Category archives for: Africa

Infograph: Tanker Sizes 101

Infograph: Tanker Sizes 101

The global crude oil and refined product tanker fleet uses a classification system to standardize contract terms, establish shipping costs, and determine the ability of ships to travel into ports or through certain straits and channels, T. Mason Hamilton of U.S. Energy Information Association explains. This system, known as the Average Freight Rate Assessment (AFRA) […]

Arctic Ice Dwindling, Antarctica Levels Reach 30-Year Highs

Arctic Ice Dwindling, Antarctica Levels Reach 30-Year Highs

The area of sea ice in the Arctic fell to a summer minimum of around 5.0 million square kilometres this year, which is about 1.6 million square kilometres more than the record low in 2012. However, according to sea ice physicist Marcel Nicolaus from the Alfred Wegener Institute (AWI) and Lars Kaleschke from the Hamburg […]

UAE Halts Libya-Bound Shipments

UAE Halts Libya-Bound Shipments

Amid growing security issues spurred by the crisis in Libya, U.A.E. port authorities issued instructions to cease loading containers for export and transshipment bound for Libyan ports, effective immediately, Danish-headquartered shipping company Safmarine said. “As advised by the port authorities, containers bound for Libya will be held at the port and will not be loaded on the […]

Port Owners and Operators Overwhelmingly Optimistic

Port Owners and Operators Overwhelmingly Optimistic

The latest Barometer Report from Trelleborg, which discusses the issues impacting ports and terminals around the globe, has revealed the most optimistic outlook on investment since the annual industry survey began in 2010. 93% of port owners and operators are expecting capital expenditure budgets to increase over the next twelve months and 88% are expecting operational […]

Fewer Yards Delivering Ships on Global Scale

Fewer Yards Delivering Ships on Global Scale

The global dowturn in contracting activity has seen various fluctuations in the newbuilding tonnage delivered together with variations in the number of yards delivering ships (1,000 GT and above), according to the latest report on shipbuilding issued by London-based Clarksons. “In 2005, 334 yards delivered almost 1,600 ships of 72.2m dwt. This rose to 576 yards […]

IMO Finalizes LNG Use Rules

IMO Finalizes LNG Use Rules

United Nations’ International Maritime Organization (IMO) has finalized draft consolidated, internationally binding regulations on the use of liquefied natural gas. The regulations were finalized at the annual session of the IMO Sub-Committee on the Carriage of Cargoes and Containers (CCC 1), where the member States agreed on the contents of the new international code. The […]

Cotonou Port Authorities Issue Anti-Ebola Measures

Cotonou Port Authorities Issue Anti-Ebola Measures

Following the outbreak of the Ebola Virus in West Africa, Cotonou port authorities have taken several preventive measures to fight the spread of the virus. For all vessels calling Cotonou port, Benin the agent is required to send to the Harbor Master office a port of call list mentioning the last 10 ports of calls, […]

Drewry: Tanker Market to Remain Volatile

Drewry: Tanker Market to Remain Volatile

The Drewry All Earnings Index, which covers the main bulk shipping markets, fell 20% in August and stood at 152, according to the Shipping Insight report published by shipping consultancy Drewry. The index was held back by weaker tanker and LPG charter rates, but overall earnings would have fallen further were it not for some […]

Hundreds Feared Dead as Boat Sinks off Libya

Hundreds Feared Dead as Boat Sinks off Libya

The Libyan navy has reported sinking of a boat, carrying close to 250 African immigrants trying to get to Europe, off the coast of Libya, on Sunday, September 14, according to Reuters. Libyan navy spokesperson reported that out of approximately 250 people estimated to have been aboard the boat that sunk off Tajoura, 26 have been rescued […]

Readers’ Picks of the Week (Sep 08-14, 2014)

Readers’ Picks of the Week (Sep 08-14, 2014)

Unmanned Vessels to Take Over Our Seas? Researchers at Norwegian Marine Technology Research Institute (MARINTEK) believe that in ten to twenty years time there will be 200 metre cargo vessels plying the oceans without the need of a captain or crew.…Read more Limited Data Put Svendborg Maersk in Dire Straits The Danish Maritime Accident Investigation […]

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