Latest News - page 540


Prepare Now for 40,000 Offshore Wind Jobs

Nov 18, 2019

The offshore wind industry in the United States is growing exponentially, with multiple projects in the development stages off of the Atlantic coast. The total megawatt capacity of U.S. offshore wind farms is anticipated to reach 22,000 by 2030 and 43…

AG&P Invests in Kanfer Shipping, Eyes LNG

Nov 17, 2019

Global downstream gas and LNG logistics company Atlantic Gulf & Pacific (AG&P) has made a strategic equity investment in Norway-based Kanfer Shipping.Kanfer is a developer of small-scale LNG sea transportation, maritime break-bulk solutions…

EBRD Backs Mersin Port's $600Mln Bond

Nov 17, 2019

The European Bank for Reconstruction and Development (EBRD) said that it is backing the new US$ 600 million five-year bond issued by Mersin International Port, the operator of Turkey’s largest port.The Bank has invested US$ 90million in the issuance…

Koch Extend Charters for Two 2020 Bulkers

Nov 17, 2019

Norway-based shipowner 2020 Bulkers announced that the time charters of two of its vessels with the global commodity trader Koch Supply and TradingUnder the new deal, the dry bulk shipping company vessels Bulk Santiago and Bulk Seoul will continue…

Savona's Cruise Terminal Renovated

Nov 17, 2019

Costa Cruises and the Western Ligurian Sea Port Authority have reopened the Calata delle Vele cruise ship quay and Palocrociere Terminal One in Italy’s port of Savona following an extensive renovation.The ceremony was attended by the city's mayor…

San Diego Port Buys Eco-Friendly Fleet

Nov 17, 2019

The Port of San Diego in the US is planning to purchase seven vehicles for its work fleet that will run on renewable diesel fuel, in its efforts to act as an environmental champion of San Diego Bay.The Board of Port Commissioners approved a $700…

TSHD Meuse River Launched

Nov 17, 2019

The trailing suction hopper dredger (TSHD) Meuse River, built for DEME Group at the Royal IHC shipyard in Krimpen aan den IJssel, is launched.The launch ceremony of the the 7,950m³ vessel took place at IHC’s shipyard in Krimpen aan den IJssel…

Essar Completes Ferry Terminal at Hazira

Nov 17, 2019

India's Essar Bulk Terminal Ltd (EBTL) said it has completed work on the Passenger Ferry Terminal that has paved the way for a cruise-based passenger ferry service, commencing 15 November 2019, between Hazira Port in Surat and Bandra-Worli Sea Link in Mumbai…

Konecranes to Supply RTG Cranes to Tangier Port

Nov 17, 2019

Finnish manufacturer of cranes and lifting equipment Konecranes Oyj has won an order to supply a terminal at Tangier Med Port II with 16 Rubber Tired Gantry (RTG) cranes.The cranes will be delivered in batches with the last ones arriving by mid-July 2020…

EIB Ends Financing for Fossil Fuel

Nov 17, 2019

The European Investment Bank (EIB), the EU's financing department, will bar funding for most fossil fuel projects to become the world’s first ‘“climate bank”.The bank will end its financing of oil, gas, and coal projects after 2021, and will accelerate clean energy innovation…

ShipMoney, ISWAN Partner for 'ShipMoney Cares'

Nov 17, 2019

ShipMoney, an international maritime payment solution provider, launched a new initiative: ShipMoney Cares. “As a company, it’s very important that we give back to the community that supports us,' said Stuart Ostrow, President, ShipMoney. 'Together with ISWAN…

Brittany Ferries Consortium Buys Condor

Nov 15, 2019

Condor Ferries, an operator of passenger and freight ferry services between UK and France, has been sold to a consortium including the French shipping company Brittany Ferries.Brittany Ferries, in consortium with the Columbia Threadneedle European Sustainable Infrastructure Fund (ESIF)…

Team Tankers Sells Two Ships

Nov 15, 2019

Bermuda-based global shipping company Team Tankers International finalized the sale of the last two of its five older medium range (MR) tankers.Team Tankers has managed to free up a funds for new investments after divesting MR tankers, said CEO Hans Feringa…

Sovcomflot Profits Up on Stronger Tanker Market

Nov 15, 2019

Russia's state-owned tanker carrier Sovcomflot (SCF Group) reported improvements on both the top and bottom line in the third quarter benefiting from a stronger tanker market.The energy shipping company posted a net profit of  $26m as revenue increased in the third quarter…

Tech Makes Gothenburg Port Smarter

Nov 15, 2019

The Gothenburg Port Authority recently launched a data system designed to coordinate and monitor work at the Port of Gothenburg Energy Port, the largest open access energy terminal in Sweden, handling more than 20 million tonnes of energy products annually…

Current News

Latin American Trade Growth Drives Increase in Port of New Orleans Cargo Volume

Infrastructure Projects Continue at Port of Charleston

AAPA Writes to DOT about Surface Transportation Reauthorization

Ships Queue at Russian Grain Port

Subscribe for Maritime Logistics Professional E‑News