Global Issues

Wallenius’ Historic LNG Mega Ice Class Vessels

Wallenius-SOL, the new European carrier launched by Wallenius and Swedish Orient Line (SOL), has released design images of its new fleet of ultra-large ice-class liquefied natural gas (LNG) powered RoRo vessels.

Hapag-Lloyd Booms Thanks to Strong Dollar

Hapag-Lloyd, the world’s fifth-biggest container shipping line by market share, has announced that its earnings before interest, taxes, depreciation and amortisation (EBITDA) increased by US$290 million in the first quarter of 2019, thanks largely to stronger transport volumes, freight rates and US dollar.

HVCC to Release Digital Data Platform

Hamburg Vessel Coordination Center (HVCC) has announced a digital platform specifically for inland waterway vessels will allow ship calls to be coordinated centrally in the future.

Adani Gets Green Light for New Asia Terminal

Adani Yangon International Terminal (Adani) will develop a new terminal on Yangon River after receiving final approval from the Myanmar Investment Commission, according to the Directorate of Investment and Company Administration (DICA).

Abu Dhabi Ports and Dell Sign Technology MoU

Abu Dhabi Ports has revealed the signing of a Memorandum of Understanding (MoU) with Dell Technologies, forming a partnership to develop technology-based concepts for the maritime sector

Singapore Invests in MSC-Backed TIL

GIC, Singapore’s sovereign wealth fund, has acquired a 10% stake in Terminal Investment Limited (TIL), the sixth largest container terminal operator in the world and whose majority shareholder is MSC, from Global Infrastructure Partners (GIP) and other existing co-investors.

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