MOL seeks oil in Mexican waters 
Modec and MOL have joined forces in a long-term charter business to provide a floating production, storage, and offloading system (FPSO) for use in the offshore Area 1 block on the coast of Mexico. A loan agreement for the project was entered into on 12 April 2019. Mitsui... more
DNVGL approves Chinese offshore units
The maritime classification company DNV GL has presented China Merchants Heavy Industry (CMHI) with approval in principle (AIP) certificates for two new offshore units: an arctic single column drilling unit and a wind turbine shuttle. The certificates confirm that DNV GL has... more
Special investment in Liverpool
Jenkins, a national logistics provider specialising in paper, pulp and other forest products, is to invest in a GBP 17 million new custom-built warehouse at the port of Liverpool. Jenkins, which has been a tenant at the port for ten years, has reached an agreement on... more
Stena's next newbuild joins the fleet
The “Stena Edda” will enter service on the Belfast-Liverpool route in spring 2020. It is the second of three new e-flexer vessels bound for the Irish Sea during 2020 and 2021, a multi-million pound investment by Stena Line in the region. The ‘float out’ ceremony started at 13.18... more
Zim chooses blockchain technology
Zim Integrated Shipping Services has become a member of Tradelens, a blockchain-enabled digital shipping solution jointly developed by A.P. Moller - Maersk and IBM. Tradelens uses blockchain technology to support digitised global trade documentation processes between... more
LNG on the Rhine 
Many European sea hubs have led the way with LNG bunker stations; now inland ports want to join the show. The European Commission is supporting the construction of a bunker station in the German inland port of Cologne. The starting shot will be fired in June. more
Electronic payment for seafarers
Seafarers employed on vessels owned by the Greek carrier Tsakos, which are operated by Columbia ship management, will now be paid electronically as opposed to ‘cash-by-master’, under an agreement signed with global maritime payments provider Ship Money. The deal means that... more
Firms demand the expansion of the port of Riesa
Central Germany’s logistics network supports plans to expand the inland port of Riesa on the river Elbe. The trimodal container terminal already handles more than 40,000 teu per year, and has thus reached the limit of its capacities. A new port terminal would be beneficial... more
New East Africa service launched
Hamburg-based Maritime Carrier Shipping (MACS) and Universal Africa Lines, Limassol (Cyprus) are launching a joint multipurpose service from North Western Europe to East Africa. The service will transport containers, break bulk, project cargo, heavy lifts and neobulk cargoes... more
New bridgehead in Turkey for Aco Marine
Turkey’s increasing market share in the shipbuilding and repair sectors has led Aco Marine to appoint Istanbul-based Esko Marine as its agent for the region. Aco Marine, a company specialising in wastewater management solutions, has seen a shift in focus from Far Eastern yards... more