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
USD 2 billion 
MSC senior vice-president Pasquale Formisano recently told the Propeller Club Basel about the ongoing adjustments to his shipping line’s fleet to 2020 and beyond. more
MOL and Singapore banking on LNG
Pavilion Gas (PGPL) and the Japanese carrier MOL have signed a long-term charter contract. According to the pact, MOL will operate Asia’s hitherto largest (12,000 cbm class) LNG bunkering vessel in Singapore. Demand for LNG as bunker fuel is expected to grow on a global scale,... more
Improved access to port of Abidjan
The expanded and deepened Vridi Canal (Ivory Coast) was recently inaugurated. The waterway connects the port of Abidjan and the Atlantic via the Ebrié Lagoon. The China Harbor Engineering Company required three years to complete the work that resulted in a wider and deeper... more
Trade war still makes no impact on world trade
The flash estimate for the container throughput index published by the German research body Rheinisch-Westfälisches Institut für Wirtschaftsforschung (RWI - Leibniz) and the Institute of Shipping Economics and Logistics (ISL) rose to 138.8 in January from 137.7 in December 2018.... more
APL introduces cargo monitoring system
Cargo monitoring is becoming increasingly important. Given this, APL recently unveiled Traxens to offer near real-time data of the movement and condition of the cargo it transports. The initiative is consistent with the CMA CGM Group’s customer centric strategy, which was the... more
New technology for ship inspection by K Line
The Japan-based carrier K Line is rolling out an innovative ship hull inspection and maintenance project, involving the use of a drone and image analysis system, together with Technos Mihara, a non-destructive testing company based in Hiroshima. K Line says that inspecting... more