Photo: Suez Canal Authority

Egypt Bans Qatari Ships Docking in Suez Canal

By Aiswarya Lakshmi!!!

The Suez Canal Authority is committed to a ban on allowing Qatari ships to dock in ports within the Suez Canal's economic zone, Ahram reported as chairman Mohab Mamish saying.

In press statements on Friday, Mamish said that Egyptian ban on the ships is being imposed on all ports within the zone based on Egyptian sovereignty over its territorial waters.
The decision, however, does not include a ban on passing through the canal, as under the Constantinople 1869 agreement it is illegal to ban ships coming from any country from passing through.
Egypt cannot bar Qatari ships from crossing the vital waterway, although the North African country, along with Saudi Arabia and its allies, has severed ties with Qatar, he said.
The authority is abiding by the Egyptian government's decision to cut relations with Qatar, but international treaties prevent Cairo from blocking the waterway to Qatari vessels.
Mamish pointed out that the revenues of the canal would not be affected by the ban due to the already low number of Qatari ships that dock in the ports.
Photo: Studio Fasching, Chittagong, Bangladesh, 2017 -  NGO Shipbreaking Platform

Norway SWF Dumps 3 Shipping Firms

The Norwegian Central Bank  has decided to exclude ship owners Evergreen Marine Corporation, Precious Shipping, Korea Line Corporation and Thorensen Thai Agencies from the

Group photo of MOL Maritime (Europe) B.V. and MOL management provided  by MOL

MOL Acquires Seafarers Manning Company

Japan's Mitsui O.S.K. Lines (MOL) has announced that MOL acquired 100% of the issued shares of Azalea Maritime B.V. on December 21st, 2017.   Azalea Maritime changed its name to

Photo: J. Lauritzen A/S

Lauritzen Reflags Two Gas Carriers to Denmark

Lauritzen Kosan has reflagged two of its ships to Denmark for the first time since 2003. The registers of the two vessels, the Helena Kosan and the Linda Kosan