Africa
Italy Saves Over 2,000 Mediterranean Migrants
Four migrant smugglers armed with Kalashnikov guns threatened one of the Italian coastguard’s motorboats involved in Sunday rescue operations of around 2,200 Libyan migrants trying to reach Europe, the BBC reports. The four armed smugglers arrived in a speedboat from Libya and ordered the coastguard
Sevan Marine wins EPC contract for FPSO Yinson Production
Sevan Marine’s subsidiary, KANFA AS, has been awarded a Letter of Award (LOA) for the Engineering, Procurement and Construction (EPC) contract for four process modules for the FPSO Yinson Production. The FPSO Yinson Production will be deployed at the recently sanctioned Offshore Cape Three Points Bl
Cyprus, Egypt to cooperate in oil and gas activities
Egypt and Cyprus signed a Memorandum of Understanding for cooperation in the field of oil and gas.
Cyprus, Egypt to cooperate in oil and gas activities
Egypt and Cyprus signed a Memorandum of Understanding for cooperation in the field of oil and gas.
Readers’ Picks of the Week (9-13 of Feb)
Kuwaiti Oil Tanker Fights Off Pirate Attack A Kuwaiti oil tanker sailing through the Gulf of Aden managed to fend off a pirate attack on Sunday, February 8th.…Read more Pieter Schelte Becomes Pioneering Spirit Swiss-based owner of Pieter Schelte Allseas Group SA said that the vessel is being renamed
Popular news, February 9 – 15, 2015
The week before this one was filled with stories about the vessel Pieter Schelte and the controversy regarding its name. Namely, the unions in the UK did not want the vessel named after a Nazi Germany’s Waffen-SS officer to be working in the UK. What followed was an announcement that indeed the vess
Highlights of the Week – Readers’ Choice
Picture of the Day: ‘Artemis’ in New Suez Canal The New Suez Canal dredging program is moving ahead. The Van Oord’s self-propelled cutter suction dredger ‘Artemis’ arrived two days ago at the site and started work immediately. VIDEO: Reuse of Dredged Materials by DEME DEME has […]
Afren-Seplat takeover talks cancelled
Afren plc, an oil and gas company which has been reviewing the funding and liquidity requirements of the business, has today said that it has terminated the talks with Nigeria’s Seplat over a possible takeover. To remind, the company in December last year said it had received a highly preliminary ap
Update 2: Baltic Dry Index Plummets Further
The Baltic Dry Index has fallen to 540 points February 12, marking a further 13 point (-2.35%) slide compared to the previous record low of 553 points reached just a day earlier. Dry bulk owners have seen their earnings slashed as a result of the index fall, some of them even forced to resort to ban
Huawei Exhibits 100G Subsea Solution in Africa
Huawei, and Huawei Marine, a submarine cable network provider, has presented its Super 100G solution at WDM & Next Generation Optical Networking Africa which is held in Capetown. Huawei says that this solution includes high-integrated 100G, metro 100G and submarine 100G capabilities, and it will pro
Seago Line Starts North Europe-Morocco Link
The Danish shipping company Seago Line, an independent entity within the A.P. Moller – Maersk Group, is starting a new service next week, connecting Sweden’s Port of Gothenburg to Casablanca and Agadir in Morocco. Swedish exports to Morocco have more than doubled in the past ten years. In 2013, the
Picture of the Day: New Suez Dredging
The New Suez Canal development program is part of the Suez Canal mega project, which includes the development of several seaports in the three governorates bordering the canal, Suez, Ismailia and Port Said, in addition to a seaport in the South Sinai city of Nuweiba and the development of Sharm Al-S