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600 Med Migrants Rescued
A Norwegian ship rescued more than 600 migrants from two wooden boats on Monday in the southern part of the Mediterranean, the Norwegian police said on Twitter.
NLNG Eyes $1.5 bln Debut Shipyard in Nigeria
Nigeria Liquefied Natural Gas Company (NLNG) is sponsoring the construction of the first major ship yard in Africa's biggest economy at the cost of $1.5 billion…
Competition, Quality and Demand Come Together
Combat, Patrol and Law Enforcement Vessels Meet Multiple Missions with varied business plans. U.S. firms building patrol, combat and law enforcement craft are weathering government budget cuts by strengthening ties with clients and public agencies. These unique boats remain in demand because of terrorism, crime, wars, piracy and fire, and most serve multiple missions. As maritime nations beef up their defense capabilities, U.S.
Solstad Offshore Returns to Gibdock
Gibraltar-based ship repair company Gibdock informs it has built up a close working relationship with Solstad Offshore, with a number of the Norwegian operator’s specialist offshore craft being repaired at the yard over the past few years. This partnership was recently rekindled when a construction support vessel (CSV), the 5,000dwt Normand Pacific, arrived in Gibraltar for its first special survey.
Equipment Donation Solve Hospital Ship’s Heat Problem
When Mercy Ships decided to increase the airflow in the CAT scanner room on board its hospital ship, Africa Mercy, the international charity turned to Elta Fans’ Applied Technology division for help. The Africa Mercy operates in hot and humid climates in Africa making it challenging to keep the medical spaces cool, this is particularly difficult in the CAT scanner room. Adding to this problem, in 2013 Mercy Ships installed a new CT scanner which produces a lot more heat than the older model.
Crewboat Merlin Tide Sold to European Buyers
Marcon International, Inc. of Coupeville, Washington has announced that Tidewater Marine International Inc. has sold its44.2m x 8.1m x 3.6m depth / 1.7m draft, 168mtdw, high-speed, aluminum crew / supply vessel Merlin Tide\ to private European operators for continued operation in oilfield service. Built by Swiftships Shipbuilders LLC of Morgan City, Louisiana for Tidewater as Hull 524 in 1999, the vessel is powered by five 956kW Cummins KTA 38M2 diesels developing a total of 6…
Offshore Accommodation Market Sees Modest Growth
Douglas-Westwood (DW) forecast in its new World Offshore Accommodation Market Forecast that over the period 2015 to 2020 demand for offshore accommodation vessels will average almost 42…
Ezra Wins UK North Sea Contracts
Offshore service provider Ezra Holdings has announced that subsea division, EMAS AMC, has won global contracts values at over $115m including options, reports Business Times.
GPHA Gets $1.5 bln for Tema Port Expansion
The Ghana Ports and Harbours Authority (GPHA) has received 1.5 billion dollars for the expansion of the Tema Port. The authority today signed a 35-year Concessionary…
Tanker Market Full Streams Ahead, Says OPEC
The dirty tanker market enjoyed a general improving sentiment in May for vessels in all reported classes on the back of high tonnage demand and increased activities.
Maersk, Partners to Invest $1.5b in Ghana Port Terminal
Danish shipping group A.P. Moller-Maersk said on Friday its APM Terminals unit would together with partners invest $1.5 billion to upgrade its Tema port terminal in Ghana and add 3.5 million TEUs in annual throughput capacity. Partners are Bollore Africa Logistics and the Ghana Ports and Harbour Authority. (Reporting by Sabina Zawadzki, editing by Anna Ringstrom)
Asia Tankers-VLCC Rates Softening
Owners waiting for charterers to release July cargoes next week. programme, brokers said. "Rates are rolling, skidding by half a point a day," said one Singapore VLCC broker on Friday.
GS Caltex Buys Rare West African Crude Cargo
GS Caltex to buy 920,000 barrels of West African crude; first West African shipment in almost a year. South Korea's GS Caltex Corp is set to receive its first shipment…
Top US Shipping Execs to Receive USS Awards
Anthony Chiarello, Matthew J. Cox and James C. The United Seamen's Service (USS) 2015 Admiral of the Ocean Sea Awards (AOTOS) will be presented to Anthony Chiarello, President and CEO of TOTE; Matthew J. Cox, President/CEO of Matson Inc.; and James C. McKenna, President and CEO of Pacific Maritime Association. The maritime industry awards are to be presented at the 46th annual gala industry dinner and dance in New York on November 13, 2015.
PSA International Ventures into South-Western China
PSA International (PSA) established itself as the first and only Global Terminal Operator in the Guangxi-Beibu Gulf region by signing a Joint Venture Agreement with…
China to be the Top Shipping Nation by 2030
China’s total international shipping volume will reach 6.2bn tons, which will account for 17% of the world’s shipping volume, says 2030 China Shipping Development…
Busy Season for Seaway
Grain shipments through the St. Lawrence Seaway are up 7 per cent this season, continuing the pace set last year when ships carried the largest volume of grain through…
SENER Group Reports Continued Growth
Turnover increased by 8 percent to reach 1.315 billion Euros, with net profit rising by 66 percent to reach 57.8 million Euros. The engineering and technology group SENER ended 2014 with a turnover of 1,315.7 billion Euros; an increase of 8.02 percent over the previous year. The group’s operating result came to 73.3 million Euros, representing an increase of 54.7 percent compared to 2013, and the holding company’s profit reached 57.8 million Euros (an increase of 66.1 percent).
Maersk Mulls African Expansion
AP. Moeller-Maersk A/S, owner of the world’s largest shipping container line Maersk Line is to drive to secure contracts to build and upgrade ports in Nigeria and Kenya, according to Bloomberg.
Are Tankers Going the Distance?
What is happening to the average voyage length of crude oil tankers? Tanker market pundits are continuously discussing the reasons for the strength of the market…
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
