U.S. Sanctions Deal Blow to LSFO for 'IMO 2020'
Highly sought after types of oil best suited to making cleaner shipping fuel are suddenly finding they are a tougher sell for thirsty East Asian markets, traders say, in an unintended consequence of U.S. sanctions on a Chinese shipping fleet.With just over two months until environmental rules are set to mandate the biggest changes to ship power in over a century, certain rare types of West African oil have soared in value but have had to be marked down due to the higher costs of transport.The United States imposed sanctions on units of China's COSCO on Sept.
Privinvest’s Deliveries to Mozambique: A Model for Africa
Media reports about Mozambique’s failure to launch a fishing and security fleet and its subsequent $2 billion debt default seem destined to torpedo, or at least set back similar efforts to build needed coastal security and national fishing fleets across Africa. That must not happen.The systems and equipment Mozambique bought a few years ago from shipbuilder Privinvest could serve as a template for coastal African nations seeking to rightfully benefit from their natural resources…
FLNG Innovations Boost Gas Industry Growth
Liquefied natural gas (LNG) technologies, such as floating LNG (FLNG) innovations, driven by its shorter construction lead times and lower capital investment costs, are increasingly becoming a viable option for increased gas deployments.FLNG helps mitigate siting constraints that shore-based infrastructure may face, pointed out the Kansas City-based engineering firm Black & Veatch.The provider of engineering, procurement and construction (EPC) services for energy also stressed…
Piracy: West Africa, World's Most Dangerous Seas
The seas off West Africa's coastline are now the most dangerous in the world for shipping, the International Maritime Bureau’s (IMB) latest report revealed.According to the report, of the 75 seafarers taken hostage onboard or kidnapped for ransom worldwide so far this year, 62 were captured in the Gulf of Guinea – off the coasts of Nigeria, Guinea, Togo, Benin and Cameroon.The IMB Piracy Reporting Center (IMB PRC) recorded 78 incidents of piracy worldwide and armed robbery against ships in the first half of 2019, compared with 107 incidents for the same period of 2018.
ICTSI to Acquire Cameroon Port
The International Container Terminal Services Inc. (ICTSI) has been declared as the preferred bidder for the development, operations and management of the Port of Kribi in Cameroon for 25 years.Philippine government's News Agency quoted ICTSI disclosure to the stock exchange saying that: "ICTSI has been declared preferred bidder for the concession of the development, operation and maintenance of the Multi-Purpose Terminal of the Port of Kribi by the Port Autonome de Kribi. Parties…
LNG Report: Floating Liquefaction & Regasification
International Maritime Associates has completed a 12-month study of the global market for floating gas liquefaction plants and floating LNG regasification terminals. The 150+ page study, published by World Energy Reports, is the most detailed analysis yet made of this growing business sector. Project Success EvaluationThe IMA study is the first professional effort to systematically look at the universe of FLNG and FSRU projects in the planning stage – and categorize the likelihood of each making the development investment hurdle.
IMO on Women in Port Management
International Maritime Organization (IMO) is continuing its ongoing efforts to ensure women can reach top ranks in the maritime sector, through its Women in Maritime programme. The latest event was a two-week training course for female officials from maritime and port authorities of developing countries, in Le Havre, France (11-22 June). At the Institut Portuaire d'Enseignement et de Recherche (IPER), 23 female officials from 14 developing countries (Burkina Faso, Cameroon, Chad…
Venice, A New Generation Port
The port of Venice has been chosen as the Italian case study in the “Next Generation” international conference, which is promoted by AIVP, the International Association of Port Cities, which is meeting from June 11th to 14th in Quebec City, Canada.To celebrate its 30 years of research and in-depth work on the issue of the relationship between the spirit of a port and that of a city in harbor cities, the worldwide network has focused its 2018 conference on “new generation ports”…
Douala Cameroon, Antwerp Join Hands
The ports of Antwerp and Douala in Cameroon are to collaborate closely with each other over the next five years. The collaboration agreement was signed on Wednesday this week during an extensive visit by Antwerp port representatives to the port of Douala in Cameroon. Douala port authority is counting on the Antwerp know-how in order to boost the efficiency of its port operations, among other things. For Antwerp the agreement represents a way to maintain and further strengthen its position as market leader in West and Central Africa.
Golar LNG Partners Updates on Acquisitions
Golar LNG Partners announced that it had entered into an agreement to acquire an equity interest in FLNG Hilli Episeyo last year. Equivalent to 50% of the two contracted liquefaction trains, out of a total of four, the common units also include a 5% stake in any future incremental earnings generated by the currently uncontracted expansion capacity but do not include exposure to the oil linked component of Hilli's tolling fee. FLNG Hilli Episeyo arrived in Cameroon in late November.
