
Two tankers ran aground in the Suez Canal this morning, GAC Egypt informed. One is reported to have been successfully refloated while work is continuing to refloat the second. “As per information received, a 107,505 DWT ballast oil tanker ship with a draft of 8 metres ran aground at 132.5 km of the

Italian oil and gas company Eni has made a new light oil discovery in Block 15/06, which is located in Angola’s deep offshore.

Oil and gas company PetroNor has revealed that it has restarted the formal arbitration process related to a dispute for two offshore blocks.

State-owned Qatar Petroleum has entered into an agreement with oil major Shell to become a partner in two exploration blocks offshore the Republic of Namibia.

Tullow Oil has started a multi-year, multi-well drilling campaign off Ghana following the beginning of drilling of the first well at the Jubilee field.

Egypt will ask for over $1 billion in compensation for damages caused by the grounding of Ever Given and the resulting blockage of the Suez Canal last week, Reuters reports citing Suez Canal Authority (SCA) Chairman Osama Rabie as saying to local reporters. The compensation is also expected to cover

Spanish ferry operator Baleària has selected its LNG-fueled ferry Hypatia De Alejandria to operate the route between the Spanish town of Motril and the Spanish autonomous city of Melilla in North Africa.

APM Terminals MedPort Tangier, a terminal in Morocco, is celebrating its next major development milestone by kicking off phase-2 of the development, which will add an extra 1 million TEU capacity to its footprint.

Chinese shipyard Cosco has started working on a conversion of a VLCC into an FPSO for the Woodside -operated Sangomar project located offshore Senegal.

The vaccination lottery that is faced by the industry is beginning to hit the dry bulk sector hardest, says the International Association of Dry Cargo Shipowners (Intercargo). The argument is being made as a growing number of ports start to request that all crew on board a vessel must be vaccinated

Oil and gas company Tullow Oil has completed the sale of its assets in Equatorial Guinea to Oslo-listed Panoro Energy.

The Panama Maritime Authority (AMP) has started an investigation into the grounding of the Ever Given containership in the Suez Canal last week to determine the causes of the incident. To remind, the 20,000 TEU containership, flagged in Panama, ran aground on March 23 blocking the waterway for hundr