Manila-based port operator International Container Terminal Services Inc (ICTSI) is pressing ahead with a major expansion at Brazil’s Rio Brasil Terminal, committing R$948m ($175m) to lift capacity and modernise operations at the Port of Rio de Janeiro.
The Poseidon Principles, the shipping finance framework used by banks to track and disclose climate alignment, is widening its scope to bring more of the maritime finance world into the tent.
Updated services will continue with Cape diversions while ONE introduces Vietnam Shuttle Express service to Los Angeles and HMM an India to Europe service
The ferry Ciudad de Mahon encountered rougher conditions that she was expecting when she left the port of Algeciras and sailed out into the Strait of Gibraltar. A Force 7 full gale from Storm Emilia was blowing hard, tossing the ro/ro ship about in unexpected 15-foot waves.
In a major development for the German shipbuilder Meyer Werft and the cruise industry, MSC Cruises signed a letter of intent to build four cruise ships and an option for two more
