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Posted: Dec 5, 2023

Is Africa ready to implement cabotage laws?

Cabotage conference glosses over the question of cabotage for Africa

Attending the Africa Maritime Cabotage and Blue Economy Conference hosted by the Republic of Kenya last month, Unathi Sonti, chairperson of the Maritime Business Chamber reflects on the discussions that dominated the event and highlights key outcomes aimed at unlocking the African Continental Free Trade Area (AfCFTA)’s potential by rethinking the maritime cabotage and blue economy model to improve connectivity.

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Posted: Dec 4, 2023

IMO roll-call vote adopts resolution against Russian Federation

Majority votes in favour of TCC resolution

INTERNATIONAL: Following the decision to postpone the roll-call vote requested by the Russian Federation on Friday, the International Maritime Organisation (IMO) Assembly today undertook to finalise a decision on whether to adopt a resolution put forward by the Technical Cooperation Committee that condemns the Russian invasion of Ukrainian territories as well as the resultant impact on international shipping in the region, maritime infrastructure and global food security.

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Posted: Dec 4, 2023

Russia’s demand for a roll-call vote under scrutiny

IMO Assembly to reconvene on Russia question today

The International Maritime Organisation Assembly (IMO) is expected to consider a request from Russian Federation to vote on a question of whether the Technical Cooperation Committee (TCC’s) can be used as an instrument for penalising a Member State when they reconvene today. Editor, Colleen Jacka, takes a look at the question being posed.

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Posted: Dec 2, 2023

Four African members elected to IMO Council

IMO Council 2024-2025 biennium

Yesterday’s election yielded the anticipated results in Category A and B of the International Maritime Organisation’s Council, while a hotly contested Category C left one of the African candidates disappointed with the results.

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Posted: Dec 1, 2023

Angola rejects OPEC production quota

Focusing on production for economic growth

ANGOLA: Diamantino Pedro Azevedo, Angola’s Minister of Energy and Mineral Resources, confirmed the nation’s decision to reject the proposed production quota of the Organisation of the Petroleum Exporting Countries (OPEC) for 2024.

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Posted: Dec 1, 2023

Gulf of Aden piracy incident averted

Naval efforts thwart attack on oil tanker

GULF OF ADEN: A skiff and its crew were taken into custody following a united response to reports of a seizure of an oil tanker in international waters this week.

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Posted: Nov 30, 2023

Local Nigerian company to gain oil and gas assets

Equinor sells its Nigerian business

NIGERIA: Equinor and Chappal Energies have entered into an agreement for the sale of Equinor Nigeria Energy Company (ENEC), which holds a 53.85% ownership in oil and gas lease OML 128, including the unitised 20.21% stake in the country’s largest deep-water field, Agbami, operated by Chevron.

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Posted: Nov 30, 2023

Assessing the impact of steel mill closure

ArcelorMittal’s Newcastle mill closure

SOUTH AFRICA: The imminent closure of the ArcelorMittal Newcastle ‘long’ steel products operation in Newcastle, KwaZulu-Natal, is likely to cause considerable turbulence within the local steel sector, with potential projected ‘knock-on’ effects including product shortages, quality issues and even price increases, according to Southern African Institute of Steel Construction (SAISC) Chief Executive Officer, Amanuel Gebremeskel.

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Is there still a Master Plan for the Ocean Economy? 
As the lead department in developing the Ocean Economy Master Plan, it should be cause for alarm that the OEMP was not mentioned in the Portfolio Committee meeting in April to discuss the Department of Forestry, Fisheries and the Environment's five year plan. 
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