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Ports World News

18 Apr 2022

Russian Oligarch Deripaska's Yacht Arrives in Turkish Waters

A yacht linked to Russian aluminum tycoon Oleg Deripaska arrived in a bay near the southwestern Turkish resort of Gocek on Saturday, as more Russian billionaires head for Turkey to flee Western sanctions over Russia's invasion of Ukraine.Deripaska, founder of Russian aluminum giant Rusal, has been sanctioned by the United States, European Union and Britain. He has previously called for peace.A Reuters witness saw the 73-metre (239.5 foot) yacht Clio arrive off the coast of Gocek in the Aegean coastal province of Mugla on Saturday. The Cayman Islands-flagged vessel remains in a bay off Gocek.The arrival of Clio in Turkish waters comes after two superyachts linked to Russian billionaire Roman Abramovich…

10 Jun 2021

If EURO2020 was Decided by Shipping-related Factors, Who Would Win?

© Romolo Tavani/AdobeStock

The European Football Championship is on the verge –and kicking off on Friday June 11. Therefore, BIMCO’s shipping number of the week had to be football-infused today. Adding extra topping to this sporting feast is the fact that the 2021 Copa America starts at the same time.If the result was decided by COVID-19, anything can happenSeveral national football teams have already seen the supply of their top footballers disrupted by the pandemic, much like what has hit many shippers ordering containerised goods produced in the Far East for shipments to any destination…

11 May 2021

BIMCO: Ship Demolition Prices Spike, Tankers Lead the Way

Chart courtesy BIMCO

In the first four months of 2021, the amount of oil product tanker capacity that has been sent for demolition has already reached the total amount of demolished capacity in each of 2019 and 2020 due to unfavourable freight rates. If that pace continues for the rest of the year, an 11-year record is set to be broken.This according to a report out today from BIMCO, which shows that so far this year, 10 crude oil and 38 oil product tankers have left the active trading fleet and the…

18 Jul 2018

Dubai Maritime City Authority to Develop UAE’s Maritime Sector

The Department of Transport in Abu Dhabi signed a Memorandum of Cooperation (MoC) with the Dubai Maritime City Authority (DMCA) with an aim to promote the development, consolidation and regulation of the maritime sector based on competitiveness, sustainability, excellence and innovation.The MOC is a result of relentless efforts by both parties to establish effective strategic partnerships to elevate the UAE’s position as one of the world’s best maritime centers.The agreement was signed by Sultan Ahmed bin Sulayem, Group Chairman and CEO of “Dubai Ports World (DP World)” Chairman of “Dubai Maritime City Authority” and His Excellency Khalifa Bin Mohammed Al Mazrouei…

25 Feb 2018

UAE to the Rescue of DP World’s Container Terminal in Djibouti

The United Arab Emirates (UAE) condemned Djibouti’s cancellation of DP World’s contract to run the Doraleh Container Terminal, calling it an “arbitrary” flouting of a signed agreement, said a report in Bloomberg. Media reports yesterday said that Dubai has accused Djibouti of illegally seizing a port operated by one of its state-owned shipping companies and started legal action against the African government. “Djibouti government’s seizure of the Doraleh port is regrettable,’’ Minister of State for Foreign Affairs Anwar Gargash wrote on Twitter. According to a press statement from DP World, the Government of Djibouti illegally seized control of the Doraleh Container Terminal from a Dubai Ports World (DP World) owned entity that designed…

09 Jan 2018

DP World Santos Appoints Dallas Hampton as New CEO

The Brazilian terminal DP World Santos will now be run by the new CEO Dallas Hampton, , an Australian executive with degrees in Business Administration, Logistics and Occupational Safety and with vast experience in the ports and logistics sectors. The modern private port terminals, situated on the left bank of the Port of Santos, announced that Ernst Schulze, who served as Chief Executive Officer for nearly six years, is stepping down to assume another opportunity at the DP World group. Ernst was responsible for installing the Embraport terminal at the Port of Santos, forming the work teams and starting operations in July 2013. Dallas…

06 Sep 2016

Hanjin Sends SoS

As most of  Hanjin Shipping Co's assets are stranded at sea or in ports world-wide, the the South Korean company is seeking to protect assets world-wide. Hanjin Shipping’s government-backed creditors are ready to provide the collapsed carrier with roughly 100 billion won ($90.60 million) of loans if Hanjin’s parent provides collateral, Fortune reports South Korean government officials as saying. Hanjin's collapse has left much of its fleet stranded at sea, unable to dock over fears that vessels be seized by creditors. According to BBC Seoul could give 100bn won ($91m; £68m) or more in long-term funding at low interest rates if Hanjin provided the necessary collateral.

