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APM Terminals' delayed TCB port set to open

APM Terminals has received the final approvals to operate the newly built terminal in Guatemala, which is at the center of a large-scale corruption scandal. The first ship called on Sunday, and the terminal is expected operational soon. The opening was met with local protests.

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Norwegian shipping investor debuts in dry bulk

Founder of rig company Borr Drilling, Tor Olav Trøim, is now targeting dry bulk with the company 2020 Bulkers. The plan is to list the company on the minor OTC stock exchange, reports local media Finansavisen.

Wärtsilä's Chinese venture pays off

Finland's Wärtsilä is betting on the Chinese market and has now won a contract to supply 16 engines to four new LNG vessels, states the company, adding that this order confirms growth in the country.

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