Private Chinese shipbuilder Yangzijiang Shipbuilding announced the sale of a self-elevating mobile offshore jack-up drilling rig from a previously terminated contract.
Damen Green Solutions and Bawat have announced a new joint venture to develop and market “the world’s greenest” mobile ballast water management system (BWMS).
DP World is restarting operations at its terminals in Australia on Monday after a cyberattack crippled landside operations leaving over 30,000 containers stranded in yards.
The US International Development Finance Corporation (DFC) is investing $553 million into the construction of the Colombo West International Terminal (CWIT), a 3.5 million teu facility on the port's western breakwater.
Maritime investment advisor ProMarine A has launched the first sustainable shipping fund called the Low Emission Methanol Shipping Company or LEMSCO, but questions remain about how sustainable this fund really is.
Even restricting the Panama Canal number of Neo-Panamax transits to just five there should still be enough capacity for containerships, however, it will be a different story for other vessel types such as gas carriers.
The Chilean giant state mining company Codelco, Japan’s NYK Bulk & Projects Carriers (NBP), Oshima Shipbuilding and Sumitomo Corporation have signed a Memorandum of Understanding (MoU) design and build an ammonia dual-fuel handymax bulker.