Israel News

14 May 2019

ZIM Joins DCSA

Image: Zim

Israel cargo shipping company Zim Integrated Shipping Services (ZIM) announced that it has joined the Digital Shipping Association (DCSA) dedicated to digitization and standardization in the container shipping industry.ZIM CIO, EVP Eyal Ben-Amram, said: "We are excited to join DCSA and to contribute to the digital transformation. We firmly believe that digital innovation will shape the future of the shipping industry, and our multi-service approach embodies this belief. Standardization is the right way to improve the eco-system of all stakeholders".A month ago…

17 Apr 2019

ZIM Joins TradeLens Blockchain Platform

Pic: Zim

The cargo shipping company in Israel, ZIM Integrated Shipping Services announced that it has signed on as a member of TradeLens, a blockchain-enabled digital shipping solution jointly developed by A.P. Moller - Maersk and IBM.TradeLens uses blockchain technology to enable trust between multiple trading partners – from carriers to freight forwarders, customs officials, port authorities and more -- when transacting in a digitized global trade documentation process.TradeLens ecosystem members get a single shared view of a transaction without compromising details…

04 Apr 2019

Harvey Gulf Branches Out Internationally

Photo: Harvey Gulf Marine

Since committing to go global in September 2018, US based Harvey Gulf said on Thursday it has been awarded contracts in Mexico, Trinidad, Guyana and Suriname.The company noted it also has bids for work in Mozambique, Angola, Senegal, Israel, Ghana and Nigeria.Harvey Gulf, which completed a financial restructuring and emerged from Chapter 11 Bankruptcy proceedings in 2018, said it will continue to look for merger opportunities as they present themselves.

21 Mar 2019

ZIM: Higher Revenues, But a Loss in 2018

Pic: ZIM

The biggest cargo shipping company in Israel, Zim Integrated Shipping Services Ltd (ZIM) reported a revenue of nearly $3.25 billion in 2018, the highest in the last 4 years, reflecting an increase of 9.1% compared to $2.98 billion in 2017.However, the global container liner had a net loss in 2018 of $119.9 million, including an impairment loss of $38.0 million with respect to vessels classified as held for sale, compared to net profit of $11.4 million in 2017.Adjusted earnings before interest…

14 Mar 2019

Naval Dome,Totem Plus Ink Agreement

Photo: Naval Dome

Totem Plus signed a license agreement with Naval Dome for use of its cyber security software across a range of its automation and navigation solutions. Under the agreement, Totem Plus is licensed to integrate the Naval Dome software with the hard drives across several hundred systems in the Totem Plus portfolio, providing the highest level of cyber protection at the system build stage, prior to shipment to end-users. The Totem Plus systems leave the factory fully cyber protected…

13 Mar 2019

Iran's Oil Tanker Fleet Being Squeezed as Sanctions Bite

© alexyz3d / Adobe Stock

Iran is running short of options to replace its ageing fleet of tankers and keep oil exports flowing because renewed U.S. sanctions are making potential sellers and flag registries wary of doing business with Tehran, Western and Iranian sources said.Since U.S. President Donald Trump reimposed sanctions in November, exploratory talks with South Korea for up to 10 new supertankers have stalled and Panama has also removed at least 21 Iranian tankers from its registry forcing Tehran to put the vessels under its own flag…

06 Mar 2019

Israeli Navy Could Respond to Iranian Oil Smuggling

Israel's navy could take action against Iranian oil smuggling, Prime Minister Benjamin Netanyahu said on Wednesday, urging world powers to foil any effort by Tehran to evade U.S. sanctions.The Israeli leader told naval officers that Iran was still resorting to clandestine measures to ship fuel that it first used prior to a 2015 nuclear deal easing Western sanctions on its oil sector.U.S. President Donald Trump last year quit the nuclear deal and reimposed some sanctions, aiming to cut Iran's oil exports to zero."Iran is trying to circumvent the sanctions through covert oil smuggling over maritime routes, and to the extent that these attempts widen…

15 Jan 2019

ZIM Launches Blockchain-based Bills of Lading

Pic: ZIM Integrated Shipping Services

Israel’s largest cargo shipping company ZIM Integrated Shipping Services has opened its blockchain platform for electronic bills of lading (eB/Ls) to all clients in selected trades.Over the last year, following ZIM’s November 2017 announcement regarding the first-ever pilot of paperless Bills-of-Lading based on blockchain technology, ZIM and selected leading customers have been testing the new Platform as a solution for trade activities on multiple shipping lanes.Following the successful pilot, accomplished with the cooperation of Wave Ltd.

