Egypt's Suez Canal earned revenue of $3 billion in the first six months of 2021, up 8.8% compared with the same period last year, Osama Rabie, the canal authority chairman, said on Sunday.The canal authority will receive a tug boat with a pulling…
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From Trash to Fuel: BioLNG Production Project takes shape in France
EveRé, Elengy, TotalEnergies and the CMA CGM Group are engaged in a study of a BioLNG production plant project at Marseille’s port, aiming to to turn household waste into clean energy and serving as another plank toward the maritime industry's…
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Clearing the Air: Alfa Laval, NMRI Test onboard CO2 Capture
As the marine industry moves toward decarbonization, partnerships that transcend technologies and borders will increasingly play a prominent role. In this regard, Alfa Laval and Japan’s National Maritime Research Institute (NMRI) today announced…
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ClassNK touts Tool for EEXI Compliance
ClassNK released its "EEXI Simplified Planner", an assessment tool for the Energy Efficiency Existing Ship Index (EEXI), which will apply from 2023. EEXI Simplified Planner provides the approximated calculation of a ship’s EEXI by inputting DWT and MCR...
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Construction of Multipurpose Vessel for Smit Lamnalco starts in Turkey
OSD-IMT recently completed the design of a new multipurpose vessel for operator Smit Lamnalco, a design for a MPV 4600 to be built in Turkey at Uzmar Shipyards.Signature features of the new design include a large (185 sq. m.) working deck area…
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Asyad Looking to Sell Stake in Oman Shipping Company
Oman's state-owned transport group Asyad is weighing the sale of a strategic stake in its subsidiary Oman Shipping Company (OSC), three sources familiar with the matter said.Asyad has asked banks to pitch for a mandate to help it review a potential…
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Infrastrata Responds to Triumph Subsea Claims
Triumph Subsea Services last week said it had cancelled a letter of intent with Infrastrata related to the proposed construction of an offshore wind development vessel, and said it wouldn't build any vessels with Infrastrata or any of its shipyards.
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Deal Reached to Release Cargo Ship that Blocked Suez Canal
The owners and insurers of the Ever Given container ship that blocked the Suez Canal in March said on Sunday a formal settlement had been agreed in a compensation dispute, and the canal authority said the vessel would be allowed to sail on July…
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Israel Says Cargo Ship Possibly Attacked En Route to UAE
Israeli defense officials were checking whether Iranian forces were behind a possible attack on a cargo ship under partial Israeli ownership on Saturday on its way from Jeddah to the United Arab Emirates, Israel's N12 Television News reported.The crew ...
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Report: SOCAR Says Platforms Safe after Fire Offshore
Azerbaijan’s state energy company, SOCAR, said on Sunday its offshore gas platforms in the Caspian Sea were safe after media reports of a large fire in the area.Videos and photos published online showed smoke rising above the sea off the coast.
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