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Chinese shipping conglomerate COSCO is seeking to purchase Overseas Orient Container Lines (OOCL), but if it wants approval from the Trump administration for the merger, it may have to spin off OOCL's valuable Long Beach Container Terminal.

German liner giant Hapag-Lloyd is planning to cut its CO2 footprint by 20 percent per TEU-kilometer by 2020 compared to 2016.

Norwegian transportation company The Fjords has taken delivery of its zero emission passenger vessel, Future of The Fjords.

Okskaya Sudoverf Shipyard (OKA Shipyard, part of UCL Holding) on 19 April 2018 launched the lead non-self-propelled tank barge of Project ROB20 "Belmax 1", being built for PAO STLC.

Yilport Holding continues improving the capabilities of its marine terminals. The company took over Puerto Bolívar of Ecuador in March 2017, and immediately started expansion investments.

The Port of Rotterdam Authority has launched a new app called Pronto to cut ship waiting time.

Driven by a strong growth in the container volumes, the port of Antwerp recorded its best quarter ever with a freight volume of 58.3 million tonnes.

Fujitsu, Singapore Management University (SMU), and A*STAR's Institute of High Performance Computing (IHPC), are collaborating to develop new AI and big data technologies for vessel traffic management in the Port of Singapore.

Today, 28 of the 100 world's largest ports in terms of total cargo volume handled offer incentives for environmentally-friendly ships, a new report released by the International Transport Forum (ITF) shows.

The giant containerships ordered by Mediterranean Shipping Company (MSC) at Korean yards last year will feature 23,000 TEU, based on the details released by German engine builder MAN Diesel and Turbo.

ABOUT US

Port Finance International provides online news and conferences worldwide. It is a platform and a community for senior industry experts and players to review and discuss the market. Our online news team provides daily coverage of international port finance, investment and operations news. A weekly e-newsletter- sent to readers free of charge - covers the key news and views of the week.

Port Finance International's conferences and training programmes are held across the globe. These events feature key industry figures and they address market challenges and trends as well as providing industry players with essential networking opportunities.

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