LONDON,  Crude oil production from the Organization of the Petroleum Exporting Countries (OPEC) fell to 30.25 million barrels per day (b/d) in March from 30.42 million b/d in February, a decrease of 170,000 b/d, as Iraqi and Nigerian volumes dropped, according to a Platts survey of OPEC and oil industry ... Read More

The Global Shippers’ Forum has launched a global maritime safety campaign, aiming to improve logistics practices throughout the supply chain to ensure safer transport operations. The campaign was launched at GSF’s annual meeting in London, on 8 April, in the presence of more than 50 shipper representatives from around the world. GFS ... Read More

China expresses serious concern over the fishing agreement for the seas around a disputed group of East China Sea islands Beijing: China expressed serious concern on Wednesday after Japan and Taiwan signed a fishing agreement for the seas around a disputed group of East China Sea islands which have been at ... Read More

(TRADE NEWSWIRE): The South African Department of Agriculture, Forestry and Fisheries (DAFF) has assigned Damen Shipyards Cape Town (DSCT, part of Damen Shipyards Group) to get its fleet of Fisheries Research Vessels and Fisheries Protection & Surveillance Vessels operational as soon as possible,TRADE NEWSWIRE reports. According to Damen's Communications Advisor, Jan-Hein ... Read More

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) yesterday disclosed that the country loses $6 billion annually to crude oil theft. PENGASSAN's President, Mr. Babatunde Ogun, made this known at a joint forum with the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) in Lagos. He said that ... Read More

China Cosco Holdings Co, the country's biggest shipping company, reported an annual net loss of 9.56 billion yuan ($1.54 billion) in 2012, due to the downturn in the dry-bulk market, which has seriously depressed shipping rates. Sales rose 4.6 percent from a year earlier to 72.06 billion yuan, and its net ... Read More

The Joint Task Force (JTF) in the Niger Delta has, in its ‘Operation Pulo Shield’, arrested a sea going vessel with 12 crew members along the Akassa Water Ways in Bayelsa. In a statement in Yenagoa on Saturday, Lt Col. Onyema Nwachukwu, the Media Coordinator of Operation Pulo Shield, said the ... Read More

IMO and IPIECA, the global oil and gas industry association for environmental and social issues, have jointly launched a new Global Initiative (GI) programme aimed at improving the oil spill preparedness and response capabilities in south east Asia, at a regional workshop that took place from 20 to 21 March ... Read More

DP World has said terminal 3 at Jebel Ali sea port is set to for opening towards the end of 2014, enabling the port to handle 10 ultra large container carriers (ULCCs) simultaneously and taking its overall capacity to 19 million TEUs a year from 14 million at present, Gulf ... Read More

Cotonou, Benin - West and Central African ministers have pledged to co-operate to halt the spread of sea piracy at a meeting in Benin, the West African bloc Ecowas said on Wednesday. Ministers in charge of defence, foreign affairs and security, or their representatives, met in Cotonou until late on Tuesday ... Read More