The Bureau of Ministers of the Shipping Organisation of Western and Central Africa meets March 22-24 in Luanda, in its fourth session, to balance the shipping activities, to help foment it and improve maritime security.
The three crew members of a Japanese tugboat who were abducted by pirates in the Malacca Strait last week are all safe, the head of the shipping company that owns the boat said Monday. Kanji Kondo, president of Kondo Kaiji Co., met the three — Captain Nobuo Inoue, 56, and chief engineer Shunji Kurod
The New York Mercantile Exchange (search) will offer futures in the booming shipping market as early as late April, a spokeswoman said on Thursday. China’s rapidly growing thirst for petroleum, iron and coal as well as its growth in exports helped to almost triple the shipping futures market to $30
The South African maritime industry could create thousands of new seafaring jobs by encouraging vessels to fly the South African flag, training more ships officers and switching to a tonnage tax, Marine Crew Services founder Robert Knutzen said yesterday.
Abu Sayyaf terrorists in the southern Philippines have trained as scuba divers in preparation for attacks on shipping outside the country, a Philippine military report says.The military’s claims are based on the interrogation of an Abu Sayyaf guerilla, Gamal Baharan, now on trial for the recent Vale
The Indian unit of Royal Dutch/Shell plans to commission its liquefied natural gas (LNG) terminal next month but is concerned Indian shipping rules may hurt its operations, government and company officials said. Shell is setting up a terminal which can handle five million tonnes of LNG a year at Haz
State-owned China Shipping (Group) Co’s dedicated oil transport arm is close to announcing a 290 mln usd deal for four Suezmax crude tankers from mainland yard Bohai Shipbuilding Heavy Industry, the South China Morning Post reported, citing a source at brokerage Simpson Spence and Young.
With the value of cargo at area docks reaching a record $114.54 billion in 2004, the Port Authority of New York and New Jersey said Wednesday it is considering more than 20 sites as possible locations for new warehouse and distribution facilities.
Bruno Peyron and his 13-man crew have (02.23) crossed the finish line at Ushant setting a new world speed record of 50 days, 16 hours, 20 minutes and 4 seconds, achieving an average speed of 22.2 knots. Not only have they broken Olivier de Kersauson’s Jules Verne record by 12 days but have totally a
Bangladesh will sign a shipping agreement with Cyprus to get priority in berthing facilities and easy shore visas for Bangladeshi sailors to the Mediterranean island. The Cyprus government has recently proposed that Bangladesh can sign such a deal to reduce shipping cost, shipping ministry officials
After Nick’s premature end to the Vend
TEAM ABN AMRO has presented in Paris, France the skipper and three core crew members for their second boat in the Volvo Ocean Race 2005/06. These experienced crew members will sail under command of the appointed skipper of the second boat, Sebastien Josse. This young Frenchman has a proven track rec
A ship that went aground in Newport Beach was towed to Long Beach for an inspection Monday, two days after it ran ashore for the second time in about a month. The Eland, a ship helping dredge the Santa Ana River.
As the count-down towards achieving the set targets for raising the Nigerian content in oil and gas projects begins, the National Petroleum Investment Management Services (NAPIMS), has said it was developing new indices that will ensure accurate measurement of local content in the projects. The Fede
