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Maritime Executive

Carlyle Group and Stellex Acquire and Merge Vigor Industrial and MHI

By The Maritime Executive
July 25, 2019
Global investment firm The Carlyle Group (NASDAQ: CG) and private equity firm Stellex Capital Management today announced a definitive agreement to acquire and merge Vigor Industrial LLC, an infrastruc...
Maritime Executive

Novatek Secures Financing for Arctic LNG 2 Terminal

By The Maritime Executive
July 25, 2019
Russian energy company Novatek has completed the sale of participation interests in its Arctic LNG 2 terminal near the port of Sabetta, giving it the funds needed to move forward with a final investme...
Maritime Executive

ICTSI Manila Continues Equipment Roll-Out

By The Maritime Executive
July 25, 2019
International Container Terminal Services, Inc. (ICTSI) recently took delivery of another new quay crane and eight new hybrid rubber tired gantries (RTGs) for its flagship Manila International Contain...
Maritime Executive

New Orleans Welcomes Brand-New Modern Riverboat

By The Maritime Executive
July 25, 2019
The Port of New Orleans is now home to the most modern riverboat in the United States, the American Harmony. The newly-built luxury vessel is the second in a series of five for American Cruise Lines. ...
Maritime Executive

Total to Develop FSRU Facility in Benin

By The Maritime Executive
July 25, 2019
Total, the Republic of Benin and the Société Béninoise d’Energie Electrique (SBEE) have signed an agreement for the development of an LNG import floating terminal. The deal includes the supply of u...
Maritime Executive

DP World Returns to Surabaya With New Greenfield Terminal

By The Maritime Executive
July 25, 2019
Emirati port operator DP World has signed a $1.2 billion agreement with Indonesian conglomerate Maspion Group for the development of a new three million TEU container terminal for Eastern Java. The gr...
Maritime Executive

Five Port of Vancouver Projects Receive Government Funding

By The Maritime Executive
July 25, 2019
Canada's Minister for Transport Marc Garneau, Minister of Transport has announced an investment of $102 million for five projects that will increase efficiency at the Port of Vancouver. The project...
Maritime Executive

EagleRail Container Logistics Signs Agreement with Indian Port

By The Maritime Executive
July 25, 2019
EagleRail Container Logistics, a global container logistics company introduces disruptive container logistics technology to help ports and intermodal facilities in the U.S. and around the world solve...
Maritime Executive

Port of Everett CEO Takes Up New Navy Responsibilities

By The Maritime Executive
July 25, 2019
Port of Everett CEO Les Reardanz will be leaving the Port in October to move back to Bellingham to focus on his expanded military responsibilities. Earlier this month, the President of the United S...
Maritime Executive

U.S. DOT Proposes $856 Million in INFRA Grants

By The Maritime Executive
July 25, 2019
The U.S. Department of Transportation (DOT) has announced $855,950,000 in proposed grants through the Infrastructure for Rebuilding America (INFRA) discretionary grant program. The funding targets...

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