Africa
Readers’ Picks of the Week (October 3 – 7, 2016)
Klaveness: No Company Is “Too Great to Fail” One month after the South Korean shipping giant Hanjin Shipping sought bankruptcy protection, there are a number of important lessons to be learned from the event, according to Norwegian shipping company Torvald Klaveness… Read More Drewry: Container Ship
Top news of the week October 3-8
Mozambique, Eni ink LNG supply deal with BP Italy’s Eni and Mozambique have signed a 20-year deal with UK-based BP for the supply of liquefied natural gas from the Coral FLNG project, moving the project further forward. Shell to fuel Carnival’s LNG cruise ships The Hague-based Shell signed an agreem
Highlights of the Week
Dredging Today brings you an overview of the most popular stories from the past week (October 3-9, 2016). Peterhead Contract for Boskalis and McLaughlin & Harvey JV A joint venture partnership between Boskalis Westminster N.V. and McLaughlin & Harvey has won a contract for the £30 million inner Pe
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (October 03 – October 09). OneSubsea, a Schlumberger company, is said to be considering to close up shop in Leeds next year which could lead to loss of up to 600 jobs. The company that has over 900 [&h
International offshore rig count goes further down YOY
Oilfield services provider Baker Hughes reported on Friday that the international offshore rig count for September 2016 was down by 47 rigs year over year. According to the report, the international offshore rig count for September 2016 was 221, down 7 from the 228 counted in August 2016, and down 4
BIMCO: Dry Bulk Crisis Could Lead to Major Changes
The current crisis in the dry bulk shipping sector could have a wider impact with effects on other major sectors of shipping such as tankers and containers, according to BIMCO’s latest report. Looking at the “road to recovery” for dry bulk shipping beyond the current market difficulties, BIMCO predi
Drewry: Optimism for Multipurpose Shipping Remains Muted
The last three months have been some of the worst the multipurpose and project carrier sector has endured as the breakbulk and project cargo sector remained weak, with little suggestion that volumes will improve significantly until the end of 2017, according to shipping consultancy Drewry. Rates hav
Unique Group’s Training Centre Gets Nautical Institute Accreditation
Unique Group’s training centre for Dynamic Positioning (DP) systems has recently obtained an accreditation from Nautical Institute. The training centre is located in Port Harcourt, Nigeria and is a joint venture between Unique Group and Nigeria based Charkin Maritime & Offshore Safety Centre. The tr
Merchant Vessels Need to Stay on Alert for Pirates
Merchant vessels transiting the Gulf of Aden and the western Indian Ocean should take protective measures as the risk of pirate attacks still exists, according to the International Maritime Organization (IMO). Namely, the topic was highlighted during a meeting between IMO Secretary-General Kitack Li
South African Ports Selected for LNG-to-Power Projects
Two South African ports have been selected for the first phase of the LNG-to-Power IPP Procurement Programme, according to the Department of Energy (DoE) of the Republic of South Africa. Together with Transnet National Ports Authority (TNPA), the DoE has conducted various studies on the suitability
South Africa selects ports to develop LNG-to-power infrastructure
The South African Department of Energy is currently in the process of developing procurement documentation for LNG-to-power independent procurement programme.
Angola heli crash: One worker still missing
U.S. oil company Chevron is still searching for a worker who went missing after the helicopter carrying six people crashed offshore Angola over a week ago. Five bodies have been recovered so far. The helicopter was carrying five passengers and a pilot to Chevron’s Tombua Landana platform off Angola,