CMPort will acquire 90% Stake of the Port of Paranaguá in Brazil, from TCP with the purchase price of R$2,891,250,227.92 (equivalent to approximately HK$7,228million).
Archives for September 2017
As panel of experts will discuss at London International Shipping Week, more companies are increasingly recognising the importance of communications and its potential for positive business impact.
Damen Dredging Equipment has unveiled its new electrically-driven E-DOP pump. The Damen DOP pump has enjoyed success in the dredging industry since its introduction 25 years ago.
The 160-meter vessel of 26,000 dwt fueled by liquefied natural gas produces more than 50 percent lower carbon dioxide emissions than vessels of the previous generation.
Despite a recovery in cargo shipping markets, ship manning costs will remain suppressed as shipowners and operators continue to be financially challenged and the officer shortfall recedes.
The two major Port State Control regimes – Paris MoU and Tokyo MoU – will focus especially on navigational safety in a so-called Concentrated Inspection Campaign (CIC)
Five crew members of the ice breaker Polar Star have finally arrived home after being abandoned in the Canary Islands, thanks to the efforts of ITF inspectors in Las Palmas, Lithuania and Canada.
US court has fined a Vanuatu-owned fishing vessel company USD2.5 million for covering up the illegal discharge of oily waste in and around American Samoa in the South Pacific.
After careful evaluation, Damen Green Solutions has designed a ballast water management system (BWMS) for the Government of Australia’s next-generation ASRV.