Guangzhou port signed Letter of Intent for sister port cooperation with Alexandria port in Egypt. The number of sister ports cooperating with Guangzhou reached 54. Since from 2003, Guangzhou port has established sister port cooperations with Port of Durban in...

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Delayed by the pandemic Norwegian fertilizer producer Yara has launched Yara Birkeland, the world’s first electric and autonomous containership. The 80-metre-long ship departed for its maiden voyage Friday and will navigate Norway’s southern coast, playing its part in...

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AP Moller – Maersk successfully placed a EUR500m green bond issue to fund its green methanol powered newbuildings. The 10-year, EUR500m green bond with a coupon of 0.75% received orders worth some EUR3.7b. The green bond is the first fundraising under Maersk’s...

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Sri Lanka’s Hambantota International Port (HIP) announced that it has become the South Asian country’s first port to comply with internationally-recognized integrated management system standards. The port located in southern Sri Lanka said in a statement...

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As a demonstration of how business is continuing to evolve in the Middle East, a leading Israeli defense manufacturer and a UAE-based defense technology company are forming a strategic alliance to develop advanced unmanned surface vessels.  EDGE Group and Israel...

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