Maritime & Logistics Market

Euroports Presents Detailed Plan to Turn Finnish Port into Next-Gen Industrial Hub for Offshore Wind

Euroports has presented advanced plans for Koverhar, a large-scale offshore wind industrial hub in Finland, designed to support the growing demand for supply chain...

NYK merges three dry bulk shipping companies

Japanese shipowner has brought together shipowning, ship management and maritime transport for its dry bulk business NYK Bulkship Partners (NBSP) was founded today, 1 April,...

South Korean shipyard holds naming ceremony for US player’s new FSRU

Excelerate Energy, a U.S.-based liquefied natural gas (LNG) and power infrastructure company headquartered in Texas, has named its newbuild floating storage regasification unit (FSRU)...

Former President of Nigeria advocate deep seaport Development

former Nigerian President, Dr Goodluck Jonathan, and former Board of Trustees Chairman of the Nigerian Ports Authority, Bode George, among other stakeholders, have called...

Malta opens call to probe renewable energy import from North Africa

Malta’s fully government-owned company Interconnect Malta (ICM) has launched a preliminary market consultation (PMC) to gather information from the market on the feasibility of...

ONE buying 30% stake in Hutchison terminals in Laem Chabang

Ocean Network Express continues its port expansion with a stake in the largest terminal operator in Thailand’s biggest port Singapore-headquartered Ocean Network Express (ONE) has...

Possible Houthi blockade of Bab al-Mandeb a new threat to sea trade

Weekend attacks on Israel by Houthi rebels and the possible closure of the Bab al-Mandeb Strait could prevent Red Sea transits entirely. The Strait of...

Mitsui greenlights $40 million investment in Port of Nigg

An investment of over GBP 30 million (around $40 million) in new facilities that will support offshore wind construction at the Port of Nigg...

Two Kuwaiti ports damaged in drone and missile attacks

No casualties reported in attacks on Shuwaikh port and Mubarak Al Kabeer PortAuthorities in Kuwait have reported multiple attacks on the nation’s port infrastructure...

DP World Jeddah boosts Red Sea capacity with new cranes

DP World has added three new semi-automated quay cranes at its terminal in Jeddah Islamic Port, expanding capacity and strengthening its ability to handle...

Minister of marine and blue Economy seeks EU’s collaboration to tackle maritime crimes

The Minister of Marine and Blue Economy, Dr. Adegboyega Oyetola, has called for deeper collaboration with the European Union (EU) to address emerging maritime...

ONE acquires stake in Korean automated container terminal

Ocean Network Express (ONE) has inked a long-term partnership agreement with Korea’s Dongwon Group.The agreement sees ONE acquiring what it describes as an “indirect...

Nigeria secures £746m UK financing to upgrade Lagos ports

The United Kingdom has agreed to finance a £746 million upgrade of Nigeria’s Apapa and Tincan Island ports, Adegboyega Oyetola, the minister of marine...

Fully certified Reach Remote USV to inspect Gassco’s subsea pipelines

Norway’s Reach Subsea has won a contract to perform an external inspection of a large part of the subsea pipeline portfolio of Norwegian state-owned...

Corpus Christi becomes second-largest US LNG export project thanks to export expansion approval

The U.S. Energy Department has approved a 12% expansion in exports at Cheniere Energy’s Corpus Christi liquefied natural gas (LNG) terminal, located on the...

Seatrium profits doubles, plans further divestments

Singapore shipyard group Seatrium reported a 106% increase in net profit to SGD323.6 million ($256.25 million) up from SGD158.6 million a year earlier. Revenues for...

First offshore vessel to operate on ammonia coming this autumn

Norwegian offshore vessel owner Eidesvik Offshore has tasked Halsnøy Dokk with the conversion of the platform supply vessel (PSV) Viking Energy to ammonia-powered operations. The...

N-Sea’s new cable layer arrives in the Netherlands for final outfitting

  The hull of the dual-fuel cable installation and repair vessel destined for N-Sea Group has arrived from Poland at Neptune Marine’s yard in the...

Seatrium continues its divestment series

Singapore-based offshore, marine, and energy solutions provider Seatrium is undertaking a series of additional divestments as part of its ongoing efforts to rationalize non-core...

Tidewater’s fleet to grow to 231 units following acquisition of Brazil’s Wilson Sons

U.S. offshore vessel operator Tidewater is set to see an increase in its global vessel fleet size to 231 units thanks to the acquisition of Brazilian...

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