Continued attacks on commercial shipping in the Red Sea, including a missile strike on a Norwegian chemical tanker, have prompted more vessel operators to halt Suez transits or divert vessels around the African Cape.
Louis Dreyfus Company (LDC) has chosen suction sails developed by Barcelona-based bound4blue for installation on board the 34,584 dwt fruit juice tanker Atlantic Orchard.
APM Terminals has commissioned two ZPMC Super-Post Panamax ship-to-shore (STS) cranes at its Port Elizabeth terminal at the Port of New York and New Jersey.
Geopolitical and meteorological events are continuing to reshape global container shipping trading patterns as vessels look for alternatives to all water routes via the Suez and Panama Canals.
The US is launching a multi-national security initiative – Operation Prosperity Guardian – to protect shipping in the Red Sea and the Gulf of Aden from attacks by Houthi militia.
Shanghai International Port Group (SIPG) and Evergreen have signed cooperation Memorandum of Understanding (MoU) for green methanol supply and refueling at Shanghai port.
Mitsui OSK Lines (MOL) is set to be the first shipping company to issue “blue bonds” through a public offering in Japan's domestic market in January 2024.
