West Africa
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Shipbuilding
West Africa now drives one in seven cape cargoes
Recent data from Jefferies reveals that West Africa now accounts for 14% of capesize liftings, a significant increase from just…
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Shipbuilding
Freight Market Faces Decline Amid Weak Demand
The Baltic Dirty Tanker Index (BDTI) has seen a significant downturn, dropping 15% over the past month, effectively reversing the…
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Shipbuilding
Subsea 7 hot streak continues with West Africa contract
Subsea 7, a prominent player in offshore engineering and services, has announced its third contract award in a span of…
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Shipbuilding
Russian line founded with focus on West Africa
Andrei Severilov, the former chairman of FESCO, has launched a new shipping venture aimed at enhancing trade connections between West…
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Bulk Carrier
Prices for vintage capes rise
Prices for vintage capesize bulk carriers are experiencing a significant uptick, with spot rates soaring by approximately 300% in just…
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Shipbuilding
Ghana’s potential as a maritime logistics hub for West Africa
Ghana’s maritime sector is rapidly evolving into a key player in regional trade and economic transformation. With a strategic location…
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News
BP Achieves First Gas at Major West Africa Offshore Project
Senegal and Mauritania are on the brink of becoming significant players in the global natural gas market. This transformation follows…
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Shipbuilding
Atlas Marine to launch new commercial maritime route connecting Agadir, Dakar
Morocco has taken a big step to strengthen trade with West African nations. On Wednesday, officials signed an important agreement…
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Decarbonization
LR awards AiP to MARIC for 360,000 DWT ammonia-fuelled VLOC
Lloyd’s Register (LR) has granted Approval in Principle (AiP) to the Marine Design & Research Institute of China (MARIC) for…
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News
PGS finds partner to improve seismic data interpretation
Norwegian seismic acquisition specialist PGS has enhanced its on-demand seismic data interpretation capabilities through a new collaboration with Austin-based energy…
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