Kongsberg Sells KM Contros to AML
Norwegian technology enterprise Kongsberg Maritime (KM) has decided to divest KM Contros GmbH (Contros) to AML Oceanographic Ltd. (AML).Contros has 20 employees…
Virgin Hyperloop to Add $4Bln to S. Arabia
Virgin Hyperloop One (VHO) is anticipated to pile in a potential US$4 billion into Saudi Arabia as it strives to make hyperloop transportation a reality.A 35-kilometer…
PTS to Manage Lake House Boxship Pair
Lake House, a Hong Kong and London based investment company, has appointed PT-Shipmanagement (PTS), a Hamburg based company, to manage two container ships.The two ships have a capacity of 1…
Exmar Reports Strong Earnings for VLCCs
Belgium's Exmar, the Nicolas Savery-led shipowner, reported strong earnings for the very large gas carriers (VLCCs), and midsize gas carriers for the the third quarter of 2019.
MOL Upgrades VR-based Safety Education Tool
Japanese transport company Mitsui O.S.K. Lines (MOL) announced the development of new content for its virtual reality (VR)-based marine safety education program…
OOCL Posts Higher Container Volumes
Hong Kong-based carrier Orient Overseas Container Line (OOCL) said both container volumes and revenue were higher in the third quarter this year than in 2018.The…
Zeebrugge Port Deploy 5G Network
Port of Zeebrugge, Belgium, will have its own private 5G network this year, disclosed the container, bulk cargo, new vehicles and passenger ferry terminal port in…
