A survey released by the International Transport Workers’ Federation has highlighted the need for continuing work on wellbeing among seafarers, as well as for debunking myths about HIV/AIDS. The major findings came in response to the questions about general wellbeing, with many of those quizzed repo
In the last four months dry bulk orders have fallen to 0.4 million dwt per month, the lowest level since the 1990s, according to the latest market review released by Clarkson Research. “This is a massive 98% reduction from the 23 million dwt peak in orders in December 2007, and probably the sharpest
Saudi Arabian oil company Saudi Aramco has awarded Australian company WorleyParsons a contract to provide project management services for its offshore program. According to the press release issued by WorleyParsons, under the new six-year contract, the company will provide project management and eng
MAST: Security Situation in the Mediterranean Could Get Out of Hand Incidents of criminality and piracy on the high seas and in coastal areas of the Mediterranean could become more prevalent as the human trafficking organisations become more established, say… Read more Costa Concordia to Embark on I
New Suez: 62.9 Pct of Dredging Finalized Up to 157.260 million cubic meters of water-saturated sand have been dredged so far as part of the Suez Canal Development Project, said executive director supervising the dredging process Wagdi Zaki. Belgian Business Delegation Visited Managua HKND Group an
The eastern Port of Derna has welcomed the first tanker since the bombing of a Greek-owned tanker by Libyan military forces back in January, the National Oil Corporation of Libya informed. Namely, a Maltese-flagged tanker Naftilos delivered a cargo of heavy fuel to Derna’s power plant a week ago, si
Soil Machine Dynamics (SMD) has recently delivered a Q-Trencher 400 telecoms vehicle to United Arab Emirates-based company E-Marine. The vehicle is to be installed on E-Marine’s dedicated Submarine Cable Installation and Maintenance Vessel ‘CS Maram’, which is currently undertaking dock trials ahead
Danish liner company Maersk Line has confirmed the release of the Marshal Islands-flagged containership Maersk Tigris earlier today. The ship is now en route to Jebel Ali (UAE) where Rickmers Shipmamagement will attend to the 24 crew members, Maersk Line added. The crew was reported to be in good co
Overcapacity and low fuel prices are bound to keep low dry bulk shipping freight rates for the rest of the decade or even longer, according to investment bank Goldman Sachs. With the daily charter rates dwindling, the bank predicts that the average utilization rate of the dry bulk shipping fleet wil
The seized Maersk Tigris containership has been released after being held in detention by Iranian authorities for over a week, IRNA reported citing a source at Iran’s Ports and Maritime Organization. The information has just been confirmed by the PMO, saying that after receiving a letter of guarante
Dutch company Ampelmann, focused on the development, construction and lease of offshore access solutions, has opened office in Houston. Delft headquartered company dealing with motion compensated access solutions, said that opening a new office represents the next step in the expansion of the compan
Occidental Petroleum Corporation (Oxy) has approved a CEO succession plan and promoted Vicki A. Hollub to Senior Executive Vice President of Occidental and President – Oxy Oil and Gas, responsible for operations in the United States, Middle East region and Latin America. Hollub has served as Executi
Danish liner company Maersk Line continues talks with Iranian authorities as it pushes for the release of the seized containership Maersk Tigris. “Today, we have had a constructive dialogue with the Iranian courts and Ports & Maritime Organization. Earlier today, we provided a letter of undertaking
The ACI’s European Dredging Summit, scheduled for 7th and 8th of October 2015 in Antwerp, Belgium, will be focused on discussing the essential dredging strategies and environmental monitoring for project approval. The participants will have a chance to learn how to solve the major problems when deve
