Egypt will ask for over $1 billion in compensation for damages caused by the grounding of Ever Given and the resulting blockage of the Suez Canal last week, Reuters reports citing Suez Canal Authority (SCA) Chairman Osama Rabie as saying to local reporters. The compensation is also expected to cover
Spanish ferry operator Baleària has selected its LNG-fueled ferry Hypatia De Alejandria to operate the route between the Spanish town of Motril and the Spanish autonomous city of Melilla in North Africa.
China State Shipbuilding Corporation will build Seaspan’s latest batch of six container vessels featuring 15,000 TEU capacity. The company’s subsidiaries Hudong Zhonghua and Jiangnan Shipbuilding will build three ships from the series each. This project marks the first time that Seaspan has placed a
Swiss shipping major Mediterranean Shipping Company (MSC) has reaffirmed its commitment to avoiding the Northern Sea Route, including the Northeast and Northwest Passages on environmental grounds. “As a responsible company, this was an obvious decision for us,” commented MSC CEO Soren Toft. “MSC wil
The National Oceanography Centre’s (NOC) RRS Discovery has set sail for an expedition to the Porcupine Abyssal Plain Sustained Observatory (PAP-SO), aimed at understanding the long-term changes in the oceans.
Norwegian vessel owner and operator Volstad Maritime has extended a charter contract with subsea services provider DeepOcean for the Volantis vessel.
Chinese shipyard Cosco has started working on a conversion of a VLCC into an FPSO for the Woodside -operated Sangomar project located offshore Senegal.
German engine manufacturer MAN Energy Solutions has won an order for ten ME-GI dual-fuel engines from South Korean ship maker Samsung Heavy Industries (SHI). The 8G95ME-GI10.5 engines will power ten 15,000 TEU containerships ordered recently by Seaspan Corporation. The vessels are scheduled for deli
South Korean shipbuilding giant Korea Shipbuilding & Offshore Engineering Co. (KSOE) continues its success in securing new orders, meeting the projections of the sector’s full recovery in 2021.
The Finnish technology group Wärtsilä has signed a maintenance deal with Minerva Gas for the latter’s five LNG carriers.
As the maritime industry embarks upon the fourth propulsion revolution, ammonia has been identified as one of the key alternatives to fossil fuels in the shipping’s pathway toward becoming carbon neutral. There has been a notable increase in the uptake of large ammonia vessels over the past year, ac
Japanese cruise shipping company NYK Cruises, part of the NYK Group, has ordered an LNG-powered 51,950 GT cruise ship from German shipbuilder Meyer Werft.
ExxonMobil is preparing to start up a gas compressor on its Liza Destiny FPSO, operating off Guyana, following a technical issue.
Allseas has equipped its Pioneering Spirit vessel with a second lift system capable of removing and installing complete jackets in one go.
