Africa
Crewtoo: Seafarers Dread Port Calls
Seafarers sometimes fear port calls because of the increase in workload caused by the many audits and inspections when a ship is in dock, according to the results of the second Seafarers Happiness Index report published by Crewtoo, the online social network for seafarers. This increase in workload a
VIDEO: How to Dismount Cutter Head
Royal IHC, a Dutch builder of vessels and equipment for the dredging and offshore oil & gas industries, has just introduced a video that shows how to remove a cutter head and prevent eventual damage during the process. The cutter heads and teeth on the dredgers are exposed to extreme forces and wear
Sea Freight Keeping Logistics Situation Index Afloat
The Stifel Logistics Situation Index showed an easing in demand in August, resulting in a decline of 1.8 points to a mark of 51.3. However, the current situation in sea freight saw gains over July’s score, and was significant in arresting the pace of decline, providing a bright spot in a month that
Sea Freight Keeping Logistics Situation Index Afloat
The Stifel Logistics Situation Index showed an easing in demand in August, resulting in a decline of 1.8 points to a mark of 51.3. However, the current situation in sea freight saw gains over July’s score, and was significant in arresting the pace of decline, providing a bright spot in a month that
Cobalt takes Talos Energy’s CFO
Cobalt International Energy, an exploration and production company, focused in offshore North America and West Africa, has named Shannon E. Young, III as new Chief Financial Officer (CFO) and Executive Vice President. Young is currently Senior Vice President & Chief Financial Officer for Talos Energ
BSR: Average CO2 Emissions Continue Declining
Average CO2 emissions per container per kilometer for global ocean transportation routes have declined by 8.4 percent from 2013 to 2014 and by more than 29 percent since 2009, according to BSR’s Clean Cargo Working Group (CCWG) annual report for 2015. The report attributed a portion of these results
BSR: Average CO2 Emissions Continue Declining
Average CO2 emissions per container per kilometer for global ocean transportation routes have declined by 8.4 percent from 2013 to 2014 and by more than 29 percent since 2009, according to BSR’s Clean Cargo Working Group (CCWG) annual report for 2015. The report attributed a portion of these results
Alfa Laval to provide boiler modules for FPSO offshore Nigeria
Alfa Laval, a Swedish heat transfer, centrifugal separation and fluid handling company, has won an order to supply its Alfa Laval Aalborg boiler modules for an FPSO vessel to be moored offshore Nigeria. The company has said that the order, booked in the Marine & Offshore Systems segment, has a value
Total ditches coal, focuses on natural gas
Total informed that, with closing of the sale of mine operator Total Coal South Africa it no longer produces coal and turns its sights on natural gas.
TGS buys seismic data from Polarcus
TGS and Polarcus have completed the main component of the transaction in which TGS acquired Polarcus’ multi-client library. On June 29, TGS and Polarcus signed a Letter of Intent for TGS to acquire Polarcus’ multi-client library, with the exception of Australia, for a price of $27.5 million on a cas
Cobalt, Sonangol in $1.75B deal for pair of Angolan blocks
Sonangol, a company responsible for the management of oil and gas reserves in Angola, and Cobalt International Energy, Inc. on Monday announced the signing of a Sale and Purchase Agreement for Sonangol to acquire all of Cobalt’s 40% participating interest in Blocks 21/09 and 20/11 offshore Angola. S
Mega Boxships and Rising Demand Fueling Port Investment Race
Rising global container port demand and ever larger vessels are driving terminal operators to make significant investments in additional capacity, according to the Global Container Terminal Operators Annual Report 2015 published by global shipping consultancy Drewry. Drewry predicts average global c