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MSC buys a 49% stake in Messina

Genoa - The world’s no. 2 container line Mediterranean Shipping Company (MSC)has acquired a 49% stake in smaller Italian counterpart Messina, in another sign of consolidation in the sector

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Brexit, Cork and Amsterdam sign agreement

Cork - Port of Cork and Port of Amsterdam International have signed a collaboration agreement in Cork. Both ports will research in what areas they can strengthen and support each other

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Volvo and Dfds test autonomous container transport

Gothenburg - Danish international shipping company Dfds and Swedish automotive multinational Volvo have entered into a collaboration concerning their electric, connected and autonomous vehicle Vera

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Tanker attacks cause jitters among Gulf bond investors

Dubai - International bonds issued by Gulf Cooperation Council (GCC) states weakened on Thursday after two tankers were hit in suspected attacks in the Gulf of Oman, a month after a similar incident in which four tankers in the region were struck.

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EU to reduce bureaucracy in the shipping sector

Brussels - The European Council has taken the initiative to establish the European Maritime Single Window, a new environment for ships to reduce the administrative burden on the maritime sector

MSC to boost Costa Rican pineapples’s export
DNB appoints new chief executive
Japan shipping company Kokuka Sangyo says its tanker was attacked in Gulf
Alibaba files for HK listing that may raise $20 bln as soon as Q3
Oil prices surge after suspected tanker attack near Iran
Cargill cuts CO2 emissions from shipping fleet
Finland opens largest Nordic LNG Terminal

Finland opens largest Nordic LNG Terminal

Helsinki - The Tornio Manga LNG (liquefied natural gas), a joint venture between the Finnish companies Outokumpu Group, SSAB, Gasum Oy and EPV Energy Ltd., has inaugurated its plant in Tornio, northern Finland

Fitch: “3D Printing will affect ports”
Bimco: “Container market demand weakens”
Norway fund may have to offload $1 bln stake in Glencore in shift away from coal / GRAPHIC

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VIDEOOceanic Awakening