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Backlogs from Suez Closure Could Take Months to Clear
The stranding of a container ship in the Suez Canal has created disruptions in the global shipping industry that could take weeks and possibly months to clear, top container shipping lines said.Around 30% of the world’s shipping container volume - including goods like sofas, consumer electronics, apparel and shoes - moves through the 193 km (120 miles) Suez Canal daily. Empty containers, which Asian factories need to ship goods…
The Suez Canal: A Vital Transit Route With an Ancient History
The Suez Canal, blocked by a giant container ship that ran aground on Tuesday, is the quickest sea route between Asia and Europe and about 15% of global shipping traffic moves through it.The 193-km (120-mile) waterway, run by the state-owned Suez Canal Authority, is a vital source of foreign currency for Egypt.How much oil goes through the canal?Of the 39.2 million barrels per day (bpd) of crude oil imported by seaborne methods in 2020…
Suez Canal Blockage Adds Strain to Global Supply Chains
A stuck container vessel in the Suez Canal, which has blocked the flow of goods through the narrow channel, will add strain to global supply chains already stretched by rebounding economic activity and tight shipping container supplies, analysts said on Friday.The 400-metres long Ever Given container vessel has been stuck in the canal since Tuesday, suspending traffic of containers transporting goods…
Hamburger Lloyd Sells Two Ships to Hapag-Lloyd
Hamburger Lloyd is selling the two widebeam containerships, RHL Constantia (IMO-No. 9495765) and RHL Calliditas (IMO-No. 9495777), to Hapag-Lloyd AG. Hamburger Lloyd will remain responsible for the technical management and crewing of the two freighters. With the purchase of the Constantia and the Calliditas, Hapag-Lloyd AG is expanding its fleet to a total of 17 units in the 4000-6000 TEU ship segment.
South African Navy’s New Patrol Vessel Launched
Damen Shipyards Cape Town (DSCT) on Thursday launched the first of three Multi Mission Inshore Patrol Vessels (MMIPV) procured by ARMSCOR for the South African Navy (SAN).The vessels will augment South Africa’s maritime security by enhancing the country’s capability to respond effectively, rapidly and cost-effectively to threats such as illegal trafficking and fishing.The more than 600-ton vessel was…
Ship Blocking Suez Canal Could Be Stuck for Weeks
A containership blocking the Suez Canal like a "beached whale" may take weeks to free, the salvage company said, as officials stopped all ships entering the channel on Thursday in a new setback for global trade.The 400-meter Ever Given, almost as long as the Empire State Building is high, is blocking transit in both directions through one of the world's busiest shipping channels for oil and grain and…
Suez Canal Traffic Suspended as Efforts Continue to Dislodge Grounded Ship
The Suez Canal temporarily suspended traffic on Thursday as efforts to dislodge a 400 m (430 yard) long container vessel that has blocked the waterway continued for a third day, with eight tugs working to straighten the ship.The Ever Given vessel, almost as long as the Empire State Building is high, ran aground diagonally across the single-lane stretch of the southern canal on Tuesday morning after…
Ever Given Grounding Causes Vessel Logjam In and Near the Suez Canal
Dozens of ships carrying everything from oil to consumer goods have been delayed by the grounding of a vessel in the Suez Canal, and companies may have to reroute cargoes around Africa if the blockage extends beyond 24 hours, shipping sources said.Efforts were underway on Wednesday to refloat the 400-meter, 224,000-tonne Ever Given, which got stranded on Tuesday morning after losing the ability to…
BV Completes Classification of Ghana's LNG Floating Regasification Unit
Bureau Veritas (BV), a testing, inspection, and certification body, has completed the classification of the Torman LNG floating regasification unit (FRU) at Tema port, Ghana in sheltered waters.The unit is combined with a floating storage unit (FSU) for the delivery of gas to onshore consumers."This exciting development of Gasfin’s facility – involving the Torman LNG FRU and a Moss-type LNG floating storage unit (FSU)…
Turkey's Karpowership Among S. Africa's Preferred Bidders for Emergency Power Supply
South Africa's government has selected eight preferred bidders, including Turkey's Karpowership, to provide emergency electricity and help prop up the country's ailing power supply, Energy Minister Gwede Mantashe said on Thursday.The tender for 2,000 megawatts (MW), launched two years ago when South Africa suffered some of the worst power cuts in a decade, aimed to find the cheapest and quickest options…
Hapag-Lloyd Acquires NileDutch
German container shipping company Hapag-Lloyd announced Wednesday it has reached a deal to acquire NileDutch, based in the Netherlands, strengthening Hapag-Lloyd's position in the African market.The sale and purchase agreement will see Hapag-Lloyd acquire all shares of Nile Dutch Investments B.V., subject to the approval of antitrust authorities.Rotterdam-headquartered NileDutch is among leading providers of container services from and to West Africa.
