All ships belonging to Varun Resources Limited have been banned from calling the United Arab Emirates (UAE) ports, the country’s transport authority said. India-based LPG shipowning company is a repeat offender when it comes to seafarer abandonment cases in UAE ports and waters. The latest instance
The third quarter of 2017 has seen tanker fleet utilization drop to levels last seen in 2013, according to the latest report from Clarksons Platou Securities. The fundamentally soft conditions in the market were further aggravated by seasonal weakness and reductions in Saudi Arabia’s crude exports i
Qatari maritime and logistics company Milaha is evaluating tonnage acquisitions across several sectors at the moment, Mr. Abdulrahman Essa Al-Mannai, President and CEO of Milaha, revealed in an exclusive interview with World Maritime News. Speaking of the strategic investment plans in vessels, takin
Bahri Data, one of the six business units within Bahri, has signed a contract with classification society DNV GL to co-develop and jointly leverage their Big Data capabilities for safety, quality and compliance innovation. As part of the partnership, data scientists from Bahri Data and Veracity, DNV
Oman Shipping Company (OSC) intends to increase share in the transport market for aggregates and acquire up to ten bulk carriers for that purpose, Tarik Mohammed Al Junaidi, CEO of Oman Shipping Company was cited by the Times of Oman as saying. As explained, the move comes due to a significant growt
National Shipping Company of Saudi Arabia (Bahri) and the Dutch firm Koninklijke Bunge B.V. (Bunge) have launched its joint venture BahriBunge Dry Bulk Ltd. with the inauguration of the JV’s offices in Dubai, UAE. The move comes on the back of a joint venture agreement signed between Bunge and Bahri
Port developer and operator Abu Dhabi Ports ordered three new tugboats during the Seatrade Offshore Marine & Workboats Middle East 2017 (SOMWE) held in Abu Dhabi from September 25 to 27. The new tugs are said to be equipped with “the latest technology with a bollard pull power of 30 tons”. They will
A bulk carrier experienced a blackout while transiting the Suez Canal on October 4, GAC said, referring to the information provided by the Suez Canal Authority. As explained, the blackout occurred at about 12.09 hours local time. The unnamed bulker was the sixteenth in the southbound convoy, accordi
Maqta Gateway, Abu Dhabi Ports’ digital platform which aims to digitalize trade and streamline the exchange of information, was officially inaugurated in Abu Dhabi on October 3. The platform offers ports, exporters, importers, shipping lines, customs and government agencies a single point of contact
After a three-year-long closure due to the military conflict in the country, Libya’s Port of Benghazi reopened on October 1, 2017. The port opening was marked with the arrival of an oil tanker from Tobruk with Abdullah al-Thinni, the Prime Minister of a government based in the east, on board the shi
Three seafarers lost their lives onboard a cargo ship anchored at the Port of Sohar on September 30, Oman’s Public Authority for Civil Defence and Ambulance (PACDA) informed. The men, all of them Asian nationals, died from inhaling wood-preserving chemicals inside the unnamed ship, PACDA posted on F
United Arab Emirates-based maritime services company Fujairah National Shipping (FNS) announced plans to increase its market share in the region. As disclosed, the company wants to become the first ‘one-stop-shop’ maritime services company in the region and further add to its portfolio of services.
“The maritime sector, which includes shipping, ports and the people that operate them, can and should play a significant role helping member states to create conditions for increased employment, prosperity and stability ashore through promoting trade by sea; enhancing the port and maritime sector as
Oman Shipping Company is planning to invest around USD 20 million in two second-hand containerships, the company’s CEO Tarik Mohammed Al Junaidi is cited as saying by the Times of Oman. As reported, the two ships, featuring a capacity of around TEU 3,000 each, would replace the currently chartered-i
