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Valls Urges End to Strike at "Sinking" Ferry Group SNCM
Workers at France-Corsica ferry operator SNCM must end their strike and let the troubled company undergo a restructuring to secure its future, Prime Minister Manuel Valls said on Tuesday.
Djibouti, DP World in Legal Spat
Djibouti said it had started legal action against DP World, seeking to rescind the Dubai-owned port operator's concession in Africa's largest container terminal in a row over how the contract was awarded. "The resulting agreement unfairly favoured DP World," the government said in a statement, which questioned payments made in winning the concession in 2000. DP World said it rejected Djibouti's allegations.
Italy in Talks with EU to Share Responsibility for Boat Migrants
Italy is in talks with other European Union states about sharing the burden of rescuing migrants crossing the Mediterranean in crowded boats from North Africa, senior…
FPSO Contract Suspension Could Cost Petrobas US$15-bln
Profit at Petrobras, Brazil's state-led oil company, could be reduced by $15 billion between 2014 and 2018 if it had to suspend oil platform contracts with Holland's SBM Offshore NV…
Global Ocean Trade: Latest Shipbuilding Orders
Orders for gas carriers placed with Korean and Japanese shipyards figure prominently amongst the latest newbuilding orders noted in the latest Clarkson Hellas S&P Weekly Bulletin.
Demand for Coastal and Transoceanic ATBs Grows
Along the way, ATBs gain speed, efficiency, safety – and popularity. Operators of articulated tugs and barges, or ATBs, say they like the maneuverability, weather reliability, stability, speed of these units, and the manner in which the tug pushes the barge. As a marine transportation concept, they can also simply be described as versatile. ATBs move petroleum, chemicals, coal, grain, containerized cargo and rail cars for customers on the U.S. coasts, rivers, the Great Lakes and overseas.
Global Ocean Trade: Latest Shipbuilding Orders
China & Japan shipbuilders scoop the pool of international shipbuilding orders according to the latest Clarkson Hellas S&P Weekly Bulletin. Clarkson Hellas says…
GE Oil & Gas New Facility in Jebel Ali Free Zone
GE Oil & Gas today celebrated the ground-breaking of a new facility that will further expand its presence in the UAE in Jebel Ali Free Zone (Jafza). Scheduled to open in 2015…
Migrant Death Toll Rises on Sea Route to Italy
Migrants arriving on boats in southern Italy say 81 other people travelling with them have died or gone missing during their sea journeys from north Africa, the UN refugee agency said on Wednesday.
Lampedusa Shipwreck Victims Abused: Police Detain 5
Italian police have detained five people in an operation in Agrigento, Catania, Milano, Rome and Turin in a probe into the October 3, 2013 migrant boat disaster off Lampedusa that killed 366 people.
Hammond Commends DP World London Gateway
The UK’s Parliamentary Under-Secretary of State for Transport and Wimbledon MP, Rt. Hon. Stephen Hammond MP has paid a visit to DP World London Gateway to congratulate the team on their success. During Hammond’s last visit in January 2013, the port had only just started to install the first of its yard cranes. Since opening in November 2013, DP World London Gateway has seen a continued increase in ship traffic and is due to see a new West Africa service start in a few weeks.
S. African Engineers & Metallurgists to Strike from July 1
More than 220,000 members of the union of engineers and workers of South Africa (NUMSA) will drop their tools on July 1, after the failure of talks to avert a strike, their leaders said Sunday.
APM Terminals Leads Productivity Rankings Again
The JOC Group’s latest study of port productivity data, covering the year 2013, retains APM Terminals Yokohama as the world’s leading container terminal in productivity…
Swire Oilfield Services Plans More SE Asia Investments
Swire Oilfield Services, global supplier of cargo carrying solutions, modular systems, offshore aviation services and fluid management says it plans to further invest…
MCTAYS Invests $1.7m in Facility Upgrade
A shipbuilder has invested more than $1.7million (£1million) at its headquarters, including upgrading a slipway which is now capable of accommodating vessels up to 2,000 metric tons. MCTAYS, the shipbuilding subsidiary of HS Ocean Group of Companies, opened the upgraded slipway at its yard in Birkenhead on the banks of the River Mersey to coincide with its 40th anniversary. Peter Breslin, Managing Director of MCTAYS…
Ivory Coast Aims to Boost Cotton Output
Ivory Coast is aiming to boost its seed cotton output to 600,000 tonnes in the next two years, the head of the country's industry regulator said on Thursday, marking…
Eni, PetroVietnam Ink Offshore Exploration Contract
Eni said on Thursday it had signed a new offshore exploration contract with PetroVietnam as the Italian oil and gas group moves to strengthen its presence in Vietnam.
Piracy Offshore Africa: Securing a Continent
The late Nelson Mandela once said: “I dream of an Africa which is in peace with itself.” At the EU-Africa summit in Brussels last month, European leaders urged their African counterparts to facilitate that dream by shouldering more of the security burden in their countries, both onshore and offshore. The summit coincided with reports of renewed piracy activity in the Gulf of Aden; ongoing attacks on shipping in the Gulf of Guinea…
SENER Operating Revenue up 7.6% in 2013
The SENER Engineering and Technology Group closed the 2013 financial year with an operating revenue of €1.218 billion, representing a growth of 7.6% on the previous year. The number of people working at SENER reached 5,570, an increase of 3.8%, and R&D investment was €71.7 million, representing 5.8% of the group's revenue. These figures position SENER as Spain's leading multidisciplinary engineering…
OEG Offshore Acquires OSCA Environmental Services
Cargo-carrying unit, OEG Offshore, announced its gain of OSCA Environmental Services Ltd., saying the acquisition expands its international reach in the Caspian region. OEG has acquired OSCA's 2,500-unit stock has multiple bases including: Baku, Azerbaijan and Aktau, Kazakhstan, and Turkmenistan. Additional stocking locations include: Sakhalin, Russia, Gabon, Congo and Angola. This acquirement is OEG’s second major global move in less than two months…