DP World announced yesterday the construction of a 400 metre quay extension at its flagship Jebel Ali Port, increasing the capacity at the facility by 1 million TEU to 15 million TEU. Euroseas Ltd. announced today that its joint venture company, Euromar LLC, signed a memorandum of agreement to purchase the M/V TORGES which is built in 2003 in Japan. Mitsui O.S.K. Lines, Ltd. today announced that the company has received the 2011 Amver Assisted Rescue at Sea Award presented by Lloyd's List, the newspaper covering the global shipping industry.
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