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d’Amico I.S. has risen to 100% of Glenda International Shipping
The shipping company d’Amico International Shipping S.A. announced that its operational subsidiary d’Amico Tankers D.A.C. acquired 100% control of Glenda International Shipping d.a.c. (Ireland) through the redemption of shares owned by Topley Corporation (Glencore Group). The remainder of the joint venture (50%) was recognized at a price of $ 27.4…
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Jeddah Islamic Port enhances commercial traffic with Morocco with 6 shipping lines and services
Saudi ports record an increase in the volume of cargo handled by 16% during July 2022 Jeddah Islamic Port has taken active steps in promoting trade with the Kingdom of Morocco and supporting Saudi exports through 6 shipping lines and major services that have contributed to increasing the volume of…
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‘Hydrogen-powered water taxi at Rotterdam World Port Days will be a world first’
‘Whenever I drive through the city of Rotterdam or the port, I spot opportunities for hydrogen everywhere; on the ground, on the water and in the air’, says Jonas Brendelberger, co-founder of zepp.solutions. He is currently working as one of the project leaders on the very first hydrogen-powered water taxi,…
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Stena Line reports 11% reduction of carbon emissions
Stena Line has decreased the carbon emissions by 11% per tonne of cargo carried over each nautical mile, as well as achieving a reduction of 4% total ship emissions compared to pre-Covid operations. The main contributor to the result is the significantly higher utilisation and thus efficiency of the company´s…
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DEME Offshore and Havfram sign Memorandum of Understanding to jointly provide offshore wind farm
DEME Offshore, the leading offshore marine engineering company, and Havfram AS., the international offshore wind and subsea contractor, have concluded a Memorandum of Understanding (MoU) to jointly offer construction services to the offshore wind farm sector in Norway. Both DEME Offshore and Havfram plan to play an important role in…
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“K” Line signs MOU with Penta-Ocean Construction for collaboration on vessel management in the offshore wind construction and maintenance fields
Penta-Ocean Construction Co., Ltd. (President, Takuzo Shimizu, hereinafter POC) and “K” Line Wind Service, Ltd. (President Yutaka Kuge, hereinafter KWS) have signed a memorandum of understanding (MOU) regarding future collaboration on vessel management etc., in the offshore wind construction and maintenance fields. In Japan, offshore wind power is expected to…
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AD Ports Group Wins 17 International Business Awards
Recognised for ‘Achievements in Growth’, ‘Best Digital Process Automation Solution’, ‘Communication Department of the Year’ and ‘Marketing Campaign of the Year’, among other top Awards Abu Dhabi, UAE – AD Ports Group, the leading facilitator of global trade, logistics, and industry, has won 17 awards at The Stevie International Business…
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EU Wind Assisted Ship Propulsion (WASP) Project to host conference at SMM 2022
Rotterdam : The EU-Interreg North Sea Region project ‘WASP: Wind Assisted Ship Propulsion’ will convene ship owners, wind-assisted propulsion technology providers and academia at the SMM trade fair in Hamburg on September 7. Participants of the WASP Conference 2022 will gain key insights into actual performances achieved by selected technologies…
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Bloomberg : The Future of Shipping Is … Sails?
When I was a child, I was riding a sailboat across the ٌRiver Nile to the eastern region of it. These Egyptian boats were led by boys who had strong knowledge of wind directions, wave speed and the movement of the Nile water by instinct. And here is the world…
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Rabie discusses ways of joint cooperation with Dan Jørgensen the Danish Minister of Energy and Climate
Rabie : Grant incentives and discounts to environmentally friendly ships to encourage shipping lines to build ships. Jørgensen: MAERSK is working to build 14 new ships running on methanol and establish the first green fuel plant to supply environmentally friendly ships in Egypt Admiral Osama Rabie,Chairman of the Suez Canal…
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