PROJECT CARGO JOURNAL – WEEK 29

Project Cargo Journal Newsletter

Co-founder Ove Meyer steps down from Zeaborn
Zeaborn co-founder Ove Meyer has stepped down as managing director from all operating Zeaborn and Zeamarine subsidiaries with immediate effect. He will retain his role as managing partner Zeaborn Holding. “It has been more than six exciting and intense years, during which we built up Zeabron through takeovers, mergers and post-merger integrations into a globally…
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Cargolux Italia launches new service to Incheon
Cargolux Italia has launched a brand new routing between Milan-Malpensa in Italy and Incheon in South Korea, where the country’s primary international airport is located. The new frequency began on July 16th and includes two weekly connections between Milan and Incheon departing the Italian city on Tuesday and Sunday. The service, routed Malpensa-Incheon-Zhengzhou-Malpensa, will offer…
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Modulift upgrades adjustable beam
Modulift has made improvements to its adjustable spreader so that it can now lift up to 27 tonnes. It also has a new and improved clamp system enabling lifting from multiple points. The new design of the spreader allows for spans of up to 16 metres and capacities of up to 27 tonnes depending on…
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Germany 13th country to ratify Hong Kong Convention
​Germany is the latest country to ratify the Hong Kong Convention, the treaty of the International Maritime Organisation for safe and environmentally sound ship recycling. The Hong Kong Convention covers the design, construction, operation and maintenance of ships, and preparation for ship recycling in order to facilitate safe and environmentally sound recycling, without compromising the…
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Thorco Projects triples revenue and increases profit
Thorco Projects has tripled its revenue last year and posted a small profit of USD 3.4 million. However, the purchase of expensive and loss-making vessels is still troubling the company. The revenue of the asset-light company tripled in its third financial year, jumping from USD 45.7 million in 2017 to USD 138.7 million last year….
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BigMove creates digital driver’s license for heavy transports The heavy road transport alliance BigMove has developed a digital driver’s license which contains all the work- and safety-related data for the driver concerned. The licenses have a bank card format and come with a QR-code which leads to all the necessary qualification certificates and can be read using any smartphone or tablet. It allows companies,…
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WATCH: Boskalis loads cruise ship on Boka Vanguard Boskalis has successfully loaded cruise ship Carnival Vista on its semi-submersible heavy lift vessel BOKA Vanguard and transported it to a shipyard facility in Freeport, Bahamas for a unique dry docking operation. The giant cruise ship, which can carry nearly 4,000 passengers and has a length in excess of 300 meters, is having technical issues…
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Sarens and Moir Crane join forces in Canada Sarens has teamed up with Moir Crane in Canada, a small crane and transport company with 15 to 20 cranes of up to 200 tons. The partnership will give Sarens a geographical advantage in the region while Moir Crane will expand their local knowledge with the size and expertise of a global industry leader, the…
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Baltic Dry Index reaches highest peak in more than five years The Baltic Dry Index on Monday reached its highest peak in more than five years. The index grew by 3.4% to 1,928 points, its highest point since January 2014. In the past month, the index has increased sharply following an unexpectedly poor start of the year. Today, the index has risen even further to 2,011…
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