Green Marine
European, UAE Terminals Keep DP World Steady
Port operator DP World Limited handled 46.5 million TEU across its global portfolio of container terminals during the first nine months of 2015, with gross container volumes growing by 3.2% on a like-for-like basis. On a reported basis gross volumes grew by 3.7%, largely driven by business results o
European, UAE Terminals Keep DP World Steady
Port operator DP World Limited handled 46.5 million TEU across its global portfolio of container terminals during the first nine months of 2015, with gross container volumes growing by 3.2% on a like-for-like basis. On a reported basis gross volumes grew by 3.7%, largely driven by business results o
Port of Antwerp Looks to Mend Severed Ties with Iran
A delegation from Belgium’s port of Antwerp paid a visit to Iran last week to explore the possibilities of reestablishing shipping and commerce ties, shortly after the European Union adopted a framework to lift its nuclear-related economic and financial sanctions and open up this market of around 80
Port of Antwerp Looks to Mend Severed Ties with Iran
A delegation from Belgium’s port of Antwerp paid a visit to Iran last week to explore the possibilities of reestablishing shipping and commerce ties, shortly after the European Union adopted a framework to lift its nuclear-related economic and financial sanctions and open up this market of around 80
Hapag-Lloyd: Outlook for 2015 Stays Unchanged
Responding to queries received following Maersk’s cutting of profit outlook on Friday, German shipping company Hapag-Lloyd said that its outlook for 2015 remains unchanged. Namely, Danish shipping and energy conglomerate Maersk lowered its expectations for Maersk Line’s business results for 2015 ami
Hapag-Lloyd: Outlook for 2015 Stays Unchanged
Responding to queries received following Maersk’s cutting of profit outlook on Friday, German shipping company Hapag-Lloyd said that its outlook for 2015 remains unchanged. Namely, Danish shipping and energy conglomerate Maersk lowered its expectations for Maersk Line’s business results for 2015 ami
Maersk Oil Cuts Workforce
Maersk Oil, a Danish oil and gas company owned by the A. P. Moller-Maersk Group, revealed today its intention to implement workforce reductions of 10-12% across its business as the company pushes to cut costs by 20% by the end of 2016. The decision will result in 1,250 layoffs across the organisatio
Maersk Oil Cuts Workforce
Maersk Oil, a Danish oil and gas company owned by the A. P. Moller-Maersk Group, revealed today its intention to implement workforce reductions of 10-12% across its business as the company pushes to cut costs by 20% by the end of 2016. The decision will result in 1,250 layoffs across the organisatio
Greece Pushes Back Port Piraeus Bid Deadline
Companies interested in buying a majority stake in the Port of Piraeus now have until December 3 to submit their binding bids, after Greece recently postponed the deadline initially set for October, Reuters cited Stergios Pitsiorlas, the head of the country’s privatization agency, as saying. Pitsior
Greece Pushes Back Port Piraeus Bid Deadline
Companies interested in buying a majority stake in the Port of Piraeus now have until December 3 to submit their binding bids, after Greece recently postponed the deadline initially set for October, Reuters cited Stergios Pitsiorlas, the head of the country’s privatization agency, as saying. Pitsior
Shipping Emissions Part of New Paris Climate Draft
International shipping and aviation emissions have been reinserted into the draft Paris agreement during the five-day climate talks held in Bonn, Germany, last week. However, the draft’s language needs to be considerably strengthened if it is to help curb the two sectors’ climate impact, according t
Shipping Emissions Part of New Paris Climate Draft
International shipping and aviation emissions have been reinserted into the draft Paris agreement during the five-day climate talks held in Bonn, Germany, last week. However, the draft’s language needs to be considerably strengthened if it is to help curb the two sectors’ climate impact, according t
EIB and Dublin Port to Hammer Out EUR 100 Million Loan Deal
The Vice President of the European Investment Bank (EIB), Jonathan Taylor, will meet today with Dublin Port Company representatives to finalize EUR 100 million (USD 110.5m) financing arrangements for Dublin Port’s Alexandra Basin Redevelopment (ABR) Project. The EIB has committed to providing the EU
EIB and Dublin Port to Hammer Out EUR 100 Million Loan Deal
The Vice President of the European Investment Bank (EIB), Jonathan Taylor, will meet today with Dublin Port Company representatives to finalize EUR 100 million (USD 110.5m) financing arrangements for Dublin Port’s Alexandra Basin Redevelopment (ABR) Project. The EIB has committed to providing the EU