World’s biggest container carrier Maersk Line recently posted a 3-minute timelapse of the 6,600 TEU Adrian Maersk passing through the recently opened New Suez Canal. The New Suez Canal was inaugurated by Egypt’s President Abdel Fattah Al-Sisi in a ceremony held at the port city of Ismailiya on Augus
The MSC Mediterranean Shipping Company S.A Australia Express Service has started calling at DP World London Gateway Port, the UK’s newest deep-sea terminal, following changes to the service. MSC Roberta made her first stop at DP World London Gateway Port on Friday, August 7, marking the commencement
The MSC Mediterranean Shipping Company S.A Australia Express Service has started calling at DP World London Gateway Port, the UK’s newest deep-sea terminal, following changes to the service. MSC Roberta made her first stop at DP World London Gateway Port on Friday, August 7, marking the commencement
Paragon Offshore, a global provider of offshore drilling rigs, has stacked two jack-up drilling rigs and has been awarded several contract extensions with reduced dayrates. According to its latest fleet status report issued Tuesday, Paragon stacked the jack-up rig Paragon L1113 in the U.S. Gulf of M
McDermott International, Inc. on Monday reported second quarter 2015 net income of $11.5 million, compared to a net loss of $7.4 million for the same period in 2014. The company said on Tuesday that, had it not been for restructuring charges and one-time losses on the impairment and disposal of asse
After many years of keeping track and reporting on the largest dirty spot charterers based on reported spot fixtures, Poten&Partners used the gathered data to rank the busiest dirty tanker routes worldwide in the first seven months of 2015, and compare it to the same period a year earlier. The long-
After many years of keeping track and reporting on the largest dirty spot charterers based on reported spot fixtures, Poten&Partners used the gathered data to rank the busiest dirty tanker routes worldwide in the first seven months of 2015, and compare it to the same period a year earlier. The long-
Manila-based port operator International Container Terminal Services, Inc. (ICTSI) improved its throughput and revenue in the first half of 2015, but its net profit was down 1% due to one-off gains and charges from its operations in Asia and South America. ICTSI’s net profit for 1HFY2015 was USD 100
Manila-based port operator International Container Terminal Services, Inc. (ICTSI) improved its throughput and revenue in the first half of 2015, but its net profit was down 1% due to one-off gains and charges from its operations in Asia and South America. ICTSI’s net profit for 1HFY2015 was USD 100
Dubai-listed tanker operator Gulf Navigation Holding has signed a settlement agreement with one of its major creditors, Nordic American Tankers Limited, Bermuda (NAT), over a 2014 arbitration award. The arbitration case related to the 6-year bareboat charter with GulfNav of the Suezmax vessel Gulf S
Dubai-listed tanker operator Gulf Navigation Holding has signed a settlement agreement with one of its major creditors, Nordic American Tankers Limited, Bermuda (NAT), over a 2014 arbitration award. The arbitration case related to the 6-year bareboat charter with GulfNav of the Suezmax vessel Gulf S
The International Marine Contractors Association (IMCA) will hold its 19th IMCA Annual Seminar on 27-28 October in Abu Dhabi. The full program is available online, and registration is now open. The theme of the event is ‘A Health Check for the Marine Contracting Industry’ which will see speakers tac
DEME at New Suez Opening On Thursday, 6 August,2015, the Dredging International (75%) and Great Lakes Dredge & Dock Company (25%) consortium participated in the opening festivities of the modernized Suez Canal in Egypt. VIDEO: New Canal – Icon of the Future Records were broken, vessels […]
The Suez Canal Container Terminal (SCCT), located east of the northern entrance of the Suez Canal, at the convergence of the continents of Africa, Asia and Europe, is preparing for an even larger role in global trade as the expansion of the man-made waterway linking the Mediterranean and Red Seas en
