The 2020 sulfur emissions legislation will enter into force without delay, Edmond Hughes, IMO’s head of air pollution and energy efficiency (MEPC) said while speaking in Athens recently. The reassurance was made to put an end to the overall confusion plaguing the industry amid rumored delays in the
The cellular containership fleet has reached a new high of 21 million TEU in November, according to Alphaliner. However, the fleet growth was somewhat slower than expected over the past two years as it took 22 months for the fleet to pass the 20 million TEU threshold. As disclosed, this is the slowe
A product tanker was fired upon while underway some 33 nautical miles South West of Mukalla, Yemen on November 21. The vessel was chased by a speedboat manned by a group of armed persons, who opened fire upon the tanker once it closed in. The crew of the tanker raised the alarm, increased the speed
The whole world would be watching the International Maritime Organization (IMO) in 2018, looking for something of real substance when it comes to reducing greenhouse gas emissions from international shipping, IMO’s Secretary-General Kitack Lim pointed out. “Next year really will be a time when the w
The first aid ship has reached the Yemeni Port of Hudaydah as Saudi Arabia-led Coalition allowed for the Red Sea port to reopen on November 22 in order to receive urgent humanitarian relief. The port was closed at the beginning of November after a rebel-fired ballistic missile, which targeted Riyadh
Global loaded container traffic is on track to break the 200 million teu threshold this year for the first time ever, shipping consultancy Drewry said citing recent port and trade statistics. “The Drewry Global Container Port Throughput Index shows no sign of slowing down, with the latest reading fo
It was a happy occasion, last September 20 at Royal IHC’s shipyard in Kinderdijk, the Netherlands. An international crowd had gathered to see the launch ceremony of Arzana, the 6,000 cubic metre trailing suction hopper dredger for National Marine Dredging Company (NMDC) from Abu Dhabi. Flowers adorn
Owner and operator of floating LNG import terminals Höegh LNG Holdings has terminated the 20-year charter contract for a floating storage and regasification unit (FSRU) with Global Energy Infrastructure Limited (GEI). The FSRU charter agreement signed on December 15, 2016 was intended for the FSRU #
Israeli container shipping company ZIM reaped the fruits of the market recovery and returned to the black in the third quarter of 2017 posting a net profit of USD 25.2 million. The profit was reported against a loss of USD 37.6 million booked in the corresponding quarter of 2016. “The industry is st
An Indian captain was left to his own devices for a year on board an oil tanker Hamed 2, which was abandoned by its owner in the waters of the United Arab Emirates. Nirmal Singh Rawat, 27, revealed in an interview with the GulfNews, that he was left without basic provisions and even drinking water [
In 2012, DNV GL predicted that by 2020, the LNG-fuelled fleet would comprise around 1,000 vessels. Three years later, this figure was revised downwards to between 400 and 600 vessels, with low oil price and slower than expected development of bunkering infrastructure cited as key reasons. Today, the
Saudi Arabia’s Public Transport Authority (PTA) has raised the country’s flag on Shaden, a very large crude carrier (VLCC) owned and operated by National Shipping Company of Saudi Arabia (Bahri). At a ceremony held at Port of Ras Tanura on November 23, the new vessel joined the country’s maritime fl
The release of the Paradise Papers, a global investigation that revealed the offshore activities of some of the world’s most powerful people and companies, has caused a stir in various sectors, including the shipping industry. The Paradise Papers disclosed offshore interests and activities of more t
Qatar-based maritime transport and logistics conglomerate Milaha is launching a direct feeder service between Sri Lanka and Bangladesh this month. The new service, called BCX, will be operated via two vessels with a capacity of 1,200 TEUs, following a Colombo-Chittagong-Colombo rotation with a trans
