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Middle East & Africa

Cairo: Egypt’s Suez Canal toll hikes, which raise prices between 2-5%, have been implemented as of today, renewing concerns that shipowners will re-route ships around the Cape of Good Hope…
Copenhagen: Six seafarers from the Danish vessel Leopard held hostage by Somali pirates since January 2011 have been released.
Dubai: Bahri (formerly National Shipping Company of Saudi Arabia) has today taken delivery of a new 26,000dwt RoCon general cargo vessel, named the Bahri Hofuf, from Hyundai Mipo in South…
Lagos: Three seafarers from Sri Lanka and one each from Russia and Myanmar were taken hostage after 14 heavily armed pirates boarded a container vessel and breached its citadel, the…
Cairo: Libya is to commence shipments of 12m barrels of oil to Egypt next month, in a deal worth $1.2bn.
Merchant marine issues have gone mainstream; the firestorm in the shipping press during the past few weeks over US food aid with implications for US-flag shipping, has moved into mainstream…
Lagos: Container ship Hansa Marburg has been attacked and four crew kidnapped 130nm off the coast of Equatorial Guinea, operator Leonhardt and Blumberg says.
Oslo: Gas transportation company IM Skaugen (IMS) today announced a drop in gross revenues and profit in the first quarter of 2013.
Dubai: DP World chairman Sultan Ahmed Bin Sulayem told stakeholders the Dubai maritime giant handled 12.8m teu globally in the first three months of 2013.
Dubai: A senior marine insurance expert from Skuld has called for extra care when receiving shore side bunkers in the UAE.
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