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Italy Detains Migrant Rescue Ships
Italian coastguards have seized two charity rescue boats at the port of Palermo citing "technical and operational" irregularities, which the owners called an excuse to hinder missions to save the lives of migrants at sea.The seizure of the German-flagged Alan Kurdi and Spanish-flagged Aita Mari this week followed a sharp rise in the number of migrants reaching Italy, which has angered and embarrassed…
Euronav Posts Record High 1Q Results
Leading tanker operator Euronav posted record high first-quarter results on Thursday and expects strong demand for oil storage at sea to continue in 2020, driving its shares up 8.5%.The world is still struggling with an oil glut due to a drop in demand caused by the coronavirus even after top oil producing countries have cut output. The glut has prompted a scramble to find storage options on land and sea.Hugo De Stoop…
Pirates Kidnap 10 Crew from Tanker off Nigeria
Pirates have reportedly kidnapped 10 crew members from an oil tanker off the coast of Nigeria, maritime security consultancy Dryad Global reported.An uknown number…
French Wheat Shipments Remain High Despite Lockdown
French soft wheat shipments outside the EU last month reached a four-year high for April, Refinitiv data showed, as exporters continued to ship high volumes during the coronavirus pandemic.Soft wheat exports to destinations outside the European Union totalled 1.56 million tonnes, the highest April volume since the 2015/16 season, an initial estimate based on Refinitiv loading data showed.The April volume was about 70,000 tonnes lower than non-EU soft wheat exports the previous month, which marke
Carnival Cruise Ships Rendezvous to Repatriate Crew Members
Eighteen Carnival Cruise Line ships rendezvoused in The Bahamas over the past several days in line with plans to sail nine of the ships to repatriate more than 10,000 healthy crew members who have remained on board after the cruise line suspended operations due to the coronavirus pandemic.The ships have been at various U.S. homeports provisioning supplies and bunkering fuel for their journeys, and their crews stuck on board due to restrictions limiting air travel to Asia…
Namdock Shipbuilders Help Local Hospital Get Ship-shape
Namibian ship repair company Namdock, situated in Walvis Bay on the west coast of Africa, has utilized its fabrication expertise to provide assistance to the Walvis Bay state hospital in its fight against COVID-19 by helping with the maintenance and repair of hospital beds, trollies and bedside cupboards.“While national infection rates and fatalities are currently low, COVID-19 has the potential to trigger a major health crisis in Namibia.
Pirates Release 11 Crew, Hold 7 Hostage off Benin
Pirates attacked a Portugal-flagged ship and kidnapped its Bulgarian captain and seven sailors off the coast of Benin, Bulgaria's foreign ministry said on Tuesday.A…
Retreating Chinese Steel Stockpiles a Positive for Iron Ore Demand -EastGate
Chinese steel stockpiles reached record highs amid the coronavirus outbreak, but are now steadily easing. This paints the picture of an increased construction activity and a growing seaborne demand for the key dry bulk commodity of iron ore, says EastGate Shipping Inc. Demand returning to normal levelsSteel inventories in China have been showing a steady downward trend following the all-time highs recorded in mid-March.
Offshore Drilling: It’s Going to Get Worse Before It Gets Better
The Offshore Rig Market – At $30 Oil Offshore Drillers May Be Out of OptionsCOVID-19 and low oil prices are already having an impact on the offshore rig market as contractors face crew and logistical challenges and E&Ps attempt to prioritize drilling campaigns.Contract scrutiny has already led to a few contract cancellations and the first claims of force majeure.However, contract options are at most risk.
