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LNG carrier owner and operator GasLog Partners LP has collected USD 111 million from its public offering which are likely to be used for future acquisitions from its parent company GasLog.

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Artificial intelligence is on the verge of changing the world, so much so that Port Technology has made it a key theme for its Container Terminal Automation Conference in 2018.

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Friday, 19 January 2018 10:00

Video Highlights Value of U.K. Ports

The British Ports Association (BPA) has launched a video highlighting the importance of ports to the U.K.'s economy. The film uses new economic impact study data produced for Maritime UK – an umbrella group promoting the industry – to highlight the value of the U.K. ports industry. The figures show that collectively the industry employs 101,000 people, handles almost 500 million tons of freight and contributes £7.5 billion ($7.9 billion) to the economy.

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China's first 20,000 TEU container vessel COSCO Shipping Aries is undergoing sea trials at the Port of Nantong after a naming ceremony on Tuesday.

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  • Liebherr device persuades thanks to excellent visibility and low fuel consumption
  • Worldwide service subsidiaries ensures short reaction times and optimal customer services
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Nigeria's Ibom Deep Seaport , a greenfield infrastructure located on the cusp of the Gulf of Guinea, has rolled out  the first phase of construction arrangements, with competitive bidding process, now declared open to investors.

This is one more time that Nigeria will be asking the global business community to take the lead in developing a major infrastructure asset under a Public - Private - Partnership scheme, spiced with incentives to attract investors' interest.

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Wednesday, 17 January 2018 09:49

Maersk and IBM Expand Blockchain Offerings

A.P. Moller - Maersk and IBM have announced their intent to establish a joint venture to offer blockchain technology to the global shipping industry. The jointly developed platform will be built on open standards and will address the need to provide more transparency and simplicity in the movement of goods across borders and trading zones.

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Tuesday, 16 January 2018 13:49

Turkey Announces Route for Kanal Istanbul

The government of Turkey has released the finalized route for a second shipping channel between the Black Sea and the Sea of Marmara, parallel to the Bosporus Strait.

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As part of its new year's resolutions, the Port of Amsterdam has decided to reduce shipping emissions and minimise the environmental impact in the coming years.

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Tuapse Commercial Seaport JSC (TCSP, part of UCL Holding) says it is going to spend USD 34,1 million (RUB 1.93 bn) of its own funds for financing of the company's investment programme in 2018.

According to the statement, this year's investment programme of Tuapse Commercial Seaport provides for "further development and implementation of promising investment projects aimed at increasing the company's cargo throughput and maintenance of its production facilities".

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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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