Wijgula's fresh face 
The inland shipping company Königliche Wijnhoff & Van Gulpen & Larsen (Wijgula) has appointed Simon Lucas as its third managing director alongside Norbert Meixner and Egbert Schelhaas, effective 1 September 2023. With a background in the chemical industry, Lucas will... more
Iumi addresses fire concerns in EV transport
The International Union of Marine Insurance (Iumi) has released recommendations for the safe transport of electric vehicles (EVs) in response to concerns about fires on car carriers and ro-ro vessels. Research cited by Iumi suggests that EV fires are not inherently more... more
Global container turnover declines
The RWI/ISL Container Turnover Index, a collaborative effort by the RWI – Leibniz Institute for Economic Research and the Institute of Shipping Economics and Logistics (ISL), showed a slight drop in July, reaching a seasonally adjusted 121.9 points compared to the revised 123.3... more
ICTSI secures Metrobank loan
International Container Terminal Services, Inc. (ICTSI), a major global terminal operator, has obtained a USD 750 million loan from Metropolitan Bank & Trust (Metrobank), marking the largest credit facility secured by ICTSI and the largest bilateral facility extended by... more
Cargo growth in Gothenburg
Amid global and domestic economic slowdown, the Port of Gothenburg maintains solid cargo volumes, backed by Sweden's resilient export industry. Import dips, reflecting economic caution, are stabilising, with signs of autumn recovery. The port handled 446,000 teu in... more