Topaz Completes Milestone of Vopak Project
Topaz Energy and Marine Ltd. through its subsidiary Nico International, part of the newly established Topaz Engineering division has successfully completed the first milestone activity of a project for Vopak Horizon Ltd., Fujairah. The project was awarded to Nico by Interbeton (currently being rebranded as BAM International), Abu Dhabi in November last year for the design, fabrication & installation of offshore trestles and pipes. The project is due for completion in December 2009.
Schwarzenegger, Offshore Oil Drilling
According to a June 1 report from the Los Angeles Times, the State Lands Commission lashed out at Gov. Arnold Schwarzenegger's attempt to reverse its rejection of…
Forbes Insists on Navy Shipbuilding Plan
“The Administration has certainly insisted on transparency when it involves divulging our interrogation techniques to alleged terrorists, but has refused to apply…
Chemoil’s Deliveries in GOM Reach 850,000 MT
SGX Mainboard-listed Chemoil (SGX-ST: CHEL.SI), physical suppliers of marine fuel products, has delivered more than 850,000 metric tons (mt) of marine fuels since the commencement of its offshore supply service in the Gulf of Mexico in August 2007. Launched 22 months ago, Chemoil’s marine fuel supply service via Ship-to Ship (STS) operations is supported by chartered tankers MY Atlantic and Nordic Ruth.
London Club Strengthens Financial Position
The London P&I Club reported that, while investment performance was adversely affected in the year to February 20, 2009, its financial position has been considerably strengthened as a result of action taken by its committee in setting additional calls in October 2008. The club’s annual report will be published in July. But a summary of results for the 2008/9 financial year reports a 13.4 per cent fall in the value of the club’s investments…
LeTourneau, PetroVietnam Jack-up Contract
Rowan Companies, Inc. (NYSE: RDC) announced that its wholly-owned subsidiary, LeTourneau Technologies, Inc. (LTI) has entered into a contract to provide the rig kit…
Siemens Opens Seattle Marine Service
Siemens Energy & Automation, Inc. has opened a second marine service location in Seattle, Wa. devoted to servicing offshore supply vessels, cruise lines, ferries…
Evergreen, China Shipping Cooperate on Trades
The Evergreen Line and China Shipping Container Lines have agreed to cooperate on Asia-US West Coast, Asia-Europe and Asia-Mexico-US East Coast containership services commencing June 2009.
Northrop Grumman U.K. Gyrocompass Facility
Northrop Grumman Corporation (NYSE: NOC) officially opened its new U.K. technical support centre to provide service, repair and maintenance for the company’s inertial…
Maersk Line Completes Recapitalization
Maersk Line, Ltd has completed a recapitalization of its U.S. flag container fleet. The effort involved an investment of nearly $400m for the purchase and reflagging of nine ships into the U.S.
MMS $276k Grant for Marine Education Center
The Minerals Management Service (MMS) has awarded a $276,000 grant through the Coastal Impact Assistance Program (CIAP) to Mississippi’s Department of Marine Resources…
Mustang Survival Targets Professional Market
Mustang Survival unveiled its "Go Pro, Go Mustang" campaign with a line-up of new products, new pricing and new service targets. The campaign has been put together…
Lloyd’s Says Containerships Will See Growth
Despite the current overcapacity of tonnage and disastrous shipping rates, the world containership fleet is expected to continue its rapid growth curve, albeit at a slightly reduced rate…
Public Workshops, Offshore Renewable Energy
Secretary of the Interior Ken Salazar announced that the Department of the Interior will host 12 public workshops this month to discuss the newly-issued regulatory…
Alfa Laval’s PureBallast Treats Tankers
PureBallast, Alfa Laval’s chemical-free system for ballast water treatment developed in cooperation with Wallenius Water, will be installed aboard two new bitumen tankers for Nynas, a supplier of specialty petroleum products. It is the first ballast water treatment installation adapted to the hazardous tanker environment. Nynas, a specialist in naphthenic oils and one of Europe’s leading suppliers of bitumen…
This Day in Naval History – June 2, 2009
1941 - First aircraft escort vessel, USS Long Island (ACG-1), commissioned, then reclassified as an auxiliary aircraft carrier (AVC-1) on 20 August and finally reclassified…