Latest news with #KAMSARMAX
Zawya
24-06-2025
- Business
- Zawya
Egypt signs contract with China's Hantong Shipyard to build 2 KAMSARMAX vessels
Arab Finance: Egypt's Ministry of Transport has signed a new contract with Chinese shipbuilder Hantong Shipyard to construct two KAMSARMAX dry bulk vessels for the National Navigation Company, reinforcing the country's efforts to revitalize its commercial fleet and position itself as a regional logistics hub, as per a statement. The vessels are scheduled for delivery in September and November move comes in implementation of directives from President Abdel Fattah El-Sisi to develop Egypt's role in transportation, logistics, and transit trade, and to restore the strength of the national fleet. Each of the two ships will have a total tonnage of 82,000 tons, with a length of 229 meters, width of 32.26 meters, and draft of 14.5 meters. They will be built according to the latest global environmental standards and technological specifications, including an MAN B&W engine with 7,490 kilowatts of continuous power, low-emission systems, and advanced navigation equipment. This latest deal brings the number of new vessels received or contracted by the National Navigation Company over the past three years to six, accounting for the renewal of approximately 54% of its fleet and raising the total to 18 vessels. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (
GMA Network
22-06-2025
- Business
- GMA Network
Marcos returns from working visit to Osaka
President Ferdinand "Bongbong" Marcos Jr. meets with Japan Aerospace Exploration Agency (JAXA) officials during his working visit to Osaka, Japan on June 21, 2025. Photo from his official Instagram account President Ferdinand "Bongbong" Marcos Jr. is back in the Philippines after a working visit to Osaka, Japan, his office said Sunday evening. Marcos landed in the Philippines at 6 p.m. after a four-day visit that included meeting with the Filipino community in Osaka and establishing business commitments with Japanese firms. "Kanadevia Corporation will partner with Philippine Ecology Systems Corp. on a waste-to-energy project that will help manage waste while generating clean energy. Tsuneishi Group will build the world's first methanol dual-fueled KAMSARMAX bulk carrier in Cebu, creating jobs and positioning the Philippines as a leader in green shipping," Marcos said in a social media post. "We also strengthened our partnership with Japanese tourism leaders to bring more visitors to the Philippines and open more opportunities for our workers. Our meeting with the Japan Aerospace Exploration Agency opened new paths for cooperation in space technology to enhance disaster monitoring, support farmers, and strengthen community safety," he added. Marcos, who was accompanied by First Lady Louise "Liza" Araneta Marcos, also twice paid a visit to the Philippine Pavilion at the 2025 Expo currently taking place in Osaka Marcos left on Thursday, with Executive Secretary Lucas Bersamin, Education Secretary Sonny Angara, and Agrarian Reform Secretary Conrado Estrella III appointed as caretakers until his return. — BM, GMA Integrated News
