Drewry’s latest Tanker Forecaster report shows that another tough year is on the horizon for tanker owners as the market continues to struggle under the pressure of overcapacity. Global oil consumption only managed a timid growth in the fourth quarter of 2012, with global crude oil loadings increasi
ADPC, a master developer and manager of commercial ports and industrial zones in the emirate of Abu Dhabi, has today released its traffic figures for 2012, with growth reported across all key traffic categories including: containers, vessel and RORO (roll-on roll-off) movements, and general bulk and
Ship-level and container-level Key Performance Indicators (KPIs) showed significant quarter-on-quarter increases in reliability in the fourth quarter of 2012, according to Drewry’s quarterly report Carrier Performance Insight, just published. Containership reliability reached a new record high in th
IMO member states this week agreed on a proposal to undertake a trial period for port state control sampling and analysis once the International Ballast Water Management Convention (BWMC) has entered into force. Acknowledging that there remains a great deal of uncertainty about the methods used to s
Drydocks World, announced that the Company received Prof. Dr. Hans-Jörg Schmidt-Trenz, CEO, Hamburg Chamber of Commerce, Germany. He was accompanied by Ms. Kirsten Staab, Director of the Hamburg Representative Office in Dubai. Prof. Dr. Hans-Jörg Schmidt-Trenz met Mr. Khamis Juma Buamim, Chairman of
Mitsui O.S.K. Lines, Ltd. today announced plans to collaborate, along with Shell, BP, Maersk, Stena NYK and “K” Line with the United Nations Development Programme (UNDP) to support job creation and skill development projects in Somalia. The industry partners will provide funding of US$ 1 million to
Transas Middle East successfully installed and commissioned Standalone AIS Solution at the Port of Aqaba, Jordan within the EU-funded SafeMed II Project. The primary purpose of the project is to provide a comprehensive picture of the maritime traffic to all interested parties, which will help to for
The International Chamber of Shipping (ICS) – the principal international trade association for shipowners, representing all sectors and trades and over 80% of the world merchant fleet – has voiced serious concerns about toll increases just announced by the Suez Canal Authority (SCA), to be implemen
Dubai Maritime City Authority (DMCA), the government authority charged with regulating, coordinating and supervising all aspects of the maritime sector in Dubai, has announced that Mohammad Al Bastaki, DMCA’s Director of Maritime Operations, recently attended the United States Coast Guard (USCG) Cru
During the reporting period of 22 – 29 January 2013 there were no piracy related incidents in the High Risk Area (HRA), NATO Shipping Centre informed in its Weekly Piracy Update. Merchant vessels are reminded to remain vigilant while transiting this area and ensure that Self Protection Measures are
Leading shipping and Logistics Company GAC has won the ‘Shipping Agent of the Year – General Cargo’ title in this year’s E-Service Excellence Awards. The Awards, now in their fifth year, are presented by Dubai Trade, the region’s number one global trade facilitator. The presentation ceremony was hel
The UAE’s Critical Infrastructure and Coastal Protection Authority (CICPA), a specialized government body that protects the critical infrastructure and coasts of the UAE, announced a marine safety campaign ‘Bihar 2013’ aimed at all users of the seas to spread the awareness of marine safety and secur
Inchcape Shipping Services (ISS), the world’s leading maritime services provider, is advising that most port operations are currently continuing in Port Said, Ismailia and Suez, and canal convoys have not been interrupted despite ongoing disturbances in Egypt and a state of emergency being declared
The team from WSS Dubai picked up the award for Freight Forwarder of the Year 2012 at last night’s Dubai Trade Awards in Dubai. The awards recognise the achievements of the region’s most active online performers and were attended by representatives from DP World and Dubai Trade as well as key dignit
