Jebel Ali News

German container shipper Hapag-Lloyd said on Thursday the global oversupply of container ships and a crisis in the Red Sea will force it to cut costs in 2024, adapting sailings and ports following a bruising 83% fall in net profit.Ship operators face prolonged disruption while Yemen-based Houthi militants are attacking vessels travelling on one of the world's busiest routes, wiping out the benefit from higher freight rates with costly redirections around Africa.Hapag-Lloyd's problems chime with those of competitors such as Maersk and CMA CGM, exacerbated by the arrival of additional ships orde

Ignazio Messina & C announced it has taken delivery of a secondhand 4,400 TEU containership, now renamed Jolly Clivia.Built in 2010 at the South Korea's Hyundai Samho Heavy Industries, the vessel measures 262 meters in length by 32 meters in width, and was previously owned by a German company.The ship will now set sail from Singapore toward Europe with scheduled calls at Mundra (India), Jebel Ali Dubai (United Arab Emirates), Karachi (Pakistan), and is expected to arrive in Genoa at the end of March.

The United States has transferred three U.S. Navy patrol craft to the Egyptian Navy in an effort to help boost regional maritime security.During a formal ceremony in Alexandria, Egypt on March 21, U.S. Naval Forces Central Command (NAVCENT) turned over USS Hurricane (PC 3), USS Sirocco (PC 6), and USS Thunderbolt (PC 12), three former Cyclone-class patrol coastal ships built by Bollinger Shipyards in the early 1990s.“The Egypt-U.S. maritime partnership has been a fundamental pillar of our bilateral defense cooperation for decades,” said Vice Adm. Brad Cooper, commander of NAVCENT, U.S.

UAE-based logistics giant DP World announced its BOXBAY high-bay storage system will be installed to boost container handling efficiency at its terminal in Busan, South Korea.BOXBAY was developed by DP World in a joint venture with German plant technology supplier SMS group, who first created and proved the system for handling heavy metal coils. Refined for port logistics, the fully automated rack-like container storage system allows direct access to each container at any time…

A significant element of the U.K. government’s levelling up plan to create thousands of jobs, regenerate more deprived areas and attract overseas investors is the introduction of freeports. These special low-tax trading zones allow all kinds of businesses to trade.Under the U.K. model, freeports can encompass two different kinds of sites. On customs sites, authorized businesses will be able to import certain goods with simplified customs documentation and without paying tariffs. Domestic goods can also be held in a customs site and used in any manufacturing process.

Vitol Bunkers said has extended its bunkering services to Jebel Ali—the largest container port in the Middle East—and to Dubai's Port Rashid Cruise Terminal, from July 2022.According to Vitol, the move will help it to address the supply requirements of strategic marine customers in key Middle Eastern locations.Vessels visiting Jebel Ali will have access to Vitol Bunkers’ marine products produced at the Vitol-owned FRCL refinery in Fujairah.  These include a range of marine fuel grades as well as bio-marine fuels for customers wishing to mitigate their carbon emissions.

Mitsui O.S.K. Lines, Ltd. (MOL) and TotalEnergies Marine Fuels have completed the first refuelling of a ship with biofuels in Singapore, the shipping company said on Wednesday.The ship, a car and truck carrier named Heroic Ace, was refueled using biofuel supplied by TotalEnergies via a ship-to-ship transfer on June 11, MOL said in a statement.The biofuel blend that was used in the trial comprised of very low sulphur fuel oil (VLSFO) blended with 20% second-generation, waste-based and ISCC-certified used cooking oil methyl ester (UCOME), MOL said.

