Ship service providers WSS open their own premises in the port after 15 years of operation through sub-agents & service providers. Simon Hutt, Area Director for North and West Africa paid tribute to the hard work of the area operational team in West Africa who have been managing the business development activities and securing the future of the new office, saying: “WSS has operated in West Africa for the last fifteen years through various sub-agents and service providers and we are thrilled to have finally been able to open our own WSS facility with a local team on the ground who we have worked with for many years.” Located at the most westerly point in West Africa, Dakar is transited by all north and south- bound traffic. The port is well-placed to handle a multitude of different vessel requirements - from dry-docking, dry and wet cargoes, containers and RoRos – to project cargoes including military and ships’ husbandry. Hutt said: “One of our primary aims is to expand our infrastructure in areas where shipping and trade are growing to deal with the changing needs of our customers. This new office will allow us to take the first steps in developing our presence in West Africa, enabling us to offer support through good governing principles and values.”
Aegean Marine Petroleum Network Inc. an international marine fuel logistics company that markets and physically supplies refined marine fuel and lubricants to ships in port and at sea, today announced that it plans to launch a new service center located on the Gulf of Guinea in West Africa during the fourth quarter of 2007, expanding the Company's global network of marine fuel service centers. The company also announced it has entered into an agreement to purchase a 1985-built 83
Ocean Rig UDW Inc. (NASDAQ:ORIG) received a Letter of Award for its ultra deepwater drillship “Ocean Rig Olympia”, from a major oil company. The Letter of Award is for a three- year contract for drilling offshore West Africa, with an estimated backlog of approximately $652 million. The Letter of Award is subject to completion of definitive documentation and receipt of regulatory approvals. The contract is expected to commence in direct continuation of the Ocean Rig
Worldwide oil and gas drilling contractor GlobalSantaFe Corporation reported that the company's worldwide SCORE, or Summary of Current Offshore Rig Economics, for March 2003 was flat with the previous month's SCORE. GlobalSantaFe's SCORE compares the profitability of current mobile offshore drilling rig dayrates to the profitability of dayrates at the 1980-1981 peak of the offshore drilling cycle. In the 1980-1981 period, when SCORE averaged 100 percent
Drewry Maritime Research’s latest Tanker Forecaster report indicates that Suezmax owners got some respite in the first quarter of the year, but things are looking bleak in the longer term. Spot rates firmed on the back of buoyant demand in the Caribs, Arabian Gulf and West Africa, but rising bunker prices would have absorbed much of the increase. US demand for West African crude was the one to watch as it staged a recovery in March and underpinned Suezmax rates on the benchmark TD5 (West
Expanding its presence in the growing offshore West African market, Seabulk Offshore -- a subsidiary of Seabulk International, Inc. (Nasdaq: SBLK) -- announced that it has ordered two additional vessels for delivery in late 2004 and mid-2005, respectively. Built at a combined cost of approximately $23.4 million, the new vessels will work under long-term contracts for a major international oil company in offshore Angola.
Global Industries, Ltd. announces the appointment of Craig Milburn as operations manager for Global Divers, based in New Iberia, LA. As Operations Manager, Milburn is responsible for diving operations, personnel, equipment, and the diving facilities at the New Iberia facility. Milburn joined Global in 1982 and has held numerous positions as a diver, Supervisor, Superintendent, and project manager domestically and in Asia Pacific
Surging Suezmax tanker rates are set to soar if Iraqi exports come back on stream next week, shipping brokers said on Wednesday. Rates for the one million barrel tankers have lifted to around 100 Worldscale points on fixtures from West Africa and the North Sea to the U.S., and on cross Mediterranean and North Sea routes, brokers said. "Suezmax rates are going to sky rocket if Iraqi exports come back next week," one broker said.
