Is neo-colonialism in the Gulf of Guinea the answer to West Africa’s maritime crime crisis?In October 2020, China’s transport ministry established an ad hoc workgroup to lay down precautionary measures for ships and seafarers passing through high piracy risk West African waters.The move came as China told its vessels to up vigilance and implement a series of precautionary measures to ensure the
Chinese ports are struggling to unload record volumes of crude with storage tanks full after the country rushed to buy extra barrels during April's oil price crash, according to traders and shipping data seen by Reuters.More than 80 million barrels of crude oil are currently waiting to be discharged from tankers in Chinese ports, Refinitiv Eikon data showed.
Maritime safety intelligence firm Dryad has cited reports according to which the containership Maersk Regensburg was illegally boarded by one individual at the Banana Anchorage 3nm from shore in Congo.According to Dryad's report on Monday, the duty crew on deck spotted the intruder on board removing lashing from a deck. The alarm was raised, and the crew mustered.
South Africa's ports remain open to all types of cargo despite a nationwide 21-day lockdown though essential goods should be prioritized, the Department of Transport said in a notice."(The) government has now decided that in the interest of ensuring a functional supply chain across all ports, that all cargoes will be accepted for loading and off-loading," said the notice, which was dated March 31.
Energy trader Gunvor Group returned to profit in 2019 after its first net loss a year earlier, helped by record earnings in its U.S. division, and said business so far in 2020 remained strong.The Geneva-based firm, which reported a 2019 net profit of $381 million after a loss of $330 million in 2018