Drewry: China Rules Container Shipping M&A
Drewry has drawn attention to the aggressive acquisition trail of Chinese players in its outlook for global container port demand growth
Drewry has drawn attention to the aggressive acquisition trail of Chinese players in its outlook for global container port demand growth
Drewry has stated that container shipping companies are on track to achieve sustainable profitability through oligopolization, as 10 carriers move towards controlling approximately 82% of the world fleet
Navis has invented a new module called Hull Monitor to track the underwater hull performance for all vessel types and aid fleets in reaching ports on-time while sticking to a specific fuel consumption
Konecranes has received an order for nine RTGs from Port Houston, Texas, US, as part of its $700 million modernization project taking place at the port’s container terminals
The conflict between automation and labor unions in the port industry has been discussed by Dr. Eva Savelsberg, SVP, Logistics Division at INFORM GmbH
Hapag-Lloyd has recently been sharing its container ships’ travels around the world in time-lapse videos on YouTube
Nippon Yusen Kabushiki Kaisha (NYK Group), one of Japan’s largest shipping companies, has contracted technology group Wärtsilä to supply the exhaust gas cleaning systems for two new 56,000 DWT Handymax bulk carriers
HMM has denied media reports that it is seeking US$8.9 billion funding from the Korea Development Bank (KDB) so it can grow into the 8th largest global container shipping company
Liebherr’s Ship Crane Department has extended its range of CBG cranes with the CBG 360, a robust four-rope grab crane designed for high-speed bulk handling
Tsubaki Kabelschlepp has developed a new TKHD series of cable carriers for long travel lengths in crane industries such as bulk handling
North Sea Terminal Bremerhaven GmbH & Co. (NTB), one of the most important container terminals in Europe, has upgraded from Navis Express to the N4 terminal operating system (TOS)
Georgia Ports Authority (GPA) has ordered six more Ship-to-Shore (STS) cranes from Konecranes for the Port of Savannah in the US state of Georgia to stay ahead of demand as larger vessels deliver more cargo to Savannah