Saltire Reports Global Growth, Turnover Increase
Saltire Energy, supplier of drilling tools to the offshore oil and gas industry, has posted its year end to June 30, 2013 results with turnover up more than 50% from £21.5 million to £32.9 million. Operating profit for the year has also risen from £14.1 million to £18.5 million. Mike Loggie, Chief Executive of Saltire Energy, said, “The last 12 months has seen steady growth in our business in the U.K. and across our international operations.
Bibby Offshore Charters Construction Support Vessel
Aberdeen-based subsea installation contractor Bibby Offshore has signed a charter agreement for construction support vessel (CSV), the Olympic ARES. The agreement with Olympic Shipping will initially be a seasonal charter beginning at the end of Q1 2014 with options to extend. The vessel will be mobilized with ROVs from Bibby Offshore’s sister company Bibby Remote Intervention Limited and the companies…
Oldendorff, United Bulk Offer Demurrage Free Top-Off Service
United Bulk Terminals USA Inc. and Oldendorff Carriers GmbH & Co. KG announced a cooperative agreement to market combined loading and shipping of coal and petroleum…
MOL Containerships to Aid Typhoon Relief Efforts
Mitsui O.S.K. Lines, Ltd. (MOL) said the MOL Group will provide free transport of relief supplies by containerships to the central Philippines devastated by the recent typhoon.
IHC Merwede CEO Resigns
IHC Merwede’s CEO, Dirk Philips, will step back from his role within the company. Over the past two months, he has led the management board to formulate some important…
Hyundai Heavy Launches New Frigate
Shipbuilder Hyundai Heavy Industries (HHI) held a launch ceremony today for its fifth frigate, ROKS Jeonbuk. The launch ceremony was attended by the Chief of Naval Operations Admiral Hwang Ki-chul…
IOOS Studies Ocean Tech Providers' Economic Impact
In September 2013 the U.S. Integrated Ocean Observing System (IOOS) launched a study to determine the ocean observation sector's impact on the U.S. economy. This…
The Switch's New Generator Passes Initial Tests
The Switch, a manufacturer of permanent magnet generators and full-power converters, announced that its 8.6 MW permanent magnet generator (PMG) for offshore use passed initial no-load testing. The massive drive train component is scheduled to undergo complete full-load tests in the upcoming weeks. The Switch’s medium-speed, rear-mounted PMG design brings together both low- and high-speed technology, resulting in increased annual energy production, particularly at partial loads.
Resolve to Provide Training for Norwegian Cruise Line
Resolve Maritime Academy announced that Norwegian Cruise Line has selected Resolve to be their preferred provider of all simulator-based training courses, along with additional safety courses, which are set to begin in February at Resolve Maritime Academy’s Simulation Training Center in Fort Lauderdale. Resolve offers customized simulation courses and emergency response and safety training programs for all sectors of the maritime industry.
Enormous Antarctic Iceberg a Possible Threat to Shipping
An Iceberg, the size of Manhattan in area, was derived from the Pine Island Glacier, and is currently moving through the Southern Ocean. To keep track of its movements and melting Professor Grant Bigg of UK's University of Sheffield has been awarded a £50,000 grant from the Natural Environment Research Council (NERC) for the 6 month project. The research collected by tracking its movement, and modelling its trajectory and melting…
NASSCO to Build Seabulk Jones Act Tankship, Plus Option
General Dynamics NASSCO, a wholly owned subsidiary of General Dynamics, has entered into a contract with Seabulk Tankers, Inc., a wholly owned subsidiary of SEACOR Holdings Inc. for the design and construction of a 50,000 deadweight ton LNG-conversion-ready product carrier with a 330,000 barrel cargo capacity, plus an option for one additional vessel. Construction is due to begin in 2015, with delivery scheduled for the fourth quarter of 2016.
US East Coast Bunker Business Taken Over by Aegian Marine
Greek-based Aegean Marine Petroleum Network Inc. has entered into an agreement to acquire the U.S. East Coast bunkering business of Hess Corporation. Hess Corporation is currently the leading marketer of marine fuels along the U.S. East Coast. The Hess bunkering operation and associated assets supply the heavily trafficked ports of New York, Philadelphia, Baltimore, Norfolk and Charleston, and include approximately 250,000 cubic meters of leased tank storage.
Multinational Maritime Security Exercise 'Cutlass Express 2013' Under Way
Maritime forces from the United States, 10 East African and two European nations, along with several international organizations, have just commenced the multinational maritime exercise Cutlass Express 2013 off the coast of East Africa. Exercise Cutlass Express 2013, held in several operational areas in waters off East Africa, is an at-sea maritime exercise designed to improve cooperation, tactical…
Offshore Brazil 3D Seismic Contract a First for TGS
TGS, in partnership with Dolphin Geophysical, say they will commence acquisition of a new 3D multi-client survey, Olho de Boi, covering 5,000 km2 offshore Brazil. The survey is designed to image pre-salt plays in the hydrocarbon rich Campos Basin and is located northeast of the Pão de Açúcar discovery in an area of similar structural and stratigraphic characteristics. The Olho de Boi survey will be TGS' first 3D survey in Brazil," stated Rod Starr, Senior VP Western Hemisphere for TGS.
Big Hearted Responses to Philippine Typhoon Disaster
USS Antietam arrives on scene heralding the arrival of the 'George Washington' carrier strike force wth its immense capabilities, cruise ship operators Carnival Corp. pledge a million US$ and KVH grants free phone calls. Capt. Tom Disy, commanding officer of the Ticonderoga-class guided-missile cruiser USS Antietam (CG 54), speaks to local media about Antietam and the George Washington Carrier Strike…
Sharp Upturn in Crude Oil Tanker Rates
Tanker operator’s hopes have been buoyed recently by a sharp upturn in crude tanker rates. Historically, tanker rates over the last two months of the year are the seasonally strongest…
Greenpeace's 'Arctic 30' Arrive St. Petersburg, Russia
Greenpeace International confirms that the train carrying 30 men and women detained after a peaceful protest at a Gazprom Arctic oil platform has arrived in St Petersburg. The Arctic 30 departed from Murmansk in a prison wagon early on Monday and upon arrival in St Petersburg the wagon was detached and moved 1km away from the station. The authorities moved the detainees to transportation buses, surrounded by many police.
Ferry Route Portland, Maine to Yarmouth NS Re-launch
The Province of Nova Scotia has signed an agreement with Quest Navigation, Inc. and ST Marine Ltd. to re-establish the Yarmouth-Portland ferry service. The cruise ferry service will operate under the brand name Nova Star Cruises & provide daily round-trip service within 24 hours, from May 1 to November 2, 2014. As part of the agreement, the Province of Nova Scotia will provide Nova Star Cruises with…
Russian Warship & Intelligence Vessel Twin Keel Laying
Two new vessels for the Russian Navy will be laid down simultaneously at the Northern Shipyard in St.Petersburg: the warship is the fourth vessel in the Admiral Gorshkov-class of frigates, and the other is the second in a new class of intelligence vessels, reports Barents Observer. The keels of the two vessels will be laid down on November 14, 2013, when the Northern Shipyard celebrates its 101stanniversary informs Barents Observer, citing 'Lenta'.
IMO Sec-Gen Keynotes International Maritime CSR Conference
More than 200 stakeholders from the maritime world gathered at the Culture Yard in Elsinore, Denmark, where the World Maritime University, in collaboration with the Danish Shipowners' Association, hosted a major international conference focusing on maritime CSR (Corporate Social Responsibility). The conference was part of the thrust to formulate maritime CSR policies and to implement them by self-regulation…
