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  • JAFZA and Dubai Courts launch the 1st virtual court in the Middle East to handle labour litigations

    As part of its efforts to establish excellence in its integrated business environment and digital ecosystem, Jebel Ali Free Zone (Jafza) and Dubai Courts, have launched the Virtual Court to handle labour litigations involving companies operating from the free zone and its employees. The parties involved in labour litigations can approach the Virtual Court that is equipped with a live broadcast system linked to Dubai Courts and the highest levels of electronic security. Judges can conduct hearings and adjudicate and access all the details using the electronic link with Jafza’s digital labour contracts system and other related information to issue their verdicts.

     

  • Container operation rises 13% in Iran’s ports in 5 months yr/yr

    Farhad Montaser Kouhsari, the PMO’s deputy Head for Ports and Economic Affairs, said 906,218 twenty-foot equivalent units (TEUs) of container goods have been unloaded and loaded in the country’s ports.

     

  • Gulf Craft leads the conversation on “The Future of Superyachts”

    Gulf Craft has solidified its position as the leading manufacturer of composite superyachts during the 2021 edition of the Monaco Yacht Show. Putting the spotlight on its flagship superyacht, the Majesty 175 - the world’s largest composite production superyacht fully manufactured at its UAE shipyard – Gulf Craft hosted a special panel discussion at the Monaco Yacht Club where Gulf Craft Chairman, Mohammed Hussein Alshaali highlighted the benefits of composite yachts, including ease of maintenance and ability to navigate shallow waters.

     

  • WinGD takes a holistic approach to marine decarbonization with ecosystem solutions

    Engine developer WinGD has developed an ecosystem of solutions around the main engine that is expected to enhance energy efficiency and enable a seamless transition to new fuels, which are the two keys to reducing greenhouse gas (GHG) emissions in line with International Maritime Organization’s ambitions.

     

  • LR, HHI and KSOE sign MoU to develop digital twin technology for an LNG carrier.

    Lloyd’s Register (LR), Korea Shipbuilding & Offshore Engineering (KSOE) and Hyundai Heavy Industries (HHI) have signed a Memorandum of Understanding (MoU) at Gastech 2021, Dubai to develop digital twin technology to support the digitalisation of the maritime industry and the growing demand for large scale LNG carriers.

     

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  • Thailand Plans for National Shipping Line to Support Economic Growth

    The government of Thailand confirmed that it plans to move forward with efforts to re-establish a national shipping company to help grow the struggling country’s economy. The effort is also seen as a novel response to the current global shortage of cargo ship capacity, which Thai officials cited as contributing to higher costs and hindering trade.

     

  • Evergreen Orders $1B in Feeder Ships as Orderbook Nears All-Time High

    The rush to build new containerships is continuing with orders poised to set a record for the total orderbook before the end of 2021. With its new ultra-large containership, the Ever Ace, still on its maiden voyage, Evergreen Marine confirmed that it placed an order valued at nearly $1.1 billion for feeder ships as the Taiwanese carrier continues the rapid buildout of its fleet.  

     

  • Greece to Invest $1.2 Billion in Port and Ferry Service Upgrades

    The Government of Greece with the support of the European Union is launching a $1.2 billion program designed to upgrade and enhance maritime operations in Greece. The projects will focus both on enhancement and repairs to the country’s ports as well as efforts to improve ferry service both inter-island and from the mainland.

     

Shipping

  • China Completes Structural Assembly for its First...

    Construction of China’s first domestically built large cruise ship marked a key milestone in mid-September as structural work was completed. Assembly for the 135,500 gross ton cruise ship began in November 2020 with construction scheduled to be completed in 2023.

     

  • Two Cruise Ships Join New Orleans Hurricane...

    Two cruise ships have joined in the efforts to aid New Orleans and Louisiana in the recovery from the damage left behind from Hurricane Ida. The cruise industry has a long history of working with both public and private enterprises in these situations and currently two ships have been chartered to act as housing for the relief efforts.

     

  • Shipbuilding Boom Reaches Great Lakes: 10 “Super-...

    The rapid growth in shipbuilding orders in 2021 has now reached the Great Lakes with one of the largest newbuilding orders for the waterways. Canada’s dry bulk shipping group Fednav placed an order for 10 new ocean-going lakers. It represents a nearly 10 percent increase over the company’s current fleet of 120 vessels with the order being a key element of fleet modernization and designed to support Fednav's sustainability goals. 

     

  • Seaspan increases its record orderbook as Zim...

    The unabated strong demand in the container shipping markets and positive long-term is continuing to drive the orderbook towards an all-time high while also attracting new investors into the segment. Among the areas seeing the strongest growth is the charter market, which permits the shipping lines to expand without upfront capital outlays and provides a strong, steady income for investors building the new ships.

