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OECD: Port of Gothenburg in need of investments

Ports:

Massive investments and not least dredging is needed in the Port of Gothenburg if the Swedish port is to maintain its status as Scandinavia's top container hub, notes a new OECD report. More direct container routes represent a crucial asset for the port.


BY TOMAS KRISTIANSEN
Published 11.01.17 at 11:39

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Most read Ports

Maersk's gains from Grup Maritim TCB acquisition have yet to materialize

150906-TCB-Barcelona-container APM Terminals.jpg Ports:

One of APM Terminals' largest investments, the acquisition of Spanish Grup Maritim TCB, has yet to bring in major gains. This is evident from the annual report for the Maersk family's investment company A.P. Møller Holding, which has had to cut its dividends in half after a tough year for the Maersk Group.

APM Terminals sues former owner of TCB

Ports:

APM Terminals has filed a lawsuit against the Spanish businessman and former owner of Grup Maritim TCB, Ángel Pérez Maura. The company is seeking compensation after becoming entangled in a Guatemalan corruption case. Maura also sued APM Terminals.

U.S. longshoremen earn three times average national wage

Ports:

The unionized American longshoremen earn significantly more than the average worker in the U.S., writes SeaIntel in an analysis.

APM Terminals brings in new CFO from Shell

Ports:

APM Terminals has filled the position of CFO which has been covered by interim appointees since the former chief financial officer switched to a new position following a big executive reshuffle. The new CFO joins the company from Royal Dutch Shell.

Gothenburg port conflict has reached impasse

Ports:

The conflict between port workers and the management of APM Terminals in Gothenburg has reached a total impasse and is now at its most severe point since the conflict began close to a year ago. A crucial meeting between the parties Wednesday ended without a result.

The Gothenburg port conflict enters a new stage of deadlock

Ports:

The Port of Gothenburg has now been hit by APM Terminals' lock-out in the intense conflict with port workers. For this reason, the port company has been forced to limit service throughout the rest of May and the month of June. Customers are leaving the port due to the conflict.

Current front page

Maersk's gains from Grup Maritim TCB acquisition have yet to materialize

150906-TCB-Barcelona-container APM Terminals.jpg Ports:

One of APM Terminals' largest investments, the acquisition of Spanish Grup Maritim TCB, has yet to bring in major gains. This is evident from the annual report for the Maersk family's investment company A.P. Møller Holding, which has had to cut its dividends in half after a tough year for the Maersk Group.

Depressed rates hit BW LPG in Q1

Tanker:

The world's biggest LPG carrier left the first quarter with a significantly reduced result compared to the same period 2016. The pressure on rates will continue into the second quarter.

Norwegian dry bulk duo expands fleet and considers loan

Bulk:

Songa Bulk, controlled by Arne Blystad and Herman Billung, now owns ten vessels, eight of which have been delivered. The dry bulk carrier is also considering whether to issue a bond loan in Norway.

DFDS uses communication to encapsulate crises

Carriers:

"We were too slow," says DFDS' VP of Communications, Gert Jakobsen, about the case in which the Danish carrier was accused of wage dumping earlier this year. Crisis management is just one of the purposes of communication in the maritime sphere.

Wärtsilä tasks 400 employees with digitalization effort

Suppliers:

The major Finnish supplier has established a new digital division. New people have been hired and 400 current employees from other divisions have been transferred to the division, which will focus in particular on cyber crime.

Large vessels have significantly reduced departure frequency

Container:

Since the first generation of larger container vessels hit the water in 2012, things have only gone one way for the number of weekly departures on major routes. SeaIntel has reviewed how many departures the major vessels have cut from their schedules.

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