The Klaipeda Port Authority has announced a massive €775 million investment plan over the next four years to increase capacity and modernise infrastructure.Last year, the port handled 39 million tonnes…
As Venezuela resumes its oil trade under U.S. management, the industry is discovering that old habits die hard. State oil company PDVSA has started shipping cargoes again, often using the…
Bangalore International Airport (BIAL) has secured a major partner for its ground operations, signing a 15-year license agreement with Menzies Aviation. Under this new long-term deal, Menzies Aviation will take…
MacGregor has secured a contract to supply a high-spec, 400-tonne Active Heave Compensated (AHC) subsea crane. The equipment is destined for a new 127-meter Floating Wind Farm Construction Vessel (FWCV),…
On Friday, the Indian Coast Guard (ICG) executed a coordinated raid 100 nautical miles west of Mumbai, busting three tankers allegedly running an Iranian oil “smuggling racket. The interception happened…
Vigor Marine Group, one of the most critical names in US ship repair, has a new owner. French private equity firm Antin Infrastructure Partners has reached an agreement to buy…
Kongsberg Maritime will design and equip four methanol/ethanol-ready handy-size tankers for Transpetro. The vessels will be built by Consorcio Marenova in Rio Grande and Niteroi, Brazil. Around $31M contract covers…
Australia is finally building a proper “driveway” for its flagship Antarctic icebreaker, the RSV Nuyina. Following a funding agreement of US$130.6 million from the federal government, work has officially commenced…
CMA CGM is pushing forward with a plan to decarbonize the corridor between Marseille-Fos and Lyon. The shipping giant has announced a new electric container barge service on the Rhone…
Tallink’s shuttle ships on the busy Tallinn Helsinki route are making a rapid shift toward cleaner fuel. The company recently reported that in January, 74% of the fuel used by…
Kiyaan Singh