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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 sucking…
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 spokeswoman…
BIMCO: China Breaks New Ground… 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 recorded…
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 the…
DNV GL Lends Support to Walney 3 Offshore Wind Project
DNV GL has secured a role as technical advisor to a group of institutional lenders with their investment of the 659MW Walney Extension. Located off the coast of…
Big Oil Takes Stage for Post-austerity Beauty Contest
With years of austerity in their rear-view mirrors, the world's biggest oil companies are locked in a beauty contest to lure investors with promises of growth and greater rewards. Royal Dutch Shell and Total are emerging as frontrunners after a three-year slump thanks to strong growth projections but Exxon Mobil, the biggest publicly traded oil company, has largely disappointed with a weaker outlook.
Sonatrach Eyes More Vessels to Boost Asia Gas Sales
Algeria will acquire more vessels to transport gas to Asia as it eyes increased sales in that region, the chief executive of state energy firm Sonatrach said on Monday. "With Russia and the U.S., gas competition is tough," Abdelmoumen Ould Kaddour told reporters during a visit to the Hassi Messaoud oilfield. He gave no details. Kaddour also said Sonatrach's oil drilling in Algeria's southern neighbour Niger…
Salalah Port Expanding Services for 2018
The Port of Salalah completed its first ship to ship transfer operation (STST) at Salalah anchorage recently as part of the port’s expanding service offering in 2018.
Samsung Heavy Industries Bags USD 91.47mln Newbuild Order
Samsung Heavy Industries (SHI) swept 1 trillion KRW (USD 91.47mln) worth orders, including an order from an Asian owner to build eight 12,000TEU containerships for around 820 billion KRW.
Pacific International Lines Start Service in Far East - Red Sea Routes
Pacific International Lines (PIL), Singapore’s leading containership operator, announces two upgraded weekly services on the Far East – Red Sea service route. Done…
Rare Suezmax Gasoline Cargo Sails to West Africa
Nigeria's push to keep its citizens stocked with fuel is drawing close to a million tonnes a month of gasoline from Europe - including now on a rare Suezmax vessel booked by Vitol.
DP World Reports Record Volume Growth
Dubai-based terminal operator DP World has reported record container volumes of 70.1 million TEU (twenty-foot equivalent units) for 2017, a jump of 10.1 percent year-on-year.
CMA CGM Adjusts EURAF 5 Service
The CMA CGM Group announced it is reinforcing its service from Europe to West Africa through a new call at Kribi (Cameroon) and shortened transit times from North Europe on its EURAF 5 service.
Hapag-Lloyd Opens Ghana Office
German-based Hapag-Lloyd opened a new office in the Ghana port city Tema, on February 1, 2018. Effective immediately, the company will be represented at the local…
Pirates Free Tanker, Crew in Gulf of Guinea
Pirates freed a ship carrying 22 Indian crew and 13,500 tonnes of gasoline on Tuesday, Hong Kong-based Anglo-Eastern, which was managing the ship, said in a statement.
Oil Tanker with 22 Crew Missing in Gulf of Guinea
A ship carrying 22 Indian crew and 13,500 tons of gasoline is missing in the Gulf of Guinea after contact was lost in Benin on Friday, the company and India's minister…
IMO Help for African Maritime Security
As part of its continuing efforts to help African countries improve their maritime security capabilities, International Maritime Organization (IMO) frequently works…
Migrant Crisis: New EU Sea Mission Launched
The European Union’s border agency Frontex launched a new Mediterranean operation called Themis on Thursday, removing the obligation of the previous mission to bring rescued migrants only to Italy.
Migrant Boat Capsizes off Libya, Dozens Feared Dead
Most on board boat believed to be Pakistanis;ten bodies so far recovered, three survivors found. An estimated 90 migrants are feared to have drowned off the coast…
Essar UK to Buy More US Crude in 2018
Essar UK, one of Britain's biggest oil refiners, will buy more U.S. crude this year after testing it last year, showing how rising output from the United States is squeezing out traditional European suppliers from the North Sea and Africa. Essar took at least three cargoes U.S. crude in 2017 for its 200,000 barrel-per-day (bpd) Stanlow oil refinery. "We will continue to take U.S. cargoes because we find value in them…
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
