Piraeus Port Profits Up on Euro Appreciation and Container Throughput Rises

COSCO SHIPPING Ports Limited (“COSCO SHIPPING Ports” or “CSP” or the “Company”, SEHK: 1199), the world’s leading ports operator, announced interim results of the Company and its subsidiaries (the “Group”) for the six months ended 30 June 2018. RESULTS HIGHLIGHTS – Revenue surged by 79.7% to US$495.5 million – Gross profit increased substantially by 59.8%… Read more »



    60m will be spent on upgrading Devonport. Credit: TasPorts   TasPorts has unveiled its Port Master Plan to spend AUS$200m in port infrastructure improvements over the next 15 years. It will focus investment on providing greater capacity and capability at the four major ports of Bell Bay, Burnie, Devonport and Hobart. TasPorts’ chief… Read more »



  Michele Witthaus finds out about South Africa’s proposed new sustainable KwaZulu Cruise Terminal at the Port of Durban. A new cruise terminal is a perfect opportunity to build in features that ensure long-term sustainability. Whereas existing terminals often struggle to retrofit green technologies, with a new development it is possible to plan effectively from… Read more »


The Winding New Silk Road

According to experts, the One One Belt One Road model of the New Silk Road is still making its first baby steps. And, in truth, the five years since the One Belt One Road initiative, offered to the world by the Chinese President Xi Jinping, is the age of infancy, especially if we compared this… Read more »



Kalmar and Navis will a deliver world-first state-of-the-art intermodal automation solution to a Sydney logistics park which will help it lower its carbon emissions.   The €80 million order for Qube’s Moorebank Logistics Park (MLP) in Sydney includes the supply of the OneTerminal solution comprising Kalmar’s automated train handling, automated yard crane and automated horizontal… Read more »


What makes a competitive hub in a interconnected world?

  An introductory presentation on the theme “What makes a competitive hub?” gave PortEconomics co-director Theo Notteboom during the World Ports Conference of the International Association of Ports and Harbors (IAPH) which was held in Baku, Azerbaijan from 8 to 11 May 2018. Theo moderated also the panel debate on the same theme during which panellists… Read more »


Carbon Targets for Shipping Can Only Be Met With ‘Zero CO2’ Fuels

The ambitious CO2 reduction targets set by the UN International Maritime Organization (IMO) for the year 2050 can only be delivered with the global rollout of zero CO2 fuels and propulsion systems, says the International Chamber of Shipping (ICS). Speaking at the annual Summit of Transport Ministers hosted by the OECD International Transport Forum in Leipzig, ICS… Read more »


Italy’s Ignazio Messina launches Italy-Tunisia ro-ro link

Naples, Italy (PortSEurope) May 23, 2018 – Italian shipping company Ignazio Messina has launched a new ro-ro maritime link between Italy and Tunisia. The port of Rades will be connected weekly with Genoa harbour, but also with Naples, where the company returns after five years of absence. On this route, two ro-ro ships will be hired from the… Read more »