Egypt Okays BP, Mubadala Acquisition of Stake in Eni's Noor Concession
Egypt’s petroleum ministry has signed an agreement for UK Petroleum giant British Petroleum (BP) and UAE investment fund Mubadala to buy a 45 percent stake in the country's Noor offshore natural gas concesion in the Mediterannean from Italy’s Eni.In the concession, which is in participation with Egyptian Natural Gas Holding Company (EGAS), Eni as operator through its subsidiary, IEOC, now holds a 40 percent interest. The other partners in the concession are BP with 25 percent…
Chinese Consortium Bags USD 1.4bln Panama Bridge Project
The government of Panama gave a US$1.4 billion contract to build a bridge over the Panama Canal to Panama Cuarto Puente, a Chinese consortium.Panama Cuarto Puente consortium or so-called Panama Fourth Bridge Consortium, composed of China Communications Construction Company (CCCC) and its unit China Harbour Engineering Company (CHEC), will design and build a bridge over the Panama Canal.According to a report in Reuters, the 6.5-km (4-mile) bridge will have six car lanes and a two-way metro line.
The Last Mediterranean Refugee Rescue Ship Ends Operations
The last refugee rescue ship working in the Mediterranean Sea, Aquarius, has ended her operations, French NGO Medecins sans Frontieres said late on Thursday, blaming harassment from Italy and other countries."This is a sombre day," Nelke Mander, Medecins sans Frontieres's general director, said in a statement. "The end of our operations onboard the Aquarius will mean more death in the sea, deaths that are avoidable and without witnesses."The decision to moor the Aquarius is the result of a "constant denigration, smearing and obstruction campaign led" against Medecins sans Frontieres and SOS MEDITERRANEAN by the Italian government and supported by other European countries…
HMD Wins $77m LNG Shipbuilding Deal
Hyundai Mipo Dockyard (HMD) became Korea’s first shipbuilder to win an order for a small-to-medium-sized liquefied natural gas (LNG) carrier from a foreign shipping company, gaining momentum to pioneer the emerging small-scale LNG tanker segment.HMD signed a contract with Norway’s Knutsen to build a 30,000 cu. m. LNG carrier for $77 million, with an option for a second vessel of the same specification.The signing ceremony, held in Knutsen’s headquarters office based in Oslo, was attended by Hyundai Heavy Industries’ (HHI) President Ka Sam-hyun and Knutsen’s President Trygve Seglem along with others.The vessel on order from Knutsen is 180 meters in length…
ClassNK Opens New Survey Office in Italy
Leading classification society Nippon Kaiji Kyokai, also known by the brand name 'ClassNK', has opened a new exclusive survey office in Reggio Calabria, Italy with operations beginning 5 December, 2018.Reggio Calabria, located in Southwest Italy, faces the Strait of Messina which crosses through the Italian Peninsula and Sicily. In recent years, the number of surveys and audits required in the southern part of Italy and Malta has been increasing.Through the opening of its latest office…
Migrants die in boat off Libya, Egyptian survivor says
MISRATA, Libya, Dec 4 - Fifteen migrants have died in a boat off the Libyan coast after spending 12 days at sea without food or water, an Egyptian survivor said on Tuesday.Only 10 migrants from the capsized boat survived, all of whom were suffering from severe dehydration, Othman Belbeisi, head of the U.N. migration agency IOM in Libya, said on Twitter.The owner of a beach chalet found the migrants washing up on the shore near the city of Misrata and called authorities, who brought them to the Red Crescent relief service and hospitals, residents said."We were 25 migrants on a boat ... We set off from (the western Libyan town of) Sabratah and we were at sea for 12 days without food and water," the survivor said.
