Japanese shipping giant Nippon Yusen Kabushiki Kaisha (NYK) Group has provided support to a project being conducted by maritime volunteers in the town of Pembroke, which is south of Wales, to return ginkgo saplings linked to Admiral Togo, one of Japan’s greatest naval heroes…
China’s largest offshore oil and gas producer China National Offshore Oil Corporation (CNOOC) and Chinese state-owned shipping and logistics giant China Ocean Shipping Company (COSCO) signed a strategic cooperation framework agreement.Capt. Xu Lirong…
Korea Shipbuilding & Offshore Engineering (KOSE), a manufacturer of oil tankers, cargo and passenger vessels, and warships, and Saudi Arabian Oil Company (Saudi Aramco) plans to set up a joint venture to build engines.According to South Korea’s…
The St. Louis Regional Freightway has compiled a summary of the major developments over the past year that either elevated the St. Louis region’s global status as a world-class freight hub or will help to advance the region’s position as the country’s freight nexus in the year ahead…
Thailand-based Electricity Generating Public Company Limited (EGCO Group), has acquired a 25% ownership interest in Yunlin Holding GmbH, the developer of the 640MW Yunlin offshore wind farm project in Taiwan.The electric utility holding company…
The Recycling of Ships Bill 2019 for safe and environmentally sound recycling of ships in India has become an Act after receiving the assent of President of India.The government of India decided to bring this Act to provide for the regulation…
A direct Chabahar-Muscat ferry line between Iran and Oman is planned to resume operation within a month, said Iran's official news agency.Ferries with the capacity of transporting 240 people and 40 vehicles will operate between Iran’s Chabahar…
The International Maritime Organization (IMO), Thailand’s Ministry of Transport and the United Nations Economic and Social Commission for Asia (UNESCAP) have recently organized the second regional Knowledge Partnership Workshop in Asia in Bangkok…
Credit Suisse Energy Infrastructure Partners (CSEIP) acquired 25% stake in the Arkona offshore wind farm (OWF) from Norwegian energy company Equinor.Watson Farley & Williams (WFW) has advised CSEIP on the EUR 340 million financing of the acquisition…
Kalmar, the provider of cargo-handling solutions and equipments to ports and terminals, has concluded an agreement to supply a suite of yard crane and mobile equipment to ARISE Mauritania for Nouakchott container terminal.The agreement includes…
The Port of Antwerp has seen significant growth for the seventh year in a row, with freight volume up 1.3% to 238 million tonnes. Although some segments are under pressure, the port says it is making progress both economically and in sustainability and mobility…
Japanese shipping giant Mitsui O.S.K. Lines has signed its first green loan, which it plans to use to partially finance the construction of the world's largest liquefied natural gas bunkering vessel (LNGBV).The 18,600 cubic meters (cbm) LNGBV for Total will be owned and operated by MOL…
Hawaii Congressman Ed Case has introduced three bills in Congress to reform Merchant Marine Act of 1920 (commonly referred to as the Jones Act), which he states “artificially inflates the cost of shipping goods to Hawaii”.Case’s three measures…
As tourism increases so will the demand for trained, licensed employees and sea pilots navigating the Inside Passage and a new University of Alaska Southeast (UAS) scholarship endowment was inspired to do just that.The Captain Michael A. Clinkscales…
On December 10, MarCoPay Inc. has obtained a certificate of registration from Bangko Sentral ng Pilipinas (BSP), the central bank of the Philippines, allowing the company to operate as an electronic money issuer.In July 2019, NYK and Philippine…
