MarineLink News Search
Search term • Africa
Create an email alert for Africa
SS&Y Capesize Indices Both Rise
Shipbrokers Simpson, Spence and Young's Pacific Capesize Index rose 76 points in the week ending Monday to 5,060. "The index rose back above the psychological 5…
Global Marine beats estimates with flat Q2 earns
Offshore oil and gas driller Global Marine Inc. said 2Q earnings were flat versus a year ago but surpassed Wall Street expectations as oil companies gradually regained…
ExxonMobil Consolidates In Scandinavia
ExxonMobil Marine Fuels has consolidated its Scandinavian sales and marketing operations in its new European and world headquarters in Leatherhead, U.K. Helen Flattum…
Tanker Rates Continue To Soar
Modern vessel shortages in the North Sea are pushing Aframax and Suezmax tanker rates to year high levels. Rates for Aframax 80,000 ton vessels have repeated the…
Is The Tanker Top Near?
Oil tanker markets are again knocking at price barriers with year-highs expected to tumble as demand exceeds supply of modern ships, brokers were reporting. Shortages…
Astano's 'Discovery' Series Uncovers Unlimited Potential
The last in a series of innovative, next-generation technology drillships left the building ways of Astilleros Españoles' Astano yard recently, heading for a neighboring…
Crewboats More Size, Weight And Power
In recent years the demand for large crew boats has continued to grow in the U.S. Gulf of Mexico and has increased in some foreign markets, such as West Africa and Mexico.
GOM: Number Of Floating Production Systems Projected To Rise
The Gulf of Mexico offshore market is quickly shaping up to be the driving maritime force of 2001 and beyond. While the market today is, and will always be, largely…
Global Marine Beats Estimates
Offshore oil and gas driller Global Marine Inc.'s second-quarter earnings were flat versus a year ago but surpassed Wall Street expectations as oil companies gradually…
Trico Marine Rated As Strong Buy
Deutsche Banc Alex.Brown said on Thursday that it had started coverage of Trico Marine Services Inc., an energy services provider, with a strong buy rating and a $20-a-share price target.
U.S. Warships Avoiding Suez Canal After Cole Blast
U.S. military vessels have not been using the Suez Canal since the alleged suicide attack on the USS Cole on Oct. 12, but U.S. and Egyptian officials are working…
Report: Deepwater Development Will Outpace Equipment Supply
The booming global deepwater oil industry is on course to outpace supply of offshore development hardware in the next two years, according to an analysts' report.
Europe to Africa Route On Table
Hydro Air, a South African company, is mulling the possibility of launching a sea-air service between Europe and Africa in the longer term. Hydro Air, will launch…
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…
Cammell Laird Secures Upgrading And Drydocking Of RFA Argus
Cammell Laird has been awarded a multi-million dollar contract to drydock and upgrade the RFA helicopter support ship Argus. This award follows the successful refit…
N. Sea Tanker Rates Slide
North Sea tanker trades have slid nearly 40 points to around W190 because last week's spree of fixing VLCCs transatlantic has left the North Sea virtually empty of oil, Reuters reported.
Deepwater Prospects Ripe
It appears that the long-held promise of deepwater offshore discovery and recovery is well-positioned to pay off, particularly in the face of $30+ barrels of oil.
Tanker Market Remains High In Atlantic Basin
Tanker action was again focused in the Atlantic Basin this week, and though VLCCs edged in on the West African market, million-barrel tankers shrugged off the competition.
GLM's Industry SCORE Continues to Improve
Global Marine’s worldwide SCORE, or Summary of Current Offshore Rig Economics, for September 2000 increased 1.8 percent over the previous month. Global Marine Chairman…
Litton Ingalls To Repair USS Cole
The USS Cole, battered by an apparent suicide bombing in Yemen, will arrive in Mississippi next week for extensive repairs, a top U.S. Navy source said on Tuesday.
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
