Iranian logistics and shipping firm Nasim Bahr Kish has submitted a formal bid to acquire full ownership of Russia’s Astrakhan port, including a 25% stake currently held by the Russian state. The proposed RBL437.5m ($5.6m) […]
AsiaPorts and Logistics Mitsui E&S Mitsui E&S Mitsui E&S has been selected for a subsidy from Japan’s New Energy and Industrial Technology Development Organization (NEDO) to accelerate development of a hydrogen refuelling system tailored for […]
Capital Gas Greek shipowner Evangelos Marinakis, through his Capital Group, has placed a fresh order for four LNG carriers with South Korea’s HD Hyundai Samho Heavy Industries. The deal, worth around $1.03bn, involves 174,000 cu […]
HMM South Korean carrier HMM has submitted a letter of intent to expand its terminal in Algeciras, Spain. The plan, lodged with the Algeciras Port Authority, outlines an €150m ($177m) expansion project. HMM itself will […]
FuelTrust Pierre Aury discusses all things nuclear shipping. The first wind-powered boats were sailing more than 5,000 years ago. Wind propulsion reached a golden age of sail in the mid-19th century, and the last commercial […]
BHP has signed five-year charter contracts with COSCO Shipping Bulk for two ammonia dual-fuelled newcastlemax bulk carriers. The two 210,000 dwt vessels, expected to be delivered from 2028, will primarily transport iron ore from Western […]
TS Lines Taiwan’s TS Lines has bolstered its newbuilding programme through a new deal with a Chinese shipyard, Huangpu Wenchong Shipbuilding The intra-Asia focused carrier has commissioned five firm and five optional 5,000 teu vessels, […]
AfricaOperations X.com X.com Four crew members died after a jackup barge owned by Saudi oil and gas driller ADES capsized on Tuesday evening, some 300 km south of the Suez Canal. Egyptian authorities said that […]
EuropeOffshore PGS PGS Oslo-listed seismic data specialist TGS has won a contract for offshore wind site characterisation, including acquisition, imaging, and interpretation services offshore Norway. The vessel Ramform Vanguard will start acquisition in early July, […]
AsiaOffshore Yinson Production Yinson Production Singapore-based floater owner and operator Yinson Production has announced a successful placement of $1.168bn in senior secured notes issued by Yinson Bergenia Production, the owner of the FPSO Maria Quitéria. […]
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