Boluda Corporación Goes to N. Europe
Shipping services provider Boluda Corporación Marítima has signed a letter of intent to acquire all the shares, worth 300 million euros, of Kotug Smit Towage.The Netherlands-based towage services provider Kotug Smit Towage is operating in North Sea countries (United Kingdom, Netherlands, Belgium and Germany).Boluda Corporación Marítima is now in talks to acquire 100% of the towage company Kotug Smit Towage created in 2016. The shares are owned equally by the two companies Kotug International BV and Royal Boskalis Westminster NV…
CMA CGM Upgrades NEMO service
Shipping group CMA CGM has reinforced its Europe / Indian Ocean & Australia offering by upgrading its NEMO service, which liaises North Europe and the Mediterranean to the Indian Ocean Islands and Australia on the southbound leg and Australia to southeast Asia and Europe on the northbound leg.This upgraded service will be effective in September 2019 and operated in partnership with MSC, subject to applicable filing requirements.CMA CGM said the new offer will feature an upgraded fleet and provide expanded port coverage through a better utilization of hubs offering dedicated feeder services.
Focus on African Maritime Development
As part of its continuing efforts to help African countries improve the sustainability of their maritime sectors and their blue economies, International Maritime Organization (IMO) frequently works with partners to help support their initiatives.This work includes participating in two major annual maritime security exercises in Africa, the first of which, Cutlass Express, is currently underway in Djibouti, Mozambique and the Seychelles (25 January – 7 February).Cutlass Express puts special emphasis on encouraging navies and civilian agencies and different countries to work together…
CMA CGM Improves NOURA Service
CMA CGM announced the service improvement connecting Middle East to East Africa, in the effort to maintain a high service reliability and punctuality with our lead product NOURA service.Effective from M/V CMA CGM MANET voyage Jebel Ali today (January 3), direct product with a comprehensive coverage of East Africa and Indian Ocean markets, Noura service will benefit of a 6th sister ship of 2,200 TEU to address the recurrent port congestion.Mombasa is added in the port coverage to permit significant service improvement for Asia cargo bound to Somalia and transiting via Kenya hub, said a press n
Cosco Shipping Ports Buys Stake in Beibu Gulf Port
Hong Kong-based Cosco Shipping Ports has purchased a 4.34% stake in Shenzhen-listed Beibu Gulf Port Co for a total consideration of approximately RMB 470 million (USD 68 mln)."By subscribing the shares, Cosco Shipping Ports aim to further strengthen the cooperation with Beibu Gulf Port, and lay a foundation for the Company to participate in the integration of Guangxi ports. At present, Cosco Shipping Ports teams up with Beibu Gulf Port in operating Qinzhou International Container Terminal Co.…
India Endorses the Growth of Blue Economy
Indian Minister for Shipping Nitin Gadkari has said that Blue Economy is very crucial for India’s economic development. said India has a strategic location in the Indian Ocean region, and on this basis, it endorses the growth of the Blue Economy in a sustainable, inclusive and people centred manner through the framework of the Indian Ocean Rim Association (IORA).He said, India is developing its maritime infrastructure as well as its inland waterways and coastal shipping through…
China to Develop Multi Billion Dollar Deep Sea Port In Myanmar
China and Myanmar are moving ahead with a China-backed deep-sea port project in Kyauk Phyu Special Economic Zone (SEZ) , 250 miles northwest of Yangon.The framework agreement was signed by Myanmar's Deputy Minister of Planning and Finance and Chairperson of the Management Committee of the Kyaukphyu SEZ U Set Aung and President of CITIC Group Chang Zhenming, stated Chinese state media.This is the third port in India’s vicinity. China is also developing deepwater strategic Gwadar port in Pakistan in the Arabian Sea which faces the Mumbai coast.
