Latest News - page 514


Salalah Port Breaks 4-M TEU Record

Dec 30, 2019

Port of Salalah, the largest port in Oman, hit an all-time record container volume of 4-million TEUs in December 2019.Considering all services and volumes that were re-directed to other ports due to the impact of Cyclone Mekunu in 2018, the…

EU Shortsea Shippers Challenge ITF Longshore Clause

Dec 30, 2019

European short-sea and feeder lines challenge legality of Dockers' Clause extension.European short-sea and feeder ship operators are challenging efforts by the International Transport Workers’ Federation (ITF) to redefine container lashing as…

Sandy Hook Pilots Issue Statement on Operational Fatality

Dec 30, 2019

Coast Guard responds to deadly New York harbor pilot accident.On December 30, 2019 at approximately 0430, Sandy Hook Pilot Captain Dennis R. Sherwood was involved in an incident while boarding a container vessel inbound to the Port of New York & New Jersey…

India, Mauritius in Joint Hydrographic Survey

Dec 30, 2019

The Government of Mauritius has organized an event at Port Louis to mark the successful completion of hydrographic survey by Indian Navy ship INS Darshak over the past one month.The aim of the survey was to publish navigational charts and electronic…

Meyer Werft to Launch 3 Cruise Ships in 2020

Dec 30, 2019

German shipyard Meyer Werft GmbH & Co. KG is all set to to launch three cruise ships in 2020. During the shipyard has handed over three modern cruise ships to international cruise lines.  'In the last twelve months alone, we have taken on 395 new employees in Papenburg…

DP World to Invest $500 in Jeddah Port Upgrade

Dec 30, 2019

The global port operator DP World has been awarded a 30-year Build-Operate-Transfer (BOT) concession by the Saudi Ports Authority (Mawani), for the management and development of the Jeddah South Container Terminal at the multi-purpose Jeddah Islamic Port…

OSG Acquires Alaska Tanker

Dec 30, 2019

Overseas Shipholding Group, the tanker company providing energy transportation services for crude oil and petroleum products in the U.S. Flag markets, has entered into agreements with BP Oil Shipping Company USA and BP AMI Leasing to purchase…

French CG Rescue 31 Migrants

Dec 29, 2019

French coastguards rescued 31 migrants trying to cross the English Channel overnight after the engine of one small boat cut out and the other dinghy began to take in water, local authorities in France said on Sunday.Border and coast guards in…

Hundreds Petition Against Erdogan's Canal Project

Dec 27, 2019

Hundreds of people in Istanbul have signed petitions in the past two days opposing a massive canal project championed by Turkish President Tayyip Erdogan, which they say will wreak environmental havoc in the city.The proposed 45-km (28-mile)…

First LNG FFA Trades via CME Group

Dec 27, 2019

Affinity (Shipping) LLP, a shipbroker, said this week in a statement it had facilitated the first trades in CME Group's liquefied natural gas (LNG) freight futures contracts.The trades involved French energy major Total and commodities trader…

Cargo Ship Aground in Bosphorus Straight

Dec 27, 2019

A cargo ship collided with the shore in Istanbul's Bosphorus strait on Friday, according to the governor's office and a witness, prompting authorities to close the picturesque and crowded waterway running through Turkey's largest city.There were no injuries or casualties…

MOL Inks Deal with MHI for LNG-Fueled Ferries

Dec 27, 2019

Mitsubishi Shipbuilding Co., Ltd. signed a contract with Mitsui O.S.K. Lines (MOL) to build two LNG-fueled ferries, the first such project in Japan. These vessels will be built at the Shimonoseki Shipyard & Machinery Works, with deliveries scheduled for the end of 2022 to early 2023…

Japan Sending Warship, Aircraft to Middle East

Dec 27, 2019

Japan will send a warship and patrol planes to protect Japanese ships in the Middle East as the situation in the region, from which it sources nearly 90% of its crude oil imports, remains volatile, Japan's top government spokesman said on Friday…

Five Common Mistakes in Maritime Contracts

Dec 26, 2019

“An ounce of prevention is worth a pound of cure.” – Henry de Bracton, DeLegibus, ~1240Often clients or prospective clients come to me with a commercial contract issue perched on the precipice of full-blown litigation or arbitration. When I ask to see the contract…

SAAM Towage to Enter El Salvador Market

Dec 26, 2019

Latest move to Enter El Salvador with Energía del Pacífico will Reinforce SAAM Towage's Presence in Central America.The Managing Director of SAAM Towage, Felipe Rioja, celebrated the company’s upcoming launch in the new market: El Salvador.…

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