An offshore deal in the Middle East
Jumbo Offshore signed an MOU with Sea Horizon Offshore Marine Services on 1 February. Under this agreement, Sea Horizon Offshore will provide commercial representation, support operations, and offer project management services for Jumbo Offshore's projects in the UAE, Qatar, and... more
Unifeeder's green fleet grows
Unifeeder Group, a DP World company, has finalised a new deal for two additional methanol-capable container feeder vessels, following an earlier agreement for two ships. The 1,250 teu vessels are set for delivery in 2026, to be deployed in Unifeeder's European network. Unifeeder... more
Welcome aboard 'M/S Finncanopus'
Finnlines' new vessel, ‘M/S Finncanopus’, has arrived at Ports of Stockholm, marking its maiden call. This follows the introduction of ‘M/S Finnsirius’ in September 2023, as part of Finnlines' fleet renewal on the Kapellskär – Långnäs – Naantali route. Like the ‘Finnsirius’,... more
Reborn at the Black Sea
Bulgarian capital Sofia to set itself apart as a pan-regional dry port. Several ongoing key projects in Bulgaria are intertwined. The port of Burgas first doubled the capacity of its terminals through its ‘Rebirth 28’ project, and then expanded its logistical potential inland by... more
A record year for AD Ports
AD Ports Group has reported strong operational and financial performance for 2023, with revenue more than doubling year-on-year to AED 11.68 billion (USD 3.2 billion). Ebitda rose 23% year-on-year to AED 2.67 billion (USD 0.73 billion), with net profit increasing 6% to AED 1.4... more
LNG car carrier on maiden voyage
The port of Immingham welcomed the “CMA CGM Indianapolis” on its maiden voyage. Operated by the CMA CGM Group, the LNG-powered vessel is the first of four car carriers, each with a 7,000-vehicle capacity. The vessel, measuring 200 m in length, operates at a speed of 19... more
Jacksonville's port expands its horizons
In the 2024 state of the port address, Jaxport CEO Eric Green outlined growth initiatives, infrastructure projects, new trade lanes, and partnerships. Key developments include direct container service with South America, an agreement with Enstructure for expanded breakbulk cargo... more
Foundered on ‘Monitoring Reef’
Sale of majority stake in HMM fails, due to conditions for future management. Takeovers tend to fail on account of the price. In the case of the South Korean shipping line HMM, however, the bidder Harim objected to restrictions of its future entrepreneurial freedom. Was it wise,... more
Making livestock fit for re-export?
Australia's department of agriculture, fisheries, and forestry (Daff) reports that all livestock from the “MV Bahijah” have been discharged and trucked to premises in Western Australia. The carrier had loaded cattle and sheep in Fremantle Port bound for the Middle East but... more
RMI approves Anemoi rotor sails
The Republic of the Marshall Islands (RMI) maritime administrator has granted an approval in principle (AIP) to Anemoi Marine Technologies for their rotor sail systems, following a review of two configurations of this wind-propulsion technology. Rotor sails, also known as... more