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Authorities & Government

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Suez Canal
Authorities & Government

Can plunge in Suez Canal earnings prompt Egypt to broker peace to end Red Sea crisis?

The escalation of attacks on commercial ships in the Red Sea by the Houthi armed forces is further intensifying after increased air strikes by the U.S. and UK forces in Iraq, Syria, and Yemen. Paradoxically, the military intervention has not deterred the Houthi rebels, who have promised further reta

about 2 years ago
Arsenio Dominguez IMO
Authorities & Government

IMO’s decarbonization focus tested amid escalating Red Sea tensions

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Following a major step to create a regulatory framework for the full decarbonization of the maritime industry with the adoption of a revised Greenhouse Gas (GHG) strategy in July last year and alignment with the objectives of the Pairs Agreement on curbing global warming, the International Maritime

about 2 years ago
Maersk containership
Authorities & Government

Red Sea crisis: Missile attacks prompt Maersk subsidiary to halt transits, as emissions surge due to rerouting

Two U.S.-flagged containerships, Maersk Detroit and Maersk Chesapeake, operated by Maersk Line, Limited, a U.S. subsidiary of A.P. Moller-Maersk, were targeted by anti-ship missiles while transiting the Bab el-Mandeb on January 24, 2024. The attacks were confirmed by Maersk saying that the two vesse

about 2 years ago
seafarers on a containership
Authorities & Government

Neglected at sea: Seafarer abandonment surges, showing once again that critical ‘S’ is missing in sustainability

In a disheartening revelation, the International Transport Workers Federation (ITF) has unveiled alarming statistics regarding the abandonment of vessels in 2023. The figures reflect a worrying increase compared to the previous year, signifying an unsettling trend that demands urgent attention from

about 2 years ago
THE RIG; Source: PIF's Oil Park Development Company
Authorities & Government

THE RIG’s master plan: Offshore oil platform-style ‘extreme’ adventure hub doubles in size

THE RIG is set to redefine the water sports and tourism landscape while paying homage to the legacy of Saudi Arabia’s rich oil and gas heritage.

about 2 years ago
Eagle Bulk
Authorities & Government

Eagle’s bulker hit by ‘projectile’, crew uninjured as Red Sea situation continues to escalate

Eagle Bulk Shipping’s bulker MV Gibraltar Eagle is the latest commercial vessel to be targeted by the Houthis in the Red Sea as tensions in the region escalate following U.S. and U.K.-led airstrikes on Houthi’s positions in Yemen. The Conneticut-based dry bulk shipping major confirmed the attack in

about 2 years ago
U.S. Naval Forces Central Command/U.S. 5th Fleet
Authorities & Government

Red Sea crisis escalation: US-UK airstrikes, Houthis’ vessel attacks, spike in oil prices, and tanker trade slowdown

Recent events in the Red Sea have added fuel to the growing fears about the possibility of a wider conflict breaking out across the Middle East, prompting further concerns over oil flows, supply chains, and energy prices in the region and beyond.

15 minutes read
ICCT: Liquified gas tankers to blame for 82% of shipping’s methane emissions in 2021
Authorities & Government

ICCT: Liquified gas tankers to blame for 82% of shipping’s methane emissions in 2021

In 2021, an overwhelming 82 percent of methane emissions from international shipping could be traced back to liquefied gas tankers, primarily LNG carriers, according to the International Council on Clean Transportation (ICCT). The data is derived from an analysis conducted using the ICCT’s Systemati

about 2 years ago
UN adopts resolution demanding immediate halt to Houthi attacks in the Red Sea
Authorities & Government

UN adopts resolution demanding immediate halt to Houthi attacks in the Red Sea

Following what has been described as the ‘largest Houthi drone attack’ in the Red Sea on January 9, the U.N. Security Council adopted a resolution demanding that the Houthis immediately cease all attacks on merchant and commercial vessels. At least 21 missiles and drones were launched toward interna

about 2 years ago
Cameroon
Authorities & Government

UAE bans Cameroon-flagged ships: Is this a clampdown on illegal activities of Russia’s ghost fleet?

The United Arab Emirates (UAE) has banned vessels flying the flag of the Republic of Cameroon from calling UAE waters and ports.

about 2 years ago
Offshore wind: Both challenges and enormous opportunities lie ahead
Authorities & Government

Offshore wind: Both challenges and enormous opportunities lie ahead

The offshore wind industry has faced significant headwinds in the past couple of years, with most of the negative effects tracing their origin back to the start of the COVID-19 pandemic and the geopolitical turmoil caused by Russia’s aggression against Ukraine. This has led to supply chain instabili

about 2 years ago
UMAS
Authorities & Government

NYK CEO warns: Post-cold war international order unsustainable, signalling uncharted waters ahead

The maritime industry stands at the nexus of geopolitical intricacies, grappling with unprecedented challenges that demand astute navigation and strategic foresight. The latest attacks in the Red Sea against merchant ships come on the back of a series of black swan events, each more intricate and ch

about 2 years ago
LNG
Authorities & Government

US-led coalition of global powers warns Houthis to stop ‘illegal attacks’ or ‘bear the consequences’

The governments of the United States, Australia, Bahrain, Belgium, Canada, Denmark, Germany, Italy, Japan, Netherlands, New Zealand, Singapore, and the United Kingdom issued a joint statement warning the Houthis against further attacks in the Red Sea. The statement is being issued on the heels of th

about 2 years ago
Wave energy project now sending clean electricity to Israel's electrical grid
Authorities & Government

Wave energy project now sending clean electricity to Israel’s electrical grid

Swedish-Israeli wave energy developer Eco Wave Power has commenced sending clean electricity from its EWP-EDF One project to the Israeli National Electrical grid. Eco Wave Power has recently finalized the construction of the EWP-EDF One project in the Port of Jaffa which has a 100 KW installed capac

about 2 years ago