Charity Golf Event to Benefit Mercy Ships
Core Group Resources is hosting a charity golf event in support of Mercy Ships' volunteer crew fund, on March 29, in Katy, Texas, west of the Houston Energy Corridor.The hosts are currently seeking additional teams, sponsors and donations to support the golf outing at the Falcon Point Golf Club, which will also include a barbecue, auction and raffles for golfers and non-golfers alike.Mercy Ships is…
Governments Join Damen's Fight Against Invasive Species in Ballast Water
Climate Investor Two has approved an investment that could amount to €24.5 million ($29.4 million) to support the lease of Damen’s portable ballast water treatment solution InvaSave to customers in Africa, Asia and Latin America.Climate Investor Two (CI2) is a financing facility mandated to invest in water, sanitation and ocean infrastructure projects in emerging economies. It enjoys cornerstone support from the EU and the Dutch Fund for Climate and Development (DFCD).
At Least 39 Die as Two Migrant Boats Sink off Tunisia. Coast Guard Rescues 165
At least 39 migrants died when two boats sank off Tunisia on Tuesday as they tried to cross the Mediterranean to the Italian island of Lampedusa, the Tunisian defense ministry said.The coast guard rescued 165 others, and searches for more survivors are still ongoing off the coast of Sfax, ministry spokesman Mohamed Zekri said. All the dead migrants were from sub-Saharan Africa, he added.The coastline…
Petronav Carriers Charters MR Tanker
Petrogress, Inc., a fully integrated oil commodity business that primarily serves the Mediterranean and West Africa, announced that its wholly owned subsidiary Petronav Carriers LLC on February 17, 2021, entered into a long-term lease agreement (TCH) of an FKAB MR tanker.The TCH anticipates the long-term (four years) lease of a 38,000 DWT oil products and chemical tanker, with an option to lease one more MR tanker within the next two months.
Satcom Global Announces VSAT Coverage Upgrade
Satcom Global announces VSAT coverage upgrade benefitting customers operating in European and Indian Ocean waters.Satcom Global announced another extension to its Aura VSAT maritime communications network, with the addition of two new satellite beams; Astra 4a Nordic and SES-12 IOR.The Astra 4a Nordic Ku-band beam was introduced to the Satcom Global Aura network in December 2020 to support customers operating in European waters.
US Destroyer Docks in Sudan for the First Time in Decades
A U.S. naval destroyer docked on Sudan’s Red Sea coast on Monday in the latest sign of thawing relations with the United States, a day after a visit by a Russian frigate.The visits are a sign of international competition for influence in Sudan, which sits in a volatile region bridging the Horn of Africa, the Gulf, and North Africa, following the 2019 overthrow of long-time ruler Omar al-Bashir.Some 300 marines standing at attention aboard the USS Winston S.
Fishermen Turn to Apps and AI to Tackle Climate Change
From weather predicting apps to using artificial intelligence to monitor the fish they catch, small-scale fishermen and coastal communities are increasingly turning to digital tools to help them be more sustainable and tackle climate change.Overfishing and illegal fishing by commercial vessels inflict significant damage on fisheries and the environment, and take food and jobs from millions of people in coastal communities who rely on fishing…
Grimaldi Group Orders Six RoRo Ships
The Grimaldi Group said it signed an order contract worth more than $500 million for the construction of six new ro/ro multipurpose vessels at Hyundai Mipo Dockyard Co. Ltd (Ulsan) in South Korea.With a length of 250 meters, a beam of 38 meters and a deadweight of 45,684 tonnes, the six newbuilds are expected to be delivered for Grimaldi's Neapolitan Group between the first months of 2023 and the end of 2024.
Siem Offshore Wins W. Africa Deal for Subsea Construction Vessel 'Siem Spearfish'
Norwegian offshore vessel operator Siem Offshore has said it has secured a contract for its Siem Spearfish subsea construction vessel.The contract, with an unnamed client…