Mozambique News

22 Jan 2020

Kotug Tugboats Rescue Drifting Box Ship

Image: Kotug International.

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…

22 Jan 2020

Containership Loses Steering After Engine Room Fire

(Photo: KOTUG International)

A containership lost steering off the coast of Mozambique on Monday after its crew put out an engine room fire on board the 680-foot vessel.Towage operator KOTUG International said two of its vessels responded after picking up a mayday call from the Marshall-Islands-flagged Em Oinousses, approximately 50 miles off the coast of Nacala, Mozambique, while en route from Maputo, Mozambique to Mombasa, Kenya.KOTUG said its Rotortugs RT Spirit and RT Magic carried out the salvage in high seas, making quick connections to the disabled vessel for tow into Nacala.

16 Dec 2019

Deepwater Investments to Grow +5% in 2020

Graph: 	Rystad Energy

Though overall global upstream investments in 2020 will decrease by around 4%, deepwater will be the only segment expected to grow above 5% next year, spelling a boom for the industry, said a report.Rystad Energy is forecasting that overall global upstream investments in 2020 will decrease by around 4%. Investments in shale/tight oil are expected to contract the most next year by almost 12%.Rystad Energy believes that the lower oil price and weaker cash flows will force shale companies to reduce activity.

09 Dec 2019

Ocean LNG Leads in Contracted Capacity

Graph: GlobalData

Ocean LNG has dominated in terms of long-term liquefied natural gas (LNG) import volumes for contracts signed by key purchasing companies for the year 2019, with almost 47% of the global contracted capacity.According to a report by GlobalData, Ocean LNG signed the biggest long-term LNG contract for 2019 with Golden Pass Products. According to the contract, Golden Pass Products will supply Ocean LNG with 15.6 million tonnes per annum (mtpa) of LNG for a period of 20 years, from 2024 to 2044.The gas will be supplied from the Golden Pass II LNG liquefaction terminal in Texas…

21 Nov 2019

US Signs Highest LNG Export Contract

Graph: GlobalData

US signed highest volume of global long-term liquefied natural gas (LNG)  export contracts in 2019, accounting for around a 67% of global share. Abundant shale gas production in the US has enabled the country to export natural gas as LNG. to global markets. According to GlobalData, the US has signed five long-term contracts in 2019 for the export of 22.3 million tonnes per annum (mtpa) of LNG. Of these, the contract signed between Golden Pass Products and Ocean LNG Limited had…

18 Nov 2019

Oil Majors to Raise $27Bln in Selling Spree

Pic: Rystad Energy

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…

18 Nov 2019

SAR Traning for African Women

Pic: International Maritime Organization (IMO)

Training for African women working in search and rescue (SAR) operations underwent at the Maritime Rescue Coordination Center in Rabat, Morocco (13-15 November).Thirteen officials from developing countries and Small Island Developing States took part in the first regional training course of this kind. The participating states were Côte d'Ivoire, Ghana, Kenya, Morocco, Mozambique, Nigeria, Republic of the Congo, Senegal, Seychelles and South Africa.The course included a practical…

08 Nov 2019

IMO Workshop on Protecting Seas in Africa

Pic: International Maritime Organization (IMO)

Designating an International Maritime Organization (IMO) Particularly Sensitive Sea Area (PSSA) is a recognition that the identified area may be vulnerable to potential impacts of international shipping.In a PSSA, associated protective measures can be proposed and adopted, such as ship routeing systems, for example, areas to be avoided by ships or no-anchoring areas. But first, the area needs to be identified.A sub-regional workshop in Nosy-Be, Madagascar (5 -7 November) is helping participants from Kenya…

22 Oct 2019

Essar Ports Posts 20% Cargo Growth

Pic: Essar Ports

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.

21 Oct 2019

46 Countries Support Torremolinos Declaration

Pic: International Maritime Organization (IMO)

The Cook Islands and Sao Tome and Principe have become the latest States to become Party to the Cape Town Agreement on fishing vessel safety.These small nations deposited their instruments of accession during the Torremolinos Ministerial Conference on Fishing Vessel Safety and Illegal, Unreported and Unregulated (IUU) Fishing (21-23 October).At the same time, they joined 44 other countries (46 in total) signing the Torremolinos Declaration, a non-legally binding political instrument.By signing the Declaration…

21 Oct 2019

DP World: Djibouti Dispute Hurts Firm's Borrowing Ability

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

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.

