Maritime business news from 2024 May 16 on the PortNews website.

Sea-Intelligence: Improved vessel delays may release more capacity ...

The newbuilds ordered by UME are due for delivery in 2027 and contracted a a total cost of approximately $70 million ...

The employees at HD Hyundai were convicted in November of acquiring military secrets related to the Korea Destroyer Next Generation project ...

Shell Singapore Pte Ltd, a subsidiary of Shell plc, has reached an agreement to sell its Energy and Chemicals Park in Singapore to CAPGC Pte. Ltd., a joint venture company between Chandra Asri Capital ...

CMA CGM to suspend Bremerhaven call on its SAFRAN service connecting East Coast South America with Europe, according to the company's release. This service will stop offering Bremerhaven, as from the ...

The contract scope of work covers the installation and integration of topside modules onboard the FPSO Errea Wittu ...

Russia, Tatarstan based Zelenodolsk Plant named after A.M. Gorky (Zelenodolsk Shipyard) today held an official launching ceremony for two ships being built for the Russian Navy fleet: the Project ...

The ships, adding 14,400 teu to the total orderbook, are expected to be delivered from second half of 2026 onwards ...

DP World has completed the acquisition of Savan Logistics, operator of the Savannakhet dry port in the Savannakhet Special Economic Zone (SEZ) in Laos, according to the company's release.

Höegh LNG and AIE announced a 15-year FSRU charter agreement for Hoegh Galleon in June 2022 Norway-based Höegh LNG Holdings Ltd. (Höegh LNG) has announced an agreement between Höegh LNG, Australian ...

Stena Line to increase cargo capacity by 30% on Stena Forerunner and Stena Foreteller ...