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OSM Looks to Boost Mozambique Maritime Education
OSM Maritime Group says it is aiming to make the shipping industry accessible to all as part of its involvement in the UN Global Compact (UNGC) initiative. The ship management company,has signed a MOU to re-launch the Mozambican Higher School of Nautical Sciences. It is also actively working to increase the number of females in its global pool of 11,000 qualified seafarers. OSM is one of the first companies in the ship management segment to join the UNGC.
Ocean Rig Signs New Drilling Contract with Tullow Namibia
Ocean Rig UDW, an international contractor of offshore deepwater drilling services, today announced that it has signed a new drilling contract with Tullow Namibiaā¦
Damen to Deliver Three Patrol Vessels for South Africa
Damen Shipyards Cape Town (DSCT) said it has received an order from Armscor ā the acquisition agency for the South African Department of Defense ā for three Inshore Patrol Vessels (IPV), 62 x 11 meters. The new vessels ā the first of a Damen Sea Axe design to operate in South Africa ā will form part of the South African Navyās Project Biro. The project aims to develop South Africaās maritime securityā¦
UAE to the Rescue of DP Worldās Container Terminal in Djibouti
The United Arab Emirates (UAE) condemned Djiboutiās cancellation of DP Worldās contract to run the Doraleh Container Terminal, calling it an āarbitraryā flouting of a signed agreementā¦
Mediterranean Shipping Company Cleans Up Durban Cargo Spill
When a freak storm hit the Port of Durban on 10 October 2017, two cargo containers holding plastic nurdles were dislodged from the deck of an MSC Mediterranean Shippingā¦
SeaBird Exploration Bags Contract in West Africa
Cyprus-based provider of marine 2D and 3D seismic data and associated products and services to the oil and gas industry, SeaBird Exploration has signed an agreementā¦
Chinese Trawlers Travel Farthest and Fish the Most
China has the worldās largest and farthest-ranging fishing operation, outstripping the next 10 biggest combined, according to what researchers say is the most comprehensive and data-intensive study on the subject. Ships from China amassed approximately 17 million hours of fishing in 2016, mostly off the southern coast of their home country, but also as far away as Africa and South America. The next-biggest operation is Taiwanās, with 2.2 million hours of fishing.
Pirates Attack Chemical Tanker off Somalia
Suspected Somali pirates attacked a Singaporean-flagged chemical tanker on Friday but were repelled by guards on board, the European Union's Naval force said, the first such incident in several months. EU Navfor said in a statement the 50,000 metric tonne MT Leopard Sun was sailing from Sohar in Oman to Cape Town, South Africa, when it was attacked by two skiffs 160 nautical miles (295 km) off the coast of Somalia.
Hyundai Heavy Bags LPG Storage Tank Deal in Nigeria
Hyundai Heavy said it plans to start to build the tanks in May and is set to deliver the tanks to Nigeria's Dangote Oil Refining Company, Africa's largest refinery, beginning in April 2019.
Container Fleets & Demand Growing in Step -BIMCO
For 2018, the world containership fleet is expected to grow in step with global demand, according to BIMCOās latest container shipping market outlook. Having experienced falling freight rates from August to year-end in 2017, most liner companies were successful in pushing rates higher in early January 2018. Most of them managed to hold onto most of the gains they achieved, considering October and November were challenging in terms of very low demand growth.
Chinese Warships Enter East Indian Ocean
Eleven Chinese warships sailed into the East Indian Ocean this month, a Chinese news portal said, amid a constitutional crisis in the tiny tropical island chainā¦
China, not Trump, Drives U.S. Coal Revival
If China does seek a way to retaliate against U.S. proposals to impose import curbs on steel and aluminium, then targeting President Donald Trump's favoured coal would be tempting.
Nor-Shipping Partners with āLifesaverā Mercy Ships
Leading maritime event week Nor-Shipping has announced that Mercy Ships has been selected as its new charity partner. The global organisation, which celebrates its 40th anniversary this yearā¦
Northern Offshore Sells Semi-Sub
Northern Offshore announces it has sold its semisubmersible Energy Driller to an unnamed party for conversion to alternative use. The unit had previously been coldā¦
Global Seaborne LPG Volumes Grow: Epic Gas
Global seaborne LPG volumes saw continued growth in 2017 reaching 91.9 million tonnes, 4.3% higher than the 88.1 million tonnes shipped in 2016, says Epic Gas. Epicā¦
Telford Offshore: A New Offshore Services Provider
Thereās a new name in the global oil and gas industry: Telford Offshore, which officially launched today after acquiring four vessels from Sea Trucks Group following its liquidation. The newly formed contracting company acquired four DP3 multipurpose offshore construction vessels which can support multiple activities, focusing on high capacity accommodation combined with lifting, fabrication and installation services.
Asia's Soaring Gas Demand Beckons New LNG Projects
Global LNG imports rose by 20 percent in 2017; new demand emerges across South, Southeast Asia. Soaring gas demand from China, India and Southeast Asia is suckingā¦
Three Dead After Refugee Boat Capsizes Near Turkey
Three people died and four were missing on Tuesday after a refugee boat carrying eight people capsized in a river that flows between Turkey and Greece, a spokeswomanā¦
BIMCO: China Breaks New Groundā¦ Again
Chinese seaborne imports of iron ore, coal and crude oil have all grown strongly throughout 2017. Both seaborne imports of crude oil and iron ore have reached the highest levels ever recordedā¦
CMA CGM Improves SAMWAF Service
CMA CGM announced the port coverage improvement of its SAMWAF service connecting Brazil and Plata area to West Africa and South Africa strategic markets, in theā¦