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Greece Wants EU Funding to Tackle Migrant Influx
Greece will ask the European Union for about 700 million euros to build infrastructure to shelter the hundreds of refugees and migrants arriving on its shores daily, the government said on Thursday.
BIMCO Outlines LIS Week Schedule
BIMCO’s breakfast brief, titled “The Future Of Maritime Security” is aimed at CEOs and Directors who will have an opportunity to hear more on the latest threats…
Keel Laying for Aircraft Carrier John F. Kennedy
The Navy will lay the keel for the second Gerald R. Ford-class aircraft carrier John F. Kennedy (CVN 79) Saturday, August 22, 2015 at 10 a.m. John F. Kennedy, designated CVN 79…
UN: Air Strikes on Yemen Port Could Worsen Aid Crisis
United Nations aid chief Stephen O'Brien said on Wednesday that air strikes by Saudi-led coalition airplanes on Yemen's Red Sea port of Hodeida were unacceptable…
Platts Mulls Asia Crude Liquidity Boost
Platts also studies more ship transfer locations, faster trading. Oil pricing agency Platts is looking at approving more Middle East crude grades to boost liquidity…
U.N. Urges Greece to Take Charge of Refugee Crisis
Hard for us to help if no one in charge, UNHCR says; 160,000 refugees, migrants have reached Greece this year. Greece must show "much more leadership" to tackle an escalating crisis in which 160…
Migrants brawl on Greek island as refugee ship lies empty
Migrants desperate to get off the Greek island of Kos fought each other on Saturday while nearby a passenger ship chartered to house and process refugees lay empty 24 hours after it had arrived.
Energy Outlook Lowers Crude Price Forecast
The Short-Term Energy Outlook (STEO) released on August 11 forecasts that North Sea Brent crude oil prices will average $54 per barrel (b) in 2015 and $59/b in 2016…
ICTSI 1H 2015 Net Income Down 1%
International Container Terminal Services, Inc. (ICTSI) today reported unaudited consolidated financial results for the first half of 2015, posting revenue from port operations of US$552.1million…
Iran-Japan Joint LNG Production
Iran's oil minister invited the Japanese delegation to partner in many areas especially Liquid Natural Gas (LNG) output, reports MNA. The delegation of high-level…
Rocket Fired Upon Egypt Navy Vessel
Egypt's Islamic State affiliate said on Thursday it fired a rocket at an Egyptian naval vessel in the Mediterranean Sea near the coast of Israel and the Gaza Strip.
UN Urges EU to Help With Med Migrants
Island communities unable to cope with migrant flow, UN says. The United Nations refugee agency said on Friday that Greece urgently needed help to cope with 1,000…
Unmatched Value: How can we not afford to build the Ford Class Aircraft Carrier?
The nuclear powered aircraft carrier (CVN), with its embarked carrier air wing (CVW), is the only maritime force capable of executing the full range of military operations necessary to protect our national interests. From deterrence, to humanitarian assistance, to large-scale combat operations, Carrier Strike Groups (CSGs) stand ready to answer the call in all phases of conflict. Navies across the…
UAE Cargo Handler Tests Florida Waters
Sharjah-based ports operator Gulftainer has opened Canaveral Cargo Terminal at Port Canaveral in Florida in the US for business. Gulftainer, a subsidiary of UAE…
Karpowership to Present Ghana Powerships Project
The forum will also provide a unique for Karpowership to share information on upcoming projects on the African continent. The Forum, which Karpowership will sponsor for the fifth year running, brings together ministers, government officials, sector leaders and investors to enhance cooperation toward finding energy solutions for Africa. With its expanding Powership Fleet, Karadeniz Holding continues to garner interest from visiting delegations to learn more about the cost-efficient…
Iraq Sees Signs of Improvement in Oil Market
Iraqi oil minister Adel Abdel Mahdi said on Tuesday he saw signs of improvement in the oil market, joining other OPEC officials in expressing an optimistic outlook…
Lifting of US Crude Oil Export Ban Possible within Year
The U.S. Congress could lift the 40-year old ban on domestic crude oil exports within a year as a drop in gasoline prices and the potential return of Iranian oil…
How Do You Lose 100 Million Barrels of Oil?
Oil-market watchers are struggling to reconcile the large estimated oversupply in the market with the much smaller buildup of reported inventories and narrowing contango in futures prices.
Iran Uses Maritime Confrontations to Project Power in Gulf
Iran is using its sea power in the Gulf to show it will not be cowed by Washington's newly assertive Arab allies, prompting critics to accuse Tehran of destabilising the region.
Iran Navy Fires at Tanker as Gulf Tensions Rise
Iranian naval vessels fired shots at a Singapore-flagged tanker in the Gulf on Thursday in what appeared to be the country's latest attempt to settle a legal dispute…