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north-africa

shipping

Hapag-Lloyd offers new African service

Hamburg - German transportation company Hapag-Lloyd has expanded its African liner services to offer its MIAX (Middle East-India-Africa Express) service starting in October 2019

ports

La Spezia-Casablanca deal to improve freight exchange

Genova - Eastern Ligurian Sea Port Authority (AdSP) and the Agence Nationale des Ports of Morocco have signed an agreement to start a project between the port of La Spezia and the port of Casablanca for the implementation of a logistics corridor

finance and politics

UN wants urgent end to migrant returns to Libya

Benghazi - The U.N. refugee agency is calling for an immediate end to bringing migrants trying to cross the Mediterranean back to Libya after an airstrike hit a detention center, killing at least 40 people. UNHCR had warned less than two months ago that anyone inside the Tajoura detention center was at risk

ports

Tangier port to become Mediterranean’s largest

Tangier - Already the biggest port in Africa with an annual volume of 3.5 million twenty-foot equivalent units (TEU) in 2018, Tanger Med will add six million in capacity after its extension worth 1.3 billion euros making it the largest in terms of container capacity in the Mediterranean.

regulation

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

shipyard and offshore

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

oil and energy

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

finance and politics

Thousands of Moroccan teachers stage protest over pay terms

Rabat - About 10,000 teachers staged a new protest in the Moroccan capital Rabat on Sunday to demand permanent jobs, hours after police had used water cannon to disperse an overnight demonstration.

finance and politics

Algeria orders early university holiday as students spur protests

Algiers - Algerian authorities on Saturday ordered an early start to the spring university holiday, an apparent attempt to weaken two weeks of student-led protests against President Abdelaziz Bouteflika.

ports

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.

shipowners

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

markets

Disappointing factory activity threatens global growth

London - Factory activity was at its weakest in years across much of the world during January, adding to worries trade tariffs, political uncertainty and cooling demand poses an increasing threat to global growth