The European Union (EU) has signed its largest-ever free trade agreement. This aims to boost the economies of the EU and Japan. For instance, the deal will reduce Customs duties and other trade obstacles, stimulate growth and create new jobs…
Littoral countries to the Caspian Sea have made a groundbreaking commitment to evaluate the likely impact that development projects will have on the environment in each other’s states.High-level representatives from Azerbaijan, Iran, Kazakhstan…
A consortium of salvage companies have been appointed by the owners of the MV Priscilla, a cargo ship that ran aground off Caithness.The consortium, Multraship/Ardent/Wagenborg, have begun deploying equipment to the site on the Pentland Skerries…
Imperial Logistics is joining a new industrial initiative as one of its founding members. The consortium is called +D (plusdecentral) and aims to build a cross-company transaction protocol bringing automation and new business models to the Supply Chain…
In order to develop waterways from Kakinada to Chenna, detailed hydrographic survey has been completed by the Inland Waterways Authority of India (IWAI) in respect of Kakinada to Ennore stretch of National Waterway-4.Development of National Waterway-4 is planned in three phases…
The provider of container shipping and global transportation services APL has announced that the Gulf Asia Express 2 (GA2) service will soon be calling the port of Umm Qasr.The CMA CGM=owned company said that the service will also make a second…
Unmanned systems are finding a growing number of applications in the maritime sector, and have the potential to make a significant contribution to safety and risk management, says the Allianz Global Corporate & Specialty's (AGCS) Safety and Shipping Review 2018…
The Abu Dhabi National Oil Company (ADNOC) has awarded contracts worth AED 5.88bn (US $1.6bn) for the world’s largest continuous 3D onshore and offshore seismic survey, covering an area up to 53,000 square kilometres, as the company continues…
The National Water Distribution Committee has issued a request for measure scenarios to be formulated, with the aim of limiting saltwater intrusion via the locks at IJmuiden as a result of the drought in the Netherlands.These scenarios are currently being developed…
Cepsa and Global Energy Private Limited (GPGEPL), part of UAE-based global conglomerate GP Global, have announced an exclusive partnership to manufacture and market Cepsa branded marine and power generation lubricants in India.As per the agreement…
The USD 25 mln Multi Modal Terminal (MMT) being built at Varanasi by Inland Waterways Authority of India (IWAI) under Jal Marg Vikas project is set to be completed by November this year. This would be a major landmark for the project.The construction…
MOL Group’s Croatian INA agreed to buy Eni Croatia BV, a wholly-owned member of Eni Group, through which Eni participated in the joint project of gas production in Croatia’s offshore areas Northern Adriatic and Marica.INA will become the 100%…
Icelandic fisheries company Samherji though Samherji Holding has acquired a substantial share in Eimskip, Iceland’s longest-established and largest shipping operator.The company has a total of 25.3% stake in the company and the purchase price is about 11 billion Icelandic krona…
Carnival Corporation, the world's largest leisure travel company, released its eighth annual sustainability report, announcing that in 2017 the company achieved its 25 percent carbon reduction goal three years ahead of schedule and is on track with its nine other 2020 sustainability goals…
Mitsui O.S.K. Lines (MOL) announced that the Ice-Breaking LNG Carrier 'Vladimir Rusanov', which is jointly owned by MOL and China COSCO Shipping Corporation Limited for the Yamal LNG project, made its first call at PetroChina LNG Jiangsu Terminal in China on 17 July…