Africa
Polarcus in West Africa Deal
Oslo-listed Polarcus has received a Letter of Intent (LOI) from an undisclosed client to execute a 3D marine seismic project in West Africa. The survey will be acquired utilizing Polarcus’ RightBAND technique for broadband data acquisition. The project is scheduled to last two weeks and will form pa
Polarcus in 3D shoot off West Africa
Polarcus Limited, an offshore geophysical company, has received a Letter of Intent from an undisclosed client to execute a 3D marine seismic project offshore West Africa. In a statement issued on Friday, the Dubai-based seismic specialist said it would be utilizing its RightBAND technique for broadb
Great Success for 8th ICE Conference in Amsterdam
The eighth ICE Coastal Management conference, which was held recently in Amsterdam, brought together 220 engineers, scientists and coastal management professionals from over thirty countries across the world. The main focus of the event was on current issues, research and practical applications. Ove
Is There a Light at the End of the Tunnel for Boxships?
The low demand on the high volume trade lanes is surely increasing the pressure on earnings which is already felt in the container shipping industry, BIMCO’s Chief Shipping Analyst, Peter Sand shared with the participants at the Maritime Cyprus 2015 Conference in Limassol, Cyprus on the 13-16 Septem
Is There a Light at the End of the Tunnel for Boxships?
The low demand on the high volume trade lanes is surely increasing the pressure on earnings which is already felt in the container shipping industry, BIMCO’s Chief Shipping Analyst, Peter Sand shared with the participants at the Maritime Cyprus 2015 Conference in Limassol, Cyprus on the 13-16 Septem
Infographic: Container Scrapping Trends
The container shipping industry is plagued by overcapacity, especially seeing that container scrapping is becoming less popular among ship owners despite the downturn in freight rate levels. Moreover, ordering spree, particularly for Ultra Large Container Carriers (ULCCs) is gaining momentum with sh
Infographic: Container Scrapping Trends
The container shipping industry is plagued by overcapacity, especially seeing that container scrapping is becoming less popular among ship owners despite the downturn in freight rate levels. Moreover, ordering spree, particularly for Ultra Large Container Carriers (ULCCs) is gaining momentum with sh
Harkand to Support Technip on TEN Project in Ghana
A new joint venture between Harkand and Consolidated Shipping Agencies Ltd has resulted in its first contract win in Ghana, West Africa. The award will see the global inspection, repair and maintenance (IRM) company delivering onshore and offshore support to Technip in the region. Having formed a st
Nexans’ Umbilicals for West Nile Delta Taurus Libra Project
Nexans has been awarded the contract to deliver 48km of static umbilicals to BP, and partner DEA, for the West Nile Delta Taurus Libra project in Egypt. The Taurus Libra development is a subsea project tied in to existing BG Group operated Burullus facilities. The umbilicals consist of electrical an
Mauritius Eyes LNG Bunkering
Mauritius Ports Authority has hired Royal HaskoningDHV to look into possibilities for Port Louis to be converted into a bunkering and petroleum/LNG hub. The analysis would be conducted within the scope of the Port Masterplan studies for Port Louis (the gateway port of the Island of Mauritius) and fo
Mauritius Eyes LNG Bunkering
Mauritius Ports Authority has hired Royal HaskoningDHV to look into possibilities for Port Louis to be converted into a bunkering and petroleum/LNG hub. The analysis would be conducted within the scope of the Port Masterplan studies for Port Louis (the gateway port of the Island of Mauritius) and fo
Polarcus Adira Kicks Off Senegal Shoot
FAR Limited and its Senegal joint venture partners have begun a new 3D seismic survey over its Sangomar Deep, Sangomar and Rufisque permits, offshore Senegal. The Polarcus Adira 3D seismic vessel will acquire data in the north and east parts of the permits along trend from existing mapped prospects