Tag: million

€5.6 million contract to keep PSV busy for 319 days or more off UK

Air Cargo Editorial Team -
Norwegian vessel owner and operator Golden Energy Offshore Services (GEOS) has secured a term contract valued...

Serica Energy wins race for Pharos Energy with €170 million takeover agreement

Air Cargo Editorial Team -
UK-based upstream oil & gas player Serica Energy has agreed to acquire compatriot Pharos Energy...

Banana shipment from Ecuador to Europe concealed $290 million in cocaine

Air Cargo Editorial Team -
Italian authorities seized nearly 1,700 pounds of cocaine hidden inside a refrigerated shipping container carrying bananas at the Port...

UPS labels allegedly diverted $2 million in Nike shoes, indictment says

Air Cargo Editorial Team -
Federal prosecutors indicted 12 people in an alleged cargo theft conspiracy targeting Nike’s Memphis distribution operation. The group allegedly...

Portugal revives €468 million intermodal hub near Port of Sines

Air Cargo Editorial Team -
A 468 million-euro multimodal logistics park with its own rail freight terminal is moving closer to construction on Portugal’s...

PCC Intermodal gets nearly 30 million euros for a new terminal in southeastern Poland

Air Cargo Editorial Team -
The Polish operator PCC Intermodal has signed an agreement releasing nearly 30 million euros in EU co-financing for a...

Israel reveals plan to invest circa $2 million in marine energy solutions

Air Cargo Editorial Team -
Israel’s government is planning to invest NIS 6 million (approximately $2 million) in advancing marine energy solutions,...

Donjon Marine wins USD 51.4 million maintenance dredging contract

Breakbulk Editorial Team -
Donjon Marine, headquartered in Hillside, New Jersey, has been named the apparent low bidder for...

R$62 million viaduct eliminates conflict between trains and cars

Coastal Shipping Editorial Team -
Photo: Disclosure /...

UAE Raises Crude Output To Over 3.8 Million BPD After OPEC Exit, Highest Since 2020

Coastal Shipping Editorial Team -
The United Arab Emirates increased crude oil production sharply in June after leaving OPEC, taking output to near-record levels...

Indiana State Police recover 12 stolen truckloads worth more than $11 million

Agriculture Editorial Team -
According to an Indiana State Police announcementa team of Commercial Vehicle Enforcement Division troopers has recovered about 12 semi-trailer...

DOT grants $25 million to ‘transform’ this Midwest port

Agriculture Editorial Team -
Ports of Indiana has been awarded a $25 million federal BUILD grant from the U.S. Department of Transportation –...