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Maritime transportation of goods is expensive due to fuel costs. Signol, a digital service, aims to improve fuel efficiency by influencing crew behavior. By setting goals and offering incentives, crews can save significant fuel. This not only reduces emissions but also promotes sustainability in the shipping industry.
Maritime ports of Chattogram, Cox’s Bazar, Mongla, and Payra have been advised to hoist local cautionary signal no 3 as Cyclone Remal is expected to pass through Bangladesh for about three days after hitting coastal areas tonight. The depression over the central Bay of Bengal is intensifying into a cyclonic storm.
The International Maritime Organization (IMO) in London condemned attacks on ships in the Red Sea and Gulf of Aden, calling them illegal and unjustifiable. The resolution demanded the immediate release of hostages and urged peaceful dialogue to resolve the crisis. The Red Sea is a crucial route for oil and fuel shipments.
The RNLI was praised for their 10-hour operation to save a historic sailing vessel in distress. The 1892 Brixham trawler, Leader, was assisted by three RNLI crews to reach safety. The vessel, now used as a training ship, was escorted to port for repairs, ensuring its continued service.
Both countries serve as significant transit and trade hubs, sharing FTAs to bolster trade relationships. India is poised to become a key destination in this new corridor, with the Chabahar Port boosting cargo movements. Kazakhstan and Singapore aim to expand their influence through the Trans-Caspian route and Eurasian market, driving innovation and investment.
Perched atop the Souda Mountains in the Abha region of Asir province in southern Saudi Arabia is a modest museum created by Halima Asiri. Passionate about old Saudi heritage, Asiri established the Tahlel Museum in a small traditional house. The museum showcases Al-Qatt Al-Asiri art, traditional attire, antiques, and more.
Lloyd’s Register (LR) approves Seaspan Corporation’s next generation feeder vessel design, convertible from LNG to ammonia. This AiP project reflects Seaspan’s commitment to decarbonization. Collaborating with Technolog and LR, Seaspan anticipates future challenges in the shipping industry. Phase 2 focuses on a dual-fuel ammonia feed vessel for decarbonization journey.
More than 100 Alumacraft Boat Co. workers were laid off this week, marking the second round of job cuts in eight months by parent company BRP. St. Peter Mayor Shanon Nowell expressed disappointment, hoping those affected will find new jobs in the region. The layoffs were due to softening consumer demand in the boat industry.
Proman Stena Bulk christened the Stena Prosperous, the final methanol-powered tanker in a joint venture with Stena Bulk. The vessel received 1,340 tonnes of methanol blend in Singapore, achieving significant CO2e savings. The six-vessel fleet is operated by Northern Marine Group and benefits from the LEMSCO Fund for sustainable investments.
Yemen’s Houthis claimed attacks on three ships in the Red Sea, Mediterranean Sea, and Arabian Sea. However, the ship manager in the Mediterranean reported no signs of an incident. The Houthi attacks are part of a campaign in solidarity with Palestinians. The US reported no injuries from recent missile launches.
The European Commission has referred Italy to the Court of Justice of the EU for failing to implement the Directive on maritime spatial planning. This Directive aims to promote a sustainable blue economy, conservation of marine ecosystems, and the objectives of the European Green Deal. Italy has not submitted its maritime spatial plans as required.
A.P. Moller Capital and an Indian entity signed an MoU to establish a joint venture, aiming to expand their transport and logistics portfolio in India. Managed by Robert M Uggla, it focuses on critical infrastructure investments in transportation and energy transition. With plans to invest over $750mn in South and Southeast Asia, A.P. Moller Capital is committed to sustainable growth.
The Bangladesh meteorological department reported a well-marked low over the Bay of Bengal has developed into a depression, moving northeast-wards. With maximum sustained wind speeds of 40-50 kph, maritime ports have been advised to hoist cautionary signals. The Indian Meteorological Department forecasts it could intensify into a severe cyclonic storm.
Lee Chi-kyung, Secretary of Maritime Industrial Technology at the Ministry of Oceans and Fisheries, announced plans for an environmentally friendly shipping route connecting South Korean ports to Seattle and Tacoma. Ships ordered from Hyundai Samho Heavy Industries and HJ Shipbuilding for delivery between 2025 and 2026. EU’s Emissions Trading System to impact South Korean ships.