Very Large Crude Carriers, which were scraping the bottom of the freight market at the end of January, look set to make a comeback as the pool of available tonnage runs dry. "We currently anticipate a maximum of 54 vessels within the area (Middle East Gulf) over the next 30 days, and it is significant that only 28 of these are modern," said London tanker broker Gibsons. "There is every indication that owners will capitalize on this shortage over the coming weeks," it added
Maersk Drilling takes the first challenging step into deepwater drilling in West Africa, 'Maersk Deliverer' voted 'Rig of the Month'. Maersk Drilling has entered Angola for the first time and after only one full month in operation for Cabinda Gulf Oil Company Limited, local setup of Chevron Angola, the Mærsk Deliverer has been awarded 'Super Rig of the Month' amongst the six rigs the oil company is operating in Angola.
The Board of Directors of the company elected Ian C. Strachan to serve as Chairman of the Board effective May 18, 2013. Mr. Strachan replaces J. Michael Talbert who was not re-elected at the company's annual general meeting held on May 17, 2013.
The 3600 TEU container ship, built under the supervision of Navgathi Marine by Hyundai Sambo delivered to Pacific International Lines. Hanjin Argentina is the third of a series of four such vessels ordered by Pacific International Lines of Singapore from the S. Korea shipbuilders.
Jaya Holdings Ltd. reported consolidated revenue of $24.8 million and net profit of $4.0 million for the financial quarter ending March 31, 2013. The group’s total revenue for the quarter under review was $24.8 million, 53% higher than the previous corresponding quarter
Rolls-Royce's milestone 100th contract is to deliver drillship propulsion systems to a Transocean rig. In recent months Rolls-Royce has won orders to supply propulsion systems for seven new drillships totaling close to £100 million, including options
PEM Offshore Limited signed a multi-million dollar contract with Kongsberg Maritime for the supply of a full suite of Offshore Anchor Handling, Dynamic Positioning, Power Management and Crane Simulation systems. The new simulators will form the main infrastructure for a world-class offshore
Global leaders in the oil and gas industry will descend on the U.K. for an annual technical day organized by Reservoir Group member company Kirk Petrophysics. Experts from across the field will lead the discussions at the event, which is being held at the firm’s newly expanded Core Center
Bechtel launched a new research initiative to improve the safety of mooring large cargo ships off the coast of West Africa. The combination of heavy ocean swell, squalls and shallow coastlines can create unpredictable conditions which limit the number of dry bulkers that can be moored safely in
The crew of the 'Maersk Deliverer' has achieved a ‘One-Year Free of Accidents’ award during operations offshore West Africa. Maersk Deliverer has been operating in six different countries in West Africa for eight different clients over the past two years and is currently on a two year
The Harkand Group signs a deal with Forum Subsea Technologies that will see it extend its ROV fleet by 25% & create 30 new full time jobs. Harkand, formed through the recent merger of Iremis, Integrated Subsea Services (ISS) and Andrews Survey following investment by Oaktree Capital Management
Building on the success of its first offshore conference in 2011, Nor-Shipping will again host Agenda Offshore on June 5, signifying the importance of the maritime industry as it increasingly moves offshore to service the oil and gas industry.
The fight against global piracy is as old as the seas themselves. Recent years have seen huge increases in pirate attacks against commercial shipping and, while the risk of piracy off East Africa is now believed to be somewhat diminished, the threat remains in the region and the cost to the global
Guangdong Yuexin Ocean Engineering has delivered the 'SMS Endeavour', an Anchor Handling Towing Supply (AHTS) Vessel . SMS Endeavour is intended for operations in the offshore waters of Asia, West Africa, and Middle East. The Martens Marine E 65T Series vessels are powered by twin CAT 3516C
Reef Subsea has secured two contracts for offshore operations in the West Africa region with a combined value of more than US$15-M. The firm’s IMR and Construction division, based in Bergen, Norway, is working with two major oil and gas companies on the projects in The Republic of Congo
London-based Holman Fenwick Willan (HFW) announce the election of Paul Dean as head of the law firm's shipping practice. Paul Dean has taken over from current head George Eddings who becomes the firm's new Managing Partner effective from 1 April 2013.
A year after taking delivery of its last Bourbon 200 vessel and first Bourbon Liberty 300 vessel, Bourbon has extended its range of services with the Bourbon Liberty 151, the first vessel in a series of 15 PSVs. The first Bourbon Liberty 150 series vessel will operate for Maersk Oil and Qatar