Fortnightly maritime news for the industry and PortXL community.
Experimental wind power developer Makani, owned by Google parent company Alphabet, has partnered with the energy giant Shell to accelerate access to new offshore wind areas.
Port agency and marine services company Inchcape Shipping Services (ISS) has acquired V.Group’s port agency business. In a reciprocal agreement, V.Group has added Inchcape’s Global Marine Travel (ISS GMT) to its portfolio.
Close on the heels of CMA-CGM’s acquisition of a major stake in CEVA Logistics, Maersk has announced its first acquisition of the year with Vandegrift Inc., a premier US-based Customs House Broker.
The move comes almost exactly 10 years after WSM quit the tanker management market when it sold Dubai-headquartered ITM to V.Ships in early 2009.
According to a Global Market Insights report, US LNG bunkering is predicted to exceed 3,000 kilotons by 2024 owing to expanding emission regulations, a growing demand for cleaner marine fuel, and the advent of shale gas.
The port’s total throughput volume stood at 469 million tons in 2018, a 0.3% increase compared to 467.4 million tons recorded a year earlier.
ABB will supply integrated power and electric storage solutions to a new 70-metre long battery hybrid ferry that will connect the Icelandic mainland with Westman island.
Satellite communications giant Inmarsat is teaming with Rainmaking’s Trade and Transport Impact (T&TI) and Bluetech Accelerator to seek out maritime startups focused on IoT and big data innovation. In addition, earlier this month Idan Ofer’s Eastern Pacific Shipping and startup specialists Techstars launched the ‘world’s first global MaritimeTech accelerator’.