One of Norway’s oldest maritime companies, Wilhelmsen announced that is evolving the company’s focus and corporate strategy to pursue growth opportunities in maritime services, renewable energy, and decarbonization. The company expects to invest $500 million focusing on the renewable energy segments over the next five years. “Our strategy is very clear, we will contribute to […]
The Panamax boxship Lori has been struck by a missile attack off the coast of Oman, Israeli defense sources told media on Thursday. AIS data show that the vessel halted for about three hours before getting under way once more. According to Israeli outlet Ynet, she did not sustain serious damage from the attack; no […]
Australian maritime authorities have detained two vessels owned by a Qatari shipping company for labor and safety violations. The International Transport Workers’ Federation has been working with the Australian authorities to provide relief for the crew trapped aboard the vessel while the owners address the deficiencies. In February, Australian authorities detained the 17-year-old bulk carrier […]
Germany energy company RWE is proceeding with the development of its largest offshore wind project, the Sofia Offshore Wind Farm located on Dogger Bank, approximately 120 miles off the UK’s North East coast. RWE was awarded the contract for the site in 2019 and how now confirmed its final investment decision to proceed with the […]
The Royal Caribbean Group is continuing to move forward with its plans to resume cruise operations further expanding its international cruises. Two of the company’s brands added summer cruise programs in the Eastern Mediterranean. The company has now announced plans for seven cruise ships to be operating during the summer months. The group’s contemporary brand […]
A Maersk operated containership remains stopped in the Pacific awaiting the arrival of a service technical crew that is being dispatched along with replacement parts for the vessel’s main engine. Unlike other recent incidents, Maersk reports no loss of containers saying that the crew and the container cargo have remained secure and that the vessel […]
The 20,000 TEU container ship Ever Given may be a feature of the landscape at the Suez Canal for days or weeks, according to professional salvors. Salvage experts say that the boxship’s position – wedged between both of the canal’s banks like a closed butterfly valve – will make this operation more complex than simply […]
After 23 very successful years, Glenn Rutherford, Swissport executive vice president for Asia-Pacific, has decided to depart the company at the end of 2021. Brad Moore will join Swissport from Qatar Airways as new managing director for the Australasia region. Rutherford will spend three months ensuring a smooth transition after Moore commences in early April, […]
AirBridgeCargo, one of the leading all-cargo carriers in the transportation of live animals, has successfully delivered four reindeer from Moscow to Frankfurt. The transportation has been accomplished in partnership with Astra Brokers for Moscow Zoo, one of the oldest zoos in Europe. Under the regular animals’ exchange programme the reindeer were safely delivered to Wuppertal […]
Kerry Logistics Network Limited (KLN)’today announced the Group’s annual results for 2020. Group’s Financial Highlights Revenue increased by 30% to HK$53,361 million (2019: HK$41,139 million) Core operating profit increased by 20% to HK$3,320 million (2019: HK$2,765 million) Core net profit increased by 33% to HK$1,828 million (2019: HK$1,374 million) Profit attributable to the Shareholders for […]
UPS has named Daniel Carrera as the new president of UPS Europe. In his new role, Carrera will be responsible for managing operations and more than 50,000 UPSers across 56 countries and territories. In the response against the pandemic, the Europe region has continued to grow as a global hub in the UPS network, meeting […]
Starting April 1 2021, Swissport will support Aero K, an airline startup from South Korea. The low-cost carrier has contracted ground services from Swissport at Cheongju International Airport (CJJ). Swissport AIK Ltd, a joint venture between Swissport and Aero K Holdings, will provide airport ground services for Aero K, South Korea’s newest low-cost carrier. From […]