CMA CGM Adjusts EURAF 5 Service
The CMA CGM Group announced it is reinforcing its service from Europe to West Africa through a new call at Kribi (Cameroon) and shortened transit times from North Europe on its EURAF 5 service. The new service started in January 2018. As a result, its EURAF 5 (Europe-West Africa) will benefit from a new port coverage on the following route: Antwerp, Le Havre, Lisbon, Algeciras, Pointe Noire, Luanda, Kribi, Douala, Abidjan, Algeciras, Antwerp. Transit times will also be shortened up to 10 days from Northern Europe to Douala with a weekly direct service.
Concordia Maritime Supports Mercy Ships Cargo Day
Mercy Ships Cargo Day is being held for the second year and Concordia Maritime is one of the companies supporting the activities on board Mercy Ships’ hospital ship. Participants can either donate part of their commission this day or choose a sum of money they want to donate, which they can also do after October 4th. The initiators, BRS (Barry Rogliano Salles) Group in Switzerland and Mercy Ships, invite ship owners, brokers, charterers, port agents and marine transport companies to participate and make a contribution to the poorest people in the world.
Concordia Maritime Supports Mercy Ships Cargo Day
Mercy Ships Cargo Day is being held for the second year, and Concordia Maritime is one of the companies supporting the activities on board Mercy Ships’ hospital ship. The participants can either donate part of their commission this day or choose a sum of money they want to donate, which they can also do after October 4. Ship owners, brokers, charterers, port agents and marine transport companies are invited to participate and make a contribution to the poorest people in the world. Concordia Maritime also contributed last year when Mercy Ships Cargo Day was launched for the first time.
Golar LNG Partners in FLNG Hilli Episeyo Stake Acquisition
Golar LNG Partners announced that it has entered into a purchase and sale for the acquisition from Golar LNG Limited and affiliates of Keppel Shipyard and Black and Veatch of equity interests in Golar Hilli LLC, which will, on the closing date of the Acquisition, indirectly own the FLNG, Hilli Episeyo. The Acquired Interests represent the equivalent of 50% of the two liquefaction trains, out of a total of four, that have been contracted to Perenco Cameroon SA and Societe Nationale Des Hydrocarbures for an eight-year term.
Keppel to Deliver World's First Converted FLNGV
Keppel Offshore & Marine's (Keppel O&M) wholly-owned subsidiary, Keppel Shipyard Ltd (Keppel Shipyard), will soon deliver the world's first converted Floating Liquefaction Vessel (FLNGV) owned by Golar Hilli Corporation (Golar), a subsidiary of Golar LNG Ltd. The vessel was named Hilli Episeyo at a ceremony in Keppel Shipyard today. Upon its completion, the FLNGV will be put in operation offshore Kribi, Cameroon for Société Nationale des Hydrocarbures and Perenco Cameroon SA, and will be the first FLNGV project in Africa.
CMA CGM Strengthening EURAF 5 Services
CMA CGM has announced the strengthening of its position on Europe > West Africa route by becoming vessel operator on its current service EURAF 5. Effective April 5th, 2017, CMA CGM operates 2 vessels on EURAF 5 between North Europe and West Africa South Range. With a weekly frequency, EURAF 5 connects Europe to Angola, the Republic of Congo and the Democratic Republic of Congo. Cameroon is served on a fortnightly basis. Reefer cargo from Abidjan relies on a direct service to Europe with very fast transit times. Antwerp is reached in 15 days, Le Havre in 18 days, Lisbon in 21 days.
LNG: Did the Greeks Get it Wrong?
In December 2013, Alibra’s market report front page read: “When in shipping, do as the Greeks do.” At that time, Alibra was referring to the fact that 31% of the LNG carrier orderbook had been ordered by Greek owners. Billions of dollars in CAPEX were being pumped into natural gas exploration, as well as building infrastructure such as liquefaction and export terminals, especially in the US. Some 180 LNG carriers were ordered between January 2011 to December 2014 – many of them speculatively. Of these vessels, 52 were ordered by Greek companies (29%).
CMA CGM to Upgrade its EURAF Services
In a continued effort to provide increased reliability and quality service in a challenging environment, CMA CGM Group is strengthening its coverage of Europe to West Africa with the addition of the direct call in Cameroon on its EURAF 5 service and the EURAF 4 service upgrade connecting Europe to West Africa strategic markets. Direct service from North Europe to Douala with a fortnightly frequency combined with a shortened transit time by 7 days. Therefore, it is one of the best transit time on the market with Douala from Antwerp in 28 days and from Le Havre in 29 days.
