Africa
Mega Boxships and Rising Demand Fueling Port Investment Race
Rising global container port demand and ever larger vessels are driving terminal operators to make significant investments in additional capacity, according to the Global Container Terminal Operators Annual Report 2015 published by global shipping consultancy Drewry. Drewry predicts average global c
Platts: Dry Bulk Market Needs at Least 3 Years to Recover
The currently crippled global dry bulk freight market is expected to take at least three years to hit the road to recovery, according to the majority of industry players surveyed by Platts. The Platts Dry Bulk Market Survey was conducted in July and involved more than 100 dry bulk market participant
Platts: Dry Bulk Market Needs at Least 3 Years to Recover
The currently crippled global dry bulk freight market is expected to take at least three years to hit the road to recovery, according to the majority of industry players surveyed by Platts. The Platts Dry Bulk Market Survey was conducted in July and involved more than 100 dry bulk market participant
Black box to unravel cause of Bristow helicopter crash in Nigeria
Nigeria’s Accident Investigation Bureau (AIB) announced that the flight recorders, known as black boxes, to the Sikorsky 76 helicopter that crashed into the lagoon in Oworonshoki area of Lagos, Nigeria on Wednesday, August 12, 2015 had been recovered. The Sikorsky 76 helicopter marked 5N-BGD and ope
Svitzer Sets Growth Goals
Maersk’s towage specialist Svitzer is planning to secure greater foothold in two strategic markets in Asia, Middle East and Africa (AMEA) and Americas, the company said. Both regions are of smaller weight in Svitzer’s portfolio, but have substantial growth opportunities. The AMEA region today covers
Svitzer Sets Growth Goals
Maersk’s towage specialist Svitzer is planning to secure greater foothold in two strategic markets in Asia, Middle East and Africa (AMEA) and Americas, the company said. Both regions are of smaller weight in Svitzer’s portfolio, but have substantial growth opportunities. The AMEA region today covers
Reefer Trade Immune to Downturn
Despite a variety of adverse economic and climatic conditions, perishable reefer cargo growth appears unstoppable, according to Drewry’s latest Reefer Shipping Market Annual Review & Forecast. Worldwide perishable reefer trade increased by 1.8% in 2014 – reaching almost 190 million tonnes. Although
Reefer Trade Immune to Downturn
Despite a variety of adverse economic and climatic conditions, perishable reefer cargo growth appears unstoppable, according to Drewry’s latest Reefer Shipping Market Annual Review & Forecast. Worldwide perishable reefer trade increased by 1.8% in 2014 – reaching almost 190 million tonnes. Although
Popular news, August 17 – 23, 2015
Popular news, August 17 – 23, 2015
Readers’ Picks of the Week (17-21 of August)
Update 2: Tianjin Port Disaster Claims 112 Lives, 95 Missing Rescue crews have found 112 bodies, with 95 people still missing, 85 of whom are firefighters, after two huge explosions leveled parts of the industrial area of China’s Port of Tianjin where dangerous chemicals and goods are stored late We
Readers’ Picks of the Week (17-21 of August)
Update 2: Tianjin Port Disaster Claims 112 Lives, 95 Missing Rescue crews have found 112 bodies, with 95 people still missing, 85 of whom are firefighters, after two huge explosions leveled parts of the industrial area of China’s Port of Tianjin where dangerous chemicals and goods are stored late We
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (August 17 – August 23). A diver has been airlifted to hospital after a dive boat in Bridlington Bay called the UK Coastguard. The call came in at 2.35pm on August 16, reporting that the 60-year-old fe