All articles by Carmen

Five largest port facility construction projects initiated globally in Q2 2022

North America’s financial services industry saw a drop of 25% in deal activity during April 2022

Shipping industry must cut sulphur emissions before 2020, says IMO secretary-general

International Maritime Organization (IMO) secretary-general Kitack Lim has urged the shipping industry to boost its efforts to cut sulphur emissions by using IMO 2020-compliant fuels before the regulation deadline on 1 January 2020.

LNG is the most “future-proof” marine fuel, says report

Liquified Natural Gas (LNG) is the most mature, scalable, and commercially viable alternative fuel currently available for the maritime industry, according to a new report released by SEA\LNG.

Maersk warns of uncertainty for shipping industry due to trade war

Shipping group A.P. Moller-Maersk posted its second-quarter profit report on August 15 which saw an increased share price by 7%. However, it warned that the US-China trade war could limit container traffic

Deals this week: Odfjell Terminals (OTBV), CSPL SPV, Caterpillar Marine, Wärtsilä

Odfjell Terminals (OTBV), a joint venture (JV) between Odfjell (51%) and Lindsay Goldberg (49%), has reached an agreement to divest its 29.75% indirect stake in Oiltanking Odfjell Terminals & Co (OOT) in exchange for $130m.