Shipping & Port

UAE’s AD Ports plans $200m investment for Safaga Port in Egypt

AD Ports Group has reached a 30-year concession agreement with the Red Sea Ports Authority for the development and operation of a multi-purpose terminal...

Ouster and LASE collaborate on 3D digital lidar sensor technology

Provider of light detection and ranging (lidar) sensors, Ouster has signed a multi-year supply agreement with LASE for laser-based sensor applications for industrial equipment,...

MOL and Amogy partner to deploy ammonia-to-power systems on ships

Mitsui OSK Lines (MOL) and MOL PLUS have reached a memorandum of understanding (MoU) with Amogy for the deployment of the latter’s ammonia-to-power systems...

Bloom Energy fuel cells demonstrate increase in efficiency in first major marine deployment

Bloom Energy, a US-based green energy company, has revealed that, in the first major marine deployment, its fuel cells demonstrated a significant increase in...

DP World to Invest USD $38M to Boost Container Capacity in Brazil In 2023

DP World is planning to invest USD $38 million in 2023 to expand and modernize its facilities located on the left bank of Brazil’s...

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