Topic
africa
Logistics Former Norden Chief Launches Africa-Focused Shipbroking House Origin Brokers
Shipping executive Christian Vinther Christensen, formerly of Norden, Western Bulk and Maersk, has launched Origin Brokers, a shipbroking and advisory firm with a focus on Africa's commodity export and import corridors. The company will offer dry bulk and tanker chartering, market intelligence, and trade support from offices in Limassol, Dubai and Abidjan.
Commodities Shearwater Wins ExxonMobil Seismic Survey Work Offshore Guyana for Yellowtail Fi
Norwegian seismic company Shearwater Geoservices has been awarded a distributed acoustic sensing (DAS) seismic program by ExxonMobil in the Stabroek Block offshore Guyana. The two-month scope involves source-only acquisition for a baseline reservoir surveillance survey over the Yellowtail development area, using the SW Empress vessel in triple-source configuration. Yellowtail is ExxonMobil's fourth and largest deepwater project in the block, with a production capacity of 250,000 bpd and 2 million barrels storage.
Logistics Oman Ports: India's Strategic Gateway to West Asia and Africa
Oman ports, notably Sohar and Duqm, are emerging as key gateways for Indian exporters to access West Asian and African markets. Enhanced logistics and strategic free trade agreements bolster this position.
Trade India Shifts Soybean Trade: Cancels Exports, Boosts African Imports
India cancels 25,000 tons of soymeal export contracts due to soaring domestic prices and turns to importing 80,000 tons of soybeans from Africa. The shift affects traditional trade flows and highlights the premium pricing of non-GM African soybeans.
Trade India Shifts Oil Imports to Latin America, Africa Amid Hormuz Crisis
India has increased oil imports from Latin America and Africa due to disruptions in the Strait of Hormuz. This strategic shift aims to stabilize supply amid regional tensions.