Top News

  • UK military supply ship docks in Dubai

    Crew aboard the UK’s one-stop replenishment ship Fort Victoria say they couldn’t provide logistics and supplies to an international maritime military fleet patrolling the Gulf without the exceptional Port Rashid services it enjoys several times a year.

  • DP World to develop framework for Azerbaijan free zone

    Dubai-based global marine terminal operator DP World has entered into an advisory agreement with the Azerbaijan Ministry of Economy and the Port of Baku to develop a framework for the Alyat Free Trade Zone in Azerbaijan.

  • Nominations now open for TMS Awards

    The Maritime Standard launches its call for nominations for its 2017 Awards on 15th May.  

  • Sir Bani Yas Cruise Beach: Your Paradise on Earth

    Abu Dhabi Ports has recently opened Sir Bani Yas Cruise Beach, offering cruise ship passengers a new and unique destination with “unmatched” tourism experiences. The facility has attracted more regional cruise operators which will play a vital role in further increasing Abu Dhabi’s cruise passenger traffic, which is estimated to grow by 9 % in the 2016-17 season.

  • Bulgari Resort and Residences Dubai creates a privileged lifestyle experience

    Another high-end residential project proves UAE to be exceptionally attractive for major luxury brands. The resort and residences are one of only six places in the world where people can enjoy the richness and exclusivity of the Bulgari lifestyle  

Classification

Insurance

  • Metropolitan Life Insurance Co. NY Sells 887 Shares of Natural Gas Services...

    Metropolitan Life Insurance Co. NY decreased its position in Natural Gas Services Group, Inc. (NYSE:NGS) by 8.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,307 shares of the oil and gas company’s stock after selling 887 shares during the period. Metropolitan Life Insurance Co. NY owned approximately 0.07% of Natural Gas Services Group worth $299,000 at the end of the most recent reporting period.

  • A.M. Best Withdraws Credit Ratings of The Shipowners’ Mutual Protection and...

    A.M. Best has revised the outlooks to stable from positive and affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” of The Shipowners’ Mutual Protection and Indemnity Association (Luxembourg) (the Club).

  • Oil spill protection needed

    THE ISSUE:
    A proposed law to hold oil storage facility owners accountable is again up for debate.
    THE STAKES:
    Requiring companies to be properly insured will protect people and property around the oil storage operations.

Offshore - Oil & Gas

  • Trump budget promotes US oil, gas as it cuts oversight

    President Donald Trump is seeking more money to expedite permitting of oil and gas facilities and open federal acreage to drilling, even as he seeks billions of dollars in cuts to environmental oversight.

  • Trump appoints US offshore safety regulator

    President Donald Trump has named Louisiana regulator Scott Angelle to oversee safety of the offshore oil and gas sector as director of the US Interior Department's Bureau of Safety and Enforcement (BSEE).

  • There's a Dh606B opportunity awaiting GCC companies in...

    Azerbaijan, Kazakhstan and Turkmenistan offer attractive proposition to companies affected by oil sector slowdown

  • Al Suwaidi Marine succeeds with consistent excellence in...

    Since its establishment in Dubai in 2003, Al Suwaidi Marine has achieved a remarkable position in the boating industry. ASM is expanding to new markets and is presenting a new line of passenger boats, especially for Oil & Gas petroleum companies and touristic projects that require marine transportation.

  • E&P looks positive even though oil market remains...

    The outlook for the global independent oil and gas exploration and production (E&P) sector remains positive, Moody’s Investors Service says in a new report.

  • Iran's South Pars Oil Output Surpasses 1m Barrels

    Production from the oil layer of South Pars, the giant gas field shared between Iran and Qatar in the Persian Gulf, has exceeded 1 million barrels in less than two months, managing director of Petroiran Development Company (PEDCO) said.

Ports

  • Indian Register of Shipping expands operations in India after strengthening...

    For India, it has drafted guidelines for operation of LNG vessels and is working out a number of programmes to support development of port-related facilities.

    Indian Register of Shipping, a Mumbai-based globally recognised ship classification society has started its next phase of expansion in India after strengthening its footprint in major maritime centres abroad.

  • Mohammad praises Abu Dhabi Ports’ achievements

    His Highness Shaikh Mohammad Bin Zayed Al Nahyan, Abu Dhabi Crown Prince and Deputy Supreme Commander of the UAE Armed Forces, received a delegation from the Abu Dhabi Ports Company (ADPC), headed by Dr Sultan Ahmad Al Jaber, UAE Minister of State and ADPC chairman, on Tuesday.

  • Sohar free Port opens doors for Sri Lankan exports

    One of the fastest growing free ports in the world and one of the biggest free-ports in the Gulf Cooperation Council, Sohar has opened its doors to Sri Lanka with unparallel incentives of entry hitherto not offered by other free ports in the world-and historic Ceylon Tea, and several other Lankan sectors, are the immediate beneficiaries in the proposed win-win situation.

Finance

Shipping

  • Melbourne's next port to cost $6 billion

    Melbourne's next container port should be built near Geelong but Infrastructure Victoria says the $6 billion facility won't be needed until 2055.

  • CMA CGM launched new India-Middle East-Africa...

