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West African

OT Africa Line Appoints a New Spanish Agent

OT Africa Line (OTAL), the specialist West African shipping line, has appointed a new Spanish agent, Isamar. Isamar, like OTAL, is part of the Bolloré Group. It shares common goals with OTAL and benefits from the added security of being part of a large, financially strong and well integrated transport organization. Founded in 1993, Isamar is a logistics company with a specific focus on maritime transport. It has offices in nine Spanish cities including, Alicante, Barcelona, Bilbao, Madrid, Las Palmas, Seville, Tenerife, Valencia and Vigo. Isamar also acts as agents for OTAL in Portugal where it has offices in Lisbon and Leixoes. The strengthening of OTAL's agency network in Spain is both a logistical and strategic move. Spain is an important export partner for many West African countries including: Equatorial Guinea, Cameroon, Mauritania and the Gambia. In addition, Spain's prime location in the Mediterranean, neighbouring both France and Portugal, makes it an important transport hub.


Guinea To Pay Compensation In Shipping Dispute

A U.N. maritime court reportedly ordered the West African state of Guinea to pay St. Vincent and the Grenadines in the Caribbean more than $2.1 million for firing at sailors on the oil tanker Saiga.


First S. African Oil and Gas Shipyard Opens

South Africa's first shipyard to construct oil and gas production platforms was recently opened, according to a Reuters report. The shipyard will provide a foothold for the country to take advantage of a booming oil sector in Angola and other West African countries. South Africa is hoping the $30.4m plant, part of a $258.3m investment by Germany-based MAN Ferrostaal AG, will act as a service hub for Africa's burgeoning oil industry.


OTAL Upgrades West African Shipping Services

OT Africa Line (OTAL) has announced a number of developments to its West African Ro-Ro and container services designed to give customers access to a greater number of ports. The changes will also provide improved transit times and more frequent sailings to ensure even more extensive transport coverage of the trade to and from this region. OTAL continues to operate its established multipurpose Ro-Ro service but with the addition of a restructured improved all-round schedule called the


Pirated Tankship Found Off West Africa Coast

File photo

An oil tanker missing for a week off the coast of West Africa was attacked by pirates who stole its cargo, the company that managed the ship said on Thursday after speaking with its captain. The Liberia-flagged MT Fair Artemis had last made contact with its manager, Fairdeal Group SA, on June 4 when it was off the coast of Ghana. "The ship was boarded by a number of pirates who have stolen the cargo and other items on the vessel


SAL Heavy Lift Completes Africa Move

Picture courtesy SAL

AL Heavy Lift's Frauke has completed a six-month project transporting oversize cargoes for a West African offshore development. Two empty carousels - each measuring 12 m high by 26 m wide and tipping the scales at 620 tonnes - were loaded onboard the heavy lift vessel in Netherlands and exported to the USA. Stateside, more than 2,000 tonnes of umbilicals were spooled onto the carousels. The carousels, now weighing 1,465 tonnes and 1,875 tonnes respectively


“Old Ship” Fears Drive Tanker Markets Higher

North Sea crude markets held steady mid last week, as a combination of high freight rates and absences at industry functions subdued trade. Dated Brent was assessed near last deal done at April Brent +95 cts, with Brent CFD swaps for this week also in that area. Next weeks CFDs are seen around April Brent +90 cts. Institute of Petroleum week in London is keeping trade to a minimum, as are high freight rates caused by an exodus of older vessels out of Europe in the wake of the Erika spillage


Chinese Petroleum Corp. Exercises VLCC Tender

Taiwan's state-owned Chinese Petroleum Corp (CPC) has bought two very large crude carriers (VLCC) of West African crudes via its September tender, a company official said on Thursday. The volumes were below CPC's usual purchase of three to four VLCCs per month. Each VLCC can load up to two million barrels each. "We have high inventories and not so much requirement," the CPC official said. The details of the tender, which closed on Monday, were still unclear.


Gulf of Guinea Nations to Boost Maritime Surveillance

The AP reported that ministers from across Africa's oil-rich Gulf of Guinea agreed at a U.S.-sponsored meeting Wednesday to establish surveillance systems to try to stamp out illegal activity in their largely unpoliced waters. Representatives from 11 agreed in a statement to start using tools such as radar and locator transponders on ships to monitor activity off their coasts. The statement was issued during a three-day meeting in Cotonou, Benin, sponsored by U.S


Pirates Kidnap Four Off West African Coast

Hansa Marburg: Photo courtesy of Leonhardt and Blumberg

Pirates attacked the German-owned Liberian-flagged container ship 'Hansa Marburg' off the coast of Equatorial Guinea. Citing the Hamburg-based shipping firm Leonhardt and Blumberg, owners of the vessel, Reuters report that the the four hostages - two Ukrainians, a Russian and one from the Pacific island nation of Kiribati - were taken when the Liberia-flagged Hansa Marburg was attacked on Tuesday by armed men. The raid took place around 130 nautical miles off the coast of the small West


Côte D’Ivoire Invests in O&G Safety Training

Thegrowth in oil and gas activity in Côte D’Ivoire has seen investment in standardized safety training in the region far outstrip that of other hydrocarbon-rich West African countries, according to international learning technologies company Atlas Knowledge.


