People & Company News


BSCS Wins Cruise Ship Management Deal

Mar 26, 2019

Bernhard Schulte Cruise Services (BSCS) was awarded technical management of Jalesh Cruises’ new vessel, MS Karnika. (formerly Pacific Jewel).The 70,285-ton, 2,000-passenger Crown Princess-class cruise ship is presently undergoing comprehensive…

17 Konecranes Units for EUROGATE Hamburg

Mar 26, 2019

Konecranes’ relationship with the EUROGATE Group continues with the signing of an order for 17 Konecranes Noell Straddle Carriers for EUROGATE Container Terminal Hamburg. This follows upon the delivery in 2018 of 43 Konecranes Noell Straddle…

The Ocean Cleanup: APL Signs On

Mar 26, 2019

Ocean carrier APL announced Tuesday that it will provide free shipping to The Ocean Cleanup, a non-government, non-profit organization working to develop technologies to rid the world’s oceans of plastic.“We applaud The Ocean Cleanup’s course in cleaning up our oceans…

2018: Record Year for Port of Antwerp

Mar 25, 2019

With a growth of 5.2% in 2018 compared to previous year, the Port of Antwerp has confirmed the earlier forecasts for a 6th consecutive year record.'The confirmation of the port's attractiveness and the consolidation of its position as a global…

Yang Ming Reports $219mln Loss for 2018

Mar 25, 2019

Taiwanese global shipping and logistics services company Yang Ming Marine Transportation Corp. it had a net loss of $218.5 million in 2018, with operating results significantly impacted by higher fuel prices.According to a stock exchange annoucement from the ocean shipping company based in Keelung…

The Port of Ngqura – Nurturing its green status

Mar 25, 2019

Transnet National Ports Authority’s (TNPA) Port of Ngqura is the only port with a green status in the South African port system and maintains this status through a number of innovative measures.“Ngqura is the only South African port that was…

GAC Sri Lanka Taps Edirisinghe as Director

Mar 25, 2019

Business veteran Ravi Edirisinghe has been appointed Director/Chief Executive Officer of GAC Group of companies in Sri Lanka.He brings to his new role 27 years of knowledge and experience in strategic planning, business development and re-engineering…

Konecranes Delivers Reach Stackers to Ethiopia

Mar 25, 2019

Through distributor QOPH Engineering Enterprise, Konecranes has delivered 13 reach stackers to Ethiopian Shipping and Logistics Services Enterprise (ESLSE).  This order has put 10 reach stackers at Modjo Port & Terminal, Ethiopia’s main dry port which handles most of the country’s trade…

Hapag-Lloyd Mulls Better Performance in 2019

Mar 24, 2019

German ocean carrier Hapag-Lloyd expects solid growth in 2019, according to the annual report for 2018 in which the the international container shipping line reports improved earnings.Rolf Habben Jansen, Chief Executive Officer of Hapag-Lloyd said: 'While our business is and will remain cyclical…

Diamond S Shipping Taps Kilcullen as CFO

Mar 22, 2019

US-based tanker owner Diamond S Shipping Inc. said it has appointed Kevin M. Kilcullen as its new Chief Financial Officer.Kilcullen comes to Diamond S from Oslo-listed chemical and product tanker owner/operator Team Tankers International Ltd…

BDO: Shipping Confidence Rises

Mar 22, 2019

Even in the face of a raft of geopolitical and trade disputes that have conspired to instill uncertainty in many industries, confidence in the shipping industry rose in the last three months says the latest Shipping Confidence Survey from BDO…

Port Authority: 'A strong start to 2019'

Mar 22, 2019

Tonnage on river increases 60 percent from 2018Through the first two months of 2019, the Port of Little Rock and its stevedorer, LSI, have seen a year-to-year increase of 33 barges, a 62% increase in activity. Additionally, tonnage is up 49…

Lloyd's of London CEO Sees Success in 2019

Mar 22, 2019

Lloyd's of London is making changes that will make it more successful this year, its new chief executive said on Friday.The 300-year-old insurance market publishes the 2018 results in aggregate of the more than 80 syndicates under its roof next week…

Rhenus Acquires World Net Logistics

Mar 22, 2019

European logistics provider Rhenus Group has acquired South African freight forwarding and logistics specialist World Net Logistics (WNL).The takeover of the Johannesburg-headquartered firm WNL is still subject to approval by the relevant cartel authorities…

ZIM: Higher Revenues, But a Loss in 2018

Mar 21, 2019

The biggest cargo shipping company in Israel, Zim Integrated Shipping Services Ltd (ZIM) reported a revenue of nearly $3.25 billion in 2018, the highest in the last 4 years, reflecting an increase of 9.1% compared to $2.98 billion in 2017.However…

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