News
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Sisi hails ‘fruitful’ cooperation with Eni, encourages continued exploration
Egypt’s President Abdel-Fattah El-Sisi has issued directives for the government to continue its “fruitful cooperation” with Italian energy group Eni, and he expressed appreciation for Egypt’s ongoing partnership with the group. El-Sisi made the remarks in a meeting on Tuesday with CEO of Eni Claudio Descalzi, which was attended by…
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Xeneta container rates alert: Long-term shipping rates stand strong, for now, in the face of softening global demand
Oslo, Norway – Long-term ocean freight rates climbed yet again in August, edging up 4.1% month-on-month to stand 121.2% higher than this time last year. The latest global data, crowd sourced by Oslo-based Xeneta for its Xeneta Shipping Index (XSI®), demonstrates that, despite softening spot rates, uneven demand and on-going…
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ABS Signs Polish Offshore Wind Sector Deal
ABS joins government-industry collaboration to reach 11GW by 2040 (GDAŃSK) American Bureau of Shipping Poland Sp. z.o.o. is supporting the development of Poland’s offshore wind market by signing the Polish Offshore Wind Sector Deal, an initiative that includes signatories such as Total, Orsted, Equinor and Shell. Investors, developers and supply…
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ABS and NOV Qualifying Pioneering Subsea Ammonia Storage System
(STAVANGER) ABS is providing New Technology Qualification (NTQ) services for pioneering subsea storage technology from NOV. The Joint Development Project (JDP) includes NOV, ABS, Equinor, Shell, The Research Council of Norway and The Net Zero Technology Centre. This project unites a group of industry leaders actively enabling an economical subsea…
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Ports America appoint Matthew Leech Chief Executive Officer
Ports America (“the Company”), the largest marine terminal operator and stevedore in the United States, today announced the appointment of Matthew Leech as President and Chief Executive Officer, effective November 2022. He will succeed Mark Montgomery, who will retire as Chief Executive Officer and continue to support the Company in…
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The new Corsica Linea ferry has successfully left the Visentini Shipyard
A Galeotta is a LNG-powered ro-pax that will operate between France and Corsica with LNG propulsion The new A Galeotta ferry has left the Visentini Shipyard in Porto Viro (Rovigo) and is heading to Trieste for the final works, which will soon be delivered to the Corsica Linea ferry company.…
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Stena Line confirms the fire on the Stena Scandica
The fire occurred at 12.29 when Stena Scandica was on route from Port of Norvik in Sweden to Port of Ventspils in Latvia, carrying 241 passengers and 58 crew. The fire was located to a truck’s cooling container on the car deck and the crew could put it out using…
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Chinese Yard Orders ABB Propulsion System for Giant Offshore Wind Installation Vessel
China’s Yantai CIMC Raffles Shipyard has ordered an integrated power, automation, and propulsion system from ABB for a newbuild offshore wind installation jack-up vessel (JUV) being built for the Dutch marine contractor Van Oord. The vessel, Boreas, is due for delivery to the owner in the second part of 2024,…
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Ports of Stockholm breaks ground to build Sweden’s first cruise ship onshore power connection facilities
Ports of Stockholm is investing in the environment by building onshore power connection facilities for cruise ships at two city centre quays. This environmental initiative will result in significantly lower air pollution emissions in Stockholm and the Baltic Sea. The groundbreaking ceremony to begin building onshore power connections for cruise…
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