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In Sub-Saharan Africa's First, Ghana Takes Delivery of Offshore LNG Terminal
Ghana has taken delivery of sub-Saharan Africa's first offshore receiving terminal for liquefied natural gas (LNG), allowing it to start delivering LNG to customers in the first quarter of this year, the terminal's operator said.Tema LNG, which is backed by UK-based Helios Investment Partners, said in a statement that a floating regasification unit (FRU) built by a subsidiary of China State Shipbuilding…
Damen Repairs Seven CMA CGM Containerships
Damen Shiprepair and Conversion (DSC) said it is wrapping up a ship repair and maintenance program involving seven vessels owned by French shipping and logistics giant CMA CGM. The projects took place at Damen Shiprepair Amsterdam (DSAm) in the Netherlands and Damen Shiprepair Dunkerque (DSDu) in France, with the last vessel scheduled to leave DSDu later this monthIn a continuous operation running between June and August…
Boskalis Buys Rever Offshore's Subsea Services Business
Dutch marine contractor Boskalis on Monday acquired all the shares of Rever Offshore’s subsea services business.Rever, formerly known as Bibby Offshore, provides solutions in the area of subsea construction, inspection, repair, and maintenance. The company has operated in the North Sea out of Aberdeen, United Kingdom.Through this transaction, Boskalis will acquire two diving support vessels of which one is fully owned (Rever Polaris) and a second chartered (Rever Topaz).
Sherrard Enhances Squire Patton Boggs Commodities and Shipping Capabilities
Squire Patton Boggs continued the expansion of its commodities and shipping capabilities with the addition of partner Kate Sherrard into its Financial Services Practice. She joins the firm from Clifford Chance where she was Head of the Asia Pacific Maritime and Offshore Group and is accompanied by senior associate Bernice Chia.“When we launched our commodities and shipping group last year we set our sights on creating one of the premier practices in the market…
DP World to Build $1.1B Deep-water Port in Senegal
Global port operator DP World has signed agreements with the government of Senegal to develop a deep-water port at Ndayane worth a total of $1.127 billion, its biggest investment in Africa to date, the company said on Wednesday.DP World Dakar, a joint venture between the Dubai-based logistics provider and the Port Authority of Dakar (PAD), will finance, design and develop land and maritime infrastructure for the new 600-hectare (1483 acres) port about 50 km from the existing port.The agreement t
Company in Focus: ShipMoney Helps to Enable Efficient Seafarer Pay
Stuart Ostrow developed ShipMoney as a means to make the process of paying crew more efficient and cost-effective for both vessel owner/operators and the crew. Little did he realize then that his company would be instrumental in helping seafarers during their greatest time of crisis.Stuart, to start, how did you come create ShipMoney and get into a career in the maritime business?I'm the definition of an accidental salesman.
Satellites Expose Risks of Forced Labor in Global Fishing
Fishing vessels with crews of forced laborers behave in systematically different ways to the rest of the global fleet, according to a study purporting to be the first to remotely identify vessels potentially engaged in modern slavery.Using satellite data, machine learning and on-the-ground expertise from human rights practitioners, U.S. researchers found up to 26% of about 16,000 industrial fishing vessels analyzed were at high risk of using forced labor.As many as 100…
Flurry of Charters for DOF Subsea
Offshore vessel operator DOF Subsea has said it has secured several new contracts in the North Sea, Mediterranean, and Africa, however, without sharing the clients'…
Siem Offshore Loses Offshore Vessel Contract in Canada
Norwegian offshore vessel operator Siem Offshore has seen a platform supply vessel contract in Canada terminated almost two years ahead of the expected contract…
2020 OSV Update: Laid Up and Beginning To Look Lazy
With increased time in layup and outdated tonnage, surely after all that has occurred in 2020 it’s about time for the offshore support vessel (OSV) sector to address…
Tito's Restored Former Flagship to Become Hotel and Museum in Croatia
The restored flagship of former Yugoslav leader Josip Broz Tito is being converted into a hotel and a museum devoted to its turbulent history, from banana boat to…
