Africa
IUMI: Ship Records Should Be Passed On to New Owners
The International Union of Marine Insurance (IUMI) is calling for vessel owners and technical managers to make records available that provide important information on the condition of the ship and its machinery when a ship changes owner. “The current trend to remove these records has the potential t
Eni CEO: We’ll help Cyprus develop its energy potential
Gas found in Cyprus could be transferred to Europe through Eni’s facility in Egypt. That possibility was brought up Thursday during a meeting in Nicosia between Cypriot president and the Italian oil and gas company’s CEO. During his meeting with president Nicos Anastasiades, Eni’s Claudio Descalzi s
Nigeria’s Oil Ban Lifted
Nigeria’s national oil company NNPC has lifted the ban on 113 tankers imposed in July, according to a letter released by the corporation on September 8th, Reuters reports. According to the NNPC letter, also seen by Platts, the president had approved the consideration of all incoming ships into the N
Nigeria’s Oil Ban Lifted
Nigeria’s national oil company NNPC has lifted the ban on 113 tankers imposed in July, according to a letter released by the corporation on September 8th, Reuters reports. According to the NNPC letter, also seen by Platts, the president had approved the consideration of all incoming ships into the N
Egypt’s new gas discovery: Opportunities and Challenges
After a tough year, the Egyptian government recently received some good news. Italy’s ENI announced that it has discovered the “largest ever” offshore natural gas field in the Mediterranean off the Egyptian coast.
ITF: MLC Non-Compliance Increasing, Unpaid Wages Biggest Problem
A four percent increase or 371 more vessels have been found to be in breach of the Maritime Labour Convention (MLC) in 2014 when compared to the numbers recorded the year before, the International Transport Workers’ Federation maritime coordinator Jacqueline Smith said in a speech at the Internation
ITF: MLC Non-Compliance Increasing, Unpaid Wages Biggest Problem
A four percent increase or 371 more vessels have been found to be in breach of the Maritime Labour Convention (MLC) in 2014 when compared to the numbers recorded the year before, the International Transport Workers’ Federation maritime coordinator Jacqueline Smith said in a speech at the Internation
Alphaliner: Demand Keeps Boxship Oldtimers away from Breaking Yards
Steady demand in the second hand market has saved some of the older container ships from the breaking yard, including tonnage initially intended to be sold to scrap buyers, but eventually acquired for further trading as the charter market staged a mini recovery earlier this year, according to shippi
Alphaliner: Demand Keeps Boxship Oldtimers away from Breaking Yards
Steady demand in the second hand market has saved some of the older container ships from the breaking yard, including tonnage initially intended to be sold to scrap buyers, but eventually acquired for further trading as the charter market staged a mini recovery earlier this year, according to shippi
Oil prices fall as Asia’s leading economies slow further
Oil prices fell on Thursday as weak Japanese and Chinese economic data fuelled concerns that growth could be grinding to a halt.
EMSA launches LNG bunkering study
The European Maritime Safety Agency (EMSA) has launched an invitation to tender for a new study to assess the LNG bunkering facilities in the Mediterranean and Eastern partner countries, which are beneficiaries of the SAFEMED and TRACECA projects. The tender aims to provide SAFEMED and TRACECA benef
IMCA names Subsea 7 man as CEO
The International Marine Contractors Association (IMCA) has appointed new Chief Executive who will be joining on October 1, 2015. Allen Leatt will be the new Chief Executive, coming from Subsea 7, where he has been Senior VP for Engineering and Project Management. Leatt said: “I am delighted to be j