San Francisco-based freight forwarder Flexport announced a unding injection of $1 billion led by the venture capital (VC) arm of Japanese investment firm SoftBank Group."We’re excited to share how we’re accelerating and further realizing that…
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Adnoc Signs USD4bln Pipeline Deal
Abu Dhabi State-Owned Oil Company Adnoc has sealed a $4 billion midstream pipeline infrastructure deal with BlackRock, the world's largest asset manager, and private equity firm KKR & Co.The Middle East national oil company said that the transaction in...
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Acta Centaurus Nears Completion
Netherlands-based Acta Marine announced that its next offshore wind farm installation vessel will be ready in next two months."‘Acta Centaurus will be completed and ready for construction support vessel (CSV)/service operation vessel (SOV) operation in...
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Clean Arctic Alliance Warns Arctic Nations
Clean Arctic Alliance participated in a meeting of the International Maritime Organization’s (IMO) Sub-Committee on Pollution Prevention and Response (PPR 6) in London and hailed the progress towards HFO Free Arctic.However, the international…
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Maastricht Maersk Makes Maiden Call to Rotterdam
Maastricht Maersk, the latest next-generation Triple-E vessel known for improved energy efficiency and environmental performance, has arrived for the first time to Rotterdam on her westbound voyage from Asia.Welcoming the maiden voyage of the most mod...
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Australia Leads FPSO Deployment in AsiaPac
A total of 67 floating production, storage and offloading (FPSOs) vessels are expected to start operations globally by 2025, with Australia leading the Asia-Pacific region.Globally, 67 planned and announced FPSOs are expected to start operations betwee...
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IMO On Track for 2020 Sulphur Cap
The International Maritime Organization (IMO) made substantial progress towards the Organization’s final preparations for the new global Sulphur regulation which enters into force on 1 January 2020.A release from Danish Maritime Authority (DMA)…
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Scorpio Refinances a Kamsarmax Vessel
New York-listed Scorpio Bulkers has entered into a financing transaction in respect of one of its Kamsarmax vessels with an unaffiliated third party.As part of the transaction, the provider of marine transportation of dry bulk commodities will sell a 2...
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Diana Shipping Fixes Houston with Koch
Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Koch Shipping Pte. Ltd., Singapore, for one of its Capesize dry bulk vessels, the m/v Houston.The global shipping company…
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APM Terminals Barcelona Cuts CO2
The electrical capacity of the APM Terminals Barcelona has also been improved, leading to a reduction in CO2 emissions of 600 tonnes per annum, said the international container terminal operating company headquartered in The Hague.As part of…
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