The Suez Canal Authority (SCA) has reportedly made a deal that is worth $500 million with the world-famous Danish shipping firm Maersk to construct a berth at East Port Said, news sites report.

Piracy and sea robberies (PSR) are expected to increase in Southeast Asia in the second half of 2022 owing to economic impacts resulting from Russia’s invasion of Ukraine, per a recent report by a think tank that is Singapore government affiliated.

The first Sierra Leone-flagged ship to depart Ukraine following a contract to restart the grain exports from the country two weeks back was nearing Syria’s port Tartous on Sunday, two trusted shipping sources mentioned after Razoni, the vessel, was sailing with the transponder switched off.

The Maritime and Port Authority of Singapore (MPA) welcomes the formation of a strong partnership among industry partners to develop, trial and test-bed new designs and innovative technologies needed to accelerate the transition to a clean economy.

Steerprop has been awarded a major order to supply the complete propulsion package for a state-of-the-art Wind Installation Vessel. The order builds upon Steerprop’s extensive support and successful track record in delivering fit-for-purpose solutions to the offshore renewables sector.

The contract represents the single largest HydroPen™ order for VIKING Life-Saving Equipment – and will see systems delivered for the entire fleet of A.P. Moller – Maersk-owned vessels.

GoodFuels has announced that it has successfully supplied sustainable marine biofuel to NYK’s bulk carrier MV Frontier Explorer, in the first such delivery to a major maritime client since the company opened its Singapore office.

The joint venture, with Furetank as a leader in the Northern European intermediate ice-class product tanker segment, will advance Algoma’s presence in international short sea shipping markets and strengthen the company’s investment in long-term sustainable shipping solutions.

Maersk has entered into a partnership with Castlery, a Singaporean furniture retailer, for a multi-year global integrated logistics and fulfilment agreement. Maersk’s landside facilities and expertise will create additional values for Castlery to optimise time and cost savings at various points across the logistics and fulfilment chain.

Keppel Offshore & Marine wholly owned subsidiary, Keppel Shipyard, has won an international tender from Brazil’s National Oil Company, Petroleo Brasileiro S.A, for the engineering, procurement and construction of P-80.