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DP World Reports 13.5% Container Volume Hike in Q3
DP World Limited handled 52.3 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in the first nine months of 2017, with…
Global Logistics to Reach $12 Trillion by 2025
The global logistics industry is expected to reach $12 trillion in value by 2025, recording a 6 percent CAGR over the period, says a research report. According to Wiseguyreports…
Bahri Reinforces Americas Commitment
Reinforcing its three-decade-long presence in North America, transportation and logistics firm Bahri took part in Breakbulk Americas, being held from October 17-19, in Houston. The Bahri booth at Breakbulk Americas was opened by Mr. Sultan bin Abdullah Al-Angari, Consul General of Saudi Arabia in Houston, during a ribbon-cutting ceremony on the first day of the annual event in the presence of Amal Al-Ruwaii…
Pirate Attacks Still a Major Concern -Sailors’ Society
Global piracy continues to be a concern in the Gulf of Guinea, Southeast Asia and Venezuela, according to statistics released yesterday by the International Chamber of Commerce’s International Maritime Bureau (IMB). In the first nine months of 2017, 121 incidents of piracy and armed robbery against ships were reported, including 92 vessels boarded with five hijackings, 11 attempted attacks and 13 vessels fired upon.
Semi-submersible Crane Vessel Hermod Retired
Heerema Marine Contractors said its semi-submersible crane vessel Hermod will retire at the end of this year after nearly 40 years of operational performance. Designed and constructed in the 1970s, Hermod and sister vessel Balder were the first semi-submersible crane vessels of their kind in the offshore construction industry. The semi-submersible concept was developed with the aim to extend the operability in the harsh North Sea environment and furthermore to deliver superior lifting capacity.
Total Reinforces its Exploration in West Africa
Total and the National Office of Petroleum of Guinea (ONAP) signed a Technical Evaluation Agreement to study deep and ultra deep offshore areas located off the coast of Guinea Conakry…
Operations Partially Resume at Port of Durban
Marine functions at South Africa’s largest port have partially resumed after severe weather halted operations and caused heavy damages at the port earlier this week.
Glencore Sees Record Oil Trading Volumes as Margins Shrink
Glencore looks set to cement its position as the world's second-largest oil trader as it tries to offset low volatility and tight margins with record volumes this year…
LNG Market to Reach USD 20.6 bln by 2025
The global liquid natural gas (LNG) market is expected to reach USD 20.6 billion by 2025, growing at a CAGR of 12.7%, Research and Markets reported. Rising focus…
CMA CGM: Indian Sub-continent Service Enhancement
To better respond to our customers’ needs in the dynamic East Africa market, CMA CGM will upgrade and broaden its service offering connecting India and Middle East Gulf to East Africa.
St Helena Line Seeks Buyer for Vessel
St Helena Line has announced that it is to withdraw the Passenger Cargo Royal Mail Ship St Helena from service in February 2018 and has appointed London ship broker…
EU Leads the Way with Ambitious Action for Cleaner and Safer Seas
At the ongoing EU-hosted Our Ocean conference in Malta (5-6 October), the European Union has committed to 36 tangible actions to foster healthier, cleaner, safer and more secure seas.
Empowering Maritime Women in East and Southern Africa
Promoting women's access to quality employment and senior management level within the maritime sector is a key priority for International Maritime Organization (IMO)'s…
DP World to Develop Logistics Plan for Mali
DP World Group Chairman and CEO, Sultan Ahmed Bin Sulayem, met with the President of Mali, Ibrahim Boubacar Keïta, last week to discuss a trade and logistics master…
DP World to Expand in African Market
DP World Group Chairman and CEO Sultan Ahmed Bin Sulayem has met with Senegalese President Macky Sall as part of a tour of West and North Africa to confirm development…
Brunswick, Mercury Marine to Aid Mercy Ships
When the Africa Mercy, the world’s largest private hospital ship, provides its next field service in Cameroon, Africa, it will do so with a new dive boat and several new Mercury Marine outboard engines for the ship’s dive and rescue operations thanks to a recent donation from Brunswick Corporation and its engine subsidiary, Mercury Marine. Mercy Ships is a global charity that offers free life-changing surgeries…
Statoil Charters ULCC to Hold Crude for Asia buyers
Oil storage is feasible with low freight rates, capital costs; backwardation pushes traders to churn oil faster from storage. Norway's Statoil ASA has chartered…
Topaz Signs with Orange for a Maritime Connect Solution
Dubai-based Topaz Energy and Marine has signed an agreement with Orange Business Services for a Maritime Connect solution that connects its fleet at sea and supports the corporate network. Topaz is an offshore support vessel company for the global energy industry. The Orange integrated communications platform increases the efficiency of the fleet, lowers cost and improves the onboard experience for crew.
Kalmar, MSC Pact for Container-Handling Equipment
Kalmar, part of Cargotec, is to continue its cooperation with Mediterranean Shipping Company (MSC) with a new order for container-handling equipment. The order,…
Warning on Hazards of Carrying Bauxite by Ship
A new warning that bauxite may become unstable when carried in bulk on a ship, potentially causing the vessel to capsize, has been issued by the International Maritime Organization (IMO).
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
