Changes in port ownership and ongoing investment in modernization and expansion are all creating the conditions for what could be a defining year for the global port industry.
Archives for January 2018
Economic growth has accelerated in Europe, Asia and the Americas since mid-2016, and the IMF now expects the global GDP growth rate to raise slightly in 2018 to reach 3.7%, up from 3.6% in 2017.
Korean shipbuilder HHIC-Phil Inc has been making significant strides in the ultra large box ship newbuilding category, with the sea trial of the Philippine-made 20,600 TEU class containership in progress.
GTT received at the end of 2017 an order from a South Korean shipyard regarding the design of the LNG tanks of a new LNG carrier. Its delivery is scheduled for the first quarter of 2020.
Proving yet again the versatility of their X7 series Radar, Furuno has introduced two specialty add-on components for the award-winning lineup.
Envirocleanse LLC, announces the completion of all land-based and shipboard testing for its patented inTank™ Ballast Water Treatment System.
TMS CARDIFF GAS announces time charter with TOTAL for seven years and places Newbuilding orders of X Carrier Series of LNG ships
MPA President and CEO was pleased to award the famous Gold-Headed Cane to Captain Rakesh Kumar, an Indian national, Master of the Ottawa Express.
International accountant and shipping adviser Moore Stephens expects optimism to triumph over pessimism in the shipping industry during the next twelve months.