In 2022, the ICC International Maritime Bureau (IMB) received the lowest number of reported piracy incidents in the first half of a year since 1994.
The Board of cash-strapped Middle East shipyard Lamprell said it would likely recommend acceptance a takeover offer by its largest shareholders provided the terms are the same as “possible offer” that has been put forward.
AD Ports Group and Uzbek oil and gas company SEG have launched a joint venture to open new logistics and freight businesses.
AD Ports Group has expanded its presence in the Red Ssea market with the acquisition of 70% stake in International Cargo Carrier BV.
Maersk has launched a new feeder service between Port Said, at the northern end of the Suez Canal and Vado Gateway at the Port of Genoa, which will reduce transit times.
Med Marine delivered its second MED-A2885 tug to Svitzer earlier this month to join the company’s Suez Canal fleet.