Africa
Total Spuds Exploration Well Offshore Libya
After 780 miles long tow from Croatia, CROSCO’s semi-submersible drilling rig Zagreb-1 was positioned and anchored on December 14th, 2013 at the offshore location A1-16/3, 128 km northwest from Tripoli, Libya. Spud in was successfully performed in the morning hours on December 30th, 2013. As per sig
Ghana: Conti Wins Case Against TJGEM
The US District Court Judge of Columbia, Mr Beryl A. Howell, on December 31, 2013 dismissed a case against Ghana and Conti Group that won the bid to dredge the Korle Lagoon field by TJGEM. TJGEM, a construction company in the United States of America sued the above named individuals and entities in
ICS Identifies Lessons from Somali Piracy
The International Chamber of Shipping (ICS), the principal global trade association for shipowners, has issued a paper drawing upon the international shipping industry’s experience of Somali-based piracy during the period 2007 to 2013. “The intention is to identify lessons learned in order to shape
APM Terminals Signs Abidjan Terminal 2 Construction Project (Africa)
The APM Terminals-led consortium formally signed the agreement with the Government of the Ivory Coast on December 19, 2013 for the construction and operation of a new terminal at the Port of Abidjan. Known as TC2, the terminal will be the second in operation at the port, which handled approximately
Moore Stephens Says 2015 Should See Return of Healthy Shipping Industry
International accountant and shipping adviser Moore Stephens believes that the shipping industry’s fortunes should be noticeably improved by 2015 if it maintains the recovery which got under way last year. But it warns that the prospects for recovery may still be fragile if the industry fails to mee
Top News of the Week January 6 – 11, 2014
Meyer Werft Delivers ‘Norwegian Getaway’ Norwegian Cruise Line took delivery of the 145,655 gross ton cruise ship Norwegian Getaway from MEYER WERFT on January 10, 2014 after a building period of only 15 months. Bourbon Sells 12 Vessels for USD 378 Million Bourbon announced the transfer of ownership
Top News of The Week January 6 – 12, 2014
Camac, Bumi Armada Sign LOI for ‘Armada Perdana’ FPSO CAMAC Energy Inc. has signed a letter of intent for a long-term agreement for the floating, production, storage, and offloading system (“FPSO”) ARMADA PERDANA. Oil Leaking from Hibernia Platform Offshore Canada Hibernia Management and Developme
Top News – January 6 to 12, 2014
Brazil: LUSCHI Acquires Hopper Dredger LUSCHI has announced that it has added a 2,000 m³ hopper dredger “LUSCHI IX” to its fleet. DP World Highlights for 2013 2013 was a remarkable year for global marine terminal operator DP World. AMCS Welcomes Inquiry Into Gladstone Disaster (Australia) The Au
First Subsea to Deliver Bend Stiffener Connectors for Gaza FSO
First Subsea has been awarded a contract by EMAS AMC (Singapore) to supply diverless bend stiffener connectors for risers and umbilicals connected to the turret moored, Gaza Floating Storage and Offloading (FSO) vessel, offshore Libya, in the Mediterranean. In total, four First Subsea Type 2 bend st
First Subsea Supplies Riser Connectors for Gaza FSO
First Subsea has been awarded a contract by EMAS AMC (Singapore) to supply diverless bend stiffener connectors for risers and umbilicals connected to the turret moored, Gaza Floating Storage and Offloading (FSO) vessel, offshore Libya, in the Mediterranean. In total, four First Subsea Type 2 bend st
Government Engages Stakeholders to Deploy Inland Ports (Ghana)
The Government of Ghana is engaging local and foreign stakeholders to raise resources for the deployment of inland ports to reduce pressure on the Tema and Takoradi harbours, and the roads. This forms part of Government’s programme for a massive improvement in the nation’s transportation system to f
Aminex, Tanzania to Sign Kiliwani North Gas Sales Deal Soon
Aminex PLC provides an update on its discussions with the Tanzanian authorities in regards to the Gas Sales Agreement for the Company’s Kiliwani North Gas Field. The Gas Sales Agreement with the Tanzania Petroleum Development Corporation (“TPDC”) for the Company’s Kiliwani North Gas Field is largely