Sea Harvest lists on JSE
23 March 2017
SOUTH AFRICA: The Sea Harvest Group (SHG) listed on the Johannesburg Stock Exchange (JSE) on March 23, 2017 with 42 percent of the company floated at a trading price of R12,50 per share raising R1,33 billion, resulting in a group market capitalisation of 3,14 billion. The money raised will be used to pay down debt and fund growth both locally and internationally allowing it to fulfil its vision of becoming a diversified global seafood company.
South Africa seeks retribution against K-Line
06 March 2017
SOUTH AFRICA: The Competition Commission of South Africa has referred for prosecution to the Competition Tribunal, Kawasaki Kisen Kaisha Ltd (K-Line), a Japanese company operating in South Africa, for price fixing, market division and collusive tendering involving the transportation of Toyota vehicles from South Africa to various regions. This follows an investigation that K-Line, Mitsui O.S.K Lines, Nippon Yusen Kabushiki Kaisha and Wallenius Wilhemsen Logistics behaved collusively in this regard.
Marine Spatial Planning Bill to be introduced to Parliament
28 February 2017
SOUTH AFRICA: Cabinet has approved the submission to Parliament in 2017 of the Draft Marine Spatial Planning Bill. The Bill seeks to provide a legal framework for the development of a marine spatial planning system that promotes economic growth; and is facilitated by coordinating planning across multiple sectors.
Interest in Gabon field
22 February 2017
GABON: Panoro Energy ASA subsidiary Pan-Petroleum Gabon BV will sell 25 percent working interest in the Dussafu Production Sharing Contract in Gabon to BW Energy Gabon Pte Ltd (a subsidiary of BW Offshore Limited) for a total cash consideration of US$12 million. At closing of the transaction, Panoro will receive US$ 11 million in cash. The remaining US$1 million in cash will be paid no later than December 2017.
Dredging in Maputo channel completed
22 February 2017
MOZAMBIQUE: A ceremony to mark the completion of dredging of the access channel to the port of Maputo from 11 to 14.4 metres was held in February. The port can now receive capesize ships, helping to position it as a port of choice in the southern Africa region. Jan de Nul undertook the dredging project over a period of eight months from May to December 2016.
South Africa to honour SS Mendi soldiers
21 February 2017
SOUTH AFRICA: South Africa will today honour and remember members of the South African Native Labour Corps (SANLC) who lost their lives during the sinking of the SS Mendi 100 years ago. On the fateful morning of 21 February, in the icey water off Southampton, another ship, the SS Darro, collided with the SS Mendi, which went down within 20 minutes. About 616 South Africans, of which 607 were black troops, plus 30 crew members, mostly from Britain, died in the tragedy. About 139 of the soldiers who died - in what has been described as one of the 20th century's worst maritime disasters in UK waters - were from the Eastern Cape.
Fishing vessel ablaze in Cape Town harbour
18 February 2017
SOUTH AFRICA: A Korean fishing vessel, the No 101 Geumjeong, caught fire at the repair quay in the port of Cape Town today. The Cape Town Fire Department was called to the scene and supported Transnet National Ports Authority. The South African Maritime Safety Authority is due to complete a casualty investigation.
Fifth tug launched in TNPA newbuild project
13 February 2017
SOUTH AFRICA: The fifth of nine tugs currently being built at Southern African Shipyards in Durban was launched today. The project is now over 80 percent complete with the final tug due to be launched in early 2018. The new tug, the Ukhozi, will serve the Port of Richards Bay.
Container vessel on fire off South African coast
13 February 2017
SOUTH AFRICA: A fire in hold No4 of the APL Austria forced the Liberian flagged vessel into the port of Ngqura. The vessel was granted permission to enter the port once the blaze had been bought under control. Three Transnet National Ports Authority tugs assisted with the fire fighting operation.
Sea Harvest to list on JSE
08 February 2017
SOUTH AFRICA: Sea Harvest Group has confirmed its plan to list on the Johannesburg Stock Exchange (JSE) by the end of March 2017. The Group was established in 1964 and has operations in South Africa and Australia with aspirations of becoming a diversified global seafood business.
Skipper dies when TNPA vessel capsizes
05 February 2017
SOUTH AFRICA: The South African Maritime Safety Authority has begun an investigation into the incident that lead to the death of the skipper on a Transnet National Ports Authority (TNPA) launch, the Troupant, that capsized some 300 metres off Cape Town over the weekend. Two crewmembers were rescued by another TNPA vessel, the Blue Jay, and treated for shock and non-fatal drowning symptoms. The Blue Jay towed the capsized vessel back into the Port of Cape Town and secured her alongside where she was refloated.
Namport signs MOU with Lawhill
24 January 2017
SOUTH AFRICA: The Namibian Port Authority (Namport) has signed a Memorandum of Understanding (MOU) with Simon’s Town School’s Lawhill Maritime Centre in a commitment to investing in the future maritime generation.
Milestone in Maydon Wharf project
16 January 2017
SOUTH AFRICA: Transnet National Ports Authority’s (TNPA) six-berth reconstruction project at the Maydon Wharf Precinct in the Port of Durban has reached another milestone with Berth 13 and 14 now deeper and safer for bigger ships calling at the port. On Friday 13 January the Port of Durban serviced Bright Sky, the first vessel to use the common-user berth 14 after reconstruction of both the berths and a handover to port’s operations. Both berth 13 and 14 are now fully operational.