Maritime
Ahead of 2017/18 The Russian gas giant Gazprom has signed an 8-year contract with Pegasus shipping to charter a ‘clean energy’ vessel that will mainly be used to transport volumes from Cameroon’s liquid natural gas (LNG) project, slated to come on-stream by mid-2017. This follows Gazprom’s partnership with the National Hydrocarbon Company of Cameroon (SNH)
A leading enabler of global trade Dubai Ports (DP) World, which operates marine and inland terminals across six continents, is looking to turn the West African city of Dakar in Senegal into a key logistics hub. The chairman and CEO of DP World has reiterated the company’s readiness to be part of the massive change
President Ouattara declares Cote d’Ivoire open for business Cote d‘Ivoire is open for business to all investors according to its President Alassane Ouattara. Speaking at the US- Africa Business Forum in New York this week President Ouattara said it did not matter if investors were from China, the Middle East or the US but the focus
57 vs 66 The volume of crude oil being shipped to Asia from West Africa has moderated this September. This is according to a Bloomberg survey of traders which predicts cargoes will fall to 1.79 million barrels a day down over 10% from August. 57 cargoes are expected to be shipped to Asia from Angola,
Expectations are running high as the African Union’s Extraordinary Summit on Security, Maritime safety and Development in Africa approaches. The five-day conference will be held in Lome, Togo from October 10 – 15. West Africa, and the Gulf of Guinea in particular, have been plagued by a myriad of maritime security related issues, from piracy to