Multiclient Seismic Data Offshore Mozambique Available from Schlumberger
Schlumberger announced today the availability of its multiclient seismic survey offshore Mozambique. The Schlumberger multiclient seismic data offered in collaboration…
Caterpillar's Rich Moore to Speak at Goldman Sachs 2014
Caterpillar Inc. Director of Investor Relations Rich Moore will speak at the Goldman Sachs 2014 Industrials Conference on Thursday, November 13. He is scheduled to speak at 11:20 a.m. Eastern Time.
Adani Ports Q2 Net jumps 68%
Adani Ports & SEZ Ltd, India’s largest port developer and part of Adani Group, today announced financial results for the quarter and half year ended September 30, 2014.
Repairs to Mumbai Port's Lock Gate
Mumbai Port Trust in their circular No. MbPT Circular No. TM/ID/CIRCULAR/678 has informed about their plan to repair the outer lock gate through a private contractor.
Cairn Makes Second Senegal Find
Cairn has made a discovery of high quality oil in the second well in the Senegal exploration programme. The SNE-1 well is located in 1,100 metres (m) water depth…
Leavitt tapped to head Northrop Grumman Maritime Systems Business
Northrop Grumman Corporation (NYSE: NOC) named Todd Leavitt, vice president of the company's Maritime Systems business unit, effective immediately. Leavitt will…
USCG Warns on Hull Magnet Modifications
This alert raises awareness as to the importance of not modifying equipment or components from their intended design or operation. Recently, a State Pilot suffered a concussion as he was boarding a vessel via its pilot ladder. The primary cause of the accident was an improperly modified embarkation ladder hull magnet that disconnected from the ship's hull and struck the Pilot on the head. Unfortunately, this was not an isolated incident.
Vard 3Q: Higher Revenues, Solid Order Book
18.5% increase in 3Q revenue, and 4.5% increase in 9M revenue from same periods in 2013. Vard Holdings Limited (“VARD”, and together with its subsidiaries, the “Group”)…
Senate Panel Ponders Expedited LNG Export Reviews
U.S. lawmakers on the Senate Energy Committee will vote on a bill this week aimed at speeding up the Department of Energy's review of liquefied natural gas export applications. The panel will weigh a bill introduced by Senator John Hoeven, Republican of North Dakota, over the summer that would require the DOE to issue a decision on gas export projects within 45 days after companies have filed an application with the Federal Energy Regulatory Commission.
Offshore Supply Vessels: The U.S. Can Compete
After all, the industry was created in America ... it is only appropriate that the United States dominate it again. Offshore supply vessels (OSVs), also known as platform supply vessels (PSVs)…
Quantitative Risk Analysis for LNG Terminals
Widescale Development of LNG Bunkering is Expected. Lloyd’s Register recently conducted a survey that indicated that the majority of major ports around the world are either planning for, or are anticipating, the widescale development of LNG bunkering. One of the locations is the Port of Rotterdam, which is a busy port with dense traffic on the various waterways consisting of both maritime and inland vessels.
Cutter Suction Dredge CSD500 from Damen
A Nigerian customer added its ninth Damen dredger to its fleet. The Cutter Suction Dredger type CSD500 was chosen due to the availability of Damen Field Services in Nigeria, the builder said, adding that the local presence was even more practical in view of the challenging assembly conditions. For Damen’s Service Hub Nigeria this job is one of the first successes. Damen Shipyards Group usually has a spares-stock available in Nigeria for standard dredgers such as the CSD500.
MR Interview: Erik Ceuppens, SVP, Satellite Communications, Airbus Defense & Space CIS
Transformation in the maritime communication sector continues, as Airbus Defense and Space announces plans to sell its commercial satellite communications business. MR spoke with Erik Ceuppens, SVP, Satellite Communications, Airbus Defense & Space Communications, Intelligence & Security (CIS), to help put the development in perspective. The maritime communications sector has been in near continual flux for nearly two decades, with merger and acquisition activity a constant.
They Said It ... Paul N. Jaenichen, U.S. Maritime Administrator
"Billions of dollars are being invested to meet the demands of oil production, and nearly 30 large, self-propelled, oceangoing Jones Act-eligible tankers and containerships are under construction or are on-order at U.S. Shipyards. Although times are good, throughout history, shipbuilding has followed a very cyclical pattern. Right now we are experiencing a big upswing in smaller vessels, offshore supply vessels, and large commercial ships.
Cotton, Cox, Harris Receive '14 AOTOS Awards
The United Seamen's Service (USS) 2014 Admiral of the Ocean Sea Awards (AOTOS) were presented to Stephen Cotton, General Secretary of the International Transport Workers' Federation (ITF); Joseph J. Cox, President/CEO, Chamber of Shipping of America; and Frederick J. Harris, President of General Dynamics NASSCO and Bath Iron Works, an American shipbuilder. The maritime industry's most prestigious awards…
Boskalis Takes a Stake in Fugro
European stocks inched higher on Monday as acquisition hopes fuelled gains for oil services firms after Dutch group Boskalis took a stake in Fugro. Fugro jumped…
As Oil Prices Drop, Rigs Go Off-Line
Transocean Ltd, the owner of the world's largest offshore drilling fleet, said it was likely to retire additional rigs as the company continued to face pressure due to slowdown in an oversupplied rig market. The drilling contractor's shares rose as much as 3 percent in early trading after the company reported better-than-expected quarterly results on Monday. The recent slide in oil prices has weighed on demand for offshore services as oil and gas producers cut costs.
LR 's Sadler Wins Maritime Fellowship Award
Richard Sadler, CEO of Lloyd’s Register Group Ltd (LR), was honored with the Maritime Fellowship Award at the Maritime Foundation’s Maritime Media Awards. The Maritime Foundation is a charity promoting Britain’s interests across the entire maritime sector. Its purpose is to inform and raise public and parliamentary awareness of the importance of Britain’s maritime industries, commerce and defense through education…
WHOI: Fukushima Radioactivity Detected Off West Coast
Monitoring efforts along the Pacific Coast of the U.S. and Canada have detected the presence of small amounts of radioactivity from the 2011 Fukushima Dai-ichi Nuclear…
Damen Delivers Tug for Scrabster Harbor
Scrabster Harbor Trust (UK) has taken delivery of a new harbor tug / workboat, a Damen Stan Tug 1606. The vessel, named Highlanders, will replace itscurrent workboat which was built in 1976. The new tug will undertake pilotage, towing, general harbour and maintenance duties. Scrabster Harbour in northern Scotland is attracting much larger vessels and cargoes in need of larger tugs for their assistance.
