Africa
First Training for Small Island States
The first training for Small Island States within the SimpleCoast initiative has just been successfully concluded. The training has taken place in São Tomé, as a joint effort between the GFDRR (The World Bank), Deltares and with great support from the local government. The training has involved part
EGAS struggling to close LNG tender
The Egyptian Natural Gas Holding Company (EGAS) has reportedly failed to secure two cargoes for delivery in April.
Bourbon: Offshore workers released after kidnapping in Nigeria
Two offshore workers that were kidnapped in Nigeria last month have been set free. The workers of Russian and Nigerian nationality had been aboard the Bourbon Liberty 251 vessel, off the coast of Nigeria when they were abducted on February 23. According to Bourbon, the owner of the anchor handling v
Cooper denies liability in dispute over Hammamet permit withdrawal
Cooper Energy, an Australian oil and gas exploration and production company, has been served with a request for arbitration by its joint venture partners in the Hammamet Permit, offshore Tunisia. The notice was served to Cooper’s wholly owned subsidiary, CE Hammamet, by joint venture partners Medco
Moore Stephens: Shipping Confidence Down in the Dumps
Overall confidence levels in the shipping industry fell to a record low in the three months to February 2016, according to the latest Shipping Confidence Survey from shipping adviser Moore Stephens. The average confidence level expressed by respondents in the markets in which they operate was 5.0 on
Aegean Setting Up Bunkering Operation in South Africa
Greece-headquartered fuel supplier Aegean Marine Petroleum Network is launching a bunker operation in South Africa’s Algoa Bay after securing the permission from the South African Maritime Safety Authority. Aegean says to be the first company able to offer fuels outside port limits in the country. T
Angola LNG inks deal with EDF Trading
Chevron’s Angola LNG and EDF Trading, a unit of EDF, said they have entered into a sales deal for the delivery of liquefied natural gas. Under the “flexible” deal, Angola LNG will deliver multiple cargoes on an ex-ship basis (DES) from 2016 through to 2018, the two companies said in a joint statemen
Egypt: Oil ministry rebuffs reports on BG spat
BG Egypt, a subsidiary of BG Group, a UK company recently taken over by Shell, has reportedly stopped work on some Mediterranean Sea projects, offshore Egypt. According to a Reuters report on Tuesday, which cited an official at the Egyptian General Petroleum Corp (EGPC), the company couldn’t reach a
Global seismic activity in one snapshot
Searcher Seismic, an independent multi-client company providing seismic datasets and associated products to the oil & gas industry, has through its Seisintel product range provided a snapshot of global seismic activity in March. Seisintel, launched in August 2015, uses S-Automatic Identification Sys
Dry Bulk Market Still in Limbo as Owners Resist Ordering New Ships
With 12 weeks of 2016 now over, the dry bulk market is still looking bleak, BIMCO says, seeing that the current low demand for transportation of commodities continues. The market is doing what it can by scrapping old ships and restraining from ordering new ones despite 12-year low newbuilding prices
VIDEO: Take a Peek into the Future of Unmanned Ships
Rolls-Royce has unveiled its vision of the land-based control centres that the company believes will remotely monitor and control the unmanned ships of the future. In a six minute film, Rolls-Royce presents a vision of the future in which a small crew of 7 to 14 people monitor and control the operat
Weathernews to Navigate Maersk’s Vessels
Danish shipping companies Maersk Line and Maersk Tankers have signed a three-year contract with Japan-headquartered weather company Weathernews that covers weather routing services, port forecasts and other weather-driven risk communication services. Operating from five global operations centers, We