“We are honoured to receive the Environmental Initiatives Award and the Sustainable Innovation Award at this year’s SEAL Awards. Winning the Environmental Initiatives Award for our work at DP World Santos in Brazil, where we’ve achieved the feat of reusing 100% of the waste generated at the port, underscores DP World’s commitment to the responsible… Read More
B.C. Ferries has issued a notice that it intends to split drydocking and repair services for its fleet between three B.C. shipyards, including two based in North Vancouver, over the next five years. The plan is for most of the work to be split between Seaspan ULC – which owns Vancouver Shipyards and Vancouver Drydock… Read More
Yang Ming Marine Transport Corporation (Yang Ming) has reported Q1 consolidated revenues of NT$43.8 billion ($1.39 billion). The net profit after tax was NT$ 9.38 billion ($298.42 million), with an earnings per share of NT$2.69. As the carrier noted, in Q1 2024, the Red Sea crisis hampered the container shipping industry’s supply lines, forcing vessels to reroute to… Read More
QatarEnergy has signed a farm-in agreement with ExxonMobil to acquire a 40% participating interest in two exploration blocks offshore Egypt. Under the terms of the agreement, which is subject to customary approvals by the government of Egypt, QatarEnergy will acquire a 40% working interest in each of the “Cairo” and “Masry” Offshore Concession Agreements, while… Read More
Great Eastern Shipping Company Q4 Results Live : Great Eastern Shipping Company declared their Q4 results on 10 May, 2024. The topline increased by 2.84% & the profit increased by 25.37% YoY. As compared to the previous quarter the revenue grew by 20.25% and the profit increased by 68.18%. The Selling, general & administrative expenses… Read More
