Africa
INTERVIEW with Dredge Yard
Dredge Yard – producer of mining/dredging components and equipment – has had a very busy year with the launch of a new dredger, supplying equipment and upgrading TSHDs and delivery of compact and economic sediment dredger for the Gulf region. The company also visited several dredging conferences and
SapuraKencana nets $72M in contracts
SapuraKencana Petroleum’s subsidiary companies have been awarded contracts and extensions with a combined value of approximately $72 million in Malaysia, India and Ivory Coast. SapuraKencana HL Sdn Bhd has been awarded a contract for the provision of engineering, procurement, construction & commissi
Drewry: Fleet Growth to Push Down LPG Rates in Second Half of 2016
LPG shipping rates are expected to decline from the second half of 2016 as a bloated orderbook for very large gas carriers (VLGCs) fuels fleet growth that will far exceed shipping demand, according to the latest edition of Drewry’s LPG Forecaster. VLGC earnings have had another stellar year, averagi
WACS Upgrade Comes Online
The recently completed 14,530 km system upgrade of the West African Cable System (WACS), has gone live after completing a stringent customer certification and testing program, Huawei Marine informed on Tuesday. WACS is owned and operated by a consortium of 18 international and regional carriers whic
HollandMT Delivers Spud Design for Backhoe Dredger
In cooperation with FKAB, HollandMT has successfully delivered a design for a spud lifting system to be used on a backhoe dredger. The spud lifting system is powered by hydraulic winches which also allow free floating of the moored dredger. To absorb shock loads during dredging operations, the spud
Oil prices edge up from near seven-year lows as China oil imports surprise
Crude prices edged away from nearly 7-year lows on Tuesday as China reported strong commodity imports despite economic weakness, but overall the market remained under pressure due to global oversupply compounded by OPEC’s decision to keep output high.
New crew supplier for Alba field off Equatorial Guinea
P&O Repasa, a new company formed last year by the acquisition of the majority of the shares in Spanish towage firm Repasa by P&O Maritime, has taken delivery of the first Damen Fast Crew Supplier 5009. The original Repasa focused on towage operations, but in its new form it is looking to expand into
International offshore rigs stay on downward trend
Baker Hughes, one of the world’s largest oilfield services companies, reported on Monday that the international offshore rig count for November 2015 has dipped when compared to the same period last year and October 2015 rig count. According to Baker Hughes’ report, the international offshore rig cou
PDi Supports Chevron’s Agbami Phase 3 Project
Project Development International (PDi) has secured a £1.5 million contract with Nigerian Marine Platforms Limited (MPL), to provide technical support to the Chevron Agbami Phase 3 transport, installation and pre-commissioning project. Due for completion in early Q2 2016, MPL has appointed PDi to su
CMA CGM Adds Two Service Calls to Salalah
French-based container shipping line CMA CGM will add two new weekly services to East Africa, and Europe, beginning the first week of December, those being the Noura Express and the EPIC service. Both services will include adding calls to the Port of Salalah. The Noura Express service, on the East A
Popular news, Nov 30 – Dec 6, 2015
Popular news, Nov 30 – Dec 6, 2015
Highlights of the Week
Dredging Today brings you an overview of the most popular stories from the past week (November 29 – December 6). VIDEO: Honeymoon Beachfill Wrapped Up The City of Dunedin, Florida, has just announced that the $4.6 million beach renourishment work on Honeymoon Island is now completed. Anchorage P