MarineLink News Search

Search term • Africa

A Nigerian dockers' union said on Thursday it had ordered a strike at Lagos' Apapa port after three men died, bringing the port to a standstill when it is struggling…

19 Jun 2001

Greasing the Skids

Record gas prices, OPEC solidarity and a U.S. administration doling out incentives for exploration and production all add up to good news for those companies conducting…

05 Jun 2001

Mersey Docks & Harbor Not Intimidated by Recession

The slowdown in the U.S. economy may be weighing on British industrial production, but ports operator Mersey Docks & Harbor Company expects to avoid the dark clouds of recession.

20 Jun 2001

Current Onshore Rig Boom Could Be Halted By Next Year

The boom in U.S. onshore oil and natural gas drilling has yet to peak, bolstering forecasts of continued strong demand for rigs, analysts and executives said this week.

27 Jun 2001

Coflexip Stena Offshore Makes Management Changes

Pierre Marie Valentin, Chairman and Chief Executive Officer of Coflexip announced that the management structure of the CSO Group has been changed to reinforce its…

02 Jul 2001

PSA Marine Completes $112M Acquisition

PSA Marine completed the acquisition of the marine business of Sembcorp Logistics Ltd. for $112.97 million. "The strategic acquisition complements PSA Marine's core…

06 Jul 2001

Thyssen Krupp To Sell Shipping Unit

German steel group Thyssen Krupp said on Friday it had agreed to sell its shipping unit Krupp Seeschiffahrt to Los Angeles-based General Ore International. "This…

19 Jul 2001

OTAL expands into China

Strengthening its position as a leading player in West African shipping and logistics, OT Africa Line (OTAL) has expanded its agency network in China. United Transportation Limited (UTL)…

20 Jun 2001

Iraqi Standoff Blamed For Low Mideast Gulf - U.S. VLCC Freight Rates

Freight for Very Large Crude Carriers (VLCCs) from the Mideast Gulf to the United States has fallen to below $1 per barrel for the first time in over two years.

10 Aug 2001

Spot Rates Rise

(trading AG-Japan) went up to USD 21,624 per day for a modern vessel; this is up 12.7% from the average of June 2001. modern Suezmax trading West Africa to US went up to USD 30…

16 Aug 2001

Made for End to Exploitation of Workers in Nairobi

The Center for Seafarers Rights (CSR) of the Seamen's Church Institute of New York & New Jersey has raised fears over the ongoing recruitment of Kenyans to work in cruise vessels abroad.

16 Aug 2001

Tanker Owners Fight Back

Tanker owners, who have been retreating on freight rates for crude cargoes for several weeks, have started to fight back in recent days, especially for prompt loading dates, brokers said on Thursday.

15 Aug 2001

Svenska Orient Line Announces Good Results

Increased international trade and higher demands on more efficient transportation are two factors that benefit shipping and a niche-oriented shipping company such as Swedish Orient Line (SOL).

09 Jul 2001

Owners...Start Counting the Cash

The much anticipated turnaround in the Gulf of Mexico Oil Patch is happening, and the companies that supply boats and services in the area are feeling the impact.

04 Sep 2001

Super Barge Touted For Strengths, Depths

Employed in the oil and gas industry for 60 years, simple and sturdy swamp and posted drilling barges have been a preferred method to drill in shallow water. This…

18 Sep 2001

Willbros Purchases Barge for West African Marine Work

Willbros Group Inc. subsidiary, Willbros West Africa Inc., has added to its available offshore fleet with the completion of the purchase and refitting of the WB 82.

04 Aug 1999

Mobil Offers Bunker Facilities In Djibouti

Ship operators trading to the Red Sea now have a secure bunker port offering both heavy fuel and high quality diesel oil. Mobil International Marine Fuels can now…

29 Aug 2001

Petrobras Eyes GOM Market For Expansion

Petrobras plans to invest $5.2 billion in foreign acquisitions, mainly in the Gulf of Mexico, to meet a 2005 foreign output target of 300,000 barrels per day (bpd), Reuters reported.

