Africa
VIDEO: Boskalis’ Role in New Suez Canal
Royal Boskalis Westminster has just released a video about their role in the New Suez Canal dredging program. In the video, the semi-submersible heavy transport vessel, Dockwise’s Trustee, mobilizes the first part of the Boskalis’ dredging equipment (cutter suction dredger Edax, Barge 9 and two mult
CHEC Bags USD 600 Million Ghana Port Deal
China Harbour Engineering Company (CHEC), an engineering contractor and a subsidiary of China Communications Construction Company (CCCC), has been chosen to construct a USD 600 million Free Port in Atuabo, Ghana, Xinhua news agency reports. Philomena Kuzoe, Atuabo Free Port’s External Affairs Office
Picture of the Day: Big Dredger in the Canal
The head of the Suez Canal Authority (SCA) Mohab Mamish said this week that the dredging works on the New Suez Canal will be finalized before the deadline. He also added that the preparations for the inauguration ceremony of the new waterway are currently underway and the Suez Canal Authority will b
CHEC Signs $600M Atuabo Port Deal
China Harbor Engineering Company (CHEC), a subsidiary of China Communications Construction Company Ltd (CCCC), has signed a contract to build a new port in Atuabo, Ghana. This new port project includes construction of an 18.5 m deep channel and three quays with the varying depths (16.5 m, 12 m and 9
Zambia Joins IMO
The Republic of Zambia became the latest Member of the International Maritime Organization (IMO), following the deposit of an instrument of acceptance of the Convention on the IMO with the Secretary-General of the United Nations. Paul William Lumbi, High Commissioner of the Republic of Zambia to th
DNV GL wins Total’s Kaombo MWS contract
Total E & P Angola has awarded the Marine Warranty Services (MWS) contract for their flagship Kaombo project. Angola is a country of strategic importance for Total and Kaombo will secure the sustainable growth of Total E & P Angola’s offshore resources. Delivered by DNV GL’s Noble Denton Marine Assu
Sterling takes Ntem operatorship (Cameroon)
Murphy Cameroon Ntem Oil Co., Ltd (Murphy) will transfer its 50% interest in, and operatorship of, the Ntem Concession, offshore Cameroon to Sterling Energy’s subsidiary Sterling Cameroon Limited (Sterling). Ministerial approval of the Transaction has now been granted and will, in due course, be for
Damen delivering vessels to Nigeria
Dutch shipbuilder Damen Shipyards has won an order for the supply of two PSV 3300 Platform Supply Vessels and two FCS 5009 Fast Supplier Vessels. The vessels will be built for LATC Marine from Nigeria. According to a press release by Damen, LATC Marine aims to set new standards in the West African o
Shell to Buy Rival BG Group for USD 69.6 Billion
Royal Dutch Shell and BG Group have agreed on a GBP 47 billion (USD 69.6 bn) cash and share offer to be made by Shell for the entire issued and to be issued share capital of the British oil and gas company. Shell expects the deal to accelerate its growth strategy in global LNG and deep water, as [&h
ICS: New Environmental Regulations Carry USD 500Bn Price Tag
The shipping industry cannot invest in environmental and social improvements required by regulators unless it is commercially viable, the International Chamber of Shipping Director of Policy and External Relations Simon Bennett said at a United Nations panel meeting in New York. ICS noted that the c
BREAKING: Shell, BG forming LNG colossus
Two of the world’s largest LNG players, Royal Dutch Shell and BG Group of UK, are about to reshape the global LNG industry. “The Boards of Shell and BG have reached an agreement on the terms of a recommended cash and share offer to be made by Shell for the entire issued and to be issued share [&hell
BREAKING: Shell, BG forming LNG colossus
Two of the world’s largest LNG players, Royal Dutch Shell and BG Group of UK, are about to reshape the global LNG industry. “The Boards of Shell and BG have reached an agreement on the terms of a recommended cash and share offer to be made by Shell for the entire issued and to be issued share [&hell