Debt-laden Tianjin Xingang Ship Heavy Industry in China is reportedly planning to cease all operations by the end of this…
14 Oct 2021
Bunker One and Red Sea Bunkering announce strategic alliance
Marine fuel suppliers Bunker One and Red Sea Bunkering have forged a new strategic alliance, with the goal of making Djibouti a key bunkering hub. The aim is to establish…
13 Oct 2021
Trafigura to invest in ammonia production to cut marine GHG emissions
Swiss commodity trading company Trafigura has reportedly revealed plans to invest in large scale low-carbon ammonia production plants. Trafigura chief executive Jeremy Weir told Reuters that the aim of the…
12 Oct 2021
DP World, CDC Group to develop Africa investment platform
Dubai-based port operator DP World has collaborated with the UK-based development finance institution CDC Group (CDC) to launch an investment platform that will invest in ports and logistics across Africa.…
12 Oct 2021
Golden Ocean signs shipbuilding agreement for four Kamsarmax vessels
Norway-based dry bulk shipping firm Golden Ocean Group Limited (GOGL) has signed an agreement for the construction of four 85,000dwt ECO-type Kamsarmax ships. In addition, the company will dispose of…
11 Oct 2021
Horisont Energi and Koole sign agreement for ammonia terminal development
Horisont Energi has signed a memorandum of understanding (MoU) to work in partnership with Koole Terminals on the development of an ammonia terminal and storage centre at the Port of…
11 Oct 2021
MSC and Chinese research institute collaborate on sustainable shipping
MSC Group has signed a memorandum of understanding (MoU) with the China Waterborne Transport Research Institute to mutually work towards the advancement of decarbonisation and sustainable development in the shipping…
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