Leading gas & oil company, Total E&P, has appointed GAC South Africa to provide shipping and logistics support for its drilling project off the coast of South Africa, which started in June this year. Total E&P is one of the first companies to drill for oil & gas in the country. GAC South Africa is drawing on the global reach and resources of the GAC Group, and its own local expertise and experience, to provide strategic freight forwarding solutions to safely move the drilling equipment needed for the project by air, sea and road.
Hamburg Süd will offer a new service from South Africa to Argentina and Brazil (SABR Service) in cooperation with Nile Dutch. The new fixed-day fortnightly service will provide shippers with a regular and reliable westbound link from South Africa to South America with connections to Europe and North America. The new service rotation will be: Durban – Port Elizabeth – Buenos Aires – Rio Grande – Itajai – Santos – Rio de Janeiro.
During the last few days, various articles in the oil and shipping press have hinted at the possibility that renewed contango in the oil markets could lead to increased storage plays after several Suezmaxes were fixed for discharge in Saldanha Bay, South Africa, say Poten & Partners in the latest 'Tanker Opinions'. While South Africa has several refineries that run on imported crude oil, the origin of the crudes (North Sea and the Caribbean), as well as the reported discharge port
South Africa wants to resume oil imports from Iran, once its biggest supplier, and hopes to resolve "sanction issues" that have blocked purchases within the next three months, its deputy foreign minister said on Tuesday. South Africa bought around 68,000 barrels of oil per day (bpd) from Iran in May 2012, a month before it halted crude purchases as Western countries pressured Tehran over its nuclear programme. That was well down from peak purchases in 2011.
CMA CGM announced the reshuffling of its services on the ASIA-South Africa and Mozambique trades in partnership with Maersk Line (ML). Beginning April 24, the new CMA CGM ASIA-SOUTH AFRICA service network will be covered by the following loop: • New SHAKA2: A service jointly operated by CMA CGM and Maersk Line with 8 vessels of 6,500Teus. The rotation includes: Shanghai, Ningbo, Fuzhou, Yantian, Tanjung Pelepas, Port Louis, Durban, Port Elizabeth, Ngqura, Port Louis
The International Bunker Industry Association (IBIA) has announced that it will be working with the South African Maritime Safety Authority (SAMSA) to develop a Bunkering code of practice for the supply of fuel from offshore barges. Offshore bunkering is currently banned in South Africa, but SAMSA is taking steps to open the market to offshore providers. SAMSA has granted provisional permission to Aegean Marine Petroleum Network Inc to deliver intermediate fuel oil (IFO) in Algoa Bay OPL
Jesper Jervild promoted to Regional Manager, Middle East and South Africa OW Bunker, one of the world’s leading suppliers and traders of marine fuel, today announced that Jesper Jervild has been appointed to the position of Regional Manager for the Middle East and South Africa. In his new role, Jervild is based in Dubai and is responsible for all of OW Bunker’s activities in this region. Jesper Jervild has been promoted from the position of Branch Manager of OW
South Africa said it would not go for the wholesale sell-off of ports as they were regarded as strategic assets. Public Enterprises Minister Jeff Radebe said that the government had developed a ports policy to be released early next year. "Government does not envisage a wholesale privatization of ports. Instead, private operators will have a role in South African parts by way of concessions and public-private partnerships," said Radebe.
'SA Agulhas', a pioneering South African seafarer training ship with 62 cadets on board supports an Antarctic winter crossing expedition. The converted 6,132gt polar research and supply vessel, SA Agulhas has left Capetown, South Africa for the final leg of the ‘Coldest Journey’ expedition to the ice. It also spearheads an ambitious plan to boost South Africa’s maritime sector. The ship visited London in December 2012
There was excitement at Dormac recently when the keel-laying ceremony for a new $8.2m oil bunker barge commissioned by Smit Amandla Marine signaled the revival of the shipbuilding industry in South Africa. Dormac's empowerment partner, Palisa Investments, owns 25.5 percent in the company, according to a report on www.busrep.co.za. Pim Zandee, the former chief executive of Smit Amandla, said the specialist marine services company, which is the biggest oil bunker supplier in the Durban harbor
Brent crude dropped to a 16-month low under $99 per barrel on Wednesday, stretching its losses into a fifth session amid continued worries about rising supplies and weak global demand. While a larger-than-expected fall in weekly U.S. crude stocks kept a floor under oil prices
Ukraine will buy one million tonnes of coal from South Africa because the military conflict in its Donbass region has disrupted domestic coal production, Prime Minister Arseny Yatseniuk said on Wednesday. Pro-Russian separatists are battling Kiev's forces in eastern Ukraine
Robert “Bob” “Sonny” Fogal, Jr., one of the icons in the offshore oil and gas industry, has decided to retire from front-line work as Zentech’s Director of Business Development. Zentech’s President Ramesh Maini noted on August 28
COSCO Container Lines would like to announce Rate Restoration for all shipments (include reefer cargo) from Far East to South Africa Trade and take effect from September 1, 2014. The detail of the RR will be USD150 per TEU Far East include: China Mainland, China Hong Kong
In South Africa’s largest local shipbuilding contract Transnet National Ports Authority has ordered nine new Voith Water Tractors (VWT) for use in several ports across the country. This is also the largest order in the history of Voith marine technology.
South Africa's Department of Health has published a Cabinet decision with regards to measures to counter and control the potential spread of Ebola from West African countries where outbreaks have been reported. Cases of the disease have been reported in Guinea, Sierra Leone
Voith wins record contract for Voith Schneider Propellers In South Africa’s largest local shipbuilding contract Transnet National Ports Authority has ordered nine new Voith Water Tractors (VWT) for use in several ports across the country
Oil traders have begun fixing tankers to take North Sea, West African and Arab crudes to South Africa for storage, hoping for a repeat of the multimillion dollar bonanza they reaped in 2008-2009. Shipping fixtures show that in late July and August, BP , Mercuria
Kalmar, part of Cargotec, has gained a breakthrough order to supply ten straddle carriers to Transnet Port Terminals (TPT) Durban Pier 2, a dedicated straddle carrier operation in South Africa currently handling a throughput of 2.4 million TEU.
South Africa's Richard's Bay Coal Terminal (RBCT) exported 5.4 million metric tons of coal in July, more than the 4.9 million metric tons in June, data showed on Wednesday. The terminal's coal stocks, which end up in power stations in Europe and Asia, stood at 4
Altair, a US-based engineering company, recently acquired EM Software & Systems - S.A., makers of FEKO® electromagnetic field analysis software. FEKO is now becoming part of Altair’s computer-aided engineering (CAE) suite HyperWorks®
Total has signed an agreement with Exxaro Resources Ltd for the sale of its 100% stake in Total Coal South Africa (TCSA), its coal-producing affiliate in South Africa. The consideration for the transaction is $472 million, with completion of the sale subject to approval by the relevant
Global Rescue, a crisis response firm providing medical, security, evacuation, and travel risk management services, says it has coordinated the rescue of a rower from the middle of the Indian Ocean after he sustained severe burns. Ocean Row Events (ORE) crew member Shane Usher was successfully
JSW Steel, led by billionaire Sajjan Jindal and India's third-largest maker of the alloy, will import 6 million metric tons of iron ore this fiscal year compared with no shipments a year earlier due to production cutbacks at home. JSW's return to the sea-borne iron ore market after a gap of
More than 220,000 members of the union of engineers and workers of South Africa (NUMSA) will drop their tools on July 1, after the failure of talks to avert a strike, their leaders said Sunday. The secretary general of South Africa's largest union, Irvin Jim