Maersk: New Cargo Guidelines After Containership Fire
Maersk has implemented new guidelines on dangerous goods stowage that aim to improve safety practices across its fleet in the wake of the fire aboard containership Maersk Honam that killed five crewmembers earlier this year.Following the deadly fire, Maersk evaluated more than 3,000 United Nations (UN) numbers of hazardous materials in order to further understand and improve dangerous cargo stowage on board container vessels and developed a new set of principles called Risk Based Dangerous Goods Stowage.Together with the American Bureau of Shipping (ABS)…
Somalian Maritime Administration to be Fully Operational Soon
Somalia’s Department of Maritime Administration is planned to become fully operational by the end of the year, enabling the country to discharge its flag, port and coastal responsibilities effectively in line with International Maritime Organization (IMO) instruments.Somalian Government officials met at an IMO-sponsored workshop, held in Kigali, Rwanda (27-31 August) and agreed that the newly-established department, part of the Ministry of Ports and Marine Transport, should be restructured by 31 December 2018.The next steps…
Mauritius Signs Jeddah Amendment on Illicit Maritime Activity
Mauritius has become the 15th signatory to the Jeddah Amendment to the Djibouti Code of Conduct – the instrument developed and adopted by countries in the Western Indian Ocean and Gulf of Aden that has been a key factor in repressing piracy and armed robbery against ships operating in that region.The Amendment significantly broadened the scope of the Djibouti Code when it was adopted at a high-level meeting in Jeddah, Saudi Arabia in January 2017.It covers measures for suppressing a range of illicit activities…
Middle East Oil & Gas Shipping Routes are at Risk
Saudi Arabia said on Thursday it was suspending oil shipments through the Red Sea after Yemen's Iran-aligned Houthis attacked two crude tankers, underscoring risks caused by the conflict in the world's top oil exporting region.Iran, in its row with the United States over sanctions, has also threatened to block the Strait of Hormuz, the other major strategic shipping route for oil from the region and the main route for Iranian crude exports.Below are facts about region's shipping routes:Bab al-MandebAny move to block the Bab al-Mandeb…
South Africa Cruise Ports Nominated for World Travel Awards
The Transnet National Ports Authority (TNPA) operated Ports of Durban, Cape Town, and Elizabeth have been nominated for the Africa & Indian Ocean segment of the 25th annual World Travel Awards in the category of “Africa’s Leading Cruise Port 2018”.Founded in 1993, the World Travel Awards seek to acknowledge, reward and celebrate excellence across all sectors of the global travel and tourism industry. Global travel and tourism industry leaders will be recognized at the various World Travel Awards gala ceremonies, with Durban hosting the Africa and Indian Ocean segment for the third time.
Somalia, Ethiopia to Jointly Invest in Red Sea Ports
Somalia and Ethiopia announced they were jointly investing in four seaports to attract foreign investment to their two countries, the latest move in a tussle for access to ports along one of the world's most strategic waterways.After Somalia's president Mohamed Abdullahi Farmaajo hosted Ethiopia's prime minister Abiy Ahmed for a meeting at the presidential palace in Mogadishu, the two leaders issued a joint statement of pledges to cooperate on everything from the development of infrastructure including roads linking the two countries to expanding visa services to promote cultural exchanges.The
Container Shipping a 'Mixed Bag' - Drewry
South Asia container trade with Europe continues to outpace the Middle East, says Drewry in its Container Insight Weekly report.Container shipments in the combined eastbound Europe to the Middle East and South Asia trade performed well in the first quarter, rising by 5.2 percent year-on-year according to Container Trade Statistics. However, that aggregate rate hides two very different performances by the two destinations. CTS reports that inbound traffic to South Asia soared by 18 percent in 1Q18 to reach approximately 410…
Jeddah Mulls Safe and Secure Regional Waters
Signatory States to an agreement aimed at repressing piracy, armed robbery and illicit maritime activity in the western Indian Ocean and the Gulf of Aden Area have agreed that building response capability and information sharing are vital steps towards achieving a more safe and secure maritime environment. The signatories to the revised Code of Conduct concerning the repression of piracy, armed robbery against ships and illicit maritime activity in the western Indian Ocean and the Gulf of Aden Area…
US Sorghum Ship Switches Destination from Spain Back to Asia
The RB Eden vessel carrying 70,000 tonnes of U.S. sorghum turned around just before reaching the Spanish port of Cartagena and is now heading to Singapore, Thomson Reuters Eikon ship-tracking data showed.This marks the second U-turn for the ship amid a trade tussle between the United States and China. Anti-dumping measures announced by Beijing in mid-April led exporters to divert hundreds of thousands of tonnes of U.S. sorghum. But China dropped its sorghum probe on Friday in what was seen as a goodwill gesture.The RB Eden initially loaded at grain merchant ADM's elevator in Corpus Christi…
Kanoo Shipping Acquires Wallem South Africa
Kanoo Shipping, a shipping agencies in the Middle East will acquire Wallem South Africa, a provider of integrated maritime solutions in the cities of Durban and Cape Town. Wallem South Africa, now Kanoo Africa PTY LTD, was part of The Wallem Group, the world’s largest providers of Ship Management, Ship Agency, Ship Broking, Commercial Vessel Management and Freight & Logistics. The strategic acquisition by the fully owned business division of Yusuf Bin Ahmed Kanoo Group (YBA Kanoo) will give it access to all South African ports as well as clients in Mozambique…
Fifth US Sorghum Vessel Heads to Spain
The RB Eden vessel carrying 70,000 tonnes of U.S. sorghum is heading to the Spanish port of Cartagena, Thomson Reuters Eikon ship-tracking data showed, in what will be a fifth cargo of U.S. sorghum to be diverted from China to Spain.The ship had sailed towards the Spanish Canary Islands after turning around in the Indian Ocean. Having circled off the coast of Tenerife, it changed destination late on Monday to Cartagena in southern Spain, a regular import terminal for livestock feed grain, Eikon data showed.Traders had been expecting the RB Eden to go on to mainland Spain, like four other U.S.