02 Sep 2016

How Can the Marine Industry Counteract Its Aging Workforce?

File photo: Brian Cronk

It’s been widely reported over recent years that the maritime industry is facing a workforce crisis. A lack of newly trained candidates to fill the gaps caused by retirement of an aging workforce, now compounded even further by the oil price crash, means marine companies are beginning to feel the pressure of staff shortages. The U.K. Department for Transport (DFT) predicts a shortfall of around 3,500 deck and engineering officers by 2021 in the U.K. alone, and the BIMCO / ICS Manpower Report predicts the global shortfall of 147,500 officers by 2025.

12 Jul 2016

Q88 LLC Expands Milbros Onboard Services

Q88 LLC introduced a global support program that coordinates quick response and expert consultation for chemical spills/incidents and medical emergencies occurring onboard vessels at sea. Known as Q88 Response Center, the new program leverages the resources of Spill Center, a leading provider of emergency response communication and incident management services, including environmental, technical and legal expertise. At the Q88 Response Center, trained personnel monitor telephone calls, dedicated email and web site requests for assistance on a 24/7 basis to gather the details, determine the issues and dispatch the right resources. In cases of major spills…

05 Mar 2016

New Marina for Luxury Yachts at DP World's Rashid Port

DP World has announced plans to build a new marina for luxury yachts at Port Rashid in Dubai. The project comes in response to an increased demand for luxury yachts. Tenders for construction will be invited soon. The first phase of the project is scheduled to open by 2018, with a capacity of more than 400 boats and sailing yachts with lengths in the range of 15 to 35 metres. The second phase will be for luxury yachts berth with length of more than 100 metres. Sultan Ahmed bin Sulayem, Chairman of the Ports, Customs and Free Zone Corporation and Chairman of the Dubai Ports World, said, "The corporation will develop Port Rashid Marina as an integral part of its commitment to supporting the diversification of the economy of the UAE…

28 Nov 2015

DP World, SCA Pact for Ain Sokhna Port Development

Suez Canal Authority (SCA) and the Red Sea Ports Authority signed an agreement with Dubai Ports World (DP World) and Sonker Bunkering Company for the development of Egypt’s Ain Sokhna seaport, reports Egypt Independent. The signing of the deal comes in line with directives by Egypt’s President Abdel Fattah al-Sisi to upgrade the sea port’s status as part of the broader scheme to develop the Suez Canal region, SCA chief Mohab Mamish said. The joint venture will be responsible for installing a new harbor parallel to the current oil tanker harbor over a period of one year, Mamish said. He added that the undertaking would facilitate the exchange of petrochemical and gas products.

11 Dec 2013

Ship Stowaways Expensive & Inconvenient Passengers

Rudder recess stoways: Photo courtesy of West of England P&I Club

The issue of stowaways is one which has existed ever since vessels began to trade. In the twelve month period to the end of 2012 the Club handled 51 stowaway cases involving 125 persons. The total incurred value was approximately $1 million and the number of stowaways involved in each incident typically ranged from 1 to 8. However, in one particular case 22 stowaways were found among a cargo of lumber. Although most hid within the deck stow, 2 stowaways concealed themselves inside…

10 Apr 2013

DMCA Evaluates "Serenade of the Seas"

Dubai Maritime City Authority (DMCA) conducted an evaluation meeting to analyze the results of the recent Ship Board Fire Drill conducted on Serenade of the Seas a cruise ship currently berthed in Dubai’s Mina Rashid Cruise Terminal. The meeting saw extensive participation by representatives from the entities involved in the drill, where they looked into the performance and strengths of the Cruise Ship Emergency Response Task Force and pointed out areas requiring further attention in order to maximize safety for both passengers and crew. The evaluation is part of broader efforts by public and private entities to improve emergency procedures and promote maritime safety standards, in line with a common vision to promote a safe and highly developed maritime industry in Dubai.

18 Apr 2012

Dubai Maritime City Ends Cruise Season With Safety Drill

Members of the Cruise Ship Emergency Response Task Force at the simulated table top exercise. Inset: Captain Abdulla Al-Hayyas on board the Costa Cruise Lines’ FAVOLOSA during the simulated drill (Photo: Dubai Maritime City Authority).