15 Oct 2019

Mozambique LNG Project Moves Ahead

Image: Mozambique LNG project

With a second Final Investment Decision (FID) in just 2 years, Mozambique has officially positioned itself as a key player in the global gas and LNG market for years to come.The latest FID on the US$20 billion Mozambique LNG project, makes it the largest sanction ever in sub-Saharan Africa oil and gas.Described by His Excellency President Nyusi as “one of the most important and transformational projects in the country’s history”, Mozambique LNG is set to be a game-changer for this East African nation of 31 million people.According to Wood Mac…

09 Oct 2019

Mozambique Awards Rovuma LNG Project Gig

Pierre Bechelany (center), Fluor's president of Pipelines & LNG, signs contract. (Photo: Business Wire)

Mozambique Rovuma Venture (MRV) has awarded an engineering, procurement, and construction contract to a consortium of Fluor, JGC, and TechnipFMC for its Mozambique Rovuma LNG Phase 1 project in Cabo Delgado, Mozambique.MRV, a joint-venture composed of Eni, ExxonMobil and CNPC, holds a 70% interest in the exploration and production concession of Area 4, with Galp, Kogas and Empresa Nacional de Hidrocarbonetos (ENH) each holding a 10% interest.The Rovuma LNG Project will produce…

22 Sep 2019

E. Africa Focus on Marine Environ Protection

Pic: International Maritime Organization (IMO)

International Maritime Organization (IMO) has been working with southern and eastern African countries to help implement marine environment protection measures contained in one of the organization’s flagship treaties – MARPOL.A workshop held in Mombasa, Kenya (17-19) gathered participants from 12 countries to focus on MARPOL Annexes I to V, and in particular the regulations covering garbage discharge from ships and adequacy of port reception facilities. The participating countries were - Angola…

20 Sep 2019

Vitol, ENH Form LNG Trading JV

Image: Vitol

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…

18 Sep 2019

Boskalis Unit Scores Mozambique FLNG Gig

Pic: ENI

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…

10 Sep 2019

Polish Coast Guard Boards Greenpeace Ship in Coal Protest

Photo courtesy of Greenpeace.org

Armed Polish border guards boarded a Greenpeace ship blocking a delivery of coal in the port of Gdansk late on Monday and detained two activists, officials said on Tuesday.The environmental group said it staged the protest to highlight Poland's continued dependence on air-polluting coal and to pressure it to phase out coal as a source of energy by 2030.Greenpeace's Rainbow Warrior arrived in Gdansk at 1600 GMT on Monday and the ship anchored around midnight, trying to prevent a shipment of coal from Mozambique from being unloaded…

30 Aug 2019

MOL, Karpowership Announce KARMOL

Pic: MOL

Mitsui OSK Lines (MOL) and Turkish company Karadeniz Holding announced that MOL and Karpower International B.V. have agreed to jointly carry out the first LNG-to-Powership project under the co-brand “KARMOL”According to the Japanese LNG shipping company, KARMOL will deploy an FSRU and a powership – a floating power station – to aid the national grid of Mozambique.This LNG-to-Powership project consists of the collaborative operations of the FSRU to deliver regasified LNG and the Powership to receive regasified LNG in order to produce electricity…

22 Aug 2019

Privinvest’s Deliveries to Mozambique: A Model for Africa

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.

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…

22 Aug 2019

Essar Ports Posts Robust Growth

Image: Essar Ports

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…

21 Aug 2019

African LNG to Attract $103Bln in 2019

Pic: GECF

With greenfield investments in Nigeria, Egypt, Mozambique and elsewhere reaching nearly $103 billion this year, it is clear that liquefaction is viewed as the most profitable strategy for realizing Africa’s gas potential, said Gas Exporting Countries Forum (GECF).Africa is an exciting frontier in the global natural gas sector. The continent holds 7.1 percent of proven global gas reserves and is expected to contribute nearly 10 percent of global production growth through to 2024.Nigeria accounts for over 50 percent of current LNG production capacity on the continent.

21 Aug 2019

LNG Market Recovers in Q2, Says Flex LNG

Pic: Flex LNG

During the second quarter 2019, spot liquefied natural gas (LNG)  freight rates stabilized and started gradually to recover, says Flex LNG, the owner of LNG carrier vessels and floating storage regasification units (FRSUs).Unseasonably slow demand in Asia over the winter due to fewer heating days caused by warmer weather, and cooler weather than normal in key demand areas early in the summer coupled with ample supply growth from new liquefaction continued to weigh on global LNG prices.The on-going trade dispute between the U.S.

05 Aug 2019

Saipem Joins JV for Arctic LNG2 Project

Image: Novatek

Italian oil and gas industry contractor Saipem reached a deal on Friday to participate in a joint engineering venture for a liquefied natural gas (LNG) project in the west of Siberia.The subsidiary of Eni said in a press release that it has has reached an agreement with Technip France SA and NIPIgaspererabotka to participate in the Joint Venture for the realization of the Arctic LNG2 project.The project has been awarded by Arctic LNG2, a company formed by Novatek JSPC (60%) and Ekropromstroy Ltd (40%).It comprises the detailed design…

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