Africa
Clarksons: Boxship Deliveries Entering Moderate Era?
As containership deliveries dropped from the record 1.7 million TEU in 2015 to just 0.9 million TEU in 2016, the boxship sector could enter a new era of less robust fleet growth if deliveries remain at moderate levels, Clarksons Research said. The slowdown in boxship deliveries in 2016, alongside re
Portugal to get Nigerian LNG cargo
REN’s Sines LNG import terminal on Portugal’s Atlantic coast is scheduled to receive a cargo of liquefied natural gas at the end of the month.
Sirius Petroleum raising funds ahead of Ororo drilling
Sirius Petroleum is raising funds for equipment mobilization deposits for the upcoming drilling campaign at the Ororo field, offshore Nigeria. The Ororo field, discovered in 1986, is located within OML 95 in shallow waters offshore Ondo State. The field lies in water depths ranging between 23ft and
ABS Issues Cyber Safety Notation for Marine Industries
As the focus on cyber safety is rising, the classification provider ABS has issued its first notation for the ABS Guide for Cybersecurity Implementation for the marine and offshore industries. “Awarding the CS1 notation (Asset, Basic-level, Informed Cybersecurity Implementation) is a significant ind
Woodside aiming at SNE operatorship prior to FID
Australian energy firm Woodside is targeting first oil from its recently acquired SNE field in Senegal for 2021 at the earliest. The company on Wednesday confirmed two appraisal wells would be drilled in Senegal in 2017 to provide greater understanding of reservoir connectivity and of the likely dev
DP World Wins Dispute over Djibouti Terminal
Dubai-based port and terminal operator DP World has been cleared by the London Court of Arbitration of all charges of misconduct in connection with a concession to operate the Doraleh Container Terminal (DCT) in Djibouti, the Government of Dubai said. In 2014, Djibouti accused DP World of bribing Ab
BW Offshore buys more Dussafu stake (Gabon)
FPSO provider BW Offshore has entered into a sale and purchase agreement with Panoro Energy to buy a further 25% working interest in the Dussafu production sharing contract, offshore Gabon. BW Offshore in December 2016 formed a joint venture company with BW Group, known as BW Energy Holdings Pte. Lt
LR2s to Reap the Fruits from 0.5 Pct Sulphur Cap
Clean product tankers are likely to benefit from the implementation of the global 0.5% sulphur emissions cap as of 2020 driven by the demand for new fuel oil, McQuilling Services brokerage and consultancy writes in its industry note. As disclosed, the forthcoming cap may materially alter trade flows
Shell hires Fugro for seabed survey off Kenya
Fugro has been awarded a contract by Shell/BG Kenya for the execution of a seabed survey to detect natural leakages of hydrocarbons. The seeps survey complements a seismic exploration program that was completed recently offshore Kenya, Fugro said on Tuesday. Undertaking a four-week campaign of multi
Libyan Militants Release Car Carrier Morning Compass
After Libyan militants seized the car carrier Morning Compass, the vessel was released from captivity on February 21, the ship’s charterer Korean shipping firm EUKOR Car Carriers informed. A representative from the company said that the 6,500 CEU vessel was released around 8 am local time, and is cu
Fugro to Undertake Seeps Survey Off Kenya
Fugro has been awarded a contract by Shell/BG Kenya for the execution of a seabed survey to detect natural leakages of hydrocarbons. Fugro will mobilize its specialized survey vessel, Fugro Discovery, to Kenya in March to undertake a four-week campaign of multibeam data acquisition and sampling. Sea
Two Damen Tugs Equipped for Dredging Role
Baggerbedrijf De Boer B.V. (Dutch Dredging) has made an order for two custom, special-purpose tugs to be built at Damen Shipyards Hardinxveld in the Netherlands. According to Damen, the tugs are for a 10-year contract with Grand Port Maritime de Guyane in the ports of Cayenne and Kourou in French Gu