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Topaz Revenue Climbs
Revenue of Topaz Energy and Marine of the United Arab Emirates (UAE) for the six-month period of 2019 was $235 million, an increase of 56% compared to H1 2018.Dubai…
African LNG to Attract $103Bln in 2019
With greenfield investments in Nigeria, Egypt, Mozambique and elsewhere reaching nearly $103 billion this year, it is clear that liquefaction is viewed as the most…
Kalmar Upgrades EUROGATE Tanger
Finnish manaufacturer of cargo-handling machinery Cargotec Oyj said that its subsidiary Kalmar has concluded an agreement with long-term customer EUROGATE Tanger…
W African Firm Builds LNG Import Capacity
Equatorial Guinea is set to construct the first liquefied natural gas (LNG) storage and regasification plant in West Africa, advancing efforts to monetize gas resources…
INS Tarkash Makes Port Call at Cadiz
Indian Naval Ship Tarkash made a port call at Cadiz, Spain for a three days visit in continuation of the Indian Navy’s overseas deployment to Africa, Europe and…
Migrants on Ship Center of Political Fight
A charity rescue ship carrying 134 migrants, mostly Africans, was stranded off the coast of Italy on Friday as a political battle in Rome stopped it from docking…
July: Earth's Hottest Month Ever Recorded
According to the latest monthly climate report from the U.S. National Oceanic and Atmospheric Administration (NOAA), July 2019 was hottest month on record for the planet and Polar sea ice melted to record lows.Much of the planet sweltered in unprecedented heat in July, as temperatures soared to new heights in the hottest month ever recorded. The record warmth also shrank Arctic and Antarctic sea ice…
Seamen Kidnapped off Cameroon's Coast
A number of seamen have been kidnapped after an attack on their vessel off the coast of Cameroon in West Africa's piracy-plagued Gulf of Guinea, a source in the Cameroonian army and a source at the major port of Douala said on Friday.In July, the International Maritime Bureau described the Gulf of Guinea as the most dangerous area in the world for piracy with 73% of all sea kidnappings and 92% of hostage…
Cape Town Damen Shipyards Joins WISTA
South Africa's Damen Shipyards Cape Town (DSCT) has joined the Women’s International Shipping & Trading Association (WISTA). The yard is represented in the Association…
SeaBird Faces Delays in Seismic Surveys
SeaBird Exploration, a global provider of marine 2D and 3D seismic data and associated products and services to the oil and gas industry, has estimated that its…
Kalmar in Service Contract with OPCSA
Kalmar, the provider of the cargo handling solutions and services to ports, has concluded an agreement to supply comprehensive preventive and corrective maintenance…
UAE Presence Grows in the Maritime World
Over recent years the United Arab Emirates has emerged as an important maritime hub with grand ambitions. Mark Venables visited the region to discover what is driving that growth.When the UAE was elected to the IMO Council as a Category B member, it immediately raised its profile within the maritime community. The Emirates have taken a significant step forward in the maritime world.Despite this success, the region remains a challenging market for shipping and logistics.
New Shipbuilding Facility in Cape Town
Veecraft Marine, a wholly-owned subsidiary of Paramount Maritime Holdings and African-based global aerospace and technology company Paramount Group, opened its new premises at a ceremony held in Cape Town. Veecraft Marine has manufactured more than 60 maritime platform solutions in various classes since its inception in 2002, totaling more than $130 million of contracts. Leveraging its specialization in the construction of 20 to 30 meter vessels…
Nansha Doubles Direct Sailings to Rotterdam
The deep-water port of Nansha in Guangzhou, a city of 15 million people in the vicinity of Hong Kong, has doubled the number of direct connections with North Europe and West Africa…
USS Porter en Route to Black Sea
The Arleigh Burke-class guided-missile destroyer USS Porter (DDG 78) began its north-bound transit to the Black Sea August 8, to enhance regional maritime stability and a show of support for our NATO allies and partners in the region.This is the sixth time a U.S. ship has visited the Black Sea since the beginning of 2019. The last ship to visit the Black Sea was USS Carney in July. During its time in the Black Sea…
Shanghai Ports Tops in Connectivity
The Shanghai port has topped UNCTAD’s 2019 ranking of the world’s best-connected ports, released yesterday (7 August).The Chinese port garnered a connectivity score of 134 points…
NSER Wins $600mln Contracts in S. Arabia
National Energy Services Reunited (NESR), a provider of integrated energy services in the Middle East and North Africa (MENA) and Asia Pacific regions, has been…
Investments in Exploration Drilling to Double
Rystad Energy sees investments both in offshore and onshore exploration drilling doubling in the next five years, compared to the last five years. Conventional onshore demand will be driven by Asia…
Seismic Solutions Market to Reach $890mln by 2024
The global offshore oil and gas seismic equipment and acquisitions solutions market stood at around $660 million in 2018 and is forecast to grow at a CAGR of 5%…
Chinese Port Doubles Direct Connection with Europe
The deep water port on the shore of the Pearl river (aka Zhujiang River), in the Nansha District in the Southern China, Port of Nansha doubled direct connection…