Liebherr Group again posts record turnover 
In 2022, Liebherr, one of the world’s largest construction equipment manufacturers, surpassed its previous turnover record from 2021 by EUR 950 million (8.2%) to reach EUR 12,589 million (net income of EUR 2 million). In the six product segments - maritime cranes, aerospace... more
AD Ports Group: more funds than expected
The AD Ports Group, a facilitator of global trade, logistics, and industry based in Abu Dhabi, has signed a general corporate facility agreement with a syndicate of thirteen regional and international banks. The funding amounted to 3.7 times more than what was foreseen by... more
APM Terminals Mumbai a 'Top-Performing Terminal'
APM Terminals Mumbai (GTI) is once again listed as 'The Top-Performing Terminal' in India in a ranking published by NICDC Logistics Data Services in January 2023. With the highest volumes of any gateway terminal in India, APM Terminals Mumbai offers the lowest dwell times for... more
Schedule reliability increases sharply
The maritime consultancy Sea-Intelligence reports that global schedule reliability in February 2023 reached 60.2% - an increase by 7.7 percentage points month-on-month. On a year-on-year level, schedule reliability was 26.0 percentage points higher. The average delay for... more
One month for detecting fraudulent consumer goods
US Customs and Border Protection (CBP) officers seized over USD 700,000 in counterfeit designer brand name clothes, purses, scarves, sneakers and other items in Norfolk, VA. They initially examined the shipment on 3 February 2023, which had arrived from Seoul, South Korea, and... more
A simple and cost-effective way to cut emissions
Wärtsilä, a provider of innovative technologies and lifecycle solutions for the global marine and energy markets, has conceived a new radical derating retrofit solution. After a test on a container ship last year, the group has announced that "Wärtsilä Fit4Power"... more
Basel's port economy forging ahead
The Swiss association for shipping and port management (SVS) recently held its 119th general assembly in Basel. President Christoph Brutschin pointed out in his address that in addition to dealing with current economic challenges on the international and national level, the... more
Batteries for Valencia?
After a visit at the Port of Valencia, Alfons Westgeest, general manager of Eurobat, a European lobby of multinational electric battery companies, said that the Spanish port is not only "the fourth port in Europe in container traffic", but that "it has the... more
Moving more than 9,000 containers on one ship
"ONE Trust", a vessel in the fleet of The Ocean Network Express, recently docked at Southampton after sailing from Pusan in South Korea. The DP World team in the British port exchanged some 9,315 containers, including 5,824 discharges, 3,473 loads and 18 re-stows,... more
K Line Chile – 50 years of experience
The 50th anniversary ceremony, including a traditional sake barrel breaking ceremony, of the company K Line Chile brought together 150 people in Santiago de Chile, among which were His Excellency the Ambassador of Japan to Chile, Kazuhisa Shibuya, and Chilean governmental... more