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Solstad Wins AHTS Charter Deals from Total
French oil giant Total has awarded contracts to Norwegian shipping company Solstad Farstad for two large anchor handling tug supply (AHTS) vessels.The offshore serviceā¦
E. Africa Focus on Marine Environ Protection
International Maritime Organization (IMO) has been working with southern and eastern African countries to help implement marine environment protection measures containedā¦
Saudi Attacks, High Demand Leaves U.S. Short on Oil Tankers
A disruption in global oil flows following attacks on Saudi Arabian facilities has left U.S. crude exporters without enough tankers to cover rising demand for cargoes, traders and shipping sources said.Missile attacks last Saturday temporarily cut Saudi oil production by more than 5 million barrels per day, or about half the country's output.That set off a scramble for alternative cargoes of crudeā¦
Incat Crowther-Designed Flex Ferry 33X Sets Benchmark
Incat Crowther has announced the launch and delivery of Krotoa, the first Flex Ferry developed in conjunction with Penguin Shipyard. The Incat Crowther designed vessel has been delivered to South Africaās Robben Island Museum and takes its name from the famous prisonās first female political prisoner. It is the first of Penguin Shipyardās passenger ferry stock build program. The second vessel will be completed in the coming weeks.Carrying 285 passengersā¦
Boluda Tows Worldās Largest Container Ship
Tugs from Boluda Towage Spain, the towing division of Boluda Corporación Marítima, have recently towed the largest container ship in the world in and out of the port of Algeciras.Built this yearā¦
ION Wins 2D Multi-Client Gig Offshore West Africa
ION Geophysical Corporation, a technology focused company that provides geophysical technology, services and solutions to the global oil and gas industry, announcedā¦
LNGC Containment Market to Reach $16Bln By 2025
The global liquefied natural gas (LNG) carrier containment market was USD 11.21 billion in 2018 and is expected to reach around USD15.56 billion by 2025, growingā¦
Natural Gas to be 29% of Worldās Energy Supply by 2050
The global oil demand will peak in the mid-2020s and gas demand will keep rising to 2033, says DNV GL.Gas demand will then plateau, and the fuel will remain dominantā¦
Epic Gas Refinances Two LPG Tankers
Singapore-based gas carrier owner and operator Epic Gas has completed the refinancing of two 2010-built liquefied petroleum gas (LPG) tankers.The two ships ā theā¦
Marseille Fos to be 1st Electric Port in Med
The the main trade seaport of France, the Port of Marseille Fos has unveiled a new eco-friendly initiative that supports the port's goal of becoming the Mediterranean'sā¦
Grindrod Sells NWK Stake
South African freight and logistics company Grindrod signed an agreement to sell its 20.3% stake in grain services provider NWK to NWK Holdings for R204-millionā¦
Turkish Steel Giant in Logistics Pact with MOL
Japanese shipping giant Mitsui O.S.K. Lines (MOL) has signed a memorandum of agreement with Turkish steel producer Tosyali Holding A.S.A joint press release saidā¦
DP World Joins Chinese Firm for First Traders Market
The Dubai-based ports operator DP World announced a partnership with Zhejiang China Commodity City Group Company (CCC) to develop the āTraders Marketā in Jebel Aliā¦
MOL, Karpowership Announce KARMOL
Mitsui OSK Lines (MOL) and Turkish company Karadeniz Holding announced that MOL and Karpower International B.V. have agreed to jointly carry out the first LNG-toā¦
āIMO Accelerates SDG
International Maritime Organization (IMO) has delivered the latest in a series of initiatives designed to help put the maritime sector into the mainstream of plansā¦
Monjasa Acquires 5 Tankers for 2020 Supply
Global bunker company Monjasa Group has acquired full ownership of five tankers ahead of IMO2020."Monjasa secures five tankers with a total 37,500 deadweight andā¦
Somalia Finalises Shipping Code
Somalia has more than 3,300 km of coastline, the longest and perhaps the most geographically significant in the Horn of Africa, four main commercial seaports andā¦
Singapore Hosts Port Management Program
The largest cohort of 27 port masters, harbour masters and middle managers from maritime and port authorities from Africa, Asia, the Caribbean, Europe, Latin Americaā¦
BP Orders BOS 2600 Offshore Crane
Ship cranes manufacturer Liebherr-MCCtec Rostock GmbH together with China's Yantai CIMC Raffles Shipyard signed a contract concerning the delivery of a board offshore craneā¦
Privinvestās Deliveries to Mozambique: A Model for Africa
Media reports about Mozambiqueās failure to launch a fishing and security fleet and its subsequent $2 billion debt default seem destined to torpedo, or at least set back similar efforts to build needed coastal security and national fishing fleets across Africa. That must not happen.The systems and equipment Mozambique bought a few years ago from shipbuilder Privinvest could serve as a template forā¦
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
