Category: Foreign News

DP World moves in on Jebel Ali Free Zone

The shareholders of the DP World approved the acquisition of Economic Zones World FZE, owner of Jebel Ali Free Zone, at the Extraordinary General Meeting held yesterday...

DP World eyes 10 pct of globally traded goods

Dubai-based terminal operator DP World plans to acquire 10% of goods traded on global level by the end of the year, the company’s Chairman Sultan Ahmed bin...

HK shipowners add voice in opposition to EU MRV plans

The Hong Kong Shipowners’ Association (HKSOA) has added its voice to opposition to the European Union’s proposed monitoring, reporting and verification (MRV)...

Canadian ports offer little relief from U.S. West Coast gridlock

The gridlock at U.S. West Coast ports that has forced McDonald’s to ration French fries at its Japanese restaurants and interrupted supplies to retailers such as...

Container ship captain, officer detained after deadly collision in Gulf of Suez

The captain and first officer of a Kuwaiti container ship have been detained for four days after their ship collided with a fishing vessel in the Red Sea, killing 13...

Beirut court rules in favor of CMA CGM chief

Legal dispute between Johnny Saadé, brother of founder and chairman of French liner giant CMA CGM,  Jacques Saadé, for a stake in the company, has taken another turn...

Bumi Armada seals $1.1bn Madura field FPSO deal

Bumi Armada has finally clinched its long-awaited Madura field floating production storage and offloading (FPSO) vessel deal, announcing that PT Armada Gema Nusantara...

Italy rescues 150,000 migrants at sea

Through November 30, 2014, a total of 163,368 migrants have been rescued at sea this year, data released by Italy’s Ministry of the Interior show. That is an...

Three killed in engine room fire aboard luxury cruise ship

Three people have died from injuries sustained in an engine room fire aboard an Oceania Cruises cruise ship. The fire broke out Thursday morning aboard the MS...

Record oil tankers seen sailing to China amid stockpiling signs

The number of supertankers sailing to China jumped to a record in ship-tracking data amid signs that the oil-price crash is spurring the Asian nation to stockpile. There...

IMO, UN agencies call for swift action to address maritime migration

The International Maritime Organization (IMO) and other UN agencies are calling for a concerted effort from the international community in response to the staggering...

EU to include seafarers in its legislation

The EU’s Council of Employment and Social Policy Ministers reached an agreement Wednesday last week on the European Commission’s proposal to amend five EU...