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WACT to commence Phase 2 upgrade

Friday Feb 21st 2020

“Investment in the West Africa Container Terminal’s (WACT) Phase 2 upgrade, due to commence within the next 18 months, will help meet volumes, which have grown consistently over the past three years, according to APM Terminals.” See the original story at Container News. Source: Container News (JK)

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DNV GL container ship fire notation awarded to MSC Gülsün-class

Friday Feb 21st 2020

“DNV GL has launched a new container ship fire notation, with the MSC Gülsün series of 24,000-TEU ships the first vessels to receive it” To learn more, see the original story at Riviera Maritime. Source: Riviera Maritime (JK)

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Coronavirus impact raises red flags at European ports

Friday Feb 21st 2020

“Europe’s hub ports are bracing for the impact of the coronavirus on volumes as the number of canceled sailings reached unprecedented levels.” See the original story at JOC. Source: JOC (JK)

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A.P. Moller – Maersk shows improved performance and strategic progress

Friday Feb 21st 2020

The following release was published by AP Moller Maersk: A.P. Moller – Maersk improved earnings and free cash flow in 2019, despite weaker market conditions and global container growth of only 1.4%. Earnings before interest, tax, depreciation and amortisation (EBITDA) improved 14% to USD 5.7bn compared to 2018 and the EBITDA margin increased to 14.7%. […]

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