Japan is emerging as an early adopter of advanced fire detection systems on RoRo vessels, according to inspection data from Idwal, a global vessel condition specialist.While fire safety on RoRo vessels has come under increasing scrutiny, particularly…
Japan Early Adopter of Advanced RoRo Fire Detection Read More »
French shipping group CMA CGM and U.S. investment firm Stonepeak have agreed to create a joint venture valued at nearly $10 billion to operate and invest in port terminals, including in the United States, the companies said on Wednesday.CMA CGM…
CMA CGM to Form Port JV with Stonepeak Read More »
Egypt said on Wednesday that it is working on securing the release of four citizens who were detained by Iran last month after Tehran seized a foreign tanker on charges of carrying “smuggled fuel” in the Gulf.In a statement, the Egyptian foreign…
Egypt Seeks Release of Four Citizens on Tanker Seized by Iran Read More »
Oil producer Chevron is set to boost exports of Venezuelan crude to the U.S. to some 300,000 barrels per day (bpd) in March, from 100,000 bpd in December and some 230,000 bpd so far this month, two sources with knowledge of the plans said on Wednesday….
Chevron to Boost Exports of Venezuelan Oil to US in March Read More »
Germany’s budget committee approved a preliminary contract to purchase MEKO A-200 class frigates from warship builder TKMS on Wednesday and will release 50 million euros ($59.70 million) for them, according to two committee members.After a years-long d…
German to Purchase TKMS Frigates Under $59m Contract Read More »