REMPEC Promotes Spill Prevention and Response in Western Mediterranean
Response plans are essential to ensure reliable national and sub-regional systems for preparedness and response, trained personnel, basic equipment and contingency plans for combating marine pollution incidents.The Regional Marine Pollution Emergency Response Centre for the Mediterranean Sea (REMPEC) , the International Maritime Organization (IMO) -administered pollution emergency response centre in the Mediterranean, facilitated the organization of a meeting of national authorities…
Shanghai Waigaoqiao Shipyard Delivers World's First iVLOC
The world’s first intelligent very large ore carrier (iVLOC), the DNV GL-classed Pacific Vision, was delivered by Shanghai Waigaoqiao Shipyard to China Merchants Energy Shipping Company.Norway-headquartered international accredited registrar and classification society said in a statement that the vessel is the world’s first VLOC to implement DNV GL’s SmartShip descriptive notation.To qualify for the notation, Pacific Vision has been outfitted with an integration platform, a smart navigation decision support system…
Baleària Rolls-out LNG-Fueled Ferry Marie Curie
Baleària shipping company, based in Dénia and a world pioneer in the use of liquefied natural gas (LNG) as fuel, has launched Marie Curie, its new smart ship with LNG engines.The launching ceremony took place at Cantiere Navale Visentini in Italy. The newbuilding is the company’s first ferry fueled by LNG that will operate in the Mediterranean.Marie Curie is one of two dual-fuel, gas-powered ferries being built at the yard, located near Venice. The sister vessel, Hypatia de Alejandria, is also nearing completion.
Gothenburg-Belgium RORO Traffic Goes Up
Ro/Ro traffic between Sweden and the continent are increasing, as volumes between Gothenburg and Belgium have risen for the ninth consecutive year. During this period volumes between Belgium during have doubled, and the number of departures has risen from 12 to 16.Shipping companies are also in the process of expanding their networks from Gothenburg across large parts of Europe – often via the Belgian ports in Ghent and Zeebrugge, which act as hubs for intra-European ro-ro traffic.During 2017…
Rimorchiatori Spezzini Orders Two Damen ASD Tugs
Rimorchiatori Spezzini, a subsidiary of the Scafi Group, contracted Damen Shipyards Group for two new Damen ASD Tugs 2411. The order comes as part of Scafi’s plans to expand its fleet in response to the newly assigned harbor towage concession in the port of Safi, Morocco. The two new ASD Tugs will be based in the Port of La Spezia, an important maritime hub for commercial markets in North Italy, Austria, Switzerland and Germany. (Read more about the Port of La Spezia in the latest…
Windstar Cruises Announces $250 Million Star Plus Initiative
Major Investment Engages Fincantieri to Renovate & Lengthen Windstar’s Three Star-Class Ships beginning in Fall 2019. Windstar Cruises today announces the $250 Million Star Plus Initiative, a major investment and expansion for the innovative cruise company. The multi-million dollar, multi-year undertaking will impact and enhance all aspects of the guest experience for the highly awarded small ship cruise line’s three Star Class vessels. “We are thrilled to announce the $250 Million Star Plus Initiative, a significant investment in the future of Windstar Cruises.
Migrants Rescued by Cargo Ship Refuse to Disembark at Libyan Port
Some 95 migrants picked up by a cargo ship off the Libyan coast have refused to disembark in the western city of Misrata, officials from the United Nations and Libyan coast guard said on Monday.The Libyan coast guard, supported by Italy, has stepped up patrols to stop boats with mainly African migrants from leaving Libyan shores for Europe.A cargo ship bound for Misrata rescued on Thursday around 95 migrants whose boat was about to sink, Rida Essa, a Misrata-based coast guard commander, told Reuters.He said coast guard vessels had been unable to reach the site of the accident so the cargo ship brought them to Misrata, Libya's biggest port."They (migrants) did not want to leave the ship...We tried to negotiate with them and this has lasted for three days…
Contship Expands Intermodal Service
Contship Italia Group has been pulling all the stops to increase its intermodal offering during the past months.Italy’s leading service provider for integrated global supply chains said that its Rail Hub Milano (RHM) and its gateway ports La Spezia and Ravenna serve as backbone of the Group’s growing intermodal network.La Spezia is geographically located within a range of 320 km from the key economic regions in Italy, accounting for over 47% of the total Italian GDP. RHM is located in Melzo, just outside the city of Milan at the heart of consumer and industrial regions.
Italian Police Make Major Heroin Haul on Ship From Iran
Italian police discovered 270 kg (600 lb) of heroin hidden in a container that arrived aboard a ship from Iran, the biggest such haul for at least 20 years in Italy, police said on Thursday.The freighter had set sail from the Iranian Gulf port of Bandar Abbas and stopped off in Hamburg, Germany and Valencia, Spain before reaching the Italian port of Genoa on Oct. 17, where police discovered the heroin stashed away in a consignment of Bentonite clay.A police spokesman said investigators were not sure when or where the drugs were brought onto the ship.Police allowed a small portion of the illicit cargo to continue its planned journey by truck to the Netherlands.They tracked the vehicle as it crossed Switzerland…
Effer Becomes Part of Hiab
Loader crane manufacturer Hiab, part of Cargotec, has completed the acquisition of Effer loader cranes business from the CTE group.According to a press release from Hiab, the signing of the transaction was announced on 31 July 2018. For Hiab as the global leader in on-road load handling solutions, this acquisition means a significant advancement in its ambition to be leader in cranes and preferred partner for its customers.Effer, headquartered in Minerbio, Italy, and with approximately 400 employees, is a renowned premium knuckle-boom crane manufacturer.
