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In 2017, Marine Recruiting Agency LLC (MRA, part of UCL Holding) trained 2,927 specialists including port dockers, road building workers and warehouse employees, which represents a 23% growth from 2016. The firm attributes the increase to the expansion of its training programmes range and the geography of services.

The acquisition of Eling Wharf follows strong trade at Southampton and is expected to secure local employment and support British businesses.

Technology investments in the maritime industry are getting close to USD 1 billion, according to data by Crunchbase, a database of technology investments.

The Prime Shipping Foundation became the first organization to invoice freight in cryptocurrency in December 2017.

Late last year, Ningbo-Zhoushan port in China reported that its annual cargo throughput has hit one billion tons. Located at the intersection of Silk Road Economic Belt and the 21st Century Maritime Silk Road on the south wing of Yangtze River Economic Belt, Ningbo-Zhoushan Port has the largest deepwater berths and most arrivals of China's ports.

Danish container shipping giant Maersk Line has followed in the footsteps of its counterparts CMA CGM and Hapag-Lloyd and joined the New York Shipping Exchange (NYSHEX) as its third founding member.

Maersk is among a diverse group of environmental organisations and members of the global shipping industry that have demanded the end of the carriage of non-compliant marine fuels by 2020 when the global sulphur cap takes place.

Chinese port operator COSCO Shipping Ports Limited has signed an agreement with Port of Zeebrugge in Brussels, Belgium for the concession terms of CSP Zeebrugge Terminal (CSP Zeebrugge).

DP World and India's National Investment and Infrastructure Fund (NIIF) have set up a USD 3 billion worth investment platform to invest in ports, terminals, transportation and logistics businesses in India.

Dutch electrical firm Werkina, Lloyd's Register, Asto Shipyard and inland barge operator Port-Liner are working on Europe's first electrically powered inland container vessel. The first five small ships in the series will be completed this year, and six larger vessels are in the works.


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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