-
Ports and Logistics
$662m made available for American port development
The US Department of Transportation’s Maritime Administration (MARAD) has made $662m available for port infrastructure development this year. “America’s ports…
Read More » -
Gas
Pertamina seals VLGC acquisition
Indonesia’s Pertamina International Shipping (PIS) has taken delivery of the 2021-built Monte Rosa Explorer, now renamed , from Trafigura. No…
Read More » -
Containers
Medkon buys its biggest ship
Turkey’s Medkon Lines has bought its largest ship to date. According to Alphaliner, the Istanbul firm has taken delivery of…
Read More » -
Ports and Logistics
Quirky box-related world record secured in the Middle East
One of the more quirky shipping-related world records has just been achieved in the Middle East. Khalifa Port, Abu Dhabi’s…
Read More » -
Containers
Maersk warns global box volumes could slide 2.5% this year
From $30.9bn to somewhere between $2bn to $5bn. That is how Maersk, widely seen as bellwether for the container shipping…
Read More » -
Ports and Logistics
Iskenderun Port decimated, likely out of action for months
Despite combined aerial and sea efforts, the blaze at Iskenderun Port is ongoing, two days after Turkey suffered a massive…
Read More » -
Operations
Number of crew abandonment cases hits new high
Upwards of 1,682 seafarers coming from 103 vessels were cast adrift as 2022 became the worst year on record for…
Read More » -
Operations
Seafarers seize ship over owed wages and owner neglect
Four seafarers, with assistance from the International Transport Workers’ Federation (ITF), have seized a cargo ship off the port of…
Read More » -
Tankers
Arbitrator dismisses Euronav’s plea to intervene in Frontline merger saga
An emergency arbitrator in Belgium yesterday dismissed Euronav’s request to intervene in John Fredriksen-controlled Frontline’s decision last month to terminate…
Read More » -
Environment
Affinity and Wilhelmsen Ship Management form EU ETS compliance company
Wilhelmsen Ship Management (WSM) and shipbroker Affinity Shipping have signed a memorandum of understanding (MOU) to jointly establish an independent…
Read More » -
Bunkering
Germany eyes hydrogen bunkering on Helgoland island
The municipality of Helgoland has commissioned HPC Hamburg Port Consulting (HPC) to carry out a concept study for the construction…
Read More » -
Tankers
Euronav shareholders to vote on board changes on March 23
March 23 has been set as the date for Euronav shareholders to vote on the make up of the tanker…
Read More » -
Ports and Logistics
Earthquake rattles Turkish ports
A number of ports are still out of action in Türkiye more than 24 hours after the southeast of the…
Read More » -
Containers
FMC demands answers from MSC over congestion surcharges
Using its new found powers granted by president Joe Biden, the Federal Maritime Commission (FMC) has taken aim at the…
Read More » -
Shipyards
ST Engineering acquires Keppel FELS yard
ST Engineering’s marine business has acquired the site and assets of an existing shipyard in Singapore at 55 Gul Road…
Read More » -
Shipyards
American ship repair firm changes hands
Funds managed by global investment firm Carlyle and private equity firm Stellex Capital Management have announced a definitive agreement to…
Read More » -
Ports and Logistics
Vopak takes over Gunvor’s Antwerp site
Dutch tank storage company Vopak is acquiring the shares of Gunvor Petroleum Antwerp from commodity trader Gunvor Group, giving it…
Read More » -
Renewables
Denmark suspends processing green energy projects
The Danish Energy Agency has suspended the processing of offshore wind turbine projects and other renewable energy projects under its…
Read More » -
Renewables
Siemens Gamesa and Doosan Enerbility join forces
Siemens Gamesa and Doosan Enerbility, formerly Doosan Heavy Industries have signed a binding framework agreement for a strategic partnership for…
Read More » -
Tankers
Russia products ban starts
Europe imposed a ban Sunday on Russian diesel fuel and other refined oil products, two months after a similar crude…
Read More »