Salvage of Capsized Rig to Finish by March 2015
Salvage work to remove a capsized rig lying in shallow waters offshore from Angola's new liquefied natural gas (LNG) export plant should be completed by March 2015, the company in charge of the operation said. The three-legged Perro Negro 6 drilling rig overturned last summer as it was being positioned to bore a tunnel for a gas pipeline key to feeding the $10 billion plant. Italian oil services firm Saipem chose South African company Smit Salvage…
Kashagan Consortium: Oil Production Not Expected in 2014
A consortium developing Kazakhstan's huge Kashagan oilfield said on Monday it did not expect to produce oil in the offshore field this year due to leaking pipelines. "The current assessment, based on the results of an investigation, is that both the oil and the gas pipelines might have to be fully replaced," the consortium also said. The North Caspian Operating Company (NCOC) consortium includes Eni, Exxon Mobil, Royal Dutch Shell , China's CNPC, Japan's Inpex and Kazakh state-run KazMunaiGas.
Coast Guard Searching for Overboard Cruise Ship Passenger
U.S. Coast Guard (USCG) crews are searching by sea and air for a 30-year-old man who reportedly jumped over the railing of the Bahamas Cruise Ship Celebration early Sunday morning, 27-miles east of Delray Beach, Florida. James Miller of Charleston, South Carlina, a passenger aboard the vessel, reportedly went overboard early Sunday, the USCG said. Watchstanders at the Coast Guard Seventh District in Miami received notification from the Celebration at approximately 2 a.m. Sunday.
Obituary: Wesley Wheeler, 1933-2014
Wesley D. Wheeler passed away on April 18 in Stamford, Connecticut. He was 80 years old. He was laid to rest in Cyprus Hills Cemetery in Brooklyn, N.Y. Wheeler was an active member of the marine community for 60 years. He lived and worked in many countries and for some of the largest naval architects, consultants and shipbuilding companies in the world including JJ. Henry & Co., J. J. McMullen Associates, H.M.
Obama: Philippines Pact No Threat to China
US says not planning to rebuild old bases or construct new ones. Obama says goal is not to contain China while Philippines' Aquino says Chinese shouldn't be concerned.
Asia-Bound VLCCs to Use Venezuela's St Eustatius Terminal
Venezuela's state-run PDVSA will use a terminal owned by U.S. firm NuStar Energy on the island of Saint Eustatius to store crude and load very large crude carriers (VLCCs) going to Asia…
Navy's Surgeon-General to Receive Honorary Degree
Franciscan Alvernia University is to award an an Honorary Degree of Humane Letters to Vice-Admiral Matthew L. Nathan before he addresses the Class of 2014 at the upcoming May 2014 Commencement.
Midland Surveying Awarded DofD Contract
In the latest listing of US Department of Defense contracts, Midland Surveying, Inc., Maryville, Mo., was awarded a $9,000,000 firm-fixed-price, indefinite-delivery/indefinite…
New UK Polar Research Ship Construction Funded
The British Government has earmarked more than £200 million for a new UK polar flagship that will be ready for its first science mission in 2019, according to news from the British Antarctic Survey.
IBIA Appoints Robin Meech Vice-Chairman
The International Bunker Industry Association (IBIA) says it has appointed Robin Meech as its new vice-chairman for a one year term of office. An independent and…
China-Denmark Ratchet Up Maritime Cooperation
The Danish Maritime Authority (DMA) says its cooperation with China has been further strengthened by the signature of an agreement between the Ministry of Business & Growth…
Deep Sea Mining Agreement Reached
The opening of the world's first mine in the deep ocean comes closer to reality as Canadian mining company, Nautilus Minerals, signs an agreement with the Papua…
SECNAV Visits Arizona for JHSV 8 Naming
Secretary of the Navy Ray Mabus attended a ship naming ceremony for the future joint high-speed vessel (JHSV) 'USNS Yuma' (JHSV 8) in Yuma's Gateway Park. Mabus…
Drydocks World Win Europe's 2014 Socrates Award
Drydocks World (DDW) informs it has been recognized with the “Best International Enterprise” award at the 2014 Socrates Awards. In addition His Excellency Khamis Juma Buamim…
Kashagan Output May Not Start Till 2016
Output at Kazakhstan's huge Kashagan oilfield may not start until 2016, the Financial Times said on Sunday, citing Kazakhstan's minister for economy and budget planning.
Hollande To Meet GE Chief To Discuss Alstom
President Francois Hollande and his Economy MinisterArnaud Montebourg will meet General Electric chief executive Jeff Immelt on Monday to discuss the future of French engineering group Alstom…
Siemens And France Weigh In As GE Eyes Alstom Deal - Update
Siemens and the French government intervened in General Electric's plan to buy the power arm of Alstom on Sunday with an alternative European "champions" tie-up…
Blank Rome Rated as Shipping Litigation Leaders
Blank Rome apprises that its international shipping litigation practice, and attorney John D. Kimball have again been ranked in the 2014 edition of 'Chambers Global'.
Alstom To Reflect On Its Future Until Wednesday
French engineering firm Alstom said on Sunday it would continue to reflect on its future until Wednesday and that it had requested trading in its shares remain suspended until then.
Kuwait Signs LNG Deal With Qatargas
Kuwait has signed a contract to import liquefied natural gas (LNG) from fellow Gulf state Qatar to help meet its energy needs to the end of 2014, state news agency KUNA reported on Sunday.
