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Stena Imagination Named in Dubai
The MR tanker Stena Imagination was named in the Port Rashid Terminal in the heart of Dubai. According to Erik Hånell, President & CEO of Stena Bulk and CEO of Stena Weco, “Naming the Stena Imagination in Dubai is very much a strategic choice. Stena Bulk recently opened an office here together with Stena Weco and Golden Stena Weco. We already had a presence in the market in the region but wanted to get even closer to our customers.
DNV GL Advisor for 3 New UK Wind Farms
DNV GL, the world’s largest resource of independent energy experts and certification body, has advised renowned lenders, including Santander, on their GBP 210 million…
South Africa Minister Delays Signing Energy Deals
South Africa's newly appointed energy minister Mmamoloko Kubayi has postponed the signing of agreements between state-run power utility Eskom and renewable energy Independent Power Producers (IPPs)…
Shark Fins Found Aboard Chinese Vessels
Shark fins have been discovered on two Chinese fishing vessels during a joint surveillance conducted by Greenpeace and Guinean fishery authorities. One of the vessels…
CMA CGM Improves Canada to West Africa Service
CMA CGM announced a significant improvement of its product from Montreal, Canada to Africa West Coast strategic markets. Starting May 6th, 2017 with the opening of the new service Med Canada…
Somali Pirates Flee Hijacked Dhow, Taking Crew
Somali security forces rescued a hijacked Indian cargo dhow on Monday, but pirates took the 11-member crew with them when they fled to land, authorities said. The…
Capesize Rates Further Impacted by Cyclone Debbie
Coal shipments from eastern Australia could stop for 3-4 weeks. Freight rates for large capesize dry cargo vessels on key Asian routes, which fell to multi-week lows this week…
Asia Tankers-VLCC Rates to Climb as Asian Refiners Restock
Rates to climb to around W65 from MidEast to Asia; W70 from West Africa. Freight rates for very large crude carriers (VLCCs) are set to rise further as Asian refiners…
CMA CGM Strengthening EURAF 5 Services
CMA CGM has announced the strengthening of its position on Europe > West Africa route by becoming vessel operator on its current service EURAF 5. Effective April 5th…
One Migrant Found Dead as 1,350 Rescued in Mediterranean
Italy's Coast Guard and humanitarian ships rescued 1,350 migrants in 12 separate operations in the Mediterranean on Thursday and one person was found dead. The migrants…
Traders Sending European Gasoline Across Big Pond
More than half a million tonnes booked Europe-U.S.; more bookings could follow in May. Traders are shipping more gasoline from Europe to the U.S. East Coast ahead…
Humanitarian Ships Rescue Hundreds in Mediterranean
Humanitarian groups operating rescue ships off the coast of Libya picked up more than 700 migrants out of seven flimsy and overcrowded boats on Wednesday, Italy's coast guard said.
Seized Indian Vessel Moved to Undisclosed Location
Pirates who hijacked an Indian cargo dhow with 11 crew on board have moved the vessel to an undisclosed location within Galmudug waters off the Somali coast until their ransom demands are met…
Multi-million Dollar Deal for Somaliland's Historic Port Sparks Land Rush
The land along the road into Berbera is barren and empty. Somaliland's small, rusty Gulf of Aden port which for centuries made the town prosperous rises suddenly…
India's Box Trade to Grow Double Digits: Maersk
Maersk Line said that the growth of EXIM container trade of India in the current year is likely to be in two digits. The export-import container trade volume of…
Asia Tankers-VLCC to Stabilise as Owners Stand Firm
40 MidEast VLCC cargoes fixed for early April loading. Freight rates for very large crude carriers (VLCCs), which have fallen to six-month lows, are likely to hold…
New LNG Tanker Forges Path for Arctic Shipping
An ice-breaking tanker docked for the first time at Russia's Arctic port of Sabetta to test a new route that could open the ice-bound Arctic Ocean to ships carrying oil and liquefied gas. The route is eagerly anticipated by energy firms that want to develop resources in the Arctic but face obstacles in getting oil and gas from remote and freezing fields to world markets. Environmental activists fear…
Maintenance Dredging Underway at Port of Cape Town
Transnet National Ports Authority (TNPA)’s Dredging Services division has embarked on a $ 1.1 million maintenance dredging campaign at the Port of Cape Town to restore the design depths inside Duncan dock. The maintenance campaign, which began on March 8, 2017, is scheduled for completion by the end April 2017. The main objective of the dredging campaign is to ensure the Port of Cape Town provides…
Working for Africa
International Maritime Organization (IMO) has contributed to the latest meeting of United Nations bodies working in Africa – the RCM-Africa forum. The forum, which held its 18th session in Dakar…
Navy's Top Officer Visits Naval Station Rota
Chief of Naval Operations (CNO) Adm. John Richardson and Master Chief Petty Officer of the Navy (MCPON) Steven Giordano visited Naval Station Rota, March 27 and 28.
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
