Subsea Job Sets World Record
The world’s deepest hot tap operations on a pressurized pipeline have been performed on the Ormen Lange field in the Norwegian Sea during early August. “Being able to connect a spur to a producing pipeline yields significant cost savings,” said Bjørn Kåre Viken, vice president for marine technology and operations in StatoilHydro. Enhanced flexibility in deep water is another advantage of such operations, two of which were conducted on Ormen Lange in a depth of 860 metres.
J. Ray Completes PEMEX Maloob-C
Houston-based J. Ray McDermott recently bid farewell to the Maloob-C drilling platform, built under a contract for PEMEX Exploración y Producción, Northeast Marine Region.
Composite Tech Sells Turbine Business to DSME
Composite Technology Corporation (CTC) (OTCBB: CPTC) announced that it has reached agreement to sell substantially all of the operating assets and operating liabilities of DeWind Inc.…
NZ Warns against Mobile Phones Underway
Maritime New Zealand issued a safety bulletin cautioning mariners on the use of mobile phones. The bulletin stated that three people have been killed in recent collisions…
CG Reopens Intracoastal Waterway
The Coast Guard Marine Safety Unit Port Arthur reopened the Intracoastal Waterway after the towing vessel Caroline was refloated Monday. The waterway was closed…
Brunswick Pricing $350m of Senior Secured Notes
Brunswick Corporation (NYSE:BC) announced that it has priced an offering of $350m aggregate principal amount (increased from $250m, previously announced) of 11.25…
SAM Taihang to Equip Brazilian Tankers
SAM Taihang Electronics, SAM Electronics’ Chinese subsidiary in Taizhou, Jiangsu Province, has been awarded a contract for the supply of comprehensive automation…
Aegean Marine Q2 2009 Results, Sales up 21.6%
Aegean Marine Petroleum Network Inc. (NYSE:ANW) announced financial and operating results for the second quarter ended June 30, 2009. The company recorded net income of $16.3m…
Hornbeck Proposes $200m Senior Notes
Hornbeck Offshore Services, Inc. (NYSE:HOS) announced that it intends to offer, subject to market and other conditions, approximately $200m aggregate principal amount…
IMCA’s Concern Over Jones Act Modifications
Strong support and serious expressions of concern from across the global industry have been expressed to the International Marine Contractors Association (IMCA)…
This Day in Naval History – August 13
1918 - SECNAV approves acceptance of women as yeoman (F) in U.S. 1942 - USS Cleveland (CL-55) demonstrates effectiveness of radio-proximity fuze (VT-fuze) against…
Pirates Release Italian Cargo Ship
The NATO Shipping Centre reported that an Italian tugboat and its crew of 16, seized by pirates off the Gulf of Aden in April, have been released, according to Italian…
Hywind Power Line in Place
The 13-kilometre submarine cable to carry electricity from the Hywind floating wind turbine has now been installed and tested in the sea north-west of Stavanger. Once generation starts, the power will come ashore in Røyrvika near Skudeneshavn on the island of Karmøy and be delivered to local grid operator Haugaland Kraft. This pilot project, based on StatoilHydro’s own concept, ranks as the world’s first full-scale floating wind turbine.
N. Korean Ship Searched
According to an August 10 report from The New York Times, Indian authorities have detained a North Korean vessel and are searching it for radioactive material, the…
Texas Barge Collision Halts Oil Traffic
According to a report from Reuters, two barge tows collided in the Intracoastal Waterway between Port Arthur and Galveston, Texas, halting oil industry and other traffic for more than 12 hours…
New Course to Reduce Accidents & Costs
With newly released statistics showing marine accidents up on last year and a recent court case, which investigated the deaths of three mariners, resulting in a $461,700 company fine, safety has never been higher on the marine agenda. In response to this, a new training course is being launched to help reduce the number of marine deaths and incidents and save shipping companies millions of pounds in hefty fines and insurance costs.
New Navy Contract
General Dynamics, Electric Boat Corp., Groton, Conn. is being awarded a $6,310,969 modification to previously awarded contract (N00024-06-C-4003) for Nuclear Regional…
Panama Canal Hosts Canadian Prime Minister
The Panama Canal Authority (ACP) hosted Canadian Prime Minister Stephen Harper today, during his first official visit to the Republic of Panama. Panamanian President Ricardo Martinelli, Panamanian Vice President Juan Carlos Varela, ACP Board Chairman and Minister for Canal Affairs Romulo Roux, along with ACP Administrator/CEO Alberto Alemán Zubieta, greeted the Prime Minister and briefed him on the…
New Class Rules for OSVs
The current status of new class rules and complementary solutions for safer operation of offshore service vessels (OSVs) were presented by Germanischer Lloyd's Helge…
Hap-Lloyd Supervisory Board Support for Scheme
The Hap-Lloyd Supervisory Board has studied the restructuring proposals submitted by Roland Berger and will give these its sustained support. The Report confirms…
