Tag Archives: Europe

Demand growth in the container sector is expected to outpace capacity expansion this year, according to Clarksons. “Together with the rapid rate of demolition, the thin order book outside the larger sizes and a likely slowdown of the ‘cascade’, this may in the medium-term lend gradual support to the earnings environment,” the British shipping broker added. Looking back at 2014, ... Read More »

Hamburg Süd has signed a sale and purchase agreement to acquire the container liner activities of Compañía Chilena de Navegación Interoceánica (CCNI) including the related general agency functions of Agunsa Agencias Universales S. A. (Agunsa). The take-over of the CCNI/Agunsa business is subject to appro­val by the competent antitrust authorities, scheduled to become effective at the end of March 2015. ... Read More »

The German port of Kiel has reported positive results for 2014, with cargo handling and intermodal traffic continuing to rise. The port moved 6.43m tonnes of cargo, 1.6 % more than in the previous year, with Stena Line’s Kiel-Gothenburg route recording the biggest increase in general cargo handling. Dirk Claus, the port’s managing director, said: “Along with the growth in ... Read More »

Italian terminal operator Contship Italia has released details of the throughput at its terminals in 2014. Total throughput at its five Italian terminals in 2014 was 5.17m teu, almost exactly the same as last year. At La Spezia Container Terminal, throughput rose by 7% and at Salerno Container Terminal it rose by 21%. On the other hand, at its biggest ... Read More »

In order to reach the target of transporting 2m trucks per year by 2020, Eurotunnel has announced the order of three new freight shuttles to add to the 15 in its existing fleet. With the British economy continuing to grow and cross-Channel traffic flows concentrating on the shortest routes as a result of environmental constraints, the market in the strait ... Read More »

Netherlands-based terminal operator, APM Terminals (APMT) has placed an order for 16 new rubber-tyre gantry cranes (RTGs) as part of an ongoing programme of upgrading and expanding container handling capabilities and capacities throughout its global terminal network. Twelve of the machines are scheduled for delivery to the company’s facility in Algeciras, Spain, while the remaining four are destined for Apapa, ... Read More »

The Port of Bremerhaven has been recognised as the port with the highest berth productivity in Europe in the first half of 2014, based on data compiled by the Journal of Commerce. The Port of Rotterdam came second with the Spanish ports of Barcelona and Algeciras coming joint third. This is the first time that ports from Southern Europe have ... Read More »

Over the first nine months of the year, revenue at Hamburger Hafen und Logistik AG (HHLA) increased by €906m, with growth in the operating result (EBIT) up just under 11%. The company increased its operating result to €131m in the first three quarters. Over the first three quarters, the Group expanded its position in the container transport market and increased ... Read More »

DCT Gdansk has finalised the financing process for the construction of a new deep-water berth, with a group of commercial and development banks to finance the investment and provide up to €290m for the project. NV Besix SA has been appointed as general contractor. The second facility in DCT Gdansk, by volume the biggest container terminal  in the Baltic area, ... Read More »

Representatives from the three main global regulators all expressed a desire for closer cooperation at the European Maritime Law Organisation’s conference in London last week. Li Hongyin, deputy director general for domestic and international shipping affairs of the Chinese ministry of transport said: “China would be ready to join hands with the EU and US, exchanging views, coordinating positions and ... Read More »