Africa
Readers’ Picks of the Week (20-24 of Apr)
Video: NASSCO Launches World’s First LNG-Powered Container Ship The US shipbuilder General Dynamics NASSCO christened and launched the world’s first container ship powered by liquefied natural gas (LNG) at its shipyard…. Read more Susan Maersk Runs Aground in Suez Canal Danish-flagged containership
Popular news, April 20 – 26, 2015
Last week was all about thirty fourth IHS CERAWeek conference in Houston, so naturally some of the most read articles on Offshore Energy Today include the stories reported by our team attending the conference. The speech made by Statoil’s CEO Eldar Sætre during IHS CERAWeek conference tops our list
New Suez Canal: Highest Level of Navigation
The New Suez Canal will be equipped with the most modern seamarks and buoys to achieve the highest level of navigational safety to passing ships, Chairman of the Suez Canal Authority Mohab Mamish said. During a meeting with visiting UAE State Minister Sultan al Jaber and his accompanying delegation,
MSC Cruises Drops Calls in Ukraine and Egypt amid Safety Concerns
MSC Cruises cruise line has decided to suspended remaining 2015 calls in Ukraine and Egypt, replacing them with a number of Mediterranean alternatives. “These itinerary changes attest to MSC Cruises’ permanent focus on the safety of guests and crew – the number one priority at all times,” the compan
Industry: EU Mediterranean Crisis Summit Falls Short
Commenting on the European Council’s decision on migrant rescue operation in the Mediterranean, the merchant shipping industry questioned the fact that operation Triton remains within the mandate of FRONTEX, the EU border agency. Namely, this raises serious questions about the extent to which these
WATCH: ROV Surveys Sunken ‘Oleg Naydenov’
The following footage shows an ROV inspection at a depth of 2,700 meters, offshore Gran Canaria, where Oleg Naydenov sank with nearly 1,500 tonnes of fuel. A remotely operated vehicle (ROV) was deployed on Tuesday, April 22 to inspect the wreck located approximately 24 kilometres off the southern co
Shippers Skeptical about Shipping Alliances’ Benefits
Emergence of major shipping alliances has not convinced major shippers of the benefits they promised to bring. While speaking at this week’s TOC Container Supply China event in Singapore David Panjwani, global logistics director for US machinery manufacturer John Deere said that the emergence of fou
Exceptional Year for Van Oord
Van Oord, a Dutch contracting company that specializes in dredging and land reclamation, has just published its annual report 2014. The annual report 2014 looks back on an exceptional year, according to CEO Pieter Van Oord: “The year was special because for the first time in our history, our turnove
BG supports World Bank gas flaring initiative
LNG player BG Group said it is supporting the World Bank ‘Zero Routine Flaring by 2030’ initiative to eliminate routine gas flaring at operated oil production sites. The initiative has been endorsed by nine countries, ten oil companies and six development institutions. It was launched last week by U
BG supports World Bank gas flaring initiative
LNG player BG Group said it is supporting the World Bank ‘Zero Routine Flaring by 2030’ initiative to eliminate routine gas flaring at operated oil production sites. The initiative has been endorsed by nine countries, ten oil companies and six development institutions. It was launched last week by U
EU to Triple Funding for Mediterranean Crisis
Responding to the ongoing pressure from the maritime industry, the European Union has committed to triple the financial resources to reinforce EU Operations Triton and Poseidon in 2015 and 2016. Tripling annual funding to 120 million euros ($130 million) will provide for boosting of the search and r
Eko Atlantic City Grows Rapidly (VIDEO)
Eko Atlantic City in Nigeria is one of the most ambitious real estate developments in Africa. The new city is being built on Lagos’ Bar Beach – on land that is reclaimed from the sea. The City is being built in six phases that will ultimately result in the creation of 9 km² of prime land, […]