Africa
China Shipping, Hapag-Lloyd and NYK End West Africa Express
China Shipping, Hapag-Lloyd and NYK will put a stop to their mid-2011 initiated joint Far East-West Africa Express (WAX), Dynamar reports. The Chinese carrier will henceforth co-operate with PIL in the latter’s SW2 link, while the Germans have opted for slots on Gold Star’s Asia-West Africa service.
Ocean Rig, Eni reach agreement on drillship contract
Ocean Rig UDW Inc. a provider of offshore deepwater drilling rigs, has secured a contract extension for one of its drillships. In detail, the company said that Italy’s Eni has extended the contract for the drillship Ocean Rig Poseidon in Angola for a further one year until the second quarter of 2017
Nigeria’s Seplat confirms Afren move
Nigerian oil and gas company Seplat Petroleum Development Company Plc, or Seplat, has confirmed it has been in talks with Afren over a possible merger agreement. Afren plc, an independent oil and gas exploration and production company operating in Africa and the Middle East, following a sharp spike
VIDEO: DP World 2014 in Review
Global marine terminal operator DP World has announced a video that captures some of the company’s highlights from 2014. “2014 was yet another great year for DP World. We achieved countless ‘wins’ over the course of 2014 and the film is just a snapshot of some of those successes,” they stated. DP Wo
Biggest Fleet Boost for Maersk, MSC and CMA CGM
Container shipping giants Maersk, MSC and CMA CGM have claimed three top spots on the list of companies that had the biggest fleet capacity increase last year. As shown in Alphaliner’s 2014-2015 fleet review, Maersk increased its capacity by 12%, MSC by 7% and CMA CGM by 9%. A.P.Møller-Maersk increa
World Bank: Developing nations to benefit from oil prices slump
Gains from low oil prices can be substantial for developing-country importers if supported by stronger global growth, says a World Bank Group analysis of the oil price decline, contained in the latest edition of Global Economic Prospects. The decline in oil prices reflects a confluence of factors, i
Two Ships Denied Access to Paris MoU Region
Two vessels have been denied access to the region covered by the Paris Memorandum of Understanding (MoU) on Port State Control, M/V Furkan and M/V Salah Aldeen 2. M/V Salah Aldeen 2 was detained in Tarragona, Spain on December 16, 2014. This is the third detention in the Paris MoU region within the
Lomé Port Orders More Konecranes RTGs
Konecranes has won a repeat order from Lomé Container Terminal SA in Lomé, Togo, for 10 RTGs. They will be identical to the 12 already delivered during 2014. Delivery is scheduled for end-2015 and 2016. With this delivery, Lomé Container Terminal will operate 22 Konecranes RTGs. ‘‘This new order of
New Equipment for Lomé Container Terminal
Konecranes has won another order from Lomé Container Terminal SA in Lomé, Togo, this time for 10 RTGs. They will be identical to the 12 already delivered during 2014. Delivery is scheduled for end-2015 and 2016. “This new order of Konecranes RTGs for our Lomé Container Terminal is in line with our P
Dredging and Port Expansion Africa Approaches
Now in its 4th year, Dredging and Port Expansion Africa event, taking place from 27 – 29 January 2015, will be held in Durban, South Africa. “Africa’s leading event will focus on partnerships for new projects, port accessibility and congestion management will provide you with strategies on how to de
IMF: LNG projects among key drivers of Mozambique’s economic growth
IMF urges Mozambique to complete the contract negotiations for the production of liquefied natural gas in order to help the economic growth of the country.
Iranian Navy Fends Off Pirates
Two Iranian Navy vessels managed to repel a group of eight pirate skiffs that were approaching an Iranian product tanker in the Gulf of Aden, Iran’s FARS news agency informed. Having detected the threat the Navy opened fire on the skiffs some 120 km southeast of the city of Al-Mukalla, Yemen, causin