Top News

  • Abu Dhabi Ports Launches Khalifa Port Free Trade Zone to European Market at Hannover Messe

    Largest Industrial Global Gathering sees Massive interest in Newly Awarded Free Zone Area in KIZAD

    Abu Dhabi Ports, the master developer, operator and manager of the Emirate's commercial and community ports as well as Khalifa Industrial Zone (KIZAD), is participating in Hannover Messe Exhibition, the world's leading industrial fair, held in Germany, from 24-28 April, 2017 for the seventh consecutive year. This year, Abu Dhabi Ports chose this global platform to announce the largest free zone area in the Middle East, to the European market.

  • Nakilat Says Expanding Shipmanagement Activities Need Synergies with Partners To Succeed

    Nakilat organised the 21st Qatar Project Shipping Forum (QPSF) in London from 18th– 19th April 2017. The bi-annual Forum gathered Nakilat’s joint venture partners, ship operators and charterers to discuss numerous matters concerning the Nakilat fleet as well as the general shipping and maritime industry. This semi-annual Forum brings together many owners of leading international shipping companies along with ship charterers such as Qatargas and RasGas.

  • In Response to the “Year of Giving” Initiative Abu Dhabi Ports and Emirates Red Crescent Sign an...

    Abu Dhabi Ports, the master developer, operator and manager of the Emirate's commercial and community ports as well as Khalifa Industrial Zone, signed an MOU with Emirates Red Crescent to promote humanitarian partnership between the two entities, in response to the “Year of Giving”.

  • Dubai Maritime City Authority reiterates call for strict safety compliance among floating...

    Move part of efforts to make Dubai one of the world’s leading maritime hubs with highest safety standards  

    The Maritime Inspection Department of the Dubai Maritime City Authority (DMCA), the government authority charged with regulating, coordinating, and supervising all aspects of Dubai’s maritime sector, continues to follow-up with all owners of floating restaurants operating in the emirate to strictly adhere and comply with the DMCA’s safety and high quality operational requirements in light of the increasing maritime traffic in Dubai in order to ensure the enhancement of maritime safety and the efficiency of maritime navigation within Dubai waters.

  • Abu Dhabi Ports Annual Football Challenge Kicked off

    Abu Dhabi Ports, the master developer, operator and manager of the Emirate's commercial and community ports as well as Khalifa Industrial Zone, announced the kick off of their annual Stakeholders & Partners Football Tournament 2017. The tournament, which is the second to take place, has become known to attract highly competitive teams from different partners and stakeholders of the ports.

Classification

  • DNV GL launches new PSC Planner application

    Classification society DNV GL has launched a new application on its My DNV GL portal – the Port State Control (PSC) Planner. The PSC Planner has been designed to help ship owners, managers and operators increase their operational efficiency by giving them an overview of a vessel’s or fleet’s PSC performance and to benchmark that performance against the IACS classed world fleet. It also helps the crew on board by showing them particular areas to focus on when they are preparing for their next inspection.

  • ABS Chairman, President and CEO Reports Strong Performance, Identifies Drivers for the Future

    ABS, a leading provider of classification and technical services to the marine and offshore industries, held its 155th annual meeting in New York. The meeting brings together ABS Members, representing industry, government and academia, to hear directly from ABS leadership on the performance and future focus of the organization.

  • How are monitoring reporting solutions impacted by MRV?

    One of the highlights of HullPIC 2.0, the hull performance and insight conference in March 2017, is the contribution by Torsten Büssow and Jarle Blomhoff about how monitoring reporting solutions are impacted by MRV.

Insurance

Offshore - Oil & Gas

  • Rally to protest reopening process for offshore oil leases

    In response to an anticipated executive order from President Donald Trump that may reopen offshore oil leases on the Atlantic Coast, two local environmental groups will hold a rally and press conference.

  • Trump to Sign Executive Orders That Enable Drilling and...

    U.S. President Donald Trump this week will sign new executive orders before he completes his first 100 days in office, including two on energy and the environment , which would make it easier for the United States to develop energy on and offshore.

  • Introducing AkzoNobel's innovative protective coatings...

    AkzoNobel, a leading global paints and coatings company, is underlining its commitment to invest in the country and expand its presence by participating in the Iran Oil Show 2017

    AkzoNobel will be presenting a selection of its innovative protective coatings products at the show, which takes place from 6 - 9 May in Tehran. These include its international brand of innovative products from Chartek, Interchar, Ceilcote and Enviroline product ranges, used in industries including oil and gas, mining and power – all high-growth sectors in Iran.

