Hong Kong-listed Orient Overseas opens new tab said on Tuesday that its units have ordered the construction of 14 container vessels from China COSCO Shipping Corp totaling $3.08 billion in value.
It will enhance the berth's capacity to handle the newest 400m-long MegaMax container ships, ensuring the terminal remains at the forefront of modern maritime capabilities.
A groundbreaking Joint Development Agreement (JDA) has been signed to establish the world’s first liquid hydrogen import corridor, connecting the Sultanate of Oman, the Netherlands, and Germany.
Researchers analyzed the full lifecycle of several fuel options and found this approach has a comparable environmental impact, overall, to burning low-sulfur fuels.
In addition, Konecranes Port Services will retrofit eight existing Konecranes RTGs currently operating at the port. The retrofits will be completed by Q4 2025.
