Following the end of the public consultation on investor-state dispute settlement (ISDS) in the EU-US free trade negotiations (known as TTIP), the European Environmental Bureau, the European Public Health Alliance (EPHA) and Transport & Environment call on the European Commission to exclude ISDS from TTIP and to publish all contributions. The EEB, EPHA and […]
July 14, 2014 | Posted in
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Epic Gas Ltd. has concluded long-term inward bareboat charter contracts with the Siva Group for two 7,200cbm vessels. The vessels, both built in 2010, will be named “Epic Bali” and “Epic Borneo”. The bareboat charters feature purchase options and fixed monthly charter rates throughout the term of the contracts. The vessels are currently employed […]
The Board of Directors at Wisdom Marine Group has given the green light for the purchase of one 81,700 dwt bulk carrier, which should be priced at around $35 million. The vessel is to be built by Namura Shipbuilding Co., Ltd. This bulker is the fifth vessel built for Wisdom Marine Group at Namura, with the latest […]
July 3, 2014 | Posted in
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TTS Group ASA has, through its subsidiary TTS NMF GmbH in Hamburg, Germany, signed four new contracts for delivery of multipurpose cranes to China, valued up to MNOK 72 (about USD 11.72 million). The contract is signed with Huanghai Shipbuilding Co. Ltd. (China) and concerns a total of eight SWL 250t multipurpose cranes, two cranes […]
July 1, 2014 | Posted in
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Over the past three years, DELO Group, one of Russia’s major private transport companies, has implemented a major investment programme. The programme saw investment in rail and other adjacent port infrastructure, construction of stevedoring and inland storage terminals for oil products, construction of the KSK grain terminal, acquisition of 50% of the NUTEP container terminal […]
June 30, 2014 | Posted in
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NYK has acquired 30 percent ownership of the CSI (Consorcio de Servicios Internacionales S.A. de C.V.) Group, a finished-car logistics company, and begun to participate in the CSI Group’s business. A signing ceremony was held at the NYK head office in Tokyo and attended by Leon Antonio Flores Elizondo, CEO of the CSI Group, and […]
June 16, 2014 | Posted in
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BW Group and Pavilion Energy have entered into an agreement to form a joint venture, BW Pavilion LNG Pte. Ltd., to acquire, manage and charter maritime LNG assets, including LNG carriers. Andreas Sohmen-Pao, BW Group CEO, says: “We look forward to a long-term partnership with Pavilion Energy, leveraging our experience in the maritime LNG value […]
May 23, 2014 | Posted in
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President of Summa Group Alexander Vinokurov and the governor of Jilin Bayin Chaolu have signed a cooperation agreement on the Bolshoy Zarubino Port project in Primorsky Krai. The agreement was signed during Russian President Vladimir Putin’s official visit to the People’s Republic of China (PRC). Bolshoy Zarubino Port is to be constructed in the Trinity […]
May 22, 2014 | Posted in
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The Contact Group on Piracy off the Coast of Somalia (CGPCS) will hold its Sixteenth Plenary Session at the UN Headquarters in New York today, 14th of May 2014, under the Chairmanship of the European Union. The meeting will focus on three major policy areas: (i) capacity building in the region off the coast of […]
May 14, 2014 | Posted in
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The CMA CGM Group is improving its ASAF service which will deploy 12 vessels of 5,700 containers (TEU) in direct service to West Africa starting May 9th thus becoming the first carrier with vessels of this capacity to call West Africa directly. “With the 5, 700 containers (TEU) vessels calling West Africa in direct service, […]
