Container carriers in the slowing US import and export trades are exercising increased discipline, maintaining capacity levels rather than introducing new vessels in an attempt to secure a larger share of the market.
Monday April 6, 2020
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Grimaldi Group
Grimaldi Group
The Grimaldi Group is a private shipping company owned and operated by the Grimaldi family since the company’s establishment in 1947. The Naples, Italy-based company is a fully integrated multinational logistics group specializing in maritime transport of cars, rolling cargo, containers and passengers between North Europe, the Mediterranean, the Baltic Sea, West Africa, and North and South America.
The group operates a fleet of about 100 vessels and has subsidiary companies and branches located in more than 25 countries. Some of the group’s shipping subsidiaries include Atlantic Container Line (ACL), Malta Motorways of the Sea (MMS), Minoan Lines and Finnlines.
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Press Releases
24 Aug 2018
Like much of global trade, pent-up demand and emerging market country development, among other economic fundamentals, bode well for the roll-on, roll-off sector’s growth prospects in the immediate years ahead, if the threat of tariffs subsides.
19 Apr 2017
Grimaldi is enhancing a service it began in 2015.
09 Nov 2016
Finnlines posted its best every quarterly result despite sluggish economic growth in Europe.
01 Aug 2016
Finnlines posted its best second-quarter result ever.
08 Jan 2016
Atlantic Container Line’s first in a series of innovative container/roll-on, roll-off ships that the carrier is deploying in its trans-Atlantic service, will call the Port of New York and New Jersey this weekend on its maiden voyage.
24 Dec 2015
Grimaldi Group has thrown its hat into the ring for two multi-purpose terminals that will be concessioned in Brazil in the next two years.
30 Aug 2015
When Atlantic Container Line in the next couple months introduces the first of five of the world’s largest multipurpose ro-ro/container ships, the symbolism will be stark. The vessels, after all, will carry cargo moving across the Atlantic for shipping sectors heading in opposite directions — the roll-on, roll-off market being a rising star and the containerized trade staring at a sudden, unexpected downturn.
29 Jul 2015
Finnlines posted its best second quarter result in a decade as cost cuts offset the impact of a flat Baltic short-sea shipping market.
06 Jul 2015
Italian shipowner Grimaldi has ordered three new car carriers, with an option for a fourth vessel, just three weeks after signing a contract for five ships and an option for seven more, taking its total investment to $465 million and underscoring the revival in the global automotive industry.
14 May 2015
Finnlines scraped a small profit in the first quarter as it spent heavily on technology to comply with tougher environmental regulations for ships sailing in North European waters.
09 Mar 2015
Grimaldi Group is close to sealing a $300 million order for five large car carriers that will operate on the North Atlantic trade lane.
06 Aug 2014
The U.S. ocean container trade via European ports, including transshipments, increased 3.8 percent year-over-year to 4.6 million laden 20-foot-equivalent units in the 12 months ending March 2014, according to PIERS, the data division of JOC Group.
25 Apr 2013
If you’re still in the business of roll-on, roll-off shipping, count yourselves a member of an increasingly exclusive club. Having survived the deepening economic recession in ro-ro’s European heartland, you’re also now likely to be in a strong market position, your hand strengthened by the weeding out of weaker players.
17 Jan 2013
The Grimaldi Group this week laid the foundation stone for the new Grimaldi Terminal Barcelona at the Muelle Costa in the Port of Barcelona in Spain.
20 Oct 2010
The Grimaldi Group will recommence service between the Mediterranean and West Africa with the launch Oct. 26 of its "Mediterranean Express" service.
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