Africa
Fugro Studies AAE-1 Subsea Cable Route
Fugro has started a cable route survey for AAE-1, one of the largest submarine cable systems to be constructed in the last decade. Fugro is providing offshore geophysical and geotechnical operations, charting and reporting to support the design and installation of the telecommunications cable. The w
Cap Energy plans 3D survey off Guinea-Bissau
Cap Energy has informed that it is working to progress its interests offshore Guinea-Bissau, West Africa, by conducting a 3D survey scheduled for November, 2014. Sitting in the same basin as the Company’s Senegal assets, the prospective leads are distributed across a carbonate shelf that passes abru
Cap to Start Guinea-Bissau Seismic in November
Cap Energy is working to progress its interests in Guinea-Bissau. Sitting in the same basin as the Senegal assets, the prospective leads are distributed across a carbonate shelf that passes abruptly to deeper water to the west. As the deepwater geology of Cap’s Block 5B (BECUDA) is analogous to that
Paradoxes of Somali Piracy
Somali pirates take a very business-like approach to their craft, according to a study on piracy published by research portal for maritime security Piracy-Studies.org. “We attack big ships that can pay us. However, after capturing several ships we have learned about what type of ships to target and
Picture of the day: SGMF launch
The Society for Gas as a Marine Fuel (SGMF) was formally launched by Minister LuiTuck Yew on 15th October in conjunction with the Singapore International Bunkering Conference and Exhibition. According to SGMF’s website, its main goal is to promote safety and industry best practice in the use of liqu
Eco Atlantic Obtains ‘Sharon’ Data (Namibia)
Eco Atlantic has acquired two previously shot 2D seismic surveys totaling 2,922 line km on its Sharon Block 2213 A&B, Walvis Basin, offshore Namibia, of which the Company is Operator. These Surveys provide extensive coverage in one of the Company’s focus areas. Eco Atlantic is also the Operator of i
Eco Atlantic gets seismic data on Sharon block off Namibia
Eco (Atlantic) Oil & Gas Ltd. has acquired two previously shot 2D seismic surveys totaling 2,922 line km on its Sharon Block 2213 A&B, Walvis Basin, offshore Namibia. The company is the operator of the block. These Surveys provide extensive coverage in one of the company’s focus areas. Eco Atlantic
Drewry: Carriers Urged for Transparency on Low-Sulphur Surcharges
Carriers will need to provide transparent cost calculations to exporters and importers to justify the cost surcharges which they have announced from January 2015, according to Drewry Shipping Consultants. Carriers do face additional costs to meet the tighter pollution rules Drewry says, but may have
New Investments Boost DP World’s Volumes
DP World Limited handled 44.8 million TEUs (twenty-foot equivalent units) across its global portfolio of container terminals during the first nine months of 2014, with gross container volumes growing by 9.0%. On a reported basis gross container volumes grew by 10.1% with new volume at London Gateway
North P&I Club: Charterparties Should Include Ebola-Specific Clauses
The 180 million GT North P&I Club is advising shipowner members to incorporate Ebola-specific clauses in their charterparties. “Shipowners entering into a new charterparty which will require their ship to call at Ebola-affect ports should incorporate ebola-specific clauses that apportion risk betwee
CIPS appoints Nigeria LNG’s CEO as Global President
The Chartered Institute of Procurement & Supply (CIPS) has appointed Nigeria LNG’s Managing Director and CEO Babs Omotowa as its Global President for 2014/2015. “I am honoured by this global appointment. It speaks volumes about our four core values at NLNG – integrity, teamwork, excellence and carin
Hanjin Joins South Africa Services
Hanjin Shipping is expanding its service network in South Africa by participating in the existing SF1 (South Africa Express 1 Central) and SF2 (South Africa Express 2 South) services, currently operated by a line of shipping carriers – including Evergreen Line,COSCO, Pacific International Lines, “K”