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Topaz secures another West Africa contract
Topaz Energy and Marine, a leading offshore support vessel company with primary operations in the Middle East and Caspian, today announced a new contract win forā¦
US Navy Ship Welcomes President of Romania
The forward deployed guided-missile destroyer USS Donald Cook (DDG 75) welcomed aboard Romanian President Traian Bsescu while the ship was in port in Constanta, April 14. Bsescu was met by members of the U.S. Embassy and Donald Cook's Commanding Officer Cmdr. Scott Jones. He was then given a tour of the ship, including the Navigation Bridge, Combat Information Center and Engineering Control. "Operatingā¦
Europe Gasoline Cracks Strong on US Demand
Gasoline prompt cracks in northwest Europe slipped on Monday but remained at eight-month-highs supported by strong demand from the United States, where inventoriesā¦
Oil Marketer Says Africa Needs to Refine its Oil
Ethiopia's leading private oil marketer plans to expand into neighboring east African economies and is interested in part financing a refinery after commercial discoveries in the region.
BASS Lands Deal in the Taiwanese Market
Fleet management solutions company BASS said it has achieved a recent deal in the Taiwanese shipping sector by securing its maiden contract in that bustling far eastern market. Under the deal with Taiwanās Simosa Shipping, the BASSnet Maintenance module will be implemented within the company. BASS landed the contract following a tender exercise that proved its superiority in streamlining maritime operations through the innovative use of information technology.
Topaz Secures another West Africa Contract
Topaz Energy and Marine, an offshore support vessel company with primary operations in the Middle East and Caspian, announced a new contract win for its fast growing West Africa operation. Under the terms of the $11 million agreement, Topaz will supply a global oil major with a platform supply vessel, the Topaz Faye, for 18 months to support its offshore production operations. This contract comes onā¦
Fit for Sea Medical Program Tests 300,000th Applicant
The UK P&I Club informs that its Pre-Employment Medical Examination Programme, claimed to be the worldās leading scheme for assessing the fitness of prospective seafarers, has just completed its 300,000th examination. For the past 18 years, the PEME Programme has provided crew with a first rate health check before going to sea while protecting ship owners from claims arising from medical conditions existing prior to employment.
Port of Antwerp wins āPort of the Yearā Award
International Seafarersā Welfare and Assistance Network (ISWAN). award on behalf of Antwerp Port Authority at the International Labour Organisation (ILO) in Geneva.
McQuilling Services Industry's Spot Market Review for First Quarter
Thereās no denying that the wave owners rode into 2014 on was a welcome way to start the new year (at least from their perspective). Earnings in the large crudeā¦
More Disruption at Libya's Oil Ports
Libya may have averted a state collapse by striking a deal with eastern rebels to reopen occupied oil ports, but technical delays and simmering federalist dissentā¦
Kongsberg to Supply Engine Room Simulator to Ghana
The Regional Maritime University (RMU) has awarded Kongsberg Maritime a contract to deliver its K-Sim Engine simulator for its premises in Accra, Ghana. The highly advanced Full Mission Engine Room Simulator (ERS), which is due for delivery in May 2014 will enable RMU to provide education according to STCW requirements. RMU is a tertiary institution that gained university status in October 2007. Itā¦
Libya's Coastguard Detains 400 Immigrants
Libya's coastguard has detained more than 400 immigrants, mostly from the Horn of Africa, in its waters in the past two days as they tried to illegally cross to Europe in small boatsā¦
Ship Ready to Destroy Syria's Chemical Arms at Sea
Experts on board a cargo ship transformed into a multimillion dollar chemical weapons destroyer said on Thursday they were ready to start working on Syria's stock of toxic arms in the middle of the Mediterranean as early as May. Now they just have to hope the weather holds and Damascus delivers on time. Former container vessel Cape Ray, docked in southern Spain, has been fitted out with at least $10ā¦
Commodity Funds Bounce in Q1 after 2013 Losses
Commodity funds bounced in the first quarter from a 2013 loss, with the top performers in the Lipper Global Commodity group racking up double-digit returns after rallies in agricultureā¦
Maritime Security handbook: Stowaways by Sea
Improvements in security have not reduced the number of stowaways or the number of incidents and it is seafarers who have to cope with the extra work, delay, uncertainty and possible violence.
North Sea Crude-Forties up on Lower May Supplies
North Sea Forties crude differentials rose on Wednesday as traders pointed to lower supplies in May, and rumours of possible shipments to South Korea. The May loadingā¦
Shale Revolution Reverses Global Energy Flow
The United States has replaced OPEC as the marginal petroleum supplier to the world thanks to the shale revolution and improvements in automotive fuel efficiency. Net U.S. imports of crude and products have halved over the last five years, or by an amount equivalent to the entire daily crude exports of Saudi Arabia. Net imports totalled 5.2 million barrels per day at the start of 2014, down from 11.2 million at the beginning of 2009, according to the U.S. Energy Information Administration (EIA).
"Shock" incidents blight falling piracy rate
A UK maritime intelligence provider Dryad Maritime released its Q1 maritime crime figures which show an overall downturn in incidents across the Horn of Africa,ā¦
Australian LNG investment is at risk, but not as much as feared
The Australian oil and gas industry is telling everybody that a second wave of investment in liquefied natural gas (LNG) plants is at risk unless labour and regulatory costs are cut.
Offshore firm's IPO may give Singapore market shot in the arm
This would be only the second mainboard IPO in Singapore this year. Singapore's IPO market lacklustre in recent years, but oil and gas related offerings find favour in Singapore.
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
