Nicaragua Atlantic-to-Pacific Canal: Big Chinese Money?
In Nicaragua, a Chinese company is busy building what will become one of the world’s largest transoceanic canals. One of the largest engineering projects in history…
Daewoo Shipbuilding Bags Order for LNG Carrier
Daewoo Shipbuilding & Marine Engineering, the world’s second-largest shipbuilder, signed a $100 million contract to build an LNG carrier. It has now signed five deals this year…
LR2 Product Tanker Joins Scorpio Tankers' Fleet
Scorpio Tankers Inc. today took delivery of STI Alexis, an LR2 product tanker from Daehan Shipbuilding Co. Ltd. This vessel will begin a voyage for 52 days at approximately $33,500 per day.
New Terminal in Greenwich for Huge Cruise Ships
Large cruise ships could become a familiar sight on the Thames if plans for a new passenger terminal in Greenwich move forward. London could soon become a popular…
India: East Coast to Have 8 Container Stations
Container Corporation of India (Concor) is planning to establish eight container freight stations (CFSs) on India's east coast, reports Ecomonic Times. State-owned…
Orbit to Supply VSAT Systems to Asian Navy
ORBIT Communication Systems Ltd., a provider of mission-critical communication solutions for land, sea and air platforms, has received an order to supply its new…
Kalmar New Reachstacker to Boost Performance
Kalmar, part of Cargotec, has announced the launch of its new Gloria reachstacker specifically designed for empty and semi-laden container handling. With the ability to handle all types of containers…
General Dynamics Helps Boost USN Network Capacity
General Dynamics’ four-channel Digital Modular Radios (DMR) are being upgraded with high-frequency dynamic routing (HFDR) software to turn the radio’s four channels into eight virtual channels.
Gujarat Pipavav Port Profit Jumps 16%
Gujarat Pipavav Port Ltd. (APM Terminals Pipavav), operating one of western India’s fastest growing gateway ports, today reported a 16% jump in net profit for the…
SENER’s FORAN System is 50
The FORAN System celebrates half a century in 2015. With 50 years of active service, FORAN is the longest standing CAD/CAM/CAE software on the market and a technological…
Holland America Line $4.3 mi Aid to fight Cancer
In honor of World Cancer Day, Holland America Line announced that to date, the guests and employees of the company have raised more than $4.3 million for cancer…
Euronav’s $235m Maersk Venture
Euronav NV announces today that following the closing of its Initial Public Offering (“IPO”) of its ordinary shares on NYSE, the Company will repay the USD 235.5…
DP World's Volume Up 8.9%
DP World Limited handled 60 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals during 2014, with gross container volumes…
