Topaz wins $100-million BP Contracts
Topaz Energy and Marine, a leading offshore support vessel company with primary operations in the Middle East and Caspian, today announced the win of two contracts with BP in Azerbaijan’s largest oil and gas fields worth approximately $100 million (USD). Topaz has acquired two European built Platform Supply Vessels (PSVs) to serve the contracts which stretch over five years, including options. The…
Rex International Joint Entity Spuds First Well in Oman
Rex International Holding Limited, one of the largest companies listed on the Catalyst of the Singapore Exchange Securities Trading Limited, announced that its jointly-controlled entity…
Island Ventures Orders Two Ulstein Vessels, First in U.S.
Edison Chouest Offshore and Island Offshore are ordering two new OCV vessels through the company Island Ventures II LLC. One vessel will be built at Ulstein Verft, Norway, and the other in the United States. Ulstein Verft has been contracted to build a new offshore construction vessel of the Ulstein SX165 design. This will be the largest vessel built at the yard so far, as well as its largest single shipbuilding contract. The vessel is scheduled for delivery Q3 2015.
International Lifesaving Agreement to Help Prevent Drowning
Worldwide, drowning is claiming and affecting millions of lives every year. To help combat this problem the International Maritime Rescue Federation (IMRF) and the International Lifesaving Federation (ILS) have agreed and signed a Memorandum of Understanding (MoU). The IMRF brings the world's maritime search and rescue (SAR) organizations together, whilst the ILS is the world authority for drowning prevention, lifesaving and lifesaving sport.
VGP-Compliant Stern Tube Lubricant
Water in oil lubricated systems is undesirable. In a perfect installation, there would be no seal damage or water ingress, but vessel owners encounter this all the time.
JonRie Winches Installed on Marine Towing’s New ASDs
The Super Series 220 Double Drum Bow Winch was designed for a larger capacity rope. This concept used on the Panama Canal for many years as a redundant line tethered to the ship also acts as an Escort Bridle making the tug more stable in prop wash during long escorts. The Twin drums also afford a less loading on each rope under braking. Both drums feature JonRie’sActive Heave Compensation systems.
Bristol Harbor Group Continues Expansion
The Bristol Harbor Group, Inc. (BHGI) announced the continued expansion of its naval architecture and marine engineer practice. Over the past six months the company has welcomed four new additions to the team: Annie Fisher, Naval Architect; Nathan Seelig, Mechanical Engineer; Christopher Cluett, Naval Architect; and Rhea Levin, Administrative Assistant. Annie Fisher graduated in 2013 from the University of Michigan with a B.S.E in Naval Architecture and Marine Engineering.
Keppel and NUS Set Up Corporate Lab
Keppel Corporation (Keppel) and the National University of Singapore (NUS) announced the founding of the Keppel-NUS Corporate Laboratory, in collaboration with the National Research Foundation (NRF)…
Exmar Submits SEC Proposal
Exmar NV announced that it expects to submit to the United States Securities and Exchange Commission (SEC) the first draft registration statement for Exmar Energy Partners LP (the MLP).
GPA Achieves Records in Total Tonnage, Autos
At the Georgia Ports Authority board meeting Monday, Executive Director Curtis Foltz reported that the GPA achieved record volumes and added additional customer accounts in October.
Deep Casing Tools Continues Global Growth
Deep Casing Tools, which has an innovative range of tools designed to land casing and completions at target depth within oil or gas wells, has appointed Jason Henry and Magnus Wardle as Vice-Presidents of Business Development and Technology respectively, further strengthening the global team. Jason has extensive experience in the oil and gas industry, originally joining Baker Hughes in 1986 with operational and project management roles in Europe.
ASV Delivers C-Target 9 Boats to South Korea
Autonomous Surface Vehicles (ASV) Ltd. completed phase one of a two phase C-Target 9 program with South Korea. The highly maneuverable, ultra realistic, high speed marine target drones will be used in the test and evaluation of a new weapon system. In early 2013, Korean company GigaRFlooked to ASV to provide four 9-meter target drones for the Agency of Defense Development (ADD).ASV has worked closely with GigaRF to ensure the timely delivery of the first two vehicles.
Netherlands Ministry Chooses Kongsberg Radar
The Netherlands Ministry of Infrastructure and the Environment, Rijkswaterstaat (RWS), has chosen Kongsberg Norcontrol IT to deliver a state-of-the-art RADAR surveillance…
Handheld Combustion Gas Analyzer
The new E1100 Handheld Combustion Analyzer is a rugged unit for boiler, burner, engine, turbine, furnace and other combustion applications. Precalibrated and field replaceable sensors allow for easy diagnostics and replacements to reduce downtime and costly repair charges.
Big Carriers Gain Market Share
Drewry’s analysis of ocean carriers’ latest financial results shows significant changes in cargo market shares, but how much of it is due to service differentiation is unclear. Ocean carriers’ third quarter financial results reported so far reveal that the largest are growing faster than the smallest. Maersk’s year-on-year cargo growth of 9.5% in 3Q13 was over double the global average of 4.2%, Hapag-Lloyd’s cargo increased by 8.7%, Cosco’s rose by 7.8%, and Hanjin’s was 5.8%.
MOL Migrates 100 Ships to Inmarsat FB
Inmarsat, a provider of global mobile satellite communications services, has announced that global shipping company MOL Ship Management Co. Ltd. have commenced migrating…
China Shipyard's 500-Bed Rig Construction Contract Activated
COSCO Corporation (Singapore) Limited announce that contracts each in excess of US$200-million for two advanced semi-submersible accommodation vessels to be constructed in China have been declared effective. The accommodation rigs are to be built by COSCO subsidiary COSCO (Qidong) Offshore who are responsible for the engineering, procurement and construction of the two semi-submersible vessels. They will be of Gusto MSC Ocean 500 design and will be equipped with 500 beds…
Nordic Shipholding Salvation Re-structuring Plan Agreed
Nordic Shipholding has entered a conditional restructuring agreement with Nordic Maritime, who will take over Nordic Ship Holdings debt of about US$ 58,000,000. The company inform that after the restructuring it will be a tonnage provider in the product tanker segment and the objective is to grow the fleet. The five 37,000 dwt handy-size vessels will remain in commercial management with Maersk, where they participate in the Handytankers Pool…
Deep Ocean Drilling Research: Texas A&M in New NSF Agreement
The National Science Board has authorized the National Science Foundation to enter into a cooperative agreement with Texas A&M University to continue managing the International Ocean Discovery Program (IODP) and operating its scientific research vessel 'JOIDES Resolution', considered a premier research vessel for deep-ocean drilling. The five-year agreement begins Oct. 14, 2014. The new cooperative agreement with the NSF could be as high as $250 million…
Hong Kong Shipowner Again Achieves CSI Verification
Hong Kong's Orient Overseas Container Line (OOCL) says it has once again attained certification on the integrity and disclosure of its 2012 environmental data by adopting Clean Shipping Index (CSI) verification standards. OOCL was accredited the Verification Certification after an audit conducted by DNV GL by using an internationally recognized and accepted verification guideline to check OOCL vessels on a wide variety of scoring parameters…
