Latest News for: Shipping investment


Predictive emissions index launches

Splash24/7 25 Feb 2021
Assessing whether ships merit further investment to keep pace with the IMO average efficiency ratio (AER) underpinning the principles will be key but, to date, exact emissions targets have not been forthcoming ... “The owner calculates an individual ship’s standard deviation from the ...

WATCH: Port Canaveral Becomes America’s First Liquefied Natural Gas Cruise Port

Space Coast Daily 25 Feb 2021
And, in the maritime industry, 80 new cruise ships are on order, of which 26 will operate on LNG fuel ... With new global emissions standards for ships taking effect in January 2020, our Port must invest in developing our capabilities, partnerships and infrastructure to support its use.

MOL Group to transport LPG on National Waterways

Business Line 25 Feb 2021
The world’s largest gas carrier company, MOL Group will invest for construction and operation of dedicated LPG barges under Make-in-India initiative, the Ministry of Ports, Shipping and Waterways said in a statement. Aegis Group has also proposed investments to set up storage ...

Rs 77K-cr investment expected in Kandla

The Times of India 25 Feb 2021
DPT authorities made this details public at a press meet organized ahead of the virtual Maritime India Summit-2021 to be organized from March 2 to 4 by the union ministry of ports, shipping and waterways. Forty MoUs that will bring investment to the tune of Rs 77,000 crore will be inked during the meet.

Lea County moves to Yellow

Hobbs News-Sun 25 Feb 2021
Health care operations including hospitals, walk-in-care health facilities, pharmacies, medical wholesale and distribution, home health care workers or aides for the elderly, emergency dental facilities, nursing homes, residential health care facilities, research facilities, ...

SPLENDOR IN THE GLASS: Wine futures vs. pre-arrivals

Crossville Chronicle 24 Feb 2021
Last month, I ordered some wine and when it didn’t arrive in a timely manner — which is very unusual for them not to ship promptly — I emailed to ask when my order will be shipped. I was told that my order is a ‘’pre-arrival’’ order and will not be available to ship until the first of March! ... The biggest risk of all — you could lose your investment.

INSW Stock: A Bullish Energy Play as Oil Chugs Along

Money and Markets 24 Feb 2021
How long does it take to move a massive oil tanker, a ship designed to transport huge quantities of oil and gas products? ... That means there are still plenty of investment opportunities hidden within ... These new ships see about a 25% investment yield and stand to increase the company’s bottom line ... Chief Investment Strategist.

COBRA Battery System from Becker Marine Receives DNV GL Certification

The Maritime Executive 24 Feb 2021
With DNV GL certification obtained in February 2021, the pioneering COBRA battery system has achieved the highest standard of safety and can thus be used for a wide range of inland waterway and maritime shipping applications ... To meet this demand in the future, the Hamburg-based company will continue to invest in the expansion of its infrastructure.

CIT Serves as Sole Lead Arranger on $45 Million Financing for Container Ships

Hellenic Shipping News Worldwide 24 Feb 2021
... investment manager with substantial expertise is shipping assets.

Mangaluru: NMPT signs 7 MoUs for projects worth Rs 1,417 crore

The Times of India 24 Feb 2021
... a proposed investment of Rs 637 crore ... AV Ramana Chairman, NMPT said, virtual Maritime India Summit 2021 (MIS) is being organized by the Ministry of Ports, Shipping and Waterways from March 2- 4 to promote both domestic and international investment in the Indian maritime sector.

NMPT signs 7 MoUs with stakeholders

Business Line 24 Feb 2021
The summit will be conducted by the Union Ministry of Ports, Shipping and Waterways from March 2-4 with the aim of promoting both domestic and international investment in the Indian maritime sector, he said.

Port of Johnstown records $4M surplus in ‘a year like no other’

Ottawa Business Journal 24 Feb 2021
Several capital improvements were undertaken in 2020 for a total investment of $4.2 million, notably nine new ship loading spouts, replacement of rail ties, completion of a 16,000-ton storage bin, dust collection system improvements, new conveyor belt, new utility vehicle, and new eavestroughs and heat cables.

Fintech startup Finix closes on $3M in Black and Latinx investor-led SPV

Crunch 24 Feb 2021
... now Finix investor), the SPV gives “talented, knowledgeable investors and operators from diverse backgrounds — especially Black and Latinx people — who have traditionally been excluded from investing early in rocket ship startups” a chance to be able to do so.