SOUTH AFRICA: After the successful disposal of Grindrod Bank to African Bank at the end of last year, Grindrod Limited announced sound financial gains in its core operations with Ports and Terminals reporting a 37% increase in headline earnings. 

SOUTH AFRICA: In what may well be one of the most significant maritime foreign investment transactions for the year, iconic catamaran builder, Robertson and Caine, is to be acquired by Vox Ventures a wholly owned subsidiary of PPF, a leading investment firm in Europe with its roots in the Czech Republic.

SENEGAL: Greenpeace Africa is calling on West African governments to strengthen surveillance of the region's oceans and protect fisheries against all forms of illegal, unreported and unregulated fishing. 

ANGOLA: Azule Energy has awarded a large subsea contract to Subsea 7 within the framework of the Agogo Integrated West Hub Development Project, offshore Angola.   

KENYA: President William Ruto has announced plans to invest in necessary infrastructure development that will unlock the potential of the blue economy at the coast with the aim of creating employment for those at the “bottom of the economic pyramid.”

NAMIBIA: Impact Oil & Gas Limited’s move to accelerate the development of the Venus discovery while exploring for additional resources in the Orange Basin is aimed at accelerating offshore exploration along Namibia’s coast.

SOUTH AFRICA: Building on the EThekwini Maritime Cluster’s (EMC) previous training programme, the Cluster partnered with Sandock Austral Shipyards (SAS) to launch a six-week training initiative for 10 boatbuilding beneficiaries in Durban this month. 

NIGERIA: Representing a ninth order with the French shipbuilder, the Nigerian Navy has renewed it’s connection with Ocea with an order for the design and manufacture of a fleet of patrol boats consisting of 14 vessels.