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Europe

Pirate attacks multiply in the Gulf of Guinea

Pirate attacks multiply in the Gulf of Guinea

London - Piracy increased on the world’s seas in 2018, with a marked rise in attacks against ships and crews around West Africa, the International Chamber of Commerce’s International Maritime Bureau’s (IMB) latest annual piracy report reveals

Hamburg “prepared for the worst of Brexit scenarios”
CMA CGM unveils new Ocean Alliance agreement

CMA CGM unveils new Ocean Alliance agreement

Marseille - The CMA CGM group has announced that its chairman and chief executive officer, Rodolphe Saadé, signed with the executives of COSCO SHIPPING, Evergreen and OOCL the launch of Ocean Alliance Day 3 Product

“A no-deal Brexit must be avoided”
PetroChina boosts European LNG activity with Yamal cargoes

North Africa

Pirate attacks multiply in the Gulf of Guinea

Pirate attacks multiply in the Gulf of Guinea

London - Piracy increased on the world’s seas in 2018, with a marked rise in attacks against ships and crews around West Africa, the International Chamber of Commerce’s International Maritime Bureau’s (IMB) latest annual piracy report reveals

China’s foreign trade jumps 16%

China’s foreign trade jumps 16%

Beijing - China’s foreign trade jumped year-on-year to €3.4 trillion in the first 10 months of 2018. Imports surged 20.3 percent while exports grew by 12.6 percent

China’s Expo attracts 1,000 firms from Belt and Road countries
ABB tests fuel cells for ship propulsion

ABB tests fuel cells for ship propulsion

Oslo - ABB Marine, part of the Swedish-Swiss robotics, automation and electrical group, and Norway’s research firm Sintef Ocean have undertaken groundbreaking research to test the viability of fuel cells as an energy source for ship propulsion

Egypt purchases 180,000 tonnes of Russian wheat

Middle East

Pirate attacks multiply in the Gulf of Guinea

Pirate attacks multiply in the Gulf of Guinea

London - Piracy increased on the world’s seas in 2018, with a marked rise in attacks against ships and crews around West Africa, the International Chamber of Commerce’s International Maritime Bureau’s (IMB) latest annual piracy report reveals

Qatar’s ports record highest annual growth

Qatar’s ports record highest annual growth

Doha - Qatar’s ports have delivered an impressive performance last year with all round growth in all the segments. The ports in the country achieved highest annual performance in containers, vessels and livestock segments in 2018

ENI acquires majority in two Abu Dhabi’s concessions
ZIM and 2M Alliance expand their cooperation
Saudi Arabia’s “biggest investment ever” in Pakistan

Black Sea

Two dead as coal ship in distress off Turkey

Two dead as coal ship in distress off Turkey

Istanbul - Two people died and another four were missing on Monday after a ship carrying coal sent a distress signal off the northern coast of Turkey, the coast guard and the local governor’s office said. The Panama-flagged vessel, which departed from Russia’s Azov port, sent out a distress signal

Sovcomflot to add three more LNG fuelled vessels

Sovcomflot to add three more LNG fuelled vessels

Moscow - Sovcomflot, a pioneer in adopting LNG as the primary fuel for large-capacity oil tankers, placed an order with Russia’s Zvezda shipbuilding complex in late December for three product carriers of 51,000 dwt each that will also use LNG as their main fuel

New opportunities in Ukraine for power plants

New opportunities in Ukraine for power plants

Kiev - On 10 December 2018, the Ukrainian President signed Law No. 2628-VIII dated 23 November 2018 “On Amendment to the Tax Code and Certain Other Legal Acts of Ukraine in Relation to Improvement of Management and Revision of Certain Taxes” (the “Law”)

Poroshenko announces end of 30-day martial law

Poroshenko announces end of 30-day martial law

Moscow - Ukraine’s leader has announced an end to the 30-day martial law imposed after Russia seized Ukrainian ships in the Black Sea. Ukraine announced martial law last month after Russian coast guards fired at and seized three Ukrainian ships and their crews

Glogos with Cooperative for Salt Harvester

Glogos with Cooperative for Salt Harvester

Constanta - In cooperation with Breakbulk Transportation,Glogos LLC delivered a super-heavyweight salt harvester from Kansas via Port of Houston to the Port of Constanta. To begin the job, Glogos took the 286 T cargo and separated it into 49 pieces