Nakilat Ready to Order 25 Korean-Built LNG Vessels
Nakilat has launched the first financing package with the Export-Import Bank of Korea (KEXIM) for 25 conventional Korean-built LNG vessels that will be fully owned and operated by Nakilat.The partnership represents a pivotal step in Nakilat’s long-term strategy to expand its LNG carrier fleet and to support QatarEnergy’s LNG expansion project. The agreement underscores the strong economic ties between Qatar and the Korea…
U.S. Coast Guard Warns on Declaration of Inspection
The U.S. Coast Guard has issued a Safety Alert following a recent oil spill on the Delaware River.The Alert says the incident starkly underscored the critical need for effective communication when completing the required Declaration of Inspection (DOI) prior to an oil transfer in accordance with Title 33, Code of Federal Regulations (CFR), §156.120 (33 CFR 156.120).Prior to the incident, the facility…
Ukrainian Drones Target Putin’s Navy Day
Ukrainian drones targeted St. Petersburg on Sunday, Russian authorities said, forcing the airport to close for five hours as Vladimir Putin marked Russia's Navy Day in the city, despite the earlier cancellation of its naval parade due to security concerns.St. Petersburg usually holds a large-scale, televised navy parade on Navy Day, which features a flotilla of warships and military vessels sailing down the Neva River and is attended by Putin.Last year…
Thirteen Dead, Dozens Missing in Nigeria Boat Accident
Thirteen people were confirmed dead with dozens more missing after a boat ferrying around 100 passengers capsized on Saturday in Niger state in north-central Nigeria as they headed to market, authorities said on Sunday.Twenty-six people, mostly women and children, were rescued from the wooden boat, said Yusuf Lemu, an official of the Niger State Emergency Management Agency.Local official Isiyaku Akilu said the boat driver…
CK Hutchison Deal Deadline Likely to be Extended
CK Hutchison's plan to sell most of its $22.8 billion ports business is unlikely to be finalised anytime soon, with political brinkmanship set to continue, and sources saying that a Sunday deadline for exclusive talks was likely to be extended.The Hong Kong conglomerate's plan to sell the business, which would include two ports along the strategically important Panama Canal, to a consortium led by BlackRock and Italian billionaire Gianluigi Aponte's family-run shipping company MSC…
Houthis Threaten Ships Linked to Firms Dealing with Israeli Ports
Yemen's Houthis said on Sunday they would target any ships belonging to companies that do business with Israeli ports, regardless of their nationalities, as part of what they called the fourth phase of their military operations against Israel.In a televised statement, the Houthis' military spokesperson warned that ships would be attacked if companies ignored their warnings, regardless of their destination."The Yemeni Armed Forces call on all countries…
