OFAC Sanctions UAE-Based Shipping Company and Eighteen of its Vessels in Connection with Violations of the Russian Price Cap Policy

On January 18, 2024, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced the imposition of sanctions against a United Arab Emirates-based shipping company, Hennesea Holdings Limited (“Hennesea”) and eighteen vessels ultimately owned by Hennesea for violations of the Russian Price Cap Policy. OFAC determined that shortly before the price cap went …

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Tokyo Gas and partners to work on LNG-to-power project in Vietnam

Japanese companies Tokyo Gas and Kyuden, along with Vietnam’s Truong Tan Vietnam Group, have established the Thai Binh LNG Power joint venture (TBLP) to work on an LNG-to-power project in Thai Binh Province, Vietnam. Illustration only; Archive; Courtesy of Tokyo Gas The venture will develop, construct and operate a floating LNG import terminal and a …

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Baleària muestra en Fitur su segundo ‘fast ferry’ propulsado a gas, que unirá Barcelona con Menorca y Mallorca

El presidente de la naviera, Adolfo Utor, ha presentado el innovador buque en un encuentro al que han asistido la presidenta del Govern de les Illes Balears, Marga Prohens, y el presidente de la Generalitat Valenciana, Carlos Mazón, entre otras autoridades La naviera ha invertido 126 millones de euros en la construcción del ‘Margarita Salas’, …

Baleària muestra en Fitur su segundo ‘fast ferry’ propulsado a gas, que unirá Barcelona con Menorca y Mallorca Read More »

Highest level of UK coastguard approval for latest autonomous vessel to join Fugro’s fleet

Fugro has expanded its uncrewed surface vessel (USV) fleet with the addition of a new Blue Essence vessel which has received the highest level of UK coastguard approval. Source: Fugro Fugro Vaquita has joined Fugro’s 12-meter Blue Essence USV fleet and has earned Category 0 approval from the UK Maritime Coastguard Agency (MCA), the highest …

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Crowley Accepts Delivery of eWolf, the First Fully Electric Tugboat in the U.S.

Crowley has accepted delivery of eWolf, the first all-electric, ship assist harbor tugboat in the U.S., a milestone advancing the company’s commitment to sustainability and decarbonization. The tugboat, which was designed by Crowley’s engineering services team, will operate with zero emissions while providing the complete performance capabilities of a traditional tug. The eWolf represents a …

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As more tankers divert from Suez Canal, there’s a ‘sea change’ in way Europe is buying crude

Energy prices for Europe are expected to increase as more petroleum products and crude tankers are diverting away from the Rea Sea and Suez Canal. Longer trips for the Middle-Eastern barrels that replaced Russian flows to Europe introduce supply issues, and this is leading to a “sea change” in commodity purchases by Europe, and a …

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3D measurement and scanning: what is it and why should ship owners care?

Measurement technology has come a long way since tape measures and rulers. 3D measurements not only give you accurate information about length, height and width, they also reveal important information about shape and position. If you’re a ship owner this information can save you money, help make sure your equipment is safe and help you …

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Red Sea shipping stages fragile uptick as US continues to hit Houthi sites

Tanker and commercial shipping traffic through the Red Sea show signs of a fragile recovery from recent lows, according to ship tracking data, after the US and its allies continued to hit Houthi military assets in an attempt to stop the militant group from hurting seaborne trade in the strategic waterway. Vessel transits through the …

Red Sea shipping stages fragile uptick as US continues to hit Houthi sites Read More »

El Puerto de Barcelona promueve un acuerdo con la industria de cruceros para evitar el suministro de agua a los barcos en situación de emergencia por sequía

El Puerto está impulsando la firma de un acuerdo para que, a partir de la declaración de la fase de emergencia por sequía, los barcos se aprovisionen de agua en Barcelona únicamente en caso de no disponer de otras alternativas. Los cruceros representan únicamente el 0,09% del consumo de agua de la ciudad de Barcelona, …

El Puerto de Barcelona promueve un acuerdo con la industria de cruceros para evitar el suministro de agua a los barcos en situación de emergencia por sequía Read More »

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