The suspected pirate attack follows on from the capture and subsequent release of the Aris 13 fuel tanker and her crew earlier this month.
Company inks a Letter of Intent (LOI) to look at the feasibility of creating an oil residue collection and recycling plant in the Suez Canal region.
EUNAVFOR receives confirmation from the Master of the Comoros-flagged tanker, Aris 13, that his vessel and crew are being held by suspected pirates in an anchorage off the north coast of Puntland.
The first phase of the crude oil storage terminal, including eight tanks with a total capacity of 1.4 million cubic metres, will be operational in the second half of 2018.
The company expects headline loss for the year ended 31 December 2016 to be between $34.69 million and $35.45 million.
The company is to build a new 100,000 cbm inland terminal near Johannesburg and also expand storage at its Durban facility.
Plans to partner with an unnamed foreign company in the bunker sector; further announcements expected in the near future.
Kenya Pipeline Co. is calling for bids for the construction of the jetty on Lake Victoria which would play a key role in integrating marine fuel distribution in the region.
Spills confined to the Newport East area of the Kingston Harbour, says National Environment and Planning Agency.