Colombia News

A promising area off Colombia's coast where Brazil state-run Petrobras is drilling this year could justify a large project to supply natural gas to the Andean country and for exports, Petrobras' head of exploration and production said on Wednesday.As oil production in Brazil's prolific presalt region is set to plateau in coming years, Petrobras is expanding its horizons to new frontiers including the Equatorial Margin, Colombia and Africa.At Colombia's Tayrona block, Petrobras…

Norwegian davit supplier Vestdavit has notched up a new annual sales record for another consecutive year after seeing its order intake surge by 76% in 2023 on high demand from the offshore wind and oil and gas sectors, as well as increased sales in its core naval market.Vestdavit has expanded its market position in offshore wind after both gaining new customers and winning repeat orders with existing clients, including Esvagt and Rem Offshore, with orders in this sector accounting for more than $9.4 million (NOK 100 million)…

SAAM reported net income of US$501 million in 2023, representing its best-ever results thanks to the sale of its port and logistics assets to Hapag-Lloyd, which generated a net gain of US$422 million.Sales for the year totaled US$540 million and EBITDA was US$160 million, surpassing the prior year by 17% and 9%, respectively."The sale of our port terminal and inland logistics operations leaves us in a solid position to move forward on the path we have set for ourselves: to lead the consolidation process in the towage industry and grow in air cargo logistics services.

The much-needed replacement for the U.S. Coast Guard’s long-serving medium endurance cutters (WMEC) took a giant step closer to joining the fleet as the first Offshore Patrol Cutter (OPC) was launched and christened at Eastern Shipbuilding Group (ESG) in Panama City, Fla. on October 27, 2023.The future USCGC Argus (WMSM 915) was christened by the ship’s sponsor, Captain (Ret.) Beverly Kelley, the first woman to command a U.S. military vessel, the 95-foot patrol boat, USCGC Cape Newagen (WPB 95318).

“In the first 10 months of 2023, coal shipments to advanced economies fell by 17% y/y, as demand for electricity declined and the share of electricity produced using renewable energy rose. Also slowed economic activity and high energy prices affected electricity demand,” says Filipe Gouveia, Shipping Analyst at BIMCO.Between January and August, electricity production in advanced economies fell by 4% y/y, according to data from the International Energy Agency. In 2023, measures against high inflation slowed economic growth in advanced economies.

When on route to the Gulf of Mexico area, a fully laden bulker hit a buoy off the coast of Colombia damaging the propeller blades and aft seal assembly. A close detailed inspection revealed a missing rope guard, the entire seal box being distorted and dislocated from the stern tube and all five propelled blades damaged.Trained and certified UPE-dive technicians were mobilized, together with special habitat and relevant equipment, from AEGIR-Marine’s Panama branch.A complete new split type seal assembly was ordered and transferred, from stock, to location.

An offshore oil spill near Ecuador's coast reached a popular beach on Wednesday, authorities said, while also showing up in nearby waters as one local official blamed "human error" following a preliminary investigation into the incident. State oil company Petroecuador, which runs the Balao maritime terminal where the spill originated, said in a statement it had mobilized workers to contain it but did not disclose how much crude was unleashed into the ocean. The company added it had launched clean up efforts.

The World Court on Thursday rejected a lawsuit by Nicaragua seeking to define and expand its deep sea economic rights beyond those previously established in a long-running maritime border dispute over a trio of Caribbean islands with Colombia.Judges at the United Nations-linked World Court, or International Court of Justice, found that Nicaragua's offshore rights to 200 nautical miles (370 km) had previously been established, and rejected its call to extend the boundaries."Irrespective of any scientific and technical considerations…

Reported incidents of piracy and attacks on vessels are on the rise in key hotspot areas such as the Gulf of Guinea and Singapore Straits.Sixty-five incidents of piracy and armed robbery against ships were recorded globally in the first half of 2023, an increase from 58 incidents for the same period in 2022, according to a mid-year report from the ICC International Maritime Bureau (IMB). Of the 65 incidents reported, 57 vessels were boarded, four had attempted attacks, two were hijacked and two were fired upon. Perpetrators successfully boarded 90% of targeted vessels.

Offshore oil and gas exploration spending will increase more than 20% globally this year and the growth will continue into the next, oilfield services firm SLB said on Wednesday."Offshore is experiencing a renaissance, with significant breadth and anticipated durability," SLB Chief Executive Olivier Le Peuch said at the JP Morgan Energy Power and Renewable Conference, according to a draft of the speech posted on the company's website.SLB, the world's largest oil services and equipment provider, said it expects to see a long tail of activity with 65 lease rounds concluding globally this year, i

A major joint operation organised by the Australian Border Force (ABF), World Customs Organization (WCO), the World Shipping Council and the UN Office on Drugs and Crime (UNODC) has led to 43 arrests and more than 100 drug seizures, including 98,734 kilograms of cocaine and 314 kilograms of cannabis.58 countries were involved, and the ABF worked alongside officers from German Customs, United Kingdom Border Force, US Customs and Border Protection and the Dutch Customs Administration to deliver a series of coordinated strikes on organised crime.The operation…

