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Sunday, January 17, 2021

Mozambique News

© Oleksii / Adobe Stock

Insurgents Seize Port Near Total's Mozambique LNG Project

Islamist insurgents have captured a heavily-defended port in the far northern Mozambique town of Mocimboa da Praia, close to the site of natural gas projects worth some $60 billion, local media reported on Wednesday.It was one of several attacks on the town - 60 km (37 miles) south of the projects being developed by oil majors like France's Total - this year as insurgents with links to Islamic State have stepped up attacks in the region.

© juandofer / MarineTraffic.com

Who Owned the Chemicals that Blew up Beirut? No One Will Say

In the murky story of how a cache of highly explosive ammonium nitrate ended up on the Beirut waterfront, one thing is clear—no one has ever publicly come forward to claim it.There are many unanswered questions surrounding last week's huge, deadly blast in the Lebanese capital, but ownership should be among the easiest to resolve.Clear identification of ownership, especially of a cargo as dangerous as that carried by the Moldovan-flagged Rhosus when it sailed into Beirut seven years ago…

© Christina Drakaki / MarineTraffic.com

Beirut Blast Caused by Ammonium Nitrate Seized from Cargo Ship

Initial investigations into the Beirut port blast indicate years of inaction and negligence over the storage of highly explosive material caused the explosion that killed more than 100 people, an official source familiar with the findings said.The prime minister and presidency have said that 2,750 tonnes of ammonium nitrate, used in fertilizers and bombs, had been stored for six years at the port without safety measures."It is negligence," the official source told Reuters, adding…

Photo: Jan De Nul Group

Port of Maputo Deepening Ops Complete

Jan De Nul Group reports that it has finished the maintenance dredging operations in the Port of Maputo, Mozambique, for the Maputo Port Development Company. This dredging campaign restored the depths created after Jan De Nul Group’s 2016 capital dredging campaign.Since 2017, the Port of Maputo is open for vessels up to 80,000 tonnes. Jan De Nul Group executed capital dredging works in 2016 to deepen the access channel and port basins from -11mCD to depths varying between -13.05mCD and -14.4mCD.

Kotug Tugboats Rescue Drifting Box Ship

Dutch salvage and towage company Kotug said that its two tugs have helped to rescue a containership hit by fire while sailing off the coast of East Africa.The 2,503-teu Oinousses (built 2000) was sailing sailing from Maputo to Mombasa, off the coast of Mozambique after the vessel sustained an engine room fire.On the night of January 20, two Rotortugs of KOTUG International picked up the Mayday signal of the container vessel EM-Oinousses having a devastating fire in the engine room.Although the vessel’s crew adequately extinguished the fire…

Oil Majors to Raise $27Bln in Selling Spree

Global giants of the oil and gas industry – the so-called supermajors – are looking to sell assets that could fetch a total of $27.5 billion, according to Rystad Energy’s latest assessment.These companies are actively shedding mature assets on a massive scale in a bid to finance higher-yielding investments elsewhere, with the added benefit of pleasing shareholders who are calling for stricter capital discipline.“The expected transactions mean some of the majors are poised to exit certain regions…

Essar Ports Posts 20% Cargo Growth

Essar Ports, India's second-largest, private-sector port and terminal company by capacity and throughput, posted a record 20 per cent cargo growth in April-September period of the ongoing financial year (ending March 31, 2020) with a throughput of 27.29 MT.The Essar Group company, h operates four terminals on the east and west coasts of India, said in a press note that the growth has been driven by a 183.21% increase in third-party cargo compared to that in the corresponding period in the previous financial year.

File image: A typical DP World Terminal during cargo operations. (CREDIT: DP World)

DP World: Djibouti Dispute Hurts Firm's Borrowing Ability

Global ports operator DP World has struggled to borrow from banks to finance new investments since a port it partially owns in Djibouti was seized by the government there in 2018, its chairman said on Monday."We are investing but it is costing us more. That’s the damage," DP World Chairman Sultan Ahmed bin Sulayem told Reuters in Rwanda's capital Kigali, where the company opened a $35 million logistics platform on Monday."Fewer banks will lend us money today," he said, without giving further details.

