China Launches World's Largest Bulk Carrier
China launched world's largest bulk carrier 'Ore Tianjin' in the port city Qingdao, east China's Shandong Province, reported China Daily. The mammoth ore ship, built…
South Korea to Build World's Largest LNG-Fueled Ship
In an effort to go green amid looming strict emission rules, South Korea will launch a pilot program to build the world's largest vessel powered by liquefied natural gas (LNG), reports Yonhap.
Iran, Kazakhstan to Establish Joint Shipping Company
Iran and Kazakhstan established a joint shipping company to boost trade, said the managing director of the Islamic Republic of Iran Shipping Lines (IRISL). Mohammad…
Cochin Shipyard Spreads its Wings
After successfully completing its initial public offer (IPO) recently, India's Cochin Shipyard Ltd (CSL) has lined up expansion projects. The IPO's proceeds will be utilised to fund these expansions.
India's Essar Plans Four LNG Terminals
Ruias-owned Essar Ports Ltd is exploring the possibility of setting up four Liquefied Natural Gas (LNG) terminals in joint ventures with other companies, reported Economic Times.
Total, Chevron Team up in Gulf of Mexico Oil Exploration
Total announced that its subsidiary, TOTAL E&P USA, INC., has entered into an agreement to capture seven prospects operated by CHEVRON U.S.A. INC. in the deepwater Gulf of Mexico.
PPP Investment in Port Tampa Bay
Port Tampa Bay approved a public-private partnership (PPP) agreement with four other entities to divvy up who will pay for a $60 million widening and extension of the Big Bend Channel.
Operations Begin at New Fujairah Port
Abu Dhabi celebrated the official commencement of operations of Fujairah Terminals in the East coast of the United Arab Emirates. The announcement came following…