DNV issued a statement on the progress of Alexandroupolis Floating Storage Regasification Unit (FSRU). According to DNV, the work to develop Greece’s first  FSRU commenced recently at the Keppel shipyard in Singapore with the conversion of GasLog’s Gaslog Chelsea, recently renamed as Alexandroupoli. 

Bahri, the national shipping company of the Kingdom of Saudi Arabia, has signed a non-binding renewable six-month agreement with the Suez Canal Authority with the view to create a joint Egyptian shareholding company to offer maritime transportation services in the Egyptian market.

The Maritime Research Institute of the Netherlands (MARIN), has released a new, informative video on TopTier, the joint industry project on container loss. This project is an effort of forty participants in the maritime industry in order to drastically reduce an important issue in container transport. 

Norwegian Cruise Line has consistently opted for greener options for their fuel for the past years. The cruise line has released a new statement in which they claim their last two Prima Class ships are to be modified for methanol as well as traditional fuel use.

Seychelles and India signed a memorandum of understanding (MoU) on Tuesday 28th of February, to improve maritime security in the Indian ocean by sharing information and educating people.

On  the 27th of February, Nippon Yusen Kaisha (NYK)'s Jasmin Leader, pure car and truck carrier (PCTC) vessel, was the first LNG-powered PCTC to arrive in Hiroshima port. The vessel will transport finished vehicles produced by Mazda Motor Corporation, and seeks to fulfill customers’ demands for a lower environmental burden in the logistics field.

James Kateeba, former tour guide in Luzira, Uganda, has created a beautiful, eco-friendly passenger vessel using plastic waste bottles. His creation was a combined effort to clean the waste in Lake Victoria and show the world an eco-friendly alternative for creating floating vessels by recycling waste. Also, the boat could be an example of a sustainable business like a floating restaurant and bar that could be unmoored to drift for pleasure.

Maritime Strategies International (MSI) has released a report stating that Asia, and in particular China, is expected to dominate oil demand growth in 2023, but overall cargo volumes look set to be relatively restricted despite distance-driven gains. The upside in crude and and products markets during February may seem promising, but owners must be aware of the unstable nature of supply and demand.

On February 28th, vessel MV LEONIDAS (IMO: 9696474), managed by Laskaridis Shipping Co. Ltd, while proceeding to Port Veracruz, Mexico, received a mayday call from the fishing boat “Benjamin” by VHF.

British Ports Association (BPA) shared an enlightening map on twitter, showcasing Port Regulatory Health Ratings. The map is a result of a major assessment on ports' regulatory framework.