SERVICES

Europe

Hapag-Lloyd’s results improve in 2018

Hapag-Lloyd’s results improve in 2018

Hamburg - Hapag-Lloyd has disclosed its annual report. Based on the audited figures, the group net result increased to EUR 46 million for the year 2018 and was 13 million euros higher compared to the previous year (2017: EUR 33 million)

Heineken tests first vessel on “100% sustainable biofuel”
Uber Freight expands into Europe
Wärtsilä develops hybrid vessel for the Antarctic
Singapore’s PSA wants to grab the Baltic

North Africa

Thousands of Moroccan teachers stage protest over pay terms
Defiant judges, clerics pile pressure on Algeria’s Bouteflika
Algeria orders early university holiday as students spur protests
Libya dreams of mega port in history-laden east

Libya dreams of mega port in history-laden east

Sisah - Texas-based security firm Guidry Group confirmed to Reuters it planned to sign a 35-year deal to build and operate the project in a region once occupied by the ancient Greeks, before handing it back to the local authority.

Blocked wages, sailors caught at port of Genoa

Blocked wages, sailors caught at port of Genoa

Genova - A crew hostage of the ship, a ferry flying the flag of Morocco built almost 40 years ago. Without the possibility to go ashore and without more food on board. Seven sailors who have not received salaries for months and are hundreds of miles away from home and family

Middle East

Iraqi parliament sacks local governor after Mosul boat capsize
Iraqi PM seeks sacking of local governor after Mosul boat capsize
Diversification means growth for DP World

Diversification means growth for DP World

Dubai - This week, DP World announced a year-over-year revenue increase that would be large for any sector, and perhaps exceptionally large for ports. Worldwide, the global terminal operator saw revenues rise by 20%

Iran hopes trade channel skirting U.S. sanctions will work within weeks
EU and Qatar reach aviation agreement

Black Sea

Kerch Strait: 3 Russian shipyards sanctioned

Kerch Strait: 3 Russian shipyards sanctioned

Kerch - Canada, the United States and the EU have imposed new sanctions on Russian entities in response to the Kerch Strait incident, including three shipyards. The sanctions are a response to the encounter between Russian border forces and three Ukrainian Navy vessels at Kerch Strait in November

Russia will build 7 ships and 4 submarines

Russia will build 7 ships and 4 submarines

Moscow - Russia will build a total of seven ships and four submarines for its Navy in 2019, minister of Defense Sergei Shoigú said Tuesday: “The naval construction program … foresees in 2019 the construction of four submarines – three nuclear and one diesel-electric – and the repair of seven warships and auxiliary ships”

ICTSI expands Georgia terminal

ICTSI expands Georgia terminal

Manila - Global port management company International Container Terminal Services has inaugurated the expansion of its Batumi International Container Terminal (BICT) in Georgia

Disappointing factory activity threatens global growth
At least 10 dead as fire rages on Black Sea ships