APM Terminals Poti and Poti New Terminals Consortium signed a Memorandum of Understanding (MOU) for a USD 100 million dollar investment in a new bulk cargo terminal that can process 1.5 million tons of dry bulk cargo annually and generate new…
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Road Map to Boost Singapore Maritime Industry
Dr Lam Pin Min, Senior Minister of State (SMS) for Ministry of Transport and Ministry of Health, launched the Sea Transport Industry Transformation Map (ITM) at the annual Singapore Maritime Foundation New Year Cocktail Reception. Developed…
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Cargotec Defines Sustainability Targets for 2018
Cargotec Corporation's Extended Executive Board has set the company sustainability targets for 2018. The targets support Cargotec's strategic must-win battles - services, digitalisation and people leadership - with which the company aims to become the ...
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Indian Navy Decommissions INS Nirbhik, INS Nirghat
The Indian Naval Ships Nirbhik and Nirghat have been decommissioned at Naval Dockyard, Mumbai, after a glorious 30 and 28 years respectively in the service of the nation. The solemn ceremony involved traditional lowering of the ensign and commissioning pendants with playing of ‘Last Post’.
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Trac-Wheels Signs Contract for 10 Kalmar Tractors
Kalmar, part of Cargotec, has signed a contract with Malaysia-based supply and installation company Trac-Wheels (M) Sdn Bhd, for an order of ten units of Kalmar TL2 terminal tractor. The order was booked into Cargotec's 2017 fourth quarter…
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Damen Yacht Support Vessel Game Changer Sold
Dutch shipyard Damen has confirmed the successful sale of its 70-meter support vessel, Game Changer. The yacht will now return to Gorinchem in the Netherlands for further customisation. Game Changer is Damen's fourth Yacht Support vessel sold in the 70-metre segment…
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Mansukh Mandavia Inspects Kolkata Port, IWAI Jetty
Indian Minister of State for Shipping, Mansukh Mandaviya inspected the facilities and ongoing projects at Kolkata Port Trust and GR Jetty of Inland Waterways Authority of India. Mandavia visited Netaji Subhas Dock at Kolkata Port Trust where…
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Bourbon, Bureau Veritas Partner on Digitalization
Under a new strategic partnership agreement, French offshore services firm Bourbon and testing, inspection and certification services provider Bureau Veritas will develop and deploy new digital technologies, including solutions for automation, real tim...
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It’s Electric: Charging Asia’s First E-ferry
Innovative charging technologies connect Asia’s first e-ferry to electrical power, eliminating emissions and dramatically reducing operating costs. The retrofitted passenger ferry, which operates between the island of Cijian and the port of Kaohsiung in Taiwan and that entered service last year…
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India sends its 100th satellite into space to watch borders
NEW DELHI (Reuters) - India launched its 100th satellite on Friday as Prime Minister Narendra Modi seeks to project the country as a global low-cost provider of services in space.
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