MacGregor, part of Cargotec, has completed the construction of FibreTrac, the first fibre-rope offshore crane to enter the market.The FibreTrac crane has a 150-tonne safe working load (SWL) capacity. It features a rope monitoring and management…
MacGregor Builds 1st Offshore Fiber Rope Crane Read More »
The provider of international crude oil and gas marine transportation, Teekay Corporation announced an agreement to sell to Brookfield Business Partners all of the Company’s remaining interests in Teekay Offshore Partners for total proceeds…
Teekay Sells Offshore Stake to Brookfield Read More »
India’s Mercator, which has diversified from being only a “Shipping” company to an “Energy focused conglomerate”, has clinched a deal to sell its last very large crude carrier (VLCC).In a stock exchange announcement, the company has confirmed that it h…
Mercator Sells VLCC Nerissa Read More »
Nowegean bulk ship operator Belships has agreed to acquire the 55,866 dwt bulk carrier M/V SEPHORA from Prospero Marine Ltd, a company controlled by Greek shipowner Elias Kulukundis.The vessel was built by Kawasaki Heavy Industries, Japan in 2007…
Belships Buys Supramax Bulk Carrier Read More »
The leading companies operating in the city of Venlo in the Dutch province of Limburg, which is one of the largest logistics and transport hubs in Europe, have started cooperation with Baku International Sea Trade Port CJSC.Last week, a Memorandum…
Port of Baku Pact with European Logistics Hub Read More »