Africa
IMDO: Container Volumes from Asia to Europe Climb
Container volumes from Asia to Europe continued their strong growth in April, with the sub-routes to the Western Mediterranean and North Africa showing the largest volume increases of 6%, the Irish Maritime Development Office (IMDO) said in its Shipping Market Review for the week 24, 2014. The lates
Rystad Energy: Offshore still in the race
Rystad Energy estimates that oil sands and the Arctic continue to be the most expensive resources, with an average breakeven price of 75-80 $/boe.
DNV GL Sheds Light on Marine Personnel Transport Safety
Transferring personnel to offshore installations using crew boats and crane-lifted carriers is a common operation around the world, however, practices, levels of training, standards and the equipment used vary greatly. Risk assessments currently use outdated statistics, and there is no central syste
1.5 Bln Pledged to Protect the Marine Enviroment
A $1.5 billion in pledges to support marine conservation efforts was announced by the US Secretary of State John Kerry on the closing day of the Our Ocean Conference in Washington on June 17th. The international two-day conference, gathering several heads of state, international environmental protec
Algerian VTIMS Gets Core Technologies from KONGSBERG
The Algerian national Vessel Traffic Management and Information System (VTIMS) will facilitate economic growth and the integration of maritime transportation of goods and passengers via Algerian ports. Kongsberg Norcontrol IT has been selected to provide the core maritime surveillance, voice communi
CNOOC to drill in E. Guinea using Atwood Hunter semi
Atwood Oceanics, Inc. has been awarded a drilling services contract by CNOOC Africa Limited for the semi-submersible rig Atwood Hunter. The contract will be performed offshore Equatorial Guinea, specifies a day rate of $337,000 for a minimum term of 90 days and includes an option for one additional
Bourbon Evolution 806 Christened at Dayang Shipyard
Dayang Shipyard held a christening ceremony on June 17th for the newly built GPA696 vessel “Bourbon Evolution 806”. The christening ceremony was attended by His Excellency, Mr. Denis Sassou-N’Guesso, President of the Republic of Congo and Mrs. Antoinette Sassou-N’Guesso, Godmother of the ship. Presi
IHC Merwede Holds Naming Ceremony for Dredger ITALENI
The South African company Transnet National Ports Authority (TNPA) has named its 750m3 grab hopper dredger, ITALENI, during a special ceremony hosted by the shipbuilder IHC Merwede. The ceremony was performed on 18 June by TNPA’s Supply Chain General Manager, Ms Ncumisa Nkanunu, in the shipyard of I
Nigeria approves Oando, ConocoPhillips transaction
Oando Energy Resources Inc., a company focused on oil and gas exploration and production in Nigeria, yesterday announced receipt of the consent of the Honourable Minister of Petroleum Resources of Nigeria for the acquisition of the Nigerian Upstream Oil and Gas Business of ConocoPhillips for a total
ICS: 30 Pct More Efficient Ships to Enter Market by 2030
Shipping is the only industry with a mandatory global regime in place, agreed by the International Maritime Organization (IMO), to reduce its CO2 emissions, Peter Hinchliffe, Secretary General of the International Chamber of Shipping (ICS), said yesterday in his keynote speech at a conference in Liv
Total Hires Ensco DS-8 Drillship in Angola
Ensco plc, a global provider of offshore drilling services to the petroleum industry, has secured a contract for its DS-8 ultra-deepwater drillship. The drillship, based on the GF12000 hull design, has been contracted by Total in Angola. The contract adds approximately $1.2 billion to Ensco’s revenu
Total hires Ensco DS-8 drillship for operations in Angola
Ensco, a UK-based drilling contractor this week announced it has secured a lucrative deal for one of its drillships under construction.