Africa
Top news of the week December 7-12, 2015
LNG Canada starts preparation work at Kitimat site Shell-led LNG Canada said it began preparation work at the project’s site in Kitimat last week. Shell starts construction of LNG bunker vessel Gas and oil giant Shell informed that STX Offshore & Shipbuilding has kicked off the construction of the s
Highlights of the Week
Dredging Today brings you an overview of the most popular stories from the past week (December 7-13). Mteck Delivers Electric Dredge Crane for Van Oord Mteck BV, a Dutch based builder of custom cranes for dredging and stevedoring industries, has just delivered an electric dredge crane for Paans Va
Jan De Nul: Creating New Basin in Takoradi Harbor
Takoradi Port is currently undergoing major infrastructure development to be at par with international standards as well as to meet needs of maritime trade activities. This development project, when completed, will provide adequate berthing, mooring, wharf, warehousing and large open space facilitie
South African Ports Become Smart
All eight commercial ports across South Africa’s coastline are now using Transnet National Ports Authority’s (TNPA) new R79 million web-based Integrated Port Management System (IPMS), following the rollout of the system to the Port of Richards Bay on November 26, 2015. TNPA began registering Richard
Fitch Ratings Downgrades Global Shipping Outlook for 2016 to Negative
Fitch Ratings has revised the global shipping sector outlook for 2016 to negative from stable in 2015. The rating agency expects muted global trade growth and the economic slowdown in emerging markets to exacerbate overcapacity, leading to declining and volatile freight rates. But performance will v
Brent slips below $39 for the first time since December 2008
Crude oil prices hit fresh seven-year lows on Friday as the International Energy Agency (IEA) warned global oversupply could worsen in the new year.
Industry Bodies: Include Shipping in COP21 Deal
The global shipping industry organizations are calling for shipping to be brought back in the latest draft text, issued days before talks were due to end at COP21 climate talks in Paris, by United Nations Framework Convention on Climate Change (UNFCCC). Shipping, together with aviation, had been inc
Crewtoo: Poor Connectivity and Shore Leave Key Issues among Seafarers
Connectivity and shore leave emerged as key issues among seafarers in the results of the third Crewtoo Seafarers Happiness Index report. Designed to monitor and benchmark seafarer satisfaction levels via 10 key questions, this edition of Crewtoo’s report shows that a number of respondents feel that
Total in Moho Phase 1b Launch Off Congo
Total has brought on stream the Moho Phase 1b project, located 75 kilometers off the coast of Pointe-Noire in the Republic of Congo. The project is operated by Total and has a production capacity of 40,000 barrels oil equivalent per day (boe/d). “Moho Phase 1b is our ninth start-up since the beginni
Total brings Moho Phase 1b on stream (Congo)
French oil major Total has brought on stream the Moho Phase 1b project, located 75 kilometers off the coast of Pointe-Noire in the Republic of the Congo. The project is operated by Total and has a production capacity of 40,000 barrels oil equivalent per day (boe/d). “Moho Phase 1b is our ninth start
Busy Year for Italdraghe
2015 has proved a record year for the Italian dredger manufacturer Italdraghe. The beginning of the year saw the delivery in Italy of the first of its new range of Octopus dredgers, multifunctional vessels with numerous innovative features that allow them to operate in extremely varied working condi
Shipping Dropped from Paris Climate Deal
The global shipping and aviation industries have been left out from the draft Paris climate agreement published on Wednesday afternoon. The two sectors account for 5 percent of the global emissions and their exclusion from the deal might compromise the 2 degree C target. The two sectors have been in