TOKYO, March 22 (Reuters) – Japan’s top utility JERA has agreed to buy Parkwind, Belgium’s largest offshore wind platform, for 1.55 billion euros ($1.7 billion), as it expands in renewable power to meet decarbonisation goals. JERA, a joint venture between Tokyo Electric Power Company Holdings (9501.T) and Chubu Electric Power Co Inc (9502.T), will add Parkwind’s four offshore… Read More
As part of our commitment to provide you with the most up-to-date and relevant information on the logistics industry, we share our Market Update on the Latin American market. You will find information and interesting data on the update of the state of the ports, the most important transport routes and relevant news. We hope… Read More
Last week, the Taiwanese ocean carrier Evergreen Marine Corp (EMC) released its 2022 financial results, setting aside huge bonuses to compensate its workers for good performance. According to the financial report, Evergreen’s consolidated revenue for 2022 reached $20.5 billion, an increase of 28% compared to the previous year. The after tax profit totaled $10.9 billion,… Read More
A new spat in the months-long contract negotiation for US West Coast dockworkers comes at a critical time: Importers and retailers are negotiating service contracts with ocean carriers for the coming year, deciding not only how much cargo they’ll need to move on ships, but also which ports to route it through. The first public… Read More
Optimarin is establishing a manufacturing base in China to boost its well-proven ballast water treatment system (BWTS) availability for the Asian shipbuilding market. It also targets further retrofits of the existing fleet. The leading Norwegian BWTS supplier is now pursuing partnerships with several Chinese suppliers to focus on high-quality production of BWTS components at a… Read More