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Tuesday, August 19, 2025
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CATEGORY

Namibia

Lloyd’s Register appoints new Business Director and Senior Representative for Africa

This strategic move underscores LR’s commitment to strengthening its presence and expanding its influence across Africa’s maritime industry.Lloyd’s Register (LR) has announced the appointment...

Africa’s ship market to reach $615 million by 2035: IndexBox report

A report by IndexBox shows Kenya, Sierra Leone & Nigeria lead in ship market value, with Sierra Leone topping per capita use. Africa’s...

Namibian-Canadian duo secures another year of Orange Basin exploration

The National Petroleum Corporation of Namibia (NAMCOR) and Giraffe Energy Investments, an affiliate of Canada’s Sintana Energy, have obtained an extension for a production...

Shell receives environmental authorisation to drill off South Africa’s west coast

Shell has secured environmental authorisation to drill up to five deepwater wells off South Africa’s west coast, according to a report by Reuters.The approval...

Nigeria’s Dangote refinery plans 1.6 mln barrels fuel storage tanks in Namibia, sources say

Nigeria’s Dangote petroleum refinery will construct storage tanks in Namibia to hold at least 1.6 million barrels of gasoline and diesel to supply...

Middle East Crude-Oman hits near three-week high, Dubai edges down

The Middle East crude benchmark spot premium of Oman rose to a near three-week high on Thursday, while that of Dubai edged lower.Overall, the...

Gasoline crack falls despite stock draws

Asia’s gasoline refining profit margin was down on Thursday even as inventories at key trading hubs decreased.The crack fell to $8.62 per barrel...

Spot benchmarks capped by high inventories

Spot fuel oil benchmarks in Asia remain capped by high inventories at key trading hubs as of Thursday, with ample incoming supplies limiting recovery,...
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