Africa
Alcatel-Lucent to Boost ACE Submarine Link
Alcatel-Lucent and the Africa Coast to Europe (ACE) consortium have successfully completed a field trial on the existing ACE system, which connects France to the west coast of Africa, based on 300 gigabit-per-second (Gbit/s) and 400 Gbit/s technology. They achieved a breakthrough transmission of 12.
Picture of the Day: Digging the New Suez
Egypt launched the New Suez Canal project in August 2014, and the construction was ordered by Egyptian President Abdel-Fattah al-Sisi to be completed in one year. Some of the world’s top dredging companies are taking part in this capital project that is designed to enlarge the transit capacity and t
Olympic’s Vessels Get New Contracts
M/V Olympic Triton has been awarded a new contract, firm for one-year plus an additional optional year, up to two years total. The contract was awarded by Demar in Mexico. The vessel will perform subsea and support functions for Demar under contracts with PEMEX for work in the Gulf of Mexico. The ve
Konecranes Ships 15 RTGs to West Africa
Konecranes has received an order for 15 Rubber Tired Gantry (RTG) cranes from Bolloré Group. The RTGs will be delivered to three container terminals operated in West Africa by Bolloré Africa Logistics. Two of these terminals are new Konecranes RTG customers: Togo Terminal in Lomé, Togo (four RTGs) a
Olympic scores double
Norwegian shipping company, Olympic Ship AS, has informed that two of its vessels have been awarded new contracts. M/V Olympic Triton was awarded a new contract, firm for one-year plus an additional optional year, up to two years total. The contract was awarded by Demar in Mexico. The vessel will pe
Minister Ellwood Tours New Suez Canal Project
British Minister for the Middle East Tobias Ellwood has met Egyptian President Abdel Fattah el-Sisi. The meeting came at the end of a three-day British trade mission led by Mr Ellwood, which was the largest to Egypt in over ten years. The Minister arrived in Cairo last Monday leading the largest tra
Slow Steamers to Rake In from Low Oil Prices
Ship efficiency remains just as relevant and important in a bearish oil market as it does when shipowners have to pay over USD 600 for a tonne of Heavy Fuel Oil, Newport Shipping UK said in a release. Hakan Ozcan, the Chief Financial Officer of Ecoships, the technical ship management arm of Newport
IMO Tackles Administrative Burdens in Maritime Industry
The International Maritime Organisation (IMO) has published a report containing the main findings and conclusions of the public consultation undertaken by the IMO on the reduction of administrative burdens in maritime regulations. 60% of those involved in the online consultation named ‘Have Your Say
Containership Reliability Keeps Spiraling Down
Containership reliability declined for the second month in a row in December, according to Drewry’s enhanced Carrier Performance Insight. The latest data shows that the aggregate on-time performance for the Asia-Europe, Transpacific and Transatlantic trades dropped to 58% in December, down from 62%
Falling Piracy Figures Hide Worrying Trends
The UK Chamber of Shipping has warned that a significant drop in Somali based piracy should not mask significant security threats to shipping and seafarers in other regions, both off West Africa and in South East Asia. – where a violent ‘petro-piracy’ is thriving. A report by the International Marit
IMO Updates Rescue at Sea Guide
The International Maritime Organization (IMO) has issued the updated and revised Rescue at Sea guide intended for the rescue of refugees and migrants. The guide has been prepared jointly by the International Maritime Organization (IMO), the International Chamber of Shipping (ICS), and the Office of
SBM Offshore Gets PRN for N’Goma FPSO
SBM Offshore has received formal Production Readiness Notice (PRN) for N’Goma FPSO from client Eni, operator of Block 15/06 on behalf of the Joint Venture which also includes Sonangol Pesquisa e Produção, SSI Fifteen Limited and Falcon Oil Holding Angola SA. Following successful first oil in Novembe