News
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Walid Sami : New Chairman of SCZONE
The Official Gazette published the decision of President Abdel-Fattah El-Sisi, the President of the Republic, to appoint Walid Mohamed Sami Gamal El-Din as Chairman of the General Authority for the Economic Zone of the Suez Canal. The decision stipulated the appointment of Jamal Al-Din, with the rank of minister, for…
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Maersk Drilling awarded two-month extension with TotalEnergies offshore Denmark
TotalEnergies EP Denmark A/S has exercised an option to add two months to the accommodation services work scope for the jack-up rig Maersk Interceptor in the Danish North Sea. The contract extension will commence in November 2022, in direct continuation of the rig’s current contract. Two two-month options remain on…
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MAN, Stena Teknik and Proman sign MoU to retrofit MAN 48/60 engines
The retrofitting will enable engines to perform dual-fuel, diesel and methanol operations. MAN Energy Solutions has signed a memorandum of understanding (MoU) with Proman and Stena Teknik to retrofit MAN 48/60 engines. As part of the agreement, the three companies will work together to make MAN 48/60 engines capable of…
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Drydocks World-Dubai and Silverstream partner for maritime decarbonisation ( Video )
Drydocks World-Dubai will install the Silverstream System, an air lubrication technology, on retrofit projects. DP World subsidiary Drydocks World-Dubai has announced a strategic agreement with UK-based Silverstream Technologies to drive maritime decarbonisation in the Middle East. Under the agreement, the companies will promote the use of air lubrication technology in…
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MOL Signs Deal to Build 2nd Bulk Carrier Equipped with ‘Wind Challenger’ Hard Sail System
Reducing Environmental Impact by Using Wind as Vessel’s Propulsive Force TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL) (Aug10) announced its intent to equip a second bulk carrier with the “Wind Challenger” (Note 1) hard sail system, which harnesses the power of wind to propel the vessel. MOL Group company MOL Drybulk Ltd.…
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Performance Team – a Maersk Company announces new cold chain facility in South Carolina
Investment will add more capacity to improve cold chain efficiency and enhance supply chain competitiveness. El Segundo, California USA: Performance Team – A Maersk Company has announced a new cold storage facility planned for Ridgeville, South Carolina to serve temperature-controlled goods, opening in Q1 2023. The new facility will offer a strong…
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Bilateral agreement between AP Moller Maersk International and the Suez Canal
Plan of A.P. Moller Maersk to transform the Suez Canal Container Terminal into a smart terminal operated by the latest smart systems ِAdmiral Osama Rabie, Chairman of the Suez Canal Authority, concluded his four-day foreign tour in the Netherlands and Denmark, from 7-10/8, during which it aimed to discuss ways…
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Hapag-Lloyd revenues up to EUR 17 billion in first half year of 2022
Global supply chains remain under significant pressure due to persistent capacity bottlenecks in ports and congested hinterland infrastructures Result significantly higher than prior-year period Transport volume at prior-year level Outlook upgraded based on current business performance Uncertainties remain due to the war in Ukraine and the COVID-19 pandemic Hapag-Lloyd has…
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Xeneta real-time container rates update: week 32
Short- and long-term rates converge on Far East to US routes, offering opportunity for carriers and shippers alike Declining spot rates on the Far East to US West Coast and East Coast ocean freight trades have converged with historically strong long-term rates, presenting business opportunities for both carriers and shippers.…
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ABS : 2022 SAFETY4SEA Sustainability Award
We are pleased to announce that ABS has been shortlisted for the Sustainability 2022 SAFETY4SEA Award and we need your vote! ABS posted ABS called to vote for ABS for the Sustainability Award. Voting is open now and closes on Friday, September 2nd. The winners will be announced at the…
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