Container carriers Orient Overseas Container Line (OOCL) and Evergreen Line, members of the newly formed OCEAN Alliance, have suspended services to Qatar after a number of Arab countries cut diplomatic and trading ties with this Middle Eastern country. Namely, due to the diplomatic crisis, Saudi Ara
Renewable energy technologies must be considerably ramped up in order to meet long-term climate change targets and governments need to support large-scale deployments with the necessary policies, the International Energy Agency (IES) said in its latest report.
A new global union alliance formed of unions based in DP World terminals is looking to improve standards in health and safety, automation and contract labour. According to International Transport Workers’ Federation (ITF), the ITF DP World global union alliance is setting out its first series of obj
International Renewable Energy Agency (IRENA) has released a new version of its online renewable energy mapping platform called Global Atlas for Renewable Energy.
The 2017 Edition of the REN21 Renewables Global Status Report has revealed that installed global renewable power capacity has hit new record in 2016 with 161GW added for 23% less investment.
Danish shipping major Maersk Line has closed bookings for cargo that transship over Jebel Ali to or from Qatar for the time being. The move was triggered by the ongoing diplomatic crisis between Qatar and Arab countries, including Saudi Arabia, the UAE, Egypt and Bahrain, that banned ships in their
Manila Mayor Joseph Ejercito Estrada, representing the City Government of Manila, and officials of the Philippine Reclamation Authority led by Alberto Agra, signed a Memorandum of Understanding for the 419-hectare Horizon Manila Reclamation Project on June 1. “With another milestone project such as
Qatari North Oil Company (NOC) has hired Japan Drilling’s Hakuryu 12 jack-up rig for work on the giant Al Shaheen oil field offshore Qatar. Japan Drilling Company (JDC) said that the NOC hired the rig on a two-year firm deal with options. The company added that the contract, starting in September 20
The International Association of Dredging Companies (IADC) has just released the June 2017 edition of Terra et Aqua. Terra et Aqua is a quarterly publication of the International Association of Dredging Companies, emphasizing “maritime solutions for a changing world”, IADC said. It covers the fields
Medium ranged product tankers (MRs) are definitely the workhorses of the product tanker shipping industry, being the most widely used vessels that can call at any port in the world including smaller and shallower ports, it was concluded during a webinar organized by Capital Link Shipping on June 1.
After a number of Arab countries cut diplomatic and trading ties with Qatar, all vessel traffic from and to the country was suspended by Saudi Arabia, the United Arab Emirates, Bahrain and Egypt. Namely, relevant authorities informed that all Bahrain ports and territorial waters, as well as all Abu
Ocean Thermal Energy Corporation (OTE Corp) has received an approval to upgrade its common stock from the Pink Open Market to the OTCQB Venture Market.
The very large crude carrier (VLCC) market could experience a downturn, which is likely to accelerate in the short term, on the back of OPEC’s extension of production cuts. OPEC and a number of non-OPEC producers earlier informed of their decision to extend production cuts to March 2018. Cutbacks la
Tidal Energy Today has compiled the top news from tidal and wave energy industry from May 29 – June 4, 2017.