  • Iran opens new South Pars gasfield phases worth $20b

    The move paves the way for Iran to surpass the production levels of neighbouring Qatar, which shares half the offshore gasfield

  • Offshore wind farms offer subsidy-free power for first time

    German’s electricity grid regulator approved bids to build what will be the first offshore wind farms that depend entirely on market prices instead of government support and subsidy.

  • ONGC uses offshore design and analysis software to...

    A public-sector undertaking of the government of India headquartered in Dehradun, ONGC is a multinational corporation and the country’s largest oil and gas exploration and production company. It began oil exploration and production offshore India in 1976, and today operates 265 fixed platforms in water depths ranging from 25-90 m (82-295 ft). Most of the jacket-type platforms designed for 25 years of service had outlived their design lives. Some platforms underwent modifications to meet changing conditions or to enhance oil recovery, while others were considered noncompliant with Oil Industry Safety Directorate (OISD) requirements.

Ports

  • 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.

  • Polaris Ships Jebel Ali Filtration Units

    Breakbulk handler Polaris Shipping Agencies has moved a cargo oversized filtration purifying equipment and accessories to Newport in the U.S. from Jebel Ali Industrial Area, Dubai.

Finance

  • Owners seek secondhand refinancing but lenders show little interest

    With less new ships being ordered amid the severe oversupplied shipping market and vessel assets changing hands in light of restructurings, owners are starting to seek refinancing for secondhand tonnages, but bankers have expressed little or no interests in entering into deals for such passed down assets.

  • EIB signs agreement of 150 million euros to finance green shipping

    The European Investment Bank and Dutch bank ABN Amro will sign an agreement today to support investments for greening the European shipping fleet. This framework is the first with a financial institution in the Netherlands and is supported by the “Connecting Europe Facility” and was made possible by the ”EFSI” (European Fund for Strategic Investments), central pillar of the Juncker Commission’s Investment Plan for Europe.

  • Japan and EU Protest DSME Bailout from S. Korean Government

    Japan and the European Union officially raised concerns over the Korean government’s latest 2.9 trillion won ($2.5 billion) bailout plan to rescue cash-strapped Daewoo Shipbuilding & Marine Engineering at a working group meeting of the Organization for Economic Cooperation and Development in Paris, a government official said Wednesday.

Shipping

  • Norway First to Join HNS Shipping Treaty

    Norway has become the first country to become a contracting state to a key compensation treaty covering the transport of hazardous and noxious substances (HNS) by ship.

    The HNS Convention establishes the principle that the 'polluter pays' by ensuring that the shipping and HNS industries provide compensation for those who have suffered loss or damage resulting from an HNS incident.

  • Shipping lines unprepared for cyber breaches

    Most shipowners today have not conducted comprehensive risk analysis to cyber breaches leaving the global merchant fleet very exposed to online attacks. That’s the view of Ronald Spithout, the president of satellite communications giant Inmarsat Maritime.

  • OPEC Chief Sees Oil Producers Closer to Re-...

    Oil-producing nations are moving closer toward ending a global glut and re-balancing the crude market, and OPEC will decide next month whether to extend its cuts in output beyond June, the group’s Secretary-General Mohammad Barkindo said.

  • Cosco Shipping and Hisense ink strategic...

    China Cosco Shipping Corporation Limited (Cosco Shipping) and compatriot electronics manufacturer Hisense Co have inked a strategic cooperation.

  • ADANI GROUP EYES GLOBAL EXPANSION

    Adani Ports and Special Economic Zone Ltd (APSEZ), India’s biggest private port operating firm, will begin a feasibility study into building a greenfield multi-purpose port mainly for handling containers at Carey Island in Malaysia’s Selangor state, about 50 km southwest of the capital, Kuala Lumpur.

Legal & Regulations

  • Costly bilge water non-compliance is subject of new Alfa Laval white paper

    A new white paper from Alfa Laval addresses ship owner concerns to ensure vessel compliance with bilge water regulations worldwide. Even if a traditional system with type approval is operating on board, the paper states, there are still risks of violating applicable laws and damaging the marine environment.

  • Safety first: building a ‘safety climate’ is key to avoiding marine accidents

    Located at the gateway to southern China and the centre of the fast-developing Asia-Pacific trading basin, the Hong Kong port has always played a key strategic role in the economic development of the city.

  • Shipping industry faces seismic shift in 2020 as sulfur cap looms

    In 2020 the shipping industry is facing its biggest change since the shift away from burning coal a century ago as the IMO is set to impose a new 0.5% sulfur cap on marine fuel emissions. S&P Global Platts associate director Paul Hickin and editorial lead for bunker news Jack Jordan assess the readiness of the industry for the changes ahead, as well as the likely options for shipowners in coping with the stricter emissions regulations.

