Greece-based GasLog Partners LP has reached an agreement to buy 100% of the shares in the entity that owns and charters the liquefied natural gas (LNG) tanker GasLog Greece from GasLog Ltd. The aggregate purchase price for the Acquisition will be $219 million…
Broward County's Port Everglades has negotiated a Memorandum of Understanding (MOU) that provides the framework for a new long-term business agreement with Royal Caribbean Cruises, Ltd. (RCL) that will include complete, customized renovations…
UK Chamber CEO Guy Platten has responded to the publication of the Department for Transport Seafarer Projections Review by calling on government to back its SMarT Plus proposal. The Department for Transport has this week published a study…
According to figures published this morning by the National Statistics Office (NSO), 2016 was yet another record year for cruiseline passengers visiting Malta. A total of 682,222 passenger movements were recorded, meaning an increase of 2% on 2015…
At an event commemorating the 1,000th rubber-tired gantry crane produced by Konecranes, the Georgia Ports Authority announced the completion of the latest phase of its electric RTG infrastructure. 'We're excited to expand on our eRTG program…
Maritime Agenda 2010-20 has inter-alia set a target to increase percentage share of India to 5% in global ship building and 10% share in global ship repair for India by 2020. The Government of India had earlier extended shipbuilding subsidy scheme to all Indian shipyards on 25th October 2002…
Fitch Ratings, one of the top three U.S. credit analysis agencies, has affirmed the Port of Long Beach’s “AA” rating on its outstanding debt.Fitch stated the AA rating — its highest for U.S. ports — was warranted due to the Port’s strong market position…
50 years after the beginning of modern container shipping in Germany, international trade is handled by 6,397 containerships, with a capacity of 21.1 million TEU. Hapag-Lloyd’s container fleet numbers among the largest in the industry. The revolution reached Germany 50 years ago…
Genting Hong Kong, announced the completion of the acquisition of Nordic Yards’ three shipyards in Wismar, Warnemunde and Stralsund, Germany for the consideration of 230.6 million Euros. The deal will give Genting Hong Kong the core expertise…
The Australian Federal Police (AFP) will investigate the leak of classified documents about the timeframe for building Australia's new fleet of submarines. The Prime Minister Malcolm Turnbull ordered the investigation. A report in The…
In 2015 around 295,000 TEU – 20-ft standard containers – were transported between the Port of Hamburg and intermodal terminals in Austria by environmentally-friendly rail. That represents a 9.3 percent gain, setting a new record for Hamburg’s seaport-hinterland services with Austria…
Dometic Group promoted Ned Trigg to Executive Vice President of Dometic’s Marine division. In his new role, Trigg will be the business leader for the Marine OEM and Aftermarket divisions for the Americas region. This includes sales, application engineering…
Marine equipment manufacturer Dometic Marine appointed Gustaf Hamrén to manage expanding sales for OEM and aftermarket products in Turkey.Effective from July 1 2015, Key Account Manager Hamrén is now handling the company’s OE product portfolio in the country…
The port commissions of Seattle and Tacoma voted unanimously to form the Northwest Seaport Alliance, unifying the longtime rivals’ marine cargo divisions. The alliance aimed at helping the former rivals stave off growing competition, and regain market share…
Dometic Marine announced today that Ben Haynes has been promoted to Dometic Director of OEM Sales for Commercial Marine.Haynes, who will oversee commercial, military and custom boat projects in North and South America involving Dometic equipment…
