The Liebherr Group notched up a company record turnover of $11.8 million in 2018, representing an increase of $828 million, or 7.5 %, compared with the previous year.Despite a slight decline in overall economic growth, revenues from construction machinery and mining equipment rose by 10…
Meyer Turku Group reported a turnover of €969.7 million for 2018, up from €808.2 million the year prior. The Finnish shipbuilder, which recorded €29 million in profits for 2018, said its financial figures indicate a good, steady company growth…
The Port of Savannah handled more total containerized cargo and more intermodal rail volume, with greater connectivity and velocity, than any March on record, the Georgia Ports Authority reported today.While the port handled more than 410,000 twenty-foot equivalent container units last month…
Costa Cruises will be increasing its number of calls to Valletta in 2020.A press conference was held aboard the Costa Fascinosa to launch the Malta-to-Malta cruises aboard Costa Cruises’ ships, with 32 departures operated from late March to early November 2020…
V.Group, a global marine support services provider, opened its state-of-the-art new home in Mumbai in a ceremony earlier this week. Colleagues from across the Group were joined by CEO, Ian El-Mokadem, and a number of distinguished guests, to open the new building in Windsor Corporate Park…
Gold Talent, Cosco Shipping Logistics and JD Logistics entered into a cooperation agreement to jointly invest in online logistics platform EShipping through a joint venture (JV) formation.Gold Talent is a wholly-owned subsidiary of Hong Kong…
China's COSCO Shipping has confirmed it will call at the port of Liverpool after a successful trial last October to offer its clients more efficient services between Britain and Canada.'The world’s top five shipping lines are all now calling…
The European Community Shipowners’ Associations (ECSA) organised a workshop on the practical implementation of measures to reduce Greenhouse Gas emissions, attended by representatives of the European Commission, the European Maritime Safety Agency…
Alternative capacity could be provided by short-sea container services between the UK and EU to alleviate possible congestion at the Port of Dover post-Brexit.The Port of Dover is the cross-channel port situated in Dover, Kent, south-east England…
Kalmar has concluded a deal to supply a total of three Kalmar Ottawa Electric Terminal Tractors T2E to the Mexican bakery product manufacturer Bimbo.Kalmar, part of Cargotec, said in a press release that the order was booked in Cargotec's 2019 Q1 order intake…
Danish conglomerate A.P. Moller – Maersk informed that Claus V. Hemmingsen steps down as Vice CEO of the group. The company's energy division, which was headed by him, will also be shut down.'The Energy division will close down latest by the end of June 2019…
The Austrian screw pump manufacturer founded KRAL SAS in March 2019 and is expanding its direct sales activities into France. The sales manager of the new KRAL SAS is Richard Fanget, who has more than 20 years of experience with pumps. After studying technology and economics…
U.S. coastal and river cruise operator American Cruise Lines continues to accelerate its newbuild program across its diverse fleet, adding new ships to its new Modern Riverboat Series as well as its fleet of new coastal ships and Victorian-style paddlewheelers…
UK-based maritime engineering company Intermarine UK has appointed the shipping agent Olimpic as its representative in Greece and Cyprus.Intermarine President Slawomir Kalicki said the new agreement will see Olimpic charged with bringing Greek…
Today at Fincantieri’s Arsenale Triestino San Marco shipyard, in Trieste, Italy, first steel was cut for the first of three new ships sections as part of Windstar Cruises’s $250 million vessel overhaul program.Windstar’s Star Plus Initiative is a complex and comprehensive small ship lengthening…