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East Africa

APL Offers New East Africa Service

APL launched a new East Africa Express (EAX) service. The weekly EAX service will connect the Indian subcontinent and Arabian Gulf to East Africa. Trade from the Far East bound for East Africa will depart from Colombo, Sri Lanka, and Nhava Sheva in India. The port at Nhava Sheva will also serve cargoes originating from the Indian subcontinent and Arabian Gulf, alongside ports in Pakistan and the United Arab Emirates. Jason Wong, APL’s Vice President, Intra-Asia, Middle East & Australia Trade, said: “Africa is an expanding economy which continues to report impressive GDP growth, averaging about 5% annually in the past six years. In East Africa, economic growth is projected to accelerate to around 6% in 2007 and 2008. To leverage on the region’s strong growth potential, APL is extending its footprint into East Africa to provide customers with consistently high-quality transportation services.” The EAX port rotation is: Colombo (Sri Lanka) – Dar Es Salamm (Tanzania) – Mombassa (Kenya) – Nhava Sheva (India) – Port Qasim (Pakistan) – Jebel Ali (UAE) – Mombassa (Kenya) – Dar Es Salamm (Tanzania) – Colombo (Sri Lanka).


Swire Oilfield Services Strengthens East African Presence

Dan Davies

Swire Oilfield Services, a global supplier of cargo carrying solutions, modular systems, offshore aviation services and fluid management, is strengthening its newly established presence in Kenya, East Africa with the appointment of Dan Davies as the new commercial manager.   Dan will be responsible for the commercial activity across East Africa and further developing business in Kenya, Tanzania, Uganda, Madagascar and the wider East African region.  


Thailand Proposes New Silk Road

Thailand at forefront of movement to build a 21st century network of land, sea and air routes to strengthen Asia. The Silk Road was a centuries-old network of linked trade routes across the Afro-Eurasian landmass that connected East, South and Western Asia with the Mediterranean and European world, as well as parts of North and East Africa. Thailand has been in the forefront of efforts to create new and better trade routes


Jaya Reports 2013 Earnings

Offshore energy services provider, Jaya Holdings Limited has reported consolidated revenue of $29.6 million and net profit of $7.6 million for the financial quarter ended September 30, 2013. The group’s revenue for the quarter under review was $29.6 million. Excluding the vessel sale, the quarter’s revenue was 12% higher than the previous corresponding quarter. This was due to improved charter utilisation of 91% compared to 84% in the previous corresponding quarter


ASRY, ABB Industries Sign Agreement

ASRY signs ABB pact: (L to R) Magdy Mustafa, Nils Kristian Berge, John Fyfe

ABB Industries to open new workshop in ASRY, providing certified turbocharger expertise, global warranties, and onsite access to worldwide network Ship and rig repair specialist ASRY reports that it has signed a co-operation agreement with ABB Industries (LLC), Dubai, a division of ABB Turbocharging, a leader in the manufacture and maintenance of turbochargers for two-stroke and four-stroke engines for various types of vessels


KPA: Striking Mombasa Port Workers Must Return by Friday

The Kenya Ports Authority said on Thursday striking workers at the Mombasa port should resume work by Friday morning or lose their jobs, and that normal activities at East Africa's biggest port will resume July 6. The workers are disputing higher deductions for the government's national health insurance scheme, officials said. "Any employee who will not report or discharge his or her duties will be deemed to have forfeited their appointment


MacAndrews Upgrades Indian Ocean Service

MacAndrews has upgraded the existing tonnage on its Swahili Express Service, which provides a regular container service between the Indian sub-continent, the Middle East/Gulf and East Africa, with a new vessel. The new ship, MacAndrews SWALA, is 1100 teu capacity and is one of two vessels in the service which has a nine-day sailing frequency and calls at Khor Fakkan, Karachi, Nhava Sheva, Jebel Ali, Dar es Salaam and Mombasa with a 28-day round voyage time


Seaarland and Motia Act on Piracy

The 149,990 dwt suezmax tanker Elisewin was built in 2002 at NKK and is on long term time charter to Seaarland.

Seaarland group of companies and Motia Compagnia di Navigazione have acted to ensure the safety of their crews, ships and cargoes until the escalating piracy situation off East Africa and in the Gulf of Aden is brought under control. Antonio Zacchello, managing director of Seaarland group of companies and Motia, says, “We at Seaarland and Motia feel we have to act to protect our crews from piracy attack. Accordingly


Tanzania Receives $565m to Expand Port

Tanzania signed a $565 million deal on Friday with the World Bank and other development partners to expand its main port of Dar es Salaam, part of plans to boost the east African nation's role as a regional trade hub. Tanzania wants to lift capacity to 28 million tonnes a year by 2020 from the 14.6 million tonnes it handled in the financial year 2013/14. The World Bank said in May that inefficiencies at the port cost Tanzania and neighbours up to $2.6 billion a year.


