Germany Builds up LNG Import Terminals
German utility RWE on Jan. 1 handed over floating liquefied natural gas (LNG) infrastructure at Brunsbuettel on the North Sea to state-owned Deutsche Energy Terminal (DET) as agreed when first imports arrived 10 months ago, it said.DET is now the sole operational manager and markets the capacity of the Brunsbuettel Elbehafen LNG project.Germany's quest to increase LNG capacity for regasification on its shores has intensified as it seeks to end reliance on Russian pipeline gas…
Goldsworthy Takes Over as CEO at IMarEST
The Institute of Marine Engineering, Science & Technology (IMarEST) announced it has appointed Chris Goldsworthy as its new chief executive. Goldsworthy replaces Gwynne Lewis who is retiring, having been in the position since 2020.Goldsworthy is a fellow of the IMarEST and former Cyprus branch chair. He embarked on his career as an engineer cadet with P&O Containers, where he spent 16 years at sea, achieving the rank of chief engineer officer.
Ethiopia Signs Pact to Use Somaliland's Red Sea Port
Landlocked Ethiopia signed an initial agreement with Somalia's breakaway region of Somaliland on Monday to use its Red Sea port of Berbera, Prime Minister Abiy Ahmed's office said.The Horn of Africa country currently relies on neighbouring Djibouti for most of its maritime trade."This has been now agreed with our Somaliland brothers and an MoU (Memorandum of Understanding) has been signed today," Abiy said at the signing ceremony with Somaliland President Muse Bihi Abdi in the Ethiopian capital…
Iranian Warship Enters the Red Sea
Iran's Alborz warship has entered the Red Sea, the semi-official Tasnim news agency reported on Monday, at a time of soaring tensions on the key shipping route amid the Israel-Hamas war and attacks on vessels by forces allied to Tehran.Tasnim did not give details of the Alborz's mission but said Iranian warships had been operating in open waters to secure shipping routes, combat piracy and carry out…
CMA CGM Hikes Shipping Rates Between Asia and Mediterranean
Unlisted French shipping group CMA CGM increased its container shipping rates from Asia to the Mediterranean region by up to 100% as of Jan. 15 compared to Jan.
Golden Ocean Names Svensen CEO
Oslo-headquartered dry bulk shipping company Golden Ocean Group announced its board has appointed Lars-Christian Svensen as CEO, effective January 1, 2024.Svensen had been serving as interim CEO following the resignation of the company's previous CEO, Ulrik Andersen, in June 2023.Svensen joined Golden Ocean as chief commercial officer in December 2020 and was previously senior vice president in Norway and president of U.S. trading activities in Seattle for Western Bulk.
New Tech to Monitor a Ship's Black Carbon Emissions
Green Instruments A/S and Danish Technological Institute have developed a real-time flue gas sensor technology - The Extinction-Minus-Scattering (EMS) measurement method - to accurately measure black carbon emissions from ships, a tech which could be instrumental in meeting increasing regulatory demands of the shipping industry for black carbon emission standards. The EMS method enables real-time in-situ measurement capabilities…
Great Ships of 2023: Icon of the Seas
“Turku is building the real big ships,” said Meyer Turku CEO Tim Meyer.Meyer is not exaggerating. The yard’s latest newbuild, Icon of the Seas—the first ship of Royal Caribbean’s Icon class—is 248,655 GT, making it the largest cruise ship ever constructed.In general, the cruise ships rolling out of the nearly 300-year-old Finnish shipyard have been steadily increasing in size since the Meyer Group took full ownership in 2015.
ISS Takes Majority Stake in Leth Suez Transit
Inchcape Shipping Services has taken a major share of Leth Suez Transit Ltd AS (LETH). Under the new ownership structure, Otto Jervell, the CEO of LETH, will continue…
New IMO Secretary-General Welcomes Era of Progression
The new IMO Secretary-General Arsenio Dominguez has released a video with his 2024 message to the industry, saying:“Here at IMO, we have a great trajectory of successes. But of course, we can always do more. I don't need to tell you how vital the shipping industry is for the world. And IMO has done much to support its member states, seafarers, the industry and everyone who lives on the planet. For example…
