Category archives for: Middle East

ICS: Implementation of Environmental Regulations Major Concern

ICS: Implementation of Environmental Regulations Major Concern

In advance of a critical intergovernmental meeting next month at the UN International Maritime Organization (IMO), the International Chamber of Shipping (ICS) has called on IMO Member States to give careful consideration to shipowners’ concerns about the implementation of an avalanche of new environmental regulations, which are about to impact on ship operations at more […]

Date Set for Navingo Maritime & Offshore Career Event 2015

Date Set for Navingo Maritime & Offshore Career Event 2015

The 9th annual Navingo Maritime & Offshore Career Event (MOCE) will be held on Wednesday 22 April 2015 at the Beurs World Trade Center in Rotterdam. During the 2014 event the organizer, Navingo BV, welcomed 4.449 visitors and 131 exhibitors, making this the most comprehensive career event in maritime and offshore industry. In 2015, the […]

Crewless Battery Powered Vessels for Short Sea Shipping

Crewless Battery Powered Vessels for Short Sea Shipping

The increasing stress placed on land based logistic networks is driving the search for alternatives. One of the most promising is short sea shipping; therefore researchers at classification society DNV GL have developed “ReVolt”, a vessel that is greener, smarter and safer than conventionally fuelled and operated vessels. According to DNV GL, autonomous, fully battery […]

Drewry: Port Refinancing Set to Hike amid Interest Rates Rise

Drewry: Port Refinancing Set to Hike amid Interest Rates Rise

The prospect of higher US interest rates is set to drive increased port assets acquisition and refinancing over the next 12 months, according to Drewry Maritime Advisors, the port consultancy division of Drewry. US Federal funds target rate is projected to increase from its all-time low of 0.25% with the tapering of the Federal Reserve’s […]

Is Piracy Prosecution Model Applicable to Maritime Drug Smuggling?

Is Piracy Prosecution Model Applicable to Maritime Drug Smuggling?

In the last four years the traffic of heroin destined to Europe and North Africa has shifted dramatically from the northern routes to the southern maritime routes. Naval forces belonging to the Combined Maritime Forces (CMF) – a coalition of 30 states headquartered in Bahrain – have seized more than four tons of heroin in […]

Unmanned Vessels to Take Over Our Seas?

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. “But before this can happen, we will be seeing the technology working on an existing vessel,” according to Sintef, Scandinavia’s largest […]

Jebel Ali Cements Its Spot among Top Ten

Jebel Ali Cements Its Spot among Top Ten

Jebel Ali has made it into the latest Top 10 list of the world’s largest ports as the only port outside the Far East.  DP World Chairman HE Sultan Ahmed bin Sulayem credits  the achievement to Dubai’s visionary leadership in creating the infrastructure and the business environment to drive continuous growth. The latest container ports’ rankings […]

Demand in Developing Countries to Spur Liquid Fuels Consumption

Demand in Developing Countries to Spur Liquid Fuels Consumption

World petroleum and other liquid fuels consumption will increase 38% by 2040, spurred by increased demand in the developing Asia and Middle East, according to projections in International Energy Outlook 2014 (IEO2014), released on Tuesday by the U.S. Energy Information Administration (EIA). “The growth outlook for liquid fuels use will be largely driven by demand in the […]

Ocean Three Joins the Market

Ocean Three Joins the Market

A new shipping alliance has been formed between three boxship giants, as confirmed by the CMA CGM Group, which has signed three major agreements with China Shipping Container Lines (CSCL) and United Arab Shipping Company (UASC), forming what will be known as the Ocean Three. The alliance is  formed on the basis of a combination of […]

Bahri Takes Over Sixth VLCC from Vela

Bahri Takes Over Sixth VLCC from Vela

The National Shipping Company of Saudi Arabia (Bahri) has acquired six vessels from the Vela fleet with the latest VLCC transferred to Bahri’s ownership that took place on Monday 8 September 2014. The latest fleet addition is former Pisces Star, now renamed to Hilwah. Bahri said it would notify the concerning authority parties to issue […]

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