KOTUG and Petroconsult join forces to establish KOTUG PETRO Maritime (KPM)

KOTUG and Petroconsult join forces to establish KOTUG PETRO Maritime (KPM)

KPM awarded a long-term contract  by Arab Petroleum Pipelines Company SUMED   Leading global towage company KOTUG International BV has signed an agreement with Petroconsult to create a joint venture company …
Nov 13, 2018 /  Curious
TORM establishes JV with Guangzhou Shipyard International and ME Production to manufacture scrubbers to reduce sulfur

TORM establishes JV with Guangzhou Shipyard International and ME Production to manufacture scrubbers to reduce sulfur

TORM plc (TORM) has established a joint venture with ME Production, a leading scrubber manufacturer, and Guangzhou Shipyard International (GSI), which is part of the China State Shipbuilding Corporation group. The joint …
Nov 9, 2018 /  Vessels
Fluxys and Novatek take a new step for mid-scale LNG storage terminal in the port of Rostock, Germany

Fluxys and Novatek take a new step for mid-scale LNG storage terminal in the port of Rostock, Germany

Today, the Fluxys and Novatek joint venture Rostock LNG GmbH has signed a Land Lease Agreement with the Port of Rostock (see also CruiseMapper) with a view to building and operating a mid-scale liquefied natural gas …
Oct 17, 2018 /  Curious
Yangzijiang Shipbuilding Group in China and Mitsui & Co., Ltd. to establish a shipbuilding joint venture

Yangzijiang Shipbuilding Group in China and Mitsui & Co., Ltd. to establish a shipbuilding joint venture

Mitsui E&S Shipbuilding Co., Ltd. (MES-SC), in partnership with Yangzijiang Shipbuilding (Holdings), Ltd. (YZJ, listed on the Singapore Exchange) and Mitsui & Co., Ltd. (Mitsui), has entered into a shareholders' …
Oct 11, 2018 /  Curious
Stena Bulk in partnership with Bay Crest Management for expansion in Asia

Stena Bulk in partnership with Bay Crest Management for expansion in Asia

Golden-Agri Stena, since 2012 a joint venture between Stena Bulk and Golden Agri-Resources, has started a new joint venture, GSB Tankers, together with Bay Crest Management. GSB Tankers is set up to undertake the …
Oct 11, 2018 /  Curious
Trafigura and IFM investors create joint venture for certain assets of Impala Terminals and enter into long term partnership

Trafigura and IFM investors create joint venture for certain assets of Impala Terminals and enter into long term partnership

Trafigura Group Pte Ltd (Trafigura), one of the world’s leading independent commodity trading companies has entered into an agreement for IFM Global Infrastructure Fund to invest in certain of Trafigura’s …
Oct 9, 2018 /  Curious
SEA-Tank Terminal Antwerp NV and MOL Chemical Tankers joined forces in a joint venture named SEA-MOL NV

SEA-Tank Terminal Antwerp NV and MOL Chemical Tankers joined forces in a joint venture named SEA-MOL NV

SEA-Tank Terminal Antwerp NV (SEA-Tank) and MOL Chemical Tankers Pte. Ltd. (MOLCT) joined forces in a joint venture named SEA-MOL NV in the port of Antwerp, Belgium. SEA-MOL NV is held 51% by SEA-Tank and 49% by MOLCT …
Sep 13, 2018 /  Curious
FURUNO, Cosco Shipping Technology and HEISEI TRADING Establish Joint Venture to Develop the Maritime Business in China

FURUNO, Cosco Shipping Technology and HEISEI TRADING Establish Joint Venture to Develop the Maritime Business in China

FURUNO ELECTRIC CO., LTD. announced yesterday that on 10th of September, FURUNO, COSCO SHIPPING Technology (CS Tech) which is a group company of China COSCO Shipping Corporation Limited, and HEISEI TRADING CO., LTD …
Sep 13, 2018 /  Curious
NOVATEK Сreates a Joint Venture with Rosatom

NOVATEK Сreates a Joint Venture with Rosatom

Today, during the Eastern Economic Forum in Vladivostok, Chairman of the Management Board of PAO NOVATEK (NOVATEK) Leonid Mikhelson and Director General of State Corporation ROSATOM Alexey Likhachev signed an agreement …
Sep 12, 2018 /  Curious
ZEAMARINE granted EU clearance; ZEABORN and Intermarine Joint Venture underway

ZEAMARINE granted EU clearance; ZEABORN and Intermarine Joint Venture underway

ZEAMARINE, a new global leader in the transport of project, breakbulk and heavylift cargo, has announced that governmental and agency approvals in the EU and the United States have been received deeming the Joint Venture …
Sep 7, 2018 /  Curious