Reduce Fuel Bills without Going to Drydock
Propeller buffing is a new technique that aims to keep propellers in optimum condition. The process is not conventional propeller polishing, but a service developed and delivered only by Hydrex. Routine propeller buffing can save 5% from the fuel bill, Hydrex said, adding that the service is very easy to schedule and carry out regularly. This offers extraordinary ROI in terms of instant fuel savings. Very low outlay for very high returns and an extremely rapid payback.
IMCO Purchases NAUTIS ECDIS
A classroom of NAUTIS Desktop Trainers and a NAUTIS Instructor Station was purchased by the International Maritime College Oman (IMCO). The simulators allow the IMCO to add certified ECDIS Model course 1.27 training to its curriculum. The classroom was delivered and installed by VSTEP engineers at the IMCO premises in Sohar, Oman. IMCO purchased twelve NAUTIS Desktop trainer units and a NAUTIS Instructor Station to provide the complete range of ECDIS Model Course training for its students.
Brazil's Petrobras resumes output from Campos Basin's P-20 rig
Petroleo Brasileiro SA resumed production on Monday from offshore oil platform P-20 in the Campos Basin, the state-run oil company known as Petrobras said in a securities filing.
Australian LNG investment is at risk, but not as much as feared
The Australian oil and gas industry is telling everybody that a second wave of investment in liquefied natural gas (LNG) plants is at risk unless labour and regulatory costs are cut.
Russia's Gazprom: Ukraine did not pay for gas on time
Gazprom and Ukraine locked in gas price dispute; Russian gas transit to Europe via Ukraine stable. Russian natural gas producer Gazprom said on Tuesday Ukraine had…
Offshore firm's IPO may give Singapore market shot in the arm
This would be only the second mainboard IPO in Singapore this year. Singapore's IPO market lacklustre in recent years, but oil and gas related offerings find favour in Singapore.
As Iraq sells more oil to Asia, quality issues emerge
Asia to buy nearly 60 percent of Iraq's Basra Lt exports. Export facilities upgrade, new fields to boost volume in second half, but Buyers remain wary of quality issues, loading delays.
Songa Offshore expects to secure financing for remaining rigs
Norwegian oil driller Songa Offshore is confident it can raise the debt it needs in order to pay for the last two rig newbuilds it has ordered, Chief Executive Bjoernar…
CNO Addresses Payloads, Platforms at Sea-Air-Space
The Navy's top admiral joined his sea service counterparts to discuss the importance of the sea services at the Sea-Air-Space Service Chief Update Panel today. Speaking to members of national and international defense industries, Chief of Naval Operations (CNO) Adm. Jonathan Greenert encouraged partnership and increased reliance on payload capacity rather than platform designs. "We need lower cost approaches," said Greenert.
U.S. Navy to Test Electromagnetic Rail Gun at sea in 2016
The U.S. Navy is planning sea trials for a weapon that can fire a low-cost, 23-pound (10-kg) projectile at seven times the speed of sound using electromagnetic energy, a "Star Wars" technology that will make enemies think twice, the Navy's research chief said. Rear Admiral Matthew Klunder, the chief of Naval Research, told a round table group recently the futuristic electromagnetic rail gun had already undergone extensive testing on land and would be mounted on the USNS Millinocket…
Family Rescued by U.S. Navy Heading Home
A family of four rescued from their sailboat after the youngest of two children became seriously ill are due to return to California on Wednesday aboard a U.S. warship that picked them up over the weekend, Navy and Coast Guard officials said. Military officials declined on Monday to give any details on the medical condition of 1-year-old Lyra Kaufman except to say that she, her 3-year-old sister, Cora…
Suspicious Skiff Reported NE of Socotra Island
The U.S. Navy Maritime Liaison Office in Bahrain has advised that the Master of a merchant vessel reported being approached by a suspicious skiff north-east of Socotra Island…
BV Strengthens Vehicle Inspections in U.S.
Bureau Veritas has just completed the acquisition of Quiktrak Inc., an American company specializing in vehicle and agricultural machinery stock audit. Founded in 1991 and headquartered near Portland…
Green new-build wins GAC Group Chairman's Environment Award for GEMS
The commitment of GAC Energy & Marine Services (GEMS) to sustainability when building its new purpose-built office and warehouse building in Houston, Texas, has…
Wärtsilä’s Propulsion CMS recognized by 3 Classification Societies
Wärtsilä has received service level recognition for its Propulsion Condition Monitoring Service (PCMS) by DNV-GL. Wärtsilä is the first company to attain this type…
Update: Petrobras Denies Shelving Debt Sales
Petroleo Brasileiro SA on Monday denied shelving plans to sell debt in local and international markets later this year because of a series of scandals regarding…
Saltchuk Acquires Tropical Shipping
A subsidiary of Saltchuk Resources, a transportation and petroleum distribution company, has entered into a binding purchase and sale agreement to acquire Tropical Shipping and its related companies. The acquisition includes the premier shipping and logistics company for the Bahamas and Caribbean, Tropical Shipping and all of its related transportation, consolidation and cargo insurance companies.
U.S. Navy to Test 'Star Wars' Technology at Sea in 2016
The U.S. Navy is planning sea trials for a weapon that can fire a low-cost, 23-pound (10-kg) projectile at seven times the speed of sound using electromagnetic energy, a "Star Wars" technology that will make enemies think twice, the Navy's research chief said. Rear Admiral Matthew Klunder, the chief of Naval Research, told a round table group recently the futuristic electromagnetic rail gun had already undergone extensive testing on land and would be mounted on the USNS Millinocket…
SCIGRIP Sponsors World Cup Solar Challenge Boat Team
SCIGRIP, a global supplier of smart adhesive solutions, announced it is sponsoring the Polish Green Solar Team in the DONG World Cup Solar Power Challenge 2014, taking place in Holland this summer. Participants must complete the 150-mile staged course from June 28-July 5 in highly customized vessels powered only by energy from the sun and driven by solar panels. SCIGRIP is supporting the Green Solar Power Team…
Nordic American Tankers Announces Public Offering
Nordic American Tankers Limited (NAT) today announced an underwritten public offering of 10 million common shares pursuant to the company's effective shelf registration statement. Morgan Stanley & Co.
