Port of Soma Welcomes New Coal Carrier
On July 30, a ceremony was held at the port of Soma in Fukushima prefecture to commemorate the arrival of a new coal carrier, Shinchi Maru. This vessel was delivered…
Strike Call Lifted on Panama Canal Expansion Work
The Panama Canal Authority (ACP) expressed its satisfaction after the main contractor for the Third Set of Locks Project, Grupo Unidos por el Canal (GUPC), and the…
Shell Readies to Drill in Arctic, Seeks Modified Permit
Shell has informed the U.S. Bureau of Safety and Environmental Enforcement (BSEE) that it is set to restart its controversial hunt for Arctic oil, three years after…
APMT Purchases Italian Reefer Terminal Vado Ligure
APM Terminals (APMT) has purchased Vado Ligure Reefer Terminal in North-Western Italy, near Genoa, from the GF Group. Reefer Terminal has been the largest refrigerated…
Special Economic Zone Around New Suez Canal
Egyptian President Abdel Fattah el-Sisi issued a decree establishing an economic zone for Egypt’s Suez Canal, reports Reuters. The decree establishes a 460-square…
Forth Ports Invests in Grangemouth Refrigeration Containers
As part of the move to boost for importers and exporters of fresh produce using Scotland’s largest container terminal , the port of Grangemouth is to receive investment from its owners…
Avondale Shipyard for Sale
Local media quote Huntington Ingalls Industries (HII) as announcing this week the Avondale Shipyard, just upriver from New Orleans, is being sold. The historic…
Daewoo Shipyard to Sell Assets
South Korea's No. 2 shipbuilder Daewoo Shipbuilding & Marine Engineering Co., will push for restructuring moves, including asset sales and a reduction in the number of executives…
GAIL Tenders for LNG Cargoes
GAIL (India) Limited has launched two tenders for up to 17 cargoes of liquefied natural gas (LNG) for delivery in western India reports Reuters quoting trade sources.
Singapore Transport Minister Resigns
Singapore’s transport minister Lui Tuck Yew, a familiar face among the country’s shipping industry, will step down from politics. Lui, former chief executive of the Maritime and Port Authority (MPA)…
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