Baltic Sea Bridge reaches first milestone 
Since the end of March, Mukran Port Terminals has been operating, in cooperation with DBO Bahnoperator, a fixed sea link, flagged Baltic Sea Bridge, as part of the New Silk Road between Asia and Europe. With the Mukran port and industrial zone and the handling of short sea... more
POLB's peak in July
The rebound in US container traffic has reached the West Coast. In the Californian Port of Long Beach, the month of July marked the peak of box throughput in the port's 109-year history. Terminals handled more than 753,000 teu, thus breaking a record established in June 2018... more
Yang Ming's H2/20020 on the rise
Benefiting from strong freight rates and relatively low fuel costs, Keelung-headquartered Chinese shipping group Yang Ming was able to improve its figures despite the corona impact. For H1/2020, the company’s consolidated revenues were down by 12% compared to the same period... more
LNG for three PCTC
As previously reported (see ITJ Daily of 22 June), European Car Carriers (UECC), jointly owned by Nippon Yusen Kabushiki Kaisha (NYK) and Wallenius Lines, will build three LNG battery hybrid powered generation PCTC with China Ship Building Trading and Jiangnan Shipyard Group.... more
APM strikes in Aarhus
The Aarhus Logistics Centre (ALC) is selling its container terminal in Aarhus to neighbouring APM Terminals Operations and transferring its port areas with effect from 1 September 2020. The terminal was established by ALC in the spring of 2017. Due to limitations regarding... more
Balanced cargo streams in Oakland
July turned out to be a good month for the Port of Oakland close to San Francisco (USA). Containerised import shipments jumped 6.4% in July compared to 2019 totals. The step up followed a 1.9% increase in June. The good news was tempered by a 6.4% decline in July export... more
Flemish channels find their swing
Flemish Waterways, Port of Antwerp, Port of Ostend, Port of Zeebrugge and North Sea Port as well as the Agency for Maritime and Coastal Services and the Common Nautical Management (CNM) have joined forces to introduce the innovative reporting platform SWING (Single Window for... more
Work starts on pier extension in Koper
Construction work for the extension of the southern part of pier I in the Slovenian port of Koper has begun. The quayside is expected to be completed in March 2021; it will bring the quay to a length of 695 m. The first phase of the project consists of a 34-m-wide quayside... more
Maritime arbitration - a centred business
London continues to dominate the market for international maritime arbitration, according to an analysis presented by the law firm HFW, accounting for more than 80% of all cases worldwide.London handled 1,737 maritime arbitrations in 2019 – up by 14% on the previous year – which... more
Hapag-Lloyd weathers H1 well
The Hamburg-based carrier Hapag-Lloyd improved its financial result significantly in H1/2020, but lost volumes. While revenues rose by 2,5% to EUR 6.4 billion (EUR 6.2 billion in H1/2019), earnings before interest and taxes (ebit) surged by 14% to EUR 511 million, thereby... more