Connecticut-based maritime finance company FDX Offshore has acquired Singapore’s tanker pool operator Womar Logistics. Watson Farley & Williams (WFW) advised FDX Offshore on its acquisition.The partnership intends to expand its chemical tanker…
FDX Offshore Acquires Womar Logistics Read More »
As car carrier shipping is expected to continue its slow recovery, backed by better utilization and minimal vessel ordering, costs are increasing while the trade outlook seems vulnerable to emerging geopolitical risk. Slow car carrier recovery…
Car Carrier Shipping in Rough Weather Read More »
Europe’s energy landscape will be completely changed once the Dutch shut down the largest gas field on the continent years ahead of schedule, according to Rystad Energy.The Netherland recently announced that production at Groningen – Europe’s largest g…
Europe Looks for Gas as Groningen Folds Read More »
The Port of Los Angeles has announced a development opportunity for an Outer Harbor Cruise Terminal at Berths 46 and 50, with plans to release a Request for Proposal (RFP) later this fall.The proposal is intended for cruise lines, terminal operators…
Port of LA to Develop Cruise Terminal Read More »
Hyundai Heavy Industries (HHI) has received a General Approval from LR (Lloyd’s Register) for the company’s own-design LNG cargo tank, known as HiMEX.A General Approval is a higher level of approval issued by LR than an AiP (Approval in Principle).
HHI Showcases New LNG Cargo Tank System Read More »