Svitzer, a leading global towage provider and part of Maersk, has today announced that it has signed a 10-year Time Charter Party with FGEN LNG Corporation (FGEN LNG), a wholly-owned subsidiary of First Gen Corporation (First Gen) for the provision of towage and other vessel support services required by FGEN LNG’s Interim Offshore LNG Terminal which will feature a Floating Storage and Regasification Unit (FSRU) that will be located at the First Gen Clean Energy Complex in Batangas City in the Philippines.
The massive container ship that ran aground in the Suez Canal, halting traffic in one of the world's busiest waterways, is still stuck. The ship, called the Ever Given, became horizontally wedged in the waterway following heavy winds. Nearly 19,000 ships passed through the canal during 2020, for an average of 51.5 per day, according to the Suez Canal Authority.
