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Swaziland Plans Canal to the Indian Ocean
The Government of Swaziland, despite being entirely landlocked, has backed a plan to build a channel to the Indian Ocean, the latest in the 21st century’s epic round of global canal construction.
UASC Boosts West Africa Services
United Arab Shipping Company (UASC) has launched two new West Africa services, WAF2 and WAF3, to enhance schedule reliability and cater to growing demand. The new services…
MSC Upgrades Europe-West Africa Service
As part of our objective to continually improve our services to customers, MSC is delighted to announce an upgrade to its Angola Express service with a first sailing…
Asia Tankers-VLCC Rates Will See More Volatility
VLCC market to be "hot" in Q4 -VLCC broker. Freight rates for very large crude carriers (VLCCs) face a roller-coaster ride on uncertain cargo volumes and vessel supply ahead of a fourth-quarter boom…
A Great Passion for Small Ships
Gottfried Knöbel owns almost 1,500 miniature model ships, many of them are Hapag-Lloyd ships. How did he end up with this collection? In a quiet residential district in Cologne, hundreds of kilometers from the sea, Gottfried Knöbel opens the door of his house to reveal an incredible collection that spans three floors. Just inside the door, in Knöbel’s home office, ships fill a giant glass case: tankers, cargo vessels, containerships and passenger ships.
Nagtegaal is Head of Containers, Rotterdam Port
Hans Nagtegaal (49) has been appointed the new Head of Containers at the Port of Rotterdam Authority. He is a highly experienced manager from the world of shipping and logistics…
Boat with 40 African Migrants Arrives on Spanish Island
A boat containing around 40 African migrants including a toddler girl landed on a beach on the Spanish island of Gran Canaria, sea rescue services said on Wednesday.
Cameroon Awards Kribi Deepwater Contract
Cameroon has awarded a contract for its Kribi port to a consortium led by French logistics group Necotrans, the two parties said. The deepwater port will allow for…
CMA CGM's Profits Jump 67% in Q2
French shipping giant CMA CGM, reported a 66.7% jump in net profit to $156m in the second quarter of 2015. The result compared to a $94m net profit in the same period a year earlier.
Hurricane Fred Strengthens in Eastern Atlantic
Hurricane Fred strengthened early Monday in the eastern Atlantic as it approached the Cape Verde Islands, while the remnants of Tropical Storm Erika brought flooding to parts of South Carolina, according to U.S. forecasters. The center of Fred is expected to pass near or over the northwestern Cape Verde Islands, an archipelago off the west coast of Africa with a population of 525,000. Fred had maximum sustained winds of 85 mph (137 kph)…
Harkand: Expanding the Fleet, Growing a Global Business
International inspection, repair and maintenance (IRM) company Harkand aims to be a $1 billion company. MR’s Tom Mulligan recently met with John Reed, the company’s CEO, to discuss his vision for the future and how Harkand aims to achieve its goal of being the leading subsea IRM and light construction contractor globally. Established in 2012 and headquartered in London with operations bases in Aberdeen…
Bunkers International Files for Bankruptcy
U.S. based bunkering services firm Bunkers International Corp. announced August 28 that it has filed for reorganization under Chapter 11 of the Bankruptcy Code. Bunkers International and its affiliated companies were forced to file for Chapter 11 bankruptcy protection after their primary lender ceased lending and swept all available cash, Bunkers International said in a press release. Bunkers International, a privately held U.S.
Private Ship Repair Moves Dry Dock Timelines
A delay in private repairs to the hospital ship Africa Mercy has caused a two-and-a-half week adjustment of timelines for Transnet National Ports Authority’s R30 million repair project at the Prince Edward Graving Dry Dock in Durban. The facility was due to be nonoperational for two months over August and September. However private ship repair company, Dormac Marine and Engineering, discovered additional…
CMA CGM-led Consortium Win Box Terminal Bid
The consortium formed by CMA CGM, Bolloré and CHEC won the bid process initiated by the Cameroonian government Following the bidding procedure initiated by the Cameroonian government…
Optimistic on VLCC Market
Shipbroker Charles R. Weber is quite optimistic on the future prospects of the VLCC market for 2016 onwards. The demand is expected to remain elevated with spot…
Eni Finds Giant Egyptian Offshore Gas Field
The Italian energy major Eni SpA discovered a “super giant” natural gas field offshore Egypt in what the Italian oil company said is the largest find in the Mediterranean Sea.
United Heavy Lift Gears up for the Asian Boom
Set to expand its footprint in the South Asian market, Hamburg-based United Heavy Lift (UHL) appointed strategically placed Lexicon Overseas Pvt Ltd. as its General Agents in India…
Migrant Boat Sinks off Libya; 200 Feared Dead
A boat packed with mainly African migrants bound for Italy sank off the Libyan coast on Thursday and officials said up to 200 might have died. A security official in the western town of Zuwara…
Bollore Bags Contract for Kribi Container Port
France's Bollore-led consortium has been awarded the contract to develop and operate a container terminal in Cameroon's deep-water port of Kribi, says a report in Reuters.
Maersk Group Optimistic on $4Bln Profit Target
AP Moeller Maersk Group has continued to fix its eyes on its forecast of a $4 billion profit for 2015, despite the challenges it is facing in its operating environment, according to Thisday Live.
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
