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Financial results reflect a year of contrasts for the transport and logistics industry and confirm the relevance of the CMA CGM Group’s strategy

Commenting on the results for the year, Rodolphe Saadé, Chairman and Chief Executive Officer of the CMA CGM Group, said: “As our sector normalized, the Group’s performance remained solid in 2023. Shipping market conditions deteriorated progressively during the year. Our results are down as we expected. Logistics, on the other hand, is proving more resilient, and accounts …

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WFW advises CEXIM on US$192m term loan facility

Watson Farley & Williams (“WFW”) has advised The Export-Import Bank of China (“CEXIM”) on a SINOSURE-backed term loan facility of up to US$192m granted to subsidiaries of Polska Żegluga Morska Przedsiębiorstwo Państwowe (“Polsteam”), the Polish stated-owned cargo ship operator, for financing eight lake cargo vessels. The deal was closed within a tight time frame and …

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WFW acts as maritime counsel to Euronav on purchase of CMB.TECH

Watson Farley & Williams (“WFW”) acted as maritime counsel to Euronav in its US$1.150bn share purchase agreement for the acquisition of cleantech maritime group CMB.TECH, the clean technology arm of its largest shareholder Compagnie Maritime Belge (“CMB”). The purchase is part of Euronav’s renewed diversification and decarbonisation strategy and the accelerated optimisation of its current …

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GUIDEME CITY 2.0 realiza la demostración piloto final del proyecto GUIDEME en el puerto Barcelona

GUIDEME CITY 2.0, SL, empresa beneficiaria de las ayudas de Ports 4.0, realiza la demostración piloto final del proyecto GUIDEME, en el puerto Barcelona Se realiza con éxito la prueba final del proyecto C.241, denominado “GUIDEME”, financiado por el Fondo Ports 4.0 de Puertos del Estado, en el puerto de Barcelona, como agente facilitador. GUIDEME …

GUIDEME CITY 2.0 realiza la demostración piloto final del proyecto GUIDEME en el puerto Barcelona Read More »

Regresa a Canarias la Bestial Race by Naviera Armas Trasmediterránea 2024

La adrenalina se apodera de las Islas Canarias con la llegada de la Bestial Race, un desafío de carreras de obstáculos que aterriza este 2024 en Tenerife, Fuerteventura, Lanzarote, El Hierro y Gran Canaria. Este evento promete llevar la emoción y la intensidad de la Bestial Race a paisajes variados y desafiantes, ofreciendo a los participantes …

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Boluda refuerza su flota en Alemania con la incorporación del VB TRAGEN

Boluda Corporación Marítima, a través Boluda Towage, su división de negocio dedicada a proporcionar servicios de remolque marítimo internacional y salvamento incorpora a su flota el VB TRAGEN. Este nuevo barco dará apoyo a los servicios de Boluda Towage en sus operaciones de GNL (Gas Natural Licuado) en Alemania, uniéndose a la potente flota de …

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Glomar claims 28% emissions reduction using GoodFuels’ biofuel

Dutch offshore drilling services provider Glomar Offshore has revealed that it has achieved CO2 emissions reduction by 28% by transitioning from traditional fuels to GoodFuels’ HVO30, a sustainable marine biofuel blend. The post Glomar claims 28% emissions reduction using GoodFuels’ biofuel appeared first on Offshore Energy.

QatarEnergy reveals name of first LNG carrier in its massive fleet expansion program

State-owned oil and gas giant QatarEnergy has revealed the name of the first LNG […] The post QatarEnergy reveals name of first LNG carrier in its massive fleet expansion program appeared first on Offshore Energy.

The ripple effect: How geopolitics and disruptions in key trade routes impact shipping’s decarbonization

Disruptions in two major global maritime trade waterways seem to have diminished efforts to accelerate decarbonization of the shipping industry. The post The ripple effect: How geopolitics and disruptions in key trade routes impact shipping’s decarbonization appeared first on Offshore Energy.

New cable layer joins Boskalis fleet following major conversion

Dutch offshore services giant Boskalis has commissioned its new cable-laying vessel (CLV) BOKA Ocean […] The post New cable layer joins Boskalis fleet following major conversion appeared first on Offshore Energy.

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