Israel News

UK-based international oil and gas exploration and production company Energean Oil & Gas and the Public Gas Corporation of Greece (DEPA) have agreed to cooperate to further support the EastMed Pipeline Project.The have signed a Letter of Intent (LoI) for the potential sale and purchase of 2 BCM natural gas per annum from Energean’s gas fields offshore Israel, where Energean is investing $1.7 billion for the development of the Karish & Tanin fields through the FPSO “Energean Power”.DEPA…

A cargo ship drifted onto a beach in southern Israel on Thursday after heavy winds and stormy weather forced the vessel away from its anchor point near the port of Ashdod.The 90 meter-long Zelek Star was carrying cement and other goods from Greece to Israel when it was swept away and approached Oranim Beach, officials said. The beach's sandy Mediterranean shoreline is popular with residents and tourists.Photos showed locals walking along the beach with the 14 meter-high vessel towering over them in the background…

What do successful, well-run ports and female empowerment have in common? Both can make a significant contribution to sustainable economic development.International Maritime Organization (IMO)  provided support to eight female officials from developing countries, with an emphasis on Pacific Small Island Developing States, attended a Port Senior Management Program held at the Galilee International Management Institute (GIMI) in Nahalal, Israel, (6-19 November).The two-week course provides participants with key information and updates on innovations in the port industry.

Israel-based cyber security specialist Naval Dome has introduced a new software-based cyber protection that can be easily installed on all ship, port, or offshore OT systems, including navigational equipment, machinery control systems and cargo handling equipment.S-Marine Dome and S-Port Dome are aimed at those ship, offshore energy and terminal operators requiring instant protection without having to go through lengthy type approval processes or can no longer afford to wait for suppliers to upgrade or replace critical systems.Naval Dome Vice President…

Pollution response can be faster and more effective when there is an established emergency communications and emergency system.Mediterranean Countries recently met at a regional workshop held in Brussels, Belgium (22-23 October), to explore the set-up of a common emergency communication system for marine pollution incidents that connects the entire Mediterranean region. During the event, representatives from 12 Mediterranean countries - Albania, Algeria, Bosnia & Herzegovina, Egypt…

The hull of Energean Oil and Gas’ Energean Power FPSO has been undocked and floated out from the COSCO Shipyards’ dock in Zhoushan, China, about 10 months after first steel cut. Once completed, the FPSO will be deployed at Energean’s Karish and Tanin fields offshore Israel, the international oil and gas exploration and production company said.According to Energean, the build was completed ahead of schedule and with no loss time incidents in about 3 million working man hours. TechnipFMC…

Philippine authorities have given Excelerate Energy LP permission to proceed on plans to develop a floating natural gas import terminal to supply existing and new power generation.Texas-headquartered player in floating LNG regasification solutions, received a notice to proceed (NTP) from the Philippine Department of Energy (DOE) to develop Luzon LNG, which would be a floating liquefied natural gas (FLNG) terminal in the Bay of Batangas.The project, Luzon LNG, will supply natural gas…

British-American cruise operator Carnival Corporation and two of its cruise line brands have signed an agreement with the government of The Bahamas to build two major port developments.The world's largest travel leisure company, with a combined fleet of over 100 vessels across 10 cruise line brands, said that it will develop a new cruise port destination primarily for Carnival Cruise Line on Grand Bahama, and construction of a new addition, including a pier, on the Bahamian island of Little San Salvador…

Israel-based renewable energy projects developer Enlight Renewable Energy (ERE) along with its Serbian partner New Energy Solutions has officially opened its Kovacica windfarm in Serbia.The opening ceremony of the Wind farm was held in the municipality of Kovacica in the presence of the Minister of Mining and Energy Aleksandar Antic, Alona Fisher-Kamm the Ambassador of  Israel, the Representatives of the owners,  ERE, and its Serbian partner, New Energy Solutions.Kovacica clean power plant operates with 38 installed wind turbines…

Israel-based container shipping line ZIM Integrated Shipping Services announced the official launch of its new 'Powered by Our Customers' approach.As ZIM moves forward with the development and implementation of new digital tools, the cargo line is embarking on an innovative new concept, 'Powered by Our Customers', which will become the new standard for all future ZIM digital applications."Taking ZIM’s personal touch and customer-oriented approach to the next level, Powered by…

Australia will join the United States in a security mission to protect merchant vessels travelling through key Middle East waterways after Iran seized a British-flagged vessel, Prime Minister Scott Morrison said on Wednesday.Foremost among the areas to be patrolled is the Strait of Hormuz, between Oman and Iran, through which about one-fifth of the world's seaborne crude flows out of the Gulf.Global commodity trading has been rocked in recent months by the seizure of the British tanker and a series of attacks on international merchant vessels that the U.S. and Britain have blamed on Iran, though it denies involvement. Britain this month became the first U.S.

