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2017-2021 Tanker Market Outlook: McQuilling
McQuilling Services has released its 20th Anniversary Edition 2017-2021 Tanker Market Outlook. This 200-page report provides a five-year spot and time charter equivalent…
Global Oil Demand to Grow into 2040s
Global oil demand will keep growing into the 2040s due to higher consumption of plastic goods even as the electric vehicle fleet expands rapidly and technology revolutionises transport…
School of Shipping, INTTRA Team up to Enhance Students' Readiness
South Africa-based School of Shipping, which offers adults an education in maritime studies specifically relating to importing and exporting, and INTTRA, the world's…
FSDEA to Invest in Port Infrastructure
The Fundo Soberano de Angola (FSDEA) Angola’s sovereign wealth fund, today announced that it has committed to invest $180 million in a strategic deep sea port in Angola.
Eimskip Acquires Mareco in Belgium
Eimskip has strengthened its position in worldwide reefer logistics services by acquiring 80% of the forwarding company Mareco N.V. The company was founded in 2002…
Asia Tankers-VLCC Rates Likely to Slide
Chartering activity could slow down in March due to refinery work; growth in tanker fleet could climb 6.5 pct, pressuring rates. Freight rates for very large crude…
Kalmar Bags DP World's Container Handlers Order
Kalmar, part of Cargotec, has been awarded an order to supply DP World's flagship terminal, Jebel Ali Port in Dubai, with the new generation empty container handlers.
Asia Dry Bulk-Capesize Rates to Hold Steady
Brazil-China rates hit 15-month high for second time this year. Freight rates for large capesize dry cargo ships on key Asian routes could hold steady or slip slightly…
Living Life Aboard a Floating Hospital
The author, 14-year-old Caleb Biney, is one of 39 Kid Reporters in the Scholastic News Kids Press Corps. He reports “news for kids, by kids” from onboard Mercy Ships in Africa. My parents volunteer for Mercy Ships. Founded in 1978 by Don and Deyon Stephens of Lindale, Texas, the organization utilizes hospital ships to serve people in West Africa. Vessels provide clean water, electricity, and free surgical care to people living in poverty.
Worldwide Ferry Safety Association 2017 Conference
“2017 may be the global breakout year for ferries,” says Dr. Roberta Weisbrod, Chief Executive of the Worldwide Ferry Safety Association (WFSA). She takes this viewpoint because of the tremendous expansion of ferries in India, Philippines, Thailand, new beginnings in West Africa, and the high profile expansion of the Citywide ferry service in New York City, where the WFSA’s third conference on International Ferry Safety and Technology conference will be held on May 11-12, 2017.
Africa, Asia Join Efforts for Anti-Piracy Information Sharing
A meeting in Singapore (11-12 January) has seen African and Asian countries join efforts to promote greater networking and communications across anti-piracy contact points in the two continents.
Castor Networks Acquires Watum Solutions
Castor Networks has acquired Watum Solutions effective immediately, a prominent supplier of IT networks and satellite communication for the shipping and offshore industry. Watum Solutions is specialized in designing, installing and maintaining IT and VSAT systems on board of commercial vessels, offshore vessels and drilling platforms and is active in Europe, Africa, the Mexican Gulf, the Caribbean Sea and the Middle-East.
Cyberhawk shortlisted for Offshore Achievement Awards
Cyberhawk Innovations is delighted to be recognised as a finalist at the 2017 Offshore Achievement Awards for the categories Safety Innovation and Export Achievement.
Mediterranean Migrant Arrivals Reach 1,159; Deaths at Sea:27
Switzerland - International organization for migration (IOM) reports that 1,159 migrants and refugees entered Europe by sea in 2017, through 12 January, arriving mostly in Greece and Italy…
Royal IHC wins multiple contracts for Dredgers
In the last two months of 2016, IHC saw a substantial increase in the sale of its vessels, equipment and engineering packages. Almost half of the total order intake…
MIDAS Service Rotation Change
CMA CGM announced and amendment to the port rotation of its MIDAS service. Luanda served via Durban with Samwaf service: Luanda is reached from Mundra in 26 days…
Asia Tankers-VLCC Rates to Hold Steady
Unipec charters 20 VLCCs for West Africa, MidEast cargoes; China's oil demand to climb 3.4 pct this year - CNPC. Freight rates for very large crude carriers (VLCCs)…
Africa in focus at Nor-Shipping 2017
African economies are growing, and becoming more connected to the world economy than ever before. Still, many companies have not discovered the great business opportunities on offer in Africa.
Maritime Piracy Drops But Kidnappings Rise
Sea piracy plunged to its lowest levels in 18 years in 2016, but kidnappings of crew members for ransom is escalating off west Africa and in the Sulu Seas near the…
Freezing Med Attracts Unusual Diesel Cargoes
Tankers diverted in mid-Atlantic to Med; in rare arbitrage, cargoes from Europe into Med. At least one tanker carrying diesel en route to New York has been diverted…