Tuesday, October 27, 2020
Offshore

Offshore

Italy joins countries where LNG ship-to-ship bunkering is happening

Italy has joined the growing list of countries where ship-to-ship bunkering of liquefied natural gas (LNG) has been undertaken. Once considered a rarity, these bunkering operations are becoming increasingly common as more countries and ports develop the protocols to...

US announces new sanctions on Iranian shipping companies

The United States has announced new sanctions on Iran's state-owned oil and shipping companies, doubling down on its existing measures in the final days before the US presidential election. Since 2018, the US has prohibited any transaction with Iran's oil,...

NIWA to begin trial barging of containers from Onne to Onitsha Port

The National Inland Waterways Authority (NIWA), says it has commenced trial movement of containers from Onne Port to Onitsha River Port by barges. The spokesman for the agency, Jibril Darda who disclosed this on Wednesday, said the operation would also...

Maersk Drilling awarded two-well jackup contract by Dana Petroleum

Maersk Drilling has secured a contract from Dana Petroleum Netherlands to drill two development wells as part of Project Unity in the Dutch sector of the North Sea. The contract is scheduled to commence in the second quarter of 2021,...

Covid-19 outbreak at Qingdao port worries Chinese authorities

Qingdao, the major port China has chosen to pilot the easing of crew change regulations, is at the centre of a worrying Covid-19 outbreak, Splash 247 reports. Two workers at the northeastern port have come down with asymptomatic infections of...

Crew costs to rise 10-15% this year due to Covid-19 – Maritime Consultants

Crewing costs are expected to rise in the region of 10-15% this year due to the Covid-19 pandemic, according to world renowned maritime consultants, Drewry. “We are expecting the impact of Covid-19 to be significant this year with somewhere in...

US President Donald Trump expands offshore drilling ban to cover 3 southeast states

The United States President Donald Trump has signed an executive order to extend a drilling moratorium for Florida's Gulf Coast. The order also expands the moratorium's coverage to include previously unprotected waters off the Atlantic coast of South Carolina,...

GC Rieber to transfer fleet management business to OSM

Norwegian offshore vessel owner and manager GC Rieber Shipping, has signed an agreement to transfer its fleet management services business to OSM Maritime Group, so as to pave way for it becoming a pure shipowner. Under the signed agreement, GC...

DP World and Canadian fund commit additional $4.5bn to port investment platform

Dubai-based port operator DP World and its Canadian partner, Caisse de dépôt et placement du Québec (CDPQ), an institutional investor, have committed an additional $4.5bn investment to expand the ports and terminal network they own and operate. The additional funds...

Only 8 of 41 tank farms in Lagos have licenses to operate – State...

The Lagos State Government has revealed that only eight of the 41 tank farms operating in the state have planning permits authorizing their establishments. The Commissioner for Physical Planning and Urban Development in the state, Idris Salako, who made this...

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Nigeria’s Oil Production Below Budget Benchmark- OPEC

...OPEC sees tighter 2019 market as Nigeria, others defy cuts. Organisation of the Petroleum Exporting Countries (OPEC), has forecast a much tighter market in 2019,...

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