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MPA Academy Trains Over 110 Global Maritime Leaders
The Maritime and Port Authority of Singapore’s (MPA) training arm, the MPA Academy (MPAA) and the Nanyang Technological University (NTU), jointly organised the 6th MPLP from 3 to 7 October 2016…
Choke Points are Flash Points
The world is closely watching several contentious flash points that have potential to ignite. The behavior and rhetoric of China and Russia regarding vital shipping lanes in international waters have been alarming. Disputed sovereignty claims and efforts to enforce them have the maritime world on edge. China’s nine-dash line claims about owning the entire East and South China Sea have created a dilemma for themselves and the other nations in the region. The Philippines v.
6Sigma Named a HydroComp Representative
HydroComp, Inc. announced 6Sigma Naval Architects of Capetown, South Africa as its new representative. 6Sigma Naval Architects & Offshore Engineering Pty Ltd, Cape Town…
Asia Tankers-VLCC Rates Soar on West Africa, MidEast Liftings
VLCC earnings double in a week. End of force majeure in Nigeria buoys cargo volumes. Freight rates for very large crude carriers (VLCCs) are set to rise further next week…
Container Shippers Raided in S.Africa over Suspected Collusion
Six of the world's biggest container shipping companies were raided by South African authorities on Wednesday on suspicion of colluding to inflate rates between Asia and South Africa, the country's Competition Commission said. The development comes as global container lines struggle in the worst-ever market conditions, caused by a glut of ships and slowing global trade, which has battered earnings and forced at least one out of business.
COSCO Ports Arm Inks Terminal Deal in Abu Dhabi
Abu Dhabi Ports has signed a container terminal concession agreement with COSCO SHIPPING Ports Limited - Abu Dhabi (CSPL SPV), a wholly-owned subsidiary of container terminal operator COSCO SHIPPING Ports Limited, a subsidiary of China COSCO SHIPPING Corporation Limited. The event was held in the presence of His Excellency Dr. Sultan Ahmed Al Jaber, the UAE Minister of State and Chairman of Abu Dhabi Ports…
South Africa Raids Boxship Operator's Offices
Six of the world's biggest container shipping companies were raided by South African authorities on Wednesday on suspicion of colluding to inflate rates between Asia and South Africa…
VLCC Rates Under Pressure in Oversupplied Market
Owners face difficulty raising rates due to discounted ships. Freight rates for very large crude carriers (VLCCs) are likely to remain under pressure next week as…
IMO Joins Kenya’s World Maritime Day Celebrations
Kenya has marked this year’s WorldMaritimeDay with celebrations held in Mombasa, Kenya (20 September). International Maritime Organization (IMO)’s Juvenal Shiundu…
Pirates Attack, Loot Container Ship
Pirates stormed a container ship off the coast of Guinea on Wednesday, making off with money and some of its cargo but leaving the crew unharmed, the government said. They fired guns and briefly held the crew hostage while they were looting the ship named Wendok, Guinea government spokesman Albert Camara said by telephone. He did not have details of the flag Wendok was flying under, the company running it, what its cargo was nor the nationalities of the crew.
CMA CGM sees Opportunity in Hanjin collapse
CMA CGM will look at opportunities in container shipping triggered by the collapse of South Korea's Hanjin Shipping, the French group's vice chairman said on Tuesday.
$100M Tug Contract: Fourth Boat Delivered in South Africa
Transnet National Ports Authority (TNPA) is on track with its $100m tug building contract and celebrated the ceremonial launch of the fourth of its nine new tugs being built in Durban. The tug – named OSPREY in honor of the fish eagle – will serve at the Port of Saldanha. In line with maritime tradition, the duty of officially naming the vessel was carried out by Lady Sponsor, Thandeka Mabija, who earlier this month was appointed General Manager for Human Resources at TNPA.
Terex Floating Cranes for Open Sea Get Approval
Terex Port Solutions (TPS) has obtained design approval for Terex Gottwald Model 8 floating cranes in the G HPK 8200 B four-rope grab variant operated on the open sea.
Marine Premiums Drop 10%, Could get Worse
The International Union of Marine Insurance – unveiling its annual statistical report on the marine insurance market at today’s conference in Genova, announced global…
Freight Rates in Europe-ECSA Trade Continue Declines
Container volumes from North Europe and the Mediterranean to the East Coast of South America have now fallen in 26 of the previous 28 months, with the latest statistics…
Asia Tankers-VLCC Rates to Climb on More MidEast, West Africa Liftings
VLCC rates from MidEast have reached a floor at W33; surging Suezmax rates could make VLCCs more attractive. Freight rates for very large crude carriers (VLCCs)…
Britain: EU Mission Should Turn Back Migrant Boats
A European Union naval force deployed in the Mediterranean should turn back migrant boats after they leave Libya and prevent them from reaching Italy, British Foreign…
Kipevu Oil Terminal to Be Relocated
The Kipevu Oil Terminal at Mombasa Port will be relocated early next year, to Dongo Kundu area, as a result of the ongoing capacity expansion program, the Kenya Ports Authority announced.
BMT, Maersk Partner for Online Vessel Inspection
BMT Group subsidiary BMT Surveys has partnered with Maersk to develop an online Marine Application for survey, Trend Evaluation and reporting (MATE) platform, which provides real-time data on the condition of vessels and changes in that condition over time. As part of Maersk’s inspection program, BMT carries out more than 100 vessel inspections a year providing a vessel scoring system on areas including: cargo care…
Vigor Delivers Two Pilot boats to M.E.
Vigor expanded its growing portfolio of international sales with the delivery of two, 19m all-weather pilot boats to The Port of Duqm Company (PDC), SAOC, Sultanate of Oman.
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
