NORDEN enters Capesize segment | Hellenic Shipping News Worldwide
In line with our 2023-2025 strategy to capitalise on the most attractive opportunities in the market, we have acquired four Capesize vessels in two separate transactions this month to improve…
CMA CGM lodges bid to run Lebanon’s postal services
CMA CGM French liner CMA CGM, via subsidiary Colis PrivĂ©, is the only company to have lodged a bid to take over Lebanon’s postal services. Lebanon’s caretaker minister of telecommunications…
Konecranes’ new Zero4 program to receive EUR 70 million from Business Finland to unlock industrial productivity
Konecranes today launched its new Zero4 research and innovation program to improve the industrial productivity and competitiveness of Finnish companies. Business Finland has granted EUR 70 million to Zero4, part…
Spot market steady; more April tenders underway
Asia’s spot fuel oil market was little changed on Thursday, while more tenders for April were in progress, trade sources said. Kuwait’s KPC sought 80,000 tonnes of high sulphur fuel…
US Navy Donates its Last Two Cyclone-Class Patrol Ships to Philippines
USS Monsoon and USS Chinook were decommissioned Tuesday at Manama, Bahrain (USN) Published Mar 31, 2023 1:30 AM by OOLP The U.S. Navy has plans to donate its last two…
Marinakis in for LNG carrier duo
Capital Gas Capital Gas has been revealed as the owner behind an order for two liquefied natural gas carriers at Hyundai Samho Heavy Industries. Korea Shipbuilding & Offshore Engineering (KSOE),…
GSBN signs MoU with SABIC, COSCO SHIPPING, Hutchison Ports and PSA to enable paperless trade
Global Shipping Business Network (GSBN), an independent not-for-profit technology consortium building a trusted platform designed to redefine global trade, shipper Saudi Basic Industries Corporation (SABIC), carrier COSCO SHIPPING Lines (COSCO…
Thermal coal imports pick up in most Asian buyers as prices moderate
Cheaper prices and rising energy demand are boosting seaborne imports of thermal coal among most, but not all, of Asia’s major buyers of the fuel used to generate power. The…
Lisbon’s Transtejo Takes Delivery of First All-Electric Ferry
Courtesy Astilleros Gondan Published Mar 30, 2023 8:17 PM by OOLP Lisbon is poised to join the growing list of cities with an all-electric ferry service. Cegonha Branca, the first…
Vietnam: Port operators want container fee raised
Seaport operators want the government to increase its terminal handling charge as they claim they lose billions of dollars annually at the current level, which is lowest in Southeast Asia.…