Monthly Archives: December 2017

DP World has completed the acquisition of an additional 66.67% stake in Empresa Brasileira de Terminais Portuários (Embraport) in Brazil from Odebrecht Transport (OTP). This transaction increases DP World’s shareholding to 100% and the terminal will be rebranded to DP World Santos.

Mitsui O.S.K. Lines and its wholly-owned consolidated subsidiary MOL Information Systems, (MOLIS) to start multi-dimensional analysis of the causes for incidents and problems on its operated vessels, using IBM's statistical analysis software, "IBM SPSS...

ABS, a leading provider of classification and technical services to the marine and offshore industries, announced three key senior management appointments as part of the organization’s digital class strategy. “As our markets are increasingly shaped by digital technology…

A global network of centres of excellence in marine technology was officially launched on Monday (4 December) at the headquarters of the International Maritime Organization (IMO). The Directors of five regional Maritime Technology Cooperation…

The technology group Wärtsilä is introducing its Voyage Emissions Reduction (VER) system as a means for increasing oil tanker revenues, while also significantly aiding the environment through reduced emissions. The system effectively eliminates…

Indian Navy's search and rescue operations continued for the third day over Southeast Arabian Sea and Lakshadweep and Minicoy islands in the aftermath of Very Severe Cyclonic Storm 'OCKHI'. The ships deployed by the Southern Naval Command include IN Ships Sagardhwani…

The maritime capacity of the Solomon Islands is to be strengthened through a new capacity-building partnership signed between Belgium, the Solomon Islands and International Maritime Organization (IMO). Under a Memorandum of Understanding (MoU) signed at IMO Headquarters (30 November)…

International law firm Watson Farley & Williams (WFW) advised three leading Italian shipowners -Rimorchiatori Mediterranei, Gesmar and Fratelli Neri – on their partnership agreement with Thessaloniki-based Greek maritime operator Gigilinis Shipping Group. The deal closed on 29 November.

Hapag-Lloyd and Kuehne + Nagel have committed themselves to significantly reduce carbon dioxide emissions in their common container-transport activities. "Companies aim to jointly develop long-term solutions for container transport - Hapag-Lloyd…