Dubai Maritime City Authority (DMCA), the government authority charged with regulating, coordinating and supervising all aspects of the maritime sector in Dubai, has announced that the Cruise Ship Emergency Response Task Force, convened in September, 2011, to address the challenges presented by the introduction of ever larger cruise ships to the UAE waters, hosted the first cruise sector mass casualty table top exercise and drill last week. The Task Force, comprised of federal and local emergency responders…

22 Oct 2007

DP World Invests $300M in Port Security

Dubai Ports World (DP World), the world's third-largest port operator, is investing around $300m in port security, local newspaper Gulf News reported recently. The money will be used to secure 42 terminals worldwide, according to DP World's director of security David Fairnie. DP World has commissioned a three-tier foolproof container security initiative that involves X-ray, radiation and Optical Container Recognition (OCR), according to Fairnie. These can detect any radiation being emitted from the container, while the OCR captures container data and manages the supply chain. The company has also employed closed-circuit television (CCTV), alarm systems as well as anti-invasion systems across all its ports and terminal facilities.

21 Dec 2006

Mermaid Marine to Merge with P&O Maritime Services

Mermaid Marine Australia Ltd will merge with Dubai Ports World subsidiary P&O Maritime Services Pty Ltd through a share-trading arrangement. Mermaid will issue 221.9 million shares to DP World in return for 100 per cent of the shares in P&O Maritime Services Ltd and P&O Polar Australia Pty Ltd, subject to shareholder approval. The deal will result in DP World owning 60.4 per cent of Mermaid, with existing shareholders holding the remaining 39.4 per cent. Mermaid will also assume an additional $40 million of net debt initially in the form of debt due to DP World as part of the transaction. Mermaid directors said in a statement that the proposed merger would create a highly attractive business diversified across a range of maritime services…

13 Mar 2006

$1B Sought for Port Security

Sen. Robert Menendez, D-N.J., called on Congress on March 10 to fund technology that would scan 100 percent of the cargo containers entering America. Menendez wants Congress to add $1 billion to the 2006-07 federal budget to improve scanning technology, help developing countries improve their ability to inspect containers and provide for additional inspectors at U.S. ports. President Bush said Friday that he was troubled by the political storm that forced the reversal of a deal allowing Dubai Ports World to take over some operations at six American ports, saying it sent a bad message to U.S. allies in the Middle East. Bush said the United States needs moderate allies in the Arab world, such as the United Arab Emirates, to win the global war on terrorism.

13 Mar 2006

House Panel Postpones Homeland Security Bill Discussion

Republicans on the House Homeland Security Committee have postponed work on the fiscal 2007 Homeland Security Department authorization bill, prompting heated criticism from Democrats who say the move might undermine the committee's credibility and prevent the measure from being completed this year. According to a committee aide, Republican committee leaders say the delay is temporary while they work to pass a maritime security bill. All 15 Democrats on the panel fired off a letter Thursday to Homeland Security Chairman Rep. Peter King, R-N.Y., opposing the move. The committee did the first-ever authorization bill for Homeland Security last year, which overwhelmingly passed out of the House by a 424-4 vote.

02 Mar 2006

Bill Introduced Investigation of Port Facility Acquisition

Representative King (R-NY) introduced the Foreign Investment Security Improvement Act of 2006 (H.R. 4807) to require an investigation under the Defense Production Act of 1950 of the acquisition by Dubai Ports World of the Peninsular and Oriental Steam Navigation Company, and for other purposes. This is a companion bill to S. 2333, introduced earlier by Senator Schumer. source: HK Law

02 Mar 2006

Hearing on National Security and DPW Acquisition

On March 2, the House Armed Services Committee will conduct a Hearing on the national security implications of the Dubai Ports World acquisition of P&O Ports. source: HK Law

01 Mar 2006

Hearing on Security of Terminal Operations

The Senate Committee on Commerce, Science & Transportation conducted a Hearing on Security of Terminal Operations at US Ports. The purpose of the hearing was to examine the possible security implications of acquisition by Dubai Ports World of P&O Ports. Senator Stevens (R-AK) pointed out that federal agencies, such as the Coast Guard and the Customs & Border Protection, are in charge of port security, not the operators of individual terminals. Most of the statements of the witnesses are not yet available. Mr. H. Edward Bilkey, COO of DP World, said that his company welcomes the opportunity to tell its side of the story regarding the acquisition. Mr. Christopher Koch, World Shipping Council, discussed the international character of shipping. Mr.

01 Mar 2006

Bill Introduced on Port Security

Senator Schumer (D-NY) introduced a bill (S. 2333) to require an investigation under the Defense Production Act of 1950 of the acquisition by Dubai Ports World of the Peninsular and Oriental Steam Navigation Company, and for other purposes. Source: HK Law

28 Feb 2006

Briefing on DPW acquisition of P&O

The Senate Committee on Homeland Security and Governmental Affairs received a Briefing from Administration personnel on the Dubai Ports World (DPW) acquisition of the Peninsular & Oriental (P&O) company. Committee Chair Susan Collins (R-ME) issued a Press Release stating that she introduced a resolution calling for a thorough review and Congressional consultation before the transaction could proceed. Source: HK Law

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