Africa
Cargo Cruises aboard Giants of the Seas
CMA CGM Group is now offering genuine cruises aboard its biggest vessels, the new 16,020 TEUs container ships, such as the Marco Polo or the Alexander von Humboldt. These giants of the seas (365 meters long, which is equivalent to more than 4 soccer fields), are among the largest vessels of their
Farstad secures multiple charter deals
Norway’s Farstad Shipping ASA has secured multiple charter contracts worth approximately NOK 1.75 billion. Farstad Shipping ASA has been awarded the following charter contracts: Inpex has awarded contracts to AHTS Far Sword (2006, UT 712 L, 14.700 BHP) and AHTS Far Stream (2006, UT 712 L, 14.700 BHP
Nordbank’s Survey Projects Good Shipping Tides
German lender HSH Nordbank has carried out a survey titled “Shipping companies 2014 – Fit for the future?” which shows that the confidence among shipping companies in the industry continues to grow in 2014, as a clear majority of companies expect increased turnover and more than 40 per cent expect h
Conbit replaces flare tip on OFON2 off Nigeria
At the end of June 2014, one of Conbit’s specialist lifting crews replaced the flare tip on the OFON2 complex, offshore Nigeria. A team of 5 people completed the job within a limited shutdown period. The OFON field is located in block OML 102, approximately 45 km off the southeast coast of Nigeria a
N-KOM gets two contracts from GDI
Gulf Drilling International Limited (GDI), a subsidiary of Gulf International Services (GIS), an oilfield service company in Qatar, has awarded two contracts worth $110 million to Nakilat-Keppel Offshore & Marine (N-KOM), a joint venture shipyard between Nakilat and Singapore’s Keppel Offshore & Mar
Additional Container Weighing Legislation Adds to the Burden
Additional legislation will not have any significant effect on container safety in transport overseas, the European Shippers’ Council (ESC) said with respect to the issue of the proposed weighing of containers. The proposition comes as ever growing number of shipping accidents are caused by overwe
Demand for Ultra-Large Vessels Changes Course
Demand for newbuild containerships has dwindled during the month of June, as European traffic demand began to increase, heralding a changing course in the industry. The slowdown in growth of the orderbook, particularly amongst ultra-large vessels, marks a positive sign that improving demand could
Pancontinental: Early Mapping Identifies Major Prospects in EL 0037, Off Namibia
Pancontinental Oil and Gas NL advises that the 3D and 2D seismic surveys carried out earlier in 2014 in EL 0037 offshore Namibia are starting to yield very encouraging results. Initial mapping has confirmed at least four main prospects in the 3D area – the Albatross, Gannett, Petrel and Seagull Pros
Offshore Namibia seismic results encouraging, Pancontinental says
Pancontinental Oil and Gas NL has advised that the 3D and 2D seismic surveys carried out earlier in 2014 in EL 0037 offshore Namibia are starting to yield very encouraging results. Initial Assessment of Seismic Data Initial mapping has confirmed at least four main prospects in the 3D area – the Alba
West Africa Exploration Opportunities Motivate COPL
Canadian Overseas Petroleum Limited, the offshore West Africa focused oil exploration and development company, provides corporate and operational update. Highlights As part of COPL’s strategy in West Africa the company is providing an update on some of its activities as it expands its regional footp
Port of Damietta Attracts More Container Ships
Egypt’s Damietta Port has achieved an increase of up to 41% in the number of container ships received during the month of June this year compared to last year’s figures for the same month. The monthly statement issued by the Central Administration of the Traffic indicated that the Damietta Port rece
Many Govts Still Not Ready for PSC Inspections ahead of Sulphur Switch
The International Chamber of Shipping (ICS) is encouraging the Paris Memorandum of Understanding on Port State Control to ensure that a harmonised approach to PSC inspections has been developed in advance of the 1 January 2015 deadline with respect to the implementation of the 0.1% Sulphur Emission