Africa
New Suez Canal: 25 Pct of Digging Work Finished
Egypt’s President Abdel Fattah El Sisi is closely following up the developments related to the New Suez Canal Project, said Head of the Suez Canal Authority Mohab Mamish. The project is moving in line with the scheduled timeline, he added during a celebration organized by the Arab Academy for Scienc
Utilizing the Full Potential of Dredging Works
Marine extraction sites alter the morphology of the seabed and in doing so offer unique opportunities to create a new environment in these locations, stated the article “Utilizing the Full Potential of Dredging Works: Ecologically Enriched Extraction Sites”, published in the September issue of Terra
Otto Energy to sell Galoc for $100M. Focuses on Tanzania
Otto Energy Limited, the Australian exchange-listed oil company, has sold its stake in the Galoc field, in the Philippines, to Risco Energy Investments for $101.4 million.
Container Safety on IMO’s Agenda
Over one hundred issues, including container safety, were considered in the course of plenary sessions and working group meetings at the first session of the IMO Sub-Committee on Carriage of Cargoes and Containers (CCC) held at the Headquarters of the International Maritime Organization (IMO) betwee
Highlights of the Week – Readers’ Choice
Water Enters New Suez Canal Suez Canal Authority Chairman Mohab Mamish announced yesterday that water has entered the New Suez Canal waterway from the northern and southern entrances of the Canal. He added that this is a historical moment for the country. Read More VIDEO: Dredging for Eko Atlantic
Most popular articles of the week, September 15 – 21, 2014
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Malta Denies Entry to Ship amid Ebola Fears
Bulk carrier MV/Western Copenhagen has been denied entry into Maltese territorial waters amid suspicion that one of the crew has been infected by the Ebola virus. The Hong Kong-flagged ship was en route from Guinea to Ukraine. However, as one of the crew, a Filipino national, had taken ill the capta
IMO Secretary-General Rules Out Reappointment
International Maritime Organisation (IMO) Secretary-General Koji Sekimizu has disclosed his decision not to seek reappointment at the fulfilment of the current term at the end of 2015. Secretary-General Sekimizu stated that reasons of personal nature led to the decision not to seek reappointment. “I
Petroceltic, Edison Awarded New Exploration Licence (Egypt)
Petroceltic International’s joint venture comprising Petroceltic and Edison International Spa (Edison) has secured the North Port Fouad Block, in the Egyptian Natural Gas Holding Company 2013 International Bid Round. North Port Fouad (Block 7), is located offshore the Nile Delta and lies to the nort
Battling for Supremacy in Shipping World
As the shipping industry progresses toward bigger and ever more complex ships we are seeing shipbuilding giants battling for supremacy in building a better, bigger and more advanced vessel. The slightest upgrades in size or efficiency can bring in enormous profits or slash operational costs on a glo
Polarcus in 3D seismic survey off West Africa
Marine seismic specialist Polarcus Limited has announced that the company has signed a Letter of Intent (“LOI”) with an undisclosed client for a 3D marine seismic acquisition project offshore West Africa. The project, subject to the execution of a service contract, will start in Q4 2014 and is expec
Polarcus Inks LoI for West Africa 3D Seismic Survey
Polarcus Limited announces that the Company has signed a Letter of Intent (“LOI”) with an undisclosed client for a 3D marine seismic acquisition project offshore West Africa. The project, subject to the execution of a service contract, will commence in Q4 2014 and is expected to run for approximatel