NOC to Load First Oil in a Year from Es Sider
Libya is due to start loading its first crude oil tanker in a year from top port Es Sider on Tuesday following a year-long blockade by eastern federalists, a Libyan…
Russian Food Import Ban: Trucks Lose, Shipping Wins
Team Niinivirta, a Finnish family-run transportation firm, turned 60 this year, but its third-generation managers now don't know if the business will see Christmas, because of Russia's new ban on European food imports. The firm based in Kotka, on the Gulf of Finland opposite Saint Petersburg, was using its 12 refrigerated trucks to ship 80 loads a month of Finnish milk products to Russia. But the ban on imports of dairy products…
Triton’s Yacht-based Submersible to Debut in Monaco
New lightweight, low profile Triton 1000/3 LP designed specifically to fit into existing yacht tender garages. Triton Submarines (Triton) announced that it will introduce its newest model, the Triton 1000/3 LP (Low Profile) at the 2014 Monaco Yacht show September 24-27. Triton’s model line now includes eleven models configured for two to eight passengers with depth ratings from 1,000 feet (305 meters) to 5,500 feet (1,675 meters) as well as the full ocean depth rated Triton 36000/3.
DBR to Deliver Custom Gas Genset for Platform E17a-A
DBR Generatorsets is on course to complete construction of a gas engine driven generator set for GDF SUEZ E&P Nederland B.V. in time for installation on the E17a-A platform at the end of the year. Due to space restrictions on the existing platform, DBR is fabricating a custom engineered generator set. “We are using a modified design to deal with the lack of space on the platform,” said DBR Sales Manager Henri Hafkamp.
Markey Equips Research Vessel Sally Ride
Named for the first American woman launched into space aboard the Space Shuttle Challenger, the Research Vessel Sally Ride was commissioned August 9 at Dakota Creek Industries (Anacortes, Washington). Sally Ride is a U.S. Navy Office of Naval Research sponsored Auxiliary General Oceanographic Research Vessel (AGOR-28). The vessel’s advanced deck machinery will be operated by Scripps Institution of Oceanography personnel during extended scientific missions upon the seven seas.
Xervo and SH Group Expanding in Norway
The possible introduction of the NORSOK R-002 standards means there’s a big job to be done upgrading the lifeboats and rescue boats onboard the rigs already operating in the Norwegian sector. In order to meet the growing demand, SH Group and its subsidiaries Xervo and Sepro Technology are now opening an actual business unit in Sandnes. In addition, all three companies will take part in the ONS conference in Stavanger at the end of August…
OceanSaver Reports Surge in BWT Orders
OceanSaver said it has received a rush of ballast water treatment (BWT) system orders for large vessels. The Norwegian firm, a BWT specialist developing solutions since 2003, has won orders for more than 40 systems in the last six months, with some 21 units delivered so far this year. The latest contracts, worth approximately $30 million, cover a diverse range of large tonnage, from a number of key international markets, with VLCCs, Aframax tankers, product tankers and Cape Size bulk carriers.
Vopak Asia Contracts Ramco for HR Systems
Ramco Systems has announced that it has been awarded a five-year contract from the Asia division of Vopak, the world’s largest independent tank storage provider…
Statoil: Gudrun Officially Opened
Norwegian prime minister Erna Solberg officially opened the Gudrun platform in the North Sea today, 19 August. This is the first new Statoil-operated platform on the Norwegian continental shelf (NCS) since Kristin in 2005. Gudrun is the first in a long line of new field developments operated by Statoil, and therefore it represents a new era on the NCS. The next in line is Valemon, which is scheduled for start-up later this year.
Turkish Shipbuilder to Send Floating Power to Gaza
Turkish shipbuilder Karadeniz Holding plans to send an electricity generating vessel to Gaza to provide urgently needed power in the enclave left reeling by an Israeli…
Maersk Buying Back Shares, Earnings Up
Shares rise 5 pct after improved guidance, better quarter than expected. Maersk indicates more buybacks after first in its history. Efficiency, cost savings boost Maersk Line compared to rivals.
Maersk Raises Post-Q2 Financial Outlook
Danish shipping and oil group A.P. Moller-Maersk reported a second-quarter net profit above forecasts thanks to better profits in its container shipping business Maersk Line.
Private Equity Knocks on Shipping's Door
Shipping is currently attracting a great deal of interest from investors in the private equity sector, according to UK-based accountants Moore Stephens, members…
Swiber to Fly Mexican Flag on 4 More OSVs
Singapore-based Swiber informs it will hoist the Mexican flag on another four vessels in its fleet, comprising one derrick pipelay barge and three anchor handling tug / supply vessels (AHTs).
New Book 'Rough Waters' Mingles Fact & Fiction
Throughout his 81 years of life, Doctor Jac has survived cancer, a stroke, open-heart surgery and the death of his son, all while remaining active and successful in business.
Scorpio Tankers' Latest Newbuilding News
Scorpio Tankers Inc. says it has reached an agreement with an unrelated third party to purchase an MR product tanker that is currently under construction at SPP Shipbuilding Co., Ltd. of South Korea.
Liquiline to Construct Denmark's First LNG Bunker Terminal
Liquiline says it has entered into a contract with Fjord Line to design, construct and commission an LNG ship bunkering terminal for Fjord Line AS at the Port of Hirtshals, Denmark.
Navy Divers Note USS Houston Grave Site Disturbance
U.S. Navy underwater archeologists, in conjunction with Indonesian Navy divers, have assessed in an interim report that the wrecked vessel surveyed in the Java Sea…
First Grain Shipload Leaves ADM Brazil Port
The first loaded vessel has departed Archer Daniels Midland Company’s (ADM) new export terminal in Barcarena, in the northern Brazilian state of Pará. ADM explains…
Clarksons Report Strong First Half Performance
Leading shipping services group Clarkson PLC (Clarksons) has reported its unaudited Interim Results for the six months ended 30, June 2014. "Clarksons' strong performance…