McDermott Engineers Created the Worldās Largest Specialty Valves
After nearly two years of planning and development McDermott's team has achieved a first of a kind in the valve industry; creating the worldās largest forged body specialty valve, in collaboration with a valve manufacturer. The valves are destined for the INPEX-operated Ichthys LNG Project. āThe Ichthys Project umbilical, riser and flowline infrastructure ā which will be installed at the Ichthys Fieldā¦
Seaspan Shipyards Completes Repair Work on Historic Tug
Seaspanās Vancouver Shipyards announced today it has completed volunteer repair work on the Steam Tow Boat Master (SS Master) as part of its $50,000 donation to the SS Master Society. The historic tug, built in 1922, and the last remaining example of a once formidable fleet of wooden-hulled, steam-powered towboats on the West Coast, underwent under-water maintenance work that included docking, pressure washing, painting and other general repairs.
10 Cutter-Suction Dredgers Delivered
4 x CSD 500 for the Bangladesh Water Development Board. The dredgers were built at the Karnafuly Chittagong Shipyard, where they have been commissioned by a jointā¦
Infographic Guide to North Sea Well Abandonment
Claxton, an Acteon company, has released an infographic guide to well abandonment costs in the North Sea. Released on the eve of the Oil and Gas UK Offshore Decommissioning Conferenceā¦
Port, UNO Host 1st Annual Maritime Workforce Summit
Summit Set for October 8, 2014 at UNOās Lindy Boggs International Conference Center from 8:30 a.m. until 12:30 p.m. With a focus on educating and engaging community stakeholders on maritime jobs opportunities, the Board of Commissioners of the Port of New Orleans and the University of New Orleans will host the 1st Annual Port of New Orleans Maritime Workforce Summit October 8. Moderated by Mark Romigā¦
SCRA Moving to New Location
Effective October 9th, SCRA will be moving to its new office location. The address is: 315 Sigma Drive, Summerville, SC 29483. While email addresses and phone numbers will remain unchanged, any physical deliveries should be made to the new address starting October 9th.
Integrated LNG Solution for Ship Owners
WesPac Midstream LLC (WesPac), a provider of energy infrastructure and LNG solutions, announced a partnership agreement with Clean Marine Energy LLC (CME), the globalā¦
Trelleborg Demonstrates the Value of Smart Specification
Davao International Container Terminal, Inc.(DICT) located in Panabo City, Davao Del Norte, on the south eastern coast of the Philippines, has bought state-of-the-art Super Cone fenders and Tee Head bollards from Trelleborg. Berths 1 and 2 at the Breakbulk Terminal are old concrete structures that require the installation of a superior fender system as part of the upgrade works. DICT discovered thatā¦
Neves Contends Drives Bullish Bets on Brazil Companies
U.S. options market bulls rushed to some of the biggest Brazilian companies on Monday, a day after pro-business Brazilian presidential candidate Aecio Neves' surprisingly strong showing in the first-round election vote. Brazilian financial markets rallied after the centrist senator's strong finish in Sunday's election, setting the stage for what is expected to be a tight runoff against leftist President Dilma Rousseff. Neves will now face Rousseff in the second-round runoff on Oct. 26.
Glencore Seeks Rio Tinto Merger
Commodities giant Glencore has started talks with Rio Tinto's largest shareholder, Aluminium Corp of China (Chinalco), as it seeks to pave the way for a possible merger in 2015, Bloomberg News reported on Monday. Reuters reported last month that Glencore could make a move for mining rival Rio Tinto to gain exposure to iron ore, citing banking sources. Bloomberg said in its report that Glencore hadā¦
Crude Oil Markets Roiled by Sell Off
A sell-off that began last week continued to roil crude markets, which have been weighed down by worries of oversupply and lackluster demand, pushing Brent crude to a contract low on Monday. U.S.
Seaway System Tonnage Continues Upswing
The St. Lawrence Seaway reported that year-to-date cargo shipments of more than 24 million metric tons moved through the system for the period March 28 to September 30 ā an increase of nearly 5 percent over September 2013. U.S. grain continued its upward trend posting a 14.6 percent increase over the same time last year. āCargo tonnage moved through the Great Lakes-St. Lawrence Seaway System duringā¦
Mine Detection Robot Performs in Bahrain
As the demand for naval technology rapidly escalates globally, the Middle East remains a hotspot for investment and innovation. To this end, Northrop Grumman Corporation (NYSE: NOC), in support of U.S. Naval Forces Central Command in Manama, Bahrain, announced the successful demonstration of an unmanned mine-hunting mission. In the demonstration, the Mine Hunting Unmanned Surface Vehicle (MHU) was used in tandem with Northrop Grumman's AQS-24A Mine Detecting Sensor System in the Arabian Gulf.
Strike Shuts Israel's Haifa Port
Workers at Israel's state-owned Haifa Port went on strike on Monday, shutting one of the major trade gateways, over a government plan to build private, competing ports. "Every hour of the strike causes heavy damage and weighs on Israeli exports and imports," said Chamber of Shipping vice-president David Castle. His statement said it was not clear when the strike would end. Nearly all Israel's exports and imports are transported by shipā¦
TOTE Services Announces New Business
TOTE Services, Inc. won a five-year ship management contract by American Roll-on Roll-off Carrier (ARC). The seven-ship ARC fleet consists of Pure Car Truck Carriers that carry cargo in U.S.
Deal Struck on LNG Delivery for Shipowners
Unique partnership offers the first fully integrated LNG solution to ship owners. WesPac Midstream LLC (WesPac), a leading provider of energy infrastructure and LNG solutions, announced a partnership agreement with Clean Marine Energy LLC (CME), the global facilitator of finance mechanisms for LNG conversion and Emission Control Area (ECA) compliance. This strategic partnership will ensure the supplyā¦
New Tugboat for Iskes Towing & Salvage
Iskes Towing & Salvage has taken delivery of a Damen ASD 3212 tug named Mercurius. To date the Netherlands-based tug operatorās fleet now includes three Damen builds, all built in the last four years. āWe used the same leasing option (with Damen) with the Argus,ā said Ronald Vergouwen, MD, Iskes Towing & Salvage. āAfter 18 months we bought the vessel outright. The financing process takes much longer than in the past.
Industry Addressing Offshore Pipeline Risk
Offshore carbon dioxide (CO2) pipelines could potentially pose a risk for offshore infrastructures, ships and the marine environment. To demonstrate that CO2 pipelines can be operated safely and to ensure the risks are well understood, industry stakeholders have asked DNV GL to initiate a Joint Industry Project (JIP) āCO2 Subsea Releases - Small Scale Experimental Programāā. Several major operators have already joined the āSub-CO2ā JIP including: National Gridā¦
LNG America Taps Paitl for VP Marine Ops
LNG America welcomes Captain George āJoeā Paitl to position of VP Marine Operations and HSSE Compliance. Capt. Paitl is a retired US Coast Guard senior officer who most recently held the position of Commanding Officer and Captain of the Port, Marine Safety Unit Port Arthur, where he oversaw safety, security, law enforcement, and environmental regulatory compliance across a 39,000 square mile area spanning Southeast Texas and Southwest Louisianaā¦
Oil Steadies Above $92 on Signs of Global Growth
Brent crude oil edged down but stayed above $92 a barrel on Monday after a week of sharp falls, as strong U.S. employment data and a rally in global stock marketsā¦
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