Xiamen Port Holding Group is to increase capital to its subsidiary Quanzhou Xiamen Port Tugboats to acquire four tugboats for a total of CNY177.8m ($18.2m). The four vessels include two 6,800 bhp tugboats, one 5,000 bhp tugboat and one 4,000 bhp tugboat. ...

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Mitsubishi Shipbuilding Co., Ltd., a part of Mitsubishi Heavy Industries (MHI) Group, has concluded a technical cooperation agreement with Namura Shipbuilding Co., Ltd. relating to LPG(liquefied petroleum gas) powered very large gas carriers (VLGCs) and are capable of...

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ICTSI handled consolidated volume of 5.46m teu in the first six months of 2021, 14% more than the 4.8m teu moved in the same period in 2020. The increase in volume was primarily due to improvement in trade activities as economies continue to recover from the impact of...

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The migrant crisis in the Mediterranean continues to grow with two rescue vessels trapped at sea appealing for a port to accept the more than 800 people crammed on their decks. Italy, which has received the majority of the individuals escaping from Africa, is now...

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