Libya Exports Three Oil Tankers from Western Mellitah Port
Oil and condensate has been exported at least three times from the Libyan port of Mellitah since the start of this month, according to industry sources and ship-tracking data…
Ocean Installer Awarded Statoil North Sea Work
Ocean Installer has been awarded North Sea umbilical installation and riser replacement contracts from Statoil, the company announced yesterday. The Norwegian subsea contractor signed amendments with Statoil for umbilical marine installation at the North Sea's Visund field and for riser replacement at the Troll B field. The work will be executed under the SLMP Marine Installation Contract. Ocean Installer will utilize the large construction support vessel (CSV)…
Russian Oligarch Responds to UK in North Sea Deal Row
Russian billionaire Mikhail Fridman's LetterOne fund said on Wednesday it had provided Britain's energy ministry with a detailed response as part of its attempt…
Total Puts Prime North Sea Field on the Block
French oil major Total is selling its stake in the North Sea Laggan-Tormore oil and gas field as it seeks to shed assets after a steep fall in the oil price, banking sources said.
Norchem Buys Odfjell SE B-shares
Norchem AS in Denmark, in which Laurence Odfjell, Chairman of the Board in Odfjell SE, has a controlling interest, has today acquired 1,121,287 Odfjell B-shares in Odfjell at NOK 18.85 per share, the company reported. Following this transaction, Norchem AS owns 25,966,492 A-shares and 3,536,381 B-shares in Odfjell SE, equivalent to 34% of the total outstanding stock of Odfjell SE.
LOC Relocates Florida Office
Global marine engineering consultant company London Offshore Group Ltd (LOC) opened an office in Houston in 1985, signaling the start of 30 years of involvement in U.S.
Ferguson Group Expands Malaysian Operations
The Ferguson Group Singapore, global provider of offshore DNV 2.7-1/EN12079 containers, tanks, baskets, reefers, workspace modules and accommodation solutions, is investing further in its Southeast Asia fleet. Headquartered in Loyang Offshore Supply Base, Ferguson Group Singapore continues its expansion in the region, with an increase in its Malaysian based fleet. The Malaysian fleet is based in two yards, Labuan Supply Base (ASB) and West Malaysia’s Kemaman Supply Base (KSB).
Baltic Index Retreats with Falling Capesize Demand
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, slipped on Wednesday. The index, which factors in the average daily earnings of capesize…
Thordon Bearings COMPAC System for Britannia
P&O Cruise’s new flagship Britannia was officially christened by the Queen yesterday at a naming ceremony in Southampton, U.K. The 3,647 passenger vessel, the largest cruise ship built by Fincantieri’s Monfalcone shipyard for the British market, features a bevy of environmentally-friendly solutions, including Thordon Bearings’ COMPAC system to safeguard the marine environment against operational oil spills.
Port of San Diego Generates $7.6b Regional Impact
The Port of San Diego plays a critical role in San Diego County's economic rebound by pumping more than $7.6 billion a year into the region from employment, sales and purchases of goods and services, according to a recent report. "The data confirms the Port of San Diego is a powerful regional economic engine with substantial benefits reaching far and wide," said Board of Port Commissioners Chairman Dan Malcolm. The report is based on 2013 data, the most recent year for which data is available.
Senesco Invests in New Welding System
Senesco Marine Shipyard on the U.S. northeast coast has invested in a more productive and efficient welding system, concluding a deal with Pemamek to deliver a PEMA Welding Portal for the welding of double bottoms and subassemblies. Senesco Marine, a Reinauer Transportation Company, is a shipyard for new construction and vessel repair in the Northeast, consisting of 26 acres of Narragansett Bay waterfront property.
Georgia Ports Enhance Breakbulk Cargo Handling
The Georgia Ports Authority (GPA) has instituted a new tracking system to process breakbulk cargo more quickly, and provide real-time freight tracking for GPA and its customers. "The new system means faster service and better communication with our breakbulk customers," said GPA Executive Director Curtis Foltz. The General Cargo System software shows cargo headed to the Port of Savannah and its current stage in transit.
BMT Group Finalizes Purchase of NavCon
Maritime design, engineering and risk management consultancy BMT Group Ltd. has agreed to purchase Navegação e Controle Indústria e Comércio Ltda (NavCon), a Brazilian…
ABS Holds Meeting to Improve Offshore Equipment Safety
ABS recently convened the inaugural meeting of the ABS Offshore Equipment Advisory Committee, bring together a group of technical advisors on March 4, 2015, at the…
New Hybrid Tug Joins Multraship Fleet
Dutch towage and salvage specialist Multraship has welcomed into its fleet Multratug 28, an energy efficient hybrid Damen ASD 2810-type tug with FiFi 1 firefighting capabilities. Damen’s ASD 2810 Hybrid is a new design, and this is the second of its class to be built. Featuring diesel-direct, diesel-electric and battery-powered propulsion systems, this hybrid configuration will enable Multraship to lower fuel costs by up to 30 percent and emissions by up to 60 percent, the company said.
Bureau Veritas Upgrades RAM Software
In an effort to help offshore operators and contractors to get more out of their assets and develop projects more cost-effectively, classification society Bureau Veritas said it has supercharged its reliability, availability and maintenance (RAM) software suite Optimise. Matthieu de Tugny, Senior Vice-President and head of offshore, Bureau Veritas, said, “Low and falling energy prices focus attention onto the reliability…
ISS Marks 100,000th Hub Appointment
Inchcape Shipping Services (ISS) has marked a milestone with its 100,000th hub appointment for Maersk Tankers. For the past week, ISS staff across the company’s global network have been actively following vessel activities to see which tanker would take the golden ticket. Three vessels appeared to be front runners, with ISS handling the Nordic Ruth, as she transited the Bosporus in Turkey; managing a husbandry call for the Maersk Princess at OPL in Singapore…
Mexican Fishing Crew Caught Poaching in US Waters
U.S. Coast Guard interdicted Mexican fishing crew poaching red snapper in U.S. The U.S. Coast Guard informs it has interdicted a Mexican fishing crew in the waters…
Global Ship Lease Takes New Containership
Global Ship Lease, Inc. (NYSE:GSL) took delivery of a 2004-built, 8,063 TEU containership, the OOCL Qingdao. Upon delivery, the vessel commenced a timecharter back…
Offshore Oil: Mammoet Installs Platform for Shell
Mammoet installed the Malampaya Phase 3 Depletion Compression Platform in the West Philippine Sea for Shell Philippines Exploration b.v. The Malampaya Depletion Compression Platform (DCP) is a new type of ‘self-installing platform;’ the platform floats into place over its end-location after which the legs are lowered onto the prepared seabed. It uses a pre-installed jacking system to enable the 80m legs to be jacked down and lift the platform from the water to its final position.
