Africa
Bilbao terminal to receive LNG cargo
Spain’s Bilbao import terminal is expected to receive a shipment of LNG from Nigeria this week, according to shipping data. The cargo is being carried by the LNG Bayelsa, with a capacity of 137,500 cubic metres, and it is due to arrive at the terminal on May 7. Bilbao terminal facilities have a stor
Bilbao terminal to receive LNG cargo
Spain’s Bilbao import terminal is expected to receive a shipment of LNG from Nigeria this week, according to shipping data. The cargo is being carried by the LNG Bayelsa, with a capacity of 137,500 cubic metres, and it is due to arrive at the terminal on May 7. Bilbao terminal facilities have a stor
Capesize Options Lift Dry FFA Market in April
April 2015 was the busiest month of the year for the dry bulk freight derivatives market, according to the figures compiled by the Baltic Exchange. In excess of 140,000 lots were traded in the Forward Freight Agreement (FFA) and options markets, a 60% increase on average volumes for the first three
MOAS Rescues 473 People in Three Days
In three days of its newly launched rescue mission, search and rescue charity Migrant Offshore Aid Station (MOAS) saved 473 men, women and children. The summer mission was launched on Saturday, May 2nd when the 20-strong crew aboard the Phoenix, including camcopter operators, search and rescue profe
Chevron still sees Angola LNG startup by year-end
Oil and gas giant Chevron is still expecting the Angola LNG export plant to restart operations by the end of this year. The US$10 billion LNG plant, which shipped its first cargo in June of 2013, was shut down in April last year after a major rupture on a flare line. “Work is still underway. [&helli
Chevron still sees Angola LNG startup by year-end
Oil and gas giant Chevron is still expecting the Angola LNG export plant to restart operations by the end of this year. The US$10 billion LNG plant, which shipped its first cargo in June of 2013, was shut down in April last year after a major rupture on a flare line. “Work is still underway. [&helli
Study: New Ships Already Meet 2020 Design Standard
A new CE Delft study has revealed that many recently constructed ships already meet the International Maritime Organisation’s design efficiency standard for 2020, indicating that there is significant room for tightening these standards when the IMO meets next week, European environmental lobby group
WERPO, Guinea-Bissau: USD 500 mln for wave power plant
WERPO has signed an agreement with the Government of Guinea-Bissau, West Africa, for the development of a 500 MW wave power plant off the county’s coastline. The USD 500 mln agreement has been signed for creating a joint venture between the Government of of Guinea-Bissau and WERPO. The Guinea-Bissau
Update: JS Danube Re-Floated
A towing and salvage company Smit International and Kenya Ports Authority re-floated the Singapore-flagged bulk carrier JS Danube that had been stranded near the port of Mombasa since April 28, Kenya’s daily Standard reports. The 63,500 dwt bulker ran aground after hitting a rock in low tide some tw
Drillship Maersk Voyager en route to Ghana to operate for Eni
Maersk Drilling’s ultra deepwater drillship Maersk Voyager is now well on its way towards Ghana where it will operate for Eni Ghana Exploration and Production Ltd. Maersk Drilling said yesterday, May 4, 2015, that Maersk Voyager’s first stop is in Singapore and according to VesselFinder that is wher
Golar FLNG for Ophir’s E. Guinea offshore development
Ophir Energy has signed a binding heads of terms for a midstream chartering and operating services agreement with Golar LNG with the agreement of GEPetrol, its partner in Block R in Equatorial Guinea, who will formally ratify it next week. This agreement establishes the key commercial terms for Gola
CEDA Annual Report 2014 Published
Central Dredging Association – CEDA, an established authority and the leading independent forum for the professional dredging community, has just published its 2014 Annual Report. “In 2014 we consolidated much of the work started in 2013 and we set out some ambitious plans for the future in the CEDA