MOL Joins Project to Mark Anniversary of Japan, Brazil Treaty
Mitsui O.S.K. Lines, Ltd. today announced that MOL cooperated in the transport of the “Tachinepta” float (*1) Samba Carnival (*2) Components of the float, weighing about 5 tons in all…
ST Engineering Raises Cap In STET
Singapore Technologies Engineering Ltd (ST Engineering) announced today that ST Education & Training Private Limited (“STET”) has increased its issued and paid up capital from S$1m to S$2m.
Israel Rolls Out Port Privatization Program
The Israeli Government will privatize its two main ports, Ashdod and Haifa in 2015 and 2016 respectively. The plans were proposed by the Finance Ministry and have been approved by the Prime Minister.
Maersk Confirms $1.5bn for Ghana Port
The Maersk Group has reaffirmed its commitment to support the expansion of Ghana’s Port of Tema to the tune of US$1.5 billion. The Group Chief Executive Officer…
BEST Set a New Productivity Record
Barcelona Europe South Terminal (BEST) handled the largest containership ever to call at the Port of Barcelona, the 16,600 TEU MSC LONDON and also set a new productivity record.
Turkey Serious about Kanal Istanbul Project
Istanbul Metropolitan Municipality has released the details of the construction and zoning plans for Kanal Istanbul project, which will be built on the European…
India Seize Russian Ship after 11-Hour Chase
In a dramatic nightlong sea-air coordinated chase, the Indian Coast Guard ship interdicted a Russian Federation Flagged Cargo Vessel MV Sevastopol, which was under…
Gerda Maersk Make Maiden Call at Slovenia's Koper
Slovenia's Luka Koper port welcomed its largest container ship to date, as the 367 metre Gerda Maersk moored on Tuesday, just weeks after completing a long-awaited…
Kintetsu Pays $1.2bln for APL Logistics
Japanese freight carrier Kintetsu World Express Inc is buying Singapore's APL Logistics for US$1.2 billion, paying a higher than anticipated price for an overseas…
China's VLCC, PetroChina Seals Crude Shipping Deal
China VLCC, a joint venture between China Merchants Energy Shipping (CMES) and Sinotrans&CSC, has signed a two-year crude shipping contract with Dalian-based West Pacific Petrochemical (Wepec)…
