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…
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…
ABS Chairman, President and CEO Christopher J. Wiernicki spoke about the important role of the U.S. continuing to shape the future of global maritime energy, safety and sustainability during a keynote address at the opening session of the CMA Shipping 2019 Conference…
Contship Italia SpA has sold its 50 percent share in the southern Italian port of Gioia Tauro, which includes the Medcenter Container Terminal (MCT).A press release said: 'Contship, a fully controlled subsidiary of Terminal Investment Ltd (TIL)…
The Port of New Orleans and project partner, the New Orleans Public Belt Railroad (NOPB), were awarded a National Clean Diesel Funding grant from the United States Environmental Protection Agency.The EPA grant will provide 40% of total project cost…
The Board of Directors of Harley Marine Services announced via press release that Harley Franco will no longer be serving as the company’s Chief Executive Officer. Matt Godden will remain as President of the Company. “Since the beginning of 2019…
