Africa
Oil flows from Eni’s Cinguvu field, offshore Angola
Eni has kicked off production from its Cinguvu offshore oil field, from the West Hub Development Project in Block 15/06 in the Angolan Deep Offshore. The field is located around 350 kilometers northwest of Luanda and 130 kilometres west of Soyo. The West Hub Development Project encompasses the devel
WWF: Oceans Worth USD 24 Trillion
World’s oceans are worth at least USD 24 trillion, but numerous threats are driving this economic powerhouse towards collapse, according to an international NGO World Wildlife Fund. The valuation is contained in a new WWF report: ‘Reviving the Ocean Economy: The case for action – 2015,’ which ranks
Eni Starts Second West Hub Field in Angola
Eni started production two weeks ahead of schedule at the Cinguvu oil field, from the West Hub Development Project in Block 15/06 in the Angolan Deep Offshore, approximately 350 kilometres northwest of Luanda and 130 kilometres west of Soyo. The start-up follows the achievement of West Hub’s first o
NileDutch Names Third 3,510 TEU Boxship
NileDutch, a Rotterdam-based shipping company specialising in cargo liner services from and to West Africa, held a naming ceremony for the third of four newbuild container ships, the 3,510 TEU MV NileDutch Antwerpen, at IMT Terminals in Antwerp, Belgium. The four newbuild container ships will be reg
Kongsberg Maritime to equip Yinson Genesis FPSO
Kongsberg Maritime has been selected to supply a complete Electrical, Instrument and Telecom solution, including E- house, for the new Yinson Production (West Africa) Pte Ltd FPSO, ‘Yinson Genesis’. According to the company, the contract is valued at approximately NOK 200 million ($26.2 million) and
Interview: APM Terminals Stands Ready for Giant Boxships
Dutch-headquartered container terminal operator APM Terminals, part of Maersk Group, opened a new terminal facility at Port of Rotterdam’s Maasvlakte II, hailed as world’s first fully-automated, zero emissions container terminal. The 86 hectare (212 acre) deep-water terminal features 1,000 meters of
Alcatel-Lucent Bags Orval Subsea Cable Deal
Alcatel-Lucent and the Algerian Ministry of Post, Information Technology and Communications, have signed a turnkey agreement for the deployment of the Orval system, an over 560 km fiber-optic undersea cable that will link Oran in Algeria to Valencia, Spain. With completion expected in 2016, the 100
Maersk’s Boxship Catches Fire off Mauritius
The 8,700 TEU container ship Maersk Londrina caught fire while en route from Malaysia to Brasil on April 25, forcing the vessel to divert to Mauritius, Maersk’s Senior Press Officer Michael Christian Storgaard confirmed to World Maritime News. The 2012-built boxship was en route from Tanjung Pelepas
Egypt to Place 2nd Floating LNG Terminal in Adabiya Port
Having received its first floating import LNG terminal earlier this month, Egypt has announced plans to invest in a second terminal as it explores opportunities to secure energy to the country. The country expects to receive the second terminal in August this year and is already in talks with severa
COSCO Pacific Bolsters Quarterly Profit by Fifth
The Hong Kong-headquartered COSCO Pacific handled 16.5 million TEUs throughout its container terminals in the first quarter of 2015, a 6.6% increase compared to 15.5 million TEUs the ports and terminals arm of the COSCO Group handled in the first three months of 2014. The improved throughput transla
DP World Improves Quarterly Volumes
Dubai-headquartered terminal owner and operator DP World Limited handled 15 million TEUs throughout its container terminals in the first quarter of 2015, with gross container volumes growing by 4.4% compared to the same period in 2014. The consolidated terminals, those where DP World has control as
Tullow’s TEN project off Ghana can move ahead, court rules
Tullow Oil has informed that the Special Chamber of the International Tribunal of the Law of the Sea (ITLOS) in Hamburg has rejected Côte d’Ivoire’s request that Ghana be ordered to suspend all oil exploration and exploitation in the disputed zone including the Tweneboa-Enyenra-Ntomme (TEN) Project.