US Naval Academy Inducts Class of 2020
The U.S. Naval Academy welcomed the 1,184 men and women of the incoming Class of 2020 in Annapolis June 30 during Induction Day. Induction Day--or I-Day--marks the beginning of a demanding six-week indoctrination period called Plebe Summer, during which civilian students are indoctrinated into military life. This indoctrination period is meant to help plebes develop discipline, honor, self-reliance and organization. These attributes will provide them with the foundation they will need to be successful midshipmen and throughout their military careers.
Gulf of Guinea Piracy a ‘Deep Concern’ -UN Security Council
The United Nations Security Council on Monday expressed its deep concern over piracy and armed robbery at sea in the Gulf of Guinea, and stressed the importance of a comprehensive approach — led by States of the region, with international support — to address the problem and its root causes. Issuing presidential statement S/PRST/2016/4, the Council strongly condemned acts of murder, kidnapping, hostage-taking and robbery by pirates in the Gulf, and underlined the importance of determining any links between piracy and armed robbery at sea…
Turkish Crew Freed Two Weeks after Kidnap by Pirates off Nigeria
Six Turkish members of a cargo ship's crew who were kidnapped by pirates off the coast of Nigeria two weeks ago have been released and are safely back in Istanbul, a lawyer for the shipping company said on Tuesday. "The six of them have been released and are back in Istanbul. All are in good health," said Fehmi Ulgener, a lawyer for the shipping firm Kaptanoglu Denizcilik. He declined to say whether or not a ransom had been paid. The Turks, who included the M/T Puli's captain, chief officer and chief engineer, were abducted some 90 miles off Nigeria on April 11.
Pirates Attack Containership off Nigeria
Pirates have attacked the Liberian-flagged 4,360 TEU CMA CGM Turquoise, kidnapping two crew members off the coast of Nigeria, with the remainder of the crew said to be safe. Turquoise, managed by Dioryx Maritime Corp. in Greece, was stormed late on Monday as it travelled between Nigeria's commercial hub Lagos and Douala in Cameroon. According to Ghana-based antipiracy agency Maritime Trade Information Sharing Centre (MTISC-GOG), the ship was boarded in waters about 30 nm off the coast of the Niger Delta.
Map Shows Kidnap & Piracy Threats
Global risk and crisis management consultancy NYA International today releases its 2016 Kidnap and Piracy Map, accompanied by the Global Kidnap Review, a special report examining kidnap for ransom over 2015 and identifying themes for 2016. Together, the map and report provide a guide on the threats to people and operations worldwide. Intensified civil conflicts in Africa, entrenched criminality in Latin America and the advance of Islamist militancy in spaces worldwide have contributed to “severe” kidnap ratings for 11 countries, up from eight in 2015.
CMA CGM Modifies its Midas and Swahili Services
CMA CGM has announced the strengthening of its current MIDAS service by cooperating with PIL under a new Vessel Sharing Agreement. A fleet of 11 vessels of 3,500 TEU nominal capacity will be deployed, and CMA CGM will contribute to the majority with 9 vessels. It also announced the strengthening of its coverage of India on its SWAHILI EXPRESS service deployed on the India Middle East Gulf - Eastern Africa and Indian Ocean route. In India, MIDAS will extend its coverage with a weekly call at Nhava Sheva direct to West Africa…
First Ever At-sea Customs and Fisheries Boardings Conducted
USNS Spearhead (T-EPF 1) and an embarked multinational law enforcement team, working with Cameroon Navy Ships Ntem (108) and Sanaga (109), conducted the first ever at-sea customs and fisheries boardings supported by Cameroon Navy. The Cameroon Navy vessels patrolled the entirety of the Cameroon Exclusive Economic Zone for 12 days while conducting at-sea law enforcement operations. In the first AMLEP with Cameroon, U.S. maritime forces worked and trained with 17 Cameroon Navy personnel, two Gabonese Navy officers, six Cameroon customs officers, and seven Cameroon fisheries officers.
Pirates Kidnap Six Crew from Tanker off Nigeria
Six Turkish members of a cargo ship's crew have been kidnapped by pirates off the coast of Nigeria, a spokesman for the Nigerian navy said on Monday. The crew members of the merchant tanker M/T Puli were abducted some 90 miles from the coast at around 1:30 a.m. (0130 GMT) on Monday, navy spokesman Chris Ezekobe said. "Six crew members were abducted. They included the captain, the chief officer and chief engineer," Ezekobe said. The spokesman said the navy was going to board the vessel to speak to other crew members.