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NYK Group Establishes Logistics Joint Venture for Finished Cars Using Automobile Freight Trains in India

NYK Group Establishes Logistics Joint Venture for Finished Cars Using Automobile Freight Trains in India

On July 13, NYK Auto Logistics India Pvt. Ltd. (NALI), an NYK Group company, signed an agreement with Adani Logistics Ltd. (ALL) to form a joint venture that specializes in the transportation of finished vehicles using …
Jul 17, 2018 /  Curious
Hapag-Lloyd AG officially names one of its newest vessels - Afif - at DP World London Gateway

Hapag-Lloyd AG officially names one of its newest vessels - Afif - at DP World London Gateway

Hapag-Lloyd AG officially named one of its newest vessels – facilitating trade between the UK and the Far East – on the River Thames on Monday. The honour of formally naming the vessel was bestowed upon the …
Jul 17, 2018 /  Vessels
APL Adds Port Calls to West Asia Express Service

APL Adds Port Calls to West Asia Express Service

APL yesterday announced that the West Asia Express (WAX) service will be calling the additional ports of Xingang, Busan and Sohar as part of its service rotation. This refinement marks APL’s commitment to provide a …
Jul 17, 2018 /  Curious
Diana Shipping Inc. Announces Signing and Drawdown of a US$75 Million Term Loan Facility with BNP Paribas

Diana Shipping Inc. Announces Signing and Drawdown of a US$75 Million Term Loan Facility with BNP Paribas

Diana Shipping Inc. (NYSE: DSX), a global shipping company specializing in the ownership of dry bulk vessels, yesterday announced that on July 13, 2018, it signed a term loan facility with BNP Paribas for up to US$75 …
Jul 17, 2018 /  Finance
ABS to Class FSRU for Turkey’s Oil and Gas Distributor

ABS to Class FSRU for Turkey’s Oil and Gas Distributor

ABS expands footprint in Turkey LNG market with new FSRU contract ABS was selected to class a floating storage and regasification unit (FSRU) for BOTAS, Turkey’s oil and gas pipeline operator. “As demand …
Jul 17, 2018 /  Vessels
Wärtsilä to assist Transocean with thruster maintenance optimisation and dry-docking cost reductions

Wärtsilä to assist Transocean with thruster maintenance optimisation and dry-docking cost reductions

Wärtsilä and Transocean will optimise the maintenance of all Wärtsilä thrusters installed within the Transocean fleet, while seeking to significantly reduce dry-docking costs by extending the service …
Jul 17, 2018 /  Vessels
Containership MOL Truth Earned 'Ship of the Year 2017'

Containership MOL Truth Earned 'Ship of the Year 2017'

A 20,000TEU Container Ship, One Of The World’s Largest Built in Japan TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL) Friday (Jul13) announced that 20,000 TEU containership, MOL Truth, one of the world's largest …
Jul 17, 2018 /  Vessels
Port of Antwerp sets new records with best half year ever

Port of Antwerp sets new records with best half year ever

After a record first three months the port of Antwerp has also had an excellent second quarter with May as the best month ever. During the first six months of the year the port handled 118,648,143 tonnes of freight, a …
Jul 16, 2018 /  Vessels
YILPORT Holding Submits Offer for Taranto Container Terminal Concession

YILPORT Holding Submits Offer for Taranto Container Terminal Concession

YILPORT Holding recently submitted its offer for Taranto Container Terminal concession in Italy. Ionian Sea Port Authority (AdSP), the managing institution of Port of Taranto has officially received the request of …
Jul 16, 2018 /  Curious
Maersk Drilling secures two contract extensions in the North Sea

Maersk Drilling secures two contract extensions in the North Sea

Maersk Drilling has been awarded contract extensions for the high-efficiency jack-up rigs Maersk Resolute and Maersk Resolve by Petrogas E&P Netherlands B.V. and Wintershall Noordzee B.V., respectively. The …
Jul 16, 2018 /  Vessels