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Asia Dry Bulk-Capesize Rates to Stay Flat
Freight rates for capesize bulk carriers on key Asian routes are likely to remain flat as vessel supply outpaces cargo demand, while higher bunker prices could support freight rates…
CMA CGM Hikes Asia-Europe Rate
CMA CGM will increase rates US$900 per TEU from all Asian ports to the Mediterranean including the Black Sea and North Africa - and EUR800 (US$892.93) per TEU to Syria from March 1.
Port Security goes High Tech in South Africa
Transnet National Ports Authority (TNPA) introduced a new port security system valued at more than $53 million to safeguard customer cargo, port users, as well as Transnet’s own port assets, staff and contractors. Phumuzi Sigasa, head of TNPA’s Port Security Portfolio added: “In conformance with regulations and our own Integrated Security Management Systems - Security Strategy Plan, we are rolling…
N-KOM delivers First Newbuild Liftboat
Nakilat-Keppel Offshore & Marine (N-KOM) reports that it has delivered its first liftboat unit, Al Safliya, to Qatari rig operator Gulf Drilling International (GDI). Al Safliya is the first liftboat to be wholly constructed in Qatar at the Erhama Bin Jaber Al Jalahma shipyard The self-propelled and elevating unit has been customized for operations in the Middle East and North Africa (MENA) region in water depths of up to 65m.
Tikka to Lead ABS Global Marine Activities
ABS reports that it has centralized its global Marine strategic planning, client development, and product and service offerings to deliver enhanced classification…
Berlin film "Fire at Sea" shows Horror of Refugee Crossings
BERLIN, Feb 13 (Reuters) - Images shot in the hold of a boat where dozens of people died of asphyxiation after five hours in the Mediterranean brought home the horror…
NATO Sea Mission Launched against Migrant Traffickers
NATO ships are on their way to the Aegean Sea to help Turkey and Greece crack down on criminal networks smuggling refugees into Europe, the alliance's top commander said on Thursday.
IBIA Celebrates 23th Annual Dinner
The International Bunker Industry Association (IBIA) has appointed three new members to its Management Board and one new member to the IBIA in Africa Board. The appointments were announced at the Association’s 23th annual dinner, which was held on February 8 at the Grosvenor House Hotel, Park Lane, London. Heralding the beginning of International Petroleum week, the prestigious event attracted a record number of attendees…
NATO Launches Sea Mission Against People-Smugglers
NATO, EU mission to help target traffickers in Aegean Sea. NATO ships are on their way to the Aegean Sea to help Turkey and Greece crack down on criminal networks smuggling refugees into Europe…
Greeks at Frontline of Migrant Crisis Angry at EU Critics
ABOARD THE AGIOS EFSTRATIOS, Aegean Sea, Feb 11: Greek Captain Argyris Frangoulis lifts his binoculars and with eyes fixed on the Aegean Sea horizon, steers his…
APM Terminals Broaden Portfolio, Business Model
APM Terminals’ increased invested capital to USD $6.2 billion in 2015 as ongoing strategic plans to drive portfolio growth, improve productivity and safety performance…
Maersk Falls into the Red
Maersk Line posted a steep decline in profit last year to $1.3bn, well down from the 2014 result of $2.3bn and below its most recent forecast as freight rate declines…
FSRU Golar Tundra Sold to Golar LNG Partners
Golar LNG Limited has entered into a purchase agreement to sell the Golar Tundra, a floating storage and regasification unit (FSRU), to Golar LNG Partners LP for a sale price of $330 million.
OTC Names 2016 Award Winners
The 2016 Offshore Technology Conference (OTC) will honor this year’s Distinguished Achievement Award recipients on Tuesday, 3 May, in Houston. As part of the OTC…
N.Korea Shipper Skirts UN Sanctions, Gets Port Access
A U.N.-blacklisted North Korean shipping company continues to evade sanctions through its use of foreign-flagged ships, name changes and other means of obfuscation…
ABS' Tikka Elected Foreign Member of NAE
ABS, a provider of classification services to the global marine and offshore industries, announced the election of ABS Europe and Africa Division President Dr. Kirsi Tikka as a Foreign Member of the United States National Academy of Engineering (NAE). The invitation to become a Foreign Member of the NAE is a result of Tikka’s contributions leading to internationally recognized standards for ship structural design, construction and maritime safety.
Migrants Reaching Europe by Sea Soars 10-fold
Ten times as many migrants and refugees arrived in Europe by sea in the first six weeks of the year as in the same period of 2015, and the number of deaths also soared…
Interactive Map Highlights Shipping's Global Security Threats
Ship owners and managers can now view what security threats a country poses to shipping lines with the click of a button thanks to a new live interactive map. The…
Wood Group Extends North Sea Chevron Contract
Wood Group has secured an extension to continue to support Chevron Upstream Europe across four offshore assets in the North Sea. Wood Group PSN (WGPSN) will deliver…
QP, Chevron Ink Offshore Moroccan Deal
Qatar Petroleum has reached an agreement with Chevron Morocco Exploration Ltd., a subsidiary of Chevron Corporation, to acquire a 30% participating interest from…
Maritime Piracy
Houthi Rockets Wreak Havoc on Middle East Container Shipping
Narco-Submarines: The Hidden Depths of Drug Trafficking
Drug Smuggling on Ships and Submarines: An Escalating Threat
Maersk revises profit forecast upwards due to robust demand and disruptions in the Red Sea.
Global Shipping Carriers Are Feeling the Impact of the War in Ukraine and the Middle East
Maritime Piracy in the Horn of Africa:
Houthis Declare All-Out War on Israeli Shipping, Vowing to Strike Beyond Red Sea
Injustice at Sea: Greek Court Drops Charges in Deadly Migrant Shipwreck