18 Sep 2001

GOM Softness Drives GLM Score Down

Global Marine reported that the company's worldwide SCORE, or Summary of Current Offshore Rig Economics, for August 2001 decreased by 3.2 percent from the previous month's SCORE.

07 Sep 2001

Stolt Offshore Records High Lay Rate in GOM

Crediting the project team, crew dedication and new pipelay technology for the Gulf of Mexico, Stolt Offshore project manager William Dick announced a high lay-rate…

1 ...
250
251
252
253
254
255
256
257
258
259
260

Maritime Piracy

Posted to Maritime Reporter on November 20, 2023

The maritime piracy menace is an old one, but it continues to be a significant threat to the global trade and security of the seas. Piracy is a major challenge today, despite concerted efforts by international organizations to combat this illegal activity. New developments and persistent threats are shaping the current landscape.

Houthi Rockets Wreak Havoc on Middle East Container Shipping

Posted to Maritime Reporter TV ( by Greg Trauthwein ) on January 17, 2024

As the Houthis recklessly launch drone and missile attacks on commercial ships in the Red Sea, carriers and shippers will pay as some marine traffic reroutes around South Africa. Peter Sand, Chief Analyst, Xeneta, discusses with Maritime Reporter TV the cost of the crisis as well as shipping strategies to consider now.

Narco-Submarines: The Hidden Depths of Drug Trafficking

Posted to Maritime Reporter on July 29, 2024

Narco-submarines, the clandestine vessels used by drug traffickers, represent one of the most sophisticated and elusive methods of smuggling drugs across international waters. These semi-submersible and fully submersible crafts are a testament to the ingenuity and resourcefulness of criminal organizations in circumventing law enforcement efforts. This article delves into the history, construction, operation, and interdiction of narco-submarines, highlighting their impact on global drug trafficking.

Drug Smuggling on Ships and Submarines: An Escalating Threat

Posted to Maritime Reporter on July 29, 2024

Drug smuggling has long been a lucrative enterprise for criminal organizations worldwide. With the increasing sophistication of law enforcement agencies and border controls, smugglers are continuously adapting their methods. One of the most challenging trends to combat is the use of ships and submarines to transport illicit drugs across international waters. This article explores the methods, routes, and challenges associated with maritime drug smuggling.

Maersk revises profit forecast upwards due to robust demand and disruptions in the Red Sea.

Posted to Maritime Reporter on May 3, 2024

Shipping group Maersk raised its full-year earnings guidance after reporting first-quarter incomes on Thursday, citing strong demand and higher freight rates as ships cruise for longer to avoid dispute in the Red Sea.The business, viewed as a barometer of world trade…

Global Shipping Carriers Are Feeling the Impact of the War in Ukraine and the Middle East

Posted to Maritime Reporter on March 5, 2024

War tensions in both Ukraine and the Middle East have had an increasingly disruptive effect on the global shipping market. As the ongoing conflicts in these regions continue, the impact has had a butterfly effect on maritime trade, shipping routes…

Maritime Piracy in the Horn of Africa:

Posted to Maritime Reporter on July 26, 2024

The Horn of Africa, strategically positioned at the nexus of global trade routes, has long faced the specter of maritime piracy. The waters off Somalia, in particular, have been notorious for piracy incidents that have disrupted international shipping, imperiled seafarers, and prompted multinational military responses. This region's unique combination of socio-economic, political, and geographic factors has engendered a breeding ground for modern piracy, posing complex challenges for the international community

Houthis Declare All-Out War on Israeli Shipping, Vowing to Strike Beyond Red Sea

Posted to Maritime Reporter ( by Maritime Reporter & Engineering News / Reuters ) on May 21, 2024

In a chilling televised address, Abdulmalik al-Houthi, the leader of Yemen's Iran-backed Houthi rebels, has issued a dire warning to the world: all vessels bound for Israeli ports, regardless of their location, will now be considered legitimate targets.

Injustice at Sea: Greek Court Drops Charges in Deadly Migrant Shipwreck