Svitzer gears up for listing 
Svitzer, a global towage and marine services provider, posted a 6% growth in revenue in 2023 to DKK 5,786 million (USD 0.84 million), driven by a record number of harbour towage tug jobs. Adjusted for foreign exchange impact, revenue increased by 9.5%. Ebitda rose 4% to DKK... more
CMSA shatters rail volume record
The terminal operator Contecon Manzanillo (CMSA) in Mexico, part of ICTSI, posted a record in January, handling 20,400 teu of rail cargo, a 68% increase from January 2023 and the highest rail throughput in Manzanillo. The use of rail for cargo has been crucial for CMSA's growth,... more
Fleet expansion with KMC
Roll Group, a heavy transportation company, is adding two wide deck carriers from KMC Line to its fleet, starting in the second half of 2025. These vessels, to be renamed “Bigroll KMC Beaumont” and “Bigroll KMC Busan”, will increase Roll Group's fleet to ten heavy transport... more
Zim's new LNG vessels
Zim Integrated Shipping Services celebrated the naming ceremonies of three new LNG vessels in Korea and China, advancing its sustainability efforts. The vessels, “Zim Mount Elbrus”, “Zim Mount Vinson”, and “Zim Pearl”, are part of the shipping line’s fleet renovation, with... more
The sulphur switch strategy
In its latest analysis, Sea-Intelligence reports that since the implementation of the IMO2020 regulations, which mandate the use of low-sulphur fuel or approved alternatives like exhaust gas cleaning systems (scrubbers), shipping lines have saved a cumulative USD 13 billion by... more
Porto Chibatão's game changers
Porto Chibatão, a major port operator in Brazil, has integrated four Lieberherr LBS 800 barge-slewing cranes into its operations. They are the largest harbour cranes over floating piers globally, with a special boom length of 66 m and a 9.6 m tower extension, enhancing... more
Asia's first biofuel barge sets sail
Vitol Bunkers has acquired its first specialised bunker barge, the "Marine Future", in Singapore, enhancing its presence in Asia's growing biofuel bunker market. This IMO type 2 notation tanker can supply biofuel blends like B24, B30, and up to B100, in accordance with... more
Los Angeles starts 2024 on a high note
The port of Los Angeles handled almost 856,000 teu in January this year. While loaded imports went up to almost 442,000 teu (19% more compared to January 2023), loaded exports did even better. The 126,554 teu in the first month of 2024 represented an increase of 23% compared to... more
Green light for Stockholm Norvik
The Stockholm Norvik port has achieved comprehensive status within the EU's trans-European transport network (TEN-T), following a recent proposal for an agreement. This change in status is part of the revised TEN-T regulation, which is expected to come into effect in April 2024... more
Robust results in the port of Barcelona
The port of Barcelona has reported strong economic results for FY/2023, with a turnover of EUR 189 million, a cash flow of EUR 101 million, and a reduction of its bank debt by EUR 18 million. Despite the increased turnover, operating income declined by 18.5% due to higher... more