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Brussels grants subsidies another 40 million euros to shipowners
The funds will cover the deduction of seafarers embarked on ships operating in cabotage The European Commission has announced that it has “approved an Italian scheme of about 40 million euros to support cabotage and other maritime services”. The note explains that the measure was “approved under the Temporary State…
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Xeneta container rates alert: long-term shipping rates shrug off uncertainty to rise again
Oslo, Norway – It’s been another bumper month for long-term contracted ocean freight rates, as the cost of securing container shipments climbed by 10.1% in June. Following on the heels of a record 30.1% hike in May, this now means rates stand 169.8% higher than this time last year, with…
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Full international return for Nor-Shipping 2023 with Asian pavilions and surging sales
Nor-Shipping 2023, taking place 6-9 June, looks set to build on the success of this year’s outing, with strong early sales and commitments from numerous national pavilions to return to the exhibiting fold. A total of 14 countries have so far secured dedicated pavilions to showcase local expertise, including Singapore…
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ABS Expands U.S. Dredger Class Leadership
ABS to Class Second Trailing Suction Hopper Dredge for Great Lakes Dredge & Dock Company (AMELIA, Louisiana) A second Great Lakes Dredge & Dock Company, LLC (GLDD) trailing suction hopper dredge (TSHD) is to be built to ABS Class at Conrad Shipyard. Able to dredge at depths of up to…
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IRClass refutes servicing vessels carrying Russian flags
Reuters reported that IRS was providing safety certification for more than 80 ships managed by Dubai-based SCF Management Services, a Sovcomflot subsidiary. Indian Register of Shipping (IRS) has clarified its position in regard to recent media reports that allege links to Russia amid Moscow’s ongoing military offensive against Ukraine. Responding…
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“DNV” accredits the Maritime Training and Simulation Center as an international center in Suez Canal Authority
The international accredited registrar and classification society “DNV” has approved the Maritime Training and Simulation Center of the Suez Canal Authority in Ismailia as an internationally accredited center in the field of providing marine training services. Which took place during the month of June, thus joining the center to a…
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African teamwork by Inchcape smooths the way for faster port turnarounds
Deviations found by customs and immigration officials boarding vessels can result in cumulative fines of as much as $20,000 per vessel on average. People’s power is a vital factor in expediting port calls efficiently in Africa, according to Inchcape Shipping Services’ Area General Manager Adrian Richter. “Our greatest asset is…
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Maersk Drilling awarded a one-well contract with Shell in the UK North Sea
Maersk Drilling has secured a contract from Shell UK Ltd for the provision of the harsh-environment jack-up rig Maersk Resilient for the drilling of the Pensacola well in the UK sector of the North Sea. The contract is expected to commence in the second half of 2022, in direct continuation…
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Rabie receives a high-level delegation of ambassadors of the European Union in Egypt ( Video )
Admiral Osama Rabie, Chairman of the Suez Canal Authority, received today, Tuesday, a high-level delegation of ambassadors of the European Union in Cairo, headed by Mrs. Marina Fraila, Deputy Ambassador of the European Union and Chargé d’Affairs, to discuss ways of joint cooperation, and learn about development projects in the…
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Vestdavit goes to great lengths with telescopic davit delivery for Danish Navy
Vestdavit has literally extended its range of boat-handling systems with a new telescopic davit specially designed and developed for a technically demanding retrofit contract with the Royal Danish Navy. The leading Norwegian davit supplier has now secured the coveted award to deliver a total of eight TDBS 8000 systems for…
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