Africa
Drewry: Container Carriers Heading to Profit
The majority of container shipping lines lost money in the first three months of 2017, but higher rates and fast-growing demand will soon show on the bottom line, according to shipping consultancy Drewry. In its last Container Forecaster report, Drewry said that the industry would make an operating
Add Energy scoops West Nile Delta deal with BP
Energy consultancy provider Add Energy has been awarded a maintenance build contract with BP for work on West Nile Delta (WND), a development located just off the north coast of Egypt. Add Energy said on Monday that the contract, worth almost £1.4 million ($1.8 million), would see the company carry
Top news, May 22 – 28, 2017
Tidal Energy Today has compiled the top news from tidal and wave energy industry from May 22 – 28, 2017.
Readers’ Picks of the Week (May 22-26, 2017)
Readers’ Picks of the Week (May 22-26, 2017)
Popular news, May 22 – 28, 2017
The most popular articles of the week.
Korean Lines Covering Less Trades
The number of trade lanes served by the Korean deep sea lines has decreased as well as their deployed capacity following Hanjin’s demise and Hyundai’s reduction in regions served, MDS Transmodal consultancy said in its latest review of non-alliance liners. As explained, the non alliance shipping lin
OEEC 2017 opens for registration
The registration for Offshore Energy Exhibition & Conference 2017 (OEEC 2017) is now open. The celebratory tenth edition of this event is expected to attract over 12,000 offshore professionals and more than 650 exhibiting companies.
Nigeria LNG floats three-cargo tender
Nigeria LNG has reportedly issued a tender offering three cargoes of liquefied natural gas scheduled for loading in June.
Senegal: Cairn back to drilling pure exploration target with new spud
Cairn Energy has started drilling the FAN South-1 exploration well into the South Fan prospect, offshore Senegal. According to a Friday statement by Far Limited, a partner in the project, the well is the first pure exploration well to be drilled offshore Senegal since the discovery wells of FAN-1 an
ICTSI Pulls Plug on Lekki Port Project in Nigeria
Manila-based container terminal operator International Container Terminal Services, Inc. (ICTSI) has terminated an agreement to develop and operate a container terminal within Lekki Port, Nigeria. ICTSI’s subsidiary, Lekki International Container Terminal Services LFTZ Enterprise (LICTSE), and Lekki
Equatorial Guinea joins OPEC
The Organization of the Petroleum Exporting Countries (OPEC) has expanded its membership and now comprises 14 countries. During its meeting in Vienna on Thursday, where it was decided that the previously announced production cuts would continue for nine more months, OPEC also approved Equatorial Gui
Djibouti Opens New Port
Djibouti has formally inaugurated the Doraleh Multipurpose Port (DMP), a versatile port complex which is part of Djibouti’s four mega port projects, the country’s port authority said. Namely, the new projects include four new ports “aimed at providing world-class logistics platform for shipping“, a