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Top Seatrade-maritime.com News

Singapore Firm Rejects US$1 Billion Sri Lankan Pollution Damages

Economy · Sri Lanka

Singapore Firm Rejects US$1 Billion Sri Lankan Pollution Damages

44% Right coverage: 34 sources

SINGAPORE: A Singapore shipping company told AFP on Tuesday (Sep 23) it will refuse to pay Sri Lankan court-ordered damages of US$1 billion for causing that country's worst case of environmental pollution.In an exclusive interview, X-Press Feeders chief executive Shmuel Yoskovitz said he believed paying would See the Story

CMA CGM to Acquire Freightliner UK Intermodal Logistics

Business · United Kingdom

CMA CGM to Acquire Freightliner UK Intermodal Logistics

Coverage: 4 sources

A Freightliner locomotive leads another former British Rail locomotive on an intermodal train through Stratford in East London on May 11, 2021. Keith Fender BIRMINGHAM, United Kingdom — The CMA CGM Group, a global player in sea, land, air, and logistics solutions, today announced the acquisition of Freightliner UK Intermodal Logistics. The transaction encompasses rail and road operations, inland terminals, as well as the Freightliner brand. CMA …See the Story

Seatrium Sells Its Texas Shipyard to Karpowership

Singapore, Singapore · Singapore

Seatrium Sells Its Texas Shipyard to Karpowership

100% Center coverage: 1 sources

Seatrium, the recently-merged combination of Singaporean rivals Keppel and Sembcorp Marine, has sold its American yard in Brownsville, Texas. The AmFELS facility, best known for building the offshore wind ship Charybdis, will now be owned by Turkish fossil-fueled powerplant builder Karpowership, a longtime partner and customer of Seatrium. AmFELS is a full-service offshore shipyard specializing in rig repairs, refits and Jones Act newbuilds. Th…See the Story

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