Vitol, ENH Form LNG Trading JV

Commodity trading company Vitol and the Mozambican state-owned oil and gas company ENH have formed ENH Energy Trading, a partnership focused on trading oil products.The Dutch energy and commodity trading company said in a press note that ENH Energy Trading will initially be owned 51% by ENH and 49% by Vitol. It is anticipated ENH’s share will increase over time.ENH Energy Trading will focus on energy commodities, in particular LNG, LPG and condensate, enabling ENH to create additional…

Boskalis Unit Scores Mozambique FLNG Gig

Dutch dredging company Royal Boskalis Westminster announced that its 50%-owned associate company Smit Lamnalco is contracted by Coral FLNG to provide marine services to the first Mozambique floating liquefied natural gas (FLNG) terminal.The 10-year contract with additional extension options marks the first terminal services contract award for the Mozambique offshore LNG developments.The contract value for Smit Lamnalco amounts to approximately USD 200 million and services will…

Photo courtesy of TNPA

Aids to Navigation Training held in Cape Town

Transnet National Ports Authority (TNPA) successfully hosted another IALA Level 1.1 Aids to Navigation Manager training course for six participants from Mozambique, Namibia, South Africa and The Gambia. The course was held in Cape Town from 22 July to 16 August 2019.The Level 1.1 Aids to Navigation (AtoN) Manager training was developed by IALA, the International Association of Marine Aids to Navigation and Lighthouse Authorities. IALA is the only international body concerned with the provision of AtoNs at sea and on inland waterways…

About the Author: Gary Roughead, Admiral, U.S. Navy (Retired), is a former chief of U.S. Naval Operations and former Commander of the U.S. Pacific Fleet.

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…

Essar Ports Posts Robust Growth

Indian private ports operator, Essar Ports Limited posted overall 17 percent growth in the cargo throughput at 13.5 million tonne for the first quarter of current fiscal ended 30 June 2019 as against 11.5 MT in the corresponding quarter last year."Higher capacity utilization at its recently commissioned terminals at Salaya and Vizag, and an increase in third-party cargo, were the two key factors that will help the Company achieve its target of handling 60 million tonnes of cargo by 31 March 2020…

Hazira Terminal Grows 22% in Q1 of 2019-20

Essar Bulk Terminal Ltd (EBTL), that operates the 50 million tonne per annum (MTPA) bulk terminal in Hazira, Gujarat, India said a 22 per cent growth in its third-party business during the first quarter ended 30 June 2019, on a year- on-year basis.The Company achieved an overall cargo throughput of 7 MT (million tonnes) in Q1 FY2019-20, of which 1.1 MT was third-party cargo. The share of third-party cargo in overall cargo volumes also rose to 15.7%.According to the port operator…

Mitsui, JOGMEC join Arctic LNG-2

Japanese trading house Mitsui & Co and state-owned Japan Oil, Gas and Metals National Corporation (JOGMEC) have signed a sales and purchase agreement with Russia’s Novatek for a 10% participation interest in the Arctic LNG 2 project.The share will be acquired through the Dutch Company, Japan Arctic LNG B.V., in which Mitsui has invested jointly with JOGMEC. The equity ratio of JOGMEC and Mitsui will be set at 75 percent and 25 percent respectively.The project will develop natural…

China's Tariffs on U.S. LNG Mean Nothing, Everything

China's decision to hike import duties on U.S. liquefied natural gas (LNG) is a move that means very little for the market in the short term, but it has the potential to deliver outsized consequences the longer the levies remain in place.As part of its latest round of retaliatory tariffs on U.S. imports, Beijing increased the duty on LNG shipments from 10 percent to 25 percent.This will make it even more uneconomic for Chinese buyers to purchase LNG cargoes from the United States.

Photo:  TNPA

Opportunities for Boat Building in Eastern Cape

Transnet National Ports Authority’s (TNPA) Port of Ngqura has hosted the testing and launch of the first ever locally manufactured aluminium vessels by PE-based boat builder, Legacy Marine. As the company’s ship yard is based in Perseverance, the low bridges blocked the route to the Port of PE in the past, restricting the building of larger vessels. When the new Port of Ngqura stepped up as an alternative port, it contributed to the expansion of boat building in the Eastern Cape.“Now that the port is available for new vessel launches…

© Mark Rubens / Adobe Stock

Anadarko Nearing FID for Mozambique LNG

U.S. independent energy producer Anadarko moved closer to a final investment decision (FID) to build a giant liquefied natural gas (LNG) terminal in Mozambique after signing up an Indian buyer for the gas and saying another deal was imminent.Anadarko and Exxon Mobil are expected to sanction two separate but neighboring LNG projects in Mozambique this year after finding large offshore gas deposits, turning the African nation into a major global gas exporter.The company said on…

