News
As ships reroute to the Cape, African bunkering hubs benefit
8+ hour, 46+ min ago (708+ words) Posted to Maritime Reporter on March 23, 2026 The number of ships diverting around the Cape of Good Hope is increasing, as the Middle East war has reshaped global shipping routes. This boosts the role of Africa as a hub for bunkering....
Seadrill Awarded Contract Extension in Angola
1+ week, 9+ hour ago (197+ words) Seadrill has announced that Sonadrill Holding, its 50:50 joint venture with an affiliate of Sonangol E.P., has been awarded a contract extension. A seven-well priced option for the ultra-deepwater drillship Sonangol Quenguela has been exercised, extending operations in Angola by approximately 480 days…...
Livestock Carriers Delayed in Middle East
2+ week, 1+ day ago (518+ words) The NGO Robin des Bois is concerned about the thousands of seafarers currently stuck in the Middle East and about the approximately 70,000 animals stuck on livestock carriers. The livestock has been exported from South America, the European Union, and the…...
Sonangol Looks to Secure $4.8b Loan From China for Sea Port Refinery
3+ week, 5+ day ago (504+ words) Angola's state oil company Sonangol is talking to Chinese financial institutions to secure a $4.8 billion loan to partly finance the construction of a new refinery in the Atlantic sea port of Lobito, it said on Wednesday. The financing, if completed,…...
Argentina Accedes Cape Town Agreement, Entry into Force February 2027
3+ week, 6+ day ago (439+ words) Argentina accedes to the Cape Town Agreement, triggering its entry into force in 12 months. The 2012 Cape Town Agreement has met the requirements for entry into force and will enter into force in February 2027, closing a longstanding gap in the global…...
Eni Launches Hull for Coral North FLNG Offshore Mozambique
2+ mon, 1+ week ago (377+ words) Eni and its partners have launched the hull of the Coral North floating liquefied natural gas (FLNG) vessel, marking a key milestone in the development of Mozambique's offshore gas resources. Coral North will be the second floating LNG facility deployed…...
Green Hydrogen Retreat Poses Threat to Targets
8+ mon, 1+ day ago (1236+ words) Green hydrogen developers are cancelling projects and trimming investments around the world, raising the prospect of longer than targeted reliance on fossil fuels. The challenges facing the sector have exposed its initial ambitions as unrealistic. Hard-to-electrify industries that were seen…...
Angola finds offshore gas in its first gas-specific exploration hole
8+ mon, 1+ week ago (171+ words) Posted to Maritime Reporter on July 12, 2025 Azule Energy in Angola is a joint venture between BP, Eni and a consortium of local oil and gas companies. It discovered gas during its first exploration well for gas off the coast, according…...
ArcelorMittal South Africa delays plant closure following $92 million injection
11+ mon, 3+ week ago (184+ words) Posted to Maritime Reporter on March 31, 2025 ArcelorMittal South Africa has announced that it will delay the closure of the long-steel plants in its loss-making state until August 31, after receiving a $191.50-million injection from the Industrial Development Corporation. After failing to…...
Agogo FPSO to Reach Azule Energy’s Field off Angola in Mid-May (Photos)
10+ mon, 1+ week ago (196+ words) One of the world's most advanced offshore production assets, the Agogo floating production storage and offloading (FPSO) vessel, operated by Yinson Production for Azule Energy, made a scheduled technical stop at Walvis Bay in Namibia, while en route to a…...