Commercial insurer Allianz Global Corporate & Specialty released its Safety & Shipping Review, an annual analysis of shipping losses and accidents worldwide. The 2022 report reveals that the maritime sector continues its long-term positive safety trend over the past year with 54 total losses of vessels reported globally, compared with 65 a year earlier. This represents a 57% decline over 10 years (127 in 2012); while during the early 1990s the global fleet was losing 200+ vessels a year.The 2021 loss total is made more impressive by the fact that there are an estimated 130…

A fire caused by an explosion on a ship at Dubai's Jebel Ali Port, the Middle East's largest transshipment hub, has been brought under control, the government's Dubai Media Office (DMO) said on Wednesday.The explosion was a "normal accident" in a container holding flammable material, DMO Director General Mona Al Marri told Saudi-owned Al Arabiya television channel.Arabiya cited Dubai police as saying the cause may have been "friction or high temperatures" during the hot summer…

Global port operator DP World on Thursday said the near-term trading environment was positive as it reported a 10.2% increase in first-quarter shipping containers volumes.The Dubai state-owned company handled 18.9 million shipping containers in the January-March period, compared to 17.2 million in the same period a year earlier."This performance is ahead of expectations and illustrates the resilience of the global container industry, and DP World’s continued ability to outperform the market," Chairman and Chief Executive Sultan Ahmed bin Sulayem said in a statement.

In June, the United States imposed sanctions on half a dozen oil tankers managed by established shipping firms. It was a major escalation of American attempts to choke off Venezuela’s oil trade.Within weeks, a little-known company based in the United Arab Emirates took over management of several tankers that had been shipping Venezuelan oil. The vessels got new names. And then they resumed transporting Venezuelan crude.The company, Muhit Maritime FZE, is one of three UAE-based entities identified by Reuters that have shipped Venezuelan crude and fuel during the second half of this year. Their role emerges from an examination of internal shipping documents from Venezuela’s state oil company as well as third-party shipping and vessel tracking data.

International port operator DP World is on track to report a “relatively stable financial performance” this year after the recording a 3.1% increase in third-quarter shipping container volumes, its chairman said on Monday.The Dubai state-owned company, which reported contractions in container volumes in the first two quarters, handled 18.3 million containers in the July - September period, it said.The 52.2 million containers handled in the first nine months of the year were down…

Israeli shipping firm Zim said on Wednesday it would start to offer direct service to Jebel Ali port in the United Arab Emirates (UAE).With its new line, Zim joins a number of international rivals—including MSC, Maersk—to announce they would offer a connection between Israel and the UAE since the countries agreed to normalize relations.Zim said its line will take cargo from Jebel Ali to Israel's Mediterranean Haifa port and, in the other direction, offer service from Israel and the eastern Mediterranean to the UAE.Zim is 32% owned by Kenon Holdings .Rani Ben Yehuda, a Zim executive vice presid

The ship-to-shore crane paused above the cargo ship just arrived from Dubai, then set its load down on the pier in Israel.One after another, eight containers filled with electronics, cleaning supplies, iron, and firefighting equipment were unloaded off the MSC Paris, one of the first cargo ships to make the voyage between the United Arab Emirates and Israel.Just a few months ago, such a journey from Dubai's Jebel Ali port to the northern Israeli port city of Haifa would have been unthinkable.The countries announced a normalization deal in August which laid the ground for a potentially profitable new trade route.The diplomatic breakthrough stemmed from a strategic realignment of Middle East nations…

Danish shipping giant Maersk said it will now transport ocean cargo between the United Arab Emirates and Israel, a further sign of business opening up after the two countries established full ties.Earlier this month Israel and the UAE signed an historic agreement to normalize relations, marking a big development in economic collaboration and ending a ban on trade between the Gulf Arab state and Israel.“We have opened up cargo acceptance between UAE and Israel following the lifting of the boycott,” a Maersk spokesman said.Maersk, the world’s number one container line, said any trade would be fo

Dubai's DP World is partnering with an Israeli group to bid for one of Israel's two main ports and to examine opening a direct shipping line between the two Middle East states, it said on Wednesday.The announcement came a day after Israel and the United Arab Emirates signed an historic agreement to normalize ties, and marks a big development in trade and economic collaboration.Dubai state-owned DP World, which operates ports from Hong Kong to Buenos Aires, signed a series of agreements with Israel's DoverTower including a joint bid in the privatization of Haifa Port on the Mediterranean…

