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.

The situation in the Red Sea, with vessels switching to longer voyages to avoid attacks, has been the subject of considerable commentary.

Three container ships, one each from MSC, Maersk and CMA CGM, were identified on VesselsValue AIS heading south in the Suez Canal towards the Red Sea danger zone despite the carrier’s saying they had re-routed vessels around the African Cape.

Singapore-based Wilhelmsen Ship Management (WSM) and MPC Capital are buying third-party manager Zeaborn Ship Management.

A sign that times are changing is that young people believe that all people are equal and that diversity is a given, according to Elpi Petraki who has spent over 20 years in the maritime business.