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Cairn's JV Discovers Oil Offshore Senegal
Cairn together with its joint venture partners have announced that the FAN-1 exploration well, offshore Senegal, has discovered oil. The well, located in 1,427 metresā¦
Seaway System Tonnage Continues Upswing
The St. Lawrence Seaway reported that year-to-date cargo shipments of more than 24 million metric tons moved through the system for the period March 28 to September 30 ā an increase of nearly 5 percent over September 2013. U.S. grain continued its upward trend posting a 14.6 percent increase over the same time last year. āCargo tonnage moved through the Great Lakes-St. Lawrence Seaway System duringā¦
Easter Pacific Vessel Touches Bottom in Durban
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 portā¦
Kosmos to Buy into Senegal Offshore Blocks for $400 mln
Kosmos Energy is set to sign a $400 million "farm-in" agreement with Senegal's state-owned hydrocarbon firm Petrosen and Timis Corp to take a 60 percent stake in the Cayar and St.
Vard to Build OSV for Island Offshore
Global designer and shipbuilder of offshore and specialized vessels, Vard Holdings Limited, announced it has secured a new contract with Island Offshore for theā¦
Kenyan Protesters Block Mobassa Port Highway
Protesters in Kenya blocked truckers on the only highway from Mombasa port to the capital Nairobi on Friday, threatening to choke the main trade artery with much of east Africa.
BHP Supports Ebola Response Efforts
In response to the widespread devastation caused by the Ebola outbreak in West Africa, BHP Billiton Sustainable Communities has donated US$400,000 to the Pooledā¦
Subsea 7 S.A. Awarded Contract in the Ivory Coast
Subsea 7 S.A. has been awarded a contract in the Ivory Coast by CNR International (Côte dāIvoire) SARL (CNR International) in support of its Baobab Field Phase III development.
Gulf of Guinea Antipiracy Guidelines Updated
The Round Table of international shipping industry associations has released an updated version of āGuidelines for Owners, Operators and Masters for Protection Againstā¦
DP World Mulls Senegal Free Zone
DP World is looking to develop a free zone in Senegal, Chairman Sultan Ahmed bin Sulayem said on Wednesday. Sulayem was speaking at an African investment event in Dubai.
MOL Restructures Asia to S. Africa Service
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 MOLās service network from Asia to South Africa, while continuing to meet increasingly diverse commercial requirements, the company said.
DMR Examines Container Terminal Congestion Issues
Container port congestion has been hitting the headlines recently, but the reasons for it vary widely and in many cases it is only a short term issue. Certain worldā¦
EMAS Offshore Launches Singapore Listing
EMAS Offshore boosts profile amongst international investment community by providing Asian platform for growth; Singapore public offer opens at 6.00 p.m. today and closes at 12.00 noon on 2 Oct 2014. EMAS Offshore Limited (āEMAS Offshoreā, or the āGroupā), formerly known as EOC Limited (āEOCā), is pleased to announce the launch of its public offering of shares following the registration of its prospectus (the āProspectusā) with the Monetary Authority of Singapore (āMASā)ā¦
Waterjets Manufacturing Comes Stateside
Thrustmasterās deal with DOEN brings waterjet manufacturing to the United States. Marine propulsion and thruster manufacturer Thrustmaster of Texas, Inc. announced a deal earlier this year to acquire the technology of DOEN, an Australian designer and manufacturer of waterjet propulsion systems. The deal is significant in that it makes Thrustmaster the only producer of commercial waterjets in the United Statesā¦
Aker Solutions Starts Trading After Company Split
Aker Solutions today started trading on the Oslo stock exchange as a leaner and more streamlined company that will build on its strengths in the subsea and field design markets.
San Leon Finds Oil in Poland Well
San Leon Energy, the AIM listed company focused on oil and gas exploration in Europe and North Africa, announces that it is spudding the Kety exploration well todayā¦
What's New in Floating Production?
Today there are 324 oil/gas floating production units are now in service, on order or available for reuse on another field. FPSOs account for 64% of the existing systems, 79% of systems on order. Production semis, barges, spars and TLPs comprise the balance. The oil/gas production floater inventory has increased by four units since last month. Three FPSOs were ordered in August. We also reinstated a partially completed production semiā¦
NSSLGlobal Adds New Satellite Beams
The additional beams will improve NSSLGlobalās coverage of Europe and the Far East. NSSLGlobal, an independent service provider of satellite communications, has added two new satellite beams to improve the quality and geographical reach of its global VSAT network. The additional beams will provide customers in the Nordics, Europe, North Africa, the Middle East and Far East with better coverage at sea and on land.
US Demand Gives European Refiners Rare Boost
Big slate of refinery maintenance in U.S., Canada; export rush bucks long-term trend. A late-year rush for gasoline in the United States is creating unexpected demandā¦
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 vesselsā¦
Maritime Piracy
Houthi Rockets Wreak Havoc on Middle East Container Shipping
Narco-Submarines: The Hidden Depths of Drug Trafficking
Drug Smuggling on Ships and Submarines: An Escalating Threat
Maersk revises profit forecast upwards due to robust demand and disruptions in the Red Sea.
Global Shipping Carriers Are Feeling the Impact of the War in Ukraine and the Middle East
Maritime Piracy in the Horn of Africa:
Houthis Declare All-Out War on Israeli Shipping, Vowing to Strike Beyond Red Sea
Injustice at Sea: Greek Court Drops Charges in Deadly Migrant Shipwreck