Plans Emerge for Strategic Indian Ocean Naval Port
Indonesia and India pledged on Wednesday to step up defense and maritime cooperation, with plans to develop a strategic Indonesian naval port in the Indian Ocean, the leaders of the two countries said after meeting in Jakarta. Indonesian President Joko Widodo met Indian Prime Minister Narendra Modi to discuss, among other issues, developing infrastructure and an economic zone at Sabang, on the tip of Sumatra island and at the mouth of the Malacca Strait, one of the busiest shipping channels for global trade.
Japanese FM Visits Colombo Port
Japanese Foreign Minister Taro Kono has visited the port of Colombo in Sri Lanka. Kono was briefed by Sri Lankan government officials about a project under consideration to expand the port. The Japanese Foreign Minister also visited the newly built control tower and the Colombo Port Expansion Project currently known as the Colombo south Port. Colombo is the largest port in Sri Lanka, which is a strategically important point in Indian Ocean sea lanes. Taro Kono was briefed by the Chairman of Sri Lanka Ports Authority (SLPA) Dr.
Magufuli Bans Registration of Foreign Ships in Tanzania
Tanzanian President John Magufuli on Friday put a temporary ban on the registration of foreign ships in the country and ordered over 400 vessels to be investigated for allegations of involvement in criminal activity. The ban came after at least five foreign-owned ships flying Tanzania's flag were seized in various parts of the world carrying illegal consignments of weapons and narcotics. The maritime authority in the Indian Ocean archipelago of Zanzibar has in previous years been…
U.S., China Stumble into the Thucydides Trap: Kemp
The United States and China have fired the opening shots in a trade war that may be hard to stop. Washington has published a target list of 1,300 items imported from China worth an estimated $50 billion that would be hit with an extra tariff of 25 percent (“Notice of determination”, USTR, April 3). Beijing has responded with a target list of 106 items imported from the United States worth a similar amount that would be hit by the same ad valorem tariff (“China retaliates for U.S. tariffs”, Reuters, April 4).
Marlink Expands VSAT Coverage in the Indian Ocean
Marlink has added a new satellite to its global multi-band Sealink network, expanding its footprint in the Indian Ocean Region (IOR) and introducing even more Ku-band VSAT capacity to enable high-speed broadband connectivity for ships transiting southern routes between Asia and Africa, in addition to fishing vessels operating east of Africa’s coastline and out towards the Maldives and Seychelles. The new capacity comes from a satellite positioned in geostationary orbit at a longitude of 110° East.
Pirate Attacks Worsen in Gulf of Guinea - IMB
A surge in armed attacks against ships around West Africa is pushing up global levels of piracy and armed robbery at sea, warns the International Chamber of Commerce's International Maritime Bureau (IMB). IMB's Piracy Reporting Center recorded 66 incidents in the first quarter of 2018, up from 43 for the same period in 2017, and 37 in Q1 2016. Worldwide in the first three months of 2018, 100 crew were taken hostage and 14 kidnapped from their vessels. A total of 39 vessels were boarded, 11 fired upon and four vessels hijacked. IMB received a further 12 reports of attempted attacks.
Ships Carrying US Sorghum U-turn after China Tariffs
Several ships carrying cargoes of sorghum from the United States to China have changed course since Beijing slapped hefty anti-dumping deposits on U.S. imports of the grain, trade sources and a Reuters analysis of export and shipping data showed.Sorghum is a niche animal feed and a tiny slice of the billions of dollars in exports at stake in the trade dispute between the world's two largest economies, which threatens to disrupt the flow of everything from steel to electronics.The supply-chain pain felt by sorghum suppliers on the Pacific…
Kenyan Fishermen Win Millions for Loss of Rights to New Port
Activists hailed a Kenyan court for ordering that almost 5,000 fishermen at a 14th century World Heritage Site receive millions in compensation for the loss of traditional fishing rights due to the construction of a major port.The fishermen in Lamu, the oldest Swahili settlement in East Africa, won 1.76 billion shillings ($18 million) in compensation this week from a court in the nearby town of Malindi, which also said their rights to culture and information had been violated."We were happy with the judgment…