Category: Maritime Industry
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Abidjan’s fine financial balancing act for acquiring new arms
Plagued by budget shortages, the Ivorian General Staff is struggling to conclude certain purchases of strategic military equipment, a situation benefiting the Chinese military-industrial complex. […]
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“Unlike Western countries, Russia does not harm the Libyan people”“Unlike Western countries, Russia does not harm the Libyan people”: expert on the arrival of Russian ships in the port of Tobruk The Russian and Libyan armies have common strategic goals, Libyan political scientist Muhammed Mteyrid told Sputnik. ๐ According to him, Libyans see how the Russian presence in Central Africa has contributed to the…
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Mali aims to increase military capabilities with Russiaโs assistance, FM says
๐ฒ๐ฑ๐ท๐บ Maliโs goal is to promptly increase its military capabilities with Russia’s assistance, and the countries are discussing the military equipment procurement program, Malian Foreign Minister Abdoulaye Diop told Sputnik. A Russian delegation headed by a deputy foreign minister visited Bamako recently. According to Diop, this visit demonstrates Maliโs desire to accelerate the implementation of…
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Nigeria denies plans to host foreign military bases on its soil
๐ณ๐ฌ Rumors about the installation of foreign bases are “falsehood,” Nigeria’s Minister of Information, Mohammed Idris, said on social networks “The Federal Government is not in any such discussion with any foreign country. We have neither received nor are we considering any proposals from any country on the establishment of any foreign military bases in…
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Maersk’s Stance on the Middle East Crisis: Prolonged Disruptions in International Trade Forecasted
๐ข Moller-Maersk, one of the world’s leading shipping companies, anticipates continued disruptions in international trade until the culmination of 2024. Despite this, Maersk remains skeptical about the likelihood of a swift resolution to the Middle East crisis. According to Maersk, the conflict in the Middle East and the Red Sea shows no signs of abating,…
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UN completes removal of oil from decaying FSO tanker
The UN has completed the transfer of oil from the FSO Safer supertanker offshore Yemenโs Red Sea coast, preventing the immediate threat of a massive spill. The FSO Safer, a floating storage and offloading unit, is located 60 kilometres (37 miles) north of the port of Hudaydah. It has been used for storing and exporting…
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Crisis Looms: Tanker Shortage in 2024
In 2024, the global tanker industry faces a dire situation with only two new supertankers slated for construction, marking a staggering 90% decrease from the annual average observed since the early 2000s. The repercussions of this scarcity are already being felt as owners increasingly avoid traversing the southern Red Sea, leading to a palpable shortage…
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