Beauty, they say, is in the eye of the beholder, but few observers would describe the widening chasm that has opened between western and some Middle Eastern interests in the Red Sea as objectively attractive.
CMB.TECH has announced the order of the world’s first ammonia-powered container vessel in partnership with Yara Clean Ammonia, North Sea Container Line and Yara International.
Unifeeder Group has signed long-term charters for two more feeder vessels for its European network.
Seafarers covered by International Bargaining Forum (IBF) agreements can refuse to sail through the Southern Red Sea and Gulf of Aden, but it takes a high level of pre-planning according to ITF head Stephen Cotton.
Delivery of CMA CGM’s latest LNG-powered 2,000 teu container ships from Hyundai Mipo Dockyard has begun with CMA CGM Mermaid.