Access cargoes, ship positions, ships and parts for sale, news, events and jobs
Canadian bulk carrier operator Fednav has sold its marine terminal business to Logistec Stevedoring, a subsidiary of fellow Logistec Corporation, for $105m. The deal incorporates Canadian and US terminal business, including Federal Marine Terminals and the logistics division, Fednav Direct. Fednav’s division has operated terminal facilities at ports in Canada and the US for over …
https://splash247.com/fednav-sells-terminals-division/
https://splash247.com/fednav-sells-terminals-division/Dubai-headquartered terminal operator DP World has announced a $38m investment to expand and modernise its facilities located on the left bank of Brazil’s Port of Santos. The investment is expected to see an increase in annual movement capacity from 1.2m teu to 1.4m teu and an expansion of the quay from 1,100 m to 1,300 …
https://splash247.com/dp-world-to-invest-38m-in-brazils-port-of-santos/
https://splash247.com/dp-world-to-invest-38m-in-brazils-port-of-santos/Hydrogen fuel cell supplier PowerCell announced it has signed an agreement to deliver hydrogen fuel cells to two ships operating on Norway's longest ferry route. The order has a value of €19.2 million, and represents the largest non-combustion…
https://www.marinelink.com/news/powercell-deliver-worlds-largest-marine-503361
https://www.marinelink.com/news/powercell-deliver-worlds-largest-marine-503361The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, climbed to a two-month peak on Friday, as well as marked its second straight weekly rise, supported by improving demand for capesize and panamax vessel segments.The overall index…
https://www.marinelink.com/news/baltic-dry-index-rises-second-week-503365
https://www.marinelink.com/news/baltic-dry-index-rises-second-week-503365Canada-based marine simulation training firm Virtual Marine Technology Inc. announced it has signed a strategic market representation agreement with New Zealand's Global Marine Technical Services (GMTS), extending its in-country coverage to Australia and New Zealand.
https://www.marinelink.com/news/virtual-marine-expands-representation-503368
https://www.marinelink.com/news/virtual-marine-expands-representation-503368CMA CGM expects the marked slowdown seen in the fourth quarter of 2022 to continue in the current year, the French transport and shipping group said on Friday, citing inflationary pressures weighing on consumption.The company based in Marseille and privately controlled by the founding Saade family,
https://www.marinelink.com/news/cma-cgm-expects-marked-slowdown-continue-503369
https://www.marinelink.com/news/cma-cgm-expects-marked-slowdown-continue-503369DP World announced it will invest $35 million in 2023 to expand and modernize its facilities on the left bank of Brazil’s Port of Santos.With the investment, the company plans to increase annual movement capacity from 1.2 million TEUs to 1.4 million TEUs and expand the size of the quay from 1…
https://www.marinelink.com/news/dp-world-invests-million-port-santos-503371
https://www.marinelink.com/news/dp-world-invests-million-port-santos-503371A consortium has secured European Union funding to develop solutions minimizing methane slip from marine engines, advancing the environmental and climate benefits of liquefied natural gas (LNG) as a ship fuel.Coordinated by VTT Technical Research Centre of Finland…
https://www.marinelink.com/news/eu-backs-project-minimize-methane-slip-503372
https://www.marinelink.com/news/eu-backs-project-minimize-methane-slip-503372Swedish RoRo shipping company WALLENIUS SOL announced it has appointed Henrik Karle as chief operating officer (COO).with more than 20 years of experience and an extensive track record from the shipping industry, Karle has from 1 March 2023 taken a position on the WALLENIUS SOL management team.
https://www.marinelink.com/news/wallenius-sol-names-karle-coo-503339
https://www.marinelink.com/news/wallenius-sol-names-karle-coo-503339Israel on Thursday criticised Brazil's decision to grant berth to two Iranian warships in the face of U.S. pressure, and urged President Luiz Inacio Lula da Silva's government to send them away.The vessels docked in Rio de Janeiro on Sunday.
https://www.marinelink.com/news/israel-urges-brazil-undock-iranian-503340
https://www.marinelink.com/news/israel-urges-brazil-undock-iranian-503340