The growing appeal of Cyprus as a shipping hub is apparent when one looks at the numbers.
Lawyers from Reed Smith liken the raft of uncertainties facing shipowners and charterers in their charter contracts relating to compliance with the IMO’s 2020 sulphur cap to that of the UK with Brexit.
China’s top container carrier Cosco Shipping Lines signed a strategic Memorandum of Understanding with Africa-based Bolloré Transport & Logistics to develop new opportunities in transport, logistics and port infrastructure.
The Panama Canal Authority (ACP) is reducing he maximum draught for the new locks for the third time based on the present and projected levels of Gatun Lake for the following weeks.
Earlier this week, HRH Prince Mohammed bin Salman, Crown Prince, Vice President of the Council of Ministers and Minister of Defense, Saudi Arabia, officially inaugurated King Abdullah Port (KAP), the first example of government-private joint-enterprise in the maritime sector.
Panama marine fuel sales in 2018 were hit by the “bad bunkers” problem that started in the US Gulf region with a 1.8% drop in sales.
The Dubai Maritime City Authority (DMCA) has released a list of all the technology and innovation initiatives that it has undertaken over the past year, as part of its ongoing efforts to make the city a competitive and attractive maritime cluster in line with the aims of Dubai Plan 2021 for economic development of the Emirate.
Labour unions are planning to stage a strike to potentially block the process of Hyundai Heavy Industries (HHI) acquiring and merging with its smaller rival Daewoo Shipbuilding & Marine Engineering (DSME), reports said.
One of the most dysfunctional episodes in the UK government’s planning – or lack thereof – for Brexit seemingly came to an end over the weekend when the Department for Transport announced it was cancelling its award of a £13.8m contract to UK start-up company Seaborne Freight for a new ferry service between Ramsgate and Ostend.