Egypt's Suez Canal Economic Zone (SCZONE) on Tuesday announced it signed a $500 million contract with the Suez Canal Container Company (SCCT) to establish a second container handling terminal in East Port Said.The project will expand the existing SCCT’s Container Terminal at Port Said East Port, with a length of 955m and a handling yard of 510,000 m2.
A tanker was hit by a projectile off the coast of Oman on Tuesday, causing minor damage to the hull with no injuries or spillage of the gas oil cargo, Eastern Pacific Shipping, which manages tanker Pacific Zircon, said on Wednesday. The Singapore-based firm, which is controlled by Israeli billionaire Idan Ofer
Norway's Kongsberg Maritime has secured a contract award with Polish shipbuilder Remontowa Shipbuilding SA (RSB) to supply three shipsets of Kongsberg Hugin Autonomous Underwater Vehicle (AUV) systems and related HiPAP positioning and communication systems for three newbuild warships for the Polish Navy.
Norway has deployed a specialist vessel to inspect a subsea gas pipeline to Germany because of safety concerns after suspected sabotage last month on two Nord Stream pipelines between Russia and Germany, according to sources and data.Norway, Europe's largest gas supplier, last week put its energy sector on high alert
Dutch offshore installation firm Heerema Marine Contractors said Tuesday it had broken a world lifting record with the installation of a 17,000 metric ton TotalEnergies' Tyra TEG module in the Danish sector of the North Sea.The TEG module, described as the biggest Tyra II project topside, was installed on the last remaining bare jacket at the Tyra offshore field.
Singapore-based Eastern Pacific Shipping (EPS) said it has secured a contract from U.S.-based Crowley for the charter of four dual fuel liquified natural gas (LNG) powered containership newbuilds.The 1,400-TEU vessels, which will be built by South Korea’s Hyundai Mipo Dockyard for delivery in 2025, will be deployed on Crowley’s U.S.-Central America trade connecting U.S.
A fire erupted on Saturday at an oil terminal in Venezuela when a hose used for supplying gasoline to a tanker broke lose, the country's oil minister Tareck El Aissami said.The fire, which occurred early on Saturday at one of Guaraguao terminal's berths, located on Venezuela's eastern coast, was extinguished shortly after
Remote-controlled cameras will take over responsibility from U.S.-led peacekeepers for ensuring international shipping retains freedom of access to the Gulf of Aqaba, whose coastline is shared by Israel and three Arab nations, officials said.Tiran island, which lies in the straits of the same name at the mouth of the gulf
Austal USA has won a $230.5 million contract for the detailed design and construction of EPF 16, the Navy’s newest Expeditionary Fast Transport (EPF) ship.Austal USA has so far delivered 12 EPFs. Three additional EPFs are currently under construction. "EPFs have demonstrated their operational capability to conduct a variety of missions to include humanitarian assistance, disaster relief
Tanker shipping company Hafnia on Thursday announced it has completed its acquisition of 32 product/chemical tankers from Chemical Tankers and 12 LR1 tankers from Scorpio Tankers.Singapore-headquartered Hafnia, created through a merger between Hafnia Tankers and BW Tankers in 2019, now has an owned fleet of 152 vessels and commercially managed fleet of 242 vessels.
A project to expand parts of the Suez Canal is expected to be completed after two years of work in July 2023, the chairman of the Suez Canal Authority (SCA) said on Sunday.The SCA announced accelerated plans to extend a second channel of the canal and to enlarge an existing channel after the Ever Given container ship ran aground and blocked the waterway for six days last year.
Nashville-based Ingram Marine Group, one of the largest barging companies in the U.S., announced Monday that David O’Loughlin will retire from his role as CEO. He will be succeeded by John Roberts, the company’s current chief operating officer, who will take the helm as the new president and CEO on February 1.