Tag archives: investment

MOL to invest in self-elevating platform vessel operator

Mitsui O.S.K. Lines, Ltd. (MOL) today announced a plan to acquire a 5% share in Seajacks International Limited Group, which owns and operates five Self-Elevating Platform vessels, from ...

Port of Montréal expands global reach thanks to new container terminal

Investments made by the Government of Canada and the Montréal Port Authority to enhance the Port of Montréal's infrastructure will make the global movement of goods more ...

Massive private investments in port of Antwerp

Massive investments in the port of Antwerp are coming in the next few years. The SEA-Invest group is planning construction of a new tanker terminal in the Delwaide dock representing ...

Ocean Yield announces investment in two chemical tankers with long term charters

Ocean Yield ASA has agreed to acquire two 45,000 dwt IMO II chemical carriers for a consideration of USD 35 million per vessel in combination with 12-year "hell and ...

Hapag-Lloyd orders 5,750 state-of-the-art reefers

Hapag-Lloyd will also be investing in its container fleet this year: The liner shipping company has ordered a total of 5,750 refrigerated containers (reefers) of the latest generation – including ...

APM Terminals to invest USD 70 million to ready Port Elizabeth terminal for future trade

The Port of New York and New Jersey is the largest port on the US East Coast and third largest in the United States with 6.37 million TEU handled ...

"K" Line and KLPL to invest in next generation VLCC and AFRAMAX

Kawasaki Kisen Kaisha, Ltd. ("K" Line) and "K" Line Pte Ltd. (KLPL), have signed the ship building contracts for three next generation VLCCs and two AFRAMAX tankers in line with ...

Rolls-Royce to invest £44 million in marine thruster facility in Rauma, Finland

Rolls-Royce has announced plans for a major programme of investment in its azimuth thruster production facility in Rauma, Finland, consolidating assembly and test capability and modernising the operation to position ...

APM Terminals Bahrain invests in Safety and intelligent IT systems

APM Terminals Bahrain, operators of Khalifa bin Salman Port (KBSP), has recently made significant advances in Safety performance and information technology systems, including the successful completion of a Load Collision ...

Bourbon puts gas plans on hold

During its meeting of May 16, 2016, the Board of Directors of BOURBON acknowledged that the required financing for the acquisition of the gas activities of JACCAR Holdings would not ...

APM Terminals announces new port investment in the Kingdom of Morocco

APM Terminals has been named as the operator of a new container transshipment terminal at the Tanger Med 2 port complex. APM Terminals already operates the APM Terminals Tangier facility ...

BOURBON to service the customers’ new focus on energy transition by investing in the Gas sector

BOURBON has become the leader in offshore marine services after a long development program consisting of significant investments in innovative vessels built in series, enabling greater operational and cost control ...

DP World to invest in Russian port and logistics infrastructure

Global trade enabler DP World and the Russian Direct Investment Fund (RDIF) today announced the launch of a new joint venture company targeting ports, transportation and logistics infrastructure in Russia ...

Crowley invests $25.5 million in new containers

To better serve its diverse customer base, Crowley Maritime Corp.’s liner services group is ringing in the new year with a $25.5 million investment in new cargo carrying ...

Maersk Line accelerates efficiency initiatives as response to market outlook

As a response to both the short term and long term market outlook, Maersk Line is accelerating a number of already established cost and efficiency initiatives. Maersk Line will reduce ...

Hapag-Lloyd invests in growing reefer market

Hapag-Lloyd is investing a double-digit million amount in its container fleet and has ordered 6,000 (12,000 TEU) of the latest generation of reefer containers. The Company is already ...

Port of Rotterdam Authority invests €32 million in buoys and dolphins

In the Caland Canal and the Botlek, the Port of Rotterdam Authority is working hard on the expansion and replacement of buoy berths and dolphin configurations so that they can ...

Teekay Tankers agrees to acquire 12 modern Suezmax tankers

Teekay Tankers Ltd. has announced that it has agreed to acquire a fleet of 12 modern Suezmax tankers currently owned by Principal Maritime Tankers, a portfolio company of funds managed ...

New development centre of Meyer Werft

MEYER WERFT once again invests in a future project at the Papenburg shipyard. Due to the continually increasing number of employees and the very good order situation of the shipyard ...

Maersk Line orders nine 14,000 TEU container vessels

Maersk Line has signed a new building contract with Hyundai Heavy Industries (HHI) The order is for 9 (nine) vessels with a capacity of 14,000 TEU (twenty-foot equivalent) each ...

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