South Korea to pump $545M into next-gen shipbuilding tech, carbon-free fuels

South Korea’s Ministry of Trade, Industry and Energy (MOTIE) has revealed its plans to invest KRW 710 billion ($544 million) into next-generation shipbuilding technology and carbon-free fuels.

The post South Korea to pump $545M into next-gen shipbuilding tech, carbon-free fuels appeared first on Off...

https://www.offshore-energy.biz/south-korea-to-pump-545m-into-next-gen-shipbuilding-tech-carbon-free-fuels/

DFC commits half a billion dollars for Port of Colombo’s infrastructure

The U.S. International Development Finance Corporation (DFC)  has committed more than half a billion dollars to support the development of a deepwater shipping container terminal in the Port of Colombo, Sri Lanka.

The post DFC commits half a billion dollars for Port of Colombo’s infrastructure...

https://www.offshore-energy.biz/dfc-commits-half-a-billion-dollars-for-port-of-colombos-infrastructure/

Port Houston’s Export Triumph Amidst Challenges

Credit: pymnts/Unsplash

Port Houston has once again experienced a significant increase in loaded exports through its Bayport and Barbours Cut Container Terminals,says an article published on port houston website.

September Export Surge

Port Houston experienced a record-breaking increase in loaded exports during September, marking a significant milestone in its history. Handling 124,739 loaded export TEUs, this surge, a 21% increase compared to the same period in 2022, is primarily attributed to...

https://mfame.guru/port-houstons-export-triumph-amidst-challenges/

bound4blue’s wind-assisted propulsion systems get financial boost

Agricultural company Louis Dreyfus Company, French containment specialist GTT and the European Commission have invested in bound4blue’s Series A funding round, becoming shareholders of the company.  

The post bound4blue’s wind-assisted propulsion systems get financial boost appeared first on Offshore...

https://www.offshore-energy.biz/bound4blues-wind-assisted-propulsion-systems-get-financial-boost/

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