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  • Ebola Turns Up the Heat on West Africa Trade

    West Africa trade continues to acutely feel the pressure of the Ebola outbreak with export trade estimated to be down by as much as 30% since the start of the outbreak, UK’s shipping consultant Drewry said in its weekly container insight.Capacity dipped 4.9% dip to 207,000 teu in October, albeit this is still up 31,000 teu since the start of the year. Meanwhile, utilisation on the Asia-West Africa...

  • AMP Denounces Need for Repeal of Jones Act

    In a reaction to the eventual repeal of the Jones Act announced by the Senator John McCain during a speech  at the Heritage Foundation, a conservative think tank, the American Maritime Partnership (AMP) said that the repeal would sacrifice the U.S. national security for less than a penny a gallon.According to Tom Allegretti, Chairman of AMP, the Jones Act enjoys “rock soli...

  • EU to Include Seafarers in Its Legislation

    The EU’s Council of Employment and Social Policy Ministers reached an agreement Wednesday, December 1o on the European Commission’s proposal to amend five EU directives with an aim at repealing the exclusions of seafarers from these directives.The directives concerned relate to employer insolvency, European Works’ Council, Information and Consultation, Collective Redundancies and Transfer of Under...

  • Golar LNG Starts Cameroon Project

      Golar LNG Ltd has signed an agreement with Societe Nationale de Hydrocarbures and Perenco Cameroon for the development of a floating liquefied natural gas export project located 20 kilometers off the coast of Cameroon and utilizing Golar’s floating liquefaction technology (GoFLNG).  The agreement is premised on the allocation of 500 bcf of natural gas reserves from offshore Kribi fields, which w...

  • Container Weighing Made Mandatory

    United Nations’ International Maritime Organization (IMO) has decided to make it mandatory to weigh loaded containers before they are transported by sea, as confirmed by Danish Maritime Authority (DMA)The move is expected to enhance safety and prevent pollution of the marine environment.The correct weight – the so-called verified weight – can be determined in two ways:  either by weighing the...

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