EMAS Offshore Launches Singapore Listing

ecollogo.jpg

EMAS Offshore boosts profile amongst international investment community by providing Asian platform for growth;  Singapore public offer opens at 6.00 p.m. today and closes at 12.00  noon on 2 Oct 2014.   EMAS Offshore Limited (“EMAS Offshore”, or the “Group”), formerly known as EOC Limited (“EOC”), is pleased to announce the launch of its public offering of shares following the registration of its prospectus (the “Prospectus”)


Kenyan Port Workers Strike Over Higher Health Costs

More than 2,000 workers at East Africa's biggest port in Kenya's coastal city Mombasa went on strike on Wednesday protesting an increase in the amount they will have to pay for state-run health insurance.   Cargo ships remained unattended as workers gathered and held discussions in groups


US Forecaster sees El Nino Likely into N. Hemisphere Spring

A U.S. government weather forecaster on Thursday warned that much-watched El Nino conditions are likely to last another nine months, potentially roiling global crops and commodities prices. The National Weather Service's Climate Prediction Center projected a more than 90 percent chance that El


Tanzania: Dar es Salaam 2015 Port Volume to Increase

Cargo volumes at Dar es Salaam port are expected to rise as much as 25 percent this year, helped by expanded capacity and improved efficiency, Tanzanian president Jakaya Kikwete said in his last address to parliament before an election in October.


RBS to Exit Greek Shipping Portfolio

Image: Royal Bank of Scotland Group PLC

 Royal Bank of Scotland Group PLC is winding down its Greek operation and is looking to sell its USD5 billion shipping loans portfolio, Reuters reported on Saturday.   Citing finance sources familiar with the plans, Reuters said the move was part of the UK state-backed bank's efforts


Tanzania's Port Authority Head Suspended

Photo: Tanzania Ports Authority

The acting director of Tanzania's port authority has been suspended pending an investigation into allegations he violated procurement procedures, officials said on Tuesday. The suspension comes at a time when the Indian Ocean port of Dar es Salaam


Cheng Ho Maritime Sea Route Inaugurated

China’s Admiral Cheng Ho (Zheng He) (1371-1435) Image by Ministry of Tourism, Republic of Indonesia

 Indonesia's Coordinating Maritime Affairs Minister Indroyono Soesilo inaugurated on Saturday the Cheng Ho sea route package aimed at attracting mainly Chinese tourists.   The tourism route is named "The Cheng Ho Sea Route: Archipelagic Sailing" after the legendary Chinese


Maersk Publishes Sustainability Report

Photo: Maersk

Having launched a new sustainability strategy last year, the Maersk Group has published its 2014 sustainability report, covering aspects of the group’s 2014 sustainability performance including human rights, anticorruption, responsible procurement, diversity


E-marine Begins Fleet Expansion

CS Maram (Photo: E-marine)

E-marine, a provider of submarine cable installation and repair solutions in the Middle East and Sub-Continent region, has unveiled plans to expand its fleet of cable ships in 2015, with the first ship, the CS Maram, beginning dock trials ahead of its maiden voyage this year.  


Tanzania Dreams Big with Port Project

Map

  In its heyday, Bagamayo was a gateway to the heart of Africa for colonisers, with trade goods surging in from the Indian Ocean, and timber, ivory and countless slaves exported from the east coast harbour. Then Bagamoyo, which looks out towards the island of Zanzibar


Asia VLCC Rates: Ample Tonnage, Few Cargoes

Owners resist charterers moves to force rates under W50; West Africa cargo volumes remain steady. Rates for very large crude carriers (VLCCs) on key Asian routes will face further pressure next week even as owners resist attempts to push rates lower, brokers said.


Soo Locks Open for Great Lakes Shipping Season

At 12:01 a.m. on Wednesday, the U.S. Army Corps of Engineers officially opened the Soo Locks for the start of the 2015 Great Lakes shipping season.   The locks at Sault Ste. Marie, Michigan are among 16 locks that form the Great Lakes St


CMA CGM Acquires India's LCL Logistix

CMA CGM has acquired a 60 percent stake in India's LCL Logistix as it tries to expand in freight forwarding services, the French shipping group said on Wednesday. CMA CGM, the world's third-largest container shipping firm, did not disclose the price of the deal to buy Mumbai-based LCL Logistix


CMA CGM Acquires Stake in LCL Logistix

The CMA CGM Group informs it has taken a strategic stake in the 25-years old Indian logistics company LCL Logistix, via the group’s freight forwarding and logistics solutions subsidiary CMA CGM LOG.    CMA CGM LOG said it reinforces its position in India and will leverage LCL


Panalpina Acquires Egyptian Agent Afifi

Photo: Panalpina

Switzerland-based supply chain solutions provider Panalpina is to acquire its Egyptian agent Afifi, a family-owned company specializing in freight forwarding, customs clearance and logistics. The move is an important step in Panalpina’s continued strategic expansion in growth economies


PSA International Ventures into South-Western China

PSA-International Ventures South China Photo PSA International

  PSA International (PSA) established itself as the first and only Global Terminal Operator in the Guangxi-Beibu Gulf region by signing a Joint Venture Agreement with Beibu Gulf Port Group (BPG) and Pacific International Lines (PIL) to operate a new container terminal in Qinzhou City






 
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