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US Exports to China to Rise amid Trade Talks, but Volumes are Capped
China has pledged to buy more U.S. goods to reduce America's huge trade deficit and help avoid exacerbating a trade war between the world's two biggest economies, with energy and commodities high on Washington's list of products for sale.The U.S. trade war with China is "on hold" after the governments agreed to drop tariff threats and work on a wider agreement, U.S. Treasury Secretary Steven Mnuchin said on Sunday.
Jeddah Mulls Safe and Secure Regional Waters
Signatory States to an agreement aimed at repressing piracy, armed robbery and illicit maritime activity in the western Indian Ocean and the Gulf of Aden Area have…
Diesel Tankers Turn to New York after Stocks Drop
Tankers carrying diesel from Asia and Europe, including a giant 200,000 tonne cargo, are sailing towards New York where fuel supplies have dropped to a three-year…
Oil Spill Response in Equatorial Guinea
Emergency preparedness and response in the oil and gas sector was at the core of a workshop held in Malabo, Equatorial Guinea (7-10 May). The aim of the workshop…
Buyers Seek US Waivers to Buy Iranian Oil amid New Sanctions
South Korea said on Wednesday it would seek U.S. exemptions to buy Iranian oil, a path many big oil consumers are likely to follow in the wake of new U.S. sanctions on Tehran, which will tighten world oil markets and push up prices.Iran is the third-largest oil producer in the Organization of the Petroleum Exporting Countries (OPEC) and a key supplier, especially to refiners in Asia.The United States…
Nigerian Migrants Sue Italy for Aiding Libyan Coast Guard
Nigerian migrants who survived a deadly sea crossing last year filed a lawsuit against Italy for violating their rights by supporting Libya’s efforts to return them to North Africa, their lawyers said on Tuesday.Seventeen plaintiffs petitioned the European Court of Human Rights last week, Violeta Moreno-Lax, a legal advisor for the Global Legal Action Network, told reporters. She was among four lawyers…
Thailand Emerges as an International Maritime Training Center
Since mid 2015 when MCA first approved a Thailand based seafarer training facility, that destination has experienced growth as a popular focus for both advanced seafarers and also entry level crew to complete STCW 2010 and the new updating STCW courses.Anthony Gould, CEO and major investor in Galileo Maritime Academy, said at the recent launch of their Survival Craft and Fast Rescue Boats training facility in Phuket…
DP World to Develop Egypt Port Terminal
A Memorandum of Understanding (MoU) agreed by DP World, Egypt’s Holding Company for Maritime and Land Transport and the Suez Canal Authority is aiming to develop…
OSV Scrapping Rates Up 153% YTD
As the severity of the offshore energy downturn has increased and the likelihood of older vessels returning to work begins to diminish, owners have slowly come round to the importance of scrapping these vessels. According to VesselsValue, U.S. owners might be leading the way.According to VesselsValue, an online valuation and market intelligence service for the maritime and offshore sectors, in this current period of downturn…
Kenyan Fishermen Win Millions for Loss of Rights to New Port
Activists hailed a Kenyan court for ordering that almost 5,000 fishermen at a 14th century World Heritage Site receive millions in compensation for the loss of traditional fishing rights due to the construction of a major port.The fishermen in Lamu, the oldest Swahili settlement in East Africa, won 1.76 billion shillings ($18 million) in compensation this week from a court in the nearby town of Malindi…
US Navy-owned Research Vessel Back in Action
Research vessel (R/V) Thomas G. Thompson (AGOR-23) has gained a new lease on life following a recently completed 18-month upgrade to improve operating systems, bolster its research capabilities and extend its working life for the U.S. Navy and scientific organizations.The Navy-owned vessel has been operated and maintained University of Washington since 1991, under a charter lease agreement with the…
Ethiopia Will Take a Stake of Port Sudan
Ethiopia and Sudan have agreed on a deal that will allow the Horn of Africa nation to take a stake of Port Sudan, Ethiopia's Foreign Ministry said on Thursday.The deal was reached on Thursday in Khartoum in a meeting between Ethiopia's Prime Minister Abiy Ahmed and Sudanese President Omar Hassan al-Bashir."The leaders of both countries agreed to develop Port Sudan together," said Meles Alem, spokesman of Ethiopia's Foreign Ministry.
Shearwater GeoServices Wins Contracts in West Africa
GC Rieber Shipping ASA's 50% owned geoservices company Shearwater GeoServices has been awarded a contract to acquire 3D seismic for Genel Energy in the Sidi Moussa license offshore Morocco.
Hapag-Lloyd Focuses on Africa
Hapag-Lloyd celebrated the official opening of its new office in Tema, the most important port city in Ghana. Beginning immediately, Hapag-Lloyd will manage all…
Flintstone Secures Contract for Tullow FPSO
Flintstone Technology Ltd said it has secured a contract with MODEC for its in-line tensioning and pull through connection mooring system to be deployed off West…
First Damen Fast Crew Supplier with Ampelmann Gangway
The partnership between Damen Shipyards Group and Ampelmann to extend the benefits of motion-compensated gangway systems to fast crew supply vessels has reached a major landmark.
LR to Class India’s First FSRU
Lloyd’s Register (LR) said it signed a contract to class the first ever floating storage regasification unit (FSRU) to be ordered for Indian waters.Due for delivery in December 2019, the new 180,000m³ FSRU will be built to LR’s Rules for the Classification of Offshore Units by South Korean shipbuilder Hyundai Heavy Industries (HHI) for SWAN LNG Pvt. Ltd. (SLPL). It will be stationed at Jafrabad port for 24h-hours-a-day operations…
L.A.T.C Marine to Install Two Ampelmann Systems
Ampelmann has secured two contracts with vessel owner L.A.T.C Marine Limited, on behalf of ExxonMobil, for the supply of two L-type gangway systems, offshore Nigeria.
Icebergs Could Float to the Rescue of Cape Town Water Crisis
Marine salvage experts are floating a plan to tug icebergs from Antarctica to South Africa's drought-hit Cape Town to help solve the region's worst water shortage in a century.Salvage master Nick Sloane told Reuters he was looking for government and private investors for a scheme to guide huge chunks of ice across the ocean, chop them into a slury and melt them down into millions of liters of drinking water."We want to show that if there is no other source to solve the water crisis…
Japan Funds Maritime Security Courses in Djibouti
The first in a series of regional maritime security courses, funded by the Government of Japan, has been held at the Djibouti Regional Training Centre (DRTC). During…
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
