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GULF SHIP

Gulf Energy Maritime Takes Delivery of Tanker

Gulf Energy Maritime has taken delivery of the second of 13 double-hulled tankers on order with Korea’s Hyundai Mipo Dockyard (HMD) in less than three months. The $57m Gulf Elan is the eighth double-hulled tanker in GEM’s growing fleet. The company is to receive another 11 of the total order book of 13 ships valued at $590 million by 2009 end. The ship was named by lady sponsor Jane Slemeck, wife of Mark Slemeck, managing director of Kingfish Services Ltd., London-based operators for IPC/Itochu Petroleum which has time chartered the ship for one year. Gulf Elan will follow the trading path of its sister ship, Gulf Esprit, delivered to GEM last November, by going into time charter with Oman Methanol Company, a subsidiary of Oman’s giant Omzest Group, on a 15-year deal. In response to global demand for methanol carriers, GEM in a 75-25 percent partnership with WAROZ Holding Company Limited, an OMZEST subsidiary, had specially ordered the two IMO-III, N2 type 47,000 dwt ships to supply product transportation for its $400m Sohar methanol plant.


Harvey Gulf Acquires Shipbuilding Assets

Gulf Coast Shipyard (Photo: HGIM)

Harvey Gulf continues growth despite industry downturn; new affiliate Harvey Shipyard Group acquires Gulf Coast Shipyard Group   Harvey Gulf International Marine (HGIM) is launching a new affiliate, Harvey Shipyard Group, to manage its shipbuilding assets, the company announced today. Harvey Shipyard Group is acquiring Gulf Coast Shipyard (Gulfport, Miss.) and Trinity Yachts (New Orleans, La.).   HGIM Chairman and CEO Shane J


First Tanker Fixed For Next Phase Of Oil For Food Deal

The first tanker to carry Iraqi oil exports under the next phase of the U.N. "oil for food" deal has been chartered subject to the program being extended, according to shipping brokers. The Panamanian-registered VLCC Kristhild has been fixed to Russian trader Ursa to sail from the Gulf port of Mina al-Bakr to the U.S. Gulf, provided the United Nations and Iraq reach an accord to continue exports beyond Nov. 20. The 258


BOXESG Enters 7th Fleet: Sets Course for Home

USS Boxer (LHD 4) and ships assigned to Boxer Expeditionary Strike Group (BOXESG) steam alongside while transiting to U.S. 5th Fleet's area of responsibility. 5th Fleet, headquartered in Manama, Bahrain, is responsible for a sea encompassing about 2.5 million square miles of water including the Persian Gulf, Arabian Sea, Red Sea, Gulf of Aden, Gulf of Oman, and parts of the Indian Ocean. U.S. Navy photo by Mass Communication Specialist Seaman Paul Polach


Fog May Pose Threat to Gulf Coast Shipping

Fog, which has shrouded parts of the U.S. Gulf of Mexico coast in recent weeks, could remain an intermittent threat to shipping and crude oil imports through April, according to a government meteorologist. In February, March and April sea fogs can form quickly along the Gulf coast as warm moist air heading in from the Gulf hits cooler coastal waters, causing the moisture to condense. “All of a sudden it’s like you drive into a brick wall and the visibility goes down to a sixteenth of a


New CEO at GulfNav Leads Expansion Plans

From right to left: Khamis Juma Buamim, Group CEO, Abdulla Saeed Abdulla Brook Al Hemeiri, Chairman, and Ahmad Al Kilani, Board Member of Gulf Navigation (Photo: Gulf Navigation)

Dubai-based shipping company Gulf Navigation Holding PJSC (GulfNav) has announced in a press conference at Rose Rayhaan by Rotana April 19 its expansion plans to increase its assets under management and service-based revenue. The shipping company also revealed the appointment of Khamis Juma Buamim as the new Board Member, Managing Director and Group CEO by the Board of Directors during the event.   Chairman Abdulla Saeed Abdulla Brook Al Hemeiri


Mediterranean Shipping General Rate Increase

Mediterranean Shipping Company announced a General Rate Increase that will affect westbound freight moving from the USA to Asia effective January 1, 2010. All commodities including exempt (exception reefer) US west coast port/port    : $200/40 ft and $150/20 ft Originating from intermodal points & moving through/via US west coast ports: $200/40 ft and $150/20 ft US east coast and gulf port/port: $200/40 ft and $150/20 ft


Pirates Low Profile in Monsoon Season

NATO Shipping Centre promulgates its latest weekly piracy assessment for the 'High Risk Area' During the reporting period 7 – 13, June 2012, the number of piracy incidents in the High Risk Area (HRA) has remained low, with no incidents reported. Due to the South-West monsoon between June and September, sea conditions in the HRA are expected to be generally unfavourable for small boats. Pirate Activity Groups (PAG) will likely continue to focus their limited efforts in the Northern


Warships Protect Drifting Tanker in Pirate Waters

New Dehli Express Stern.JPG

WHILE Royal Navy ships protect the London Olympics others have rushed to prevent a pirate attack in the Middle East. The minehunters HMS Middleton and HMS Pembroke were in the Gulf of Aden on their way home when they received a distress call from the MV New Delhi Express on July 27th. The 40,000-tonne merchant ship, laden with valuable containers, contacted HMS Middleton to say she was 12 miles to the south west and had suffered an engine failure


