The booming East African products import market is little remarked on but is playing a role in sustaining demand for MR and LR product carriers. Rising population and increased mining activity are behind the surge according to London broker E.A...
Muscat - Oman Shipping Company (OSC) has taken delivery of Very Large Ore Carrier (VLOC) Vale Shinas, which will be used to transport iron ore from Brazil to the Vale pelletisation plant in Sohar.
Lagos: Marine Platforms Limited (MPL), a young Nigerian company servicing the West African Oil and Gas industry, has ordered a subsea vessel from Havyard.
Kuwait: United Arab Shipping Company (UASC) and China Shipping Container Lines (CSCL) are teaming up to launch three new transpacific services covering both Pacific South West (PSW) and Pacific North West (PNW).
Croydon: The International Committee on Seafarers' Welfare (ICSW) and the International Seafarers' Assistance Network (ISAN) have merged to form a new organisation, the International Seafarers' Welfare and Assistance Network (ISWAN).
New Delhi: The Indian government has dissolved Irano Hind Shipping Company, a joint venture between state-run Shipping Corporation of India (SCI) and Islamic Republic of Iran Shipping Lines (IRISL).
Dubai: Shiprepair, conversion and newbuild group Drydocks World has announced the launch of a Global Offshore Services arm, coinciding with the opening of a new workshop in Fujairah to complement its existing facilities in Dubai.
Dubai: Shares in Gulf Navigation, a Dubai-based oil and chemical tanker shipping company, plummeted after it reported a doubling of annual losses. Company auditors warned its future depends upon the willingness of its lenders to keep it afloat.
