DP World has announced the acquisition of 47,000 TEUs (Twenty-foot Equivalent Units) that are now registered and branded under the company. This strategic move significantly enhances DP World’s cargo capacity, allowing for a more agile response to customer needs. The addition of these containers ensures seamless access to vital container capacity, empowering customers to maintain […]
Iran appears to have halted or heavily cut back crude oil exports from its Single Buoy Mooring (SBM) off the Kooh Mobarak oil storage facility. The Kooh Mobarak SBM, 30 nautical miles west of Bandar-e Jask, is Iran’s only point of export outside the Gulf, and does not require passage through the Straits of Hormuz. It was designed […]
A.P. Moller – Maersk celebrated the naming of its latest dual-fuel methanol container vessel, Alexandra Maersk, today at the Port of Felixstowe, England. This 16,000 TEU vessel is the fifth in a series of innovative ships, reinforcing the company’s commitment to sustainable shipping. Mike Kane, the UK’s Maritime Minister, highlighted the significance of this vessel […]
SEA-LNG, an industry coalition, is emphasizing the rapid growth of LNG-fueled vessels within the global fleet and the ongoing investments from major shipping companies in this emerging sector. Established eight years ago, SEA-LNG advocates for LNG as a viable marine fuel option, highlighting significant advancements in addressing environmental concerns related to methane emissions. According to […]
Hurricane Milton is rapidly intensifying as it moves across the Gulf of Mexico, now classified as a high-Category 5 storm, with sustained winds reaching 155 knots and a dangerously low central pressure of 897 mb. According to the National Hurricane Center (NHC), conditions could allow for further intensification overnight due to the warm waters of […]
Videos released from both the Houthis and the crew of the Cordelia Moon (163,288 dwt) provide stark contrasts in the narrative surrounding the recent attack on the tanker. The incident occurred on October 1 while the empty crude oil tanker was en route north through the Red Sea toward Suez, approximately 64 nautical miles from […]
Oil prices experienced a slight uptick due to ongoing conflicts in the Middle East and rising economic activity in the world’s largest oil-consuming nations, the US and China. These factors have heightened expectations for increased oil demand. However, the prospect of Saudi Arabia boosting its oil production in December has tempered further price increases. As […]
Dubai Maritime City (DMC) has successfully completed significant infrastructure upgrades, enhancing its ship handling capacity and reinforcing Dubai’s position as a leading global maritime hub. The upgrades include retrofitting DMC’s ship lifts, introducing new ship cradles, and activating advanced substations and shore power supplies. With the installation of upgraded 6,000-tonne and 3,000-tonne ship lifts, DMC […]
Schoeller Holdings and Deutsche Offshore Schiffahrt have identified a pressing need for more versatile offshore vessels, leading to their recent joint venture and the order of four innovative Construction Commissioning Service Operation Vessels (C-CSOV). These vessels are designed to address the increasing demand for support ships in the global energy market, particularly as Europe advances […]
South Korea proudly announces the successful completion of installation and testing for the first containership equipped with an integrated automation system, which is now set to begin international service. This groundbreaking project, supported by the Ministry of Trade, Industry and Energy and the Ministry of Oceans and Fisheries, aims to advance and commercialize autonomous shipping […]
Subscribe to receive our latest offers and news via your Phone Number
© 2024 Mosaco Shipping, All Rights Reserved
