UAE-based port operator AD Ports Group has signed a General Corporate Facility agreement with a syndicate of 13 regional and international banks worth approximately $2 billion. The multi-currency facility is divided into three tranches, amounting to €600 million, $620 million, and AED 2,863 million,
The International Maritime Organization’s (IMO) Legal Committee has highlighted the risks and consequences of ship-to-ship transfers in the open ocean and the methods used to obscure ship identities. At its 110th session in London, the committee was informed that a fleet of between 300 to 600 tanker
Maritime industry majors have joined hands on a feasibility study of ammonia as a marine fuel on the U.S. East Coast. Namely, A.P. Moller – Maersk, American Bureau of Shipping, Fleet Management Limited, Georgia Ports Authority, Maersk Mc-Kinney Moller Center for Zero Carbon Shipping, Savage Services
Adani Total Private Limited (ATPL), a 50:50 joint venture between Adani and TotalEnergies, has announced that LNG vessel Milaha Ras Laffan, supplied by TotalEnergies and Qatargas, safely berthed at Dhamra LNG, marking the commencement of the terminal’s commissioning with a number of stages to be com
APM Terminals, part of Danish shipping giant A.P. Moller – Maersk, has revealed its plans to expand the Maasvlakte II terminal at the Port of Rotterdam.
ADNOC Logistics & Services has revealed a new deal with ADNOC Offshore, which amounts to $2.6 billion (AED9.5 billion).
California Air Resources Board (CARB) has approved Clean Air Engineering–Maritime, Inc.’s (CAE-M) latest vessel stack exhaust capture and treatment system, called the “ShoreKat.” The technology aims to reduce emissions from marine vessels while minimizing the impact on vessel performance and operati
Seventeen companies are collaborating with shipping company Samskip to reduce carbon dioxide emissions by using sustainable biofuel to ship their products on board Samskip’s vessels. The initiative, called “insetting,” is promoted by GoodShipping, which provides the opportunity for shippers to trans
Antwerp Terminal Services (ATS), a joint venture between MSC PSA Europe Terminal (MPET) and PSA Antwerp (PSAA), today officially launched the world’s first H2 dual fuel straddle carrier in the Port of Antwerp. The straddle carrier uses H2 dual fuel combustion engine technology, developed by Antwerp-
Associated British Ports (ABP) and Sizewell C are developing plans to locate a direct air capture (DAC) facility at ABP’s Port of Lowestoft, which would be capable of removing carbon dioxide from the atmosphere.
Estonian energy group Elenger has reported that, on its order, two LNG cargoes arrived at the port of Klaipeda from Norway in March, one on the tanker Arctic Aurora and the other on the tanker Arctic Princess. Elenger has booked terminal capacity to bring 10 LNG cargoes until the fall of this year.
The adoption of alternative, low-carbon fuels in the shipping industry is one of the key aspects of achieving the goal of mitigating the impact of international maritime trade on air pollution and the emission of greenhouse gas. Cost is a particularly important consideration, as the adoption of new
Danish shipping giant A.P. Moller-Maersk has signed a Memorandum of Understanding (MoU) with Shanghai International Port Group (SIPG) on strategic cooperation for Shanghai Port methanol marine fuel project.
Ferry operator DFDS, the Port of Dover, Port Boulogne Calais, and Dunkerque-Port have signed a memorandum of understanding (MoU) to collaborate on decarbonizing maritime traffic on the Dover Strait. The agreement was reached at the recently held Anglo-French summit with the aim of accelerating effor
