Sultan Ahmed Bin Sulayem, Group Chairman and Chief Executive Officer, DP World, has met senior executives from India’s Tata Group to explore opportunities for cooperation, knowledge sharing and best practice. Discussions covered logistics and supply c...
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GasLog Partners Acquires GasLog Gibraltar
GasLog Partners has agreed to acquire GasLog Gibraltar from GasLog (GLOG) for USD 207 million and to fully repay its USD 45 million unsecured term loan from GLOG. GasLog Partners and GasLog announced that they have approved entering into agreement…
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Euronav, Gener8 Maritime Merger to Close in 2Q 2018
Tanker operators Euronav NV said that it remains confident of closing a takeover of the U.S.-based provider of international seaborne crude oil transportation services Gener8 Maritime in the next three months. On 21 December 2017 the boards…
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ZIM Upgrades ZCP, Rolls-out CFX Service
The biggest cargo shipping company in Israel ZIM Integrated Shipping Services (ZIM) upgrades ZIM Container Service Pacific (ZCP) and Introduces a New Service (CFX) Connecting Jamaica, Florida & Canada. "ZIM is pleased to announce a change and…
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Dorian LPG Announces Third Japanese Financing
Dorian LPG, a leading owner and operator of modern and ECO very large gas carriers (VLGCs), has announced that the Company has entered into a $70.0 million sale and bareboat charter arrangement for the Corvette. The transaction was completed…
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Naval Group Engages KBR in SEA1000 Project
Naval Group has formally signed a Design Services Subcontract (DSSC) with local engineering company, KBR, to assist with the concept design of the proposed Future Submarine (SEA1000) construction yard at the Osborne Naval Shipbuilding precinct in South...
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Seabourn Ovation Completes Sea Trials
Seabourn Cruise Line's newest ultra-luxury vessel, Seabourn Ovation, achieved another important maritime milestone with the completion of its final round of sea trials in the Mediterranean off the coast of Italy. Seabourn Ovation departed the Fincantie...
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Reducing Emissions in Ports
How can ports cut emissions to ensure cleaner air and contribute to the battle against climate change? First, ports need to quantify emissions in ports, then they need to identify measures to cost-effectively reduce port-related emissions. A…
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Euronav Says 2017 Was a Challenging Year
2017 was a challenging year for th Belgium-based tanker owner Euronav NV from an operational perspective on account of challenging freight market driven by ship oversupply & OPEC restrictions, said Paddy Rodgers, CEO of Euronav. The concentrated…
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GTT LNG Tanks for South Korean Newbuilds
GTT said it has received an order from the Korean shipyard Hyundai Samho Heavy Industries (HSHI) for the design of the liquefied natural gas (LNG) tanks of two new 174,000 m3 LNG carriers (LNGC). The vessels will be built on behalf of a European ship o...
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