European maritime clusters will meet the European Commission (EC) next month to discuss launching a "tool for maritime policy-making" to strengthen the fortunes of Europe's blue economy and in turn ...
‘Policy-making tool’ will strengthen EU Blue Economy
Massive dredging needed for Indian port-led cluster project
Capital dredging works on an unprecedented scale is on the cards as the Indian government pushes its ambitious Sagarmala project that will see regional economic clusters centred on port ...
Ningbo, Zhoushan ports complete merger
Shanghai-listed Ningbo port on 29 September completed merger procedures with Zhoushan port. The new company will be known as Ningbo-Zhoushan Port Group. Ningbo and Zhoushan branches of state-owned ...
Italdraghe weed dredger for Lake Victoria
Dense mats of water hyacinth and hippo grass steadily taking over Lake Victoria have closed the fishing and tourist boating industries in Kenya's third largest city, Kisumu, and are threatening fish ...
GLDD wins LNG terminal contract
LNG exporter Cheniere Energy has tapped US dredging contractor Great Lakes Dredge & Dock (GLDD) to dredge two ship berths at its marine terminal being built in Corpus Christi, Texas. The project, ...
EBRD takes stake in Turkish port operator
The European Bank for Reconstruction and Development (EBRD) will take a 10.84% stake in the capital of fast-growing Turkish cruise port operator Global Ports Holding. The bank said the proceeds of its ...
Fresh cargo outlook brightening
Demand for ocean shipping capacity by producers and importers of fresh food is bound to grow faster in the coming years despite economic difficulties in key emerging markets, experts have ...
Hundai Mipo wins box ship pair
Hyundai Mipo Dockyard has won a contract for the construction of two 25,000 dwt container ships from Seoul-based Nam Sung Shipping Co. The 1,600 teu vessels will be built for Seoul-based Nam Sung ...
Indian recyclers win ClassNK compliance
Two years after applying for a ClassNK certification for internationally compliant shipbreaking, two Indian yards have been issued with statements of compliance (SoCs). The SoCs were issued to yards ...
Analysts: Sembcorp Marine faces profits reversal
Singapore rig builder Sembcorp Marine may reap lower profits as more customers request to defer rig deliveries, a securities house has predicted. Demand for rigs and drillships has shrunk as oil ...
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