Africa
Tanzania Refutes Bagamoyo Port Suspension Claims
Responding to the reports that the construction of the USD 10 billion Bagamoyo port, the largest port in East Africa, will be suspended, the government of Tanzania said that the construction will continue, according to local media. The government confirmed that the project is scheduled to start in J
MainOne: NCSCS Subsea Cable Complete
MainOne informed that the Nigerian-Cameroon Submarine Cable System (NCSCS) connecting Lagos, Nigeria, Kribi and Cameroon has been completed and went live last month. The submarine cable installation, which started in June 2015 following a tripartite partnership between MainOne, The Ministry of Post
NOC: Fires at Libya’s Ras Lanuf and Es-Sidra Terminals Extinguished
Fires raging at Libyan two major oil ports Ras Lanuf and Es-sidra were extinguished on January 8th, the country’s National Oil Co. said. At least five oil tanks were set on fire in a rampage launched last week by the Islamic State militants within attempts to seize the country’s oil assets. Accordin
Hyperdynamics sues Tullow, Dana for breach of contract in Guinea
Hyperdynamics, an independent oil company with an offshore block in Guinea, Africa, has filed legal actions against its partners under the Joint Operating Agreement governing the oil and gas exploration rights offshore Guinea. The company’s subsidiary, SCS Corporation, has filed parallel actions in
DW: Oversupply of oil may be more persistent than expected
Oil prices have been extremely volatile since the first trading day of 2016 and hit 12-year lows last week with Brent dropping below $33 a barrel for the first time since 2005, Douglas-Westwood, an energy intelligence group, has said in its DW Monday report. The fall in the Chinese manufacturing ind
South Africa to Boost Maritime Workforce Supply
South Africa has the potential to become a global supplier of high-quality, highly-skilled ship’s officers, according to Daniel Ngubane, the newly appointed CEO of Marine Crew Services (MCS), the Cape Town-based training and crewing specialist. “South African seafarers are highly sought after intern
Eni Brings Online Third Field at West Hub Development
Eni has started production from the Mpungi field in the West Hub Development Project, within Block 15/06 of the Angolan Deep Offshore, approximately 350 kilometers northwest of Luanda and 130 kilometers west of Soyo. Reportedly, the start-up of Mpungi field, which follows the West Hub’s first oil fr
Eni starts production from Mpungi field (Angola)
Italian oil company Eni has started production from the Mpungi field in the West Hub Development Project, within Block 15/06 of the Angolan Deep Offshore, approximately 350 kilometres northwest of Luanda and 130 kilometres west of Soyo. The start-up of Mpungi field, which follows the West Hub’s firs
Detained Turkish Bulkers to Be Auctioned Off
A pair of Marshall Islands-flagged bulk carriers were detained in Durban, South Africa, by court decision due to vessel foreclosure, according to local media. The vessels, owned by Turkish shipping company Kaptanoglu Holding, were arrested by a local court acting on behalf of the Unicredit Bank from
Readers’ Picks of the Week (Jan 4 – Jan 8, 2016)
ISIS Attacks Libya’s Largest Oil Port Libya’s largest oil port of Sidra was attacked early Monday by Islamic State militants who were trying to seize the port… Read More Four Cruise Ships Joining Carnival’s Fleet in 2016 Cruise shipping giant Carnival Corporation & plc said it will launch four new s
Popular news, January 4 – 10, 2016
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Highlights of the Week
Dredging Today brings you an overview of the most popular stories from the past week (January 3-10). Boskalis Strengthens Market Position in Germany Royal Boskalis Westminster N.V. has reached a heads of agreement with STRABAG SE for the acquisition of the dredging activities and assets of STRABAG W