India’s largest private multi-port operator Adani Ports and Special Economic Zone (APSEZ) will set up its first container terminal outside India in Myanmar at an estimated cost of US$ 290 million.Adani Group said that all requisite permissions…
Marshall Islands-incorporated Global Ship Lease (GSL) announced that it has agreed to acquire three 2004-built, 7,849 TEU containerships for an aggregate purchase price of $48.5 million.Upon delivery during the second quarter, the first vessel will commence a five-year charter with Maersk Line…
European ports have prepared a memorandum emphasising the role port managing bodies can play as facilitators of the port ecosystem in view of the European elections, which will lead to a new Commission, a new European Parliament and a new vision for Europe…
Jotun unveiled the next-generation of its SeaForce biocidal antifouling range, with three new products featuring Hydractive technology. Jotun originally launched its SeaForce range in 2004. Since then it has recorded more than 27,000 vessel applications worldwide…
Few places offer the opportunity to get seasick without ever leaving dry land.Surrounded by moving images on high-definition monitors, students at the prestigious Texas A&M Maritime Academy in Galveston train every day aboard ship simulators…
The Canaveral Port Authority and Disney Cruise Line have reached a new 20-year agreement to expand operations and make Port Canaveral home for two of Disney Cruise Line’s three new ships. The new operating agreement will begin June 1, 2019…
Marlink will introduce a new hybrid communication service at Nor-Shipping 2019. Dubbed Sealink Global 4G, as a turnkey solution it is designed to provide everything needed to leverage fast, low-latency mobile services when in network range while…
PSA International Ptd Ltd (PSA), the Polish Development Fund (PFR) and the IFM Global Infrastructure Fund (GIF) managed by IFM Investors have completed the transaction to jointly acquire DCT Gdańsk, the largest container terminal in Poland.DCT…
The Gazprom Neft bunkering business Gazpromneft Marine Bunker has concluded new agreements with cruise operators Royal Caribbean International and Saga Cruises.Gazpromneft Marine Bunker will be managing approximately 60 bunkering operations…
Brazil Minister of Foreign Affairs, Ernesto Henrique Fraga Araujo met with the global port operator DP World Group's Chairman and CEO, Sultan Ahmed bin Sulayem in the Brazilian capital, Brasilia this week.They discussed social reform, a stable…
Greek shipping company Star Bulk Carriers Corp reported a net loss of $5.3 million, or $0.06 loss per share for the first quarter ended March 31, 2019.Net income for the first quarter of 2018 was $9.9 million, said the global shipping company…
KVH Industries (Nasdaq: KVHI) said that Ken Loke has been named Vice President – Asia Pacific, to direct all initiatives for KVH in this region. Loke has extensive experience in satellite and managed services with top companies active in the telecommunications and maritime industries…
Aspin Kemp and Associates Inc. (AKA) and MAN Energy Solutions (MAN) are working together on the delivery of the propulsion package for 1+1 230-meter-long RoPax vessel for TT-Line, a German ferry operator. The vessel is to be built at Jiangsu Jingling shipyard in China…
Orion Group Holdings, Inc. (NYSE: ORN) a leading specialty construction company, has announced a contract award of approximately $160 million.The company’s marine segment has been awarded a contract from the Port of Seattle, Washington, for…
Software solutions from Wärtsilä have been selected for installation in three maritime training centers in The Netherlands.The turnkey systems is designed to allow training to commence immediately following the site acceptance. The systems have been ordered by the Rotterdam based STC Group…