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VIDEO: Across the Ocean & Up the Mountain with Erden Eruc
Erden Eruc is a man on a ‘human-powered’ mission, a mission which Elliott Bay Design Group recently assisted with donated design services as he plans for the next leg of his “Six Summits Project.” Next up: a solo row across the Pacific Ocean, a bike ride to Tibet and climbing Mt. Everest.A Seattle resident, Erden Eruc’s solo circumnavigation by human power quest, which started as a quiet obsession in the late 1990s…
Konecranes Wins Chinese Order for Two Barge Cranes
In the first quarter of 2021, Jiangsu Zhenjiang Shipyard (Group) Co., Ltd. ordered two eco-efficient Konecranes Gottwald Model 8 Cranes on Barge. The cranes will be operated by Cosco Shipping Bulk Co. Ltd. (Cosco Bulk) off the coast of Guinea, Africa.Home to the world’s largest reserves of bauxite, the Guinean mining industry has been expanding. Cosco Bulk, a subsidiary of a world-leading shipping company…
Rolls-Royce Sells Bergen Engine Medium Speed Business for $180m
Rolls-Royce signed an agreement to sell the Bergen Engines medium speed gas and diesel engines business to TMH International, the international branch of TMH Group, for net proceeds of approximately $180 million.TMH Group, based in Russia, is an engineering company in rail transport technologies and the world’s fourth largest supplier of rail rolling stock. It offers a range of products and services…
Shipbuilder in Mozambique Debt Scandal Says It Made Payments to Now-President Nyusi
A Lebanese shipbuilder at the center of a $2 billion debt scandal in Mozambique said it made payments to its now-president and ruling party in 2014, but said these were legal campaign donations not bribes, according to a London court filing.Privinvest said payments made to President Filipe Nyusi in the run-up to his election and to the Frelimo party were allowed under Mozambican law, according to the Jan.
Swiss Passenger Vessel Serving as Vaccine 'Shot Ship' for Lakeside Towns
An 89-year-old passenger ship, out of commission due to the coronavirus pandemic, was repurposed on Tuesday as a COVID-19 vaccination center for thousands of residents from cities on Lake Constance.The 500-passenger MS Thurgau normally carries tourists and commuters between German and Swiss cities on Europe’s third-largest lake. In coming weeks it will serve as a floating inoculation hub for northern Swiss towns Romanshorn…
Analyzing Attacks at Sea: It's Not All Piracy
Pirate attacks against merchant ships off the African coast have been reported regularly over the past decade. And despite measures to suppress it, Somalia-based piracy remains a concern. On the other side of the continent, the Gulf of Guinea is now viewed as presenting a much more serious piracy problem.Last year a record 130 crew members were kidnapped in 22 separate incidents, according to the International Maritime Bureau.
Teresa Peacock Joins Dryad Global as Non-executive Director
Maritime security risk management firm Dryad Global announced Tuesday it has appointed Teresa Peacock as its first non-executive director.Peacock is currently managing director at maritime staffing and recruitment firm Spinnaker Global and a member of the Maritime UK’s Diversity Taskforce, a board member of the Women's International Shipping & Trading Association (WISTA UK) and a part of the All Party Parliamentary Group for Women and Work.
Why Are Pirates Attacking Ships in the Gulf of Guinea?
Pirates are stepping up attacks on ships in West Africa’s Gulf of Guinea, defying regional navies. On Saturday, pirates off Nigeria kidnapped 15 sailors from a Turkish container ship and killed one.Pirates in the Gulf of Guinea kidnapped 130 seafarers in 22 separate incidents last year, accounting for all but five of those seized at sea worldwide.Who are the pirates and why are the attacking?The pirates come from Nigeria’s turbulent Niger Delta, experts say.
Nigeria: Pirates Kill One, Kidnap 15 Sailors from Turkish Cargo Ship
Pirates off Nigeria's coast kidnapped 15 sailors from a Turkish container ship in the Gulf of Guinea on Saturday in a brazen and violent attack that was farther from shore than usual.One sailor was killed in the raid, an Azerbaijani citizen, while those kidnapped are from Turkey, according to the respective governments and a crew list seen by Reuters.Accounts from crew, family members and security…
Wagner Named Managing Director of SCHOTTEL Middle East
With effect from April 1, 2021, Dirk Wagner will take over as Managing Director at SCHOTTEL Middle East (SME) assuming the responsibilities of Andrew Bull, who will be leaving the company to pursue other interests outside of SCHOTTEL.Wagner has extensive experience and expertise in the area of ship propulsion. He joined SME when it was founded in 2011. Since then, he has been able to put this expertise…
Pandemic-Related Risks Top the List for 2021, says 10th Allianz Risk Barometer
Business interruption, pandemic outbreak and cyber incidents -- three separate but 'strongly interlinked' matters -- lead the pack as the top threats to maritime in 2021, according to the 10th Allianz survey on risk in the maritime sector.The maritime industry, on its best day, is fraught with risk, as people, machinery and the bulk of world trade regularly traverses some of the most perilous conditions on the planet.
