Africa
Clean Freight Rates Set to Surge amid Ebola Outbreak
Freight rates for clean tankers heading from the UK continent to the West Africa could see an increase due to the Ebola crisis which was forcing shipowners to insert clauses into charter parties to avoid the risk of their vessel being quarantined, shipping sources told Platts. The inserted clauses r
DOF Subsea nabs multiple contracts worth $135M
The contract awards will secure utilization of the vessels Skandi Singapore, Skandi Hercules and Skandi Hawk.
New Suez Canal: Digging Pace Will Be Increased (UPDATE)
Eight million cubic meters have been dug in the New Suez Canal project so far, the Armed Forces said in a statement. “The digging pace will be increased after the rest of the digging equipment get into action,” the statement said. Forty-two companies and two battalions are taking part in the project
Readers’ Picks of the Week (Aug 11 – 15, 2014)
Lilly Johanne Capsizes in Turkey Lilly Johanne, a live fish carrier, capsized in Celiktrans shipyard in Tuzla, Turkey, on August 7, iLaks reports …Read more Poland Eyes Canal Construction to Evade Russian Waters Polish authorities have revived plans to build a canal in order to connect the Baltic Se
Top News of the Week of Aug 11 – Aug 17, 2014
1. VIDEO: ‘Princess Marseilles’ Crashes into German Cruise Ship (Norway) The 76 meter long seismic survey vessel Princess Marseilles collided with the 260 meter long German Century class cruise ship Mein Schiff 1. 2. Subsea 7 Wraps Up AIV Mission for Shell Subsea 7’s Autonomous Inspection Vehicle (A
Most popular articles of the week August 11 – 17, 2014
Fire on platform, FPSO sailaway, Unions take aim at oil giant, Green light for Canary drilling, Virtual tour of PSV, Murchison scrapping imminent,
Top News – August 11 to 17, 2014
Egypt to Build New Canal Alongside Suez Canal Egypt’s President Abdel Fattah al-Sisi attended the ceremony of launching the Suez Canal Axis Development Project at the Suez Canal Authority (SCA) club, Ismailia governorate. Boskalis Posts Record Profit in First Half Year Royal Boskalis Westminster N
Early Moves towards Responsible Ship Recycling
German transportation company Hapag-Lloyd will no longer sell vessels to recycling yards that do not comply with strict environmental regulations and guidelines. The company said on Monday it will no longer sell its old ships on global markets, but will send its ships to specialized docks. With such
Nigerian Court of Appeal Backs NLNG
The Court of Appeal in Lagos on Monday, August 11, 2014 upheld a preliminary objection by Nigeria LNG Limited and dismissed an appeal filed by Global West Vessel Specialist Limited, challenging an earlier Federal High Court decision to continue a substantive suit over the blockade of NLNG’s jetty in
New Suez Canal: Officials Discuss Funding Plan (Egypt)
President Abdel Fattah El Sisi met on Thursday with Prime Minister Ibrahim Mahlab, Central Bank of Egypt (CBE) Governor Hisham Ramez, Minister of Finance Hany Qadry, International Cooperation Minister Naglaa el-Ahwani, and Investment Minister Ashraf Salman to discuss plan of funding new Suez Canal p
Chinese Ship in Quarantine over Ebola Fears
A Chinese-flagged ship heading from Sierra Leone to Cape Verde was put in quarantine in Sao Vicente yesterday so as to make sure the crew hasn’t been infected by the fatal Ebola virus, Xinhua News Agency reports. As explained by Cape Verde Health Minister Cristina Fontes, the ship which is situated
Neptune Trains AMEA Port Personnel
Neptune Maritime Security has provided comprehensive crisis management training to bolster defences at major ports in Asia, the Middle East and Africa (AMEA) amid increasing instability in the region. An expert team from the company’s Dubai head office and operational support centre recently perform