Despite the ailing economy, freight throughput in the port of Rotterdam grew by 1.7% in 2012. A total of 442 million tonnes of cargo went through the port. Hans Smits, President and CEO of the Port of Rotterdam Authority: “Although the growth is limited, it is another record for Rotterdam. Container
Undersecretary Benito T. Ramos on Sunday conducted an aerial inspection of areas affected by tropical depression “Quinta” and stressed that it would take months for Panay to recover from the devastations. Ramos, administrator of the Office of Civil Defense (OCD) and executive director of the Nationa
‘Vale Sohar’, one of the largest bulk carriers in the world, was welcomed to Oman by members of the North Al Batinah community headed by H.E. Sheikh Hilal bin Ali Al Habsi, Wali of Sohar. With the capacity to transport 400,000 tons of minerals and the length of four football fields, the vessel docke
In a special ceremony at Jebel Ali, DP World Chairman H.E. Sultan Ahmed Bin Sulayem has formally overseen the installation of the last of the 2752 65 ton blocks that make up the foundation of the extended quay wall of the 1 million TEU (twenty foot equivalent container units) expansion of Jebel Ali
Riverkeeper supports the EPA’s proposed plan to clean up the Gowanus Canal Superfund site and commends the agency for addressing the importance of reducing combined sewage overflows (CSOs) in addition to dredging the sediment at the bottom of the canal for proper remediation of the waterway. “We’re
Mr Lee Kian Soo, 67, founder and Executive Chairman of Ezra Holdings Limited (Ezra, the Group) stepped down after helming the company for the past 20 years. He leaves with the Group in a strong position, having achieved revenues of nearly US$1 billion in Financial Year 2012. Succeeding him is corpor
Baltic Reefer Group Ltd. and the Seatrade group of companies are pleased to announce the establishment of a new joint venture that will operate under the name of “Reefer Alliance”. “Reefer Alliance” will start operating as of the 1st January 2013 and will bring together the marketing and sales of bo
U.S. Senator Mary L. Landrieu, D-La., yesterday praised passage of legislation that will provide $60.4 billion to help recover from Hurricane Sandy and other disasters in 2012 such as Hurricane Isaac. Areas in Louisiana affected by Hurricane Isaac will greatly benefit from increased funding to FEMA’
Sydney Ports Corporation (Sydney Ports) has agreed to a request from Royal Caribbean Cruise Lines (RCCL) to allow one of its cruise ships to remain in Sydney as a major tropical storm develops in the Coral Sea. The 90,000 tonne Radiance of the Seas was due to sail from Sydney at 6:30pm on 30 Decembe
The newly established Gulf Coast Restoration Trust Fund is anticipated to provide funds to the five Gulf Coast States to restore and offset the environmental and economic impacts associated with the Deep Water Horizon oil spill. The Charlotte Harbor, Sarasota Bay, and Tampa Estuary Programs have ban
Karoon has now commenced the drilling of its first Santos Basin exploration well, with the spudding of the Kangaroo-1 exploration well at 10:00 hours (Brazilian Summer Time) BRST on 28 December 2012. As at 6:00 hours BRST on 30 December 2012, the well had been drilled to a depth of 915 metres below
In a special ceremony at Jebel Ali, DP World Chairman H.E. Sultan Ahmed Bin Sulayem has formally overseen the installation of the last of the 2752 65 ton blocks that make up the foundation of the extended quay wall of the 1 million TEU (twenty foot equivalent container units) expansion of Jebel Ali
Gerardo A. Borromeo, President and Kuba Szymanski, General Manager of InterManager issues the Presidential End Year Address as 2012 comes to a close. There is no doubt that the shipping industry continues to be challenged on a number of fronts given the prevailing global economic overhang. Shipping
DeepOcean AS (“DeepOcean”), a subsidiary of DeepOcean Group, has been awarded a call-off under the current long-term frame agreement for offshore Light construction and survey services for Statoil. Estimated contract value is more than NOK 100 million. The frame agreement includes services covering
