By Dr.G.R.Balakrishnan The new build is designed to accelerate production for current projects while opening the door to expanded participation in government work-related marine new construction. Pipe spools—prefabricated sections of piping assembled in a controlled shop environment—are widely used to improve precision, quality control, and schedule performance versus field fabrication. The new C&C spool shop… Read More
After three years of close partnership developing the Hateco Hai Phong International Container Terminal (HHIT) from greenfield to go-live, APM Terminals is now joining the ownership of the terminal as 49% minority shareholder and operating partner together with the Hateco Group. The transition marks the success of the terminal – going from groundbreaking to efficient terminal… Read More
The Global economic and geopolitical environment remained challenging in 2025. The year saw slower growth in some major economies as well as persistent and increasing geopolitical tensions. These have led to an unprecedented evolution in tariff, sanctions, exportcontrol, and national security regimes resulting in a volatile investment and trade environment, and in changing capital and… Read More
Hapag-Lloyd and representatives of the Government of India have signed three Letters of Intent (LOI) to deepen maritime cooperation and support the continued development of India’s shipping and logistics sector. The LOI were signed in Mumbai on the occasion of a meeting between Rolf Habben Jansen, Chief Executive Officer of Hapag-Lloyd, and Sarbananda Sonowal, India’s Minister of Ports, Shipping and Waterways. The agreement outlines areas of potential cooperation… Read More
Houma, LA, March 19, 2026 — The Chouest Group announced the acquisition of Champagne Energy Solutions (CES), previously known as Champagne Energy & Environmental Services (CEES), a leading provider of offshore decommissioning, plug & abandonment (P&A), and environmental services in the Gulf of America. This transaction marks the first acquisition in the Chouest Group’s focused expansion… Read More