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Drydocks World Showcases at Sea Japan
Drydocks World and Dubai Maritime City Group, the international service provider to the maritime, offshore oil and gas and energy sectors, is participating in Sea…
Damen Pontoon Deliveries Ensure Stock Availability
Last Friday, April 4, a shipment that left China seven weeks ago carrying 13 new Damen Stan Pontoons and 10 other Damen vessels arrived in Rotterdam. The built-for-stock pontoons and vessels will uphold Damen’s ultra-short delivery times as demand rises - 170 deliveries in 2013. This has also led to Damen introducing newly designed barges and completing a number of custom pontoon and barge projects. Damen has sold 37 pontoons and barges in the last two years.
POSH attracts Hwang, Fortress as IPO investors
PACC Offshore Services Holdings (POSH), part of the empire of Malaysia's richest man Robert Kuok, has roped in Hwang Investment Management Berhad and Fortress Capital…
PDVSA to Sell Jet Fuel and ULSD Cargos for April
Venezuela's state-run PDVSA launched tenders to sell one 240,000 barrel cargo of jet fuel and one 240,000 barrel cargo of ultra low-sulfur diesel (ULSD) for delivery in April…
Europe Gasoline Stronger, Exports Brisk
Gasoline barge prices in northwest Europe rose on Friday, boosted by brisk cargo exports as demand builds ahead of the peak summer driving season. "Things are perking up," said one trader.
Ashton Hosts Maritime Security Event
Catherine Ashton, High Representative for Foreign Affairs and Security Policy/Vice-President of the European Commission, hosted a meeting on Tuesday in Brussels…
W.Africa Crude-Traders on Sidelines
West African oil differentials were unchanged on Friday, with traders on the sidelines as they assessed the impact of lower North Sea supply and awaited a clearer outlook for Libyan exports.
BMT Delivers Metocean Support for Tullow Oil
BMT ARGOSS (BMT), a subsidiary of BMT Group, has announced the award of a number of metocean assessments for Tullow Oil Plc., including comprehensive overviews of meteorological and oceanographic conditions in West Africa and South America, to help support the company’s offshore oil and gas exploration and operating activities. Colleen Abell, Senior Environmental Remote Sensing & GIS Specialist at Tullow Oil Plc commented…
Ro-Ro Traffic: ERL Selects HAROPA
In order to develop its business of carriage of new and secondhand vehicles from France, European Roro Lines (ERL), a company among the leaders of the ro-ro traffic bound for Africa, has selected HAROPA. Created March 1, the French subsidiary of European Roro Lines, (ERL France) has just set up its head office in the port of Le Havre and launches the operation of a river terminal on a surface of 4,650 sq.
MTN, Fred.Olsen Extend 4-Year Relationship
MTN Communications (MTN) announced Fred.Olsen Cruise Lines has extended its four-year relationship with the company. Fred.Olsen chose to increase the breadth of communications, content services and support MTN provides. The MTN partnership includes an enhanced onboard suite of connectivity options for passengers and crew. MTN will continue to provide crew calling and its Worldwide TV service (MTN TV).
SC Ports Welcomes New Coffee Warehouse
Today Dupuy Storage and Forwarding, LLC opens its newest coffee warehouse and handling facility in North Charleston to serve the rising levels of imported coffee beans through the SC Ports Authority.
Seminar Stresses Port Security to Reduce Stowaways
Port facilities need to further strengthen their capacities for surveillance and access control, in order to reduce the incidence of stowaways, participants at a…
ABB Turbocharging Service Point at Drydocks World
Drydocks World, the international service provider to the maritime, oil and gas and energy sectors announced today that ABB’s first-ever Middle Eastern Turbocharging Service Point is now in operation inside its Dubai-based facility. The new Turbocharging Service Point will promote sharing of mutual benefits to enhance business of both companies, ensure enhanced turbocharger service to customers in the yard, and offer one-stop ABB turbocharger solutions at Drydocks World and Maritime World.
CMA CGM Reports Solid Performance in 2013
The Board of Directors of France’s CMA CGM, the world’s third largest container shipping company, met under the chairmanship of Jacques R. Saadé, Chairman and Chief Executive Officer, to review the financial statements for the year ended December 31, 2013. “In 2013, in a difficult market, we successfully reduced our costs while increasing our volumes carried much faster than the market, enabling us to report one of the industry’s best financial performances, “Saadé, said.
Dubai Water Canal Project Contract for Parsons-Halcrow JV
The Parsons/Halcrow Joint Venture (JV) informs it has been selected by the Roads and Transport Authority (RTA) for the construction supervision of the Dubai Water Canal Project. The JV, whose initial scope of work, awarded in December 2006 was for design, has now been awarded the next phase of the project. The new scope of work includes elevating three major roads in Dubai, relocating utilities, and constructing the 2.8‑km‑long Dubai Water Canal.
ICC: Beware Spurious Oil Fraud Claims
The ICC reported that shipowners are facing new dangers from criminal gangs making spurious oil fraud claims. The “victims”/fraudsters try to extort money from owners by bringing action against them for failing to deliver cargoes of oil they allegedly own. Such scams were previously confined to West Africa, ICC said, but now appear to have spread to other countries, as a case reported recently to the ICC International Maritime Bureau (IMB) shows.
Nonlethal Equipment Prevents Robbery at Sea
Westmark BV has recently performed a test in which passive nonlethal equipment served in a multilayered strategy to protect fishing crews from the threat of robbery at sea. Until now fishing vessels operating in high risk areas have been virtually unprotected. Due to low freeboard, low speed, these vessels are a vulnerable target for heavily armed criminals. Employing armed guards is not an option for these fishing boats.
Six Skiffs Pursue Oil Tanker
GAC advised mariners in its daily alert that on or about 1:23 p.m. UTC, March 26 the Master of an oil tanker reported being pursued by six skiffs in position 13.16.00 N - 042.57.00 E…
Konecranes Appoints Flynn as Executive VP
Ryan Flynn is returning to Konecranes Plc and he has been appointed Executive Vice President and Head of Business Area Equipment. Flynn will be a member of the Konecranes Group Executive Board and will report to Pekka Lundmark, President & CEO. Flynn will start in his new position on June 1, 2014. Ryan Flynn has held the position of Vice President, Strategy & Business Development at BlueScope Steel, Global Building Solutions since 2013.
Navy's Efforts Focus on A-P Region & Arabian Gulf Says CNO
By operating from forward locations, the Navy and Marine Corps provide President Barack Obama with options to deal promptly with global contingencies, Navy Adm. Jonathan W. Greenert, the chief of naval operations (CNO) explained during a hearing of the House Appropriations Committee's defense sub-committee, adding that Marine Corps Commandant Gen. James F. "As we conclude over a decade of wars and bring our ground forces home from extended stability operations…
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
