Petrochemical Producers Supply Chain Survey

Petrochemical Update recently reached out to their extensive network of petrochemical supply chain & logistics purchasing managers to an insight into budgets

Djibouti Gov't Rejects London Court Doraleh Decision

Container terminal

Djibouti has refused the decision of the London Court which declared seizure of DCT from DP World as illegal.

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EU's Anti-Piracy Operation Gets Extension

Op Atalanta

European shipowners: EU decides to extended the anti-piracy Operation Atalanta until the end of 2020.

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Petro-Piracy Returns to Gulf of Guinea


EOS Risk Group: Nigerian pirates have taken 35 seafarers in the Gulf of Guinea during the first half of 2018.

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DP World Says London Court Ruled against Djibouti


DP World: Court found that Djibouti’s concession termination for Doraleh Container Terminal was illegal.

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Container Shipping – Survival of the Fittest

Monte Azul, Maersk Lamanai

Only container shipping companies with the biggest fleets and most efficient vessels to turn a profit this year.

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Anti-Corruption Project in Nigeria Improves Port Calls


Danish Shipping: An anti-corruption project for ports has been completed in Nigeria with positive outcomes.

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Keppel Shipyard Names Converted FPSO for Perenco

FPSO La Noumbi

Keppel Shipyard has christened an FPSO, converted from a crude oil tanker, for Perenco's affiliate.

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Blockchain Threatens to Eradicate Trade Intermediaries


Blockchain technology is expected to have a profound impact on trade and transport.

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All Crew Kidnappings in 2018 Occurred in Gulf of Guinea


IMB report says that all 2018 crew kidnappings have so far occurred in the Gulf of Guinea in 6 separate incidents.

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Terminals in Europe, Australia Boost DP World's Performance


DP World delivers encouraging results driven by performance of container terminals in Europe and Asia.

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EGCSA: 983 Ships Opt for Scrubbers


 There were 983 ships with exhaust gas cleaning systems installed or on order as of May 31, 2018.

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Readers’ Picks of the Week ( 16-20 July, 2018)

Here are our most popular articles of last week.

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Consolidation between Top Tier Carriers Unlikely


Drewry: The consolidation between top tier carriers is unlikely due to competition laws.

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Nigeria Suspends Maersk Line, Cosco Shipping Services

Maersk Line

Nigerian Ports Authority suspended the shipping services of Maersk Line, Cosco Shipping and two other firms for ten days.

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FLNG Capex to Exceed USD 50 Bn in Next Five Years

Westwood: FLNG Capex is projected to total USD 52.8 billion over the 2019-2024 period.

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94 Large Ships Lost in 2017, Friday Most Dangerous to Sail


There were 94 total losses reported around the shipping world in 2017.

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IMO Comes to Grips with Sulphur Cap Implementation Issues

IMO working group has made some headway on the sulphur testing and verification issues.

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Liberia: Financing Charters to Be Recorded as Ship Mortgages

Liberia amends its maritime law to allow lease financing structures to be recorded as mortgages.

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Djibouti Stands Its Ground on Free Trade Zone Opening

Djibouti flag

DFPZA insists that the free trade zone is fully in line with international laws and standards.

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Suez Canal Grinds to a Halt after Multi-Ship Groundings

Suez canal

Egypt's busiest waterway has been experiencing traffic mayhem amid several groundings, collisions.

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ICTSI Wins 20-Year Concession for Sudan Box Terminal

ICTSI was chosen to operate, manage and develop the South Port Container Terminal in Port Sudan.

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Drewry: Ascent of the Charter Market Is Over

MSC Containership

The rapid growth of charter rates in the container shipping market is likely to be over.

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DP World: Doraleh Terminal Concession Is Still in Force

DP World stresses again that its concession agreement for the Doraleh Container Terminal (DTC) remains in force.

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June – a Month of Interviews


WMN breaks monthly interview record in June.

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Suez Canal Eyes More LNG Carrier Transits

LNG Carrier

Suez Canal Authority looking to attract more LNG carrier transits.

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ICS Clamps Down on Efficiency Indexing of Individual Ships

Container shipping general

ICS voiced its fierce opposition to the concept of mandatory operational efficiency indexing of individual ships.

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BW Offshore's FPSO Departs Singapore, Heading to Gabon

BW Adolo

FPSO unit BW Adolo has left anchorage in Singapore and is on its way to the Tortue field offshore Gabon.

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