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Delays in Egyptian LNG Unloadings Are Disrupting Gas and Shipping Markets

Delays in Egyptian LNG Unloadings Are Disrupting Gas and Shipping Markets

  Delays in unloading LNG cargos at Ain Sokhna in Egypt are exacerbating the shortage of LNG tankers in the Atlantic.  Ain Sokhna lies on the western coast of the Red Sea, 30 miles south of Suez...

Panama Re-Elected To Category A Of The IMO Council During The 34th Assembly

Panama Re-Elected To Category A Of The IMO Council During The 34th Assembly

[By: Panama Ship Registry] The Republic of Panama was re-elected today with 148 votes to Category A of the International Maritime Organization (IMO) Council during the 34th Assembly held in London....

Japanese Shipbuilders and Owners Team Up to Design LCO2 Carrier

Japanese Shipbuilders and Owners Team Up to Design LCO2 Carrier

  The leaders in the Japanese shipbuilding industry and joining up with several of the largest Japanese shipping companies in a new effort to develop a standardized design for a liquified CO2 carri...

Korean Coast Guard Investigates After Cargo Ship Rams Dock

Korean Coast Guard Investigates After Cargo Ship Rams Dock

  [Brief] Coast Guard officials in Busan, South Korea, responded to reports that an arriving cargo ship had rammed the dock and became lodged in the seawall at the busy port. There were no reports...

Seatrium Seeks Arbitration Against Maersk Offshore Wind Over WTIV

Seatrium Seeks Arbitration Against Maersk Offshore Wind Over WTIV

  Singapore-based Seatrium has filed a counterclaim for arbitration against Maersk Offshore Wind in the ongoing dispute over the nearly completed newbuild wind turbine installation vessel ordered i...

Meyer Werft Undocks Second Replenishment Ship for German Navy

Meyer Werft Undocks Second Replenishment Ship for German Navy

Germany’s Meyer Werft, best known for its specialization in large cruise ships, recently undocked an unusual newbuild for the yard, a naval replenishment ship for the German Navy. The ship was part...

X-Press Pearl Compensation Dispute with Sri Lanka Intensifies

X-Press Pearl Compensation Dispute with Sri Lanka Intensifies

  The London P&I Club, acting as assurer to the owners of the MV X-Press Pearl, is intensifying its approaches to the authorities in Sri Lanka over the compensation awarded to cover damage caused b...

Iran Seizes False Flag Vessel in Increased Crackdown on Fuel Smuggling

Iran Seizes False Flag Vessel in Increased Crackdown on Fuel Smuggling

  Iranian officials announced the seizure of a new vessel in the Persian Gulf as they move to further crack down on fuel smuggling in the region. After reporting the latest seizure, saying the ship...

EmissionsLink: IMO Delay Could Spark Fragmentation of Carbon Regulations

EmissionsLink: IMO Delay Could Spark Fragmentation of Carbon Regulations

  Philippos Ioulianou, Managing Director of EmissionLink, has warned the IMO’s decision to delay its Net Zero Framework is creating a regulatory vacuum that threatens to fragment global shipping de...

Hydrex Performs Novel Underwater Repairs With Flexible Mobdocks

Hydrex Performs Novel Underwater Repairs With Flexible Mobdocks

  [By Hydrex] Hydrex is able to perform a wide variety of operations with their flexible mobdocks. These enable them to create a dry environment underwater for divers to work in. There is no nee...