Pakastani officials have reportedly shut down all ship breaking activities at Gadani yards after two separate accidents this month left three workers with critical injuries, the NGO Shipbreaking Platform said Friday. The first accident took place on October 11th when a tanker caught fire on the beach in Gadani. Fortunately, no casualties were recorded, but […]
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Turkish Ship to Continue Exploration in Mediterranean, Energy Minister Says
IZMIR, Turkey, Oct 19 (Reuters) – A Turkish energy exploration ship will continue to operate in the Mediterranean Sea, the energy minister said on Friday, after Ankara said the navy stopped a Greek frigate from harassing the ship due to territorial disputes. Turkey, Greece and Cyprus’s internationally recognized Greek Cypriot government have long disputed their […]
Exxon Makes Major Bet on Brazil as Petrobras Eases Its Grip
By Sabrina Valle and Kevin Crowley (Bloomberg) — In a single year, Exxon Mobil Corp. has gone from being a tiny bit player in Brazil to the second-largest holder of oil exploration acreage, trailing only state-controlled Petroleo Brasileiro SA. The last 24 concessions the U.S. giant bought with its partners may hold 41 billion barrels, based on […]
Hong Kong-Flagged Bulk Carrier Attacked by Pirates Off Somalia
A Hong Kong-flagged bulk carrier was attacked by pirates off the east coast of Somalia this week showing the persistent threat of piracy despite the the decrease in number of incidents off the Horn of Africa. The attack occurred Wednesday, October 16th, when a group of four pirates armed with AK-47s approached the MV KSL […]
UK Reminds China of Importance of Maritime Law
LONDON, Oct 19 (Reuters) – British Prime Minister Theresa May stressed the importance of international maritime law in a meeting with Chinese Premier Li Keqiang on Friday, May’s office said in a statement. “The Prime Minister reiterated the UK’s firm commitment to the rules-based international system, including the importance of freedom of navigation and maritime […]
Piraeus Port Urges Greece to Speed Up Investment Plan Approval
By George Georgiopoulos ATHENS, Oct 19 (Reuters) – Piraeus Port Authority (PPA), operator of Greece’s largest port, wants the Greek government to speed up the approval of an investment plan that aims to attract more business to one of Europe’s largest harbours, executives said on Friday. PPA, majority owned by China’s COSCO Shipping , is […]
MAIB Says Lack of Communication to Blame for CMA CGM Centaurus Hitting Pier Wall in Jebel Ali
The UK Marine Accident Investigation Branch has released its report on the UK-registered CMA CGM Centaurus’ heavy contact with the pier and two shore cranes during its arrival under pilotage at Jebel Ali last year. The accident resulted in the collapse of a shore crane and 10 injuries, including one serious injury, to shore personnel. […]