Italy Orders Migrants Put in Quarantine on a Ship
Italy on Sunday ordered migrants aboard a rescue ship off its coast to be quarantined on another vessel to test them for the coronavirus instead of allowing them to disembark.The Alan Kurdi, run by the German non-governmental group Sea-Eye, is sailing in international waters off the western coast of Sicily.The transport ministry said in a statement those on board will be transferred to another ship…
Italy Closes Ports to Migrant Ships Due to Coronavirus
Italian ports cannot be considered safe because of the coronavirus epidemic and will not let migrant boats operated by charities dock, the government has ruled.The decision was taken late on Tuesday after a ship operated by the German non-governmental group Sea-Eye picked up some 150 people off Libya and headed towards Italy."For the entire duration of the national health emergency caused by the spread of the COVID-19 virus…
Opinion: Renewable Energy Wins Over Oil and Gas in Post-Coronavirus World
Imagine waking up one morning with a deadly tiger snake in your bed. To make matters worse out of the window you notice an approaching bushfire.Both are a threat to your life, but you are going to deal with the imminent danger of the snake first, and then tackle the more distant but still serious fire. It's the same with the new coronavirus and climate change.Since the rapid spread of the coronavirus beyond its origin in China and the social and economic havoc it's wreaking across the globe…
PGS Cold Stacks Two Seismic Vessels in Response to Low Oil Price
Norwegian offshore seismic surveyor PGS has said that the coronavirus pandemic and the disruption in the oil market present unprecedented challenges for the offshore services industry, including the marine seismic industry.PGS expects the low oil price will have a material adverse impact on demand for seismic services and activity levels.Brent crude futures fell 3.2%, or 97 cents, to $28.97 per barrel as of 0636 GMT…
Hepburn and Sons Adds Senior Naval Talent
The Hepburn and Sons LLC team welcomed David Rice, CAPT David Bauer, USN (Ret), and Gary Loberg as their newest members. David Rice serves as Senior Consultant, Material Science. David Bauer will serve as the Senior Manager, Material Science. Gary Loberg serves as Senior Manager, Advisory Services.David Rice comes to Hepburn and Sons, LLC after a career spanning 45 years at Newport News Shipbuilding (NNS).
South African Ports Remain Open Despite Lockdown
South Africa's ports remain open to all types of cargo despite a nationwide 21-day lockdown though essential goods should be prioritized, the Department of Transport said in a notice."(The) government has now decided that in the interest of ensuring a functional supply chain across all ports, that all cargoes will be accepted for loading and off-loading," said the notice, which was dated March 31.That…
Nigeria Announces Offshore Oil Worker Restrictions to Battle Coronavirus
Nigeria's petroleum regulator has ordered oil and gas companies to reduce their offshore workforce and move to 28-day staff rotations as part of measures to curb the spread of the coronavirus, according to a circular seen by Reuters.Health experts fear a widespread outbreak in Africa's most populous country, which has about 200 million inhabitants, and the country is keen to protect oil production…
Transnet to Cut Transport of Non-Essential Cargo During Lockdown
South Africa's logistics firm Transnet said it would reduce transport services and non-essential cargo operations during a nationwide lockdown that began at midnight on Thursday to contain the coronavirus.The state-owned company said shipments of metals and minerals would depend on demand and government approval. It was unclear if these exports would be affected.The transport of coal to state-run utility Eskom's power stations would continue…
Nigeria Imposes Cargo Vessel Restrictions to Curb Coronavirus Spread
Nigeria will only allow cargo vessels that have been at sea for more than two weeks to dock in its ports to prevent the spread of coronavirus, President Muhammadu Buhari said on Thursday.Health experts fear a widespread outbreak in Africa's most populous country of 200 million people which could overwhelm its creaking healthcare system.Nigeria has closed its land borders and international airports…
Hempel Makes Executive Changes
Current Group Vice President for Hempel South & East Asia, Pernille Lind Olsen, becomes new Group Vice President for Hempel Europe & Africa starting on 1 July 2020. At the same time, current Finance Director for Hempel Middle East Jonathan Mercer will take over Pernille Lind Olsen’s position as Group Vice Presi-dent for Hempel South & East Asia.Olsen has been with Hempel since November 2013. Since then…
EU to Launch New Libya Sea Patrols From April
The European Union will launch a new Mediterranean naval and air mission in April to stop more arms reach warring factions in Libya, EU diplomats said on Thursday, with Greece agreeing to take in any migrants rescued at sea.The decision, which was delayed by divisions over migrants, followed warnings by EU foreign affairs chief Josep Borrell that the bloc risked becoming irrelevant if it could not act…