LR Bags Support Deal for Mozambique FLNG Project
UK-based maritime classification society Lloyd's Register (LR) has received a support contract for the Coral South FLNG project in Mozambique. The company's scope of work covers design, procurement,...
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Pacific Basin Closes USD 325 Mn Financing Deal
Hong Kong-based dry bulk shipping company Pacific Basin has closed a USD 325 million 7-year reducing revolving credit facility secured over 50 of the company's owned ships. The company informed that...
View ArticleGolar LNG Gets USD 200 Mn from Hilli Episeyo Financing
Owner and operator of LNG carriers Golar LNG has secured USD 200 million in additional liquidity as part of a debt financing deal related to the Hilli Episeyo. Namely, the company has repaid the USD...
View ArticleHamburg and Rotterdam Realize Port Data Sharing Benefits
The Port of Hamburg has reported that it will share data through the HVCC Hamburg Vessel Coordination Center and the Rotterdam Port Authority. Both ports will exchange relevant data through a digital...
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CMA CGM Buys Baltic-Focused Shortsea Operator
Number-three container carrier CMA CGM has bought Finnish shortsea container and logistics business Containerships, along with the other holdings of its parent company, Container Finance Ltd. Oy. When...
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Jan De Nul gets recognition for sustainable entrepreneurship
Environmental subsidiary Envisan receives Charter Sustainable Entrepreneurship from Flanders' Chamber of Commerce 20 June 2018 - This evening, Envisan, environmental subsidiary of Jan De Nul Group,...
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Autonomous Navigation Passes Tough Test
An autonomous ship model has been successfully tested in Aker Arctic's ice model test laboratory in Helsinki, Finland, showing that on-board technology can both detect and evade obstacles. The tests...
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Bolivia, Brazil, Paraguay, Peru agree framework for “bi-oceanic railway”
The governments of Bolivia, Brazil, Paraguay, and Peru met in the Peruvian capital Lima Friday (15 June) to agree on how to promote the construction of a railway across the South American continent. A...
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Shipping Associations Try to Soften IMO Sulphur Cap Blow
The shipping industry's international trade associations of BIMCO, ICS, INTERCARGO, INTERTANKO and WSC have called on the member states of the International Maritime Organization (IMO) to make progress...
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In Depth: Dutch Shipyards Are Looking to the Future
Shipyards are the backbone of the Dutch maritime cluster. For centuries, these shipyards have been a breeding ground for innovation. From the 18th-century cargo ships that sailed the seven seas, to the...
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FEPORT and PEMA Start Industry 4.0 Committee
The Federation of European Private Port Companies and Terminals (FEPORT), the organization that represents the interests of a large variety of EU terminal operators and stevedoring companies, has...
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Rotterdam Tests Green Energy for Maasvlakte and Offshore
The Port of Rotterdam has advanced its plans to make the port the most sustainable and innovative port in the world by testing an EnergyPod, a container to generate, store and convert solar and wind...
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Port of Djibouti as a Future African Trading Gateway
At the present time, a group of African governments assisted by China are planning future trans-African transportation corridors. Should some of these plans come to fruition many years into the future,...
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Liebherr enlarges reachstacker portfolio
Liebherr introduce two new reachstacker models at TOC Europe Powerful Liebherr reachstacker lifts 35 tonnes in the second container row New Log Handler with impressive grapple capacity Innovative...
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ONE Receives First New 14,000 TEU Magenta Ship
Ocean Network Express (ONE) has announced that it has received ONE Stork, the company's first magenta-coloured new building containership with a carrying capacity of 14,000 TEU, at Kure Shipyard of...
View ArticleFirst LNG Bunkering Carried Out at Valencia Port for Baleària Ferry
The Port of Valencia has taken a step further in its effort to reduce emissions as the first LNG bunkering was completed for Baleària's ferry at the port on June 9. Abel Matutes was bunkered with LNG...
View ArticleLessons to be Learned from the ScanDutch Alliance
The container shipping alliance Ocean Network Express (ONE) was recently hailed as the first time that three container shipping companies, in this case NYK, MOL and "K" Line, have come together on...
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Okskaya Sudoverf Launches Belmax 3, Third Non-Self-Propelled Barge Of Project...
A launching ceremony for third vessel of a series of Project ROB non-self-propelled barges was held June 7, 2018 at Okskaya Sudoverf Shipyard (part of UCL Holding). The ship named Belmax 3 is being...
View ArticleNew insights into China’s Maritime Silk Road
It is a concept which could boost global seaborne trade by assisting economic progress in many countries. China's 21st Century Maritime Silk Road has attracted great interest internationally,...
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Jordan Terminal Set to Become Iraq’s Main Gateway
New pre-arrival clearance protocols and reduce terminal handling charges for containers have made Jordan's deep-water Aqaba Container Terminal (ACT) on the Red Sea a strong contender as an alternative...
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