The National Shipping Company of Saudi Arabia (BAHRI) announces that its 80% owned subsidiary The National Chemical Carriers Company Ltd. (NCC) will sign today, Tuesday, 14th August 2012 time charter agreements for three chemical tankers with International Shipping and Transportation Company Ltd. (a
Tanzania is de-registering 36 Iranian oil carriers which had taken Tanzanian flag so as to avoid sanctions imposed by the U.S. and the EU against Iran amid Teheran’s nuclear program development, Reuters informs. Having been subjected to harsh criticism from the U.S. House Committee on Foreign Affair
Renaissance subsidiary, Topaz Energy and Marine, a UAE-based oil field services company, has been awarded two new long term charters, totalling over $65 million, in the GCC and the Caspian Sea, two of the company’s major operating areas. It also confirms the acquisition of Topaz Rayyan and Caspian R
The latest official figures show that Phase One of ADPC’s flagship Khalifa Port is 1% from completion. The Port, whose high-tech infrastructure and new semi-automated Container Terminal open on September 1st, is 99% complete. Its capacity is 2.5 million TEU containers per year. Khalifa Industrial Zo
A Japanese oil tanker, M/V Otowasan, collided with a U.S. Navy ship near the Strait of Hormuz in the early hours of Sunday, August 12, 2012, Reuters reports. According to Bahrain-based U.S. 5th Fleet spokesman Lieutenant Greg Raelson the collision was not combat-related and overall damage to the shi
The surge in Somali pirate attacks has been wiped out completely based on the figures for this month, which has been the first full month without pirate attacks since 2007, The Telegraph writes. Based on the data released by the International Maritime Bureau (IMB), the last attempted boarding and fi
As of August 4th, 2012, HNLMS Rotterdam is the flagship of NATO counterpiracy operation Ocean Shield. The Landing Platform Dock took over the tasks of air defence and command frigate HNLMS Evertsen in the waters off the coast of Somalia. Along with the Rotterdam’s 320-strong crew, Commodore Ben Bekk
India might be reinstating oil imports from Iran, what used to be the country’s second biggest oil supplier, in spite of the sanctions imposed by the West against Teheran which are still in force. As unravelled by Reuters, India’s Shipping Ministry has addressed a letter to Great Eastern Shipping Co
The Saudi Ports Authority (SPA) signed a number of contracts worth SR 615 million (US$164m) for the development of King Abdul Aziz Port in Dammam, Dhuba Port in Tabuk, King Fahd Industrial Port in Yanbu and Yanbu Commercial Port. According to arabiansupplychain.com, a container wharf will be constru
The National shipping Company of Saudi Arabia (Bahri) announces that its 60 percent owned subsidiary Bahri Dry Bulk has started its operations by chartering in two Kamsarmax Dry Bulk Ships to serve its customers’ grain import requirements into the Kingdom. The time chartered vessels start operations
ADPC’s Al Fenci tugboat navigates her way along Mina Zayed channel after successfully passing all tests. The tugboat, built at the Grandweld yard in Dubai, will be joined by her sister tug, Al Durrah, also built at the same yard. Both will work at Khalifa Port. ADPC’s full complement of working craf
Maritime security issues continue to grab headlines across the shipping industry, and 2012 is on track to be a record year for growth in the sector. However, many believe this evolution has not been matched by services which maritime security providers themselves need. As the industry becomes more c
The minehunters HMS Middleton and HMS Pembroke were in the Gulf of Aden on their way home when they received a distress call from the MV New Delhi Express. The 40,000-tonne merchant ship, laden with valuable containers, contacted HMS Middleton to say she was 12 miles to the south west and had suffer
The LNG carriers MILAHA RAS LAFFAN and MILAHA QATAR recently carried out their first loading operations under their new names and new managers. The MILAHA RAS LAFFAN loaded at Ras Laffan on July 8th, 2012, while the MILAHA QATAR loaded at the same port on July 11th, 2012. At ceremonies held for each