TEU

Abu Dhabi Terminals celebrates milestone achievements - recording 10 million man hours without LTI and handling 20 million TEU since inception

Retrieved on: 
Monday, May 15, 2023

ABU DHABI, UAE, May 15, 2023 /PRNewswire/ -- Abu Dhabi Terminals (ADT) has announced that it has set a record by exceeding 10 million man-hours without Lost Time Injury (LTI) and by handling 20 million twenty-foot equivalent units (TEU) containers.

Key Points: 
  • ABU DHABI, UAE, May 15, 2023 /PRNewswire/ -- Abu Dhabi Terminals (ADT) has announced that it has set a record by exceeding 10 million man-hours without Lost Time Injury (LTI) and by handling 20 million twenty-foot equivalent units (TEU) containers.
  • The new throughput milestone follows the handling of 3.29 million TEU in full year 2022, which was an increase of 22 per cent from the previous year.
  • Fareis AL Menhali CT Director, ADT added: "Handling 20 million TEU demonstrates the extremely robust position of Abu Dhabi Terminals due to its diverse and increasing trade base, strategic and significant hinterland connections.
  • We are continuously committed to support the economic growth of Abu Dhabi and the UAE, and at the same time provides our customers with fast and efficient services."

EQS-News: Hamburger Hafen und Logistik AG: HHLA faces challenging start to 2023

Retrieved on: 
Monday, May 15, 2023

Hamburger Hafen und Logistik AG: HHLA faces challenging start to 2023

Key Points: 
  • Hamburger Hafen und Logistik AG: HHLA faces challenging start to 2023
    The issuer is solely responsible for the content of this announcement.
  • The HHLA Group’s revenue fell by 5.6 percent to € 364.7 million in the first three months of the year (previous year: € 386.2 million).
  • As we expected, container throughput and transport in the first quarter of the year were weak at HHLA as well.
  • Despite the challenging times, HHLA continues to implement its strategy based on sustainability and profitable growth.

EQS-News: Ernst Russ Group acquires 2,194 TEU container ship FRIDA RUSS

Retrieved on: 
Thursday, May 11, 2023

May 2023 - The Ernst Russ Group acquires a 2,194 TEU container ship and expands its fleet to 31 vessels.

Key Points: 
  • May 2023 - The Ernst Russ Group acquires a 2,194 TEU container ship and expands its fleet to 31 vessels.
  • Today, the Ernst Russ Group took over a container ship with a capacity of 2,194 TEU which, as of today, will sail under the name "FRIDA RUSS".
  • With this investment, the Ernst Russ Group is further expanding its shipping portfolio and contributing to the desired rejuvenation of the group's own fleet.
  • Just recently, the Ernst Russ Group acquired the container ship "Bakkafoss" with a capacity of 1,025 TEU in a joint venture with the Icelandic shipping company Eimskip.

Beam Global is Issued a European Patent for Compact Transportation-Configurable EV ARC™ Systems

Retrieved on: 
Thursday, May 11, 2023

SAN DIEGO, May 11, 2023 (GLOBE NEWSWIRE) -- Beam Global , (Nasdaq: BEEM , BEEMW), the leading provider of innovative sustainable products and technologies for electric vehicle (EV) charging, energy storage, energy security and outdoor media, announced the issuance of another patent by the European Patent Office that covers the Company’s compact transportation-configurable EV ARC™ products.

Key Points: 
  • SAN DIEGO, May 11, 2023 (GLOBE NEWSWIRE) -- Beam Global , (Nasdaq: BEEM , BEEMW), the leading provider of innovative sustainable products and technologies for electric vehicle (EV) charging, energy storage, energy security and outdoor media, announced the issuance of another patent by the European Patent Office that covers the Company’s compact transportation-configurable EV ARC™ products.
  • The European Patent Office granted European Patent No.
  • The patent was issued on March 8, 2023 in the European Patent Bulletin 23/10.
  • “Beam Global already has various patents covering our rapidly deployed EV ARC systems and our energy storage solutions in the US, China, India and the EU,” said Desmond Wheatley, Beam Global’s CEO.

transport logistic Southeast Asia bringing the global industry together at the number one logistics hotspot

Retrieved on: 
Tuesday, May 9, 2023

SINGAPORE, May 9, 2023 - (ACN Newswire) - Messe München is hosting the first multimodal logistics trade fair in Singapore, the transport logistic and air cargo Southeast Asia.

