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Danish A.P. Møller Mærsk group (Maersk) has secured clearance from the European Commission for its proposed creation of a joint venture with the U.S.-based IT expert International Business Machines (IBM).

Investment in port infrastructure to support swelling reefer trade comes at a price, finds Alex Hughes

The International Chamber of Shipping (ICS) has said that governments must compromise to help IMO pass an ambitious strategy for reducing CO2 emissions by shipping that will match the expectations of the Paris Agreement on climate change.

A crane to train

  • Liebherr mobile harbour crane LHM120 delivered to Belgium port worker training centre OCHA
  • The new machine is the third training device Liebherr provided to OCHA

With most ship owners adopting a wait-and-see stance, when it comes to adopting solutions ahead of the 2020 IMO rule on low-sulphur marine fuels’ use, a trend seems to be slowly, but surely emerging. As things stand, pushing towards a single, cheap and omnipresent new generation fuel seems to be a few years away, meaning that owners are left with few options, namely scrubbers, said Allied Shipbroking.

A planned new container terminal at the Port of Abidjanbe will receive €400m from Bollore Group with additional investment from Maersk.

U.S. exports of LNG reached 1.94 billion cubic feet per day (Bcf/d) in 2017, up from 0.5 Bcf/d in 2016. U.S. LNG exports in 2017, all of which originated from Louisiana's Sabine Pass liquefaction terminal, reached 25 countries.

Kalmar, part of Cargotec, has signed a deal with Deepwater Container Terminal (DCT) Gdansk in Poland to supply five electrically powered rubber-tyred gantry cranes (RTGs) with extensive customization.

DP World will invest up to US$ 1 billion on a greenfield multi-purpose port project at Banana, Democratic Republic of the Congo (DRC), after securing a 30-year concession with an option of a further 20-year extension for the management and development of the facility.

Dutch Damen Shipyards Group is expecting that Romanian government's pre-emption right regarding Mangalia shipyard will be waived by the end of the month, enabling Damen to acquire a share in the yard.

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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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