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King Abdullah Port Inaugurated
Saudi Crown Prince, Deputy Premier and Defence Minister Prince Mohammed bin Salman bin Abdulaziz Al Saud inaugurated the King Abdullah Port in Rabigh.The Saudi Arabia’s…
Boat Made of Flip-flops Sails for Cleaner Seas
It was 6pm when an unusual rainbow-colored boat, made of recycled plastic waste and discarded flip-flops gathered from beaches and roadsides, dropped anchor off the beach at Mtwapa, near Kenya's coastal city of Mombasa.The 9-meter-long dhow, "The Flipflopi", was sailing south along East Africa's coast to raise awareness of the threat plastics pose to the oceans, said chief boat-builder and captain Ali Skanda.Beaches and marine ecosystems have been badly affected by plastics…
LNG Demand to Reach 600 MT in 2035
The energy demand would continue to grow driven by emerging economies and the projected growth in global population, which will touch nine billion by 2040.LNG demand…
10mln+ Cruise Passengers Visits Spanish Ports in 2018
For the first time in Spain's history the ports have welcomed over 10 million cruise ship passengers, reaching a higher level within the global cruise tourism context.According…
Telford Offshore Adds Seven Vessels
Dubai headquartered offshore service company Telford Offshore said it has acquired an additional DP3 pipelay and accommodation vessel, and six offshore support vessels following a legal settlement between Sea Trucks Group (STGL in liquidation) and West African Ventures (WAV).The acquisition nearly triples the Telford Offshore fleet, up from four vessels to 11.The DP3 vessel Jascon 30 is set to be dry…
Aker Solutions Revenues Up 8%
Aker Solutions reports Q4 2018 revenue of $813 million, an 8% rise compared to Q4 2017 powered by “significant international awards in a competitive, but improving market.” In total, order intake for the quarter was $615.6 million, leaving the company with an order backlog of more than $4 billion. Better still, looking forward the company sees “continued signs of a recovery in the global market” with…
Satcom Services by Telespazio, Grimaldi
European spaceflight services company Telespazio and the shipping company Grimaldi Group have recently signed two contracts to strengthen the satellite communications…
Spain Accedes to IMO Fishing Vessel Treaty
Spain has become the latest country to accede to the International Maritime Organization’s Cape Town Agreement on fishing vessel safety, significantly boosting the…
Focus on African Maritime Development
As part of its continuing efforts to help African countries improve the sustainability of their maritime sectors and their blue economies, International Maritime…
Empowering Women in the Maritime
The International Maritime Organization (IMO) has launched a new logo for its Women in Maritime programme, as part of its mission to support the United Nations Sustainable…
Interferry Confirms Future Conference Locations
Interferry has confirmed locations for the 2021 and 2022 editions of its industry-leading annual conference – held every October - in the latest initiative to extend its reach as the only organization representing the worldwide ferry industry. The global trade association’s 46th annual conference will take place in Santander, Spain, followed in 2022 by a twin-venue event in Marrakesh and Tangier, Morocco, which will mark a first for Interferry on the African continent.
Barcelona Claims to be Europe’s Fastest Growing Port
Spain's Port of Barcelona closed financial year 2018 with a 15% increase in container traffic and record results in the main traffic indicators.According to a press release…
Huawei Marine Upgrades WACS
Huawei Marine Networks, a global submarine network provider, announced completion of the West Africa Cable System (WACS) Upgrade II.A press release from the joint…
Norden Gets Sembcorp Contract
Danish shipping company Dampskibsselskabet Norden has signed a ten-year Panamax contract of affreightment (COA) with Indian utility firm Sembcorp Energy India.Commencing April 1…
38 Migrants Confirmed Dead Off Djibouti After Boats Capsize
More than 100 migrants are believed missing and 38 confirmed dead off the coast of Djibouti after two boats capsized, the U.N. migration agency said on Wednesday.The overcrowded boats…
Senegal Awards LNG, Oil Advisory Job to Doris Engineering
French engineering services provider Doris Engineering has been awarded an advisor contract by the Senegalese ministry of petroleum and energies for the development…
The Tanker Market: 2019 and Beyond
Late 2018 saw the tanker market bubble upwards through late November, with daily vessel hires moving in the direction of, though not yet reaching levels not seen since late 2014-2015, when oil prices were in freefall and inventories building to the brim. A few pundits have suggested that we are seeing a “mini 2014” where lowered oil prices are coaxing another inventory build which would drive tanker capacity utilization, and per diem freight inflows, higher.
BIMCO Calls for Global Co-operation to Counter Piracy
Turning the tide of piracy and attacks is not a difficult operation in terms of military and law enforcement, according to Jakob P. Larsen, BIMCO Head of Maritime Security.
BV Appoints Barrow as Vice President
Bureau Veritas has announced that it has appointed David Barrow as Vice-President for its Marine & Offshore South Asia Zone. He succeeds Kerem Kiper, who has already taken up the post of Vice-President, Middle-East, Africa and India.Based in Singapore, Barrow is responsible for leading the development and delivery of new activities and services for Marine & Offshore for the region. Alongside this,…
Monjasa Moves Bunker Tanker to Panama
Danish bunker group Monjasa has transferred a ship from West Africa to Panama, where it carried out its first fuel supply off the coast of Balboa."As part of a fleet reshuffle…