Key Points: 
  • SINGAPORE, May 9, 2023 - (ACN Newswire) - Messe München is hosting the first multimodal logistics trade fair in Singapore, the transport logistic and air cargo Southeast Asia.
  • Running from November 1 to 3, 2023, the event will be the most influential meeting place for logistics, mobility, IT, and supply chain management in Southeast Asia.
  • "Singapore is the gateway to the greater Southeast Asia region and the most dynamic and exciting hotspot for transport and logistics right now.
  • By offering transport logistic and air cargo Southeast Asia, we are creating a platform for shippers and transport and logistics service providers to develop and expand their business in the region.

Global Ship Lease Announces Agreement to Acquire Four Post-Panamax Containerships on Multi-Year Charters

Retrieved on: 
Monday, May 8, 2023

The charters are to a leading liner operator for a minimum firm period of 24 months each, followed by a 12-month extension at the charterer’s option.

Key Points: 
  • The charters are to a leading liner operator for a minimum firm period of 24 months each, followed by a 12-month extension at the charterer’s option.
  • If all options are exercised, the vessels are expected to generate approximately $95.3 million of aggregate Adjusted EBITDA.
  • The Company expects to pay for the ships with a combination of cash on hand and senior secured debt.
  • Additionally, it demonstrates the through-cycle value of our strong balance sheet, deep industry relationships, and disciplined, returns-focused acquisition strategy.”

Capital Product Partners L.P. Announces First Quarter 2023 Financial Results

Retrieved on: 
Friday, May 5, 2023

Net income for the quarter ended March 31, 2023, was $10.0 million, compared with net income of $25.1 million for the first quarter of 2022.

Key Points: 
  • Net income for the quarter ended March 31, 2023, was $10.0 million, compared with net income of $25.1 million for the first quarter of 2022.
  • Total revenue for the quarter ended March 31, 2023 was $81.0 million, compared to $73.4 million during the first quarter of 2022.
  • Total expenses for the quarter ended March 31, 2023 were $45.1 million, compared to $40.2 million in the first quarter of 2022.
  • Total vessel operating expenses during the first quarter of 2023 amounted to $19.3 million, compared to $16.7 million during the first quarter of 2022.

Crowley to Launch Multi-Modal Service between Mexico and the U.S. Midwest and Canada Via Inland Connections by CN

Retrieved on: 
Tuesday, May 2, 2023

JACKSONVILLE, Fla, May 2, 2023 /PRNewswire/ -- Crowley will launch an end-to-end, integrated ocean and rail service between Mexico and the U.S. Midwest region and into Canada.

Key Points: 
  • JACKSONVILLE, Fla, May 2, 2023 /PRNewswire/ -- Crowley will launch an end-to-end, integrated ocean and rail service between Mexico and the U.S. Midwest region and into Canada.
  • The companies' combined network provides broad reach across the Midwest and into Canada to increase solutions for global customers in North American markets.
  • "We are pleased to be joining Crowley with our extensive inland rail network for this innovative service.
  • "We can better serve our customers in Mexico, the U.S., and Canada by assisting Crowley in providing a reliable, and seamless door-to-door customer experience.

Textainer Group Holdings Limited Reports First-Quarter 2023 Results and Declares Dividend

Retrieved on: 
Tuesday, May 2, 2023

“Following two years of surging container demand and significant fleet expansion, we are now experiencing a healthy consolidation phase with limited new container production.

Key Points: 
  • “Following two years of surging container demand and significant fleet expansion, we are now experiencing a healthy consolidation phase with limited new container production.
  • While resale prices have remained stable, the fourth quarter benefited from higher prices at the start of that quarter.
  • A conference call to discuss the financial results for the first quarter of 2023 will be held at 11:00 am Eastern Time on Tuesday, May 2, 2023.
  • The call and archived replay may also be accessed via webcast on Textainer’s Investor Relations website at http://investor.textainer.com .

Euroseas Ltd. Announces a $19,000 per day Three-Year Charter for its 3,100 teu, 2007-built Vessel, M/V EM Kea and $15,000 per day One-Year Charter for its 1,740 teu, 2005-built Vessel, M/V EM Hydra

Retrieved on: 
Wednesday, April 26, 2023

M/V EM Kea, a 3,100 TEU vessel built in 2007, entered into a time charter contract extension for a period of thirty-six months, at a gross daily rate of $19,000.

Key Points: 
  • M/V EM Kea, a 3,100 TEU vessel built in 2007, entered into a time charter contract extension for a period of thirty-six months, at a gross daily rate of $19,000.
  • The new charter will commence in June 2023 immediately following the completion of its current charter.
  • The new charter will commence in May 2023 immediately following the completion of its current charter.
  • Especially for our M/V Kea, the three-year charter we concluded at $19,000/day is higher than our previously expected level for the vessel.