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Nothing will be the same as before!

Global trade wars can now be considered among the rising geopolitical risks that we see across the the world That the US  introduced a tax on steels and the import taxes  against China indicate that this trade war will be a “bloody” one. As the main actors in this trade war are major countries, this indicates that the war is going to affect many emerging markets such as Turkey. According to experts, nothing ...

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BDP International names director for Middle East, Turkey and Africa

U.S.-based global logistics and transportation solutions company BDP International has appointed Fikret Ersoy to the newly-created position of managing director, Middle East, Turkey and Africa. He previously served as regional director for Turkey and North Africa. Under his direction, BDP opened offices in Egypt and Morocco in 2016, and Kenya in January 2018. “Fikret’s expertise speaks for itself,” BDP pres ...

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LNG carriers fitted with first Korean-developed LNG tanks on maiden voyage

Next-generation liquefied natural gas (LNG) tankers developed entirely through Korean technologies under collaboration of three shipbuilding majors have gone on their maiden voyages. According to Samsung Heavy Industries, two LNG carriers that can contain 174,000 cubic meters of gas were delivered to SK Shipping and set sail to transport shale gas from the United States. The two vessels are fitted with the ...

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World’s largest tandem-lift container cranes arrive at MedPort Tangier terminal

APM Terminals’ MedPort Tangier terminal, located on the Strait of Gibraltar, has seen the arrival of three new giant container cranes capable of handling the largest vessels now plying the Asia/Europe trade lane. The three cranes, weighing 2,500 tons apiece, represent the largest double trolley ship-to-shore (STS) cranes ever built, and are designed specifically to handle vessels carrying 22,000 twenty-foot ...

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Second Sanmar VSP joins sister in Israel

The first VSP (Voith Schneider Propeller) tug, of the new VectRA 3000 series, named Arie A, constructed for Italian operator Tripmare Spa of Trieste has been joined in the Israeli Port of Ashdod by the second, named Ashdod. The VectRA 3000 series, which has been designed by the Canadian naval architects Robert Allan Ltd exclusively for Sanmar, the leading Turkish tug builder, contains many innovative ideas ...

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Construction begins on Saudi Arabia’s massive Persian Gulf maritime yard

Construction work has begun on a joint venture to build a shipyard on Saudi Arabia’s eastern coast, oil rig builder Lamprell Plc said in a statement on March 16. The joint venture, International Maritime Industries (IMI), started operations after reaching agreement for a loan from the state-backed Saudi Industrial Development Fund (SIDF), the statement said. The SIDF agreed in principle last year to provide ...

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Suspected Chinese cyber espionage group observed targeting US maritime industry

FireEye, a leading cybersecurity company, released new research on March 16 shedding light on activity from suspected Chinese cyber espionage group, dubbed TEMP.Periscope, targeting U.S. engineering and maritime industries. Since at least early 2018, FireEye has observed an ongoing wave of intrusions suspected to be from TEMP.Periscope, the company said. These intrusions have primarily targeted engineering ...

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Damen unveils Multi Cat Water Injection Dredger

Damen Shipyards Group has recently unveiled a “Water Injection Dredger” (WID), courtesy of a plug & play system aboard a Damen Multi Cat. Such capabilities are typically found only on dedicated platforms, though Damen realized that the Multi Cat’s forward propulsion and maneuverability made it a suitable platform for this type of dredging. “Damen invented the Multi Cat as the ideal dredge support vessel ...

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Going green: Norwegian shipbuilders turning to battery power

Not far from Norway’s North Sea oil rigs, shipbuilders are assembling some of the first ferry boats ever to be powered entirely by batteries. For years, the yard mostly made fuel-guzzling boats for the oil industry. But orders vanished as crude slumped in recent years. Now, like other Norwegian industries, its future prosperity depends on going green. “If you look at the next five years, this is what we’ll ...

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Fincantieri showcases new designs for Qatari Navy

Italian shipbuilder Fincantieri unveiled new designs which will be used in building OPVs and a LPD for the Qatari Navy at DIMDEX 2018 on March 13. A USD 4 billion contract was signed in August 2017 between Qatar Navy and Fincantieri for seven surface ships, four corvettes, an amphibious ship, two patrol boats and post-delivery support for 15 years. The steel-cutting of the lead ship will commence in June 20 ...

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