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Chinese Shipyards Wade In to Offshore Market

OSV World Forum, Shanghai: Photo credit OSV Forum

The recent Offshore Support Vessel World Forum meeting in Shanghai believes that optimism is returning to global offshore markets. The forum is a platform for oil and gas producers, designers, builders, OSV owners, operators, contractors, classification societies, equipment suppliers and legal/financial service units to discuss and address future opportunities and challenges. The theme of the conference was 'Maximizing commercial opportunities amid OSV market recovery by meeting new technical challenges and regulations'. In the panel discussions it was considered that optimism is returning to the global offshore markets, supported by the prompting of more shipyards to wade into the OSV market. China has emerged as largest contributor to the explosive growth in the world’s OSV market place and many Chinese shipyards are flocking to the OSV market. But challenges and uncertainties need to be addressed if they are to enhance their competitiveness. A networking platform for the OSV industry, the event was sponsored by Wartsila China, Havyard, Shanghai Zhenhua Heavy Industries Company Limited, LTI Steel Wire Rope (Shanghai) Co.,Ltd, Stonel(USA)/ Pt-BRIDGE(Shanghai,China) and GSHYDRO Piping System, with the supports of Shanghai International Shipping Institute, UCIBN, chinaoffshore.com.cn, The Shanghai Shipbrokers Association (SSA) and CNPI.


Gunderson to Build Tank Barge for Kirby

The Greenbrier Companies, Inc. announced that its Gunderson Marine division has received an order from Kirby Offshore Marine to build an articulated oceangoing oil and chemical tank barge, with an option for a second unit, to meet growing demand. The state-of-the-art 578' tank barge is one of the largest in Gunderson’s marine history, and has an 185,000 barrel carrying capacity. This order, along with awards being finalized


Stolt-Nielsen to Buy 3 Ships

Chemical transportation company Stolt-Nielsen SA said it is buying three used tanker ships for about $40 million. The company said its wholly owned subsidiary, Stolt-Nielsen Transportation Group, has exercised an option to purchase the tankers, currently on charter, from Montana Ship Holding AS. According to Stolt-Nielsen, it chartered the ships in December 2001 with an option to buy at any time. The company said the three ships are to be converted at a cost of $7


IMO Approves Siemens’ Ballast Water Management System

The Maritime Environmental Protection Committee of the United Nations’ International Maritime Organization (IMO) has granted Siemens final approval for its Sicure ballast water management system. The Final Approval is based on a directive, issued by the IMO, a specialized agency of the United Nations, which requires all deep-sea vessels to operate IMO-approved ballast water management systems. The objective is to avoid the spread of alien aquatic organisms and pathogens carried in


CH-IV Prepares FEED for U.S. LNG Facility

Oregon LNG is developing a bii-directional LNG import/export project & CH-IV International has completed its Front End Engineering Design (FEED) The Oregon LNG Terminal will be located on the East Skipanon Peninsula near the confluence of the Skipanon and the Columbia Rivers in Warrenton, Clatsop County, Oregon. Jeffrey P. Beale, President of CH-IV International (CH-IV) has announced that CH-IV International has completed the preparation of FEED for the proposed 9 MTPA LNG liquefaction


Rig Accommodation Below Par for New Danish Requirements

Energy Endeavour: Photo courtesy of Northern Offshore

Northern Offshore receives Maersk Oil & Gas notification that rig 'Energy Endeavour' will be released from contract on May 1, 2013. The rig's accommodation unit does not meet new Danish Energy Authority requirements and its replacement is not commercially viable for either party. Gary W. Casswell, Northern Offshore's president and CEO, said, "We sincerely appreciate that Maersk have given us very early notice of release of the Energy Endeavour


Bollinger Repowers, Modifies 40-Year-Old Tug

Bollinger recently gave new life to an old boat, the 150-ft. Guardian, originally named Gale B., which was built by Southern Shipyard in 1963. It was owned by Midland Enterprises and was part of a tug/barge unit with the hopper barge Martha B. Midland sold the barge to Moran about three years ago and the tug was on the market when it was acquired by Velvet Maritime, LLC. "It was in good shape with a good purchase price," said Andre Ledoux, president of Velvet Maritime


WA Ferries Begins Workforce Scheduling Solution

The implementation of WINDS (Washington State Department of Transportation (WSDOT) Ferries Division (WSF) Integrated Dispatch System) is now underway. WINDS is a Quintiq workforce planning solution configured to provide core business functions that comprise the dispatch and staffing of up to 1,800 employees at WSF. These functions include planning, scheduling, dispatch and tracking of deck crews, engine room crews and terminal employees.


