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DP World first-half profit jumps 52% to record $721m
Sultan Ahmed Bin Sulayem : Our strategy to focus on high margin cargo and to offer customised supply chain solutions World trade volume (goods and services) is forecast global growth at 3.2 per cent in 2022 and 2.9 per cent in 2023 DP World, one of the world’s largest port…
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ABS Rules Guide New Greener OSV
Blue G Battery System Technology to Support Sustainable Operations (KUALA LUMPUR) ABS is supporting the first offshore supply vessel (OSV) in Malaysia to feature an innovative vessel design and battery system to support more sustainable operations. The new generation OSV will be designed to ABS Rules, and ABS New Technology…
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Ardmore Shipping expands presence in Singapore to support energy transition plan
Ardmore Shipping has announced that it is expanding its presence in Singapore this year. Due to its global business and operations, Ardmore is formulating a more geographically balanced senior management team to serve the needs of its customers and partners. As part of this change, Mark Cameron, Ardmore’s Chief Operating…
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Adani Logistics to buy inland container depot for $105m
ALL will acquire an operational ICD with the capacity to handle 0.5 million TEUs. Adani Logistics (ALL), a wholly-owned subsidiary of Adani Ports and Special Economic Zone (APSEZ), has agreed to buy an inland container depot (ICD) in the Indian state of Gujarat. The deal will see ALL take over…
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ABS and DOE To Take A Fresh Look At Nuclear Energy For Commercial Maritime
ABS Contracted to Address Barriers to Adoption of Advanced Nuclear Technology at Sea (HOUSTON) The U.S. Department of Energy (DOE) has awarded ABS a contract to research barriers to the adoption of advanced nuclear propulsion on commercial vessels. The $800,000 research project – awarded by the DOE’s Office of Nuclear…
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Paxocean, Hong Lam Marine And Bureau Veritas Sign MOU To Develop Ammonia Bunker Vessel Design
SINGAPORE – PaxOcean Engineering Pte. Ltd. has signed a Memorandum of Understanding (MOU) with Singapore-based bunker vessel operator Hong Lam Marine and classification society Bureau Veritas (BV) to jointly develop an ammonia bunker vessel design. With the signing of this MOU, PaxOcean will focus on developing designs for ammonia-fueled and ammonia…
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EVENT : Sobhy discusses the preparations of the Electronic Sports Federation to launch a package of competitions
Dr. Ashraf Sobhy, the Egyptian Minister of Youth and Sports, met with the Board of Directors of the Egyptian Federation of Electronic Sports ( IESF ) headed by Sherif Abdel Baqi; To discuss the Federation’s preparations to launch a series of competitions and tournaments during the coming period and preparations…
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Building Materials Manufacturer YKK AP America Expands Residential Window Production Capabilities with New Facility in Bibb County
Today Governor Brian P. Kemp announced that YKK AP America Inc. (YKK AP), a technology-oriented manufacturer of commercial façade systems and residential windows and doors, will invest up to $125 million in an expansion that will include a new manufacturing facility and additional machinery and equipment in Bibb County. The…
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Port of Long Beach releases the Deep Draft Navigation Integrated Feasibility Report
This Final Integrated Feasibility Report with Environmental Impact Statement/Environmental Impact Report (IFR) presents a summary of the planning process, describes the affected environmental resources and evaluates the potential impacts to those resources as a result of constructing, operating and maintaining the Port of Long Beach Deep Draft Navigation Project. The…
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