Africa
Readers’ Picks of the Week (May 9 – 13, 2016)
Interview: Kidnappings for Ransom Easy and Less Risky In 2016, piracy has yet again emerged as one of the key problems seafarers face during their voyages at sea. A particular concern is the ever growing number of kidnappings … Read More Third Alliance Members Revealed Global carriers Hanjin, Hapag-
Libya: Exports from Marsa el-Hariga Still Blocked, Two Cargoes Cancelled
Oil exports from Marsa el-Hariga port located at Tobruk, Libya, continue being blocked by Beyda government in Libya, according to Tripoli-based National Oil Corporation (NOC). The announcement came as a reaction to claims by Abdulssalam el-Badri, the deputy prime minister of the Beyda government, th
Damen delivers Nigeria LNG security patrol vessels to C&I Leasing
C&I Leasing recently took delivery of four Damen SPa 1605 ballistic protected security patrol vessels to provide escort services for LNG carriers calling in and out of the Nigeria LNG’s Bonny liquefied natural gas terminal.
VIDEO: Abandoned Tanker in Liberia Listing
The mysterious crewless oil tanker Tamaya 1 that washed ashore early this month in Liberia is listing to the starboard, according to the country’s Ministry of National Defense. In addition, following an inspection by the Liberian Coast Guard, it has been determined that the 1,441 DWT oil tanker was
UN: Distya Ameya No Longer Blacklisted
India-flagged tanker Distya Ameya has been removed from the UN Security Council’s blacklist initially included amid measures aimed at preventing attempts to “illicitly export crude oil from Libya.” The ship had attempted to transport some 650,000 barrels of crude oil shipped by the country’s eastern
James Fisher Subsea Excavation nets EMAS-AMC deal
James Fisher Subsea Excavation (JFSE), part of James Fisher and Sons, has signed a contract for providing mass flow excavation services to EMAS-AMC during vessel replacement offshore Libya. JFSE said on Thursday that the contract is their first in the East Mediterranean and that the project will tak
JFSE Supports EMAS AMC in FSO Replacement Off Libya
James Fisher Subsea Excavation (JFSE) will support EMAS AMC at the Bouri oil field with post-lay trenching and backfilling services during the replacement of a floating storage offloading (FSO) vessel off the coast of Libya. EMAS AMC is responsible for the engineering, procurement, installation and
Oil rises towards six-month high after IEA sees tighter supply
By Sarah McFarlane LONDON (Reuters) – Oil prices rose towards six-month highs on Thursday, supported by data from the International Energy Agency (IEA) showing tightening supply in addition to a surprise drop in U.S. crude inventories. Brent crude futures <LCOc1> were trading at $47.87 per barrel at
James Fisher Bags Bouri Trenching Contract
James Fisher Subsea Excavation (JFSE) will deploy its innovative tools and expertise to support its client, EMAS-AMC, with post-lay trenching and backfilling services at the Bouri oilfield. JFSE’s expertise will be used in replacing the floating storage offloading (FSO) vessel Sloug off the coast of
Oil Tanker Grounds in Suez Canal
A 163,038 DWT oil tanker ran aground at 159 km of the Suez Canal early this morning shortly after it entered the canal, GAC Egypt informed. The ship’s position corresponds to that of the Sea Landsort which is stopped in the Suez Canal, based on its latest AIS info from Marine Traffic. The Panama-fla
IEA: Iranian oil supply back at 2011 levels
Global oil supplies rose 250 000 barrels per day (250 kb/d) in April from the preceding month to 96.2 mb/d as higher OPEC output more than offset deepening declines in non-OPEC countries, IEA said in its Oil Market Report for May. But year-on-year, world output grew by just 50 kb/d in April versus t
Cooper Energy sheds Nabeul project
Cooper Energy, an Australian oil and gas exploration and production company, has agreed terms with the Tunisian Government authority to exit operations offshore Tunisia. The company, which plans to withdraw from Tunisia entirely, stated on Thursday that it exited the Nabeul permit after agreeing to