Lindblad Orders New Polar Expedition Cruise Ship

US-based cruise company Lindblad Expeditions Holdings has placed an order for a new polar expedition ship.

The vessel is scheduled to be delivered in 2021. It will be the fourth polar vessel in the Lindblad Expeditions-National Geographic fleet, joining the National Geographic Explorer, the National Geographic Orion and the National Geographic Endurance (scheduled for delivery in 2020).

"We are extremely excited to announce the further expansion of our expedition fleet. This is the next step of our long-term growth strategy to capitalize on the expanding demand for high quality adventure travel,” Sven-Olof Lindblad, President and CEO, stated.

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​Thessaloniki Port Undergoing Changes​

​In December 2017 the Government of Greece sold the 67% stake of Greek Port of Thessaloniki. Since then it's undergoing the privatization process ​along with development and expansion. Major part was sold to ThPA SA and the buyer is obliged to invest in port's development USD 180 million during the next 7 years.

​However we can already see some changes and ​ThPA SA revealed some plans, among which are container terminal's expansion by 440 m long and 16.5 deep; new bulk terminals construction and equipment replacement. The customs building will also be reconstructed. 

​General port development will allow operation Neopanamax vessels up to 14,000 TEU​

Total Buys Engie’s LNG Business
French energy company Total has purchased Engie’s upstream liquefied natural gas (LNG) business for USD 1.5 billion.

The final price could rise by USD 550 million in the event of a major oil market improvement in the next few years. The purchase makes Total the world's second largest LNG enterprise. Their fleet will increase to 18 LNG carriers.

Engie’s goal is reducing its exposure to commodity prices. The French utility company will keep its downstream operations, including end-customer sales.

“This transaction makes Total the second largest global LNG player among the majors with a worldwide market share of 10% and the group will manage an overall LNG portfolio of around 40 Mt per year by 2020. It also helps us to build a position in the US LNG market, with the 16.6% stake in the Cameron LNG project,” Patrick Pouyanné, Chairman & Chief Executive Officer of Total, said.