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, 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.
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
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
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
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
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
Seadrill orders two new ultra-deepwater drillships for delivery in 2014 Seadrill has entered into turnkey contracts to build two new ultra-deepwater drillships at Samsung in South Korea. The construction of the drillships is scheduled for completion in the second and third quarter 2014. Total project price per drillship is estimated to be under US$600 million, which includes a turnkey contract with the yard, project management, drilling and handling tools, spares
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 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”)
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.
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 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
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
Chinese Foreign Minister Wang Yi, who is visiting Africa, has accelerated its drive to draw the continent into the Maritime Silk Road — Beijing’s ambitious transcontinental initiative, reports The Hindu. The core of the "One Belt and One Road" initiative
With innovation in its Norwegian DNA, Uksnoy Shipping took a chemical tanker and made it into an Offshore Service Vessel with an innovative propulsion system. The conversion of a Turkish-made chemical tanker and its retrofitting with a promising new energy-saving propulsion system in 2013
Inmarsat, the leading provider of global mobile satellite communications services, will complete another significant milestone in the delivery of its transformational global mobile satellite communications (GX) service with the scheduled launch of Inmarsat-5 F2 (I-5 F2) from the Baikonur
Maritime forces from East Africa, South Africa, Europe, Indian Ocean nations, the United States and several international organizations began the fourth iteration of the multinational maritime Exercise Cutlass Express, Jan. 28, 2015.
Craig Jessup has been appointed Senior Vice President, Services in Kalmar, part of Cargotec. Craig joins Kalmar from Ingersoll Rand where he headed the Industrial Technologies parts and services business for Europe, Middle East, Africa and India
Rolls-Royce has set up MTU Middle East as a new regional sales and service subsidiary with head office in Dubai to support distributors and business partners of MTU, MTU Onsite Energy and Bergen Engines in 21 countries in the Middle East and North Africa.
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
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
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, 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.
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