Hellenic Republic Asset Development Fund (HRADF) asked for improved financial bids from short-listed investors seeking to buy a majority stake in its second-largest port, reports Reuters. Greece’s privatization agency (TAIPED) got three…
Norway is going to build the world’s first tunnel for ships, a 1,700-meter (5,610-feet) which will cost over $300 million USD (NOK 2.7 billion) and allow cruise ships to bypass the most risky area along the coast of Norway. The Norwegian…
SCF Group's Sovcomflot sees bright future for LNG-fuelled vessels in the tanker industry. 'LNG is a promising fuel for large-capacity vessels, which will significantly increase their environmental compatibility and efficiency,' says the company…
Port authorities in Virginia and Georgia will be allowed to engage in discussions about a variety of commercial and operational topics as a result of the U.S. Federal Maritime Commission (FMC) voting to allow the 'East Coast Port Gateway Terminal Agreement' to go into effect…
Dredging works for the deepening and widening of the access channel toward Jawaharlal Nehru Port in Mumbai, India is scheduled to commence in the coming weeks and last for approximately two years. The dredging will enable the country’ largest container handling port…
Greece's privatisation agency (HRADF) asked on Friday for improved financial bids from shortlisted investors seeking to buy a majority stake in its second-largest port.Athens got last month three offers for the sale of a 67 percent stake in Thessaloniki Port…
ChartCo Acquires Docmap ChartCo, provider of maritime digital data and compliance services, said it has expanded its range of integrated marine solutions with the acquisition of the at-sea digital document management company Docmap. Oslo…
EU antitrust regulators will approve Maersk Line's acquisition of German peer Hamburg Sud after the world's biggest shipping company agreed to pull Hamburg Sud out from some trade route groups, a person familiar with the matter said on Friday…
Prime Minister Shri Narendra Modi has laid the foundation stone of the multi-modal terminal at Sahibganj, Jharkhand. The terminal at Sahibganj is an important component of the Jal Marg Vikas Project (JMVP) for the augmentation of the navigation…
Mitsui O.S.K. Lines (MOL) is pleased to announce that the United States National Oceanic and Atmospheric Administration's (NOAA) Channel Islands National Marine Sanctuary has honored MOL with an award for the company's participation in the 2016 Vessel Speed Reduction (VSR) incentive program…
EcoPorts, the main environmental initiative of the European port sector, is celebrating its 20th anniversary this year. The European Sea Ports Organisation (ESPO) has published an interview with the Port of Thessaloniki, one of the first ports in the EcoPorts Network…
CMA CGM has announced the strengthening of its position on Europe > West Africa route by becoming vessel operator on its current service EURAF 5. Effective April 5th, 2017, CMA CGM operates 2 vessels on EURAF 5 between North Europe and West Africa South Range…
Tradepoint Atlantic, a 3,100-acre multimodal global logistics center in Baltimore, Maryland, that features an unmatched combination of access to deepwater berths, railroads, highways, and storage space today announced an exclusive, 10-year agreement…
Somalia's semi-autonomous Puntland region said on Thursday that Dubai's government-owned P&O Ports had won a 30-year concession worth $336 million to expand and manage its Bossaso port.'This investment is a huge undertaking in Puntland and…
“After the tragic loss of STELLAR DAISY, a quality and thorough investigation report will be needed quickly.”INTERCARGO is deeply concerned at the tragic loss of the VLOC vessel STELLAR DAISY reported on 31 March 2017; our thoughts are with the families and loved ones of the seafarers…