Calgary-based natural gas, electrical and real estate giant ATCO is getting into the transportation business after buying a 40-per-cent stake in a South American port operator Neltume Ports for about CAD$450 million (USD$340 million).Neltume Ports…
The offshore converter platform, BorWin gamma, has now safely set sail from Dubai and begun its journey to its offshore site in the German part of the North Sea.Through the Gulf of Oman, the 18,000 ton ‘topside’ will pass into the Red Sea before…
Seven ports have now elevated the Paris Agreement Climate Goal to the top of their agendas to keep global warming well below 2°C.With their World Ports Climate Action Program announced, the port authorities of Hamburg, Barcelona, Antwerp, Los Angeles…
40 years ago, on September 13th, 1978, Jacques R. Saadé launched the first maritime line between Marseilles and Beirut, with only one ship and 4 employees. The day marked the beginning of an extraordinary humane and entrepreneurial adventure…
Honolulu-based ocean carrier Pasha Hawaii resumed operations last night at Pier 1 and Pier 51 at Honolulu Harbor, after receiving an all clear from the U.S. Coast Guard and Hawaii Department of Transportation Harbors, following the passage of…
BT has announced the completion of an innovative, secure and resilient wireless backbone network on behalf of DP World Antwerp for its Antwerp Gateway in Belgium, one of Europe’s busiest container terminals.The solution is a vital part of DP World’s digital transformation of the terminal…
Peak season is off to a record start at the Port of Oakland. The Port said that it handled the equivalent of 85,166 loaded 20-ft. import containers last month. It was the busiest August in the Port’s 91-year history.The Port’s record performance signaled a strong start to the peak shipping season…
Sales of marine fuels in Singapore fell to a two-month low in August as fewer ships called for refueling at the world's largest bunkering hub, officialdata showed on Thursday.Marine fuel sales last month declined 9.2 percent from a year earlier and 1…
Preparations underway all along the Eastern Seaboard. As Hurricane Florence threatens a wide swath of the U.S. East Coast, the U.S. Navy and Coast Guard are taking no chances as the dangerous storm advances westward. As that happens, most Navy ships are departing ports in Virginia…
Norwegian offshore vessel owner Solstad Farstad has been awarded contact for two of its vessels by French oil major Total Total E&P South Africa.'Total has awarded Solstad a contract for one Large Anchor Handling Vessel (AHTS) Normand Ranger (2010…
Russia’s natural gas producer and the operator of the giant Yamal LNG export project Novatek, has signed an agreement of intent with Russian state nuclear firm Rosatom to establish a joint venture (JV).The JV plans to establish a long-term partnership to jointly develop…
Teekay Tankers announced that it has completed and closed the previously-announced sale-leaseback transaction for six Aframax tankers, the Whistler Spirit, Blackcomb Spirit, Emerald Spirit, Garibaldi Spirit, Tarbet Spirit and Peak Spirit. The…
Officials from the Italian Port of La Spezia and Contship Italia were in New York City today to discuss new investment in and strategic advantages of this historic port and facilities nestled in the Northwest corner of Italy.The second largest port in Italy…
Sweden's Volvo, the world's second-biggest truck maker, presented a new self-driving electric truck on Wednesday, which it said should help respond to the boom in ecommerce and a shortage of freight drivers.Volvo said the truck, which does not have a driver's cab…
Shipping, logistics and marine services provider GAC UK has appointed four General Managers to strengthen its core services and commercial focus.“Each of the General Managers brings a wealth of experience to their respective role,” said Herman Jorgensen…
