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China to invest billions in Brazilian Port
China will make a billion-dollar investment in the Brazilian port of Sao Luis via China Communications Construction Company, two sources with direct knowledge ofā¦
DP World, Namibia's Nara Namib Sign MoU
Dubai based logistics giant DP World has signed a memorandum of understanding (MoU) to develop a free economic zone for industry and logistics in Namibia.The portā¦
Product Tanker Freight Rates Rebounds
Product tanker freight rates softened in the third quarter of 2019 but rebounded strongly at the start of the fourth quarter following an increase in crude tankerā¦
Monjasa Expands to Angola
Danish bunker company Monjasa announced the opening of its first office in Luanda, Angola, to support the West Africa oil and shipping activities.Monjasa startedā¦
IMO Workshop on Protecting Seas in Africa
Designating an International Maritime Organization (IMO) Particularly Sensitive Sea Area (PSSA) is a recognition that the identified area may be vulnerable to potentialā¦
Wes Amelie Retrofit for Synthetic Natural Gas
The technology group Wärtsilä, in collaboration with PSA Marine, has achieved a breakthrough in its IntelliTug project.Following the successful installation of a first-of-its-kind Dynamic Positioning (DP) system onboard the harbor tug āPSA Polarisā, trials are now being carried out in the Port of Singapore under real-world conditions. This phase of the project implementation, which has been approved by Lloydās Register, moves the bar higher on safety standards for vessel automation and autonomy.
GasLog Sees Tighter LNG Shipping Market
GasLog, an international owner, operator and manager of liquefied natural gas (LNG) carriers, is predicting a tighter LNG shipping market, as increasing United Statesā¦
Maersk Tests Containerized Battery System
Danish shipping giant Maersk will install a containerized 600 kWh marine battery system on board the 4,500 TEU Maersk Cape Town in December 2019 to improve vesselā¦
MOL Adds Southern Treasure to its Fleet
Japanese shipping company Mitsui O.S.K. Lines (MOL) has announced that the new scrubber-equipped wood chip carrier Southern Treasure has been delivered.The delivery ceremony for the 60ā¦
Pirates Kidnap Crew of MV Bonita
Pirates have kidnapped nine crew members from a Norwegian shipping vessel named the MV Bonita off the coast of Benin in West Africa.MV Bonita was anchored and awaitingā¦
Shearwater Bags Seismic Project Offshore S. Africa
The provider of geophysical marine seismic acquisition and processing services, Shearwater GeoServices has been given a conditional letter of award for a 2D seismicā¦
Pirates Kidnap Four from Greek Tanker
Pirates attacked a Greek oil tanker off the coast of Togo in the early hours of Monday and fled after taking four crew members as hostages, the West African nation's navy saidā¦
WISTA Re-elects Theodosiou as President
Womenās International Shipping and Trading Association (WISTA) announced that Despina Panayiotou Theodosiou (WISTA Cyprus), CEO of Tototheo Maritime, was re-electedā¦
US Eyes India for Quantum Leap in LPG Exports
Trump administration trade tariffs on China will need to cease and India will have to rely more on U.S. LPG supplies for the world to clear the quantum leap expected for U.S.
IMO Training in Nairobi
Placing maritime activity at the heart of national development plans in Africa will help deliver the Sustainable Development Goals, which is a key strategic direction for IMO.
Brazil Federal Police Investigate Greek Ship in Connection with Oil Spill
Brazil's federal police on Friday announced a potential breakthrough in the investigation into the causes of a mysterious oil spill that has baffled authoritiesā¦
INSIGHTS: Loy Stewart, Jr.
Loy Stewart, Jr. is President, Detyens Shipyards. He is a 1991 graduate of the U.S. Merchant Marine Academy in Kings Point where he earned a degree in Marine Engineering. After several months sailing on the Sealift Atlantic, Loy began working at Detyens as a Ship Superintendent and coordinated work on numerous commercial and navy contracts. In 1996, when the Detyens Shipyards were divided into separate profit centers, Loy Jr. was promoted to Profit Center Manager of the Wando facility.
OP/ED: Offshore Wind
Set to Soar, Taking Offshore Support Industry With it.Offshore energy development is opening a new front in the United States -- the Atlantic seaboard, with strong winds, a shallow continental shelf and a proximity to dense population centers is driving strong interest in offshore wind development. The offshore oil and gas supply chain stands to benefit in a big way from billions in coming investment. In fact, it is already playing a role.
West Africa Crude-Freight Rates Ease
Freight rates to Europe and Asia have continued to ease, albeit at a less rapid rate than during the middle of the month, boosting price offerings for West African grades, traders said on Monday. Rates for VLCCs from Nigeria's Bonny Light terminal to Singapore settled at $3.25 a barrel on Friday from highs just below $10 two weeks earlier, according to Refinitiv data, while for Rotterdam they easedā¦
Migrant Rescue Ship Seaks EU Help
An NGO which runs the Mediterranean rescue ship Ocean Viking, with 104 migrants onboard, called on European authorities on Monday to designate a safe disembarkationā¦
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
