After starting a new waterway container service between Dunkirk and Valenciennes in May this year, Nord Ports Shuttle (NPS) is gearing up for a significant increase in its transport capacity on the Dunkirk to Dourges line.This initiative is…
Port of Corpus Christi successfully priced and sold $216.2 million of Senior Lien Revenue Bonds. These bonds will be used for both the deepening and widening of the Corpus Christi Ship Channel as well as upcoming capital projects within the Port…
Because of the ongoing period of drought, and on the advice of the National Water Coordination Committee, the Directorate-General for Public Works and Water Management has switched to the so called KWA scenario (‘Klimaatbestendige Wateraanvoer’)…
Da Nang Port Joint Stock Company (DNPJSC) has started the second stage of Tien Sa port after two years of construction, bringing its total capacity to 12 million tonnes of cargo per year.The national radio broadcaster Voice of Vietnam quoted…
Shanghai NYK-ANJI Logistics - a joint venture operated by Nippon Yusen Kabushiki Kaisha (NYK), Yusen Logistics and ANJI Automotive Logistics (ANJI) - has begun service under a new name.NYK and Yusen Logistics will use this collaboration to begin efforts to expand their supply chain logistics…
The state-run Korea Ocean Business Corporation (KOBC) said it will offer support to 10 small and medium shipping lines as part of its effort to revive the country's maritime transportation sector.According to a report in Yonhap, KOBC selected…
The Hong Kong-based maritime transport company Pacific Basin Shipping, has announced unaudited interim net profit of US$30.8 million (HK$241.74 million), compared with a net loss of US$12 million last year.The international dry bulk shipping company declared an interim dividend of HK$2…
Wison Offshore & Marine and Western LNG signed a technical service agreement (TSA) for the new floating liquefied natural gas (LNG) project that Western is developing in British Columbia, Canada.Pursuant to the TSA, Wison will develop the basis…
Oil and gas equipment supplier Baker Technology on Thursday made a mandatory unconditional cash offer for all the shares in CH Offshore, a vessel chartering firm.'BT Investment (BTI), a direct wholly-owned subsidiary Baker Technology, has announced…
French liquefied natural gas containment system specialist Gaztransport & Technigaz (GTT), on the back of liquefied natural gas (LNG) market growth, reported 12% growth in revenues linked to royalties for the first half of 2018.Growth in LNG…
Fuel oil technology firm Quadrise Fuels International said it had signed a non-binding memorandum of understanding with commodities trader Freepoint Commodities to provide commercial opportunities for its MSAR fuel technology product.The Synthetic…
Evergas announced that the first 85.000cbm very large ethane carrier (VLEC) was successfully undocked in China and will be delivered in the first quarter of 2019.Following the successful undocking of the first VLEC, the steel cutting of the…
For the second quarter ended 30th June 2018, total volumes were 4.6% up from the same period last year said Orient Overseas (International) Limited. Total revenues increased by 4.0% to US Dollars 1,462.4 million.Loadable capacity increased by 4…
In a continued effort to provide our customers with reliable and efficient service, CMA CGM Group will upgrade its service offering connection India and Middle East to East Africa., said press release from the company.Starting 17th August 2018…
The government of India has identified 243 projects at a total cost USD 21 billion have been identified for enhancing the infrastructure at Indian ports upto 2035, under Sagarmala Program.Out of these 44 projects (USD 1.25 bln) have been completed…
