News
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Navy accepts delivery of LCS 25
PEO ships reports that the Navy has now accepted delivery of the future USS Marinette (LCS 25) from Lockheed Martin at the Fincantieri Marinette Marine shipyard in Marinette, Wis. The ship is a Freedom variant littoral combat ship, Earlier ships in the class suffered mechanical issues that led the Pentagon to seek to decommission…
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Container Fire Continues to Burn at Port of Iskenderun
Despite reports that it has been extinguished, the container fire at the port of Iskenderun continues to burn into its second day, according to correspondents on the ground and Istanbul’s municipal administration. The magnitude 7.8 earthquake that struck southern Turkey on Monday had a significant impact on the port, toppling…
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Nigerian Navy Evacuates Six Crewmembers from Tanker
The Nigerian Navy is reporting that it responded to a call for assistance from a tanker waiting near the Lagos oil operations after six crewmembers became ill possibly from fumes in one of the tanks aboard the vessel. Reports are confused with some media outlets suggesting asphyxiation saying six sailors…
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SCA denies the published misinformation on the contracting of a company to provide its services
Adm. Ossama Rabiee, Chairman and Managing Director of the Suez Canal Authority, has denied the groundless misinformation published by anonymous accounts on a number of social media platforms on the SCA’s 99 year-long concession agreement with a company that would provide the SCA’s own services, and deems such allegations completely…
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Chinese Vessel in Distress Attracts Help – And Suspicion
The Philippine Coast Guard has rescued the crew of a Chinese vessel off the coast of Samar, an island on the eastern side of the archipelago. The vessel was taken in tow and brought to Tacloban, but its mission and the identity of its crewmembers are unclear, according to the…
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NYK Invests in AI Company for Autonomous Shipping and Applications
Japan’s Nippon Yusen Kaisha (NYK) is becoming the latest large shipping company to invest in the development and utilization of Artificial Intelligence (AI) for applications in shipping and more broadly in a range of industries. The shipping giant is investing in and will partner with a five-year-old Japanese company, Ghelia,…
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Euronav Files Second Merger Arbitration While Expecting First Decision
The back and forth in the dispute over the failed proposal for the combination of Euronav and Frontline continues to create uncertainty for one of the largest tanker operators. In the latest move, Euronav confirmed that it proceeding with a second arbitration action against Frontline while it expects a judgment…
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Qatar Replaces Novatek in Lebanon’s Qana Gas Field Project
State-owned Qatar Energy, one of the largest natural gas producers in the world, has agreed to join the French/Italian partnership behind the development of Lebanon’s first offshore energy projects. Qatar replaces Russian natural gas company Novatek, which has withdrawn under sanctions related to the Russian war in Ukraine. Qatar Energy…
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CMA CGM Launches $217M Fund Supporting Decarbonization Projects
Following up on its previous commitments to fund a broad range of projects to contribute to the decarbonization of shipping, CMA CGM announced that applications are currently being accepted for the first year of the project. The shipping giant is accepting applications for a total of €200 million ($218 million)…
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The marine ambulance service of the Canal responds to transferring a patient from one of the transiting vessels to receive treatment at the hospital
The marine ambulance service of the Canal responds to transferring a patient from one of the transiting vessels to receive treatment at the hospital. Putting into effect the services of Suez Canal’s marine ambulance, the SCA managed to rapidly handle the distress call received from the Master of the container…
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