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South Africa

GAC to support Total E&P’s drilling project in S. Africa

  Leading gas & oil company, Total E&P, has appointed GAC South Africa to provide shipping and logistics support for its drilling project off the coast of South Africa, which started in June this year. Total E&P is one of the first companies to drill for oil & gas in the country. GAC South Africa is drawing on the global reach and resources of the GAC Group, and its own local expertise and experience, to provide strategic freight forwarding solutions to safely move the drilling equipment needed for the project by air, sea and road.


Hamburg Süd Launches New International Service

Hamburg Süd will offer a new service from South Africa to Argentina and Brazil (SABR Service) in cooperation with Nile Dutch. The new fixed-day fortnightly service will provide shippers with a regular and reliable westbound link from South Africa to South America with connections to Europe and North America. The new service rotation will be: Durban – Port Elizabeth – Buenos Aires – Rio Grande – Itajai – Santos – Rio de Janeiro.


South Africa Wants to Resume Iran Oil Imports

South Africa wants to resume oil imports from Iran, once its biggest supplier, and hopes to resolve "sanction issues" that have blocked purchases within the next three months, its deputy foreign minister said on Tuesday. South Africa bought around 68,000 barrels of oil per day (bpd) from Iran in May 2012, a month before it halted crude purchases as Western countries pressured Tehran over its nuclear programme. That was well down from peak purchases in 2011.


CMA CGM Reshuffles ASIA-South Africa and Mozambique Services

CMA CGM announced the reshuffling of its services on the ASIA-South Africa and Mozambique trades in partnership with Maersk Line (ML). Beginning April 24, the new CMA CGM ASIA-SOUTH AFRICA service network will be covered by the following loop: •    New SHAKA2: A service jointly operated by CMA CGM and Maersk Line with 8 vessels of 6,500Teus. The rotation includes: Shanghai, Ningbo, Fuzhou, Yantian, Tanjung Pelepas, Port Louis, Durban, Port Elizabeth, Ngqura, Port Louis


IBIA, SAMSA to Bring Offshore Bunkering to South Africa

The International Bunker Industry Association (IBIA) has announced that it will be working with the South African Maritime Safety Authority (SAMSA) to develop a Bunkering code of practice for the supply of fuel from offshore barges. Offshore bunkering is currently banned in South Africa, but SAMSA is taking steps to open the market to offshore providers. SAMSA has granted provisional permission to Aegean Marine Petroleum Network Inc to deliver intermediate fuel oil (IFO) in Algoa Bay OPL


OW BUNKER APPOINTS NEW REGIONAL MANAGER

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Jesper Jervild promoted to Regional Manager, Middle East and South Africa   OW Bunker, one of the world’s leading suppliers and traders of marine fuel, today announced that Jesper Jervild has been appointed to the position of Regional Manager for the Middle East and South Africa.  In his new role, Jervild is based in Dubai and is responsible for all of OW Bunker’s activities in this region. Jesper Jervild has been promoted from the position of Branch Manager of OW


Wholesale Port Sell-Off Not An Option

South Africa said it would not go for the wholesale sell-off of ports as they were regarded as strategic assets. Public Enterprises Minister Jeff Radebe said that the government had developed a ports policy to be released early next year. "Government does not envisage a wholesale privatization of ports. Instead, private operators will have a role in South African parts by way of concessions and public-private partnerships," said Radebe.


Cadets Sail on 'Coldest Journey'

SA Agulhas: Photo credit SANAP

'SA Agulhas', a pioneering South African seafarer training ship with 62 cadets on board supports an Antarctic winter crossing expedition. The converted 6,132gt polar research and supply vessel, SA Agulhas has left Capetown, South Africa for the final leg of the ‘Coldest Journey’ expedition to the ice. It also spearheads an ambitious plan to boost South Africa’s maritime sector. The ship visited London in December 2012


Dormac's Deal Revives South African Shipbuilding

There was excitement at Dormac recently when the keel-laying ceremony for a new $8.2m oil bunker barge commissioned by Smit Amandla Marine signaled the revival of the shipbuilding industry in South Africa. Dormac's empowerment partner, Palisa Investments, owns 25.5 percent in the company, according to a report on www.busrep.co.za. Pim Zandee, the former chief executive of Smit Amandla, said the specialist marine services company, which is the biggest oil bunker supplier in the Durban harbor


Deal Revives SA Shipbuilding

According to reports, there was a buzz of excitement at Dormac on Friday when the keel-laying ceremony for a oil bunker barge commissioned by Smit Amandla Marine signalled the revival of the shipbuilding industry in South Africa. Dormac's empowerment partner, Palisa Investments, owns 25.5 percent in the company, which procures almost 100 percent of its goods and services from black economic empowerment companies. Pim Zandee, the former chief executive of Smit Amandla


