Latest News for: Shipping investment


Hamburg First in Europe to Supply Shore Power for Containerships

The Maritime Executive 20 May 2024
To facilitate shore power connections to box ships, Hamburg began investments two years ago in the necessary infrastructure culminating in a plant that will operate at the container terminal providing connections for three mega-ship berths.

Unsteady EV demand drives tension between suppliers and automakers, survey finds

Detroit news 20 May 2024
Instead of suppliers having major capital investments like new plants or production lines paid for over time by each part that is shipped, automakers should consider funding some of those major ...

Mitsui to Invest in Ship Investment Fund Managed by Navigare Capital Partners (Mitsui & Co Ltd)

Public Technologies 20 May 2024
Accumulated operating assets have reached approximately USD 2 billion, and Navigare has built up an excellent investment track record in a diverse range of maritime assets through the effective utilization of its large global shipping network.

Ships in some UK port cities create more air pollution than cars

AOL 19 May 2024
Ships calling at the UK’s most-polluted ports produce more nitrogen oxides than all the cars registered in the same cities or regions, analysis has shown ... Cruise ships polluting UK coast as they ignore greener power options.

SIFC representative visits PGPL LNG terminal at Port Qasim

The News International 19 May 2024
Shipping containers are seen stacked on a ship at a sea port in Karachi ... PGPC and its associates are encouraged by SIFC’s single-minded focus to encourage investment and economic growth.

Chinese warships dock in Cambodia for naval exercises

Taipei Times 19 May 2024
Cambodia has long been a staunch ally of China and has received billions of dollars in investment ... People wave Chinese and Cambodian flags as the Chinese training ship Qijiguang prepares to dock with a banner reading.

Atomico invests in startup Harbor Lab

Ekathimerini 18 May 2024
Ben Blume, a partner at Atomico, has a long list of reasons to explain why the company that manages funds amounting to $4.5 billion is investing in Harbor Lab, the Greek startup that is attempting to digitize the shipping industry.

We must copy the US to catch up, says HAMISH MCRAE

The Daily Mail 18 May 2024
The continued high level of investment by private equity houses is another. But if you look at investment by UK funds, the outflow of money has continued relentlessly since 2016 ... DIY INVESTING PLATFORMS. Easy investing ... Investment ideas ... Social investing.

China targets economic integration with Taiwan's Matsu Islands

Beijing News 18 May 2024
10-point plan aims at increasing shipping and investment between Fuzhou and the Matsu Islands, which are about 20 km apart ... increased trade, shipping, and economic exchanges with Lienchiang County.

Alarming Trajectory: Shipping Industry Faces Potential Surge in Greenhouse Gas Emissions

The Arabian Post 17 May 2024
Investing in shore-side infrastructure, such as shore power facilities that allow ships to plug into the electrical grid while docked, can also contribute to reducing emissions ... Shipping Industry Faces Potential Surge in Greenhouse Gas Emissions ....

OceanPal and George Economou bury the hatchet

Splash24/7 17 May 2024
Economou, who owns 14.1% of the Nasdaq-listed spinoff of Diana Shipping via his investment vehicle Sphinx, has been seeking departures from five of OceanPal’s seven current directors, including ...

Transport Corp to acquire two cargo ships worth $40 mn in FY25

Live Mint 17 May 2024
How political parties are using AI to bring personalities to lifeIn FY25, TCI plans to invest ₹375 crore, with ₹75 crore allocated for ship acquisition to support its seaways operations, which ...

Christen Sveeas sues Solstad Offshore board and Aker Capital

Splash24/7 17 May 2024
Christen Sveeas’ investment company Kistefos has filed a class action lawsuit against the board and chief executive of Solstad Offshore and Kjell Inge Røkke-controlled Aker Capital ... His other OSV investments include Sweden’s Viking Supply Ships.

IMF says economic growth in St Kitts-Nevis poised to accelerate - Jamaica Observer

Jamaica Observer 17 May 2024
It said that public and private sector investments, including on renewable energy, will add to the productive capacity of the economy, and lower energy imports will increase national income.