JLL Advises, Provides Brokerage Services for Mare Island Maritime Campus
JLL announced that it has been exclusively retained to provide strategic advisory and brokerage services for Mare Island Maritime Campus, a maritime industrial property with two million square feet of existing buildings and four operational dry docks. Located in Vallejo, California, the former Mare Island Naval Shipyard represents an opportunity as federal mandates and bipartisan legislation drive the largest maritime industrial mobilization since World War II.JLL is advising The Nimitz Group…
CMA CGM Places First Order for Indian-Built Vessels
France's CMA CGM on Tuesday announced a first-ever order for Indian-built vessels, saying the country's focus on shipping infrastructure created an opportunity to diversify the group's shipbuilding supply.CMA CGM, the world's third-largest container shipping firm, said in a statement it had signed a letter of intent for six vessels powered by liquefied natural gas to be built by Cochin Shipyard Limited.The order, in which South Korean shipbuilder HD Hyundai Heavy Industries will have a technical role…
