McDermott Wins Fast-track Build Contract in Indonesia
McDermott International, Inc. announced today that one of its subsidiaries has been awarded a fast-track fabrication contract by PC Ketapang II Ltd., a subsidiary of PETRONAS for the BTJT-A Jacket as part of the Bukit Tua Development Project in the Ketapang block of East Java, Indonesia. The contract is included in McDermott’s second quarter 2014 backlog. McDermott will fabricate the four-leg 1,100-tonne wellhead jacket, from the Batam Island fabrication facility in Indonesia.
Today in U.S. Naval History: August 25
Today in U.S. Naval History - August 25 1843 - Steam frigate Missouri arrives at Gibralter completing first Trans-Atlantic crossing by U.S. steam powered ship. 1942 - Five Navy nurses who became POWs on Guam repatriated . 1951 - 23 fighters from USS Essex (CV-9) escort Air Force heavy bombers attacking Najin, Korea since target was beyond range of land-based fighters. For more information about naval history, visit the Naval History and Heritage Command website at history.navy.mil.
Rickmers-Linie Transports Railway Cranes to China
Rickmers-Linie, the Hamburg-based liner carrier for break bulk, heavy lifts and project cargoes has again been chosen by Kirow for the transportation of railway cranes from Hamburg to Xingang. The shipment in August marked the continuation of a long-standing relationship between the two companies. The shipment contained six cranes of the type KRC 2880, with 20 more units of the type KRC 1680 are to follow into 2015. Kirow has been a long-term supplier of the Chinese railways.
SMM Finance Forum: ‘Banks are Lending Again’
For Dr. Carsten Wiebers, Global Head of Maritime Industries at KfW IPEX-Bank, and member of the SMM Advisory Board, innovative financing solutions are key to Europe's continued international competitiveness in maritime high technology. On September 8, 2014, or SMM Finance Day, the SMM Ship Finance Forum will be held for the second time in conjunction with international maritime trade fair SMM. The forum…
Tanker Carrying Kurdish Crude Changes Course toward Cyprus
A tanker carrying 300,000 barrels of Kurdish crude oil has changed its destination to Limassol, Cyprus, as it returned from the United States without delivering…
Amver Awards Presented to Wallem-Managed Fleet
More than 10 percent of Wallem’ Ship Managements fleet was presented with Amver (Automated Mutual-Assistance Vessel Rescue System) Awards by Captain Michael H. Sim, United States Coast Guard Liaison Officer to China, in Hong Kong today. Simon Doughty, Wallem Group CEO, received the Awards on behalf of the crew on board each of the vessels recognised for their involvement. “Assistance at sea is the oldest maritime obligations…
Turning Global Risks into Sustainable Opportunities
A new global initiative launched by DNV GL and Monday Morning Global Institute aims to identify opportunities for sustainable responses to a range of global risks.
Voith Bags Largest Marine Order to Date
In South Africa’s largest local shipbuilding contract Transnet National Ports Authority has ordered nine new Voith Water Tractors (VWT) for use in several ports across the country, marking the largest order in the history of Voith marine technology. The VWT will be built by South African Shipyards in Durban over the next 42 months. Eight of the tugs will be identical in construction with a length of 31 meters and a beam of 12.5 meters.
Ulstein Designs PSVs for Otto Offshore
Ulstein Design & Solutions has entered into a contract with Wuchang Shipbuilding Industry Co., Ltd, China, for the delivery of ship design and equipment for four PX121 type platform supply vessels. The shipowner is the Singapore based Otto Offshore Ltd., who will receive all vessels in 2016. The contract also includes an option for four additional vessels. These PX121 vessels are capable of supporting offshore activities which are being carried out further from shore and in deeper waters.
Pushing the HPHT Envelope
With demand for hydrocarbons increasing and costs rising, the E&P industry is also facing numerous technical challenges including the development of High Pressure – High Temperature (HPHT) reserves.
Deltamarin Expands its Services into EPC
Finnish naval architecture and engineering company Deltamarin Ltd. has established a subsidiary, Deltamarin Floating Construction Ltd., to enlarge the scope of the group’s services.
ABS to Class Ultra Deepwater Offloading Unit
The Remora HiLoad DP BR unit design approved by ABS will have advanced capabilities for offloading operations in Brazil's Santos Basin. ABS, a provider of classification…
Wärtsilä Launches Low Loss Hybrid Energy System
Wärtsilä announced that it will launch its new Low Loss Hybrid (LLH) innovation at the ONS 2014 exhibition being held in Stavanger, Norway from August 25 to 28. The Wärtsilä LLH utilizes different power sources in combination with energy storage devices to operate the prime movers closest to their optimum performance. In addition to annual fuel savings of up to 15 percent, depending on the type and configuration of the engine and mission profile…
Island States Battle Rising Seas, Seek UN Relief
"Frightening" prospect of rising seas - U.N.; Islands say overlooked, fault inaction over climate. Small island states facing a "frightening" rise in sea levels…
Coast Guard, Stakeholders to Meet Disabled Tanker in San Francisco Bay
The U.S. Coast Guard, along with several federal, state and local partner agencies, have formed a safety and assessment team with the owners of the disabled tanker…
Six More Migrants Dead, says Italy
At least 25 migrants die during weekend Mediterranean crossings; Italy says has rescued almost 4,000 in last 48 hours. Italy's search and rescue services have found…
Suez Canal July Revenue at $482 mln
Revenue from Egypt's Suez Canal rose by 8.6 percent in July to $482.2 million from $443.9 million in June, Egypt's state information portal said on Monday. The waterway…
DMR Sees US Container Terminal Sector M&A Flurry
M&A (Merger & Acquisition) activity in the US container terminal sector is currently at its highest level since the boom time of the mid-2000s. However, whilst the…
Drilling Deep: Pushing the HPHT Envelope
With demand for hydrocarbons increasing and costs rising, the E&P industry is also facing numerous technical challenges including the development of High Pressure – High Temperature (HPHT) reserves…
GPS Satellites Launched, Stray Off Course
Following an announcement made by Arianespace on the anomalies of the orbit injection of the Galileo satellites, the teams of industries and agencies involved in…
