Yearly Archives: 2023
Record Vessel Rerouting Sparks Capacity Crunch Via Cape
Linerlytica's latest report on December 26 notes that during the seven-day closure of Suez traffic due to the Ever Given grounding in March...
Egypt And Jordan’s Agreement Signals Utilization Of A New Shipping Path
Due to the Red Sea route's risks, international shipping companies like Maersk, MSC, CMA CGM, and Hapag-Lloyd have opted to avoid the Bab...
Maritime Hub Abu Dhabi Unveiled For Sector Enhancement
A committee of representatives from the public and private sectors will lead working groups, addressing challenges and guiding collaborative efforts for industry growth.
...
AD Ports Group And RSPA finalize $200M Safaga Port agreement
AD Ports Group (ADX: ADPORTS) announces the signing of a definitive concession agreement with the Red Sea Ports Authority for a multi-purpose terminal...
TGE Marine Secures Supply Agreement For Northern Lights’ LCO2 Carrier
TGE Marine, a German liquefied gas systems provider, secured a supply contract for the liquified CO2 (LCO2) carrier of Northern Lights.
The contract...
Clarifications On The IMO DCS/CII & EU MRV/ETS, Use Of Biofuel
The 2023 EU MRV and IMO DCS reporting period will soon come to an end, whilst the EU ETS regulations are coming into effect...
Vessel Grounding Leads To Major Hull Damage
Vessel ran aground causing major hull damage.
Probable cause: The settings on the ECDIS were such that critical information was not being displayed.
...
Maersk & Mitsubishi Gas Ink MoU On Green Methanol Bunkering
A.P. Moller-Maersk announced that the company has signed a MoU with the City of Yokohama and Mitsubishi Gas Chemical (MGC).
The agreement will...
Japanese Majors Plan To Start Large-Scale LCO2 Transport In 2028
Mitsubishi Shipbuilding and Nihon Shipyard, have signed a memorandum of understanding (MoU) with Mitsui & Co on the collaborative study for ocean-going liquified...
Oil Edges Down As Shipping Giants Return To The Red Sea
Some major shippers return to Red Sea routes.
Middle East tensions persist.
Israel predicts many months of conflict.
U.S. crude stocks expected to...