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Schlumberger Launches First Photorealistic Reservoir Geology Service
Schlumberger today launched the Quanta Geo* photorealistic reservoir geology service at the Offshore Northern Seas Annual Conference and Exhibition. The new serviceā¦
South African Measures to Counter Spread of Ebola
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 Africanā¦
SMM Finance Forum: āBanks are Lending Againā
For Dr. Carsten Wiebers, Global Head of Maritime Industries at KfW IPEX-Bank, and member of the SMM Advisory Board, innovative financing solutions are key to Europe's continued international competitiveness in maritime high technology. On September 8, 2014, or SMM Finance Day, the SMM Ship Finance Forum will be held for the second time in conjunction with international maritime trade fair SMM. The forumā¦
Voith Bags Largest Marine Order to Date
In South Africaās largest local shipbuilding contract Transnet National Ports Authority has ordered nine new Voith Water Tractors (VWT) for use in several ports across the country, marking the largest order in the history of Voith marine technology. The VWT will be built by South African Shipyards in Durban over the next 42 months. Eight of the tugs will be identical in construction with a length of 31 meters and a beam of 12.5 meters.
Six More Migrants Dead, says Italy
At least 25 migrants die during weekend Mediterranean crossings; Italy says has rescued almost 4,000 in last 48 hours. Italy's search and rescue services have foundā¦
Parsons Wins Dubai Water Canal Project
Engineering, construction, technical, and professional services provider, Parsons, says it has been awarded a contract by the Roads and Transport Authority (RTA)ā¦
Libyan Boat Sinks: Perhaps Plus 250 Lost
More than 250 migrants may have died when a boat sank a kilometre (half a mile) off the Libyan coast, a coastguard official said on Sunday. "We believe there areā¦
W.Africa Crude Slow to Trade; Nigerian Glut Fading
Angolan cargoes for October loading are so far finding buyers slowly, traders said on Friday, while there were further signs that an overhang of September-loading Nigerian cargoes is being absorbed.
Mozambique: $30b Invested for 2018 LNG Export
More than $30 billion will be invested initially in Mozambique's natural gas sector to build capacity to produce 20 million tonnes per year of liquefied natural gas (LNG)ā¦
Port Réunion to Become Strategic Maritime Hub
The CMA CGM Group announced Rodolphe Saadé, Vice-Chairman, was with President Hollande to Reunion Island to lay the cornerstone for the future Port of Reunion Island.
Standard Chartered Private Equity invests $ 75 mi in Topaz
Topaz Energy and Marine (āTopazā), a leading offshore support vessel company with primary operations in the Caspian, Middle East, West Africa and Subsea operations in the North Sea and Gulf of Mexicoā¦
RN Diving Expert Chris Baldwin Joins IMCA
The International Marine Contractors Association (IMCA) Secretariat says that Chris Baldwin has joined its team as a Technical Adviser following a short secondment from the Royal Navy.
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.
Topaz Secures $75m Investment from SCPE
Topaz Energy and Marine, an offshore support vessel company with primary operations in the Caspian, Middle East, West Africa and Subsea operations in the North Sea and Gulf of Mexico, has announced a $75 million new equity investment in the business from Standard Chartered Private Equity (SCPE), one of the worldās leading emerging market private equity investors. Under the terms of the investment, SCPE will inject $75 million of equity in return for a 9.8% stake in the business.
Ebola Outbreak Delays Mercy Ships Sail to Africa
Collateral hardship from the Ebola epidemic now includes a delay for Mercy Ships, which operates the worldās largest civilian hospital ship in ports on the West Coast of Africa. Already with one canceled deployment to Guinea, where Ebola first broke out last December, the Mercy Ship now waits in the water with crew and staff, pending an end-of-August decision on field service in Benin. The Mercy Ship was due to sail for the port of Cotonouā¦
Port of Hamburg Continues Cargo Records, Adds Jobs
The Port of Hamburg continues record performance handling a total of 72.6 million tons (+ 6.6 percent) in the first six months of 2014. Hamburgās universal port with 50.7 million tons of predominantly container handling achieves a result of 4.8 million TEU (20-ft standard containers), an increase of 6.8 percent. The largest seaports on the north European continent show an average growth in total handling of 1.8 percent and in container handling of 2.6 percent.
Two Boat Migrants Die, 1,500 Saved Off Italy
Two boat migrants died among almost 1,500 rescued by Italy in the last 24 hours, authorities said on Friday as the total number reaching Italian shores this year passed 100,000.
DNV GL Revisits Offshore Oil & Gas Risks
In the first issue its 'Perspectives' online magazine DNV GLās Graham Bennett points out that the Macondo incident has cast a spotlight on well control standardsā¦
MAN Extends Helping Hand to Mercy Ships
MAN Diesel & Turbo says it has donated the equivalent of $115,000 dollars in service, spare parts and training to keep the engines of the hospital ship 'Africa Mercy'ā¦
BIMCO: Reforms Necessary to Improve Economy
The International Monetary Fund (IMF) has downgraded its global growth projection from 3.7% in April to 3.4% in July. The adjustment is primarily due to the large negative result in the U.S. in the first quarter of the year. The IMF stressed that this is now behind us ā and it therefore sticks to its 2015 projection with an unchanged growth level of 4.0%. Moreover, the outlook for the various emerging markets includingā¦
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
