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... plus
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... plus
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... plus
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... plus
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... plus
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... plus
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... plus
2 milliards d’USD 

Pasquale Formisano, SVP de MSC, a présenté récemment au Propeller Club de Bâle l’adaptation en cours de la flotte, jusqu’en 2020 et au delà. plus
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,... plus
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... plus