Valero Energy Corp, the second-largest U.S. oil refiner, is seeking Washington's permission to import Venezuelan crude, according to four people close to the matter, hoping for a repeat of the approval granted to Chevron Corp in November after a four-year ban.President Joe Biden's administration has eased some U.S. sanctions on the OPEC-member nation in an effort to encourage a political dialogue with the country's opposition. That has led to further pressure from U.S., European and Asian energy firms…

Once again, SAAM Towage verified and fully offset the greenhouse gas emissions from its Colombian operations. The measurement process, certified by Bureau Veritas, considered all direct emissions and all indirect emissions from energy consumption, transportation and products and services used by the organization.“We operated sustainably to benefit our planet and our community, and to generate value for our customers and strategic partners. We have become more and more efficient at using our resources…

Spanish police seized 4.5 tonnes of cocaine with an estimated street value of 105 million euros ($114 million) after raiding a cattle ship off the Canary Islands earlier this week, a statement said on Saturday.The ship had stopped at ports in about a dozen countries before Tuesday's raid, and police said drug smugglers had started using livestock ships because it was more difficult for police to trace their illicit cargo."International organisations are reinventing themselves to transport drugs from Latin America to Europe, using livestock to make the control and localisation more difficult," the Spanish police statement said.Police arrested 28 crew members on the Togo-flagged Orion V, which had been trailed from Colombia in an operation by Spanish authorities, the U.S.

The CMA CGM Group said this week it had received the arrival of the CMA CGM Argentina containership as its largest vessel to call at the Honmoku D4 terminal in Yokohama, Japan.The containership is one of two 15,000-TEU series that the group has deployed on the weekly Asia Central South America 1 (ACSA1) service. Arriving from central and south America, the CMA CGM Argentina is now the largest containership to call a Japanese port on a regular service and has brought import shipments of fresh fruits from Ecuador and Guatemala…

The oceans are inextricably connected to the health of the planet, and of humans: they absorb up to 30% of annual greenhouse gas (GHG) emissions and 90% of excess heat, and over 3 billion people — almost half the global population — depend directly on marine and coastal biodiversity for their livelihoods.Healthy coastal ecosystems are also critical to the world’s ability to withstand the impact of climate change. Not only do mangrove forests, for example, hold four times the amount of carbon per hectare as tropical forests…

A former heavyweight boxer from Montenegro was charged by the U.S. Department of Justice on Monday with trafficking in 22 tons of cocaine worth over $1 billion, most of which was part of one of the largest cocaine seizures in American history.Goran Gogic, 43, was arrested on Sunday night while trying to board a flight to Zurich from Miami International Airport, after being indicted by a grand jury in New York.Prosecutors charged Gogic with three counts of violating the federal Maritime Drug Law Enforcement Act, and one count of conspiracy.

Swiss-headquartered shipping giant MSC Mediterranean Shipping Company SA continues to expand with an agreement to acquire towage provider Rimorchiatori Mediterranei.The company announced Sunday a deal through its wholly owned subsidiary SAS Shipping Agencies Services Sàrl to acquire 100% of the share capital of Rimorchiatori Mediterranei S.p.A. from Rimorchiatori Riuniti and a fund managed by DWS’s Infrastructure Investment business.Completion remains subject to the receipt of approvals…

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Monday as rates for larger vessel segments increased.The overall index, which factors in rates for capesize, panamax, supramax shipping vessels, was up for the fourth consecutive session, gaining 43 points, or about 3.5%, at 1,256.Market conditions are expected to improve for the rest of 2022 and further in 2023 as the EU's ban on Russian coal will add tonne miles, as Russian coal is likely to be replaced by imports from U.S.…

The 2022 biennial, multi-national Rim of the Pacific's (RIMPAC) exercise has come to a close.This year’s exercise with the theme of “Capable Adaptive Partners,” featured 26 participating nations and 38 surface ships, three submarines, more than 30 uncrewed systems, approximately 170 aircraft, and more than 25,000 personnel.RIMPAC 2022 featured a wide range of capabilities--projecting the inherent flexibility of maritime forces and helping to promote a free and open Indo-Pacific, and took place in and around the Hawaiian Islands and Southern California, June 29 to Aug.

The Baltic Exchange's main sea freight index , tracking rates for ships ferrying dry bulk commodities, logged its first weekly gain since mid-June, as a jump in capesize rates outweighed declines in other vessel segments.The overall index, which factors in rates for capesize, panamax, and supramax shipping vessels, was up 140 points, or nearly 7%, at 2,150 points, its highest since July 4. It rose 4% for the week.The capesize index rose 462 points, or 18.8%, to 2,919 points, its highest since June 20.

Despite all of the challenges that COVID-19 has wrought upon the marine industry, SAFE Boats International has managed to keep building and delivering boats to its customers. A snapshot of the last six months has seen the Bremerton, Wash. boatbuilder deliver more 30 boats, and it has a healthy backlog to keep busy for the next year and beyond. Its range of boats and customers runs from small to large, and deliveries stretch across the globe.Below are highlights of vessels SAFE…

SAAM Towage and Caterpillar Marine signed a global services agreement aiming to help boost the efficiency of the fleet of tugs operated by the Americas towage services provider. This will be accomplished using digital solutions for planned and preventative maintenance.According to SAAM’s Technical Manager, Pablo Cáceres, “This partnership will let us continue to focus on providing safe, efficient and more environmentally friendly services. It will also strengthen our digital transformation strategy.”The agreement calls for ongoing review of more than 200 Cat engines…