Africa
Leading Boxship Operators Welcome Expanded Suez Canal
Danish container shipping giant Maersk Line and French carrier CMA CGM have welcomed yesterday’s official inauguration of the expanded Suez Canal. The Suez Canal accounts for roughly 7.5% of world sea trade and container vessels account for over 50% of the canal’s tonnage passage, according to Maers
Reefer Container Ship Fleet in Growth Mode
The specialised reefer fleet is shrinking and shows no signs of reversing in the future; however, the reefer container ship fleet has increased by 15% year-on-year and is set to grow 20% by 2018, according to Drewry’s latest Reefer Shipping Market Annual Review & Forecast. Consequently, with a capac
Reefer Container Ship Fleet in Growth Mode
The specialised reefer fleet is shrinking and shows no signs of reversing in the future; however, the reefer container ship fleet has increased by 15% year-on-year and is set to grow 20% by 2018, according to Drewry’s latest Reefer Shipping Market Annual Review & Forecast. Consequently, with a capac
King & Spalding advises BW Gas on Egypt FSRU deal
King & Spalding said it has advised BW Gas in connection with its tender to provide Egyptian Natural Gas Holding Company (EGAS) with LNG regasification services utilizing an FSRU in Ain Sokhna, Egypt. BW’s FSRU, named “BW Singapore,” built at Samsung Heavy Industries (SHI) in Korea, will be utilised
King & Spalding advises BW Gas on Egypt FSRU deal
King & Spalding said it has advised BW Gas in connection with its tender to provide Egyptian Natural Gas Holding Company (EGAS) with LNG regasification services utilizing an FSRU in Ain Sokhna, Egypt. BW’s FSRU, named “BW Singapore,” built at Samsung Heavy Industries (SHI) in Korea, will be utilised
Shell declares force majeure on gas supplies to Nigeria LNG
Oil and gas giant Shell has declared force majeure on feed-gas supplies to Nigeria’s LNG export plant on Bonny Island after a pipeline leak. “Shell declared force majeure on gas supplies from SPDC to NLNG (Nigeria Liquefied Natural Gas Co), effective August 4,” SPDC spokesman Precious Okolobo told R
Shell declares force majeure on gas supplies to Nigeria LNG
Oil and gas giant Shell has declared force majeure on feed-gas supplies to Nigeria’s LNG export plant on Bonny Island after a pipeline leak. “Shell declared force majeure on gas supplies from SPDC to NLNG (Nigeria Liquefied Natural Gas Co), effective August 4,” SPDC spokesman Precious Okolobo told R
Maersk Welcomes Suez Expansion
As the largest customer of the Suez Canal with more than 1,400 transits in 2014, the Maersk Group has welcomed the expansion of the Suez Canal and the advantages it entails. Egypt has all through the 20th and 21st century acted as the bridge between Europe and Asia thereby enabling global trade and
New Suez Canal Up and Running
Egypt’s President Abdel Fattah Al-Sisi officially inaugurated the New Suez Canal in the port city of Ismailiya at 2 pm local time today. The USD 8 billion project, which took 11 months to complete, included the widening and deepening of 35 kilometers of the existing Canal up to a depth of 24 meters,
New Suez Canal Up and Running
Egypt’s President Abdel Fattah Al-Sisi officially inaugurated the New Suez Canal in the port city of Ismailiya at 2 pm local time today. The USD 8 billion project, which took 11 months to complete, included the widening and deepening of 35 kilometers of the existing Canal up to a depth of 24 meters,
FMC Delivers Made-in-Nigeria Subsea Wellheads for Egina
FMC Technologies recently delivered four subsea wellheads in Nigeria for Total’s Egina project, the first to be entirely fabricated in country. The wellheads were fabricated for FMC Technologies by Oiltools Africa Limited (OAL), a Nigerian company, and feature a 36-inch-diameter conductor housing an
WATCH LIVE: New Suez Opening
Dredging Today is bringing you live coverage of the New Suez Canal opening ceremony, hosted by the Egyptian President Abdel Fattah Al-Sisi. Live stream provided by the Abdel Fattah Al-Sisi official youtube channel