Sea
The Maritime and Port Authority of Singapore (MPA), Port of Long Beach, Port of Los Angeles, and C40 Cities have begun discussions to establish a green and digital shipping corridor between Singapore and the San Pedro Bay port complex. The corridor will focus on low- and zero-carbon ship fuels, as well as digital tools to support deployment of low- and zero-carbon ships.This collaborative effort supports the Green Shipping Challenge launched ...
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AD Ports Group announced that it has signed an agreement to acquire an 80% equity stake in Dubai-based Global Feeder Shipping (GFS), a global container shipping company.The total purchase consideration for the 80% stake amounts to US$ 800 million, implying a 100% Enterprise Value of ...
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ContainerPort Group (CPG®) announced the launch of its Expedited Services team, as part of its larger Logistics unit. The Expedited Services team will focus on finding solutions to move customer-critical containers that are not easily accessible or otherwise detained at rail yards and container yards ...
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The Port of Hueneme, known as the fourth largest container Port in California, welcomed another electric-hybrid crane--an investment made by Ports America stevedoring. The crane's arrival marked another important step in the Port's partners continued investment in zero-emissions technology and focus on operational reliability, as ...
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DNV has launched a Shanghai-based Gas Carrier and Alternative Fuels Expert Team to support key stakeholders amid strong growth in two thriving markets in China: large gas carriers and alternative-fuel new buildings.
China’s shipbuilding industry has made great progress in recent years, scaling up its value ...
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Everglades has been awarded a $19 million federal grant by the U.S. Department of Transportation under the Port Infrastructure Development Program (PIDP), to modernize several cargo docks and ensure efficient operations over the next 75 years. This is the port's first large federal infrastructure grant ...
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The Port of Oakland will be awarded a $36.6 million grant from the U.S. Department of Transportation to support green infrastructure development for added cargo transport capacity and operational efficiencies at its Outer Harbor. The grant is part of a $94 million federal investment in ...
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A.P. Moller - Maersk (Maersk) delivered strong results in Q3 2022 with higher earnings in its three main businesses; Ocean, Logistics & Services and Terminals, compared to the same quarter last year. Revenue increased by 37%, and both EBITDA and EBIT increased around 60% compared ...
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Crowley and the Port of Jacksonville, Fla., (JAXPORT) have been awarded a federal grant to support a $14.6 million project to reduce emissions and add electric-power equipment at Crowley’s terminal.The US Department of Transportation (USDOT) and the Maritime Administration (MARAD) awarded the grant under the ...
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Ocean Network Express (ONE), together with partners forming Poseidon Acquisition Corp., has announced that they have entered into a definitive agreement with Atlas Corp., under which Poseidon will acquire Atlas in an all-cash transaction.
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