MASTECH Sharjah Conference 2013

Industry rofessionals will confer at ‘MASTECH 2013’ on naval architecture, shipbuilding, oil & gas during the Gulf Maritime Trade Fair in UAE. For the second consecutive edition, MAST the Middle East Alumni of Ship Technology and Expo Centre Sharjah, have entered into an agreement to organize the MASTECH conference at Expo Centre Sharjah during the Gulf Maritime 2013 trade fair. MASTECH is organized by MAST an alumni association of naval architects graduated from the


Allseas Bags Nord Stream 2 Project Contract

Photo: Nord Stream 2

 Following an international tender process, Nord Stream 2 AG have awarded a contract for offshore pipelay of the Nord Stream 2 natural gas pipeline through the Baltic Sea to Allseas.    The company will undertake offshore pipelay works for both lines in 2018 and 2019


VT Halter Marine Names Socha Senior VP

Robert A. Socha (Photo: VT Halter Marine)

U.S. shipbuilder VT Halter Marine, Inc., a subsidiary of Vision Technologies Systems, Inc. (VT Systems), has appointed Robert A. Socha as Senior Vice President of Business Development and Estimating, effective January 30, 2017.   In his role


Iran Stages Massive Navy Drill in Indian Ocean

Pic: Islamic Republic of Iran Army

 Amid rising tensions with the US, Iranian naval forces have launched the final stage of a large-scale drill north of the Indian Ocean to enhance their defense capabilities, reports PressTV.   Navy Commander Rear Admiral Habibollah Sayyari announced the beginning of the maneuver


Company to Pay $9.5 Mln for Actions Leading to US Gulf Explosion

Wood Group PSN Inc., a Nevada corporation headquartered in Houston, was ordered to pay $9.5 million in two separate cases involving its conduct in the Gulf of Mexico. Specifically, Wood Group PSN was ordered to pay $7 million for falsely reporting over several years that personnel had performed


Dragflow Cutterhead for Harbor Dredging

Photo: Dragflow

Dragflow has delivered a dredging hydraulic pump with frontal cutterhead to an Iranian company for the construction of a fishery port near Jask area in the Persian Gulf, South of Iran.  Before finding in Dragflow equipment the best solution


Traders Rush to Ship US Oil as Export Window to Asia Opens

Cap Guillaume (Photo: Euromax)

Oil majors and trading houses are set to ship an unprecedented volume of U.S. crude oil to Asia in coming weeks, boosting already high flows to the region due to higher prices from OPEC production cuts.   Traders have estimated that some 700,000 to 900


Bernhard Schulte, Babcock Team-up to develop GSV Vessel

Logo

Bernhard Schulte Shipmanagement (BSM), a leading global maritime services company, and Babcock International Group, the UK’s leading engineering support services company, are collaborating to develop a ground-breaking Gas Supply Vessel (GSV)


Video: Retired Ship Sunk to Form Artificial Reef

Photo: Matrix New World Engineering

Sinking a 6,000-ton, 371-foot former cargo vessel to help create an artificial reef in the Gulf of Mexico is a herculean feat, one only accomplished with strict adherence to rigorous federal and state environmental regulations.   When the cargo ship Kraken was recently sunk 67 miles off the


Hamburg Süd Opens Dubai Office

Hamburg Süd has opened its first proprietary agency in the Middle East. On February 1 Hamburg Süd Shipping LLC commenced operations in Dubai, United Arab Emirates.   The company-owned agency coordinates Hamburg Süd’s business in the Persian Gulf and has taken over all


Austal's EPF 8 Completes Acceptance Trials

Yuma (EPF 8) Clean Sweep. Yuma is slated for delivery to the U.S. Navy later this spring. Photo Austal

Austal successfully completed acceptance trials on USNS Yuma, Expeditionary Fast Transport (EPF 8), January 26, in the Gulf of Mexico returning with a broom flying from the mast indicating a “clean sweep”. Yuma is slated for delivery to the U.S


Rare Gasoline Exports Underway from Bloated East Coast Stocks

File Image: AdobeStock

Traders prep rare East Coast gasoline exports; cargoes already sailing with exported distillates.   Traders are preparing to export cargoes of coveted gasoline from the U.S. East Coast after months of heavy importing and local production swamped the region.  


Peterson to Develop New Port Cameron

Photo: Peterson

 International energy logistics provider Peterson is to partner with Port Cameron in Louisiana to develop a deepwater staging port and supply base facility serving the Gulf of Mexico.   Peterson has signed a teaming partnership agreement with Port Cameron for the development of a


BHP Billiton Okay $2.2 bln Investments in Gulf of Mexico

Mad Dog Phase 2 Photo: BHP Billiton

 BHP Billiton has announced that the Board has approved expenditure of US$2.2 billion for its share of the development of the Mad Dog Phase 2 project in the Gulf of Mexico.   BHP Billiton holds a 23.9 per cent participating interest in the Mad Dog field.   


Gulf Navigation on Recovery Path

Photo: Gulf Navigation

 Dubai-based shipper Gulf Navigation announced its best annual results for eight years, on account of the improvement in spot tanker rates and the reclassification of liabilities.   In a statement, the company said it had benefitted from ‘strong and consistent financial


Melbourne Celebrates 25 Years of Service

HMAS Melbourne crew celebrates the 25th anniversary of Melbournes commissioning at Fleet Base East after a successful first of class flight trials period. Photo: Royal Australian Navy.

 HMAS Melbourne has celebrated 25 years since she entered service with the Royal Australian Navy, proving her motto, ‘She gathers strength as she goes’.   The guided missile frigate has steamed more than 1.5 million kilometres - about 37 times the earth’s






 
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