Category archives for: Middle East

Shipping Industry Worried about BWM Convention Implementation

Shipping Industry Worried about BWM Convention Implementation

The global shipping industry, represented by the International Chamber of Shipping (ICS), BIMCO, Intercargo, Intertanko, World Shipping Council (WSC), CLIA and IPTA, has voiced continuing concern about serious implementation problems associated with the IMO Ballast Water Management (BWM) Convention. At last week’s IMO Marine Environment Protection Committee (MEPC), governments decided neither to discuss in full […]

Oman: IMCO Gets NAUTIS Simulators

Oman: IMCO Gets NAUTIS Simulators

A classroom of NAUTIS Desktop Trainers and a NAUTIS Instructor Station was purchased by the International Maritime College Oman (IMCO). The simulators allow the IMCO to add certified ECDIS Model course 1.27 training to its curriculum. The classroom was delivered and installed by VSTEP engineers at the IMCO premises in Sohar, Oman. IMCO purchased twelve […]

DP World’s 5th ‘Taqdeer’ Awards Held at the Palm, UAE

DP World’s 5th ‘Taqdeer’ Awards Held at the Palm, UAE

For the 5th consecutive year, DP World, UAE Region has recognised the achievements of its employees at the annual ‘Taqdeer’ Awards ceremony hosted by the premier regional port operator. The event highlights employees’ efforts to improve work processes, efficiency, reduce costs and protect the environment. Mohammed Al Muallem, Senior Vice President and Managing Director, DP […]

IMO’s MEPC Adopts Amendments to MARPOL Convention

IMO’s MEPC Adopts Amendments to MARPOL Convention

The Marine Environment Protection Committee (MEPC) of the International Maritime Organization (IMO) met for its 66th session from 31 March to 4 April 2014, at IMO Headquarters in London. The Committee adopted amendments to the MARPOL Convention to set a date for the implementation of “Tier III” standards within emission control areas (ECAs) and to […]

The Future of Maritime Security in the Indian Ocean

The Future of Maritime Security in the Indian Ocean

A shift in US foreign policy based both on changes to the threat landscape and improving domestic energy security could lead to an increase in threats to shipping within eighteen months according to David Hunkin of Dryad Maritime Intelligence. With the US strategic focus now firmly fixed on the Asia Pacific region and Iran ‘coming […]

Twenty Vessels Sold Last Week

Twenty Vessels Sold Last Week

Lion Shipbrokers said that a total of twenty vessels changed their owners last week. Namely, twelve bulk carriers, one container vessel and seven tankers have been acquired by various shippers. BULKERS M/V “SHAGANGFIRST ERA” – 181,447 dwt, blt 2010 Koyo Dockyard/Japan, NK, 9 HO/9 HA, MAN-B+W 6S70MC-C – Sold to undisclosed buyers for $54 – […]

Top News of the Week March 31 – April 5, 2014

Top News of the Week March 31 – April 5, 2014

Two Missing after Ship Collision off Spain Singapore-flagged car carrier Baltic Breeze collided with a Spanish fishing vessel near the Port of Vigo, Spain Tuesday morning. Universal Marine Orders Four Boxships Dutch shipper Universal Marine has placed an order, its biggest yet, for four 2,350 TEU containerships to be built at Sainty Marine Corp. Ltd. […]

JinHai Heavy Wins Arbitration Case against Gulf Navigation

JinHai Heavy Wins Arbitration Case against Gulf Navigation

Dubai-based shipper, Gulf Navigation has lost an arbitration case in the United Kingdom related to the dispute with Chinese shipbuilder Jin Hai Heavy over the shipbuilding contract for two very large crude carriers (VLCCs). The contract for two VLCCs dates back to 2011 and concerns a group of Chinese shipbuilding companies including Jin Hai Heavy Industry, Zhoushan […]

KR-CON – World’s First Mobile App Containing IMO Conventions

KR-CON – World’s First Mobile App Containing IMO Conventions

Korean Register (KR), an IACS member classification society, has released the world’s first mobile app containing all up-to-date IMO conventions. This brand new facility is based on KR’s award winning KR-CON software which is an international database program containing the full up-to-date texts of all IMO Conventions, Codes, Resolutions and Circulars. It enables users to […]

Fearnleys: Newbuilding Prices Stabilized

Fearnleys: Newbuilding Prices Stabilized

Newbuilding prices seems to have stabilized somewhat. A shortfall and bleak outlook for offshore newbuilding orders forces yards to look harder at pure shipbuilding activity, shifting their exposure to their core business. Although too early to say, prices might be taking a breather after the hefty contracting activity in 2nd half of 2013, going sideways […]

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