Dynamise the gateways
Saudi Arabia’s ports are successfully gearing up to face the future. Private initiatives are now being accorded more operational freedom, to help ensure that the strategy is effective. The largest terminal in the country’s biggest port is set to grow further. more
Shipserver's e-procurement platform on the move
The number of platforms in the maritime business continues to grow. According to Shipserv, an e-procurement platform, marine buyers spent USD 385 million on its platform in January 2019. This is up 30% from last year’s figures, based on a record 115,000 purchase orders issued in... more
New bulk giant for K Line
At Imabari Shipbuilding in Japan, the 200,000-dwt ton Cape size bulker "Cape Sapphire" has been completed and will join K Line's operative fleet in due course. The ship is compliant with the common structural rules for bulk carriers (CSR-BC) and equipped with an... more
Highs and lows for RCL in 2018
The Thailand-based container shipping line Regional Container Lines (RCL) reported a 5% rise in revenue 2018 compared to 2017 to THB 12,262 million (EUR 340 million). The surge in volumes on a year-on-year-basis amounted to 6.3%. The volumes handled for the two core... more
Damen's LNG/MGO hybrid ready for work
Success for the switchover: a dredger has been converted to a dual-fuel unit running on LNG and MGO eighteen months after the contract was awarded. It was the first conversion of its kind in Europe. Damen delivered a turnkey package that included engineering, procurement and... more
Equipment for port of Posorja in Ecuador
DP World is to purchase 33 terminal tractors, three empty container handlers, three reachstackers and one forklift for the group's new deepwater port of Posorja (Ecuador). Kalmar is to supply the new equipment and start deliveries in Q2/2019. The Posorja terminal - Ecuador's... more
Finnlines sails in green waters - and earns
The Finnlines Group boosted its 2018 profit by 13.1% or EUR 12.5 million, lifting it to EUR 95.1 million. Revenue increased to EUR 589.4 million, 9.9% more than in 2017. Cargo volumes remained strong in Q4/2018. The shipping company continues to adhere to its EUR 200 million... more
Inland port of Passau gearing up
A new LHM 420 mobile harbour crane has officially commenced operations at the inland port of Passau (Germany). The hoisting equipment is able to handle single loads weighing up to 120 t – almost double as much as its predecessor. The crane is suitable for lifting bulk, general... more
Zim scoops up international shopping platform
The technology company Ladingo, which just closed a USD 1 million funding round, also counts the Haifa-based carrier Zim among its investors. The start-up, founded in January 2018, claims to be the world’s first company to offer a comprehensive solution to online shops selling... more
Drewry sees hope for post-Brexit Dover
The London-based maritime consulting Drewry has analysed the port of Dover's possibilities in a Brexit environment. The firm's study says that the UK port has resilience to cope with "moderate disruption", as Drewry put it, arising from Brexit. “Handling half of... more