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Nigeria to Cut Petrol Subsidy by Half
Nigeria plans to cut subsidies on petroleum products by half next year after sharp falls in global crude prices, spurred the government to revise its 2015 budget downwards…
USS Oscar Austin Deploys to 6th fleet
Arleigh Burke-class guided-missile destroyer USS Oscar Austin (DDG 79) departed Naval Station Norfolk Nov. 21 for a deployment to the U.S. 6th Fleet area of responsibility (AOR).
Steven Palazzo Visits HII, Newport
Huntington Ingalls Industries today hosted Rep. Steven Palazzo, R-Miss., for a tour of the company's Newport News Shipbuilding division. Palazzo represents the fourth district of Mississippi…
Orlando Ashford is President, Holland America Line
Holland America Line announced today that effective Dec. 1 Orlando Ashford will join the company as president to lead the award-winning cruise line's brand and business…
Asia Tanker, VLCC Rates Could Climb
Charterers to release 30 Middle East VLCC cargoes next week. VLCC market buoyed by upbeat Suezmax, Aframax sectors. Rates for very large crude carriers (VLCCs) on…
Australian Navy Seizes $158m of Heroin
An Australian Navy warship patrolling Indian Ocean waters seized heroin worth $158 million near east Africa this week, a navy official said on Thursday, one of the region's biggest heroin hauls in recent years. East Africa has become a key export route for Afghan heroin destined for Europe but regional maritime forces, short of funds and anti-trafficking expertise, have struggled to stem the flow of narcotics through their territorial waters.
Mombasa's 2014 Port Cargo to Soar 14 pct
East Africa's biggest port, Mombasa, expects to handle at least 14 percent more cargo this year, helped by its expanded capacity and a marketing drive, its management said on Thursday.
MoA for APM Terminals in Ghana Port Deal
Port operator APM Terminals, a unit of shipping and oil conglomerate A.P. Moller-Maersk , said on Thursday it had signed a memorandum of understanding with the government…
Angola Crude Exports Set to Rise in January
Angola is set to export 1.77 million barrels per day of crude oil in January, up from 1.60 mln bpd in December, a provisional shipping list showed on Tuesday. The oil from the OPEC member…
Spudding of Gierałtowice Well
San Leon Energy, the AIM listed company focused on oil and gas exploration in Europe and North Africa, announces that it has spudded the Gierałtowice well, which…
Symposium to Address Africa’s Economy, Security Challenges
The Department of International Relations and Cooperation, in collaboration with the Institute for Global Dialogue associated with UNISA, the Open Society Foundation South Africa…
Antipiracy System Updates Triple Operating Range
WatchStander LLC, a provider of antipiracy technology for the shipping industry, has tripled the effective operating range of its fully automated antipiracy system. The company upgraded its system to detect vessels and potential piracy threats from up to six nautical miles, tripling its previous capability. It has also enabled the technology to automatically respond with advanced, nonlethal countermeasures against inbound pirate boats as early as five nautical miles…
Kalmar SmartStack goes live
Kalmar, part of Cargotec, has implemented the Kalmar SmartStack solution at Durban Container Terminal (DCT) in South Africa for real-time container inventory reporting and management.
Shippers Called to Action in Fight against Ebola
Global shipping, logistics and marine services provider GAC Group is calling for shipping and logistics companies to invest in staff and crew education on how to reduce the risk of exposure to Ebola, and to keep up-to-date with precautionary measures being put in place around the world to contain the spread of the virus and minimize its impact on global transport. Michael Sturesson, General Manager of GAC Angola…
Maersk Line Q3 Performance Better
Maersk Line said it has achieved improved results in the third quarter of 2014 (Q3) through lower costs and increased rates. Revenue in Q3 was $7.074 million, as…
What’s New in Floating Production?
What’s New in October 2014? Today 324 oil/gas floating production units are now in service, on order or available for reuse on another field. FPSOs account for 65% of the existing systems, 78% of systems on order. Production semis, barges, spars and TLPs comprise the balance. The oil/gas production floater inventory is the same as last month. There were no orders for additional production systems in September. Another 30 floating LNG processing systems are in service or on order.
New Director on Odfjell Board
Odfjell SE held a general meeting November 12, 2014 at which the nomination committee elected Annette Malm Justad as its new director of the board. Annette Malm Justad is a Norwegian citizen born in 1958. She has a master's degree in chemical engineering from the Norwegian Institute of Technology (NTH) and a master in technology management from MIT Sloan School of Management. She has a broad experience in logistics…
Speedcast Secures Deal with AMPTC
SpeedCast International Limited announced that it has been awarded a multiyear contract from Arab Maritime Petroleum Transport Company (AMPTC), a provider of maritime transport services of hydrocarbon substances in the Middle East region. SpeedCast will provide satellite network connectivity for AMPTC’s entire fleet of vessels. SpeedCast will provide each AMPTC vessel with end-to-end VSAT services that enable corporate networking, Internet access, voice communications, and crew welfare services.
Ebola Safety Video Launched for Mariners
KVH Industries, Inc. is offering Videotel's new video about Ebola safety free to all mariners worldwide in an effort to increase awareness of the prevention measures that can help keep seafarers safe. KVH has created a website, www.kvh.com/EbolaSafety, for mariners to download the free video and an accompanying workbook. In addition, KVH delivered the video program to its IP-MobileCast customers on vessels across the globe, who will automatically receive the video for immediate viewing onboard.
Aden Port Regains Transshipment Business
Aden Port Development Company and a number of its staff received the giant container ship Ever Logic of Evergreen Shipping Line with a length of 335 meters and a tonnage of 8452 TEU…
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