Environment

  • New fisheries rules strengthen data collection

    A new regulation simplifying and strengthening the current system for the collection of biological, environmental, technical and socio-economic data in the fisheries sector has been adopted by the European Council.

  • Turkey raises fines for marine pollution caused by ships by 41 pct

    The Ministry of Transport, Maritime Affairs and Communication has raised the fines for pollution caused by vessels by 41 percent, and has implemented stricter regulations after a ship hit rocks and spilled 50 tons of fuel in western Turkey.

  • DEWA launches 3rd cycle of Carbon Ambassadors programme

    Dubai Electricity and Water Authority (DEWA) has launched the 3rd cycle of the Carbon Ambassadors programme, to encourage creative young people and enhance knowledge capabilities. The announcement was made during a session titled ‘Future Foresight’ that DEWA organised today. It was attended by HE Saeed Mohammed Al Tayer, MD & CEO of DEWA, DEWA Executive Vice Presidents, and officials from a number of government and private organisations including Ministry of Climate Change and the Environment, Dubai Police, Dubai Municipality, Dubai Roads and Transport Authority (RTA), Dubai Economic Development Department, the Mohammed bin Rashid Space Centre, Dubai Airport Free Zone, Dubai Carbon Centre of Excellence, Emirates Central Cooling Systems Corporation (Empower), and a large number of university students.

Education

Women in Maritime

Techonology

Lifestyle

  • "Pink Gin VI" Rolled Out

    The latest yacht to bear the name Pink Gin has emerged at the Baltic Yachts facilities in Finland. "Pink Gin VI" was rolled out of the yard's inland facilities in Bosund and was trucked to their waterfront property in Jakobstad where she will be prepared for actual launch next month. Actually, her launch into the water is planned for May 12th.

  • Top Superyachts to Charter at The Cannes Film...

    Between 17 to 28 May in the heart of Cannes, the Old Port will play host to those visiting the 70th Annual Film Festival as one of the most enviable events on the French Riviera. With an atmosphere that welcomes attendees with excitement and elegance, we take a look at the top superyachts still available for charter in this cultural hot-spot.

  • Couach Yachts 2300 Fly hull #5 ready for delivery

    23-metre Fly, fast-planing Couach yacht, has been launched at the end of March and is now ready for delivery. 

  • Heesen Launches Project Nova as Superyacht '...

    The latest superyacht to emerge from the Heesen Yachts shipyard in Oss is Project Nova (YN 17850); the world’s first Fast Displacement yacht with hybrid propulsion.

    Christened ‘Home’ by her owner on Friday 14th, this 50-metre cutting-edge milestone represents yet another step forward for the innovative shipyard and a major new addition to the global fleet.

  • Maldives – The tropical paradise for luxury...

    The Maldives exudes a distinct charm that allures luxury seeker. An archipelago of 1,192 coral islands, it appears to travelers as a fairytale story where all the wishes come true and leads to a happy ending. No wonder, it continues to be the favourite spot for lovers, families and newly wedded couples.

Dredging

  • Australia: trailing suction hopper dredger for...

    A trailing suction hopper dredger ordered by Gippsland Ports of Victoria, Australia, in December 2015 has been been launched at Damen Yichang Shipyard in China.

    The vessel, Tommy Norton, is now alongside the yard’s new quay undergoing final commissioning, after which she will sail for Shanghai to undertake sea trials. Once those are completed she will sail for Australia on her own keel for dredging trials and delivery. The official handover will take place in August.

  • Australia’s east coast to fund dredging strategy...

    The New South Wales government has announced an 8-million-Australian-dollar (six million U.S. dollars) coastal dredging strategy on Wednesday, aimed at improving the state’s ports and harbors.

  • US: DREDGING TO BEGIN IN PONCE DE LEON INLET

    Maintenance dredging of Ponce de Leon Inlet is scheduled to begin April 11 and provides an interim solution to sand deposited in the inlet by Hurricane Matthew. Dredging keeps the channel open for safe navigation for as long as possible through summer 2017.

  • United Arab Emirates stocks lower at close of...

    United Arab Emirates stocks were lower after the close on Sunday, as losses in the Transport, Insurance and Finance & Investment sectors led shares lower.
    At the close in Dubai, the DFM General fell 0.32%, while the ADX General index lost 0.52%.

  • UAE's P&O Ports wins $336mln 30-year...

    P&O Ports,owned by the Government of Dubai, has won a 30-year concession for the management and development of a multi-purpose port project at Bosasso in the Puntland State of Somalia. The approximate investment for the modern multi-purpose facility will be USD $ 336m (approx. AED 1.235b) divided into two phases: USD $136 million (approx. AED500m) for Phase 1 and USD$ 200 million (approx. 745m) for phase 2.

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