SERVICES

Europe

CMA CGM inaugurates new CEVA’s headquarter
Kalmar and Maktas strike deal to reduce fuel consumption
Shell Marine secures contract for COSCO
IMO makes “positive progress” on global warming
Wärtsilä and PSA jointly develop smart technologies

North Africa

Saipem-Subsea 7 would be “the 4th largest company in their domain”
Libyan oil firm unable to pay salaries at eastern unit with parallel board
Benghazi port bustling again despite Libya’s divisions
Egypt’s Sisi appoints new Suez Canal Authority chairman
Morocco’s BMCE Bank looks to build on China ties to deliver $11 bln tech city

Middle East

Saudi Arabia approves listing of Aramco

Saudi Arabia approves listing of Aramco

Riyadh - Saudi regulators on Sunday approved state energy giant Aramco’s request to make its stock market debut, firing the starting gun on the highly anticipated offering which could be the world’s largest. The announcement paves the way for a domestic stock listing of Aramco

Umm Qasr capacity upgrade completed

Umm Qasr capacity upgrade completed

Basra - Global terminal operator International Container Terminal Services Inc. (ICTSI) has inaugurated two new berths at the Iraqi port of Umm Qasr. The additional capacity allows the port to handle 14,000 teu capacity container vessels for the first time

DP World’s new gateway to the African heart
Japan won’t join U.S. coalition to protect Middle East shipping, will send own force
Lebanese government faces calls to resign

Lebanese government faces calls to resign

Beirut - The Lebanese government faced calls to resign Thursday after thousands of furious demonstrators took to the streets across the country to protest dire economic conditions. Public anger has simmered since parliament passed an austerity budget in July to help trim a ballooning deficit

Black Sea

For Russian business, big dreams in Africa / FOCUS
Turkey boasts vessel exports

Turkey boasts vessel exports

Istanbul - Data compiled from the Transport and Infrastructure Ministry reveal that Turkey has taken significant, eye-catching steps in maritime transport, a strategic sector for global trade. One of the important initiatives was the revival of maritime transport with the removal of excise duty

New LNG-hybrid vessels for Seaspan Ferries

New LNG-hybrid vessels for Seaspan Ferries

Mangalia - Canadian transport provider Seaspan Ferries will be adding two new liquid natural gas (LNG) – battery hybrid ferries to its fleet in 2021. The 149-meter-long vessels will be constructed by Damen Shipyards Gorinchem at their Mangalia Shipyard in Romania, with construction scheduled to begin in 2019

Damen-De Beers pact, focus on Mangalia

Damen-De Beers pact, focus on Mangalia

Mangalia - On 15 May 2019,Damen Shipyards Group and De Beers Marine Namibia participated in a special steel cutting ceremony to mark the beginning of construction on a new offshore vessel. In February 2019, De Beers Marine Namibia awarded a contract to Damen to build a new crawler diamond recovery vessel

“Nothing wrong giving Russian passports to East Ukraine residents”