A major cross sectoral initiative tasked with reducing methane emissions across the maritime industry has announced seven new members at a Lloyd’s Register LNG Forum event in Doha, Qatar. New members of the Methane Abatement in Maritime Innovation Initiative (MAMII)...

Read More

The second hand market for ships has declined to just $7 billion, versus $13.5 billion in the same period of 2022. In its latest weekly report, shipbroker Xclusiv said that “the global economy is holding its breath as two American banks, Silicon Valley Bank & New...

Read More

Confirmed it was an explosion, worker died in explosion. 400,000 barrels of oil on board. No power on board after engine room was flooded. Prime Minister alerted, he’s monitoring situation, ordering Navy and Ministry of Transport to assist by all means possible. No...

Read More

German ocean carrier Hapag-Lloyd announced the addition of a new service in Asia that will have flexible port coverage. This new service, Vietnam Indonesia Straits (VIS), will be effective in April and will replace Hapag-Lloyd’s VNF and SPL services. The rotation of...

Read More

The Saudi Ports Authority (Mawani) has announced the addition of King Abdulaziz Port to the IMX service run by a maritime consortium that includes Qatar-based shipping and logistics conglomerate Milaha, vessel operator X-Press Feeders, and short-sea carrier Unifeeder....

Read More