Update: Explosion in the Gulf of Mexico
An explosion occurred aboard a production platform Thursday at West Delta 105, operated by Fieldwood Energy, resulting in one fatality and three injured. The Bureau…
Bouchard Vessels Honored by SCA
Forty-three Bouchard Transportation Co., Inc. vessels have been honored by The Chamber of Shipping America (CSA) with Certificates of Environmental Achievement. The awards, given out on Thursday, November 13, recognize vessels that have operated for two full years or more without an environmental incident. “These commendations are a testament to the hard work of both our safety department and our vessel employees,” said Morton S.
Cost to Fuel Ships Falls
For a ship that burns 24 tonnes of fuel per day while steaming, fuel costs are reduced by as much as $1 million a year if current price level stay put. Assuming a difference from the average of first half of 2014 at $578 for 380 cSt, High Sulphur Fuel Oil (HSFO) in Rotterdam, to a new level of $412, and a sailing time of 70%. On an industry-wide scale, the drop have reduced the entire international shipping industry’s daily bunker cost by $117 million per day.
Video: Reefer RoRo Ship Design Rebooted
Expanding on the Reefer RoRo Ship design release in September last year, naval architects group Knud E. Hansen A/S has continued the development of the new Reefer RoRo Ship design with version II. A video showcasing the design is available here. According to the designer, the ship, which is intended for worldwide operation as a Reefer RoRo Ship in the banana trade, emphasizes low box rates by fast and efficient cargo handling in port, which enables slow steaming.
Deepwater Semi-Sub COSL Prospector Delivered
COSLProspector, the fourth deep-water semi-submersible drilling rig built by CIMC Raffles for China Oilfield Services Limited (COSL), has been delivered in Yantai, Shandong Province. It represents another milestone for China’s deep-water drilling rig going into the global mainstream market. The COSLProspector is a DP3 vessel with a length of 104.5 m, a width of 70.5 m, a height of 37.55 m, and an operating water depth of 1,500 m.
New Tidal Wave Energy Device Completes Sea Trials
In the continuing quest to harvest efficient, renewable energy from the power of the world’s tides, an organization called Sustainable Marine Energy’s announced that its PLAT-O tidal energy platform has successfully completed its first field trials. Despite the tremendous power and predictability of the world’s waves and tides, efforts to successfully build and bring to market a device to harness,…
HHI to Build FSRU for Höegh LNG
A new Floating Storage and Regasification Unit (FSRU) will be built by the Korean shipbuilding Company Hyundai Heavy Industries (HHI). This FSRU will be the fifth…
Trelleborg Invests in High-Speed Fender Test Rig
Trelleborg’s marine operation is in the process of building and installing a custom-made high-speed test rig, capable of testing both rubber and foam fenders. The rig is being built in Trelleborg’s new Berryville facility in Virginia, U.S., and represents a substantial investment for the business. When complete, it will be the biggest fender test rig in operation in the industry capable of testing fenders up to the largest commercially available sizes.
Asia Tanker, VLCC Rates Could Climb
Charterers to release 30 Middle East VLCC cargoes next week. VLCC market buoyed by upbeat Suezmax, Aframax sectors. Rates for very large crude carriers (VLCCs) on…
BG Group's Queensland Curtis LNG to Ship First Cargo
BG Group is set to ship the first cargo of liquefied natural gas from its flagship gas project Queensland Curtis LNG on Dec. 20, a source familiar with the matter told Reuters.
Belgian Strike to Impact Antwerp Port
A strike in parts of Belgium on Monday is expected to disrupt rail services and one of Europe's largest ports as trade unions and workers voice their anger over…
Europe Stockpiling Low Cost, Surplus LNG
Demand from top Asian buyers drops sharply; Asian, European gas price spreads converge. Europe set to becoming dumping ground for LNG. Europe is set to become a…
Statoil Halts Angola Exploration, Cancels Rig Contract
Norway's Statoil has halted its exploration campaign in Angola after several disappointing wells and canceled a rig contract with Stena Drilling, the firm said on Friday.
EMGS to Map Brazil's Gas Hydrates
Electromagnetic Geoservices ASA (EMGS) has received a contract worth USD 1.5 million for a research project in Brazil. The project will use 3D EM data to map shallow gas hydrates in the Pelotas Basin.
IMO Steps Up Safety in Polar Waters
United Nations’ International Maritime Organization (IMO) has adopted global, binding regulations to enhance safety of navigation in polar waters. After several years’ intense negotiations…
Transas Launches Web Map Service
Transas Marine has launched Transas Web Map Service (WMS)to provide transparent and easy access to navigation charts through common interface. Access to comprehensive…
Rosneft Completes Geological Survey
Rosneft reports on 100% completion of the geological survey program on Company's offshore license areas for 2014. In the current year geological survey covered 24…
Seaspan Shipyard's Prompt Response to Canadian Coast Guard
Seaspan Shipyard’s long-standing relationship with the Canadian Coast Guard was proudly showcased in recent days, with simultaneous repair and maintenance work on…
DGS Marine Advises Fixed Premium P&I Cover
DGS Marine, a leading global P&I management provider and exclusive manager for the British European and Overseas (BE&O) P&I facility, has highlighted the benefits…
MacGregor's Hatlapa Brand is 95 Today
November 2014 marks the 95th anniversary of MacGregor's Hatlapa brand. Since its foundation in 1919 by German engineer Max Hatlapa, the formerly independent Uetersen…
