Trade and Deal

• The port commission of the Houston Authority conducted an annual budget workshop.
• They aim to derive economic prosperity.
• Update on ES2G Report

The Port of Houston Authority’s recent meeting saw the approval of a $745 million capital plan and a $428 million operating budget for Fiscal Year 2024, reports Businesswire.

The capital plan focuses on expanding container capacity and redeveloping General Cargo facilities to fuel growth opportunities for customers and local job expansion....

https://mfame.guru/port-houston-budget-approved-for-the-fiscal-year-2024/

Swiss marine power company WinGD will supply X‑DF‑M methanol-fuelled engines for a series of six container vessels to be built at Yangzijiang Shipbuilding in China. The 9,000 TEU vessels will each be powered by an X82DF‑M engine built by HD Hyundai Heavy Industries’ Engine & Machinery Division (HHI-EMD), to be delivered in August 2025.

The new order, which includes options for further engines, expands WinGD’s methanol engine orders into the 82-bore size.

Volkmar Galke, Director Sales,...

https://mfame.guru/methanol-wingd-to-supply-methanol-fuelled-engines-for-six-containerships/

• Winning shipping (Winning International group) expanded its fleet.
• They are determined to acquire eco-friendly vessels.
• They are said to be the key players in the high grade iron-ore reserve.

Singapore-based ship owner and operator Winning Shipping (Winning International Group), known for specialising in capesize bulk carriers, has significantly expanded its fleet with the acquisition of various vessels, states HandyBulk reporters.

 They acquired the 2005-built...

https://mfame.guru/winning-shippings-strategic-fleet-expansion/