Box traffic in Northern Europe’s six largest ports will rise by 6.9% in the latter half of 2014, the Irish Maritime Development Office (IMDO) said in its Shipping Market Review referring to the Lloyd’s List findings. According to the latest Global Port tracker report published by Hackett Associate
The Siemens Drive Technologies Division is equipping 17 container ships owned by the United Arab Shipping Company (UASC) with an environmentally friendly drive and power generation system (Siship SGM) under contract from Hyundai Heavy Industries, the largest shipyard in the world. Using a waste he
Reef Worlds, a Los Angeles-based company, intends to create an underwater theme park for waterfront resorts in Qatar. The theme park would consist of artificial reef sites that would be designed like ancient Lost Cities, reports Zawya. The aim of the project is to boost tourism and bring economic be
Ordering of new units has kept its steady pace with 32 contracts, Shiptrade Services S.A. said in its Weekly Market Report. The preferred vessels on order were dry bulk carriers, with eight new orders for 19 bulkers, while on the wet front, interest mainly focused on the gas segments. Oldendorff has
John M. Lyras, Chairman of the London P&I Club, has called for concerted international action on the provision of places of refuge for ships involved in casualties. Writing in the club’s 2014 Annual Report, Mr Lyras says, “Nearly twelve years after the Prestige disaster, it is particularly disappo
ClassNK classification society, and Transas Marine, maritime simulation, navigation and surveillance systems provider, have signed a Memorandum of Understanding in the field of maritime simulators classification. Transas Marine Limited Director Andrey Belentiev said: “High-quality maritime educati
Aquatic Engineering & Construction Ltd, an Acteon company, has appointed Martin Charles as regional general manager, Europe, Middle East and Africa (EMEA). This appointment contributes to Aquatic’s business strategy for 2014 and its ambitious expansion programme, which will improve customer service
The North Europe Service 1 (NE-1) run by shipowners ZIM Integrated Shipping Services and MSC Mediterranean Shipping Company is the most important liner service linking Hamburg weekly with Israel via the Mediterranean. Transport volumes have grown continuously since 2007, in all by around 21 percent.
The month of May has seen reliability of container shipping lines’ on-time performance improve for the third consecutive month after global performance climbed 2.2 percentage points to 75.5%, according to SeaIntel’s Global Liner Performance. Based on the report, the company that performed the best
Penspen has been awarded a contract to provide Abu Dhabi Marine Operation Company (ADMA OPCO) with Project Management Consultancy Services for Additional Gas Supply from USSC Project in the UAE. Under the terms of the contract, Penspen will project manage Technip/NPCC in its upgrade of the gas facil
Baker Hughes Incorporated has announced today that the international rig count for June 2014 was 1,336, down 14 from the 1,350 counted in May 2014, and up 3 from the 1,333 counted in June 2013. The international offshore rig count for June 2014 was 314, down 12 from the 326 counted in May 2014, and
Oman’s SOHAR Port and Freezone is seeking ways to bolster economic ties with Singapore, as it aims to become the gateway to a new trade corridor that will connect Asia, the Gulf, and the US, through Oman, Commercial Executive Edwin Lammers said while speaking at the SCM Logistics and Manufacturing W
Ocean Installer announced that Patrick Chapalain has joined the company as Managing Director for AFMED & Middle East. He will be working out of Dubai where Ocean Installer is establishing a regional office. Patrick Chapalain has extensive experience from the offshore subsea and construction industry
How Many Containers Have Shippers Lost at Sea? The World Shipping Council (WSC) estimates in its report on containers lost at sea that for the combined six year period from 2008 to 2013, there were 546 containers lost on average each year. VIDEO: Prelude – Revolution in Natural Gas Production Shell
