PaxOcean and Newport Shipping group sign cooperation agreement

PaxOcean and Newport Shipping group sign cooperation agreement

UK-headquartered Newport Shipping has added to its global network of ship repair yards with facilities in Singapore, Indonesia and China, following the signing of a cooperation agreement with Singapore-based …
May 16, 2018 /  Curious
MSC develops a regional hub for container handling at Khalifa Port

MSC develops a regional hub for container handling at Khalifa Port

The new container terminal represents one of MSC's strategic investments and aims to further strengthen the UAE’s position in attracting major international companies at Khalifa Port MSC makes a total investment …
May 9, 2018 /  Curious
Port of Brownsville and Big River Steel LLC Sign Option Agreement

Port of Brownsville and Big River Steel LLC Sign Option Agreement

Deal advances $1.6 Billion Port steel mill; build-out brings 500 new jobs to Brownsville The Brownsville Navigation District Board of Commissioners – the governing body for the Port of Brownsville – has …
Apr 25, 2018 /  Curious
CMA CGM announces an agreement to acquire a stake in CEVA in order to reinforce its presence in the logistics sector

CMA CGM announces an agreement to acquire a stake in CEVA in order to reinforce its presence in the logistics sector

CMA CGM, a worldwide leading shipping company, announced earlier today it has reached an agreement to acquire an equity stake of nearly 25% of CEVA Logistics AG (CEVA), a global leading player in the logistics sector. …
Apr 20, 2018 /  Finance
Major deal with offshore wind company marks change of direction for Portsmouth-based MMD Shipping Services

Major deal with offshore wind company marks change of direction for Portsmouth-based MMD Shipping Services

Portsmouth-based cargo operator MMD Shipping Services has secured a 10-year agreement with international manufacturer MHI Vestas Offshore Wind. The new deal, with Danish-based manufacturer MHI Vestas, involves handling …
Apr 19, 2018 /  Curious
Seatrade and StreamLines announce a strategic cooperation agreement with Hapag-Lloyd

Seatrade and StreamLines announce a strategic cooperation agreement with Hapag-Lloyd

Seatrade and StreamLines announce a strategic cooperation agreement with Hapag-Lloyd commencing with a Slot Charter Agreement covering the East Coast of North America to Europe. As from 13 April 2018, Seatrade will be …
Apr 19, 2018 /  Vessels
Vroon reaches in principle restructuring agreement with its lender group

Vroon reaches in principle restructuring agreement with its lender group

Vroon has reached an in-principle agreement with all its lenders regarding the terms of its financial restructuring. The agreement, which is only subject to final documentation and credit committee confirmation, is an …
Apr 16, 2018 /  Finance
Miami-Dade County approves agreement with Norwegian Cruise Line

Miami-Dade County approves agreement with Norwegian Cruise Line

Norwegian Cruise Line Holdings Ltd. (together with NCL Bahamas Ltd.) and Miami-Dade County have reached an agreement to amend and restate a cruise terminal agreement incorporating the construction of a new Cruise …
Apr 11, 2018 /  Cruise
International feed importer signs long-term deal with Peel Ports Group

International feed importer signs long-term deal with Peel Ports Group

Global animal feed trader and supply chain leader ADM Arkady has signed a long-term contract with Peel Ports Group. Part of the Archer Daniels Midland Company (NYSE: ADM) – one of the world’s largest …
Apr 11, 2018 /  Curious
State of Delaware Announces Preliminary Agreement with Gulftainer to Expand Port of Wilmington

State of Delaware Announces Preliminary Agreement with Gulftainer to Expand Port of Wilmington

Terms of the agreement must be approved by Diamond State Port Corporation Board and the Delaware General Assembly Governor John Carney and Secretary of State Jeffrey Bullock announced last Thursday that the State of …
Apr 5, 2018 /  Curious