02 Jan 2019

Energean Signs New Gas Sales Deal for Karish and Tanin FPSO

Karish and Tanin Floating Production Storage and Offloading unit. Pic: Energean Oil & Gas

UK-based oil and gas exploration and production company Energean Oil & Gas  has signed a Gas Sales and Purchase Agreement (GSPA) with I.P.M. Beer Tuvia Ltd. (IPM) to supply an estimated 5.5 BCM of gas from its Karish and Tanin FPSO over a period of 19 years.According to a release, the contract is subject to necessary approvals and is contingent on results of the 2019 drilling programme, which includes the drilling of four wells in Israel and commences with the spud of Karish North in March 2019…

04 Dec 2018

Hyundai Merchant Marine to Say Good Bye to 2M Alliance?

Image: Hyundai Merchant Marine

South Korea's largest shipping firm Hyundai Merchant Marine (HMM) is likely to part ways with the 2M Alliance which will expire in April 2020 and join  a new ocean alliance said a local media report.According to a report in Business Korea, the 2M Alliance (consists of Maersk Line and MSC) is disadvantageous to HMM as it is not a full member of the alliance. HMM's status fell as the 2M Alliance inked a partnership deal with Israel's Zim Integrated Shipping Services, the report…

27 Nov 2018

IMO Provides Fellowships for Women in Ports

Pic: International Maritime Organization (IMO)

International Maritime Organization (IMO)  has provided fellowships to ten female officials attending a Port Senior Management Programme held at the Galilee International Management Institute (GIMI) in Nahalal, Israel, (14 -27 November). "A successful and well-run port contributes to the sustainable economic development of its region. But what is also an economic no-brainer is female empowerment. We provide fellowship to address both these points," said a statement from IMO.The two-week course provides participants with key information and updates on innovations in the port industry.

27 Nov 2018

First Steel Cut for Karish and Tanin FPSO

(Image: Energean)

Energean Oil and Gas announced that first steel was cut on the Karish and Tanin floating production storage and offloading (FPSO) vessel at the COSCO yard in Zhoushan, China, on Monday. The FPSO is scheduled to be delivered to the Karish field offshore Israel in late 2020, ahead of first production in the first quarter of 2021.The FPSO, which will be installed 90 kilometers offshore, will be the first FPSO to operate in the Eastern Mediterranean. It will have a gas treatment capacity of 800 MMscf/day (8 BCM/per annum) and liquids storage capacity of 800…

26 Nov 2018

UK Ambassador Visits Energean's Offshore Facilities

Photo provided by Energean Oil & Gas PLC

United Kingdom Ambassador to Greece Ms. Katherine Smith visited Energean offshore drilling facilities at Prinos.The Delegation of the British Embassy toured by boat the Prinos Oil Field Platforms and “Energean Force”, the Energean owned drilling rig, which is currently drilling an extended reach well into the Epsilon Oil Field. The Delegation circumnavigated the jack-up rig “GSP Jupiter”, which is currently drilling the first of the three vertical development wells in the Epsilon Oil Field.After concluding her visit to Prinos…

22 Oct 2018

Kitron Signs MASS Nodes Deal with Magseis

Image:  Magseis

Scandinavia's Offshore/Marine electronics manufacturing services company Kitron and Norwegian geophysical company Magseis ASA has entered into an agreement to manufacture Magseis' MASS (Marine Autonomous Seismic System) nodes to support their growth.Magseis, founded in 2009,  is specialising in OBS - Ocean Bottom Seismic - acquisition. Magseis has developed their proprietary, autonomous MASS nodes and fully automated handling system, which is used to acquire high quality seismic data for clients.

11 Oct 2018

US Navy Returns to Israeli Port in Sign of 'Deep Alliance'

The Arleigh Burke-class guided-missile destroyer USS Ross (DDG 71) transits the Mediterranean Sea Sept. 3, 2018. (U.S. Navy photo by Ryan U. Kledzik)

A U.S. Navy warship has docked in the southern Israeli port of Ashdod, the first such visit there in almost 20 years, in what officials from both sides hailed as a sign of their strong ties in the face of shared adversaries like Iran.Foreign navies generally prefer northern Haifa as their Israeli port of call, so the destroyer USS Ross's arrival at Ashdod potentially signaled Washington's interest in broadened berthing options for its Mediterranean Sixth Fleet."This visit has significance.

