Latest News for: Shipping investment


CMA CGM taps Google to develop AI solutions

Splash24/7 18 Jul 2024
“This collaboration aligns with our digital roadmap and investments. Together with Google, we will lead the digital revolution in shipping, logistics ...

Ship recycling initiative underway in the Kingdom of Bahrain

SAFETY4SEA 17 Jul 2024
A Memorandum of Understanding (MoU) has been signed among key stakeholders to establish a ship recycling initiative in Bahrain ... Generally, Organizations are increasingly investing in sustainable ship recycling practices.

ONE strikes 10-ship newbuilding deal to double down on methanol fuel bet

Tradewinds 17 Jul 2024
... supercharged an order for methanol-fuelled newbuildings at a time of intense investment in new container ships.

Shipbuilding industry cruises amid headwinds

ECNS 17 Jul 2024
"We have increased our investment in technological innovation to develop high value-added ships equipped with advanced methanol and LNG dual-fuel power systems, while maintaining our advantage in building multipurpose heavy lift vessels," said Zhou.

Evangelos Marinakis doubles newcastlemax play by snapping up ship from mining firm

Tradewinds 17 Jul 2024
... reported last week how Marinakis entered the arena with a $75m swoop on a Berge Bulk ship.

White House Launches Fifth Investing in America Tour to Highlight How President Biden’s Agenda is ...

The White House 17 Jul 2024
Undermine $877 billion in private sector manufacturing and clean energy investments spurred by the President’s Investing in America agenda and ship hundreds of thousands of jobs in clean energy and ...

Harland & Wolff Denies Media Reports New UK Government Will Reject Bailout

The Maritime Executive 17 Jul 2024
They noted that all four yards are now fully operational and that investments have already begun for the Royal Navy fleet support ships to be built as part of a consortium with Navantia.

US court orders federal regulators to assess emissions of Louisiana LNG project

Natural Gas World 17 Jul 2024
WASHINGTON, July 16 (Reuters) - A U.S ... The U.S ... Advertisement. ... Commonwealth has not made a final investment decision (FID) yet. If developed, the project is expected to begin shipping 9.5 million tonnes a year of LNG from Cameron, Louisiana, in 2028.

Planned container terminal at Sparrows Point to add $1.54 billion annual impact with 8,000 jobs, ...

Baltimore Sun 16 Jul 2024
“Through this investment we wish to create the required extra capacity to allow shipping lines to use Baltimore — in addition to its current hinterland — also as a major intermodal ...

Global demand, economic recovery drive China ship exports to surge 91%

ECNS 16 Jul 2024
(ECNS) -- In the first half of 2024, China's ship exports saw a staggering increase of 91.1 percent, far exceeding the 22.2 percent export growth of automobiles ... Manufacturers up investments in services trade2024-07-15.

Communist China makes shocking number of crucial US military equipment components: report

Life Site 16 Jul 2024
could use its allies – which would include Japan and South Korea – to open shipyards to assist with ship production, bringing vital technology and techniques with them ... government is reluctant to invest more funding into ship manufacturing.

‘The pros have a system’: Expert reveals 5 ways cruise passengers are wasting money

The Daily Dot 16 Jul 2024
If you’ve been on a cruise ship recently, you might’ve spent more than you needed to ... View of the casino and gaming machines inside the MSC Seashore cruise ship. Most large, mainstream cruise ships have casinos ... a man enjoying a cocktail on cruise ship.

Yangzijiang bets on continued shipbuilding boom with $400m new yard plan

Lloydslist 16 Jul 2024
Yangzijiang is planning to invest over $400m to build a new ‘clean energy ship manufacturing base’ .

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President Joe Biden departs after speaking at the NAACP Convention, Tuesday, July 16, 2024, in Las Vegas, Nevada.
White House / Adam Schultz