Oil loadings from Russia's Black Sea port of Novorossiisk have resumed after being suspended due to a storm on Dec. 27, two sources familiar with the matter told Reuters on Thursday.The port will likely be able to ship all the crude volumes scheduled for December…
Ports in the UK such as Aberdeen serve as vital gateways to the offshore energy supply chain, providing services from surveying and construction to operational support, maintenance and decommissioning for oil and gas platforms and renewable energy installations all around the UK coastline…
Fincantieri signed a 'green' construction loan for a maximum amount of $461m with Intesa Sanpaolo (IMI Corporate & Investment Banking Division) and Cassa Depositi e Prestiti (CDP), the proceeds of which will be used to cover the financial needs linked to the construction of the Mein Schiff Relax…
Prysmian Group has commissioned the inter-array cable system for the Fécamp offshore wind farm, located in the English Channel, offshore France.The Fécamp offshore wind farm is composed of 71 wind turbines with a total capacity of nearly 500MW…
The Port of Singapore has registered a record three billion gross tonnage (GT) in annual vessel arrival tonnage.The record was reached with the arrival of the 8,628 TEU, 98,799 GT Singapore-flagged container ship, ONE Olympus, at the Pasir Panjang Terminal on December 25…
Foreign shareholders suspended participation in the Arctic LNG 2 project due to sanctions, renouncing their responsibilities for financing and for offtake contracts for the new Russian liquefied natural gas (LNG) plant, the daily Kommersant reported on Monday…
Russia is hoping its shipments of liquefied natural gas (LNG) will offset a sharp fall in pipeline gas exports to Europe, but a shortage of gas tankers and sanctions hold back its plans, analysts and industry sources said.Russia wants to boost its share of the LNG market to 20% by 2030 from 8% now…
Emirates Shipping Association (ESA) and International Chamber of Shipping (ICS) and under the patronage of Ministry of Energy and Infrastructure, hosted the summit – Shaping the Future of Shipping - Towards a Net Zero World.The events took place…
Mitsui E&S has developed CREWS (crane engineer workflow service) for port crane inspections.Trials of the system have begun for crane inspection operations at Hakata Port Island City Container Terminal in Japan.CREWS enables digitization of…
The Panama Canal Authority said on Thursday it has not seen a notable traffic increase due to the situation in the Red Sea, where attacks by Yemen's Houthi group are forcing vessels to divert or switch their transponders off.The hostilities…
Zinus announced it has won a contract to supply its autonomous charging solution for a new zero-emissions, lightweight Ro-Pax ferry.The endeavor is led by shipbuilder Incat Tasmania, and commissioned by their South American customer Buquebús…
Nigeria's oil refinery in Port Harcourt will restart operations 'after the Christmas break' following an overhaul, the petroleum minister said on Thursday, following several delays.Africa's top oil exporter has for years prioritised the production…
Higher prices for containers used by merchant ships caused by attacks on Red Sea shipping are likely to fall back in three to nine months to levels seen in early December due to market overcapacity, the head of an online container logistics platform said on Wednesday…
Wilhelmsen Ship Management and MPC Capital jointly acquire 100 % of Zeaborn Ship ManagementWilhelmsen Ship Management (Wilhelmsen) and MPC Capital have agreed to acquire 100% of the company Zeaborn Ship Management, which the acquiring companis…
“The International Maritime Organization’s (IMO) targets for the use of zero or near-zero fuels in 2030 can be met using sustainable biofuels. Many different sectors will compete for those fuels, so shipping is focusing on transitioning to alternative green and blue fuels…