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Offshore Industry

ABS and CCS Discuss Energy Development in China

The growing importance of deepwater exploration and production developments offshore China led classification societies ABS and CCS (China Classification Society) to conduct a joint “Deepsea Developments in the China Offshore Industry” meeting on June 17. The meeting, which was held in Beijing, brought together leading offshore industry professionals to discuss a wide range of energy development issues. More than 100 representatives from the Chinese government, shipbuilders, designers, research institutes, energy corporations and universities attended. Topics included a discussion of the global energy market outlook from research firm Infield Systems, the challenges and latest solutions proposed for deepwater development from offshore solutions technology leader Horton Wison and a look at risk-based operations and new approaches toward minimizing risk with deepwater exploration from global engineering, procurement and construction firm Worley Parsons. ABS discussed the regulatory changes resulting from the Macondo incident in the Gulf of Mexico and the broader impact on regulatory schemes worldwide while CCS highlighted the impact of deepsea development on the technology standards for the region’s offshore industry. “This industry meeting illustrates the cooperative spirit between ABS and CCS,” says ABS CEO and President Christopher J. Wiernicki


2H Offshore Joins TCP Design Guideline Initiative

Image: 2H Offshore

2H Offshore has joined an oil and gas industry initiative to develop a new design guideline for thermoplastic composite pipes (TCP) to advance the understanding and use of composite materials in the offshore industry, the company announced.   The DNV GL-led Joint Industry Project (JIP) began in October and will take a year to complete. 2H teams in London and Houston are actively involved in the JIP which will build on existing knowledge and guidelines to achieve an industry accepted


Wavespec Promotes Senior Engineers

Wavespec hopes to expand its capability to deliver a range of products for the offshore industry – particularly dynamic positioning (DP) vessels – through a managerial restructure and expansion of its global office network. The company  has recently promoted two of its senior engineers: Andy Bright has become Manager, Marine Projects, and Ted Brooking has been appointed as Manager, Offshore and DP. Wavespec, a member of the Braemar Shipping Services Plc group of companies


Offshore Energy Conference: Exceeds Expectations

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Record number of 7632 attendants gathered in Amsterdam.   Offshore industry professionals from around the world gathered in Amsterdam on 23 - 24 October for Offshore Energy Exhibition & Conference 2012. The fifth edition of Offshore Energy attracted a record number of 7632 attendees, up 49% from last year, according to the organizers Offshore Energy 2012 continued on its path of steady growth. The exhibition sold out and welcomed over 400 exhibitors, up 33% from 2011


New Maritime Bank Plans to Bridge Funding Gap

The new bank principals: Photo credit M&M Bank

A team of Norway-based shipping, offshore and finance professionals intend to establish Maritime & Merchant Bank (“M&M’’) a niche financial institution dedicated to meeting the funding needs of owners active in the shipping and offshore industries, worldwide. The newly formed project company, Maritime & Merchant AS (M&M AS), will file a banking license application on behalf of M&M during the autumn of 2013


HHI to Deploy 3DEXPERIENCE Design Platform

Hyundai Heavy Industries Selects Marine & Offshore Industry Solution Experiences for Design and Engineering of Offshore Structures Dassault Systèmes, the 3DEXPERIENCE Company, a company in 3D design software, 3D Digital Mock Up and Product Lifecycle Management (PLM) solutions, announced that the offshore and engineering division of Hyundai Heavy Industries (HHI) has chosen to deploy Dassault Systèmes' 3DEXPERIENCE platform and its marine and offshore industry solution


USCG – NOSAC Membership

The US Coast Guard seeks applications for membership on the National Offshore Safety Advisory Committee (NOSAC), which advises the service on matters affecting the offshore industry. Applications must be received by November 30. 74 Fed. Reg. 35882 (July 21, 2009). (Source: Bryant’s Maritime News)


CEO's to Discuss Challenges to Dutch Offshore Industry

Goof Hamers (CEO, IHC Merwede), Jan-Pieter Klaver (CEO, Heerema Marine Contractors) & others to discuss the challenges that the industry faces in realizing its full potential. The Dutch offshore industry is an international front-runner and the sector adds considerable value to the Dutch economy and has strong potential in generating economic growth. A panel of CEOs will discuss how Dutch offshore industry can maintain front-runner position during the Offshore Energy Industry Panel


Port of Rotterdam Attracts Offshore Wind

Photo by The port of Rotterdam

 Up to now, the port of Rotterdam, the largest seaport in Europe, has played a negligible role in the construction of offshore wind farms in Europe. But that is about to change. On Maasvlakte 2, Sif Group and Verbrugge International are building a dedicated offshore terminal and a production site for monopiles under the name Offshore Terminal Rotterdam.    A unique combination that will play an important role in the construction of offshore wind farms in the North Sea and


ABS, Industry Experts Tackle MODU Safety Issues

At its annual Special Committee Meeting, ABS shared recent enhancements to ABS jacking gear requirements, which address jackup system reliability. Photo: ABS