    CMA CGM launched second Midas container service, which will connect India and Middle East with Southern and Western Africa through the Indian Ocean. The container carrier offers its customers a new service to Africa, which will reduce the transit time and will give new ports of call to accompany its classic Midas service. CMA CGM continue developing its service in fast economic developing Indian region and the countries of Africa, trying to benefit from the economic growth of the two areas. The Midas 1 and Midas 2 services will be operated with two partners, through a VSA (Vessel Sharing Agreement) that will allow the deploying of 16 ships on 21 ports of call on both services.

  • COSCO and Qingdao Sign Silk Road Deal

    Chinese shipping and ports operator COSCO and the fully automated Chinese container port of Qingdao have agreed to cooperate to develop port businesses in China and abroad.

  • Shipping could benefit from increased world trade...

    China’s Belt and Road Initiative is slowly taking shape, as was evidenced over the course of the past few days. However, exactly how will shipping benefit from this colossal project is still a bit hazy, although most analysts would argue that the potential is there. 

  • IMO Convention ratification, US Type Approvals...

    Attributable to Thomas Kirk, Director, Environmental Performance, Global Marine, ABS

Legal & Regulations

  • Japan Coast Guard vessel to join anti-piracy drill in Vietnam

    Patrol vessel Echigo of the Japan Coast Guard (JCG) will be sent to Vietnam and the Philippines to take part in joint anti-piracy drills.

  • Coast Guard “HAS Not Been Aggressively Enforcing” Salvage And Marine Fire-...

    A top U.S. Coast Guard official admitted at a recent congressional oversight hearing that the Coast Guard “has not been aggressively enforcing the compliance” of vessel response plans filed under federal Salvage and Marine Firefighting (SMFF) regulations. The rules, derived from the Oil Pollution Act of 1990, are meant to prevent a worst-case discharge resulting from fire or explosion aboard a vessel.

  • New chairman Willum Richards to lead Association of Average Adjusters in...

    Willum Richards, the new chairman of the Association of Average Adjusters, has set out his aim to build on the work of his predecessor, Keith Martin, in advancing the Association internationally. Along with the management committee, Mr Richards will also be steering the Association through some organisational changes required by the success achieved in expanding the scope of, and interest in, the Association’s highly-regarded examinations.

Environment

Education

  • Fremont Maritime merges with MITAGS-PMI

    Seattle-based Fremont Maritime Services has merged its wide range of Coast Guard-approved basic training and safety programs, including its India Tango Marine Firefighting Training Program, into the larger MITAGS-PMI educational organization.

  • USA officials talk future

    Utica Shale Academy officials are looking at ways to enhance the shale program so students can benefit even more — both in the classroom and eventually the workplace.

  • Shell renews partnership with Philippines...

    Shell Marine has renewed its technical partnership with the University of Cebu, Philippines, Maritime Education and Training Center (UC METC).

    The partnership has been extended for a further four years under a Memorandum of Understanding (MoU) signed by Shell Marine Executive Director Jan Toschka and University of Cebu President Atty. Augusto W. Go.

  • New 38th Amendment of the IMDG Code becomes...

    From January 2018 the new 38th amendment of the IMDG Code will become mandatory. Already applied on a voluntary basis since January 2017, the amendments are quite extensive and may require additional training of your employees in order to be in full compliance. Maritime Academy’s training course has been fully revised in line with the new amendment.
    The dramatic consequences of the mishandling of Dangerous Goods continue to make the headlines the world over. We have all seen the images of spectacular explosions and fires onboard vessels and been shocked by the loss of lives, cargo and property.

  • Training for maritime law enforcement

    A three-week training course on maritime law enforcement for countries surrounding the Gulf of Aden concludes today (4 May) in Jeddah, Saudi Arabia. The course brought together specialists from 14 signatory countries* to the Djibouti Code of Conduct – the IMO instrument helping to repress piracy and armed robbery against ships in the Western Indian Ocean and the Gulf of Aden.

Women in Maritime

Techonology

Lifestyle

Dredging

  • Just In Time For Summer, Oceanside Dredging...

    Oceanside’s beaches will be wider this year and there should be fewer big black pipes snaking across the sand at the height of the tourist season, Army Corps of Engineers officials said.

  • Chinese nationals arrested for illegal sand...

    The National Bureau of Investigation (NBI) on Monday announced the arrest of 10 foreign nationals for illegally extracting minerals in San Felipe, Zambales. NBI Director Dante A. Gierran said operatives of the NBI-Environmental Crime Division (NBI-EnCD) arrested 10 foreign nationals, most of whom are Chinese were caught in flagrante operating the dredging vessel SL-D1 siphoning sand which is suspected to be black sand from the dead river and transporting its cargo to the mother vessel.

  • Hanover gets 2nd $75K dredging grant

    Getting money back for a bill that’s already been paid may sound like a fantasy, but that’s exactly what’s happening in the town of Hanover concerning last spring’s Cattaraugus Creek dredging project.

  • Seatools Introduces New Generation of DipMate®...

    Seatools has announced the introduction of the fourth-generation DipMate® backhoe dredging monitoring and control systems. The upgrade encompasses two models: the Essential and Pro. The Essential is a cost-competitive visualisation system that contains all essentials for efficient backhoe dredging. The Pro is an advanced version that can be delivered with a range of automation modules enabling operators of all skill levels to dredge safely and maximise dredging productivity.

  • Port of Weipa Maintenance Dredging About to Begin

    Maintenance dredging at the Port of Weipa is expected to begin in the following days, the North Queensland Bulk Ports Corporation Ltd (NQBP) said in its latest release.

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