New Compliance Challenges for Tanker Owners

Herbert-ABS says use of an approved damage stability computer program is the “only logical option” to meet new International Maritime Organization (IMO) Damage Stability Regulations requirements for onboard damage stability verification. Herbert-ABS Software Solutions LLC has published an assessment of the impact of new damage stability regulations on tanker and gas carrier operations. Hendrik Bruhns, Herbert-ABS Software Solutions President


AMP's Allegretti Questions Jones Act Critics

AMP Chairman Tom Allegretti

Tom Allegretti, Chairman of the American Maritime Partnership (AMP), the voice of the domestic maritime industry, today highlighted the continued renaissance of the nation’s maritime sector, particularly its robust response to meet new water transportation demands created by the surge in domestic energy production. “The domestic maritime industry, with the Jones Act as its statutory foundation, is investing heavily to meet the transportation demands of a booming energy economy


ClassNK Holds LNG Fuel Technologies Seminars

Photo courtesy of ClassNK

ClassNk held LNG-Fuelled Vessel Technologies seminars in Shanghai and Singapore on 22 July and 24, July 2014, respectively. With the industry looking to adopt cleaner fuels to meet new environmental regulations as well as future economic growth


Cummins Debuts Mobile Tier 4 Generators

Cummins’ certified Tier 4 Final QSB7 and QSL9 engine platforms form the basis for mobile generator sets that meet EPA regulations without diesel particulate filters (DPF).

Cummins’ certified Tier 4 Final QSB7 and QSL9 engine platforms form the basis for mobile sets that meet EPA regulations U.S. EPA Tier 4 Final certified mobile generator sets with 150 kW to 275 kW power outputs are now available from Cummins Power Generation for the rental market


Long Beach Officials on Trade Mission in Asia

Photo: Port of Long Beach

Meeting with shipping lines to build business for Port of Long Beach Long Beach Mayor Robert Garcia, Harbor Commissioners and senior Harbor Department staff are traveling to several Asian countries, meeting with the Port of Long Beach’s key customers to retain and bring more business to


Confidence High in UK Logistics Sector

Philip Bird, Senior Director of Moore Stephens Corporate Finance

The latest U.K. Logistics Confidence Index commissioned by Barclays and Moore Stephens reveals that confidence in the U.K. logistics sector remains high but more controlled over the past six months as familiar challenges persist. The index has risen by almost 36% since its lowest point in late


BSEE Hosts USCG Quarterly Meeting

bsee.jpg

Today, representatives of BSEE’s Gulf of Mexico Region hosted U.S. Coast Guard (USCG) officials in this year’s first quarterly meeting at the Gulf Region Office in New Orleans. Gulf of Mexico Region Director Lars Herbst and 8th District USCG Admiral Kevin Cook met with staff from


Petrobras Cuts Spending, Quarter Profits Fall 19%

Photo: Petrobras

By Jeb Blount, Reuters Brazil's state-run oil company Petrobras moved to check years of missed targets, soaring costs and rising debt by scaling back near-term investments and setting a limit on long-term growth. Petroleo Brasileiro SA, as Petrobras is formally known


SCI Simulator Offers One-on-One Training

SCI 3.jpg

With a new simulator in full operation, SCI helps mariners complete assessments previously only available in large class settings or in the real world when exact conditions could be met on the water. The simulator offers affordable one-on-one assessments to help meet individualized training goals


MLC Amendments Address Abandonments, Claims

Governments, maritime employer representatives coordinated by the International Shipping Federation (ISF) and their counterparts from the International Transport Workers’ Federation (ITF) met this week at the International Labor Organization in Geneva for the first meeting of the Special


Drummond Construction Barge Sinking Flags Pollution Concern

Oil spill containment: File photo CCL

A barge carrying construction materials for U.S.-based Drummond Co Inc, Colombia's second biggest coal miner, was shipwrecked at the company's port late last week, the company said on Sunday, causing leakage of some diesel fuel into the sea.


Carnival Corp. to Invest $400m in Scrubber Technology

Carnival Corporation CEO Arnold Donald

Carnival Corporation CEO Arnold Donald announced that Carnival will significantly extend its installation of exhaust gas cleaning technology, investing $400m in the coming three years to install the technology on 70 ships across its brand, a significant jump from the 32 announced last year.


Northeast Carbon Hits All-Time High On EPA Power Plants Rules

  Carbon permits for the Northeast's carbon market traded as high as $5.10 a ton on Monday, an all time high, following the release of federal rules that will allow states to use markets to meet new emissions targets. The market's benchmark December 2014 contract traded for $5


Maersk Drilling Orders 20K™ Blow Out Preventer & Risers

Maersk Drilling logo

  Maersk Drilling has ordered four Blow Out Preventers (BOPs) and two risers from GE Oil and Gas to be used in the Project 20K™ agreement with BP. The BOPs and risers are intended to be delivered and deployed on two Maersk Drilling 20K™ Rigs by year-end 2018


Market Improving for German Equipment Suppliers

The German Engineering Federation (VDMA) reported a good order situation for German marine and offshore oil and gas equipment suppliers, but the upsurge in incoming orders is not making the sector euphoric. “The boom in world ship newbuilding orders in 2013 gave us strong order growth


Yara Names Brandtzæg New CEO

The board of directors of Yara International today announced the appointment of Svein Richard Brandtzæg as the company's new President and Chief Executive Officer. He will succeed Jørgen Ole Haslestad by February 2015. Brandtzæg currently serves as President and CEO of Norsk


Singapore Approves Danelec New-Generation VDR

The Maritime and Port Authority of Singapore has issued a certificate of approval for the Danelec DM100 VDR for installation on ships under the Singapore registry. The Singapore approval follows on the type approval and European Union Wheelmark certification for the Danelec DM100 issued by the






 
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