The West Africa Container Terminal (WACT) is quickly earning a reputation as the gateway to Eastern Nigeria and a strong alternative to ports in Lagos.Investment in the Phase 2 upgrade, due to commence within the next 18 months, will help meet volumes…
WACT to commence Phase 2 Upgrade Read More »
Low-sulfur fuel sales rose sharply in Rotterdam in the last quarter leading up to the implementation of International Maritime Organisation (IMO) 0.5pc sulfur cap on 1 January.According to Port of Rotterdam, the demand for LNG, bio and low-sulfur…
Green Bunker Demand Jumps at Rotterdam Read More »
Norwegian technology enterprise Kongsberg Maritime announced that contracts have been signed for the sale of a HUGIN AUV System to the Indian National Institute of Ocean Technology (NIOT), located in Chennai, India.According to a statement from Kongsbe…
Kongsberg Sells HUGIN AUV System to NIOT Read More »
Global demand for liquefied natural gas (LNG), rose by 12.5% to hit 359 million tons last year, according to Royal Dutch Shell’s annual LNG Outlook report.According to the forecast by Shell, LNG demand was expected to double by 2040 to 700 million ton…
Global LNG Demand to Double by 2040: Shell Read More »
For 2020, global container demand is projected to grow by 1-3%, as per forecast by A.P. Moller – Maersk.The continued weak global sentiment above all in the manufacturing sector reduces the likelihood of a material growth pick-up in 2020, although sent…
Global Container Demand to Grow by 1-3% in 2020 Read More »