Dubai-based port operator DP World has signed a deal with the government of Senegal to invest a total of $1.127 billion to develop a deep-water port at Ndayane, Reuters reports. The port will be developed by DP World Dakar, which plans to invest $837 million in the first phase, followed by another $
A 4,500 TEU containership Maersk Cadiz has been boarded by pirates while en route from Tema, Ghana to Kiribi, Cameroon. The Singapore-flagged containership is owned by the world’s largest container shipping company Maersk. “We can confirm that on 19 December 2020 at app. 14:30 local time, criminals
Vaalco Energy is moving forward with its acquisition of Sasol’s working interest in the Etame Marin block located offshore Gabon.
Navis, a part of Cargotec Corporation engaged in providing operational technologies and services to bolster terminals’ performance efficiency, has identified its top predictions and trends that will drive the shipping industry and the technology that will be most impactful for meaningful operations
Oslo-listed engineering and marine services player DOF Subsea has been awarded multiple new contracts for execution in the North Sea, Mediterranean and Africa.
Offshore drilling contractor Vantage Drilling has been awarded a contract for one of its jack-up drilling rigs by Trident Energy.
The International Labour Organisation’s (ILO) Committee of Experts issued a ruling that governments have failed in their duty of care towards seafarers under international law during the COVID-19 pandemic. In the first ruling of its kind, the committee of 20 jurists found that governments failed abj
The probable cause of the devastating grounding and oil spill from Wakashio off Mauritius are unsafe behaviors due to overconfidence that stems from complacency, Japanese shipowner MOL said. The bulk carrier Wakashio, chartered by MOL from a subsidiary of Nagashiki Shipping Co., ran aground off the
Energean has completed its acquisition of Edison E&P. Energean has also entered into new gas sales agreements to supply the gas in Israel.
Remus Horizons, a private investment fund, is exploring options to acquire FAR Limited. As a result, FAR has rescheduled its shareholder meeting.
Affiliates of U.S. energy major ExxonMobil and Dutch storage tank firm Royal Vopak will be working on a feasibility study to assess the commercial, technical and regulatory aspects of an LNG regasification terminal in South Africa.
Forty-five IMO Member States and one Associate Member, Hong Kong, have now designated seafarers as key workers, a key step in resolving the ongoing crew change crisis. Key worker designation is essential to exempt these professionals from specific COVID-related travel restrictions, allowing them to
