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Cosco’s Offer for Piraeus Port Due
Cosco Pacific is expected to submit an improved bid for the controlling stake in Piraeus Port Authority (OLP) on Wednesday that is set to be discussed at the board…
NileDutch Launches US East Coast to West Africa Service
NileDutch, the container carrier specializing in West Africa, is setto introduce a new service to link the East Coast of the U.S. with West Africa and Europe. The rotation will start in New York and the service will run every nine days. The first vessel, the MV Cafer Dede will sail on February 16, 2016. According to the shipper, the new development aims to meet the growing demand from exporters in the East Coast of the U.S. for better access to their markets in West Africa.
Innovation Paving the Way for Marine Industry in 2016
From the price of oil to environmental regulation, 2015 was a year of turmoil and uncertainty for the marine sector. Despite this, there were some common global trends that will define 2016. In December 2015, world leaders met at the COP21 conference to discuss climate change. The event’s outcome marks a decisive move towards a low carbon future focused on achieving the agreed-upon world target of 1.5 degree climate change ceiling.
Greece to Evaluate Cosco Port Bid
China's Cosco sole bidder for the country's biggest port. Greece will evaluate on Wednesday an improved bid that China's Cosco is due to submit for a majority stake in Piraeus Port…
U.S. LNG Seen Destined for Europe
According to Wood Mackenzie Ltd, Europe is set to be the key destination for liquefied natural gas supplies from the U.S. after prices fell in Asia, the world’s…
U.S. Light Crude Imports Surge Again
U.S. imports of light crude from across the Atlantic are set to jump this month to their highest in more than two years, according to market sources and trade data…
Restructuring at Royal HaskoningDHV
International engineering and project management consultancy Royal HaskoningDHV has announced a simplified organisation and management structure. As of 1 January…
US Light Oil Imports Resurge to Highest in Years
U.S. imports of light crude from across the Atlantic are set to jump this month to their highest in more than two years, according to market sources and trade data…
McMurdo Selected for Africa’s MEOSAR SAR System
McMurdo, the most trusted name in emergency readiness and response and a division of Orolia (NYSE Alternext Paris – FR0010501015 – ALORO), has been selected by a…
CMA CGM Reshuffles its CIMEX 2E Service Linking Asia to Chennai
CMA CGM has announced the reshuffling of its CIMEX 2E service linking Asia to Chennai (India East Coast) as from January 2016. Frequency: weekly. Fleet: 5 vessels of 5,000 TEU.
Chinese to Acquire Greek Port as Gateway to Europe
China's state-owned shipper China Ocean Shipping (Group), also known as Cosco Group and owned by China COSCO Holdings, is on track to acquire Greece's largest container port…
EC Funding Gives Green Light to IMO Energy-Efficiency Project
Network of regional maritime technology cooperation centres to be established through €10 million funding contribution. An ambitious IMO project to establish a global…
Cosco is Sole Bidder for Majority Stake in Piraeus Port
Greece only received a bid from China's Cosco Group for a majority stake in Piraeus Port Authority, the operator of the country's biggest port, the privatisation agency said on Tuesday.
Keppel T&T Appoints CEO for Data Centres
Keppel Telecommunications & Transportation Ltd (Keppel T&T) is pleased to announce the appointment of Mr Wong Wai Meng as its Chief Executive Officer, Keppel Data…
BCT Upgrades Intermodal Facility
Baltic Container Terminal (BCT) in Gdynia, Poland recently completed its railway terminal modernization project last December. Part of BCT’s largest investment program…
U.S. Questions Chinese Submarines on Anti-Piracy Missions
U.S. Pacific Fleet Commander, Admiral Scott Swift questioned the motive behind China deploying submarines for anti-piracy operations in the Indian Ocean, reports PTI.
Tanker Rates to Remain Under Pressure
The reduction in the new 2016 Worldscale flat rates of Very Large Crude Carriers (VLCC) has led to spot rates increasing as owners look for equivalent 2015 returns…
Several Migrants Die in Sea off Somalia
Dozens of Ethiopian and Somali migrants died in the waters off the breakaway Somalia region of Somaliland when their vessel failed mechanically in the course of the voyage and drifted in the sea…
Sound Energy Reports Progress On Moroccan, Italian Licences
Sound Energy, the European/Mediterranean focused upstream gas company, is pleased to provide the following update on its Moroccan and Italian gas portfolio. Further…
MSF Ends Mediterranean Rescues, Appeals to EU
The medical charity Medecins Sans Frontieres (MSF) has ended its sea rescue operation aimed at reducing the number of migrants and asylum seekers killed while trying…
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
