Jacques de Chateauvieux, CEO, Bourbon
The plan, on its face, was simple. At the turn of the century Bourbon embarked on the path to become a dominate player in the global offshore supply vessel sector, building technologically sophisticated vessels for a good price in emerging Chinese shipyards, among others globally. Dubbed Horizon 2012, the plan was backed with a multi-billion dollar investment, a world economy that was firing on all cylinders and an offshore oil and gas market that was steamrolling ahead…
BC Ferry to Set Sail for Canada
On Friday January 30, 2009 a new cruise ferry from ’s Flensburger Shipyard built for British Columbia Ferry Service is scheduled to leave the yard for its journey to , . The ship, Northern Expedition, is 150 m long, capable of carrying 600 passengers and 130 vehicles. It offer 55 modern cabins for customers and an expanded range of food services and other amenities. The transfer voyage will take about 45 days…
Offshore: Which Way in ’09?
In mid July of 2008, oil prices shattered all-time records and hovered around $140 per barrel. Analysts had dire warnings of $200 per barrel oil. Gone are the days of “cheap” oil, cable newscasts screamed. Exactly a decade ago, oil prices slumped below $10 per barrel in December of 1998. Analysts then decried prices would never again rise to $40 per barrel, markets were saturated. Sound familiar? It seems commodity analysts’ predictions change as much as the nightly weatherman’s.
MOL, Gulf LPG Transport Start VLGC Pool
Mitsui O.S.K. Lines, Ltd. (MOL) announced on Jan. 27, the formation of a very large gas carrier (VLGC) pool called LPG Global Transport, along with Gulf LPG Transport Company W.L.L. of Qatar (Gulf LPG). The pool will begin operations immediately. Gulf LPG Transport Company W.L.L. is a limited liability joint venture company established by Qatar Gas Transport Company (Nakilat) and Qatar Shipping Company. MOL and Gulf LPG have jointly incorporated LPG Global Transport Management Inc.
Sequim Eyes Tugboat for Oil Spills
According to a Jan. 27 report from the Peninsula Daily News, oil, cargo and cruise industries would pay for a tugboat at Neah Bay under a proposed bill in the Washington state Legislature.
Search and Rescue Goes Digital
The Coast Guard would like to remind commercial and recreational boaters that beginning Feb. 1, 2009, the Coast Guard and other search and rescue personnel will…
Marlink 5Yr Contract with Aida Cruises
Marlink, the world's largest maritime satellite communications integrator has announced a new five year contract with German cruise company Aida Cruises, for the supply of its Sealink(T) satellite communications system. Sealink(T) will be provided to five existing cruise vessels and three planned new builds, the first of which will be in operation from spring 2009 with the others in commission in 2010 and 2011.
Maritime Cargo Importers Requirements
The U.S. Department of Homeland Security confirmed on Jan. 26 that it will not extend the effective date for new information requirements on maritime cargo destined for the United States.
Seaward Marine, Surge in Export Enquiries
A strong export market and demand in its commercial markets has led to a surge in export enquiries for Seaward Marine Ltd and a healthy order book going into 2009. The demand follows on from the company, which custom builds boats to order, delivering its 20th boat to Japan, a Seaward 29, in December – one of eight delivered in 2008. The deliveries also included two Seaward 35s, two further Seaward 29s and three Seaward 25s.
National Marine Suppliers Distributes Chafe-Pro
Fjord, Inc. has recently reached an agreement authorizing National Marine Suppliers to be a distributor of their Chafe-Pro product line. National Marine Suppliers…
Production Resumed at Kvitebjørn
Gas exports from the Kvitebjørn field in the North Sea started on 27 January, after successful repairs to the gas pipeline between the platform and the Kollsnes processing plant near Bergen. The repair work has gone according to plan and the subsequent testing has shown that the pipeline is now ready for use. The Kvitebjørn platform could therefore resume production of gas and condensate on 27 January. The Visund field, which uses the same pipeline, has also resumed gas exports.
Ship Operations Cooperative Program Meeting
The Ship Operations Cooperative Program (SOCP) is extending an invitation to maritime industry representatives to attend their spring meeting in Panama City, Panama, March 31 - April 2, 2009.
Genco Amends $1.4b Credit Facility
Genco Shipping & Trading Limited (NYSE:GNK) announced on Jan. 26 that it has entered into an agreement to amend the company's $1.4b credit facility. DnB NOR Bank…
FMC Awarded $80m for Deepwater Projects
FMC Technologies, Inc. (NYSE: FTI) announced on Jan. 26 that it has signed a contract with BP (NYSE:BP) for the manufacture and supply of additional subsea equipment…
Austin, Senior VP and CEO, Joins Alvarez & Marsal
Key Energy Services, Inc. (NYSE:KEG) announced on Jan. 26 that William M. Austin, Senior Vice President and Chief Financial Officer has decided to join the turnaround…
Completion of the 1st RAM VeriSpreader
NSL Engineering Pte. Ltd., a spreader bar manufacturers, and VeriTainer Corporation, a crane mounted maritime security solutions, are on schedule to complete manufacturing…
HydroComp Celebrates 25 Years
Twenty-five years ago HydroComp was formed with a mission to provide naval architects and ship builders with resistance and propulsion analysis solutions. HydroComp…
New Positive Displacement Plunger Pump
The new 10,000 PSI Model 1810 pump has been added to Cat Pump’s line of triplex positive displacement pumps. This pump delivers a low pulsation flow of 3 GPM at 10,000 PSI. The 1810 pump has a low unswept volume [minimal un-evacuated liquid remains in the pumping chamber] resulting in high volumetric efficiency. The 1810 triplex positive displacement pump has a compact footprint for both portable and stationary installation.
Breauxs Bay Delivers Miss Lauren
Early this February, Breauxs Bay Craft will deliver their largest crew boat to date to Gulf Offshore Logistics. It is the third in a three boat series for GOL. The red-hulled Miss Lauren is a 180 ft DP2-equipped crew boat. She is powered by four Cummins KTA50 mains each delivering 1800 hp at 1900 RPM to Twin Disc MG6848 gears with 2.93:1 ratios. Two of the four Nibral 54x54-inch propellers are mounted…
This Day in Naval History – Jan. 28
1778 - Second New Providence Expedition raised the flag with thirteen stripes over Fort Nassau. 1960 - Navy demonstrates value of moon communication relay, used in fleet broadcasts.
