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Tagged in KAR

Seatrium Strengthens Position as a Leading Repairs and Upgrades Shipyard

Seatrium Limited (Seatrium, or the Group) has secured a series of major contracts with an aggregate value of S$350 million, to be completed by end 2025, reinforcing its reputation as a market leader in vessel repairs, upgrades and conversions. Mr …
Apr 4, 2024 / Curious

AD Ports Group and Karachi Port Trust Extend Cooperation through 25-Year Concession Agreement for Bulk and General Cargo Terminal at Karachi Port

AD Ports Group (ADX: ADPORTS), a global leader in trade, logistics, and industry, today announced the signing of a new concession agreement for Bulk and General Cargo operations with Karachi Port Trust (KPT), the Pakistani federal government agency …
Feb 5, 2024 / Curious

MAN Energy Solutions and Karpowership signed a contract for 48 dual-fuel engines

The new engines add another 1,000 MW to Karpowership’s current generation capacity of 6,000 MW MAN Energy Solutions and Karpowership have signed a contract for the delivery of a total of 48 dual-fuel engines for Karpowership’s fleet of power plant …
Jan 15, 2024 / Curious

Skarv Shipping Solutions orders 4 short-sea MPVs

Skarv Shipping Solutions has signed a contract with Huanghai Shipbuilding for four 7,000 dwt, low-carbon, multipurpose vessels, with an option for four more. The contract agreed is for four ships, with an option for another two plus two ships. The …
Sep 29, 2023 / Curious

Pyxis Tankers Announces Closing of Ultramax JV Investment & Company Update

Pyxis Tankers Inc. (NASDAQ Cap Mkts: PXS), an international shipping company, today reported that on September 14, 2023, the Company closed on its previously announced newly formed drybulk joint venture with an entity related to our Chairman and …
Sep 18, 2023 / Vessels

AD Ports Group Signs 50-Year Concession Agreement with Karachi Port Trust for Container Terminal

AD Ports Group (ADX: ADPORTS), a global leader in trade, logistics, and industry, announced today the signing of a concession agreement with Karachi Port Trust (KPT), the Pakistani federal government agency that oversees the operations of the Port of …
Jun 26, 2023 / Curious

AD Ports Group and Karachi Port Trust (KPT) Sign a Strategic MoU to Develop Advanced Port and Terminal Infrastructure in Karachi Port

A senior delegation from United Arab Emirates (UAE) visited Karachi and met with H.E. Faisal Sabzwari, Federal Minister For Maritime Affairs, Government of Pakistan. The delegation was led by Captain Mohamed Juma Al Shamisi, Managing Director and …
May 19, 2023 / Vessels

DP World achieves record throughput at Dakar Container Terminal

DP World has achieved a record container handling performance at the Port of Dakar, handling 76,282 TEU during March, the highest throughput in a single month since DP World began operations in Senegal in 2008. Since then, DP World has invested …
Apr 18, 2023 / Curious

The Global Mercy® arrives in Dakar ready to serve the people of Senegal and The Gambia with surgical expertise and training

The newest Mercy Ship, the Global Mercy® arrived in Dakar, Senegal on February 14, 2023. While the ship hosted surgical training in Senegal in 2022, this year marks the first time that specialized surgeries will take place on this newly built …
Feb 15, 2023 / Vessels

Pyxis Tankers Announces Acceptance of Loan Refinancing Letter of Product Tanker

Pyxis Tankers Inc. (NASDAQ Cap Mkts: PXS), (Pyxis Tankers), an international pure-play product tanker company, today announced that through a wholly-owned subsidiary, it had accepted a letter agreement for a secured term loan facility of up to $15.5 …
Feb 10, 2023 / Vessels