Hapag-Lloyd CEO Rolf Habben Jansen said on Thursday that it would not be in the container shipper's interest to make a counter offer for HHLA, the main operator of Hamburg port, and may instead cut its traffic through the hub.On Wednesday, Switzerland-based MSC, the world's biggest container shipping company, offered to buy almost half of the port operator in a deal that could be worth nearly 1.
Swiss-based MSC, the world's biggest container shipping company, has offered to buy almost half of the main operator of Hamburg port in a deal that could be worth nearly 1.3 billion euros ($1.4 billion), setting the stage for a potential bidding war.Shares in HHLA, which runs Germany's biggest port
Two ships have been spotted leaving port in the southern Ukrainian city of Odesa, local lawmaker Oleksiy Honcharenko said on Friday.LSEG interactive map data showed two vessels, both more than 10 km (6 miles) from the shore on Friday, underway using their engines and heading south-east.
Russian state news agency RIA said overnight Russian strikes on the Ukrainian port of Izmail had hit port and grain infrastructure housing foreign mercenaries and military hardware, as well as a naval ship repair yard.RIA cited Sergei Lebedev, a man it described as a coordinator of an underground group in the Ukrainian port city of Mykolaiv and who it said had sources in Izmail
NATO said on Wednesday it was stepping up surveillance of the Black Sea region as it condemned Russia's exit from a deal assuring the safe passage of ships carrying Ukrainian grain.The announcement came after a meeting of the NATO-Ukraine Council, a body established earlier this month to coordinate cooperation between the Western military alliance and Kyiv.
Amsterdam took a first step toward banning large cruise liners under broader plans to reduce mass tourism and pollution, officials said on Friday.Once implemented, the measures adopted by the city council would bring the Dutch capital into line with other high-profile European cities, including Barcelona, Dubrovnik and Venice, that have already cut cruise liner numbers or are considering doing so.
The prosperity of port cities, throughout history, has been closely tied to the ports’ ability to adapt to economic and technological change. As ships got bigger, ports had to keep up. This has often seen the port proper grow apart from the city whose name it bears because the old harbor could no longer accommodate the needs of modernized shipping.
A shortage of West Coast port workers has forced the busiest U.S. ocean trade gateway to largely shut on Friday, after months of strained labor negotiations between the union dock workers and their employers.A substantial number of ports of Los Angeles and Long Beach workers, including operators needed to load and unload cargo, failed to show up on the job starting Thursday evening
A new electrically powered, autonomously operated ferry service is slated to launch in the Stockholm city center this spring.Norwegian shipping company Torghatten plans to have services in place this spring in Riddarfjärden, between two inner-city quays. The ferry that will operate on the crossing is an autonomously operated electric vessel that runs on batteries.
Seven people were rescued from a tug that went adrift off the U.S. East Coast.A crew member aboard the tug Legacy notified watchstanders at Coast Guard Sector Maryland-National Capital Region at about 3:30 a.m. Saturday that while towing a 290-foot barge from New Jersey, to Guyana, a 1
The European Commission warned the German government last spring not to approve an investment by China's Cosco into Hamburg's port, German daily Handelsblatt reported on Friday, citing sources.Shipping giant Cosco last year made a bid to take a 35% stake in one of three terminals in Germany's largest port in the northern city of Hamburg.
Crowley has completed the purchase of 42 acres in Salem, Massachusetts, the latest milestone toward the development of the state’s second major offshore wind port terminal.The Salem Harbor Wind Terminal is a public-private partnership between Crowley and the City of Salem, with AVANGRID serving as the port’s anchor tenant through its Commonwealth Wind and Park City Wind projects.