A mild shift in the speeds of containerships, especially on the head-hole, can be expected as new liner mega alliances endeavor to speed up their transit times, according to UK shipping consultant Drewry. Aiming to polish up their brands, liner giants that have joined their operating pools are likel
Maersk Giant Breaks 18,000 TEU Ceiling Maersk Line’s Triple E container ship behemoth Maersk Mc-Kinney Moller left the Spain’s Port of Algeciras yesterday loaded with 18,168 TEUs (twenty-foot equivalent units), beating the previous world record held by another Maersk’s Trip…Read more Another Car Car
VIDEO: Panama Canal Expansion – January 2015 The largest infrastructure project since the waterway’s original construction, the Panama Canal Expansion Program will create a new lane of traffic along the Canal through the construction of a new set of locks, doubling the waterway’s capacity. Van Oor
Egyptian government officials on Thursday, January 29th 2015, held a press conference about the New Suez Canal informing the public on the progress being made on the project. Chairman of the Armed Forces Engineering Authority, Maj.-Gen. Kamel El-Wazir said that so far about 10 kilometers of the New
The Liberian Registry has entered into a partnership with U.S.-based consultancy EfficientShip Finance (ESF) to offer turnkey retrofit solutions for Liberian-flag ships. ESF will provide the financial capital needed for each project, and assume responsibility for technology performance and fuel vola
Container throughput at Oman’s SOHAR Port and Freezone grew 58 percent in 2014 mostly due to the relocation of commercial traffic from Muscat. The transfer from Muscat to SOHAR, around 300,000 TEU, was completed at end of August with a view of accommodating ever bigger vessels. While speaking about
The month of January begins a year-long celebration of the 50th anniversary of the founding of the International Association of Dredging Companies (IADC). Incorporated in May 1965, the association brought together 60 participants of 38 international dredging contractors from 12 countries. Dredging h
British multinational oil and gas company BG Group has appointed GAC to be the sole provider of hub agency services for the Reading-headquartered company’s Liquefied Natural Gas (LNG) fleet, as well as crude oil and Liquefied Propane Gas (LPG) shipments. The new five year contract took effect on Jan
The International Association of Dredging Companies (IADC) celebrates its 50th anniversary. IADC’s Secretary General, René Kolman, has revealed the 50th anniversary activities planned for 2015: A special conference in Hong Kong: ‘From Birth to Boom: Asian Maritime Megastructures’ The program consist
C. Steinweg Oman, operator of the multipurpose cargo terminal at SOHAR Port and Freezone, has received today a 100Mton lifting capacity Gottwald HMK 6407 crane. With the new arrival, delivered by SAL Heavy Lift, the terminal operator now boasts three mobile harbour cranes. The maximum single crane l
Oman’s fast expanding Sohar Port and Freezone is looking East to attract investment, in particular from China, as it works to raise its profile as a competitive gateway for global trade. The Chinese Ambassador to Oman, Yu Fulong, has voiced China’s readiness to explore cooperation opportunities with
Abu Dhabi Ports has implemented new port management software called ‘Master Terminal’ to enhance the general cargo operations at the United Arab Emirates’ ports by improving processing times and the range of customer service offerings. The new software, created by Jade Software, will replace Abu Dha
VIDEO: Fincantieri Starts Building Seven Seas Explorer Italian shipbuilder Fincantieri has laid keel for the Seven Seas Explorer, the first super luxury cruise ship that the company is building for Regent Seven Seas Cruises, brand of the Prestige Cruise Holdings group.…Read more Four South Korean Ya
The EU General Court has annulled the EU sanctions against an Iranian bank and 40 shipping companies whose assets were frozen within restriction measures targeting Tehran’s nuclear program. Sanctions against Bank Tejarat have been scrapped as, according to the ruling, the EU failed to prove the bank
