Maritime News - Page 7

Container volumes handled by Mundra Port in the Indian state of Gujarat expanded by 18 percent in its 2021 fiscal year, overtaking Mumbai's Jawaharlal Nehru Port Trust (JNPT). Mundra handled nearly 5.7 million TEU of cargo over the course of the fiscal year ending March 31, while JNPT handled only around 4.7 million TEUs over the same period - a decline of seven percent year-on-year.

The Shipping Deputy Ministry announced on Thursday the inclusion of Cyprus in the Seabourn Cruise Line`s programme, which is a member of the Carnival Cruise Line.

Bergen LNG, Norway’s first LNG bunkering ship, has been completed and is now ready for its gas trials.

The conversion project was announced back in August 2019  as part of Bergen Tankers’ long-term charter with Gasnor, a part of Royal Dutch Shell.

The Cyprus ministry for shipping, upgraded from a government department with a Cabinet presence since March 2018, is preparing a strategy that will determine the future of the maritime sector for decades to come.

The container and cargo throughput via Hamad, Doha and Al Ruwais ports recorded strong growth momentum in the first quarter (Q1) of 2021, hinting at a rebound in Qatar, whose economy is expected to grow fastest at 5% for the whole of this year, according to the official figures.

The rapid recovery of the global economy that started at the end of the first wave has come with a much faster rebound in global trade than initially expected. This has come with significant supply chain disruptions causing many different types of shortages that have plagued the manufacturing sector over the winter months. 

The Suez Canal Authority (SCA) said the grounded containership had been successfully re-floated with the stern of the vessel now 102 m from the bank of canal rather just 4 m previously.

A giant container ship ran aground in the Suez Canal, blocking off one of the world’s busiest maritime trade routes that’s vital for the movement of everything from oil to consumer goods.

The Port of Rotterdam, Europe’s leading trading hub, is working on the development of a new hydrogen pipeline together with Gasunie to form the backbone of the future hydrogen infrastructure.

U.S. refiners are scaling back on hiring ships for longer periods to save on costs in another sign of uncertainty over when global oil demand will return to pre-COVID levels, shipping and trade sources say.