Uljanik and ETCA Caspian Jointly Target Gas Shipping Market
Croatian shipping company Uljanik Plovidba and Cyprus-based ETCA Caspian Limited have formed a joint venture company for maritime transport and storage of liquefied natural gas (LNG) and liquefied petroleum gas (LPG).
Thorco, Navigia, Feederlines Join Forces in Ship Management
Copenhagen-based firm Thorco Shipping Holland has reached an agreement with two Dutch shipping companies Navigia and Feederlines to join forces in respect of technical ship management.
Ahrenkiel and Vogemann Bolster Bulker Pact
Hamburg-based shipping companies, Ahrenkiel Steamship and H. Vogemann Reederei, are merging their activities involving the technical management of bulk carriers.
Euronav to Take Full Control of VLCC V.K. Eddie
Antwerp-based tanker owner and operator Euronav NV has reached an agreement to buy out its 50% joint venture partner for full control of the 2005-built Very Large Crude Carrier (VLCC) V.K. Eddie.
German Duo Forms Short Sea Shipping JV
German shipping companies Hartmann Group and Schulte & Bruns have entered into a joint venture agreement related to their short sea activities.
Rosneft, Pietro Barbaro Enter Shipping JV
Russia’s oil major Rosneft and Italy’s Pietro Barbaro S.p.A. have formalized their plans to launch a joint venture focusing on international sea freight as they signed an agreement for the JV at the ХХ St. Petersburg International Economic Forum.
CMA CGM Confirms Partnership with PSA Singapore
French container shipping company CMA CGM and PSA Singapore Terminals (PSA) have confirmed that they will establish form a joint venture company CMA CGM-PSA Lion Terminal Pte. Ltd. (CPLT) to operate and use four mega container berths in Singapore.