Africa
Douglas Westwood: Offshore prospects for 2016: Playing the waiting game?
This year, the offshore oil and gas industry has had to come to terms with the worst downturn for more than a decade. With commodity prices plummeting to an eleven-year low in December, it is time to reflect on the year gone by and consider the outlook for the year to come, Douglas-Westwood, an ener
Popular news, December 21 – 27, 2015
Read the most popular news of the week.
Top news of the week December 21-26, 2015
Shell plans more cuts after BG deal Hague-based energy giant Shell said Tuesday it reduced capital spending plan for next year as it prepares to finalize the combination with BG in a low oil price environment. Egypt expanding LNG infrastructure Egyptian Ministry of Petroleum recently revealed a US$3
Highlights of the Week
Dredging Today brings you an overview of the most popular stories from the past week (December 21-27). Boskalis Dredger Freeway Busy in Portsmouth Boskalis’ 4,500 m³ trailing suction hopper dredger Freeway has arrived at the HMNB Portsmouth and is dredging the channel ahead of the arrival of the Q
Season’s greetings by the industry
Season’s greetings by the industry
Egypt Set on Upgrading Its Ports
Egypt wants to upgrade the country’s ports, especially the six ports situated on the Suez Canal in order to enable them to have the necessary capacity to handle increasing cargo volumes in the region. At a recently held meeting, Egypt’s President Abdel Fattah Saeed Hussein Khalil el-Sisi presented t
Report: Egypt late with LNG payments
Egypt has reportedly accumulated around US$350 million of debt towards the LNG suppliers due to a foreign currency crisis and low oil prices.
Israel clears Tamar gas exports to Egypt
Natural gas exports from Israel’s Tamar field to Egypt have reportedly been given a green light by the government.
IADC Releases Annual Review of Global Dredging Market
The International Association of Dredging Companies (IADC) has just released ‘Dredging in Figures‘ report for the past year. The report is an annual review of the global dredging market, focusing on the global dredging and maritime construction industry in 2014. The IADC aims to be thorough and prec
Idle Boxship Fleet Approaching New Record, Modest Rebound for Rates in 2016
The global containership fleet made idle this year is set to reach a new record, surpassing the 1.5m TEU mark set in December 2009, according to Maritime Strategies International. As of November, 1.4m TEU was idle, having increased 760,000 TEU in two weeks amid depressed freight rates. What is more,
Entry into Force of BWM Convention Yet to Be Confirmed
Despite the fact that forty-seven countries have now ratified the Ballast Water Management (BWM) Convention with Morocco and Ghana bringing the convention ever closer to entry into force, the question still remains on whether the requirement for parties to hold 35% of the world’s tonnage has been me
IADC to Host More Conferences in the Future
The International Association of Dredging Companies (IADC) is interested in hosting more conferences in the future following the success of its 50th Anniversary Conference, “From Birth to Boom: Asian Maritime Megastructures”. The conference which was held at the Island Shangri-La Hotel in Hong Kong