05 Oct 2018

The Drones are Coming

An ABS technician with a drone. Source: ABS

Nimble and quick, unmanned aerial vehicles have evolved into a valuable tool for marine and offshore applications.When a U.S. oil tanker conducts a Critical Area Inspection Plan (CAIP) as required by ABS, it is an onerous process. For example, each tank requires seven days of set up with scaffolding and staging. An ABS inspector and UDT technicians must access, and be carefully lowered into the tank with instrumentation and tools. Inspection points in far reaching places are surveyed.

28 Sep 2018

ZIM-MSC Connecting India and East Mediterranean Ports

File Photo: ZIM Integrated Shipping Services Ltd

ZIM Integrated Shipping Services (ZIM) and MSC Mediterranean Shipping Company have announced a new cooperation on the India sub-continent – Mediterranean trade. The new cooperation is due to commence on the second half of October, connecting India and major East Mediterranean ports. A press statement from the company said: "We are pleased to announce a new cooperation, offering a fast and reliable connection between the sub-continent and the Mediterranean."Rani Ben-Yehuda, ZIM’s EVP Cross Suez and Atlantic BU…

29 Aug 2018

Harvey Gulf to Reflag Some Assets as it Expands International Reach

Harvey CEO Shane Guidry

Harvey Gulf International Marine has confirmed that it is going global with the reflagging of both Offshore Supply and Fast Supply Vessels to facilitate work in Mexico.Harvey will open additional offices in Mexico through its affiliate, Harvey Gulf International Marine de Mexico S.A.P.I. de C.V. Harvey will also establish itself in Trinidad and Guyana by opening offices and redeploying shore base personnel and vessels to those areas.Harvey will certify vessels for operation under Mexican flags to ensure its customers can receive Harvey service levels for their expanding Mexico operations.

02 Aug 2018

Israel Warns of Military Response if Iran Closes Red Sea Strait

File Image: Adobestock © Jose Gill

Israel would deploy its military if Iran were to try to block the Bab al-Mandeb strait that links the Red Sea to the Gulf of Aden, Prime Minister Benjamin Netanyahu said on Wednesday.Last week, Saudi Arabia said it was suspending oil shipments through the strait, on the main sea route from the Middle East to Europe, after Yemen's Iran-aligned Houthis attacked two ships in the waterway.Saudi Arabia and Iran are in a three-year-old proxy war in Yemen, which lies on the eastern side of Bab al-Mandeb.Yemen's Houthis…

22 Jun 2018

Hundreds Surf in Record Offshore Gas Protest

© WavebreakMediaMicro / Adobe Stock

Hundreds of Israeli surfers in black skull-and-crossbones shirts took to the waves on Friday in what they said was a record-breaking protest against potential environmental damage from off-shore gas development.Organizers said 992 people, among them athletes and actors, paddled out and held hands to form a circle opposite Herzliya, promoting their demand that a planned gas rig be relocated further from Israel's Mediterranean coast.A slogan on their shirts read: "Don't poison us."Israeli…

21 Jun 2018

Malta Prepares for Hazardous, Noxious Substance Spills

Photo: International Maritime Organization (IMO)

With the rise in transport by sea of chemicals and gases, in bulk and containerized, adequate preparedness for response to potential spill incidents involving hazardous and noxious substances (HNS) is increasingly important. The Regional Marine Pollution Emergency Response Centre for the Mediterranean Sea (REMPEC) is hosting a regional workshop on response to such incidents, in Valletta, Malta (20-21 June). Regional cooperation on oil and HNS spill response and contingency planning is an efficient and cost-effective way of preparing for possible spills – through the sharing of information…

05 Jun 2018

ZIM Announces Senior Management Changes

(File photo: ZIM)

ZIM has announced today that ZIM’s VP Global Sales, Saar Dotan, will replace Rafael Ben-Ari, ZIM’s VP Shipping, as of June 1. Dotan’s new title will be EVP Countries & Business Development.Dotan joined ZIM in 2005 and held several senior positions, lastly EVP Sales and Customer Service.Additionally, Yair Teitelbaum has been appointed ZIM’s VP Global Sales, effective September 1, 2018.Teitelbaum will join the company after working for Colmobil Corporation, serving as Senior Director of Mitsubishi Motors Israel Division since 2015.

22 May 2018

Obituary: Hans Gerhard Kahn, Founder, Jumbo

Jumbo, the maritime heavy lift company, announced that its founding father, Hans Gerhard Kahn, passed away at the age of 95 (1922-2018). Kahn passed away on Friday 18 May in Caesarea, Israel. Kahn realized his dream of becoming a ship owner and became one of the first pioneers in the heavy lift shipping industry. The funeral will take place on Tuesday 22 May in Caesarea, Israel.

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