Two years after the inauguration of the Expanded Panama Canal, Standard & Poor’s (S&P) Global Ratings revised its outlook on the Panama Canal from stable to positive – demonstrating the global impact of the historic waterway. The rating agency also affirmed...
Central LNG Shipping Japan Corporation (CLS) placed an order a 3,500 m3 LNG bunkering vessel (LBV) on July 6, the first to be operated in Japan. The joint venture company, established by Kawasaki Kisen Kaisha, Chubu Electric Power, Toyota Tsusho Corporation, and...
Hamburger Hafen und Logistik AG (HHLA) finally assumed full responsibility for Estonia’s largest terminal operator, Transiidikeskuse AS (TK). The last conditions that the sales contract dated 26 March 2018 was subject to were recently fulfilled, resulting in all...
Former Deputy Director General of the Danish Maritime Authority, Mrs. Birgit Sølling Olsen, is set to receive the 2017 International Maritime Prize. This was decided yesterday on July 4th by the governing body of the International Maritime Organization, the IMO...
The Panama Canal marked the two-year anniversary of the inauguration of its Canal Expansion, the largest enhancement project in the waterway’s 103-year history. To date, the Canal has transited 3,745 Neopanamax vessels, traffic that confirms the route’s efficiency and...
