Qatar Energy Unveils Rex Tillerson LNG Vessel Qatar Energy unveiled the Rex Tillerson vessel, marking the delivery of the first LNG vessel in its historic shipbuilding program. The Rex Tillerson vessel is named after ExxonMobil’s former Chairman and CEO in recognition of his ongoing achievements in the energy sector. The traditional naming ceremony occurred at […]
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Gazprom To Send Lng From Baltic Region Via Arctic To Avoid Diversion To Africa Arctic routes continue to grow as an alternative to existing trade routes. Russian gas giant Gazprom is the latest company this summer to skip the Suez Canal or reroute to Africa, instead sending a vessel to use the Northern Sea Route
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Turkish Cargo Ship Sank After Colliding With A Vessel Off The Coast Of Iran The Turkish authorities reported on September 9, 2024, that the crew of a Turkish cargo ship had been rescued after it collided with a bulk carrier off the coast of Iran. The 13 crew members of the cargo ship General Knidos
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Top Types Of Containers From the advent of the first containers in the 1950s to the present day, a wide variety of ocean and intermodal containers have emerged as a response to the logistics chain to ensure the correct handling of cargo. Key points to remember are the size and weight of the load, the
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Star Bulk Is Selling Its Oldest Vessel 1. Selling its oldest vessel, the Capesize m/v Star Triumph (built in 2004), for $20 million. The sale is expected to generate $13 million in net proceeds and approximately $7.7 million in proceeds in the third quarter of 2024. 2. Repurchasing 791,015 common shares at an average price
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Afghanistan and Central Asia Collaborate to Boost Regional Trade Afghanistan and Uzbekistan are strengthening trade relations through new agreements, including the Termez International Trade Center and the Uzbekistan-Afghanistan Railway Project. Trade between Afghanistan and its neighbors, including Uzbekistan, Turkmenistan, and Kazakhstan, is growing rapidly, including projects such as the Tapi gas pipeline and the Trans-Afghanistan
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Caspian Sea: World’s Largest Inland Sea Is Shrinking The Caspian Sea is shrinking, and Azerbaijan’s President Ilham Aliyev described it as “catastrophic” consequences. Reuters reports that the president raised the issue of the retreating seawater during a recent meeting with Russian President Vladimir Putin and said the two agreed to discuss the situation. The Caspian
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US Navy Fires Captain Over Steering Issues That Led To Serious Accident In Middle East Last month, the US Navy fired the captain of a warship due to unresolved steering issues that led to a serious accident in the Middle East. Commander Cameron Astor, commander of the Arleigh Burke-class destroyer USS John S. McCain, was
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The success of the Iran-backed Houthis is another example of how America’s enemies are undermining the world order. Even by the standards of the Middle East, the past year has been full of surprises. A surprise attack by Hamas led to the bloodiest day for Jews since the Holocaust. The resulting war between Israel and
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China Sends Marines To Brazil For Joint Military Exercise In Rare Move The invitation to the exercise comes as relations between China and Brazil’s marines have improved recently, and Brasilia has expressed interest in joining the Belt and Road Initiative. South China Sea: China and Singapore have the largest joint naval exercises ever. The report
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