The latest stage of a £50Mln expansion of automotive trade at the Port of Southampton begins

The latest stage of a £50Mln expansion of automotive trade at the Port of Southampton begins

Work on the latest £15 million multi-deck storage facility in the Eastern Dock will take 9 months and will create 3,000 additional spaces for vehicles to be stored. This is the eighth multi-deck at the port and …
Oct 9, 2018 /  Curious
ICTSI to further expand Manila International Container Terminal

ICTSI to further expand Manila International Container Terminal

The Philippine Ports Authority (PPA) has given the nod for capacity improvements at the Manila International Container Terminal (MICT), the flagship operation of International Container Terminal Services, Inc. …
Oct 8, 2018 /  Curious
Höegh LNG Holdings invests with Stolt-Nielsen and Golar LNG to create small-scale LNG market leader

Höegh LNG Holdings invests with Stolt-Nielsen and Golar LNG to create small-scale LNG market leader

Höegh LNG Holdings Ltd. (Höegh LNG) announced today an investment of USD 24.75 million in Avenir LNG Ltd. (Avenir LNG). The investment is part of a combined commitment of up to USD 182 million from …
Oct 1, 2018 /  Vessels
Port of Antwerp continues to attract investment

Port of Antwerp continues to attract investment

MOL Chemical Tankers is teaming up with SEA-Invest to invest in construction of a tank terminal for liquid chemicals in the Delwaide dock. In the meantime, Antwerp Railhouse is building trimodal warehouses for breakbulk …
Sep 27, 2018 /  Curious
DFDS to invest DKK 300m to install scrubbers on 12 freight ferries deployed on freight routes in the Mediterranean

DFDS to invest DKK 300m to install scrubbers on 12 freight ferries deployed on freight routes in the Mediterranean

DFDS will in 2019 invest DKK 300m to install scrubbers on 12 freight ferries deployed on freight routes in the Mediterranean between Turkey, Italy, Greece and France. The investment will ensure compliance with the new …
Sep 19, 2018 /  Finance
Wärtsilä Makes Significant Investment In Finland

Wärtsilä Makes Significant Investment In Finland

Wärtsilä is building the Smart Technology Hub, a new centre of research, product development and production, in Vaskiluoto, Vaasa. As of 2020, all of Wärtsilä’s functions and personnel in …
Aug 22, 2018 /  Finance
Belfast Harbour Announces Record Results and Major Investment Programme

Belfast Harbour Announces Record Results and Major Investment Programme

In announcing its results for 2017, Belfast Harbour has reported a record financial performance and a strong investment pipeline of £132million in port infrastructure and real estate projects targeted at improving …
Jul 4, 2018 /  Finance
Frontline Ltd. announces their investment in Feen Marine Scrubbers Inc

Frontline Ltd. announces their investment in Feen Marine Scrubbers Inc

Frontline Ltd. (Frontline) (NYSE:FRO) today announced that it has entered into memorandum of agreement (MOA) to acquire a 20% ownership interest in Feen Marine Scrubbers Inc., a leading manufacturer of exhaust gas …
Jun 28, 2018 /  Finance
Long-term investment of NOK 300Mln strengthens Kleven for further growth

Long-term investment of NOK 300Mln strengthens Kleven for further growth

Investors bringing in NOK 300 million in new funds to the company Hurtigruten and its owners, Petter A. Stordalen and TDR, will be the largest partner in the newly established company, with a 40% share. Of its current …
Jun 12, 2018 /  Finance
Bristol Port invests with Kalmar to improve reliability and productivity with comprehensive STS crane upgrade

Bristol Port invests with Kalmar to improve reliability and productivity with comprehensive STS crane upgrade

The Bristol Port Company has signed a contract with Kalmar, part of Cargotec, to undertake a comprehensive upgrade of one of the terminal's ship-to-shore (STS) cranes. The upgrade project is scheduled to be completed …
Jun 5, 2018 /  Curious