Africa
Chartering of LNG Shipping Weakens Further in Q2
The market for chartering of LNG shipping deteriorated further during the second quarter of 2015, Golar LNG said in its second quarter business results. As explained, chartering activity and rates both remained low for much of April and May. During the latter half of May and into June the number of
Chartering of LNG Shipping Weakens Further in Q2
The market for chartering of LNG shipping deteriorated further during the second quarter of 2015, Golar LNG said in its second quarter business results. As explained, chartering activity and rates both remained low for much of April and May. During the latter half of May and into June the number of
DP World’s Earnings Up by 22 Pct
Global marine terminal operator DP World reported strong financial results from its global portfolio of marine terminals for the six months to 30 June 2015, delivering profit attributable to owners of $405 million, up by 21.9% compared to the first half of 2014. DP World’s revenue stood at $1.9 bill
DP World’s Earnings Up by 22 Pct
Global marine terminal operator DP World reported strong financial results from its global portfolio of marine terminals for the six months to 30 June 2015, delivering profit attributable to owners of $405 million, up by 21.9% compared to the first half of 2014. DP World’s revenue stood at $1.9 bill
Building Nigeria’s Largest CSD
Nwakama Dredge Nigeria Limited is building the largest cutter suction dredger ever made in Nigeria. With more than thirteen years of experience in fabricating dredges of all sizes, Nwakama Dredge is now working on the Nigeria’s biggest CSD, the second order from the same buyer. The first CSD is alre
Scores of Bodies Found on Migrant Boat off Libya
Bodies of around 50 people have been found in the hold of a vessel carrying migrants and refugees from Libya to Europe, according to Italian Coast Guard. Close to 430 people have been rescued from the said vessel by the Swedish navy ship Poseidon, part of European Union’s Frontex border management p
Scores of Bodies Found on Migrant Boat off Libya
Bodies of around 50 people have been found in the hold of a vessel carrying migrants and refugees from Libya to Europe, according to Italian Coast Guard. Close to 430 people have been rescued from the said vessel by the Swedish navy ship Poseidon, part of European Union’s Frontex border management p
Update: Grounded Ship in Suez Canal Not Refloated Yet
Efforts to refloat the southbound vessel that became grounded at 1430 local time on Tuesday, August 25th in the newly expanded Suez Canal, Egypt are still underway, according to the most recent update ISS Egypt. “Suez Canal Authority (SCA) tugs are still assisting the vessel for re-floating operatio
Update: Grounded Ship in Suez Canal Not Refloated Yet
Efforts to refloat the southbound vessel that became grounded at 1430 local time on Tuesday, August 25th in the newly expanded Suez Canal, Egypt are still underway, according to the most recent update ISS Egypt. “Suez Canal Authority (SCA) tugs are still assisting the vessel for re-floating operatio
IHS: China’s Trade to Keep Up the Momentum in Next 5 Years
Trade from China and Southeast Asia to North America and Europe is expected to boom in the next five years, according to new analysis released today by IHS Inc., a US-based industry analyst. The World Trade Service of IHS Maritime & Trade forecasts that China’s trade will continue to increase by mor
IHS: China’s Trade to Keep Up the Momentum in Next 5 Years
Trade from China and Southeast Asia to North America and Europe is expected to boom in the next five years, according to new analysis released today by IHS Inc., a US-based industry analyst. The World Trade Service of IHS Maritime & Trade forecasts that China’s trade will continue to increase by mor
Crewtoo: Seafarers Dread Port Calls
Seafarers sometimes fear port calls because of the increase in workload caused by the many audits and inspections when a ship is in dock, according to the results of the second Seafarers Happiness Index report published by Crewtoo, the online social network for seafarers. This increase in workload a