LNG Carrier Bottleneck at Panama Canal Could Last Until March
Congestion delaying LNG shipments via the Panama Canal is expected to last through the peak demand winter months, traders close to the situation said, although the canal's regulator said it had made changes to speed up transit.The price of liquefied natural gas (LNG) and shipping rates have hit record highs because of the bottleneck, supply constraints and heavy demand from Asia, where freezing weather…
Maritime Security: Neo-colonialism in the Gulf of Guinea
Is neo-colonialism in the Gulf of Guinea the answer to West Africa’s maritime crime crisis?In October 2020, China’s transport ministry established an ad hoc workgroup to lay down precautionary measures for ships and seafarers passing through high piracy risk West African waters.The move came as China told its vessels to up vigilance and implement a series of precautionary measures to ensure the security…
Gambia Seizes Huge Cocaine Haul from Shipping Container
Gambian authorities seized nearly three tonnes of cocaine from a shipment of industrial salt originating in Ecuador, a spokesman said on Friday, in one of the largest ever busts in West Africa.The 118 bags of cocaine were discovered on Thursday during a search of a container shipped from the port of Guayaquil in Ecuador and through Algeciras in Spain, said Ousman Saidybah, a spokesman for Gambia’s drug enforcement agency.It was not clear where the cocaine was ultimately headed.
In Sub-Saharan Africa's First, Ghana Takes Delivery of Offshore LNG Terminal
Ghana has taken delivery of sub-Saharan Africa's first offshore receiving terminal for liquefied natural gas (LNG), allowing it to start delivering LNG to customers in the first quarter of this year, the terminal's operator said.Tema LNG, which is backed by UK-based Helios Investment Partners, said in a statement that a floating regasification unit (FRU) built by a subsidiary of China State Shipbuilding…
Damen Repairs Seven CMA CGM Containerships
Damen Shiprepair and Conversion (DSC) said it is wrapping up a ship repair and maintenance program involving seven vessels owned by French shipping and logistics giant CMA CGM. The projects took place at Damen Shiprepair Amsterdam (DSAm) in the Netherlands and Damen Shiprepair Dunkerque (DSDu) in France, with the last vessel scheduled to leave DSDu later this monthIn a continuous operation running between June and August…
Boskalis Buys Rever Offshore's Subsea Services Business
Dutch marine contractor Boskalis on Monday acquired all the shares of Rever Offshore’s subsea services business.Rever, formerly known as Bibby Offshore, provides solutions in the area of subsea construction, inspection, repair, and maintenance. The company has operated in the North Sea out of Aberdeen, United Kingdom.Through this transaction, Boskalis will acquire two diving support vessels of which one is fully owned (Rever Polaris) and a second chartered (Rever Topaz).
Sherrard Enhances Squire Patton Boggs Commodities and Shipping Capabilities
Squire Patton Boggs continued the expansion of its commodities and shipping capabilities with the addition of partner Kate Sherrard into its Financial Services Practice. She joins the firm from Clifford Chance where she was Head of the Asia Pacific Maritime and Offshore Group and is accompanied by senior associate Bernice Chia.“When we launched our commodities and shipping group last year we set our sights on creating one of the premier practices in the market…
DP World to Build $1.1B Deep-water Port in Senegal
Global port operator DP World has signed agreements with the government of Senegal to develop a deep-water port at Ndayane worth a total of $1.127 billion, its biggest investment in Africa to date, the company said on Wednesday.DP World Dakar, a joint venture between the Dubai-based logistics provider and the Port Authority of Dakar (PAD), will finance, design and develop land and maritime infrastructure for the new 600-hectare (1483 acres) port about 50 km from the existing port.The agreement t
Company in Focus: ShipMoney Helps to Enable Efficient Seafarer Pay
Stuart Ostrow developed ShipMoney as a means to make the process of paying crew more efficient and cost-effective for both vessel owner/operators and the crew. Little did he realize then that his company would be instrumental in helping seafarers during their greatest time of crisis.Stuart, to start, how did you come create ShipMoney and get into a career in the maritime business?I'm the definition of an accidental salesman.
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
