As political developments continue to unfold in Egypt, GAC is playing its part in keeping shipping moving in the country, Group Vice President for Africa, Russia & Central Asia, Erland Ebbersten is assuring clients. Despite the unrest, transits through the all-important Suez Canal have continued as normal, and port operations are being conducted as much as possible under the circumstances, he said from his Cairo office. The biggest challenge that GAC and its clients faced was the shut-down of access to internet and mobile phone networks during the first week of the crisis. “Alternative means of keeping in touch with clients had to be immediately established,” said Ebbersten. “Emails to GAC Egypt were re-routed to colleagues working abroad at the time, who coordinated with their colleagues locally, to maintain a flow of accurate, up-dated information to clients. Faxes and some land-lines were still working, so those colleagues were able to print off and fax the emails to the relevant office in Egypt. “The lack of internet interrupted our usual banking procedures, so we liaised closely with the banks and quickly set up emergency telephone banking with high security measures to ensure that Suez Canal transits and other operations dependent on the swift movement of funds continued as normal.”
Maaskant Shipyards Stellendam meets fishing sector’s growing needs by performing electric pulse fishing conversions As European fishing policies evolve, so fishing techniques advance. One of the latest technologies available is electric pulse fishing. In line with European Union regulations, a proportion of the Dutch fishing fleet is currently permitted to utilise this innovative method. With a view to supporting a sustainable North Sea fishery, Maaskant Shipyards Stellendam
Northrop Grumman Corporation’s Newport News sector has successfully redelivered the world's first nuclear powered aircraft carrier, USS Enterprise (CVN 65), to the U.S. Navy after an Extended Drydock Selected Restricted Availability (EDSRA). The redelivery took place May 7 after successful sea trials. "This accomplishment is the result of a lot of hard work by the shipbuilders of Northrop Grumman Newport News and by the Navy," said Bob Gunter, senior vice president, Aircraft Carrier Programs
A transportation operator at Northrop Grumman's Pascagoula shipyard directs a 100-ton material transporter carrying a 13,800-volt power substation past a Goliath gantry crane. The substation, moved to avoid Hurricane Dennis, was set back in place in preparation for shipyard work that will resume Tuesday.
In an unpublished decision, the U.S. Court of Appeals for the Fourth Circuit ruled that the one-year statute of limitations under the Longshore and Harbor Workers' Compensation Act (LHWCA) does not commence to run until the claimant knew or had reason to know that the injury was likely to impair his earning capacity. In the instant case, plaintiff hook man injured his back while working in a shipyard in 1993. He was temporarily out of work, but then worked regularly for four years
Washington, D.C. – National Ocean Industries Association (NOIA) President Randall Luthi today issued the following statement on the approval of HR 1229, `Putting the Gulf of Mexico Back to Work Act': “We applaud the bi-partisan passage today of HR 1229, `Putting the Gulf of Mexico Back to Work Act'. The legislation is important to oil and gas companies because it lays the foundation for consistency and reliability in the offshore permitting process
Cyprus’ MIE Group, Limassol, is arranging an exhibition of marine equipment managers and services (East Med Marine Exhibition) during 7-8th April next year (2005) at the Hawaii Grand Hotel & Resort, Limassol. Backed by the Cyprus Minister of Communications and Works, the exhibition will not only have exhibitors that use MIE as their agent in Cyprus, but also other marine equipment and service companies. Some 45 companies have already signed up for this exhibition
Gibraltar-based Gibdock has recently completed a drydocking contract for UK-based Saga Holidays. Last month, the niche cruise operator docked the 9,570gt, 139m long Spirit of Adventure for a 10 day program of works, including steel repairs to the bulbous bow and a comprehensive external clean and repaint. Richard Beards, Gibdock Commercial Director, comments: “This is another important breakthrough for the yard, as it is the first time we have had the opportunity to work for Saga
The U.S. Energy Department on Wednesday unveiled a plan for up to $4 billion in loan aid for renewable energy companies to help rejuvenate a program that faced harsh political attacks over past failures of federally subsidized projects. The Obama administration's draft plan would provide loan guarantees for innovative projects that limit or avoid greenhouse gas emissions. It will specifically focus on advanced electric grid technology and storage, biofuels for conventional vehicles
The General Ship Repair Corporation, a fixture on the Baltimore water front for nearly a century, continues to build a strong business while preparing for fourth generation ownership. General Ship Repair Corporation is as ubiquitous of a presence on the Baltimore waterfront as Under Armour, Domino Sugar and “Natty Boh.” General Ship Repair has stood strong for nearly a century since its founding by Charles “Buck” Lynch in 1924
Lawmakers who want to ditch the 40-year-old U.S. ban on exporting oil will likely enjoy a victory on Thursday in the Senate banking committee - but they are struggling to garner enough Democratic support to pass the bill in the full chamber.
