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  • Sberbank and Sovcomflot conclude new USD 106...

    Sberbank and Sovcomflot have signed a new USD 106 million project financing agreement, with a term of up to 14 years. According to Sovcomflot’s press release, the funds will finance the construction of a high ice class Arctic shuttle tanker (Arc7) for the Novy Port project, under a long-term agreement with Gazprom Neft.

  • Maersk positive on global container shipping...

    A.P. Moller-Maersk missed fourth-quarter profit expectations on Friday but earnings were up and the chief executive leading a turnaround at the world's largest container shipping company said the outlook was positive.

  • Agility Joins Maersk-IBM Blockchain Community

    Global logistics provider Agility has become the first freight forwarder to collaborate on Maersk and IBM's blockchain solution which aims to provide more efficient and secure methods for conducting global trade.

  • Vietnam's top shipping firm to make IPO in...

    The Vietnam National Shipping Lines (Vinalines) is seeking to make its initial public offering (IPO) in mid-2018, with an expected chartered capital of 630 million U.S. dollars, Vietnam News Agency reported.

  • Tankers Keep Greece Top

    Greece has topped the world fleet values ranking by VesselsValue, with an owned fleet worth just under $100 billion, followed closely by Japan and China, worth $89 and $84 billion respectively. The top 10 global fleets are worth an estimated $516 billion.

  • Multraship takes delivery of first of two...

    Leading towage and salvage specialist Multraship has taken delivery of the first of two game-changing CARROUSEL RAVE TUGs (CRT) which will make it easier, safer and more environmentally friendly to work with seagoing vessels at much higher speeds than conventional tugs can safely achieve, and without the risk of capsizing under a tow-load.

  • Gulf Navigation Holding appoints “Al Ramz...

    Gulf Navigation Holding PJSC (GulfNav) has appointed Al Ramz Corporation Investment and Development listed in Dubai Financial Market as a Co-Bookrunner to manage their “Rights Issue” in order to increase its capital to AED 1 billion. Al Ramz Corporation was selected following the completion of all the final approvals from the Securities and Commodities Authority.

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Agility Joins Maersk-IBM Blockchain Community

Global logistics provider Agility has become the first freight forwarder to collaborate on Maersk and IBM's blockchain solution which aims to provide more efficient and secure methods for conducting global trade.

English

Tankers Keep Greece Top

Greece has topped the world fleet values ranking by VesselsValue, with an owned fleet worth just under $100 billion, followed closely by Japan and China, worth $89 and $84 billion respectively. The top 10 global fleets are worth an estimated $516 billion.

English

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