     

  • Uzbekistan joins World Logistics Passport

    In a boost to its global trade networks and partnerships, Uzbekistan has today joined the World Logistics Passport (WLP) as a Gateway. The signing event took place in Tashkent and was attended by H.E. Abdulla Bin Touq Al Marri, UAE Minister of Economy; H.E. Sardor Umurzakov, Deputy Prime Minister and Minister of Investment and Foreign Trade, Republic of Uzbekistan and Mahmood Ahmed Al Bastaki, Chief Operating Officer, DT World and General Manager of the WLP.

     

Legal & Regulations

  • Diana Wihelmsen Fined $2 Million for Concealing Oil Dumping

    A U.S. judge yesterday ordered Cyprus-based Diana Wilhelmsen Management to pay a $2 million fine and serve four years probation after pleading guilty to charges of concealing unlawful discharges of oily water into the Atlantic Ocean. The company will also be supervised under an environmental compliance plan.

     

  • WFW Advises Lenders On Secured Term Loan Financings For Navios Acquisition

    Watson Farley & Williams (“WFW”) has advised certain lenders in connection with newly arranged secured term loan financings used to assist Navios Maritime Acquisition Corporation (“Navios Acquisition”) finance part of the redemption price of its outstanding 8.125% First Priority Ship Mortgage Notes.

     

  • New reporting requirements for foreign flag vessels entering China

    Further to our recent update on China’s Maritime Traffic Safety Law (MTSL), the Maritime Safety Administration (MSA) has issued a new circular requiring foreign flag vessels to make mandatory reporting prior entering the territorial waters of China.

     

Environment

  • Cruise Leaders Highlight Sustainability Efforts

    As the United Nations marks “Climate Week,” meant to focus attention on the global challenges, companies from across the cruise industry are highlighting their efforts to contribute to the shipping industry’s goal to reduce its emissions and enhance sustainability. Royal Caribbean Group published its annual sustainability report, providing a comprehensive update on the company's efforts, while the cruise division of MSC Group reaffirmed its commitment to sustainability by pledging to achieve net-zero greenhouse gas emissions in its cruise marine operation by 2050.

     

  • SEA-LNG: Orders for Dual-Fuel LNG Vessels Accelerating in 2021

    SEA-LNG, the Industry coalition established to promote the advancement of LNG, issued an analysis of the new ship construction orders as an opportunity to focus on the growth in LNG-fueled vessels. The group is highlighting 2021 as a banner year for new LNG dual-fuel vessel orders saying that the deep-sea sectors of the maritime industry are increasingly ordering dual-fuel newbuilds as a near-term solution and to protect their investments.

     

  • Ammonia bunkering technology company Azane Fuel Solutions and project partners receives public funding for World’s first green ammonia bunkering terminal

    Azane Fuel Solutions’ first project “Ammonia Fuel Bunkering Network”, which will build a green ammonia bunkering terminal, have received confirmation that it will be granted NOK 89 million (EUR 8,600,000) through the Norwegian Green Platform Initiative. This was announced by Minister of Climate and Environment in Norway, Mr. Sveinung Rotevatn in Florø, Norway.

     

Education

  • In-person academic year starts at the Arab...

    The first semester of the academic year 2021/2022 has started at the Arab Academy for Science, Technology and Maritime Transport Sharjah Branch (AASTS) in Khorfakkan. This supports the Academy’s strategy to empower the Arab maritime sector with academically-and-professionally qualified personnel.

     

  • The Arab Academy for Science, Technology and...

    In line with its ongoing efforts to empower young Emiratis to work in the maritime sector, the Arab Academy for Science, Technology and Maritime Transport Sharjah Branch (AASTS) has signed a cooperation agreement with Zakher Marine International to train the Academy’s students on board its fleet. Zakher Marine is a leading marine services company based in Abu Dhabi and specialises in providing offshore support services. It has one of the biggest and most diverse fleets of marine support vessels in the UAE.

     

  • The Arab Academy for Science, Technology and...

    In line with its ongoing efforts to empower young Emiratis in the maritime sector, the Arab Academy for Science, Technology and Maritime Transport Branch in Sharjah (AASTS) has adopted the world's best simulation systems from Kongsberg, a prestigious international company that specialises in building and developing simulators. The state-of-the-art equipment will be used to train the Academy’s students to operate different marine vessels and ships, also giving them the experience of sailing in different weather conditions similar to ones encountered in real life.

     

  • Port of Newcastle: Indigenous STEM Scholarship...

    A young Aboriginal leader with an unshakable desire to help others in his community is a step closer to achieving his dreams thanks to Port of Newcastle’s inaugural Indigenous STEM Scholarship, awarded in partnership with the University of Newcastle.

     

  • Ports & shipping ministry to set up maritime...

    Union Minister of Ports, Shipping & Waterways and Ayush, Sarbananda Sonowal on Friday said his ministry would set up a maritime institute in Assam, a step towards making the northeast an engine of growth for the country.

     

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