Interest in methanol as an alternative fuel has grown in the shipping industry, which seeks to achieve net-zero emissions by 2050.Below is a list of upcoming methanol bunkering-related projects by companies and ports:COMPANIES:A.P. Moller-MaerskMaersk…
Denmark's Maersk said on Monday it has secured fuel for the world's first container vessel able to run on carbon-neutral methanol for its inaugural journey.Interest in methanol as an alternative fuel for bunkering has grown in the shipping industry…
French energy company TotalEnergies will make good on an action plan to address the rights of residents near its Mozambique LNG project over the summer, the oil major said on Tuesday, taking a step closer towards a restart.'At this time there is no date for a restart…
Marine towage provider Boluda Towage announced it has strengthened its partnership with Togo, highlighting its capacity for expansion, growth, and internationalization in the West African nation.The main purpose of this meeting was to evaluate…
International Container Terminal Services, Inc. (ICTSI) reports its Kribi Multipurpose Terminal (KMT) operation in Cameroon has seen a significant increase in productivity after introducing eco hoppers earlier this year.Since January 2022, KMT has handled 21 dry bulk vessels along with roughly 600…
APM Terminals MedPort Tangier in Morocco celebrates a new milestone of its expansion project with the arrival of the first of four batches of new dual ship-to-shore (STS) cranes. The two cranes are part of a total of eight cranes representing a major investment of €117 million…
London’s marine insurance market added Sudan to its of areas deemed high risk this week amid further fighting in the conflict-ridden African country, according to an advisory note.The addition of Sudan to the high risk list will mean that any…
DP World has kicked off the development of a new edible oil terminal at the Port of Berbera in Somaliland. It has already agreed to a long-term lease for the facility.The edible oil terminal will be the latest addition to Berbera’s growing trade ecosystem…
Chinese company Xinxing Ductile Iron Pipes intends to invest $2 billion in iron and steel plants in the Suez Canal Economic Zone, Egypt's cabinet said on Thursday.The plants are planned in an industrial zone at the Egyptian Red Sea port of Ain Sokhna developed by China's Tianjin…
UAE-based AD Ports Group announced the signing of a concession agreement to develop and operate a multi-purpose port in Safaga in Egypt, in addition to signing of two 15-year agreements, a Memorandum of Understanding (MoU) and three Head of…
UAE-based AD Ports Group said it has signed a head of terms with the Ministry of International Cooperation and Promotion of Public Private Partnership of the Republic of Congo, for a new multipurpose terminal in Pointe-Noire in the Republic of Congo…
CK Hutchison Holdings port unit said on Thursday it would invest about $700 million in two major Egyptian ports, bringing its total investment in the country to more than $1.5 billion.Hutchison Ports said it would invest in the development of…
Nigeria opened a billion-dollar Chinese-built deep seaport in Lagos on Monday, which is expected to ease congestion at the country's ports and help it become an African hub for transshipment, handling cargoes in transit for other destinations…
Three-quarters of the world is covered by water and up to 90% of world trade is seaborne. Seaports and shipping are critical to the conduct of global trade.Africa has relatively few natural harbours that offer shelter and are deep enough to take big vessels…
AD Ports Group entered into a framework agreement with the Ministry of Transport of the Republic of Angola to begin collaboration on the development of maritime services and infrastructure across the country.The group has also entered into a…
