Wednesday, April 25, 2018

Port of Mobile Receives Fresh Investment for Expansion of Container Facility

The Alabama State Port Authority (ASPA) and APM Terminals boards of directors in separate actions have approved a USD 49.5 million expansion of the...

Port of Antwerp to Manage Port of Cotonou Temporarily

Port of Antwerp International (PAI), the consultancy and investment subsidiary of Antwerp Port Authority, has been appointed by the Council of Ministers of the...

Hapag-Lloyd Votes to Deepen River Elbe

German shipping major Hapag-Lloyd is proposing for more leeway and the deepening of the river Elbe which would enable mega boxships to reach the...

Fjord1 Secures Fresh Loans

Norwegian ferry company Fjord1 ASA has obtained new loans from two banks. The company said it has secured committed NOK 4,458 million (USD 537.28...

BW Catcher FPSO Starts Producing Oil

The first oil from the BW Catcher floating production storage and offloading (FPSO) unit was produced on December 23, 2017, operator of FPSO units...

Algoma in Agreement with American Steamship for Four Vessels

Algoma Central Corporation, a leading provider of marine transportation services, has reached an agreement with American Steamship Company to acquire four vessels. The Company has...

Video: KOTUG to Use Drones for Safer Operations

KOTUG has applied for a patent to use drone technology in its tug operations, in its ambition to achieve safer and more efficient working...

MOL Jointly Develops Voyage Information Display System Using AR Technology

Mitsui O.S.K. Lines, Ltd. announced an agreement with Furuno Electric Co., Ltd. and MOL Techno-Trade, Ltd. to jointly develop a system that supports ship...

Galp Completes First LNG Refuelling at Portuguese Port

Galp completed this week, at the port of Funchal, Madeira, the first ever liquefied natural gas (LNG) vessel refuelling carried out at a Portuguese...

Wärtsilä’s Energy Storage Solution for North Sea Giant Reduces Costs and Emissions

The technology group Wärtsilä has agreed to retrofit the world’s first energy storage solution on board a large offshore supply vessel. The North Sea...