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europe

ports

New DP World terminal starts up in Guayaquil

Guayaquil - Global terminal operator DP World has commenced operations at its new greenfield container port in Posorja, Ecuador, located near the approaches to Guayaquil. The $ 540 million first phase of the project entailed the construction of a 750,000 TEU capacity terminal

markets

BP CEO draws up plan to step down

London - BP Chief Executive Officer Bob Dudley is drawing up plans to step down next year, ending a tumultuous decade at the helm of the oil and gas company that swung from near collapse in 2010 to rapid growth

shipping

Rotterdam’s project to cut CO2 emissions

Rotterdam - The port and the industries of Rotterdam are working on a series of projects to achieve a total of 20 to 25% of the Dutch CO2 reduction target for 2030

shipping

UK “will cooperate to protect international shipping”

London - Britain will cooperate with its overseas partners to protect shipping and uphold international laws, its foreign minister said on Friday, following the release by Iran of the seized British-flagged tanker Stena Impero

shipping

Iran says detention of British tanker lifted

Dubai - Iran’s foreign ministry said a detention order on the British-flagged tanker Stena Impero was lifted on Wednesday, but added that an investigation into the vessel was ongoing

shipping

Rotterdam tests underwater robot

Rotterdam - The Port of Rotterdam Authority and North Sea Port, the cross-border port area between Belgium and the Netherlands, conducted tests this summer using an underwater robot that can inspect quays

shipping

Global Ship Lease restructures its debt

London - The growing container ship owner Global Ship Lease restructures its financial debt. A group of banks and Siemens have now pledged a loan of just under $ 270 million.

shipping

Panama and Rotterdam sign agreement

Rotterdam - The Panama Canal and the Port of Rotterdam signed a Memorandum of Understanding to promote international trade between Europe and the West Coast of South America