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Aramco, Maaden to form mineral exploration venture in Saudi Arabia

State oil giant Saudi Aramco and Saudi mining company Maaden plan to form a joint venture that will focus on mineral exploration and hard-rock mining in the kingdom, they said on Tuesday, reports Reut...

Aramco, Maaden to form mineral exploration venture in Saudi Arabia

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Portchain and X-Press Feeders Partner to Enhance Feeder Market Efficiency and Sustainability

Portchain and X-Press Feeders are excited to announce a strategic partnership to bring valuable digital solutions to the feeder market through the deployment of Portchain Connect.

  • Portchain and X-Press Feeders collaborate on digital solutions for feeder market
  • Real-time data exchange aims to optimize berth alignment and improve efficiency
  • Partnership focuses on sustainability, reduced emissions, and streamlined coordination

Older dry bulk and LNG vessels could provide a short-term breather in ship recycling supply, says Wirana

Limited recycling supply could get a brief respite in the coming weeks from a weakening second-hand interest in older vessels and softer demand for steam turbine LNG ships.

  • Wirana Shipping predicts short-term improvement in recycling supply.
  • Older dry bulk and LNG vessels likely to enter recycling stream.
  • Second-hand market shift favors recycling over trading for aging ships.

Hyundai Heavy orders TMC’s compressors for VLECs

TMC Compressors has been awarded a contract by Hyundai Heavy Industries to deliver the marine compressed air system to a pair of very large ethane carriers (VLECs) that are being built for Malaysian…

  • Hyundai Heavy Industries orders TMC's compressors for two VLECs.
  • VLECs will transport up to 100,000 cubic meters of ethane each.
  • TMC specializes in marine and offshore compressors for minimal maintenance.

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