Islamic State militants attacked forces guarding one of Libya's main oil ports on Thursday with a gun assault and an attempted car bomb in an escalation of their campaign in the North African state, a local security official said. Islamic State has gained ground in Libya where two rival
The General Ship Repair Corporation, a fixture on the Baltimore, Maryland waterfront for nearly a century since its founding by Charles “Buck” Lynch in 1924, has become the de facto ‘go to’ for workboat repair in the Baltimore area and is enjoying a strong year
The Navy kicked off a new program Oct. 5, designed to give high performing officers and Sailors experience at large corporations for approximately one year. Three participants began work today with Amazon in Seattle, Washington, and two with FedEx, in Memphis, Tennessee
APM Terminals has reached an agreement with Perez y Cia to acquire their majority stake in the Barcelona-based Grup Maritim TCB and its maritime services’ container terminal portfolio in Europe and Latin America. Grup Maritim TCB has 11 container terminals with an annual throughput
French naval shipbuilder DCNS and Italian rival Fincantieri are in discussions about creating a joint venture, latribune.fr website reported on Friday. The two companies agreed this summer to come up with a roadmap to determine projects on which they could cooperate
South Korea is getting serious about tackling its "zombie company" problem and will set up its first restructuring firm backed by the government and banks in November, spooked by some huge corporate losses and a darkening economic outlook.
Belships has entered into a sale and leaseback agreement with a Japanese counterpart for the ship M / S Belforest. Belforest, 61,000 dwt Ultramax bulk carrier is currently under construction at Imabari Shipbuilding in Japan and will be delivered around 25 September 2015.
The Wei-Li crane ship slipped her lines at Damen Shiprepair Dunkerque on Friday, September 11, to make the short trip up to Rotterdam after 10 days of maintenance and repairs. The 141-meter, 18,330 DWT crane ship required special dock bed arrangements, not least because of the 3
The Port of Felixstowe is creating an environmental corridor as part of the Go Green campaign launched by Hutchison Port Holdings (HPH) and a number of other global port operators. The initiative at Felixstowe will include the refurbishment of part of a system of dykes within the port
It is nighttime on a beach near the resort town of Bodrum and a group of migrants look out nervously at two ships on the horizon, wondering if they can slip past the Turkish coastguard and cross the Aegean Sea into a new life in Europe.
Danish shipping company said on Wednesday it has sold two dry bulk vessels to an undisclosed buyer and will hand back a leased bulker at the beginning of October, marking its exit from the dry bulk shipping industry. Torm Anholt and Torm Bornholm are both so-called Panamax vessels and both
The U.S. Coast Guard (USCG) has placed the International Register of Shipping (IRS) in the top bracket of those recognized organizations (RO) that consistently achieve zero detentions for its registered vessels for the third time in just six years.
Saudi-led coalition forces said on Wednesday they had seized an Iranian fishing boat loaded with weapons on its way to deliver them to Houthi fighters in Yemen. The announcement came a day after tribal fighters backed by the coalition won control of a strategic dam in central Yemen from
Weak holiday demand to pressure rates lower. Rebound seen after China returns to market on Oct 8. Freight rates for capesize bulk carriers could come under pressure next week as lower cargo volumes due to holidays in China thwart shipowners efforts to push rates higher, ship brokers said.