Antwerp Port Authority and FPIM (Federal Participation & Investment Company) are to jointly acquire a stake in NxtPort, the digital data platform for the port community. The contribution by the new partners (Port Authority 75%, FPIM 25%) takes the form of capital plus a subordinated loan…
Austal’s latest contract announcement for two 117 metre high speed vehicle passenger ferries, for Fred Olsen SA, not only sends a strong signal to the international market that ‘fast ferries are back’, but confirms Austal’s proven trimaran…
In Orient Overseas (International) Ltd (OOCL)’s series of six ‘G Class’ containerships on order at the Samsung Heavy Industry (SHI) shipyard, we are pleased to introduce the newest and fifth 21,413 TEU containership, named the OOCL Scandinavia…
Gulf Marine Services (GMS), the leading provider of advanced self-propelled self-elevating support vessels (SESVs) serving the offshore oil, gas and renewable energy sectors, is looking at acquisitions due to opportunities in the market, reported Gulf News…
Bob Page is the sailing Englishman who loves Sweden. Now he is ready for his final major assignment: To ensure that the container terminal at the Stockholm Norvik Port becomes exactly as good as everyone anticipates. In the 1990s Robert “Bob” Page worked with logistics for Volvo in Gothenburg…
The members of the Smart Port steering committee collectively approved a first series of projects that will take advantage of the digital transition to affirm and consolidate the port-based vocation of the Aix-Marseille-Provence urban area…
APM Terminals Quetzal is transforming Guatemala’s port sector by offering the highest productivity port operations in the country. In less than a year of operations, four new vessel strings have been added to offer the country’s import/export industries more connections to overseas markets…
A world class Center of Excellence in Maritime and Ship Building (CEMS) is being set up by Ministry of Shipping in collaboration with Siemens and Indian Register of Shipping (IRS) under the Ministry’s flagship Sagarmala Program. CEMS will have campuses at Vishakhapatnam and Mumbai…
The Saudi-led military coalition fighting against the Houthi movement in Yemen said on Wednesday it would allow aid access through the port of Hodeidah and United Nations flights to Sanaa airport.The coalition closed all air, land and sea…
Wallem Commercial Services said two new Supramax vessels have been added to its commercially-managed fleet. Nitin Mathur, Managing Director of Wallem Group Singapore, said the two new vessels bring the total number of ships under Wallem’s current commercial management to 20.
Cosco Energy Transportation has entered into the Agreements with Dalian Shipbuilding Industry Company Limited for the construction of the Very Large Crude Carriers (VLCCs) and the Suezmaxs. The total consideration for the construction of the VLCCs and the Suezmaxs is RMB 3…
A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Maarten Wetselaar, Member of the Executive Committee of Royal Dutch Shell, took place in St. Petersburg. The meeting addressed relevant aspects of strategic cooperation…
To maintain and expand its container fleet, Hapag-Lloyd, a global container line, has purchased 3,700 Star Cool Integrated containers as part of their recent reefer investments from Maersk Container Industry (MCI). Of these, 1,000 Star…
Greece-based Diana Shipping inc. on Tuesday reported a loss of $24.5 million in its third quarter of of 2017. Its net loss attributed to common stockholders was $25.9 million. This compares to a net loss of $78.3 million and net loss attributed to common stockholders of $79…
France will modify regulations on the natural gas to allow liquefied natural gas (LNG) bunkering to take place at ports, Reuters reported quoting Prime Minister Edouard Philippe. He said the country will consider changing fiscal rules on amortising investments in new ships or engine technology…
