SERVICES

Europe

Brexit, Cork and Amsterdam sign agreement
MSC to boost Costa Rican pineapples’s export
MSC buys a 49% stake in Messina

MSC buys a 49% stake in Messina

Genoa - The world’s no. 2 container line Mediterranean Shipping Company (MSC)has acquired a 49% stake in smaller Italian counterpart Messina, in another sign of consolidation in the sector

Fitch: “3D Printing will affect ports”
Bimco: “Container market demand weakens”

North Africa

UAE tanker with Iranian oil seized by Egypt

UAE tanker with Iranian oil seized by Egypt

Ras Banas - 31 crew of Suezmax crude oil tanker “Sea Shark” called Russian News Agency TASS and asked for help, describing their dramatic situation. Owned by UAE-based company tanker loaded a shipment of crude oil at Kharg Island Oil Terminal, Iran, and sailed to Suez in late Oct 2018, where tanker stopped

Egypt receives third ThyssenKrupp submarine

Egypt receives third ThyssenKrupp submarine

Cairo - Egypt on Friday formally received a third submarine of the fourit has been promised, as part of a deal with Germany that has caused considerable controversy in Israel. A ceremony held at the shipyards of shipbuilding company Thyssenkrupp in the city of Kiel was attended

Armed group tried to attack Libya’s El Sharara oilfield
Five Algerian billionaires arrested

Five Algerian billionaires arrested

Algiers - Five Algerian billionaires,some of them close to former president Abdelaziz Bouteflika who quit over mass protests, have been arrested as part of an anti-graft investigation, Algerian state TV said on Monday. The five are Issad Rebrab, considered the richest businessman in the energy-rich north African nation

Thousands of Moroccan teachers stage protest over pay terms

Middle East

Tanker attacks cause jitters among Gulf bond investors
Japan shipping company Kokuka Sangyo says its tanker was attacked in Gulf
Two 20,000 teu COSCO megaships at Khalifa Port

Two 20,000 teu COSCO megaships at Khalifa Port

Abu Dhabi - CSP Abu Dhabi Terminal, a container terminal built and operated by China’s COSCO Shipping Ports Limited (CSP) at Khalifa Port in partnership with Abu Dhabi Ports, has received two of the world’s largest mega-vessels within less than a month

Trump vs. Iran: Saudis say they will defend themselves
The gathering storm? / ANALYSIS

The gathering storm? / ANALYSIS

London - Not in a long time has the geopolitical situation in many of the worlds largest crude providers been so precarious. At the time of writing, many are still trying to understand the rationale behind the sabotage of vessels at Fujairah and drone attacks on Saudi Arabian pumping stations

Black Sea

New LNG-hybrid vessels for Seaspan Ferries

New LNG-hybrid vessels for Seaspan Ferries

Mangalia - Canadian transport provider Seaspan Ferries will be adding two new liquid natural gas (LNG) – battery hybrid ferries to its fleet in 2021. The 149-meter-long vessels will be constructed by Damen Shipyards Gorinchem at their Mangalia Shipyard in Romania, with construction scheduled to begin in 2019

Damen-De Beers pact, focus on Mangalia

Damen-De Beers pact, focus on Mangalia

Mangalia - On 15 May 2019,Damen Shipyards Group and De Beers Marine Namibia participated in a special steel cutting ceremony to mark the beginning of construction on a new offshore vessel. In February 2019, De Beers Marine Namibia awarded a contract to Damen to build a new crawler diamond recovery vessel

“Nothing wrong giving Russian passports to East Ukraine residents”
Ukraine enters uncharted new era / FOCUS

Ukraine enters uncharted new era / FOCUS

Kiev - Ukraine entered uncharted political waters on Monday after near final results showed a comedian with no political experience and few detailed policies had dramatically up-ended the status quo and won the country’s presidential election by a landslide

EU urges new Ukraine leader to push reforms