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Monthly Archives: December 2018

Dubai’s DP World Completes Danish Unifeeder Acquistion

Global port operator DP World says it has completed the acquisition of Danish logistics firm Unifeeder for $748 million.DP World’s full acquisition of Unifeeder Group from Nordic Capital Fund VIII was announced in August, but finalized on Thursday."DP…...
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Chinese Consortium Bags USD 1.4bln Panama Bridge Project

The government of Panama gave a US$1.4 billion contract to build a bridge over the Panama Canal to Panama Cuarto Puente, a Chinese consortium.Panama Cuarto Puente consortium or so-called Panama Fourth Bridge Consortium,  composed of China Communication...
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Union of Greek Shipowners Joins Arctic Economic Council

The Union of Greek Shipowners (UGS) announced its acceptance as member to the Arctic Economic Council (AEC), the independent organization acting as the primary forum for interaction between the Arctic Council and the wider circumpolar and non-Arctic bu...
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NYK Line Signs TC for Two LNG Carriers with Total

Japanese shipping giant NYK has signed a long-term contract with a unit of French energy giant Total to charter two liquefied natural gas (LNG) carriers.According to the contract, Total Gas & Power Chartering Ltd (TGPCL) will charter from NYK…
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Oman Signs Djibouti Code of Conduct

Oman has become the 16th signatory to the Jeddah Amendment to the Djibouti Code of Conduct – the instrument developed and adopted by countries in the Western Indian Ocean and Gulf of Aden that has been a key factor in repressing piracy and armed…
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British Golden Globe Yachtswoman Rescued by Cargo Ship

British solo round-the-world yachtswoman Susie Goodall was rescued by a cargo ship on Friday after her boat capsized and lost its mast during a violent storm in the southern Pacific Ocean.The 29-year-old, the youngest entrant in the Golden Globe race, ...
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Lumitec Launches Digital Lighting Control System

Lumitec’ s Poco Delivers a Powerful, Low-Cost On-board Advanced Lighting Control Solution.Lumitec, a leading designer and manufacturer of extreme environment LED lighting solutions, officially announces the launch of their “Poco” Digital Lighting…
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