India’s largest port developer Adani Ports and Special Economic Zone (APSEZ) has agreed to pick up 97% stake in Marine Infrastructure Developer (MIDPL) from Larsen & Toubro at an enterprise value of Rs 1,950 crore ($284 million). According to a press r…
Adani Ports Acquires Kattupalli Port Read More »
Dubai-based ports operator DP World has revealed plans to set up a logistics facility in landlocked Ethiopia, a move that comes as the company is developing a port in neighboring Somaliland. A reuters report quoting the United Arab Emirates state news …
DP World Plans Logistics Facility in Ethiopia Read More »
Tokyo court issues temporary restraining order to prohibit repayments as firm looks to restructure.
Japan Drilling Co seeks court protection Read More »
Shipping technology startup CargoMate has closed a GBP 500,000 seed investment round. The investment allows the company to continue the development of their port call optimisation platform for container ships and expand the number of shipping companies…
CargoMate Close Seed Investment Round Read More »
The Swedish Club warns that vessel operators should always look to the long term, when specifying the type of engines to be installed across the fleet. Latest statistics from the Club show that vessels propelled by medium/high speed engines…
Slow, Steady Vessels Lower Operating Costs Read More »