SERVICES

Europe

Trafigura halts oil trade with Venezuela

Trafigura halts oil trade with Venezuela

Geneva - Global commodities firm Trafigura has decided to stop trading oil with Venezuela due to U.S. sanctions on the OPEC nation’s energy sector, a source with direct knowledge of the matter said

DSV raises offer for Panalpina in logistics tug of war
Maersk’s subsidiary renews its fleet
Venezuela, Skuld warns against damages to shipping industry
Container growth pushes Rotterdam to a new high

North Africa

Libya dreams of mega port in history-laden east

Libya dreams of mega port in history-laden east

Sisah - Texas-based security firm Guidry Group confirmed to Reuters it planned to sign a 35-year deal to build and operate the project in a region once occupied by the ancient Greeks, before handing it back to the local authority.

Blocked wages, sailors caught at port of Genoa

Blocked wages, sailors caught at port of Genoa

Genova - A crew hostage of the ship, a ferry flying the flag of Morocco built almost 40 years ago. Without the possibility to go ashore and without more food on board. Seven sailors who have not received salaries for months and are hundreds of miles away from home and family

Disappointing factory activity threatens global growth
German Shipowners press the UE for action on refugees
“International military action against piracy”

Middle East

Sanctions on Iran dampen South Korean petchem exports
DP World’s growth slows down

DP World’s growth slows down

Dubai - Dubai’s port operator DP World handled 71.4 million TEUs in 2018, with gross container volumes growing by 1.9% year-on-year. The United Arab Emirates handles 15 million TEUs, down 2.7% compared to 2017

Disappointing factory activity threatens global growth
“International military action against piracy”
Oman Shipping mulls further ship investments

Oman Shipping mulls further ship investments

Muscat - Following last week’s order for two very large crude carriers (VLCC) placed with South Korean shipyard Daewoo Shipbuilding Marine Engineering (DSME), Oman Shipping Company is set on growing its fleet further

Black Sea

ICTSI expands Georgia terminal

ICTSI expands Georgia terminal

Manila - Global port management company International Container Terminal Services has inaugurated the expansion of its Batumi International Container Terminal (BICT) in Georgia

Disappointing factory activity threatens global growth
At least 10 dead as fire rages on Black Sea ships
Ten crew members dead after two ships catch fire near Crimea
Moscow extends arrest for Ukrainian seamen

Moscow extends arrest for Ukrainian seamen

Kiev - A Moscow court has extended the detention of eight Ukrainian seamen whowere among 24 captured by Russian coast guards in the Black Sea. Three Ukrainian vessels and their crews were fired at and seized by the Russians in November