The ABS Middle East Committee meeting brought shipping leaders together to discuss regulatory changes, market based measures, energy efficiency technologies and the key role of people in the energy transition.
Two medium gas carrier newbuildings being built for Exmar LPG at South Korea’s Hyundai Mipo Dockyard are to have Wärtsilä Gas Solutions’ Ammonia Fuel Supply Systems installed.
Yet another attack on commercial vessels in the Red Sea/Gulf of Aden region, this time on the US flagged chemical tanker Torm Thor, again emphasises the difficulty in protecting trading routes from missile and drone attacks.
A landmark piece of legislation in the Philippines – The Magna Carta of Filipino Seafarers – was not signed into law by President Ferdinand Marcos Jr as expected on Monday morning and was later withdrawn by the House of Representatives.
In 2023 the Panama Canal’s revenues increased by 14.9% to $4.97 billion despite handling less cargo due to draught and transits restrictions caused by drought.
Asian container lines including Cosco, Evergreen, HMM, and Ocean Network Express (ONE), as well as Anglo-Eastern Ship Management, are amongst the hardest hit by the European Union’s Emissions Trading System (ETS) which entered force at the...