Spanish Coast Guard: 17 Migrants Perish in Western Med
At least 17 migrants died in the space of 24 hours while trying to cross the sea from North Africa to Spain, and rescuers picked up more than 100 others, the Spanish coast guard said on Monday.Two rafts were found in the Western Mediterranean between the Iberian peninsula and Morocco and Algeria with 80 people aboard, and 13 dead. They were taken to the Spanish North African enclave of Melilla, the coast guard said.The coast guard also found four bodies and rescued 22 men in the Atlantic off the southern Spanish city of Cadiz.Spain has now become the main destination for undocumented migrants and refugees from Africa and the Middle East trying to reach Europe.More than 47,000 people made the treacherous journey to Spain, often on flimsy dinghies and rafts, between Jan. 1 and Oct.
Fincantieri to Establish Cruise Hub in China
The cruise shipbuilder Fincantieri has signed contracts with the Shanghai City’s District of Baoshan to set up a cruise hub."At the presence of the Deputy Prime Minister of Italy and Minister of Economic development and Labor Luigi Di Maio and the Chairman of Cassa depositi e prestiti Massimo Tononi, the Fincantieri CEO Giuseppe Bono and the District Mayor of Baoshan Fan Shaojun, within the development of the shipbuilding segments, set out by China, have signed the contracts aimed at creating a cruise hub…
US Grants Temporary Iran Oil Waivers to Eight Countries
The United States has granted exemptions to eight countries allowing them to temporarily continue buying Iranian oil, Secretary of State Mike Pompeo said on Monday, as Washington reimposed sanctions on Iran's banking, energy and shipping industries.Some of the eight countries - China, India, Greece, Italy, Taiwan, Japan, Turkey and South Korea - include OPEC member Iran's top customers.Pompeo said more than 20 countries have already cut their oil imports from Iran, reducing purchases by more than 1 million barrels per day.(Reporting by Lesley Wroughton, Susan Heavey and Humeyra Pamuk; Editing
Hicks takes the Helm at LR Americas
Lloyd’s Register (LR) announced that John Hicks is President of Americas Marine & Offshore. Hicks returns to the U.S. after two years of leading LR’s Global Passenger Ship Center in Trieste, Italy as Global Passenger Ship Sector Manager and Italy’s Marine Manager. Previously based in the U.S., he was Business Development Manager for the Americas as well as LR’s Applied Technology Group (ATG).One of the key priorities for John in his new role is continued focus on LR’s expansion of its Digital Innovation services.
Leonardo CEO: Fincantieri JV to Favor Talks with France
A joint venture signed between defense company Leonardo and shipbuilder Fincantieri will favor Italy's talks with France over a military shipbuilding deal, Leonardo CEO told Corriere della Sera on Monday.Earlier this month the two Italian companies sealed a deal over the development of combat systems, strengthening their cooperation in the naval sector.Separately, Fincantieri and French state-controlled shipyards Naval Group last week announced a joint venture for warship projects, moving closer to a broader alliance between the two countries on military shipbuilding.Leonardo, which supplies c
Navy of the Future: The Revolution & Evolution of Surface Combatants
Following the drawdown at the end of the Cold War, the Navy finds itself trying to build up again. The expansion of Russian and Chinese naval power has changed the calculus. While there will always be a debate about the final number of ships to build, we can all agree on one thing: the Navy must get bigger and the demand signal is to start building now,” said Chief of Naval Operations Adm. John Richardson, in testimony before Congress regarding the sea service’s 2019 budget request.
Croatian Shipbuilders Strike Again Over Late Salary
Workers at Croatia's largest shipbuilding group Uljanik on Monday held their second strike in less than two months, this time over unpaid salary for September.In late August, the workers downed tools because of uncertainty over payments for July and August. Those two months' salaries were secured after the government reached a deal with a local bank.Uljanik owns two docks, with some 4,000 workers, located in the northern Adriatic cities of Pula and Rijeka. Some 1,500 started a…