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BP, Eni Make Gas Discovery off Egyptian Coast
Energy majors BP and Eni on Thursday announced a significant natural gas discovery off the Egyptian coast. The discovery is in the Baltim southwest exploration prospect in the East Nile Delta.
Hapag-Lloyd Extends Intra Mediterranean Service
Hapag-Lloyd informs about the new rotation effective July 5, 2016. We would like to inform you that as from July 5, 2016 Hapag-Lloyd will enhance its intra Mediterranean…
Refiners Cold, Oil Unsold amid Nigerian Chaos
Refineries from India to the United States are backing away from buying Nigerian oil amid heightened uncertainty about deliveries as the country squares up to militants in the restive Delta region.
EMC Unveils New Suite of Global Marine VSAT Services
EMC today announced a new global Ku-band VSAT package of connectivity and content for ships at sea, optimized for the next-generation high-throughput satellite (HTS)…
Amec Foster Wheeler Bags LNG Terminal Work in India
Amec Foster Wheeler has been awarded a contract by Indian Oil LNG Private Ltd. Co. (IOLPL) for the Liquefied Natural Gas (LNG) Terminal in Ennore, Tamil Nadu, on the east coast of India.
This Day In Naval History: June 6
1850 - The brig USS Perry, commanded by Lt. Andrew H. Foote, captures American slaver Martha off Ambriz (near the city of Luanda), Angola, Africa. 1918 - After Allied troops take Hill 142 at Chateau-Thierry, France, during World War I, 12 enemy soldiers crawl in a position to counter attack with five light machine guns. Realizing his company might withdraw if fired upon, Marine Gunnery Sgt. Maj. Ernest A.
UN Mulls Allowing EU to Search Boats for Illicit Arms off Libya
Britain on Monday proposed expanding a United Nations Security Council mandate for a European naval operation to allow it to crack down on arms smuggling in the high seas off war-torn Libya…
Greek Ferry Owners Look West to Gibdock
Greek ferry owners are stressing the importance of high quality, reliable ship repair partners in the Western Med in the first half of 2016, according to ship repair yard Gibdock who says it has received two first time ship visits emphasizing the Gibraltar yard’s ability to meet contrasting ship renewal needs. The Hellas Seaways ro-pax vessel Nissos Chios and the Portucalence Shipping Company ferry Express Santorini were both in the Gibdock yard for the first time recently…
APM Terminals Graduates MAGNUM Class
APM Terminals has graduated another 19 competitively selected managers from across the APM Terminals Global Terminal Network from the MAGNUM accelerated leadership…
Asia Tankers-VLCC Rates Strengthen on June Charters
30-40 Mid-East VLCC cargoes still to be contracted for June; Posidonia shipping event next week in Greece may dampen activity. Freight rates for very large crude…
DP World to Develop, Operate $442 mi hub in Somalia
DP World Group Chairman and CEO, Mr Sultan Ahmed Bin Sulayem has met the President of Somaliland, Mr Ahmed Mohamed Mahamoud, during a visit to the country following…
China May Approve More Crude Imports for Teapots
More independent refineries seek crude import quotas. Total quota may hit 2 mln bpd by end-2016. China could approve more crude import quotas for independent refiners…
Port Business: Is Bigger Better?
Every port is different. But the harbor masters meeting in Vancouver this week are finding they all have much in common. “We all are dealing with issues of efficiency, the environment, and security and how to develop our ports to best accommodate our customers today and in the future,” says Capt. Kevin Richardson, president of the International Harbour Masters’ Association (IHMA) and a retired chief harbor master at the Port of Dover in the U.K.
OEG Acquires AOR Containers
Offshore Cargo Carrying and A60 module company OEG Offshore (OEG) is moving into Norway, Congo and Myanmar for the first time, with its acquisition of AOR Containers, a major player in Europe, Africa and Asia. The move makes OEG Offshore the second-largest provider of offshore cargo carrying units (CCUs) in the world, with the addition of AOR’s international fleet of 6,000 units taking OEG Offshore’s total fleet to 25,000 units.
Mothballed Vessels SE Asia Reflect Oil Slump Pain
Around 1,300 offshore support vessels lying idle worldwide. Not everyone in shipping is bemoaning the industry's worst crisis in living memory: a cluster of companies…
Seized Hanjin Shipping Vessel Resumes Operation in South Africa
Hanjin Paradip resume its sailing from South Africa as talks continue with owner over unpaid charter fees. The ship had been detained in Richards Bay, South Africa…
DP World to Manage Somaliland Port for 30 Years
DP World has reached an agreement to manage the Berbera port in Somaliland, which would allow it to become a major hub for goods to transit to and from the Horn of Africa…
Phoenix Express 2016 Concludes
Maritime forces from North Africa, Europe, and the United States concluded exercise Phoenix Express 2016 with closing ceremonies in Souda Bay, Greece May 27. Phoenix Express…
Wärtsilä Donates Engine to Texas A&M University
Wärtsilä has donated an 8-cylinder Wärtsilä 20 engine and generating set, to the Marine Engineering Technology Department at Texas A&M University at Galveston. The…
Hanjin Vessel Seized in South Africa
Hanjin Shipping-operated bulker Hanjin Paradip has been arrested by a South Africa for alleged unpaid charter fees. The 82,158 dwt bulker, which has been used to transport grain and minerals…