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U.S. Joins Lawsuit Alleging ISS Overbilling
The government has announced that it has joined a lawsuit alleging that Inchcape Shipping Services Holdings Limited and certain of its subsidiaries (collectivelyā¦
Drewry: Container Service Reliability Falls
Containership reliability took a small step backwards in October as the average on-time performance across all trades reached 77.9%, according to Carrier Performance Insightā¦
Heavy Rain Hampers Kenya Port Trade
A washed-out road in Kenya has blocked the flow of goods from Kenya's Indian Ocean port of Mombasa for a second straight day, officials said on Wednesday, chokingā¦
BMT Fluid Mechanics to Validate FLNG Design
The emergence of the floating liquefied natural gas (FLNG) concept has seen an unprecedented focus on development activity and has reinforced the commercial interest in these facilities. However, as the industry strives to make the concept a reality, in addition to the already formidable risks present in conventional projects, a plethora of distinctive risks associated with FLNG have now been added to the mix, with little industry experience to learn from.
Heavy Rains Cause Delays on East Africa Trade Route
Heavy rains near the Indian Ocean port of Mombasa have swept away a road and slowed transport to a trickle on the main trade route into east Africa, officials said on Wednesday.
Around 20 African Migrants Lost at Sea After Boat Sinks
Around 20 African migrants are missing at sea after their boat sunk in the Atlantic Ocean around 20 miles off the coast of Western Sahara, Spanish sea rescue services said on Wednesday.
Kenya Building Cruise Terminal at Mombasa
East Africa's biggest port of Mombasa will spend 100 million shillings ($980,392.16) to build a new cruise ship terminal aimed at boosting tourism, port management said on Wednesday.
DP World's Plan to Tackle Africa's Infrastructure Gap
A five point plan to help tackle Africaās infrastructure gap is among the findings of a new DP World report to be unveiled at the Africa Global Business Forum this week.
Integrated Training, Travel Solution to Meet New STCW, OPITO Regulations
GAC Training and Service Solutions (GTSS), the specialist provider of world-class training for maritime personnel, has announced an agreement with ATPI Griffinstoneā¦
South African Boatbuilding: Tugboat Honors Mandela Birthplace
Transnet National Ports Authority announced a milestone in its $98 million tug building contract when the first of its nine new tugboats was launched at the Durban premises of contractor, Southern African Shipyards. āThis is the largest single contract TNPA has ever awarded to a South African company for the building of harbor craft,ā said TNPA chief executive, Richard Vallihu. The tug was named āMVEZOā in reference to the small village in the Eastern Cape of South Africa where former Presidentā¦
NYK and Astomos Conclude Time-charter Contract for 12th VLGC
Nippon Yusen Kaisha (NYK) concluded a time-charter contract for a new VLGC (very large gas carrier) with Astomos Energy Corporation, the world's pre-eminent liquefied petroleum gas (LPG) company.
Djibouti Maritime Contingency Planning Exercise
A national table top exercise on maritime contingency planning was conducted in Djibouti (9-10 November), as part of a series of events leading up to the officialā¦
ECSA Leads Holistic Approach to Maritime Security
European shipowners have widened the scope of the former European Community Shipownersā Associations (ECSA) Piracy Working Group, now renamed ECSA Maritime Security Working Group in a move aiming to keep the European shipping industry abreast of maritime developments. According to ECSA, topics under the remit of the new working group range from piracy and armed robbery at sea to cyber security, as well as the humanitarian crisis in the Mediterraneanā¦
SSN 798 Submarine Named USS Massachusetts
Secretary of the Navy Ray Mabus announced that SSN 798, a Virginia-class attack submarine, will bear the name USS Massachusetts during a taped video message at Gillette Stadium.
Rolls-Royce, Astican Open Las Palmas Workshop
Rolls-Royce yesterday opened a new, custom built, 2,100-square-meter service facility at the Astican Shipyard in Las Palmas, on Gran Canaria in the Canary Islands. The center is a partnership between Rolls-Royce and the shipyard. Las Palmasā position in the Atlantic allows Rolls-Royce and Astican to enhance their support to rig and drillship owners undertaking ongoing exploration, production and development operations in Europeā¦
MOL Containership Rescues Castaways
Mitsui O.S.K. Lines, Ltd. today announced that on October 29, 2015, the MOL-operated containership MOL PROFICIENCY safely rescued all two survivors 400 km offshore of Canary Islands.
Swiss Shipping Line and ACC Annouce Blue Alliance Shipping
Blue Alliance Shipping pools resources and many years of experience of the founding companies which combine their activities in the US-East Coast. The combined activitiesā¦
Asia Dry Bulk-Capesize Rates to Slide with Voume Drop
Freight rates for capesize bulk carriers could hold around current levels or nudge slightly lower next week as cargo volumes fail to match the number of ships available for charterā¦
Maersk Line Slashes Costs, Jobs on Asia-Europe Slowdown
Maersk Line, the world's largest container shipping company, said on Wednesday it will slash costs, cut staff by almost a fifth and pull out of vessel orders as trade along the busiest routes in the world, from Asia to Europe, slows down. The business, part of the A.P. Moller-Maersk conglomerate, is a bellwether for global trade and the shipping industry, which is run mainly by unlisted companies not required to make their assessments or financial circumstances public.
Kizad Attracts Investment from Binghatti
Abu Dhabi Portsāthe master developer, operator and manager of ports and industrial zones in the Emirateāhas signed a standard Musataha agreement (SMA) with Binghatti Holding to set up a new food and beverage (F&B) production plant at Khalifa Industrial Zone Abu Dhabi (Kizad). Binghatti is an international investment holding company that focuses on high-growth potential projects within the real estate, construction and FMCG (fast-moving consumer goods) industries.