Longer route via the Cape helps manage capacity.
The suspects are expected to stand trial for their attack on a commercial tanker in the Gulf of Aden last week.
The new-build will replace the pollution control vessel, which has reached its operational lifespan.
"Naturally, this surge in claims has a ripple effect on premiums." – Mike Brews of Horizon Underwriting Managers.
A new study by the Global Maritime Forum highlights the economic stimulus of transitioning to e-fuels.
The suspects engaged in a gun battle with a commercial tanker off the coast of Somalia.
The companies will rely on waste and residue-based biofuel rather than conventional marine fuel oil.
At the peak of the pandemic, 13.8% of global capacity was rendered unavailable.
The government was victorious against a British millionaire whose company recovered the silver bars from a sunk passenger ship.
Following cargo operations in the UAE, the vessel will proceed to ports in Asia.
Demand for vessels is robust in India, largely driven by high levels of steel exports to Europe.
It was the second time that the Gina has come under fire from the Yemeni militia.
Crew members knowingly bypassed pollution-prevention equipment by discharging engine room oil waste via its sewage system into the sea.