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Kongsberg Maritime to Equip Yinson Genesis FPSO
Kongsberg Maritime has been selected to supply a complete Electrical, Instrument and Telecom solution, including E- house, for the new Yinson Production (West Africa) Pte Ltd FPSO, ‘Yinson Genesis’.
TNPA’s Tug Project Going Full Steam Ahead
Transnet National Port’s Authority’s R1.4 billion contract to produce nine powerful tugboats is progressing on time and within budget at the Southern African Shipyards premises in Durban. “This is a milestone project that reinforces the capacity and skill of South Africa and indeed Durban when it comes to competing in the global shipbuilding industry,” said TNPA program manager Eugene Rappetti, Senior Manager for Marine Operations.
Topaz Energy and Marine Secures $550m Facility
Topaz Energy and Marine, an offshore support vessel company, announced a new $550 million facility. The facility is arranged over three tranches. The first is a…
CMA CGM Acquires Stake in LCL Logistix
The CMA CGM Group informs it has taken a strategic stake in the 25-years old Indian logistics company LCL Logistix, via the group’s freight forwarding and logistics solutions subsidiary CMA CGM LOG.
CMA CGM Acquires India's LCL Logistix
CMA CGM has acquired a 60 percent stake in India's LCL Logistix as it tries to expand in freight forwarding services, the French shipping group said on Wednesday.
Containers, Crude Drive Q1 Increase at Marseille Fos
A record month for containers and a revival in crude oil imports boosted first quarter throughput at leading French port Marseille Fos to 20.1 million metric tons – up by 1.3 million metric tons or 6.9 percent on January-March last year. Box traffic rose 8 percent to 312,820 TEU after growth of 9 percent at the deepsea Fos terminals and 5 percent at the largely intra-Mediterranean Marseille facility.
BMT Reports Strong Performance for 2014
BMT Group Ltd. announced a strong performance for the year to September 30, 2014, a period which saw BMT secure revenues of £165.1 million with underlying operating profits of £10 million, a proportion of which has been distributed to the staff through the company’s profit share schemes. Comprising 24 operating companies, involved in activity across 10 markets in 35 countries, the BMT group said it continues to concentrate on its core maritime-focused offering across the defense…
Bollore Consortium Misses out on Cameroon's Kribi Port Shortlist
A consortium led by France's Bollore failed to make the final shortlist of firms vying to manage a new container terminal in Cameroon's southern port of Kribi, according…
Hospital Ship Up to Speed with AMOS
SpecTec will work with Mercy Ships to migrate its current system Business Suite to AMOS Enterprise Management Suite (EMS). Mercy Ships’ Africa Mercy, the world’s largest hospital ship, will receive a new update of the latest version of AMOS EMS, installing the Quality Management module. This will be followed with the migration of its existing modules from the current system. At the end of the project, the Africa Mercy will be fully integrated with new and existing modules.
IMO Forum Aims to Rebuild Somalia's Maritime Sector
A three-day Stakeholders Forum will be held April 27-29 to review draft guidelines for the establishment of a Somalia Maritime Administration, coordinated and funded by the International Maritime organization (IMO), is being hosted by the Kenya Maritime Authority at the Sarova Whitesands Beach Hotel, Mombasa, Kenya. According to the IMO, the event aims to develop a framework for establishing a Somalia…
Lagos Port Drags on Africa's Top Economy
Ruling party reforms improved Apapa port; shippers still face delays and corruption. The road leading to the Lagos port, which handles nearly everything that Africa's biggest economy imports…
MPHRP at Anglo Eastern Maritime Academy
Chirag Bahri, MPHRP Regional Director for South Asia was invited by Anglo Eastern Maritime Academy in Karjat, India, to interact with the cadets undergoing pre sea…
The German Shipbuilding Rebound
German shipbuilding has made a significant turnaround. The country’s shipbuilding industry has seen increases in the number of employees, orders and deliveries compared to 2013, according to the German Shipbuilding and Ocean Industries Association (VSM). The special shipbuilding sector drove this growth, as 20 of the 34 delivered new builds could be classified as high-quality special vessels or naval units.
Rescue Ships Head for Libya, as Migrants Die Also in Balkans
British and German warships made ready to sail for waters off Libya as Europe ramped up rescue operations in the Mediterranean after up to 900 desperate migrants…
Kenya Eyes Inland Cargo Logistics Hub to Serve Nearby States
Kenya aims to build a cargo logistics hub near the border with Uganda to receive and clear goods through customs that arrive by air, rail or road, easing pressure…
Port of Ngqura’s New Automated Mooring System
The automated mooring system at the Port of Ngqura in South Africa’s east coast is poised to improve port efficiency and safety, cementing the deep water port’s position as a leading transshipment hub for the Sub-Saharan region. The system comprises 26 mooring units, the last of which arrived at the port in March 2015. “Procured from global engineering group, Cavotec, the mooring units were designed…
Asia Tankers-VLCC Rates Soar
Middle East VLCC rates hit $69,500 a day; daily VLCC rates average $51,000, highest since 2008 (Clarkson). Rates for very large crude carriers (VLCCs) on a key Asian…
Five Minutes with Halul Offshore CEO, Vivek Seth
Last month Maritime Reporter spent some time with Vivek Seth, CEO, of Qatar-based Halul Offshore Services Company, for his insights on the impact of low oil prices in the Middle East and beyond. What is your background? I became part of the Milaha family when I joined Halul Offshore in February 2014 as CEO. I am a second generation Marine Engineer. After sailing as a C/E I took my first shore job as Technical superintendent in Hong Kong for more than two years.
Harkand Haldane DP3 Dive Support Vessel: A New Wave of DSV
The Harkand Haldane is a DP3 dive support vessel currently being designed and built in Europe to reduce downtime in the North Sea’s winter marginal weather months. Along with its well-equipped and logically planned layout, Harkand’s clients looking for increased efficiency to maximize production during these challenging times may well have struck gold. There is no doubt this is a demanding time for the oil and gas industry.
Philippine VP Open to Exploring for Oil with China in Disputed Sea
Philippine Vice President Jejomar Binay, considered a front-runner for the presidency in 2016, said on Thursday he would welcome a joint venture with China to explore for oil and gas in disputed areas of the South China Sea. Binay's stance is in contrast to President Benigno Aquino, who has opposed business partnerships with China in territory claimed by both countries. China claims most of the potentially energy-rich South China Sea…
Maritime Piracy in the Horn of Africa:
Narco-Submarines: The Hidden Depths of Drug Trafficking
Drug Smuggling on Ships and Submarines: An Escalating Threat
Maritime Piracy
Houthi Rockets Wreak Havoc on Middle East Container Shipping
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
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