Focus on African Maritime Development

As part of its continuing efforts to help African countries improve the sustainability of their maritime sectors and their blue economies, International Maritime Organization (IMO) frequently works with partners to help support their initiatives.This work includes participating in two major annual maritime security exercises in Africa, the first of which, Cutlass Express, is currently underway in Djibouti, Mozambique and the Seychelles (25 January – 7 February).Cutlass Express puts special emphasis on encouraging navies and civilian agencies and different countries to work together…

QP, Exxon to Build $10B LNG Plant in Texas

Exxon Mobil and Qatar Petroleum announced a final decision to finance a $10 billion-plus project to export liquefied natural gas (LNG) from the Texas Gulf Coast.Construction of the Golden Pass LNG export project located in Sabine Pass will begin in the first quarter of 2019 and the facility is expected to start up in 2024, said a press release.“Golden Pass will provide an increased, reliable, long-term supply of liquefied natural gas to global gas markets, stimulate local growth and create thousands of jobs…

Jeddah Mulls Safe and Secure Regional Waters

Signatory States to an agreement aimed at repressing piracy, armed robbery and illicit maritime activity in the western Indian Ocean and the Gulf of Aden Area have agreed that building response capability and information sharing are vital steps towards achieving a more safe and secure maritime environment. The signatories to the revised Code of Conduct concerning the repression of piracy, armed robbery against ships and illicit maritime activity in the western Indian Ocean and the Gulf of Aden Area…

Mauritius Signs Jeddah Amendment on Illicit Maritime Activity

Mauritius has become the 15th signatory to the Jeddah Amendment to the Djibouti Code of Conduct – the instrument developed and adopted by countries in the Western Indian Ocean and Gulf of Aden that has been a key factor in repressing piracy and armed robbery against ships operating in that region.The Amendment significantly broadened the scope of the Djibouti Code when it was adopted at a high-level meeting in Jeddah, Saudi Arabia in January 2017.It covers measures for suppressing a range of illicit activities…

Kanoo Shipping Acquires Wallem South Africa

Kanoo Shipping, a shipping agencies in the Middle East will acquire Wallem South Africa, a provider of integrated maritime solutions in the cities of Durban and Cape Town. Wallem South Africa, now Kanoo Africa PTY LTD, was part of The Wallem Group, the world’s largest providers of Ship Management, Ship Agency, Ship Broking, Commercial Vessel Management and Freight & Logistics. The strategic acquisition by the fully owned business division of Yusuf Bin Ahmed Kanoo Group (YBA Kanoo) will give it access to all South African ports as well as clients in Mozambique…

(Photo: BP Shipping)

First of Six New LNG Carriers Delivered to BP

BP Shipping has taken delivery of British Partner, the first of a half dozen new 173,400 cubic meter capacity liquefied natural gas (LNG) carriers to be delivered through 2018 and 2019 from the DSME shipyard in South Korea.BP Shipping, which launched a fleet rejuvenation program in 2016 that includes 32 new vessels for delivery over a three-year period, says the six new Partnership class ships will increase its ability to transport LNG in emerging new markets, such as Pakistan, Jordan, Egypt and Bangladesh, in addition to established markets, such as India, China, the U.S.

(Photo: Siemens)

Siemens Deepens Ties to China's 'Belt and Road' Push

Siemens has signed more than 10 cooperation agreements with Chinese companies as it seeks to benefit from deepening involvement with China's "Belt and Road" infrastructure initiative, the German engineering group said on Wednesday.Siemens said the cooperation covers power generation, energy management, building technology and intelligent manufacturing and includes companies such as China National Chemical Engineering Group Corp, China Railway Construction Corp(International) Ltd and China Civil Engineering Construction Corp.The cooperation pact aims to target projects in countries and regions

DP World to Increase CapEx as 2017 Performance Shines

DP World, one of the world's largest port operators, said on Thursday full-year profit rose 14.9 percent in 2017 and that it would spend $1.4 billion on capital expenditure this year. Profit for the period attributable to owners of the company after separately disclosed items rose to $1.18 billion in 2017 from $1.02 billion in 2016, DP World said in a bourse statement. Revenue increased 13.2 percent to $4.7 billion and the board recommended increasing the dividend by 7.9 percent to $340.3 million at 41 cents per share.