Maersk Supply Service awarded more work with Shell in Brazil

Maersk Supply Service (MSS) has been awarded a contract on behalf of Shell Brasil for work on the floating production storage and offloading (FPSO) vessel Fluminense off the coast of Rio de Janeiro. The scope of the project includes remediation work on two mooring lines of the 1974-built FPSO. MMS said the onshore engineering is already underway, …

CMA CGM venture wins bid for state-run terminal at Jawaharlal Nehru

CMA Terminals, a subsidiary of the French containerline CMA CGM, together with J M Baxi Ports & Logistics, a unit of the Mumbai-based J M Baxi Group, have won the tender for the privatisation of Jawaharlal Nehru Port Container Terminal (JNPCT). Previously a state-run container terminal at Jawaharlal Nehru Port, India’s busiest container port, will …

Ocean Yield snaps up another methanol-ready boxship newbuild

Norwegian owner Ocean Yield has agreed to buy another 5,500 teu container vessel under construction in South Korea. As with the previous acquisition announced in June, the vessel will be built at HJ Shipbuilding and Construction, formerly known as Hanjin Heavy Industries & Construction, with delivery expected in May 2023, Ocean Yield said in a regulatory filing. …

Europe and Japan team up to slash methanol production costs

A group of European and Japanese researchers have been working to develop processes to optimise CO2 hydrogenation in terms of energy efficiency and production cost to produce e-methanol for transport, including ocean shipping. Under the so-called Laurelin project, backed by the EU and Japan, ten research expert organisations are looking into the microwave heating, plasma …

MSC’s ports division readies €700m investment at Le Havre

Terminal Investment Limited (TiL), the ports division of leading liner Mediterranean Shipping Co (MSC), has become the sole shareholder of the TPO/TNMSC container terminals at Le Havre, and announced a sizeable €700m ($700.65m) investment programme that promises to shake up the box port hierarchy in the fiercely competitive northern Europe area. The six-year investment will …

MSC eyes Vietnamese megaport project

Mediterranean Shipping Co (MSC) is involved in plans to develop Vietnam’s largest box port complex. Terminal Investment Limited (TIL), MSC’s port subsidiary, has tied up with Vietnam National Shipping Lines and Saigon Port, to press ahead with a massive transhipment hub in Can Gio, to the south of Ho Chi Minh City. The port proposal …