West Africa's August Crude Exports to Asia to Slip

West African crude oil exports to Asia were expected to fall to 1.84 million barrels per day (bpd) in August, Reuters data and a survey of traders showed.     Slower buying by Indian independent refiners such as Reliance was the primary factor behind the overall decline of 13


CMA CGM Upgrades Europe-Africa Service

Worldwide shipping firm the CMA CGM Group announced plans to upgrade its services joining Europe to Africa, altering its EURAF 1, EURAF 2 and EURAF 4 services with the goal of providing a more complete service offering to Africa, North Europe and the Mediterranean.  


W. Africa Crude: Tenders Brighten Dull Market

Tender deals helped to liven up a lacklustre West African crude oil market on Thursday, though overall demand remained weak.   Indian Oil Corporation bought four cargoes of West African oil, traders said, nibbling at an overhang of unsold September cargoes just a few days before Angola's


Shell Declares Force Majeure on Forcados Crude Exports

Shell has declared force majeure on exports of Nigeria's Forcados crude oil stream, a spokesman for the company said on Wednesday.   It declared force majeure on the evening on May 5 following "a series of leaks" in the Trans Forcados pipeline that brings the oil to the export


Universal LNG, Sembcorp Marine Pact for West Africa LNG Development

Image: Offshore Engineering by Jurong Shipyard Pte Ltd

 Universal LNG Holdings has launched West Africa LNG Development, a ground-breaking solution partnership between Universal LNG Holdings and Sembcorp Marine Group Company.   With Sembcorp Marine's wholly owned subsidiary Jurong Shipyard participation


Homeless Atlantic Oil Cargoes Deepen Glut

Millions of stranded barrels underscore glut; elevated freight rates complicate search for buyers. A shadowy build up of oil has intensified in the Atlantic Basin with homeless cargoes of crude turning into unintentional floating storage - another sign the global surplus has some way to go


CMA CGM Launches West African Service

Image: CMA CGM

The CMA CGM Group announced the launch of a new service, WAZZAN, joining Morocoo to North West Africa, and improving the container shipper’s Intra African coverage.   The CMA CGM Group said the new service improves transit time between Mauritania, Senegal and Morocco by eight days


Cairn Energy Drops Ibiza Oil Drilling Plans

Oil explorer Cairn Energy  has dropped plans to drill near Spanish holiday island Ibiza, the company said, as it wants to focus on developing potentially huge reserves offshore Senegal.   Cairn was set to carry out seismic testing on four offshore blocks in the Gulf of Valencia but has


BW Offshore FPSO Inspected Off Nigeria

Goldblatt Tide (Photo: Tidewater Subsea)

Tidewater Subsea & T1 Marine complete BW Offshore FPSO inspection offshore Nigeria     Tidewater Subsea, in affiliation with its local Nigerian joint venture company, T1 Marine, has completed mooring and hull inspections program for BW Offshore's Sendje Berge FPSO.  


Maersk Mulls African Expansion

Photo: AP. Moeller-Maersk

 AP. Moeller-Maersk A/S, owner of the world’s largest shipping container line Maersk Line is to drive to secure contracts to build and upgrade ports in Nigeria and Kenya, according to Bloomberg.   Maersk is awaiting a final sign-off on a contract to help build a new port in


GS Caltex Buys Rare West African Crude Cargo

GS Caltex to buy 920,000 barrels of West African crude; first West African shipment in almost a year. South Korea's GS Caltex Corp is set to receive its first shipment of West African crude in almost a year as the country looks to diversify supply away from the Middle East.


Supertankers Set to Take North Sea Crude to Asia in June

As many as four VLCC tankers could take North Sea crude oil to Asia this month, shipping fixtures show, after an Atlantic Basin supply glut forced prices to multi-year lows. The Samco Europe, Bunga Kasturi Empat, Britanis and Starlight Venture VLCCs - very large crude carriers - have been lined


CMA CGM Reshuffles Asia-Europe Lines

Photo: CMA CGM

The CMA CGM Group informs it has reorganized its container shipping lines between Asia and Europe with the reshuffle of its FAL1 and FAL3 services to better meet clients’ needs and optimize vessel utilization, notably increasing Chinese ports coverage with the group’s largest ships.


Intertanko Protests Nigeria Tanker Ban

Photo: Intertanko

 Intertanko has issued a strong protest against Nigeria's decision to ban 113 tankers from its coast.   Nigeria's state oil company NNPC has recently banned 113 oil tankers from the country's waters, citing a directive from President Muhammadu Buhari






 
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