Inchcape Shipping Services announced a major investment in Leth Suez Transit, a global shipping agency headquartered in Egypt.

Cosco Shipping Energy Transportation has inked a shipbuilding contract for six methanol-fuelled tankers with Cosco Shipping Heavy Industry.

Singapore shipyard group Seatrium has secured a contract from Shell Offshore Inc to construct and integrate the hull, topsides and living quarters of the Sparta semi-submersible Floating Production Unit (FPU).

AD Ports Group has signed a concession agreement with the Red Sea Ports Authority (RSPA) to develop and operate a new multi-purpose terminal at Safaga Sea Port in Egypt.

Taiwanese bulk carrier owner Wisdom Marine Group has formed a ship management joint venture with Synergy Group.

The EU’s Emission’s Trading System for shipping, the resurgence of piracy, and electronic trade documentation are all trends to keep a watchful eye on in the new year according to Keystone Law.

The Brazilian Federal Prosecutors’ Office has dropped corruption charges against a former Sembcorp Marine (Sembmarine) employee and a former consultant to the Singapore shipyard group.

Cosco Shipping Technology, a subsidiary of Cosco Shipping, has announced it is joining in One Sea autonomous shipping association, the first member from China.

Saudi Arabia’s ACWA has signed a framework agreement on the development of the first phase of a green hydrogen project in Egypt.