Mombasa Port waives storage fees

Kenya Ports Authority has said it will not charge storage fees that accrued as a result of delays in cargo clearance during recent industrial action by dockworkers.
Mombasa port managing director Gichiri Ndua said the authority would not charge exporters and importers because they were not the

Woodside revenue plunges 46.5%

Australia’s Woodside yesterday reported a 46.5% drop in revenue in the second quarter ending June 30 to USD898 million. This is almost half of the USD1.7 billion for the same time last year. Sales dropped 18.4% from 23.9 million barrels of oil equivalent (MMboe) to 19.5 MMboe, as oil and gas prices

Sinopacific wins bid for 9 AHTS vessels

Sinopacific Shipbuilding Group (Sinopacific) has won the bid for the construction of nine anchor handling tug supply (AHTS) offshore vessels for Abu Dhabi National Oil Company (ADNOC) and its wholly owned subsidiary, ESNAAD.
Sinopacific will deliver all the newbuildings in 2017, Sinopacific said on