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Cepsa and the Port of Rotterdam join up to create the first green hydrogen corridor
Cepsa and the Port of Rotterdam are to work together to establish the first green hydrogen corridor between southern and northern Europe, ensuring a green hydrogen supply chain between two of Europe’s main ports, Rotterdam and Algeciras, as agreed in the Memorandum of Understanding (MoU) signed by both parties. •…
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Adani Ports and Special Economic Zone gets NCLT approval for the acquisition of Gangavaram port
With the acquisition of the remaining 58.1% stake, APSEZ will own 100% of Gangavaram Port; this stake purchase is through a share swap arrangement Gangavaram Port is the third largest non-major port capable of handling fully laden super cape size vessels with nine berths and free hold land of 1800…
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Hapag-Lloyd AG acquires terminal business of SM SAAM S.A.
Acquires stake in 10 terminals in six countries Presence in Latin America and terminal business further strengthened New company to operate as independent entity Hapag-Lloyd AG and SM SAAM S.A. signed a binding agreement today under which Hapag-Lloyd will acquire 100 % of the shares of SAAM Ports S.A. and…
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ABS AIP Supports DSME to Bring Hybrid Power Systems to Large LNG Carriers for More Sustainable Operations
(MILAN) ABS has awarded approval in principle (AIP) to Daewoo Shipbuilding & Marine Engineering Co. Ltd. (DSME) for its hybrid power system, a configuration previously limited to smaller vessels in the maritime marketplace, to aid large liquified natural gas (LNG) carriers. The hybrid power system configuration includes a Battery Energy…
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Powerful international shipping personalities meet in Limassol for the Maritime Cyprus 2022 conference
Highlights from day one of the conference emphasize the importance of collaboration in achieving shipping’s ambitious sustainability goals Today marked the opening of the internationally renowned “Maritime Cyprus 2022” Conference at the Carob Mill Conference Centre in Limassol. Organized in partnership by the Shipping Deputy Ministry of the Republic of…
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