Yearly Archives: 2024
Maersk Redirects Vessels From Red Sea Around The Cape Of Good Hope
All Maersk vessels due to transit the Red Sea and Gulf of Aden will instead be diverted south around Africa's Cape of Good...
[Watch] Shipping Insurance Market In Great Turmoil
Shipping insurance market is in great turmoil, says Bloomberg CEO Marsh McLennan.
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Source: Bloomberg
HD Hyundai CEO Engages In Global Decarbonization
Global Collaborations for Decarbonizing Transportation.
HD Hyundai's commitment to a hydrogen energy ecosystem.
Engaging with representatives from over 30 global energy firms
Chung Ki-sun,...
Marine Fuel Sales Decline At UAE’s Fujairah In 2023
Fujairah's marine fuel sales fell by 7.1% in 2023.
Sales including LSFO and MGO, decreased.
Fujairah retained its status as the world's third-largest...
The Impact of Red Sea Threat On European Automobile Production
Delays in shipping schedules across the Red Sea pose a threat to European car production.
The use of excess air cargo capacity is...
Damen Secures Contract for Four Fully Electric Passenger Ferries for BC Ferries
In a competitive tender process that attracted many international bidders, Damen Shipyards has won the contract to build and supply four, fully electric, passenger...
Chevron’s Response To Houthi Threats And Continues To Ship Cargo
Chevron remains steadfast amid threats from the Iran-allied Houthi militia.
Chevron is actively coordinating with naval authorities.
A missile striking another vessel in...
Successful Delivery Of Second Damen Combi Freighter 3850: Violet
B.V. celebrated the successful delivery of its second Damen Combi Freighter 3850.
This move aligns with the company's broader goal of establishing a...
DNV: New Ammonia Chapter for Technical And Operational Decision Support
Ammonia has attracted the shipping industry’s attention as a potential zero-carbon fuel, especially when produced as green ammonia. In a new chapter added to...
The RIG’s Expansive Vision: Elevating Offshore Adventure Tourism
Saudi Arabia's Oil Park Development Company reveals an expansive master plan for THE RIG, an adventure tourism project inspired by offshore oil platforms.
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