Africa
ICS: Shipping Set to Cut CO2 Emissions by 50 Pct by 2050
The global shipping industry is already delivering carbon neutral growth having reduced total CO2 emissions by more than 10% since 2007, despite an increase in maritime trade, according to the International Chamber of Shipping (ICS). CO2 emissions from international shipping now represent just 2.2%
ICS: Shipping Set to Cut CO2 Emissions by 50 Pct by 2050
The global shipping industry is already delivering carbon neutral growth having reduced total CO2 emissions by more than 10% since 2007, despite an increase in maritime trade, according to the International Chamber of Shipping (ICS). CO2 emissions from international shipping now represent just 2.2%
Nigeria: Chevron, NNPC secure $1.2 billion for drilling of 36 wells
The Nigerian National Petroleum Corporation (NNPC) has secured a $1.2 billion multi-year drilling financing package for 12 offshore and 23 onshore oil wells under the NNPC/Chevron Nigeria Limited Joint Venture. According to the NNPC, the funding package is being financed by a consortium of Nigerian
Update: Drugs and Weapons Found on Raided Höegh Transporter
Kenyan and U.S. authorities have reportedly found drugs and illegal weapons onboard the Pure Car/Truck Carrier Höegh Transporter which was raided by anti-drugs commando teams in the Port of Mombasa last Thursday, September 17, according to local media. The drugs and weapons were reportedly found ins
Update: Drugs and Weapons Found on Raided Höegh Transporter
Kenyan and U.S. authorities have reportedly found drugs and illegal weapons onboard the Pure Car/Truck Carrier Höegh Transporter which was raided by anti-drugs commando teams in the Port of Mombasa last Thursday, September 17, according to local media. The drugs and weapons were reportedly found ins
Drewry: Container Shipping Profitability to Continue Diminishing
Diminishing profitability in the container shipping sector is expected to continue until the end of the year keeping major carriers on the thin ice, according to the UK-based shipping consultant Drewry. The downward trend that pushed the carriers’ revenues down in the first year-half, continues exer
Drewry: Container Shipping Profitability to Continue Diminishing
Diminishing profitability in the container shipping sector is expected to continue until the end of the year keeping major carriers on the thin ice, according to the UK-based shipping consultant Drewry. The downward trend that pushed the carriers’ revenues down in the first year-half, continues exer
Bolloré Group Sets Aside USD 120 Million for Freetown Terminal
French investment and industrial holding conglomerate Bolloré Group has set in motion a USD 120 million project to extend the container terminal at the Port of Freetown in Sierra Leone. Bolloré Africa Logistics, a subsidiary of Bolloré Group, will expand the capacity of Freetown Terminal by building
Bolloré Group Sets Aside USD 120 Million for Freetown Terminal
French investment and industrial holding conglomerate Bolloré Group has set in motion a USD 120 million project to extend the container terminal at the Port of Freetown in Sierra Leone. Bolloré Africa Logistics, a subsidiary of Bolloré Group, will expand the capacity of Freetown Terminal by building
Freetown Extension Deal Inked
Under the patronage of the Sierra Leone President, Ernest Bai Koroma, the official signing ceremony was held for the Port of Freetown container terminal extension project last week. After six month of engineering and design study, Bolloré Africa Logistics will expand the capacity of Freetown Termina
IMO: Bauxite Liquefaction Sank Bulk Jupiter
The International Maritime Organization (IMO) has warned of the possible dangers of liquefaction associated with carriage of bauxite, following consideration of findings from the investigation into the loss of the 2006-built bulk carrier Bulk Jupiter in January 2015. The Bahama-flagged Bulk Jupiter
IMO: Bauxite Liquefaction Sank Bulk Jupiter
The International Maritime Organization (IMO) has warned of the possible dangers of liquefaction associated with carriage of bauxite, following consideration of findings from the investigation into the loss of the 2006-built bulk carrier Bulk Jupiter in January 2015. The Bahama-flagged Bulk Jupiter