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Second Damen ATD 2909 Tug for SA Navy
Damen Shipyards Cape Town (DSCT) is currently building a Damen ATD 2909 Tug named Inyathi – Buffalo in English – to be delivered to the South African Navy in January 2016.
Piracy Attack on Small Tankers Continues - ICC
Published today, a new report from the International Chamber of Commerce (ICC) International Maritime Bureau (IMB) highlights a continuing trend in South East Asia…
Evac's Total Waste Management for Atlantic Mercy
The global cleantech company Evac has been chosen to supply its total waste management system to the world’s largest civilian hospital ship, the Atlantic Mercy. Owned and operated by the nonprofit Mercy Ships, the ship will provide medical care in the poorest parts of Africa. The vessel is now being constructed by the China Shipbuilding Industry Corporation at the Tianjin Xingang Shipyard. The contract to supply the vessel was signed in May 2015 for delivery in 2016.
The Maritime Launch of Big Data
It’s no coincidence that Class standard bearer DNV GL’s incoming group chief exec, Remi Eriksen, is a former telecoms engineer who knows his way around Houston (IT) and Singapore (yards). After all, the satellite communications industry understands shipping. The reverse should also be true. Speaking ahead of his first day as CEO, Eriksen describes a future of “fast ships and slow growth” — not bandwidth growth, mind you.
Eagle Ocean Marine Grows Market Share
Eagle Ocean Marine (EOM), the specialist fixed premium P&I and FD&D (Freight, Demurrage and Defense) facility underwritten by the American Club, has reported a solid fourth year of operations, and a strong start to its fifth year of activity, following the successful renewal of its quota-share and excess of loss reinsurances with Lloyd’s underwriters as of July 1, 2015. Over the past year, tonnage…
Mount Whitney Dry Docking Nears Completion
The U.S. 6th fleet’s command and control ship USS Mount Whitney (LCC 20), entered the final stages of its renovation and overhaul at the Viktor Lenac shipyard, in Rijeka, Croatia, July 11, 2015.
Hapag-Lloyd Modifies West Africa, Northern Europe Service
Standalone West Africa Express service (WAX) offers improved transit times, connection to Hapag-Lloyds global service network. Effective August 10, Hapag-Lloyd will offer its customers an improved service between West Africa and Northern Europe, the company announced today. The new West Africa Express service (WAX) provides transits to and from key markets, for instance 13 days from Antwerp to Dakar, and from Abidjan to Antwerp in only 11 days.
CMA CGM Group Upgrades African Service
The CMA CGM Group announced changes to its African service, upgrading its EURAF 4 service to directly connect West Africa to the West Mediterranean markets each week starting July 18, the group announced. Up until now, the EURAF 4 service has been calling the following ports: Tangiers, Lome, Cotonou, Port Gentil, Libreville, Lome and Tangiers. The service upgrade will see added calls in Italy, France, Malta and Spain.
New Guidance on Large Scale Migrant Rescue
The global shipping industry, represented by a cross section of international shipowners' associations and seafarers' unions, has collectively updated the industry's Guidelines on Large Scale Rescue Operations at Sea. This is in response to the continuing crisis in the Mediterranean, in which merchant ships and their civilian crews have so far assisted in the rescue of over 50,000 people. But the Guidelines…
Thousands Rescued At Sea Near Libya
Around 2,700 migrants were rescued from 13 boats near the coast of Libya on Wednesday, Italy's coastguard said. A German navy vessel and a search and rescue ship…
Oaktree Capital Pumps $25 mln into Harkand
Harkand's key shareholder Oaktree Capital Management has reaffirmed a strong commitment with an additional $25 million of funding which will allow the company to expand its footprint in new and existing regions. As well as maintaining its operations in current market conditions, the global inspection, repair and maintenance company has recently been awarded three major frame agreements taking them into West Africa and Mexico for the first time.
Aker Solutions Revenue Steady
EBITDA margin ex. EBIT margin ex. Aker Solutions' revenue was steady at NOK 8 billion in the second quarter of 2015 from a year earlier amid progress on major projects…
Oil Analysts, Experts Weigh In On Iran Nuclear Deal
Iran, the United States and five other major powers reached an agreement to restrain the Iranian nuclear program in exchange for relief from economic sanctions.
Peugeot Plans Expanded Iran Venture After Nuclear Deal
PSA Peugeot Citroen is in advanced talks over an Iranian carmaking venture with historic partner Iran Khodro and expects rapid progress following the diplomatic…
Keppel Secures $85 mln Liftboat Order
Keppel FELS Limited (Keppel FELS), a wholly owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has secured a contract from Crystal Heights Holdings Limited…
New E-learning Course for Migrant Sea Rescue
UK-based charity Human Rights at Sea (HRAS) announced its cooperation with maritime training provider Marlins on the development and endorsement of a new e-learning course addressing the rescuing of migrants at sea. The new course, entitled Humanitarian Response, aims to provide learners with an understanding of the reasons why migrants and refugees choose a sea route, suggestions for planning and…
Port of Barcelona: Leader in Vehicle Shipping
The automotive industry developed during the 20th century in Barcelona, Spain's principal industrial city and the center of one of Europe's four key development driving regions. The Port of Barcelona claims a leading role in the development of this sector throughout its history, and today it is one of its main factors of competitiveness, both for finished vehicles and containerized part traffic. When the industry began to develop in Catalonia…
RBS to Exit Greek Shipping Portfolio
Royal Bank of Scotland Group PLC is winding down its Greek operation and is looking to sell its USD5 billion shipping loans portfolio, Reuters reported on Saturday.
Tanzania: Dar es Salaam 2015 Port Volume to Increase
Cargo volumes at Dar es Salaam port are expected to rise as much as 25 percent this year, helped by expanded capacity and improved efficiency, Tanzanian president…
12 Migrants Drown, 500 Rescued in Mediterranean
Twelve migrants died on Thursday when their overcrowded rubber dinghy sank off the coast of Libya, the Italian Coast Guard said, while some 500 were rescued in the…
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