The Middle East is cruising into the second half of 2019 with spectacular gas production, and is expected to surpass powerhouse Russia by the end of the year.According to Rystad Energy, the Middle Eastern region will produce over 730 billion cubic meters of gas by 2020, increasing to about 920 billion cubic meters by 2030.Nevertheless, international markets may not feel the full effect as demand in the region is also expected to see rapid growth. Iran and Saudi Arabia alone could…

Cargotec subsidiary Kalmar has supplied Ashdod Port Company, Israel with a total of eight Kalmar G generation medium forklifts and seven Kalmar Gloria reachstackers.The provider of cargo handling solutions and services to ports said that the order was booked in Cargotec’s 2018 Q3 order intake and delivery of all machines was completed during Q2 2019.Opened in 1956, Ashdod Port is Israel's largest marine port by cargo volume and is a major gateway for goods and cargo to and from the State of Israel.

Two Iranian vessels have been stranded for weeks at Brazilian ports, unable to head back to Iran due to lack of fuel, which state-run oil firm Petrobras refuses to sell them due to sanctions imposed by the United States.The vessels Bavand and Termeh came to Brazil a couple months ago carrying urea, a petrochemical product used as fertilizer. They were expected to load corn and return to Iran, but lacked enough fuel for the trip, the port operator in Paranaguá told Reuters.Food is not covered by U.S. sanctions, and Iran is one of the largest buyers of Brazil's agricultural commodities, importing more than 2.5 million tonnes of Brazilian corn so far this year — more than any other country.However, that trade is not usually carried by ships flying the Iranian flag.

The global container shipping line Zim Integrated Shipping Services Ltd (Zim) announced a further expansion of its strategic cooperation with the members of the 2M Alliance, Maersk & MSC, to the Asia - US Gulf Trade."The new services, catering for both Central and South China and South Korea, offer significant advantages for customers, including direct connections to major ports in Asia and the US Gulf; best-in-market transit time with reliable dedicated service; Two weekly cutoffs in Houston & Mobile to better serve growing US exports requirements…

The Strait of Hormuz, the narrow shipping lane between Iran and Oman named after the fabulously wealthy ancient kingdom of Ormus, has fascinated oil traders since the Iranian revolution in 1979. Iran has periodically threatened to close the strait to enemy shipping, while the United States and its allies have pledged to keep it open and maintain freedom of navigation, by force if necessary.The strait has become a symbolic flashpoint in the region-wide confrontation and indirect…

Measles is a highly contagious infectious disease. It is so contagious that 90% of non-immune persons will become infected if an infected person is in the immediate vacinity. It is an airborne disease spread through coughs, sneezes, and contact with saliva or nasal secretions. The virus can live for up to two hours in infected airspace or on infected surfaces. Individuals are infectious from four days before symptoms appear until four days after the patient is symptom-free. Symptoms include fever, cough, runny nose, inflamed eyes, and a red, flat rash.

The EuroAsia Interconnector, the Israel-Cyprus-Greece electricity link remains on the official list of European projects of common interest (PCI) making it eligible to receive some €300 mln in EU grants for the Crete-Attica sector of the cable.The EuroAsia Interconnector remains committed to the timely implementation of the project, as submitted to the European Commission, with the Crete-Attica interconnector commissioned in June 2022 and the Crete-Cyprus Interconnector in December 2023…

As spot prices in the region have remained near or below zero, natural gas flaring and venting in the Permian Basin in Texas and New Mexico reached a new all-time high in the first quarter of 2019, averaging as much as 661 million cubic feet per day (MMcfd).According to research conducted by Rystad Energy,  this widespread waste of a valuable commodity is the result of persistent infrastructure challenges, a lack of sufficient takeaway capacity and an unexpected outage on a key…

The GEBCO NF- Alumni Team was announced as the $4 million grand prize winner of the Shell Ocean Discovery XPRIZE, a three-year global competition that challenged teams to advance deep sea technologies for autonomous and unmanned, fast and high-resolution ocean exploration. The team's winning concept includes the use of a unique unmanned surface vessel (USV) / autonomous underwater vessel (AUV) and associated combination of communications hardware and software to process and transmit data remotely.

The Israel-headquartered container carrier Zim Integrated Shipping Services (ZIM) is expanding its ZIMonitor containers fleet in 2019 and adding advanced “Star Cool” containers manufactured by Maersk Container Industry (MCI).MCI informed that it has secured an order of 500 Star Cool Integrated Reefers from ZIM Integrated Shipping Services, establishing a strong relationship with the customer.For decades, ZIM has been offering advanced transport of fruit, meat, medicines, and other frozen or refrigerated cargo to its customers.

The launching of the new corvette “Ins Magen” in Kiel marks an important step in the ongoing program of Thyssenkrupp Marine Systems as general contractor to build four next-generation SA’AR-6 class missile vessels for the Israeli Navy.The ship was named by Mrs. Eti Sharvit, wife of Vice Admiral Eli Sharvit, Chief of the Israeli Navy, in presence of high-level representatives from the Israeli Government and Navy as well as high-ranking German Navy officials.Dr. Rolf Wirtz, CEO of thyssenkrupp Marine Systems: "We are very proud to be contributing to Israel's security.

The Israel-headquartered container carrier Zim Integrated Shipping Services (ZIM) reported  a first-quarter net loss of $17.5 million compared with a net loss of $26.1 million in the first quarter of 2018.The global container shipping company said in a stock exchange annoucement that its first-quarter revenues were $796.2 million, an increase of 6% over the $751.4 million reported for the first quarter of 2018.In Q1 2019, ZIM carried 668 thousand TEUs (reflecting a decrease of 4.3% compared to Q1 2018)…