Pirates have released five Pakistani crew they kidnapped from an oil tanker off the Nigerian coast two weeks ago, security sources said on Thursday. Increasing piracy in the Gulf of Guinea region, which includes Africa’s No. 1 oil producer Nigeria and is a significant source of cocoa and metals for world markets, is jacking…
Activities at Tanjung Priok Port in North Jakarta returned to normal on Tuesday as logistics and forwarder operators resumed work after striking at the country’s main seaport a day earlier. State-run company PT Pelindo II, also known as Indonesia Port Corporation (IPC), said stevedoring activities at the seaport were back to normal. “Every activity…
Seoul (ANTARA News/Yonhap) – South Korea is seeking to significantly strengthen penalties for illegal deep-sea fishing by its vessels, increasing maximum fines by at least seven-fold, the government said Tuesday. The move comes amid growing international criticism for illegal, unreported and unregulated (IUU) fishing by South Korean ships, along with a recent warning from…
The world’s first Liquified Natural Gas (LNG) fueling vessel – Seagas was christened last week at the Port of Stockholm. The first-of-its-kind vessel in the world, the LNG fueling vessel is classified under the same regulations that apply to ocean going LNG tankers. The LNG fueling vessel will supply 60-70 tons of LNG…