Transnet National Ports Authority (TNPA) at the Port of Saldanha recently led the marine operation of safely and skilfully navigating into the port Oiltanking MOGS Saldanha (RF) (Pty) Ltd’s (OTMS) very first tanker vessel, MT Sonangol Cabinda. The vessel, on its maiden call to the port, brought in approximately 143,000 cbm (900,000 barrels) of crude oil as part of the commissioning of OTMS’s new crude oil terminal in Saldanha on Saturday, 17 April 2020.
The new crude oil terminal is situated...
After turning the first sod for the new liquid bulk Tank Farm in the Port of Ngqura early last year, Transnet National Port Authority (TNPA) is on track with its part of the development.
The civil work at Berth B100, which includes the paving of the berth, is expected to be completed in August 2020. The surfacing of the 15 000 m² area covers 50% of the Multi-Purpose Terminal, which is the area dedicated for the liquid bulk berth operations. “The completion of the paving will represent a step...
http://www.sashippingnews.com/2020/04/29/a-step-closer-to-port-of-ngqura-liquid-bulk-dream/
So there is a silver lining to every cloud … and with coronavirus it is that oil prices have taken a tumble. The lack of demand has triggered Saudi Arabia and Russia to start a price war – oil prices fell more than 30% this morning, although it has now recovered slightly. The fall is the largest...
https://theloadstar.com/oil-down-21-biggest-drop-in-decades-follows-saudi-price-cuts/
Nduna Maritime and Sasol have entered into a R400 million enterprise and supplier development (ESD) funding agreement through the Sasol Siyakha Trust, in South Africa’s first locally-owned maritime vessel. This is Sasol Siyakha’s single largest funding agreement to date.
The specialised chemical tanker, named Bow Cecil, is the very first Republic of South Africa flagged vessel that will transport chemicals to international markets registered to carry the South African flag.
“We are particularly...
http://www.sashippingnews.com/2019/10/09/sasol-invests-in-first-south-african-owned-chemical-tanker/
The Port of Richards Bay welcomed the arrival of four new 5650-ton liquefied petroleum gas (LPG) storage bullets on Thursday, 12 September on board the vessel XIN LU.
The bullets are for the R1 billion, 22600-ton capacity mounded LPG facility which is being developed at the port by Bidvest Tank Terminals (BTT), a unit of the Bidvest Group. The terminal will store LPG on behalf of independent LPG specialist Petredec, which ships the fuel from the US and the Middle East.
Construction began in...
http://www.sashippingnews.com/2019/09/16/new-lpg-storage-tanks-arrive-at-port-of-richards-bay/
TransGlobal Projects (TGP) has appointed Martin Ollmann (pictured above) as its managing director for Germany.
Mr Ollmann will share the role with Christian Hager, both responsible for managing TGP’s latest acquisitions across Germany.
He joins from Conceptum Logistics, where he has been director of sales for the past two years.
Mr Ollmann was head of sales and business development for industrial projects at Deugro between 2011 and 2016, having joined from FH Bertling …
The post Martin Ollmann...
https://theloadstar.com/martin-ollmann-new-md-germany-for-transglobal-projects/
Mnambithi Group, through its subsidiary Nduna Maritime, has acquired the first 100% South African owned and 100% black-owned chemical tanker vessel, named Bow Cecil. The maritime vessel is the first chemical tanker to be acquired by a South African company and will soon be flagged locally.
The 37 000 dwt vessel, equipped with 47 tanks was acquired from Odfjell Chemical Tankers AS. The Bow Cecil called on the Port of Durban on 01 August 2019 for its inaugural load that is currently destined for...
The Deepsea Yantai, a semi-sub rig platform vessel, arrived in Mossel Bay on Monday, 5 August 2019. The rig travelled from Singapore and is currently anchored just outside of Port of Mossel Bay port limits, where it will undergo services and crew change before departing for Las Palmas in the Canary Islands.
Built in in the Bahamas in 2019 by Chinese rig builder CIMC Raffles, the Deepsea Yantai, previously called Beacon Atlantic, is managed by Odfjell Group. It has a gross tonnage of 24000 and a...
http://www.sashippingnews.com/2019/08/07/rig-platform-vessel-arrives-in-mossel-bay/
“DP World has continued its diversification strategy, today announcing it will acquire offshore oil logistics specialist Topaz Energy & Marine. It had agreed to buy the company, which operates a fleet of 117 offshore support vessels, from Renaissance Services SAOG and Standard Chartered Private Equity/Affirma Capital for $1.079bn, as it continues to expand beyond its core business of running ports.” – The Loadstar, 1 July 2019.
Mission: Rampant DP World is on …
The post On the wires: It’s...
https://theloadstar.com/on-the-wires-its-showdown-time-for-dp-world/
Dubai-headquartered terminal operator DP World has continued its diversification strategy, today announcing it will acquire offshore oil logistics specialist Topaz Energy & Marine.
DP World said it had agreed to buy the company, which operates a fleet of 117 offshore support vessels, from Renaissance Services SAOG and Standard Chartered Private Equity/Affirma Capital for $1.079bn, as it continues to expand beyond its core business of running ports.
Chairman Sultan Ahmed Bin Sulayem said: …
The...