Paramount Launches another Boat for S. African Navy
Paramount Maritime launched its second of three next-generation Survey Motor Boats (SMBs) for the South African Navy in a move that will enhance the capabilities and infrastructure of the South African Navy Hydrographic Office (SANHO). This follows the launch of the first Survey Motor Boat to the South African Navy in August 2020.Veecraft Marine, a subsidiary of Paramount Maritime, had been tasked with the design and manufacture of the three Survey Motor Boats…
Glencore Boss Glasenberg Steps Down, Nagle Named CEO
Glencore boss Ivan Glasenberg is to step down next year and Gary Nagle, head of coal assets at the mining and trading group, will become the new CEO.Glasenberg's departure will mark a shift to a new, younger leadership for the business, which, along with other mining companies, has faced increasing pressure from investors to cut carbon emissions.Glasenberg, 63, has been chief executive since 2002 and…
WMU PhD Candidate Ambrose Wins Goldman Environmental Prize
Kristal Ambrose, a PD candidate at the World Maritime University, is the recipient of the prestigious Goldman Environmental Prize 2020. The award is the world’s foremost environmental prize and honors outstanding environmental activism through community and citizen participation on critical sustainability issues facing the planet.Ambrose founded the Bahamas Plastic Movement in 2013 to develop solutions…
Eight Dead, More Missing as Boat Capsizes Off Canary Islands
At least eight people were drowned after a boat carrying more than 35 migrants from the Maghreb region of North Africa and heading towards the Canary Islands capsized on Tuesday, emergency services said on Wednesday.Four people were found dead late on Tuesday and another four bodies were rescued on Wednesday morning. The emergency services said they were searching for any more missing persons.One of…
Deal Struck to Deliver Maritime Biofuel in Fujairah
Uniper Energy DMCC (UED) and Neutral Fuels will collaborate to provide maritime biofuel in Fujairah, UAE.The companies will blend UED’s VLSFO and Neutral Fuels biofuel, creating a maritime fuel that meets IMO standard under their ISO8217:2010 RMG380 specification, cutting emissions of carbon dioxide.“The collaboration is aimed to address climate protection, the predominant social issue in the world today," said Lars Liebig, Managing Director of UED.
AqualisBraemar to Acquire LOC Group
Offshore energy and marine consultancy AqualisBraemar will acquire marine and engineering consulting firm LOC Group (London Offshore Consultants).Oslo-listed group AqualisBraemar, which offers consultancy services to the offshore energy industries, said Monday that the acquisition would create "a leading global independent offshore energy and marine consultancy."David Wells, CEO of AqualisBraemar, said: "Our strategy is clear…
A Group of Villagers, a Migrant Boat and a Deadly End in Senegal
Seven neighbors from a village in western Senegal boarded a fishing boat crammed with migrants just after midnight on Oct. 26. Their destination: Europe, 1000 miles away over open ocean.Two of them are now missing, presumed dead, after the boat carrying dozens of people capsized in a collision with the Senegalese coastguard.One can barely walk from his injuries. Another is haunted by the memory of…
Global Crude Market Finds Support From China Demand
China, the global oil market's lifeline this year, has stepped up purchases from exporters like Russia, the United States and Angola in recent weeks, while buyers elsewhere pare orders as coronavirus infections surge and fresh lockdowns are put in place.China, the world's largest importer of crude, is the only major buyer expected to see increased oil demand this year as the pandemic destroyed consumption globally.With China's imports expected to reach 12 million barrels per day (bpd) next year…
Nigerian Crew Boat Owner Opts for Fueltrax
Fueltrax, a provider of marine fuel management systems, has said that a major Nigerian vessel owner and operator for fast crew boats and security vessels has upgraded two of its onboard electronic fuel monitoring systems to Fueltrax.Fueltrax said the client opted for its solution due to standards not being met with a previous electronic fuel monitoring system (EFMS)."The new vessels coming online with Fueltrax include two fast crew boats operating in the Gulf of Guinea…
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
