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Grimaldi Orders Three PCTCs
After signing an order for the construction of five new ships two weeks ago, the Italian shipowner Grimaldi Group has signed another contract for the construction…
Technip Samsung JV Wins 2 FLNG Project Contracts
The Browse project covers the realization and installation of three FLNG units to develop the Brecknock, Calliance and Torosa fields in the Browse Basin, 425 kilometers North of Broome…
Terrorists Will Exploit EU Migrant Crisis, ESC Warns
ESC Global Security has called for the Mediterranean to be classed a maritime High Risk Area in the wake of the terrorist atrocities in Tunisia and Europe’s escalating migration crisis. “There is a reasonable doubt that some refugees from these areas will be a threat to European security. Terrorists and fundamentalists will take advantage of the crisis if they haven’t already,” said Jaanus Rahumägi, president and CEO of ESC Global Security.
KPA: Striking Mombasa Port Workers Must Return by Friday
The Kenya Ports Authority said on Thursday striking workers at the Mombasa port should resume work by Friday morning or lose their jobs, and that normal activities…
Striking Ferry Workers to Ease Blockade of Calais Port
Striking ferry workers blocking access to Calais port in northern France agreed on Wednesday to let some boats through, partly lifting a blockade in its third day.
Kenyan Port Workers Strike Over Higher Health Costs
More than 2,000 workers at East Africa's biggest port in Kenya's coastal city Mombasa went on strike on Wednesday protesting an increase in the amount they will…
Transnet Awards Bid for Cape Town Cruise Terminal
Transnet National Ports Authority awarded the V&A Waterfront (Pty) Ltd the status of Preferred Bidder for the development of a cruise terminal at the Port of Cape Town, Transnet said on Tuesday.
First Bodies Recovered from Deadliest Migrant Shipwreck
Italy's navy said on Tuesday it had retrieved the first bodies from the wreck of a boat that sank in the Mediterranean three months ago, killing up to 800 migrants…
S. African Competition Watchdog Fines Japanese Shipping Firm
South Africa's competition watchdog has recommended Japanese shipping firm Nippon Yusen Kabushiki Kaisha Ltd (NYK) pay a 104 million rand ($8.5 million) penalty…
Otto Marine Secures $131 mln in New Contracts
Otto Marine Limited, an offshore marine company which specializes in building complex offshore support vessels, ship chartering and offers specialized offshore services…
Polarcus Divests from Select Projects in Europe, Africa
Polarcus Limited announced it has signed a Letter of Intent (LOI) with TGS-NOPEC Geophysical Company ASA (TGS) for the sale of its multi-client projects in Northwest Europe and West Africa (MC Projects) in return for a cash consideration of $27.5 million and future revenue share on library late sales. The agreement includes an upfront cash payment, a tiered revenue share from future sales of the divested…
TGS to Acquire Polarcus' Multi-Client Library
Polarcus Limited has signed a Letter of Intent (LOI) with TGS-NOPEC Geophysical Company for the sale of its multi-client projects in Northwest Europe and West Africa…
Fed's Green Signal for Port Everglades Expansion
Port Everglades received key federal clearance to begin the next phase of deepening and widening its channels. The port now can seek Congressional funding for a…
Global LNG Prices Hold, Supported by Middle East Demand
Asian liquefied natural gas (LNG) spot prices for August delivery were firm on Friday, underpinned by steady demand from the Middle East and the potential for stronger…
Boskalis Secures Dredging Work in Africa
Royal Boskalis Westminster N.V. has been awarded three dredging-related contracts on the African subcontinent with a combined value of approximately EUR 75 million.
Oil’s Downward Spiral Stalls LNG’s Ascent
As industry embraces gas, emissions regulations loom large and bunker logistics options develop, LNG’s fortunes nevertheless get a boost. For every gleeful consumer at the pump, and stockpiling tanker anchored offshore, there’s a corresponding trail of businesses that are struggling to ride out the worst price drop in crude since the mid-1980s. As oil giants slash CapEx, Halliburton and other industry players layoff thousands and record numbers of oil rigs go offline…
Wave Piercing Cat Utility Craft Delivered to Nigeria
Incat Crowther has announced the delivery of Benreoch, a 30m Wave Piercing Catamaran Utility Craft built by Veecraft Marine in Cape Town, South Africa. The vessel was developed specifically for crew transfer to offshore platforms in Nigeria. At 30.3m in length and 8.5m in beam, Benreoch is 2.7m longer and 1m wider than her predecessors, Topaz Zenith and Topaz Zephyr. The larger platform has been used to increase the aft working deck capacity, with a 53m2 cargo area and rescue boat and crane.
Over 3,700 Migrants Rescued in Med
Ships patrolling the Mediterranean have plucked more than 3,700 migrants from overcrowded and unsafe boats in the last two days, Italy's coastguard said on Tuesday.
200 Migrants Rescued off Libyan Coast
A refined product tanker owned by Danish shipping company Torm rescued more than 200 migrants off the coast of Libya on Sunday and took them to Italy at the request of the Italian coastguard…
Seatronics Appoints Donaldson as V.P.
Seatronics Ltd, an Acteon company and part of its survey, monitoring and data business, has promoted Derek Donaldson from vice president Asia Pacific to vice president global operations.
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
