Africa
CMA CGM Cleared to Buy German Short Sea Operator OPDR
The European Commission has approved French container line CMA CGM’s plan to buy German short sea shipping operator Oldenburg-Portugiesische Dampfschiffs-Rhederei (OPDR). Both OPDR and CMA CGM (through its subsidiary MacAndrews) are active in intra-European short sea container shipping, including po
CMA CGM Cleared to Buy German Short Sea Operator OPDR
The European Commission has approved French container line CMA CGM’s plan to buy German short sea shipping operator Oldenburg-Portugiesische Dampfschiffs-Rhederei (OPDR). Both OPDR and CMA CGM (through its subsidiary MacAndrews) are active in intra-European short sea container shipping, including po
VIDEO: Mogadishu Port Project
Turkish Albayrak Group has released a video about the future development plan for the Somalia Mogadishu International Port. In order to transform the port into a world class facility, the group has embarked on an ambitious development program that will give the Mogadishu Port a central position in E
Port of Durban Unsafe for Ships?
South Africa’s Port of Durban has been put under a spotlight amid recent groundings at the harbour entrance which might render the port unsafe for ships once the cause of the said incidents is investigated. Groundings have become frequent since September 2014, with two most recent ones, that of MV P
Port of Durban Unsafe for Ships?
South Africa’s Port of Durban has been put under a spotlight amid recent groundings at the harbour entrance which might render the port unsafe for ships once the cause of the said incidents is investigated. Groundings have become frequent since September 2014, with two most recent ones, that of MV P
EMAS Offshore bags three new awards
EMAS Offshore Limited, an offshore services to the oil and gas industry, has secured three new awards for charters with oil majors in West Africa and Thailand valued at more than $24 million (including options). The company said that, in West Africa, its Anchor Handling Tug and Supply (AHTS) vessel
Semi-sub Maersk Discoverer drilled deepest well ever in Egypt
On May 5, 2015, the rig Maersk Discoverer completed what is claimed to be the deepest well ever drilled in Egypt and the longest ever drilled in the Mediterranean Sea. The Maersk Discoverer is a sixth generation semi-submersible rig owned and operated by Maersk Drilling. Atoll-1 was drilled in 923m
RoRo Ship Sinks off Egypt, 37 Rescued
Some 37 people were rescued from a sinking RoRo ship near Egypt’s Safaga Port, located on the coast of the Red Sea, on Sunday. The ship, identified as Taba, was underway some 20 nautical miles from Safaga, bound for Saudi’s port of Duba, when it started to sink, the Red Sea Ports Authority informed.
RoRo Ship Sinks off Egypt, 37 Rescued
Some 37 people were rescued from a sinking RoRo ship near Egypt’s Safaga Port, located on the coast of the Red Sea, on Sunday. The ship, identified as Taba, was underway some 20 nautical miles from Safaga, bound for Saudi’s port of Duba, when it started to sink, the Red Sea Ports Authority informed.
Shipping Industry’s Morale Suffers Sharp Decline
The morale in the shipping industry has fallen to the lowest level in the past six years, according to the Way Ahead Transport survey by Norton Rose Fulbright law firm. The battered optimism has been attributed to a fleet overcapacity in the shipping industry at a time of recorded downturn in emergi
Shipping Industry’s Morale Suffers Sharp Decline
The morale in the shipping industry has fallen to the lowest level in the past six years, according to the Way Ahead Transport survey by Norton Rose Fulbright law firm. The battered optimism has been attributed to a fleet overcapacity in the shipping industry at a time of recorded downturn in emergi
Unipec Leads the Dirty Pack
China International United Petroleum & Chemicals (Unipec) has remained in the lead in the overall ranking of reported dirty spot charterers for 2015 year-to-date (ytd), representing 8.1% of total dirty spot market fixtures thus far, Poten & Partners writes in its weekly Tanker Opinion. Should the co