South Korean public natural gas company Korea Gas Corporation (Kogas) and Vietnam-focused development and asset management company Energy Capital Vietnam (ECV) have entered into a memorandum of understanding (MOU) for the development of a privately-funded LNG regasification terminal in Vietnam…
The Panama Canal Authority (ACP) held Tuesday a public hearing on the proposed modifications of its toll structure which culminated the period for receiving inquiries from the industry.The agency of the government of Panama responsible for the…
DP World and Indonesia’s leading conglomerate Maspion Group have signed two preliminary agreements to create a $1.2 billion container port and industrial logistics park in East Java.It is the first joint venture of its kind in the Indonesian…
Albania's largest sea port of Durres handled 11% more goods during January-June this year (H1 2019), than the same period of 2018, said Durres Port Authority (DPA).The DPA Statistics Sector noticed that over the first six months of 2019, more…
Among a string of new eco-friendly initiatives, the Marseille Fos port authority is to spend $22 million over the next six years to extend shoreside electrical connections for berthed vessels to every ferry, cruiseship and repair quay within the Marseille eastern harbor…
Hamburg has announced the works for the adjustment of the fairway have started. With the arrival of the hopper dredger “Scheldt River” the deepening and widening works of the river Elbe have officially kicked off.The port is already megaship…
The West of England, a leading A-rated mutual marine insurer, has announced the appointment of a key strategic hire to support its strategy of expansion in the offshore market.Will Tobin will join the Club in July to head up its offshore business…
FarSounder has announced Richard Minogue as Office & Finance Administrator. He will work closely with the CEO on accounting, corporate contracts, and human resources, in addition to providing administrative support to the FarSounder team.Minogue…
Governor Ralph Northam announced the completion of the Port of Virginia’s $320 million expansion at the Virginia International Gateway container terminal. The Governor was joined by U.S. Maritime Administrator Rear Admiral Mark Buzby, Virginia Secretary of Transportation Shannon Valentine…
The National Shipping Company of Saudi Arabia (Bahri) has posted revenues of SAR3.14 billion ($840million) for the first half of 2019, despite regional difficulties.The Riyadh-based transportation and logistics company reported revenue growth…
Japanese logistics major Mitsui O.S.K. Lines (MOL) announced that it marked the Marine Day holiday on Monday, July 15, by hosting a tour of the car carrier Emerald Ace at Harumi Pier, in cooperation with the Japanese Shipowners' Association (JSA)…
Every day we see more and more news about how the planning for new offshore wind projects continues to expand with the increasing investment from both domestic and foreign interests in these projects. This is resulting in both developers and…
The International Maritime Prize for 2018 will be awarded to Joseph J. Angelo, a former United States Coast Guard (USCG) and International Association of Independent Tanker Owners (INTERTANKO) senior executive who participated in International Maritime Organization (IMO) meetings for many years…
Hiscox, a specialist global insurer, has developed a new security product to help protect shipping targeted by nation states. Malicious Vessel Seizure will respond to a single peril of a ship taken by a foreign government, providing Loss of…
Former Chief of Naval Operations Adm. Gary Roughead was elected as the chairman of the board of directors of Fincantieri Marinette Marine Corporation July 10.Roughead was the 29th Chief of Naval Operations from 2007 - 2011, after holding six operational commands…