Rotor wind sails in the Baltic Sea
Since October, the “Copenhagen” is being refitted at the Remontowa shipyard in Gdansk (Poland). In addition to the regular inspection by the maritime classification society Lloyd’s Register, the ferry, which has been operating between Rostock (Germany) and Gedser (Denmark) since... more
Deeper in the red: Yang Ming results in Q3
Keelung-founded Yang Ming Marine Transport witnessed lower revenues and a larger loss in Q3/2019 than in the same period last year. Operating revenue during the third quarter of 2019 amounted to 37.78 billion NTD (New Taiwan Dollars, USD 1.22 billion), a decline of 2.4% from USD... more
Short sea fleet on a green wave
The Arkon-Shipinvest shipping company, a joint venture with Rhenus, is expanding its fleet of approx. 120 units. The plan is to set up an own ecological short sea fleet. The group has placed orders for the first four environmentally-friendly vessels known as ‘Hanse Eco Short Sea... more
MOL with new navigation system
The Japanese carrier Mitsui O.S.K. Lines (MOL) combines its efforts along with Furuno Electric to foster their advanced augmented reality (AR)-based navigation system. The AR navigation system provides visual support to crewmembers during their watch-keeping and ship operations... more
Laurels for Matadi Gateway Terminal
The Matadi Gateway Terminal (MGT), approximately 150 km upstream from the Atlantic on the Congo River, was recently cited as the best investment project in the infrastructure sector in the Democratic Republic (DR) of the Congo. Thus, the Congolese unit of International... more
Hapag-Lloyd looks back on 2019 in joy, so far
In the first nine months of 2019, the Hamburg (Germany)-based carrier Hapag-Lloyd’s transport volume rose by 1.2% to 9-01 million teu (same period in 2018: 8.9 million teu). Revenues went up to approximately EUR 9.5 billion (2018: EUR 8.5 billion). Earnings before interest and... more
New TOS operational in the port of Baltimore
A new terminal operating system (TOS), introduced by Ports America Chesapeake (PAC), was recently launched at the port of Baltimore’s Seagirt and Dundalk marine terminals. The new Navis N4 system is the first time the port has utilised a single platform for all cargo handled at... more
New safety devices at the LSCT in La Spezia
Three new emergency medical devices have recently been installed at the La Spezia container terminal. The LSCT equipped the workplace with three defibrillators, strategically positioned in three different areas of the terminal. Present at the inauguration the La Spezia... more
Healthy ambitions
A very important new chapter in shipping is set to be opened in the next few weeks, with IMO 2020 entering into force. The experts who gathered for the latest Euromed Congress agreed that shipowners should bank on various measures to reduce emissions. more
Maersk's recent optimism justified
The remodelling of the group seems to be paying off for A.P. Møller - Mærsk. Although some operational figures went down, profitability, especially in new fields of activity, was good in Q3/2019. While general revenues decreased by 0.9% to USD 10.1 billion in Q3, ebitda... more