A.P. Moller - Maersk on Wednesday held a naming ceremony in the U.K.'s Port of Felixstowe for its latest dual-fuel methanol container vessel, Alexandra Maersk.The newbuild is the the sixth vessel in Maersk’s owned fleet that is capable of running on methanol fuel in its main and auxiliary engines
Two large oil tankers were on fire on Friday after colliding near Singapore, the world's biggest refuelling port, with two crew members airlifted to hospital and others rescued from life rafts, authorities and one of the tanker operators said.Singapore is Asia's biggest oil-trading hub and the world's largest bunkering port.
Israel plans to allow more oil tankers to dock at a Red Sea port in Eilat despite environmental risks, as it strives to maintain energy security amid conflict on multiple fronts, according to Israeli officials and government documents.Prime Minister Benjamin Netanyahu's office wants to revoke restrictions on the amount of oil that can be unloaded at a jetty in the city
Finland will release an oil tanker which investigators believe broke a Baltic Sea power cable and four internet lines late last year, and will escort the vessel to international waters even as the criminal probe continues, police said on Sunday.The Cook Islands-registered Eagle S was boarded by Finland's coast guard on December 26 and has been held in custody while authorities probed the case
German container shipper Hapag-Lloyd said on Thursday the global oversupply of container ships and a crisis in the Red Sea will force it to cut costs in 2024, adapting sailings and ports following a bruising 83% fall in net profit.Ship operators face prolonged disruption while Yemen-based Houthi militants are attacking vessels travelling on one of the world's busiest routes