The Finnish shipping company ESL Shipping and Hamburg based Nauticor GmbH & Co. KG have signed a long-term contract for the supply of Liquefied Natural Gas (LNG) in the port of Oxelösund. The contract contains the provision of the environmental…
Car carrier shipping is expected to continue its recovery from the trough of 2016, supported by improving utilization.But increasing localisation and the threat of trade wars will slow finished vehicle cargo growth, while carrier operational…
Chinese investment by the Shanghai Lingang Overseas Development in the port of Zeebrugge was officially signed in Brussels by Liu Jiaping, Chairman of Lingang, and Coens Joachim, CEO of Port of Zeebrugge.The agreement was signed in the presence…
Russia's energy major Rosneft and US ExxonMobil plan to build a liquefied natural gas (LNG) plant in a consortium with Indian and Japanese partners, spreading the estimated $15 billion cost, Reuters reported.The report said that the LNG production…
Australia's WorleyParsons has entered into a binding agreement to acquire US contractor Jacobs Engineering's Energy, Chemicals & Resources (ECR) division, a leading global technical services provider across Hydrocarbons, Chemicals and Mining & Minerals…
European Commission’s competition regulators has approved CMA CGM acquisition of Container Finance, the holding company that controls regional container operator Containerships.CMA CGM, the world’s fourth largest carrier by capacity, agreed…
The UK Chamber of Shipping said that the UK Government’s plans to charter in ships to bring in supplies in an event of a No-Deal Brexit would not help.Responding to reports that Government may charter ships in the event of a No-Deal Brexit,…
Throughput continues to register growth in the Port of Antwerp. After record semi-annual figures, the total throughput after nine months stands at 177,026,550 tonnes – a sharp 6% increase compared with the same period last year.A press release from the company said that with these results…
Middlesbrough, UK headquartered PD Ports has launched a second rail service connecting Teesport direct with Scotland opening up further opportunities to connect global importers and exporters with the north of the UK.The new service, operated by DB Cargo…
Port of Vinton officials announced that dredging operations near the mouth of the Vinton Navigation Channel has been completed.Magnolia Dredging of Mandeville, La., was the contractor on the $1.098 million maintenance dredging project that removed more than 21…
Specialized global maritime payments provider ShipMoney has announced a series of high level appointments to its European operations team.Roula Zachariou joins the ShipMoney team as Vice President of Business Development and Client Management…
Cargo imports and exports hit an all-time high at the Port of Hueneme with 1.6 million tons of cargo moving through the Port. This represents an 8.1% increase over last year’s performance of 1.48 million cargo tons. The previous cargo record was set in FY2015 with 1…
Peel Ports and offshore services firm ASCO have joined forces in a long-term strategic partnership aimed at supporting the energy sector in Great Yarmouth and promoting future sustainability for the port.By working in collaboration, the two…
Sir Richard Branson has stepped down from his role as chairman of Virgin Hyperloop One, saying the company 'needs a more hands-on chairman.'DP World statement said Branson was stepping down due to the increased commitment of time the position requires…
The Jacksonville Port Authority (Jaxport) served a record number of cruise passengers during the past year, with 199,899 passengers setting sail from Jacksonville. More than 2.4 million passengers have sailed from Jacksonville during 15 years of cruise service at Jaxport…