Maersk to invest in exhaust scrubbers ahead of 2020 fuel quality changes

A.P. Moller-Maersk (MAERSKb.CO), the world’s biggest container shipping group, will add devices to reduce...

Baleària Plans To Invest 450 Million Euros In New Smart Ships And Terminals

The Chairman of Baleària, Adolfo Utor, presented the shipping company’s strategic investment plan today for the next five years which accounts for 450 million euros

NYK forms strategic partnership to invest in subsea business

Japan’s NYK will take up a 25% interest in joint venture firm EMAS Chiyoda Subsea (ECS) as it seeks to...

Indonesian President Jokowi invites Dutch firms to invest in maritime projects

On his European trip Indonesian President Joko Widodo has invited the Netherlands to invest in Indonesian...

Bulk Invest files for bankruptcy as seven owners reject restructuring deal

Bulk Invest, formerly Western Bulk, has filed for bankruptcy just weeks after it sold its chartering division to parent Kistefos, in an attempt to survive. ...

Bulk Invest appoints financial advisor

Bulk Invest has appointed a financial advisor as its starts talks with creditors to try and ensure its future. ...

CMES Votes to Invest in Five Arctic LNG Carriers

The Board of Directors of Shanghai-listed China Merchants Energy Shipping (CMES) has voted to support investment in five new Arctic-type LNG carriers intended for Yamal LNG project.