 ABS, the leading provider of classification and technical services to the offshore industry, collaborated with industry experts during its annual Special Committee Meeting held recently to discuss the ABS Rules for Building and Classing Mobile Offshore Drilling Units (MODUs), with the goal of assuring that Rule requirements align with industry needs.   “Our leadership position in the offshore sector is based on the ability to provide exceptional guidance and services


Shipping Woes: DVB Bank Posts Loss

Pics: DVB Bank

 Shipping Financier DVB Bank reported a consolidated net loss before taxes of EUR 135.3 million ($142.4 miln) for 2016 (previous year: consolidated net income of EUR 46.1 million).    Since DVB Bank SE, the parent company of the DVB Bank Group


Record Number of OSVs to Be Delivered in 2017

© panalot / Adobe Stock

Vessel oversupply will continue to plague the offshore industry this year as a record total of 465 offshore support vessels (OSV) are expected to be delivered in 2017, according to VesselsValue.   Beginning with the drop in oil prices and then lower demand for offshore research projects


Seagull, DNV GL Offer Cyber Security Training

Anita Oestmann, DNV GL and Roger Ringstad, Seagull Maritime. Photo T.Aas, Seagull Maritime 2017 (Photo: DNV-GL & Seagull Maritime)

Cyber security threats have increased over the past few years in the maritime industry. Together with DNV GL, Seagull now offers an immediate solution to help train staff to be cyber secure.   With the increasing use of systems with embedded software on ships and mobile offshore platforms


SOV Bibby WaveMaster 1 Launched

Bibby WaveMaster 1 (Photo: Damen)

The service operations vessel (SOV) Bibby WaveMaster 1 was officially launched at Damen Shipyards Galati in Romania on March 24. When completed, Bibby Marine Services Limited, part of Bibby Line Group, will deploy the vessel to support forthcoming offshore wind construction and O&M projects in


New ABS Guide for LNG Bunkering

New Guide provides standards for growing LNG bunkering vessel sector.   ABS, a provider of classification and technical services to the marine and offshore industries, has published the ABS Guide for LNG Bunkering. This new Guide provides standards for the design


Roxtec Services AB Approved by Lloyd’s Register

Photo: Roxtec Services AB

Roxtec Services AB has been audited by the classification society Lloyd’s Register and has received an official approval for inspection and maintenance services of cable and pipe transits. This approval sets new standards for long-term safety at sea.  


Marine Contracts Hits Low, Says Wartsila's CEO

Jaakko Eskola. Photo: Wärtsilä

 In the marine markets, contracting activity fell to an exceptionally low level, Jaakko Eskola, President & CEO, Wärtsilä said in the annual report 2016.   The majority of the volume decline was seen in the shipping industry


ABS Issues First Cyber Safety Notation

© Maksim Kabakou / Adobe Stock

ABS said it has issued its first notation for the ABS Guide for Cybersecurity Implementation for the marine and offshore Industries.    “The focus on cyber safety is increasing, and that is changing the expectations industry has for classification services


HHI's FSRU Unit equipped by GTT

MARK III SYSTEMS ORIGINAL DESIGN Photo by GTT

GTT has received an order from Hyundai Heavy Industries (HHI) to equip a new floating storage and regasification unit (FSRU) with its Mark III cryogenic membrane containment system. This order includes a firm vessel and one option. The FSRU of 170,000 m3 will be built at Hyundai's shipyard


MacGregor's Ship-to-ship compensation system Launched

ShipToShip Compensation System Photo MacGregor

MacGregor, part of Cargotec, has launched a new crane compensation system for offshore ship-to-ship load transfers, offering substantially larger operating windows as well as safer and faster load transfers.   "This robustly-tested technology can offer considerable commercial


ABS Takes the Lead as First Class Society to Earn EU MRV Accreditation

Photo: ABS

 ABS, a leading provider of classification and technical services to the marine and offshore industries, was awarded accreditation by Greece’s National Accreditation Body, the Hellenic Accreditation System (ESYD), to perform assessments for European Union (EU) Monitoring


ABS Takes Offshore Safety to New Depths

Pic taken from Video provided by ABS

 ABS, the leading provider of classification and technical services to the offshore industry, has expanded its subsea services team to deliver specialized validation and verification services for subsea systems, including subsea hardware, flowlines, umbilicals, and risers.   


Op/Ed: Offshore Energy Can Power US Growth

Randall Luthi  (Photo: NOIA)

Following President Trump’s address to the joint session of Congress, National Ocean Industries Association (NOIA) president Randall Luthi weighs in on  shifting U.S. policy and its effects on offshore energy and the American economy.  


A Case for LNG-fueled Mobile Offshore Units

Image: GustoMSC

GustoMSC, a Dutch design and engineering company focused on offshore energy, says the offshore industry has much to gain from examining the feasibility of using liquefied natural gas (LNG) to fuel mobile offshore units such as construction vessels, drillships, jack-ups and semi-submersibles.


ABS Advises on Hybrid Electric Power Systems

ABS Chairman, President and CEO Christopher J. Wiernicki (Photo: ABS)

ABS has published the ABS Advisory on Hybrid Electric Power Systems to help marine and offshore owners and operators make decisions about energy generation and storage. “ABS continues to lead industry safety with the first comprehensive Advisory to address the latest hybrid electric






 
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