Russian Offshore Hiatus: But World's No.1 Oil Producer
Still no Arctic offshore oil from the Prirazlomnaya platform, but Russia keeps the position as the world’s largest oil producer. Prirazlomnaya field in the eastern…
Latest US Navy Contracts
US Department of Defense awards New Year contracts to BAE Systems & Science Applications International Corp. BAE Systems Norfolk Ship Repair, Norfolk, Va., was awarded a US$50…
Singapore Navy Submarine Returns from Swedish Refit
The Singapore Navy's second 'Archer-class' submarine 'RSS Swordsman' returns to Singapore after upgrading. The Republic of Singapore Navy's (RSN) Archer-class submarine, RSS Swordsman, has arrived at Changi Naval Base (CNB) from Sweden. Chief of Navy, Rear-Admiral Ng Chee Peng, and other senior naval officers were present at CNB to witness its return. Launched in Karlskrona, Sweden, on 20 October 2010…
Lake 3D Seismic Survey Contract for TGS
TGS, through its wholly-owned subsidiary Arcis Seismic Solutions, begins multi-client energy survey of Ille Lake in Central Alberta, Canada. The lake, popular with anglers and nature-lovers…
Lack of Committed Charters Cause of MOL's Losses
In his New Year message, Mitsui O.S.K. Lines President Muto predicts loss in 2013 of same magnitude as last year, suggests new business model. Excerpts from Mr.
Vroon Take Delivery of China-built Bulk Carrier
Vroon takes delivery of 'MV Sicilian Express', the last in a series of four bulkers built at COSCO Dalian Shipyard, China. MV Sicilian Express is a 92,500-dwt post-panamax bulk carrier, and her Chinese crew sails under the Gibraltar flag. Responsibility for management of the vessel has been awarded to Fleet Management Ltd. of Hong Kong. Vroon BV, located in Breskens, The Netherlands, operates and manages a diverse fleet of approximately 160 vessels.
Rig Accommodation Provider Seeks Court Protection
Equinox Offshore Accommodation Ltd. faced with a winding-up petition for a US$600,000 claim, applies to Singapore Court for 'judicial management'. The Board of Equinox…
Statoil in New Field Development Offshore Canada
The Hebron field development offshore Newfoundland and Labrador was sanctioned by operator ExxonMobil and its co-venturers. Located approximately 350 km offshore Newfoundland, the Hebron platform will be a concrete Gravity Based Structure (GBS) in 95 meters water depth. The Hebron field is estimated to produce more than 700 million barrels of oil. The platform is being designed for an oil production rate of 150,000 barrels of oil per day.
BP Order 13 New Tankships
BP Plc confirms an order for 13 of the vessels, 2012’s largest tankship shipbuilding order. According to information obtained by Bloomberg the order, placed with Changwon…
Tide Turns for US Boating Industry
Recreational boating industry reports ten percent increase in new power boat sales in 2012: first sign of healthy growth since recession. According to the National…
Towline Aboard Stranded 'Kulluk' Rig
Aerial and onboard inspections confirm the vessel remains firmly aground & stable on Sitkalidak Island, Alaska, with no sign of leakage of pollutants. Naval architects on the survey team confirm the Kulluk is structurally sound and fit for towing to safe harbor in nearby Kiliuda Bay. The exact timing for potential towing activity is dependent on weather, tides and operational readiness. Once the Unified Command team managing the incident confirms it is safe and ready to move forward…
Major BP Upstream North Sea Project Starts Production
BP and partners start production of oil/gas from the Skarv field in the Norwegian Sea, one of a series of new major upstream projects. “The start-up of Skarv is a key operational milestone for BP…
Lehman Acquires IMECO
J.F. Lehman & Company investment affiliates acquire AMECO, provider of electro-mechanical solutions to the defense, aerospace and maritime sectors. IMECO, based in Iron Mountain…
Thousand Ships Stuck in East China Sea Ice
Unusually thick sea ice on Laizhou Bay in east China's Shandong Province strands coastal ships. Zheng Dong, chief meteorologist at the Yantai Marine Environment…
Two Major Firms Join Sustainable Shipping Alliance
Major paint & coatings company AkzoNobe & Taiwan's U-Ming Marine Transport Corp's 44 ships join the Sustainable Shipping Initiative (SSI). The SSI is facilitated…
Seanergy Maritime Sells Subsidiary BET
Seanergy Maritime Holdings Corp. has completed the sale of its 100% ownership interest in Bulk Energy Transport (Holdings) Limited (BET). The Buyer, I.M.I. Holdings Corp.…
HII Subsidiary AMSEC Wins US Navy Contract
Huntington Ingalls Industries' subsidiary AMSEC contracted to support submarine & surface ship new construction. AMSEC LLC subsidiary has been awarded a contract by the U.S.
Scientists Link Climate Change and Gray Snapper
Models Project Northward Distribution Shifts Using Temperature, Estuarine Habitats as Key Factors. NOAA scientists continue to develop and improve the approaches used to understand the effect of climate change on marine fisheries along the U.S. east coast. Their latest study projects that one common coastal species found in the southeast U.S., gray snapper, will shift northwards in response to warming coastal waters.
General Dynamics Awarded $4.6 Billion for Sub Programs
General Dynamics Electric Boat was recently awarded three U.S. Navy contracts totaling $4.6 billion to design and develop the next-generation strategic deterrent submarine…
AWO Applauds Passage of Coast Guard Bill
Maritime Workers Applaud Congressional Passage, Presidential Signature of Coast Guard Bill. On behalf of the American Waterways Operators (AWO) and its 350 member companies, AWO President & CEO Tom Allegretti thanked bipartisan leaders in Congress for passing and President Obama for signing the Coast Guard and Maritime Transportation Act into law late last month. The bill contained several AWO-supported provisions…
