By Paul Burkhardt (Bloomberg) --Total SA has deployed a rig to South Africa to look for more oil near a massive discovery, in a rare example of exploration in a frontier area. The Odfjell Deepsea Stavanger has left Bergen in Norway for the southern tip of Africa, Africa Energy Corp., Total’s partner in the project, said Thursday. While drilling work has dropped off … [Read more...]
CMA CGM to Impose Emergency Surcharge at Cape Town Port
By Wendell Roelf CAPE TOWN, June 30 (Reuters) - CMA CGM, the world's fourth-largest container shipping line, will impose emergency congestion surcharges at Cape Town port in July due to disruptions caused by the coronavirus, it has told customers. From July 1 until further notice, it will impose a surcharge of $550 for 20-foot containers and reefers and a $1,100 surcharge … [Read more...]
Distressed VLCC at Anchor Off South Africa
The South African Maritime Safety Authority (SAMSA) is responding to a VLCC in distress off the port of St. Johns. The Chinese-flagged tanker, MT Yua Hua Hu, is currently at anchor in 35 meters of water with a tug attached to the stern providing a "static tow". AMSA reports that the VLCC’s anchor is holding. A larger tug is expected to arrive Saturday to tow the tanker to … [Read more...]
South Africa Says Ports Remain Open Despite Lockdown
Port of Durban. Photo: michaeljung / Shutterstock JOHANNESBURG, April 1 (Reuters) - South Africa's ports remain open to all types of cargo despite a nationwide 21-day lockdown though essential goods should be prioritised, the Department of Transport said in a notice. "(The) government has now decided that in the interest of ensuring a functional supply chain across … [Read more...]
South African Port Closures Add to Commodity Market Turmoil
Port of Durban. Photo: michaeljung / Shutterstock By Helen Reid and Zandi Shabalala JOHANNESBURG/LONDON, March 26 (Reuters) - South Africa's main export terminals will close to mineral exports from midnight, when a nationwide 21-day lockdown to try to contain the coronavirus begins, disrupting copper and cobalt supplies from the Democratic Republic of Congo and … [Read more...]