Africa
KBR elects President of Engineering and Construction for MENA region
KBR Inc, an American engineering, procurement, and construction company, has appointed Jay Ibrahim to serve as President of Engineering and Construction, Middle East and North Africa (MENA). According to KBR, Ibrahim has 21 years of experience in the Middle East Region, having served in a variety of
Why Containers Get Lost at Sea?
Containerization has reformed the ocean transportation of cargo becoming the standard method of moving goods across the globe today. Although the containers have simplified the shipping of large quantities of goods all round the world, there have been a number of incidents, which involved the loss o
Second Officer Denies Any Warning Prior to Attacks on Turkish Freighter off Libya
Libya issued no warning prior to the attack, according to the second officer of a Turkish freighter that was shelled and then attacked twice by fighter planes off Libya’s city of Derna on May 10, Turkey’s Hurryiet Daily News reports. The third officer on the Cook Islands-flagged bulk carrier Tuna-1
IMO Tables Marshall Islands Proposal on CO2 Target
The International Maritime Organization (IMO) decided on Wednesday to postpone the discussion on the setting of a new global target for reducing greenhouse gas emissions from international shipping, proposed by the Marshall Islands. The Foreign Minister of the Marshall Islands, Tony de Brum, introdu
Photo Update: Suez Dredging Almost 70% Complete
Construction works on a multi-billion dollar New Suez Canal project, which will expand the existing Suez Canal, are nearing its completion. Egyptian President Abdel Fattah el-Sisi said two days ago that dry digging in the canal is 100 percent completed while dredging work is 65 percent finished. The
Trelleborg’s floatover equipment for DSO Escravos gas project
Trelleborg’s engineered products operation has completed its supply of floatover equipment for Phase 3 of the DSO Escravos Gas Project, the operation’s first floatover in West Africa. Contracted by Hyundai Heavy Industries (HHI), Trelleborg provided Leg Mating Unit (LMU) pads for the floatover proce
IMO Concerned with Stalled BWMC Ratifications, EU’s CO2 Monitoring System
The ”disappointingly” slow pace of ratifications of the Ballast Water Management Convention and a recent approval of a European CO2 Monitoring Reporting and Verification system are causes for concern, the International Maritime Organisation’s Secretary-General Koji Sekimizu said in his opening addre
Moody’s: Calm Seas Ahead for Global Shipping Industry
Moody’s Japan K.K. says the outlook for the global shipping industry over the next 12-18 months is stable. “Moody’s-rated shipping companies should report aggregate year-over-year EBITDA growth of around 5%-7% over the next 12 to 18 months. Our expectation indicates a stable outlook for the industry
Universal LNG, Sembcorp partner up to turn associated gas into LNG
Universal LNG Holdings Inc. and Sembcorp Marine’s Jurong Shipyard have entered into a partnership to establish West Africa LNG Development. According to a statement by Universal LNG Holdings, the partnership will set a new, greener standard for global oil production and supply Africa with needed ene
Early contract termination for BassDrill Alpha tender barge
Atlantica Tender Drilling Ltd. has informed that owing to the depressed oil price environment, Total Congo has elected to early terminate the BassDrill Alpha contract. The contract will be terminated at the conclusion of the present well which is expected later this month. The company says it intend
Universal LNG, Sembcorp Marine form African JV
Universal LNG Holdings said it has formed and launched West Africa LNG Development, a partnership between Universal LNG and Sembcorp Marine’s Jurong Shipyard.
Universal LNG, Sembcorp Marine form African JV
Universal LNG Holdings said it has formed and launched West Africa LNG Development, a partnership between Universal LNG and Sembcorp Marine’s Jurong Shipyard.