Russian gas company Novatek has said it has shipped its first LNG Cargo to the United Arab Emirates.Novatek said Friday that the cargo was shipped from the Yamal LNG project by its subsidiary NOVATEK Gas & Power Asia under a spot contract."The LNG cargo was transshipped in Europe onto the conventional LNG tanker “Yamal Spirit” and delivered to the Jebel Ali LNG Terminal in accordance with the contract’s delivery schedule," Novatek said.“With our first shipment to the United Arab Emirates, we are expanding the geography of our LNG supplies,” noted Lev Feodosyev, NOVATEK’s First Deputy Chairman of the Management Board.

DP World, UAE Region’s next-generation security solutions provider World Security has launched the first autonomous security surveillance boat in the Middle East to upgrade security and surveillance at Jebel Ali Port, Mina Rashid, Mina Al Hamriya and other facilities in the UAE.The state-of-the-art boat introduces an extra dimension to World Security's portfolio of solutions, demanded by the uncertainty of the current changing environment caused by the COVID-19 pandemic.It also marks a new stage in World Security’ rising profile as Dubai’s industry leader for marine…

Abu Dhabi Ports has established a new feeder services company, SAFEEN FEEDERS, to serve the group’s mainliner shipping clients in the Gulf region.SAFEEN FEEDERS will introduce a new feeder service linking Abu Dhabi to ports serving the UAE, the broader Gulf region and Indian Sub-Continent. The service will be executed in partnership with feeder service operator Bengal Tiger Line (BTL) through a vessel sharing agreement.The service will allow for exchange of container cargo between mainliner vessels and the vessels within the rotation calling at nine regional ports located across the UAE…

The timing of a trade recovery from the economic crisis caused by the new coronavirus pandemic is uncertain, global ports operator DP World warned on Thursday.The Dubai state-controlled company just last month said it was seeing demand bounce back as Chinese factories restarted, though the global spread of the virus has since drastically worsened, forcing many industries to a near halt."The timing of any recovery is uncertain with trade expected to pick up as and when global economic activity normalizes," Chief Executive Sultan Ahmed bin Sulayem said in a bourse statement.DP World, which is re

Mackay Marine announced the opening of its newest marine electronics service center, in Fujairah, U.A.E., located on the east coast of the Gulf of Oman.Mackay Marine–UAE provides Comm & Nav electronics sales and service to vessels in ports throughout the U.A.E., including Fujairah, Jebel Ali, Dubai, Sharjah, Port Saeed, Khorkakkan, etc., as well as service ships in Dry Dock in Oman and Dubai.Mackay Marine’s Capabilities Include:Complete Comm & Nav services provided by a single cross-trained marine technician…

The world's number two container line MSC is in talks with the United Arab Emirates after the Gulf country banned one of their vessels from entering its waters over what authorities said was a breach of tough new sulphur emissions rules for ships.This is one of the first punitive actions taken by a jurisdiction since regulations came into effect in January which make it mandatory for ships to use fuel with a sulphur content of 0.5%, down from 3.5% previously, or install devices that strip out the toxic pollutant - known as scrubbers.Ships were no longer able to even carry high sulphur fuel fro

The  global ocean transport operator AAL Shipping has launched a new Europe-Middle East/India-Asia Monthly Liner Service to serve the market’s multipurpose vessels (MPPs) and project heavy lift cargo transport requirements.The new service, which connects main ports between Europe, Middle East/India and Asia, harnesses AAL’s second generation 31,000-dwt mega-size A-Class fleet, renowned for its 40,000-cu m cargo intake capacity 700-tonne lift ability.The new liner service will follow a fixed route, with port call flexibility. Base ports will include Antwerp, Porto Marghera, Jebel Ali, Dammam, Mumbai, Singapore, Shanghai, Tianjin and Masan.