AD Ports Group has signed an agreement with Enter Engineering Group to launch new businesses providing logistics and freight forwarding services in the Central Asian nation of Uzbekistan. Enter Engineering claims to be a market leader in industrial construction in...

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UK-based Artemis Technologies, a spin-off from the Artemis Racing America’s Cup sailing team, has launched to market the world’s first commercially viable 100% electric, high-speed foiling workboat range. Developed and built in Belfast, the zero-emission...

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U.S. energy major Chevron has completed the acquisition of Iowa-based biodiesel production company Renewable Energy Group (REG) following approval by REG stockholders. At the beginning of March this year, Chevron said it will buy the outstanding shares of...

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Tanker owner Euronav has sold its two oldest suezmaxes for a $12.4m profit. The company has sold the 2004-built, 159,048 dwt Cap Pierre and 2003-built, 159,048 dwt Cap Leon to an undisclosed buyer. The company said both vessels were debt free and it made a combined...

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Cosco Shipping Specialized Carriers has inked financial leasing contracts with three major Chinese banks’ financial leasing units for 12 multi-purpose vessels. The company has inked two operating lease contracts for five 70,000 dwt pulp carriers with Bank of...

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