‘Clumsy’ ONE start-up pushes K Line into the red
Shipowner blames loss on poor performance from liner joint venture and higher bunker prices.
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Gulftainer Wins RoSPA Awards 2018 for Occupational Health and Safety
Gulftainer, the world’s largest privately owned independent port operator and logistics company based in the UAE, has been handed the 2018 prestigious Gold Award by the UK-based RoSPA Award Scheme.Gulftainer has been recognised for its commitment…
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Five Baleària Ferries to Run on LNG
The Mediterranean ferry company Baleària will invest EUR 60 million (USD 70.2 mln) in retrofitting five ferries – Naples, Abel Matutes, Sicily, Bahama Mama and Martin i Soler – to run on natural gas and is planning to further expand its gas…
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Port of Duqm Signs Land Lease Agreement with Petrojet
Port of Duqm Company SAOC, a 50:50 joint venture between the Omani Government and the Consortium Antwerp Port (CAP) under its subsidiary called Duqm Industrial Land Company (DILC), has signed a 25 years usufruct land lease agreement for a 50,000 sqm.
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MOL posts first-quarter loss on high bunker costs
MOL hit by a net loss of $15.2m in the first quarter as revenues decline 24.5%
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