DP World Concession Row Costs Port of Antwerp-Bruges $44m+
The ICSID has ordered the port of Antwerp-Bruges to compensate DP World with €41.3 million ($44.7 million) plus additional costs and Interest.
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160 Tons Of Ukrainian Grain Has Been Destroyed In Poland
Kyiv, Feb 25th, it was reported that approx 160 tons of Ukrainian grain were destroyed at a Polish railway station amidst significant protests.
UK Sanctions Fractal Shipping & Beks Ship Management
Fractal Shipping, based in the UAE, and Turkey's Beks Ship Management have been highlighted in the recent set of sanctions announced by the UK.
Rapid Expansion at Romania's Key Port
Port in Europe, recognized for rapid growth, initiates a critical dredging project to manage increased cargo flow resulting from Ukraine conflict
UK Expects Return of Wind Bidders
An official from UK government expressed optimism for upcoming offshore wind auction, following a previous round that did not meet expectations.
Marinakis & Fredriksen Strengthen Chinese Shipbuilder Ties
DSIC has obtained orders for $1.8 billion from two well-known European clients, involving the construction of up to 14 Very Large Crude Carriers.
Hamburg Port Witnesses Ship Sinking
A vessel navigating the inland waterways, laden with 3,500 litres of diesel and 1,400 tonnes of potassium chloride, has sunk in Hamburg Port.
$300M Transport Pact for Wallenius Wilhelmsen
The Norwegian transport specialist Wallenius Wilhelmsen has finalized a transport contract valued at approx $300 million, set to span 3 years.
French Engineers Present Cutting-Edge Hydrogen Carrier Design
A team of French specialists with knowledge of gas technology has introduced an initial concept for a liquefied hydrogen carrier.
Vroon Expands Livestock Fleet After Buying Vessel From Tsuneishi
Dutch Shipping company Vroon has majorly strengthened its fleet with acquisition of a livestock carrier from Japan’s Tsuneishi Group.
EU Launches Port Alliance in Effort to Combat Drug Trafficking
The new partnership aligns with the EU’s roadmap aimed at addressing and fighting Drug Trafficking and Organised Crime.
Europe's Drive for Offshore Wind Faces Supply Chain Complexity
European offshore wind sector is challenged with a substantial undertaking to construct the infrastructure required to achieve climate targets.
Economou Expands Influence in OceanPal Holdings
Greek shipping tycoon George Economou has recently increased his shareholding in OceanPal, a dry bulk company with connections to the Palios family
Maritime Safety Breach: UK Port Captain's High Alcohol Level
A 65-year-old captain faces sentencing after admitting he was in command of a containership while exceeding the legal alcohol limit for seafarers
Novatek's Baltic Terminal Targeted by Drones from Ukraine
Executing the mission with the aid of two long-range drones, the operation led to a fire at Novatek's gas terminal, prompting the evacuation of staff.