COLUMN | Bourbon and its management in the dock after suitcase of cash is found at Marseille airport [Offshore Accounts]

Losing your baggage after a long-haul flight is annoying and frustrating. Losing your suitcase when it contains over US$250,000 in hundred-dollar bills inside must be even more vexing. For Marc Cherqui, the former tax director of Bourbon, the French operator of over two hundred offshore support vessels, the recovery of his lost bag when he returned home to France from a business trip in Nigeria in October 2012 was only the beginning of his problems. The suitcase stuffed with cash was eventually re-united with its grateful owner at Marseille Airport.

Yinson secures FPSO contracts in Nigeria

Malaysia’s Yinson Holdings has been awarded contracts for the charter, operations, and maintenance of a floating production storage and offloading (FPSO) vessel by First Exploration and Petroleum Development (First E&P) for use at the Anyala and Madu offshore oil fields in Nigeria.

Gulf of Guinea piracy – regional navies step up to the plate

The International Maritime Bureau’s (IMB) Annual Report on Piracy and Armed Robbery Against Ships for 2018 showed an overall rise in worldwide piratical attacks upon shipping, with 201 recorded attacks, up from 180 in 2017. An area of particular concern is the Gulf of Guinea (GoG), which saw some 73 attacks, with Nigerian waters accounting for 48 of these.

  • Published in Piracy
Subscribe to this RSS feed

Sign up to the FREE Ausmarine newsletter