Economou Expands Influence in OceanPal Holdings
Greek shipping tycoon George Economou has recently increased his shareholding in OceanPal, a dry bulk company with connections to the Palios family
Europe
Maritime Safety Breach: UK Port Captain's High Alcohol Level
A 65-year-old captain faces sentencing after admitting he was in command of a containership while exceeding the legal alcohol limit for seafarers
Novatek's Baltic Terminal Targeted by Drones from Ukraine
Executing the mission with the aid of two long-range drones, the operation led to a fire at Novatek's gas terminal, prompting the evacuation of staff.
UK MoD to Upgrade Defence Missile System Used in Red Sea
In a statement made by the MoD a missile system will be upgraded to feature a new warhead & software enabling it to counter ballistic missile threads.
Van Oord Takes Charge of Pivotal FSRU Jetty Construction in DE
Van Oord secures contract from FSRU Wilhelmshaven, a venture between ENGIE and TES for construction of FSRU jetty in Wilhelmshaven, Germany.
Germany Will Participate in EU Red Sea Naval Mission
Due to continued attacks on vessels by Iran-backed Houthi militia off the Yemen coast, the most important global shipping lane has been paralyzed
Italian Liner Company Moves Forward with Liquidation Filing
Kalypso Compagnia di Navigazione, a liner company based in Genoa, has officially initiated the liquidation process.
Wheat Futures Rose After Mine Incident in Ukraine
Wheat futures rose due to incident in Black Sea where a vessel preparing to load grain from Ukraine struck a mine, increasing fears of turbulence
Final Investment Decision for Largest Offshore Wind Farm
Ørsted announced its Final Investment Decision (FID) on Hornsea 3, the largest single offshore windfarm globally.
Greek Shipping Advised to Avoid Red Sea Following Attacks
Commercial vessels currently voyaging the Red Sea and the Gulf of Aden have been advised by Greece to avoid Yemeni waters following attacks.
European Union Introduces Revised Sanctions on Oil Price Cap
The EU has recently announced its twelfth round of sanctions aimed at Russia, significantly focusing on the regulation of tanker transactions.
Bulgaria, Romania, Turkey to Remove Mines from Black Sea
Over the nearly 2-year duration of the war, the detection of mines in the Black Sea has been a problem in the conflict between Ukraine & Russia
Hydrotug 1 is the World’s First Hydrogen-Powered Tug
The world’s first hydrogen-powered tugboat successfully launched by Belgian shipping and cleantech group, CMB.TECH & the Port of Antwerp-Bruges.
Havfram Achieves a Deal for German Offshore Wind
Havfram Wind seals contract for work on wind turbine transport and installation on RWE’s 1.6GW offshore wind farm found in the German North Sea.
Now Direct Rail Cargo Between Rijeka & the Czech Republic
Adriatic Gate Container Terminal said first direct freight, container, and train connection from Rijeka to Czech Republic is now launched.
Turkey Dispatches New Drill Vessel to the Mediterranean
Tuesday saw the inauguration of Turkey's newest drilling vessel, that President Recep Tayyip Erdogan stated will be transported to Cyprus.
Prax Group Acquires New 68 Meter Tanker
The Prax Group of Companies company, Harvest Energy Marine, has announced the acquisition of the Fortuna II, a brand-new tanker.
Four More Cargo Ships to Depart Ukraine
Turkish & Ukrainian officials say four ships carrying Ukrainian food left Ukrainian Black Marine ports as part of agreement to open sea exports.
Russia Has a New Oil Trade Route
In light of impending Western sanctions against Moscow, Russia appears to have discovered a new method of selling oil: El Hamra oil port, Egypt.
MoU Signed by Rotterdam & Singapore Ports
MoU signed by the Port Authorities of Rotterdam and Singapore to create the longest green and digital shipping corridor in the world to date.