High transport fees irk Lebanese shippers

High transport fees irk Lebanese shippers

Dubai: Shippers in Lebanon have hit out at the high ocean freight charges they are facing. The former president of the Lebanese Industrialists Association Fadi Abboud told local media, “It costs around $800 to load a 40-foot container on a ship at Port of Beirut before even shipping it. This makes Lebanon among the most expensive countries in the world when it comes to shipping costs.”

Dubai’s maritime contribution to local GDP praised

Dubai’s maritime contribution to local GDP praised Dubai: Dubai's maritime sector now accounts for around 4.6% of Dubai’s GDP or equivalent to Dh14.4bn, according to Sultan bin Sulayem, chairman of Dubai Ports, Customs and Free Zone Corporation and president of Dubai Maritime City ...

Iraqi oilfield starts production

Iraqi oilfield starts productionDubai: South Korea’s Kogas and Russia’s Gazprom on Monday announced they have started commercial production of crude oil from the Badra field in Iraq, an area near the Iranian border to the south of Baghdad that is still not hit ...

India allocates $100m to help develop Chabahar port

India allocates $100m to help develop Chabahar portDubai: India has allocated $100m to help develop the port of Chabahar in Iran, to improve trade with Afghanistan and other Central Asian countries, Afghan envoy to India Shaida Mohammad Abdali said. "Ultimately the port connects t...

Cairo kicks off Suez expansion financing scheme

Cairo kicks off Suez expansion financing schemeCairo: Egypt will issue government certificates to finance the Suez Canal project on Monday. The project includes the development of 76,000 sq km around the canal into an international industrial and logistics hub to attract more sh...

Drydocks World transfers fleet to Tasneef

Drydocks World transfers fleet to TasneefDubai: Emirates Classification Society (Tasneef) has signed a contract with Drydocks World that stipulates Tasneef will provide the classification and maritime surveying services to Drydocks fleet which is composed of 11 ships includ...

Work to start on Qatar’s first self-built liftboat

Work to start on Qatar’s first self-built liftboatDoha: Nakilat-Keppel Offshore & Marine (N-KOM) has selected ABS to class the first self-elevating unit ever to be built in Qatar. The project also will be the first offshore newbuild project undertaken by the shipyard.

Doha New Port to start operations in two years

Doha New Port to start operations in two yearsDoha: The first phase of the 26 sq km, QR27bn ($7.4bn) New Port Project is set to be operational by the end of 2016 with an initial 2m teu capacity which will rise to 6m teu by 2020.

Qatar’s LNG dominance under pressure: Wood Mackenzie

Qatar’s LNG dominance under pressure:  Wood MackenzieKuala Lumpur : Consultants Wood Mackenzie reckon that by 2020, Malaysia has the potential to be the largest supplier of flexible LNG to the global market, larger even than Qatar. The supply capacity of Malaysia’s Petronas is growin...

New title covering marine lubricants debuts

New title covering marine lubricants debutsSingapore: Today sees the launch of another magazine from the Asia Shipping Media stable, the third in three days. Maritime CEO teamed up with Singapore firm UniMarine to debut a special marine lubricants title in time for the giant ...

Es Sider gears up for more oil exports

Es Sider gears up for more oil exportsCairo: Libya’s giant Waha oil field is back in operation. The eastern oil field can produce up to 160,000 barrels a day when fully up to speed. The oil is sent to Es Sider terminal, which restarted exports using stored oil last wee...

Saudi Aramco to invest $40bn a year to maintain energy exports

Dubai: Saudi Aramco has announced plans to invest $40bn a year for the next ten years to maintain oil production and double gas output in Saudi Arabia Al Falih, chief executive of Saudi Aramco, said at a conference in Norway yesterday, ”To meet ...

Top owners speak with Maritime CEO

Singapore: The latest issue of Maritime CEO magazine, a sister title to this site, goes live online today. On the cover is the elusive, mercurial Nobu Su, who runs Taiwan’s Today Makes Tomorrow (TMT), a man whose fortunes have taken a battering wit...

DP World takes control of second Belgian terminal

Dubai: DP World is to take full control of a planned container terminal at Liège Port in Belgium. The operator is taking on the shares owned by Euroports. The container terminal will cover 100 hectares along the Albert Canal and should be up and ...

Kuwait signs deal with Unipec to sell 300,000 barrels of oil per day

Dubai: State-run Kuwait Petroleum Corporation (KPC) and China’s Unipec have signed a landmark deal that will almost double crude oil deliveries over a decade, the biggest-ever contract in KPC’s history. Under the agreement, KPC will provide Un...

Further protests against Zim ships

Los Angeles: More Zim containerships have been blocked from offloading cargo at ports across the US West Coast in protests against Israel’s actions in Gaza. The latest action has taken place at the ports of Long Beach and Tacoma against a pair of Z...

Omanoil Matrix Marine enhances bunker services at Sohar Port

Muscat: Omanoil Matrix Marine Services LLC (MXO) has enhanced its physical bunker delivery services at the Port of Sohar with the deployment of a dedicated 6,000 MT IFO barge Azalea. With the dedicated 6,000 MT barge in port as of August 2014, Omano...

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In Focus

Try being accommodating

Seafarers deserve a decent living environment, and shipowners will reap the benefit with a happy crew, argues regular columnist Bei Hong

Try being accommodating

Different parts of the world have differing approaches to taking vacations, but the general rule seems to be that the summer months are a bit slower from a business point of view as many people head off on a well deserved break from the daily grind. This is particularly true in the West. In the US, the onset of the ‘driving season’ brings about optimism in tanker markets (usually unfounded) that gasoline demand will prompt a spike in rates. In Europe, a vast migration south takes place with roads such as the wonderfully named ‘Autoroute du Soleil’ in France choked with holiday traffic. Many travellers choose to break their journey at one of the budget hotels sited alongside major roads.  These establishments offer small, utilitarian accommodation with no more than the absolute basics - somewhere to sleep but certainly not somewhere you would want to spend any more time than is absolutely necessary.

The last time I stayed in such an establishment, I couldn’t help thinking that this cost effective lodging solution was not dissimilar to the cabins our seafarers live in. The difference, of course, is that whilst I was there merely to grab a few hours sleep before hitting the road again, for the seafarer it was home for anything up to nine months. Of all the advances made in shipping in recent years, be they improving efficiency, safety or environmental protection, one area where we seem to have gone backwards is the environment we expect our crews to live in.

I recently went onboard a 16-year-old containership, whic ...   More>>