Angola

Chinese Demand for Angolan Oil Revives Ahead of IMO 2020

Angolan oil sales are bouncing back from a dull summer as Asian refining margins have recovered and demand is rising ahead of IMO 2020 a major change in marine fuel standards, reports Reuters.

Strong september

Crude from Africa’s second-largest exporter after Nigeria flowed to its top customer China in the lowest volumes in nearly five years in July, Refinitiv Eikon data shows.

One major seller of Angolan crude said:

  • August is shaping up to be even weaker than June and July, but September has a...

http://mfame.guru/chinese-demand-for-angolan-oil-revives-ahead-of-imo-2020/

FH Bertling Ltd fined £850,000 as bribery case comes to a close

German forwarder FH Bertling’s former UK subsidiary was this week handed an £850,000 fine by a UK judge after being found guilty of paying bribes to Angolan officials that had secured the company some £20m in freight forwarding contracts.
Seven FH Bertling Ltd executives were found guilty in the case in January.
Announcing the penalty this week, Judge Christopher Hehir said: “This was a very serious piece of corruption indeed. It was …

The post FH Bertling Ltd fined £850,000 as bribery case...

https://theloadstar.com/fh-bertling-ltd-fined-850000-as-bribery-case-comes-to-a-close/

OCTOMAR Serviços Marítimos takes delivery of Damen Fast Crew Supplier 2206

The Fast Crew Supplier (FCS) 2206

 OCTOMAR Serviços Marítimos takes delivery of Damen Fast Crew Supplier 2206

Independent Angolan diving services company OCTOMAR Serviços Marítimos Limitada has taken delivery of its first vessel from the Damen Shipyards Group; a Fast Crew Supplier (FCS) 2206. The vessel was selected for its ability to undertake a variety of roles, including supporting diving operations and deploying an observation class ROV operations to undertake subsea inspections and repair...

http://www.allaboutshipping.co.uk/2019/05/23/octomar-servicos-maritimos-takes-delivery-of-damen-fast-crew-supplier-2206/

Bureau Veritas marks remote survey first with Kongsberg Maritime in Bourbon’s ‘Smart Ship’ project

Bourbon 508, an OSV stationed off Angola

Bureau Veritas marks remote survey first with Kongsberg Maritime in Bourbon’s ‘Smart Ship’ project 

  • Bureau Veritas has successfully completed the first remote inspection and audit survey using Kongsberg’s DP Digital Survey solution on ‘Bourbon 508’, an OSV stationed off Angola 
  • MAC, a Bureau Veritas company, specialized in DP (dynamic positioning) systems, was deployed to help Bourbon and Kongsberg Maritime to help ensure the functionality, availability...

http://www.allaboutshipping.co.uk/2019/03/21/bureau-veritas-marks-remote-survey-first-with-kongsberg-maritime-in-bourbons-smart-ship-project/

Port development project in Angola

Toyota Tsusho Corporation (“Toyota Tsusho”) has signed a contract with the Ministry of Transports of the Republic of Angola for the comprehensive development of Namibe Bay. This will be Toyota Tsusho’s first port development project in Angola. The contract amount is approximately 70 billion yen; part of the value is scheduled to be financed by the Japan Bank for International Cooperation (JBIC) and private financial institutions which will include Export Credit Line from the Nippon Export and...

http://container-news.com/port-development-project-angola/

Japan takes aim at Belt, Road with its largest port project destined for Angola

Japan is pushing ahead with its largest ever overseas port development, which flies in the face of neighbour China’s One Belt, One Road initiative. Trading house Toyota Tsusho and state-run Japan Bank for International Cooperation are joining forces to raise funds for a huge port in southern Angola...

https://splash247.com/japan-takes-aim-at-belt-road-with-its-largest-port-project-destined-for-angola/

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