Floating Storage at Sea Stalls Despite Falling Oil Prices

Falling oil prices still to attract large scale storage at sea Oil tanker rates gaining ground after years in doldrums Despite falling oil prices, traders in recent weeks have booked just a few tankers to store cargoes at sea as higher freight costs outweigh any profit play for now


Sierra Leone to Invest Heavily in Power

Power generation

  Sierra Leone is aiming to increase its power capacity tenfold by 2017, a plan the energy minister said should be driven by foreign investors despite the outbreak of Ebola and a history of bureaucratic difficulties. Sierra Leone has recorded strong economic growth rates in recent years


Easter Pacific Vessel Touches Bottom in Durban

MT Pacific Quartz

Eastern Pacific Shipping reports that an incident involving its managed vessel m.t. Pacific Quartz took place off Durban in South Africa Friday morning.   While proceeding into the port, with a port pilot on board, the vessel touched bottom in way of No. 6 starboard water ballast tank


MOL Restructures Asia to S. Africa Service

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Mitsui O.S.K. Lines, Ltd. (MOL) announced the restructuring of its existing Asia to South Africa liner services into two direct loops. One service will call South China, while the other loop will directly connect Central China. The newly restructured loops will further strengthen MOL’s


Evergreen Expands Asia-South Africa Network

To offer a more comprehensive service on the Asia-South Africa trade, Evergreen Line will adjust its existing joint service with COSCO as well as contribute vessels to the service currently operated by K Line, MOL and PIL. Both moves will take effect in October.


BHP Considers London Listing for Demerged Company

Global miner BHP Billiton is considering listing a planned spin-off company in London as well as in Sidney and Johannesburg, the company said in a letter to shareholders. BHP announced in August it would spin off some base metals and coal assets worth an estimated $16 billion and said at the


Nigerian Minister Pledges $1.3 bln for Power Companies

President Goodluck Ebele Azikiwe Jonathan of Nigeria

   Nigeria's oil minister announced a 213 billion naira (1.3 billion US dollar) bail-out package for power companies on Saturday, nearly a year after the sector was privatised. Despite holding the world's ninth largest gas reserves


Brent Crude Hits 16-month Low Under US$99

HFO: File image

Brent crude dropped to a 16-month low under $99 per barrel on Wednesday, stretching its losses into a fifth session amid continued worries about rising supplies and weak global demand. While a larger-than-expected fall in weekly U.S. crude stocks kept a floor under oil prices


Ukraine Buying 1 mln Tonnes South African Coal

Ukraine will buy one million tonnes of coal from South Africa because the military conflict in its Donbass region has disrupted domestic coal production, Prime Minister Arseny Yatseniuk said on Wednesday. Pro-Russian separatists are battling Kiev's forces in eastern Ukraine


Fogal Retires from Zentech After 57 Years in O&G

Bob Fogal, left, accepting congratulations from Ramesh Maini

Robert “Bob” “Sonny” Fogal, Jr., one of the icons in the offshore oil and gas industry, has decided to retire from front-line work as Zentech’s Director of Business Development.  Zentech’s President Ramesh Maini noted on August 28


COSCO Resorts to Rate Restoration for F. East to S Africa Trade

COSCO

  COSCO Container Lines would like to announce Rate Restoration for all shipments (include reefer cargo) from Far East to South Africa Trade and take effect from September 1, 2014. The detail of the RR will be USD150 per TEU Far East include: China Mainland, China Hong Kong


Transnet National Ports Authority Orders 9 Voith Water Tractors

Voith Water Tractor tugs are in operation worldwide

  In South Africa’s largest local shipbuilding contract Transnet National Ports Authority has ordered nine new Voith Water Tractors (VWT) for use in several ports across the country. This is also the largest order in the history of Voith marine technology.


South African Measures to Counter Spread of Ebola

Ebola-epidemic

  South Africa's Department of Health has published a Cabinet decision with regards to measures to counter and control the potential spread of Ebola from West African countries where outbreaks have been reported. Cases of the disease have been reported in Guinea, Sierra Leone


Voith Bags Largest Marine Order to Date

Photo: Voith

Voith wins record contract for Voith Schneider Propellers In South Africa’s largest local shipbuilding contract Transnet National Ports Authority has ordered nine new Voith Water Tractors (VWT) for use in several ports across the country


Traders Store Crude for Profit as Contango Takes Hold

Oil traders have begun fixing tankers to take North Sea, West African and Arab crudes to South Africa for storage, hoping for a repeat of the multimillion dollar bonanza they reaped in 2008-2009. Shipping fixtures show that in late July and August, BP , Mercuria






 
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