EU antitrust regulators have again halted their investigation into world No. 1 shipbuilding group Hyundai Heavy Industries’ merger with Daewoo
At least seven ships have caught fire at the port of Bushehr in southern Iran
Hong Kong has reversed itself reinstituting tighter controls governing crew changes scheduled to take place in the port. A month ago, port officials had relaxed the rules as part of the worldwide effort to facilitate crew changes
Abu Dhabi - Etihad Aviation Group is has launched a new programme for suppliers in the UAE who would like to partner with the airline to provide their products and services. Vendors across the supply chain are encouraged to join Etihad’s Al Watani programme provided they fulfil its application criteria. To be eligible, suppliers must demonstrate their active contribution to the UAE’s market by having an operating business in the country.
Thessaloniki - China Merchants Port Holdings (CMPort) held a virtual signing ceremony with the Thessaloniki Port Authority S.A.(ThPA) in Shenzhen, Greece and Hong Kong and signed two agreements on the strategic cooperation and port information system
Hamburg - Germany-based Hapag-Lloyd Cruises has announced plans to commence sailing by the end of this month with the implementation of hygiene and preventive measures. The cruises will first begin from Hamburg on the "Europa 2" luxury ship and the "Hanseatic" inspiration expedition ship
Miami - The world’s largest cruise liner company Carnival Corporation is about to shed 13 ships from its fleet though demolition and sales deals as it works on cutting maintenance costs and curbing the impact of the COVID-19 pandemic on its business.
Washington - The Pentagon needs Congress to approve “around $10 billion” to cover defense contractors’ coronavirus-related expenses, a top defense official said Monday. Alan Shaffer, deputy defense undersecretary for acquisition and sustainment, became the first Defense Department official to put a price tag on the relief effort
Seoul - Samsung Heavy Industries (SHI) is developing innovative methods to facilitate smart shipping by undertaking thorough research across their multiple research centres in Geoje, Daeduk and Pangyo in Korea. According to a statement issued by the company, the aim is not only to transform Samsung's shipyard at Geoje into a smart shipyard
The slump in China’s exports likely eased in June as some countries reopened their economies, while imports contracted less sharply on higher crude oil and commodities purchases, a Reuters poll shows
Britain’s government has no plans to build a new lorry park in Dover, cabinet office minister Michael Gove said on Monday, adding that ministers would create infrastructure away from ports and instead inland
Russia’s Gazprom Neft, the oil arm of gas giant Gazprom, has shipped its first cargo with Arctic oil to China via the Northern Sea Route
Russian mining giant Norilsk Nickel said on Sunday that around 45 tonnes of aviation fuel had leaked from its pipeline in the Arctic
Britain will spend 705 million pounds (€790 million) on border infrastructure to help keep trade flowing after its transition deal with the European Union expires at the end of the year
Iran is determined to develop its oil industry in spite of U.S. sanctions imposed on the country
Athens - As freight rates, particularly in the dry bulk market, ships’ recycling activity has taken a hit. In periods of a strong market environment, demolition activity tends to suffer and this has occurred once more
Singapore - The Baltic Exchange, in collaboration with Xinhua, the Chinese state news agency, has published the 2020 Xinhua-Baltic International Shipping Centre Development (ISCD) Index. The index, in its 7th edition, provides an independent ranking of the performance of the world’s largest cities that offer port and shipping business services
Long Beach - The coronavirus pandemic continues to hammer U.S. west coast ports. The Port of Long Beach on Friday reported that 602,180 TEU was moved across its docks in June, making for an 11.1% decline compared to June 2019. Imports shrank 9.3% to 300,714 TEUs, exports dropped 12.2% to 117,538 TEUs, and empty containers shipped overseas to Asia were down 13.1% to 183,928 TEUs
Tel Aviv - Israel Shipyards announced July 9 the delivery of two OPV-45 Offshore Patrol Vessels to an African navy. The agreement to supply the ships was signed in order to provide significant protection against the increasing threat of piracy in the region. The agreement includes ongoing support and training of the technical and operational teams
Turin - Webuild, formerly Salini Impregilo, and its partners have won a €220-million contract to help develop the base tunnel between Turin and Lyon, a major infrastructure project that is part of an ambitious European Union initiative of sustainable mobility to connect the continent’s railway networks and increase the transport of people and goods on rail rather than road
