Latest News - page 126


EU Clears CMA CGM's Acquisition of Bollore Logistics, Subject to Conditions

Feb 23, 2024

The EU Commission on Friday said it had cleared the acquisition of the logistics operations of conglomerate Bollore by shipping group CMA CGM, subject to a number of conditions proposed by the companies.The commission, which oversees competition policy in the 27-nation European Union…

ZIM Names Trio of LNG Containerships

Feb 23, 2024

The naming ceremonies of three new vessels joining ZIM’s fleet were held in Korea and China this week for ZIM Integrated Shipping Services, continuing ZIM’s widescale fleet renovation.The naming ceremony of Zim Mount Elbrus and Zim Mount Vinson…

Porto Chibatão Installs Four Harbor Cranes

Feb 22, 2024

Brazil’s Porto Chibatão has taken delivery of four cranes from Liebherr which are now part of a fleet of 16 barge-slewing cranes in operation at the port.The port spans one million square metres. Its static load capacity stands at 40,000 TEUs…

Floating Production – A Growing Segment in Transition

Feb 22, 2024

The specialized deepwater oil & gas and floating offshore wind segments will share many of the same stakeholders and supply chains, competing for increasingly scarce resources.To receive a full version of Inteletus analysis, click hereThe established…

Carnival Announces Pier Extension in The Bahamas

Feb 22, 2024

Carnival Corporation announced plans for a $100 million pier extension that will double the arrival capacity of Celebration Key, Carnival Cruise Line’s new exclusive destination scheduled to open on Grand Bahama island in the summer of 2025…

Pearlson to Upgrade Shiplift at Australia's Osborne Naval Shipyard

Feb 22, 2024

Pearlson Shiplift Corporation, a subsidiary of The Pearlson Group, announced it has been awarded a multimillion-dollar contract to deliver a large capacity upgrade and extension for Australian Naval Infrastructure (ANI) in Osborne, South Australia…

Vitol Bunkers Receives its First Biofuel Barge in Asia

Feb 22, 2024

Vitol Bunkers has taken delivery of the Marine Future vessel, its first specialized biofuel bunker barge in Singapore.The addition of this specialized IMO type 2 notation bunker tanker to the V-Bunkers fleet will make it possible to supply biofuel blends including B24…

Biden Executive Order Targets Cybersecurity at US Ports

Feb 21, 2024

President Biden on Wednesday signed an Executive Order aiming to strengthen cybersecurity at U.S. ports amid growing threats to America's vital maritime supply chains.The directive bolsters the Department of Homeland Security’s authority to address maritime cyber threats…

ARC Keeps the Cargo Rolling

Feb 21, 2024

With a fleet of nine U.S.-flag RoRo ships, American Roll-On Roll-Off Carrier Group (ARC), is the U.S.’ premier commercial RoRo carrier of U.S. government and military cargo.  As the world becomes an increasingly contentious place, Eric P. Ebeling…

Cavotec Inks Service Deal with APM Terminals at the Port of Tanger Med

Feb 21, 2024

Cavotec announced it has signed a service agreement with APM Terminals at the Port of Tanger Med. The agreement means that Cavotec will perform service for all its MoorMaster NxG units and Power Units operational at the port.APM Terminals MedPort Tangier was officially launched in June 2019…

Maine Selects Sears Island as Preferred Site for Floating Wind Port Facility

Feb 21, 2024

The government of Maine has selected a section of state-owned area on Sears Island as its preferred site for a port facility development that will support the floating offshore wind industry.The selection of the site, announced by the Governor of Maine Janet Mills…

American Queen Voyages Up for Sale as Hornblower Gets New Majority Owner

Feb 21, 2024

A global alternative investment firm Strategic Value Partners has entered into agreement with Hornblower Group to acquire the majority ownership of the company in exchange for significant equity investment. As part of the agreement, Crestview Partners retained minority ownership in the business…

Manta Marine Technologies Announces New Leadership

Feb 21, 2024

Manta Marine Technologies, formerly known as Yara Marine Technologies (YMT), unveiled its new brand and leadership team, following its recent acquisition by Geneva-based Okapi Supply Trading Advisory SA.The Manta Marine Technologies team will now be led by CEO Ina Reksten…

Shipping Industry Influencers to Join Commodores’ Debate at CMA Shipping 2024

Feb 20, 2024

Dorian LPG, International Seaways Ship Management LLC, Poten & Partners, d’Amico and TEN Ltd. all confirmed for the CMA Shipping 2024 Commodores’ Debate rounding off three days of thought-leading content from March 12-14 in Connecticut.A highlight of the Stamford-based show…

CNOOC Receives Approval for Second LNG Berth at Yancheng Port

Feb 20, 2024

Chinese state-owned CNOOC has received government approval to build a second berth at its LNG receiving terminal in Yancheng in eastern Jiangsu province, according to a statement from the Shanghai Petroleum and Natural Gas Exchange on Tuesday…

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