Crude oil exports from the Middle East dropped by 4.69 million bbl w-o-w to 127.92 million bbl. The drop in volumes came on the back of reduced exports from Iran, Saudi Arabia and the UAE, with Iran registering the steepest weekly fall amongst Middle-Eastern exporters. Condensate exports from the region were assessed at 5.49 million bbl, split between Iran and Qatar, up from 3.53 million bbl exported during the previous week.

The IMO adopted a joint proposal by the U.S. and Russia on Friday for a series of connected vessel routes and precautionary areas in adjacent Bering Sea and Arctic waters. The IMO’s Navigation, Communications and Search and Rescue Sub-Committee gave final authorization during an eight-day meeting in London.

This year's first-quarter throughput total was notable for a rise in conventional general cargoes, a lower figure of bulk cargoes, a stable trend in container handling and distinct growth on container transport services by rail.

On Thursday, Maersk Group CEO Soren Skou told investors that Maersk Line will cut back capacity and feeder services in an attempt to improve profitability. Group-wide revenue rose sharply in the first quarter, up by 30 percent (including the addition of Hamburg Süd), but its underlying loss nearly doubled to $240 million.

International shipping will likely feel the effects of the Trump administration's reimposition of American sanctions on Iran. However, operators will have time to adjust, reports law firm Winston & Strawn.

Digitalization, big data and artificial intelligence (AI) are poised to transform the servicing and maintenance of container handling equipment, but a shift in mindset and close collaboration between equipment providers and terminal operators are vital to reap the full benefits of new technology. Speakers at this year’s free-to-attend TECH TOC seminars at the 44th TOC Europe conference and exhibition, 12-14 June, Rotterdam, will explore how the equipment service and maintenance landscape is shifting in the digital era, with practical examples of how to enable change and what results can be achieved.

UK-headquartered Newport Shipping Group has appointed a new executive team and refocused its business proposition to provide comprehensive drydocking, repair services and financing to the global shipping industry.


Europe's leading cargo airline continues to invest in fleet modernization and orders two factory-new Boeing 777F

 

Spanish passengers on “Zenith” visit Schleswig-Holstein

  

Gabrielle Walker MC

 

 

Breakbulk Europe, the world’s largest event for the project cargo and breakbulk industry, will be held 29-31 May in Bremen, Germany, for the first time in its 12-year history. All indications point to a record-breaking success for this year’s event. Registration is on track to break 10,000 participants, representing 100+ countries.

 

“With over 50 additional exhibitors, we are utilizing every square meter at Messe Bremen. We are particularly glad to see the number of German exhibitors has increased by 44 percent,” Nick Davison, Portfolio Director at ITE Group said.

 

 

 

Ports 4.0 conference – interview with Tõnis Hunt, lecturer at the Estonian Maritime AcademyThe Ports 4.0 conference is heading our way, with little over two weeks left until we all meet in Tallinn, at the seat of the Estonian Maritime Academy, to talk all things digitalization in the maritime sector. Tõnis Hunt, lecturer at the Academy and one of the event’s hosts, took some time from his busy schedule to set the stage for the conference in this short interview.

A working committee of the International Labor Organization has endorsed an amendment to the Maritime Labor Convention that would ensure the payment of seafarers' wages while they are held captive by pirates.

Twenty north Europe cruises from Kiel for "MSC Preziosa"

The International Chamber of Shipping is hoping that the IMO's new agreement to cut shipping's carbon emissions will satisfy regional regulators. At Singapore Maritime Week, ICS chairman Esben Poulsson said the Marine Environment Protection Committee's adoption of an initial greenhouse gas strategy “should be more than sufficient to discourage those who mistakenly advocate regional measures."

The new cruise quay in Visby was opened today in connection with the visit to the port of the ship AIDAdiva. The venture is a collaboration between Region Gotland and Copenhagen Malmö Port, CMP, with Region Gotland building the quay and CMP taking responsibility for the actual operation starting from now. At the same time, both parties are marketing Gotland as a destination together with Gotland Cruise Network.

 

The magazine SEA has been published since 1935
International business magazine JŪRA MOPE SEA has been published since 1999
The first magazine in Eurasia in the four languages: English, Chinese, Russian and Lithuanian


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Ltd. Juru informacijos centras


The magazine JŪRA has been published since 1935.
International business magazine JŪRA MOPE SEA has been
published since 1999.

ISSN 1392-7825

2017 © www.jura.lt