Africa
Infographic: Building Modern Marvels
Have you ever asked yourself how the biggest ships were made? Today’s infographic brings you detailed information about building techniques and technologies used for building some of the biggest ships, trucks and constructions. Click here for full-size image World Maritime News Staff; Infographic so
Infographic: Building Modern Marvels
Have you ever asked yourself how the biggest ships were made? Today’s infographic brings you detailed information about building techniques and technologies used for building some of the biggest ships, trucks and constructions. Click here for full-size image World Maritime News Staff; Infographic so
Picture of the Day: Vaal River Dredging
Over the years there has been a steady flow of sludge and sediment in the Vaal River at the Loch Vaal residential area. Due to this accumulation some residents along this bank have been unable to launch their boats into the river. To solve these problems, Bovu Fluid Holdings (Bovu Pumps) used their
Oil services firms beat expectations, tough times loom
Oil and gas service companies have fared better than expected in the first half of the year despite a weak market, thanks to deep-pocketed Middle Eastern customers and stringent cost cuts.
Another Migrant Boat Sinks Off Libya, 200 Feared Dead
A boat carrying around 400 African migrants has reportedly sunk offshore Libya leaving around 200 people dead. As Reuters reports, the Libyan coast guard rescued around 201 people, and others are believed to be trapped in the cargo hold when the boat sunk. The authorities informed that the migrants
Very Busy 2015 for DEME
DEME reported another particularly active first half-year in 2015. A net profit of 119.8 million euros (1H14: 62.6 million euros) was realized on an (economic) turnover of 1,218.7 million euros. Besides the many ongoing projects on all continents, several largescale projects in Australia (Wheatstone
Anadarko moves closer to Mozambique LNG FID
Anadarko Petroleum has moved a step ahead with the Mozambique LNG project as it reportedly lined up 90% of supply deals that are only awaiting state approvals.
Frontline CEO: Tanker Orderbook Is a Concern
The strength of the tanker market which has enjoyed pretty high rates may be threatened by the inflow of the new tonnage scheduled for delivery in the following two years. “Given the positive outlook of the tanker market we expect very little scrapping and the orderbook is a concern. As the delivery
Frontline CEO: Tanker Orderbook Is a Concern
The strength of the tanker market which has enjoyed pretty high rates may be threatened by the inflow of the new tonnage scheduled for delivery in the following two years. “Given the positive outlook of the tanker market we expect very little scrapping and the orderbook is a concern. As the delivery
Rosneft, EGAS ink LNG supply deal
Rosneft Trading, a company of Rosneft Group, and the Egyptian Natural Gas Holding Company signed a master LNG supply and purchase agreement.
Nigeria Bins Crude Oil Delivery Contracts
The Nigerian National Petroleum Corporation (NNPC) has cancelled the contract for the delivery of crude oil to the nation’s refineries in Warri, Port Harcourt and Kaduna, “due to exorbitant cost and inappropriate process of engagement”. Namely, NIDAS Marine Limited, a subsidiary of the NNPC has been
Nigeria Bins Crude Oil Delivery Contracts
The Nigerian National Petroleum Corporation (NNPC) has cancelled the contract for the delivery of crude oil to the nation’s refineries in Warri, Port Harcourt and Kaduna, “due to exorbitant cost and inappropriate process of engagement”. Namely, NIDAS Marine Limited, a subsidiary of the NNPC has been