ABGC DMCC, a joint venture firm of Al Seer Marine and BGN, has secured funding to support the construction of three very large gas carriers (VLGCs) in South Korea and Japan. Abu Dhabi’s Al Seer...
https://splash247.com/al-seer-and-bgn-venture-seals-funds-for-gas-carrier-newbuilds/
Prices for private maritime security guards onboard have shot up this year, new analysis from sister title Splash Extra shows. With the Red Sea disruption created by the Houthis latterly combinin...
https://splash247.com/prices-for-private-maritime-security-guards-shoot-up/
Putting paid to reports last week that Chinese and Russian ships were to be given safe passage through the Red Sea by the Houthis, a Chinese tanker was attacked by missiles fired from Yemen on Sa...
AD Ports Group has sealed a deal to acquire majority ownership in the Tbilisi Dry Port in Georgia. The agreement with Inveco, who owns the project with Wilhelmsen, will see the Abu Dhabi-based po...
https://splash247.com/ad-ports-takes-majority-stake-in-georgias-dry-port/
Bloomberg is reporting that Yemen’s Houthis will not target Chinese and Russian ships passing through the Red Sea and Gulf of Aden. Citing unnamed sources, the financial newswire says an agre...
French liner giant CMA CGM has partnered up with recently established Saudi feeder and short-sea operator Folk Maritime to expand its service in the North Red Sea. A new weekly service called Nor...
https://splash247.com/cma-cgm-teams-with-saudi-liner-newcomer/
No LNG carrier has passed through the Suez Canal for more than two months, according to new data published from the United Nations Conference on Trade and Development (UNCTAD). The last LNG ship ...
https://splash247.com/no-lng-carrier-has-transited-the-suez-canal-for-65-days/
Swedish shipowner Stena Bulk has today announced it has entered into a partnership with an investment firm for the operation of an undisclosed number of the company’s existing IMOIIMAX tankers....
https://splash247.com/stena-bulk-forms-new-tanker-operation-partnership/
Salvors will not come to clean up the mess left by Houthi attacks until the situation in the Red Sea calms down, shipping’s top regulator said yesterday. Speaking at a press conference in Londo...
In the 2020s to date, the dry bulk fleet at Bahri, the national shipping company of Saudi Arabia, has more than doubled in size, and plans are afoot to significantly scale up the fleet further. I...