SBM Offshore Hit By Slowing Industry Spending
SBM Offshore the world's top oil production ship leaser, said on Wednesday a fall in orders hit its third-quarter revenue as clients trimmed spending amid ongoing low oil prices. The Amsterdam-based company, which generates roughly 60 percent of its business in Brazil, is negotiating a settlement with authorities there over alleged payments to state officials to win contracts with Pertobras, Brazil's state-run oil company.
Peru to Cut O&G Royalties to Counter Price Slump
Peru is reducing royalties on oil and gas production to about 5 percent on average from the current 20 percent in order to encourage exploration amid slumping prices, the government said Wednesday.
New Drydock for FMT Shipyard and Repair
Gulf Island Marine Fabricators has recently delivered a new drydock named the J.B. Barthelemy to FMT Shipyard and Repair. The new drydock, which is 180 feet long and 73 feet wide with 63-foot clearance between the wingwalls, seven-foot deep pontoon with 18-foot high wing walls, has a 2,400-short-ton capacity and will be located at FMT Shipyard and Repair yard on the Harvey Canal. The drydock has a 225 kilowatt genset provided by Kennedy Engine…
Video: Dredgers at Work in Latin America
A major port in Latin America is in the midst of an expansion project to increase its container handling capacity and accommodate Post-Panamax vessels. Commissioned for this project are two Ellicott cutter suction dredges, which are both currently at work deepening the berthing area for the new terminal. The first Ellicott dredge, a Series 370 with a 300 x 250 mm pump and 328 kW of total installed power, has been working at this port for over six months.
‘Simulation and Training without Boundaries’
More than 200 experts from all around the world are expected to attend the global Simulation User Conference (SimUC 2016) “Simulation and Training without boundaries”, which will be hosted by Transas in Singapore on January 28, 2016. Transas SimUC is an international event that gathers Transas simulators users and Transas partners to exchange experience and ideas about maritime simulation and training.
Baltic Sea Pipeline Gas Flow Cut Due to Munitions Discovery
Nord Stream consortium, lead by Russian energy giant Gazprom, said on Wednesday it has stopped gas shipments via the Baltic Sea through one of its two lines as Swedish…
MTG Highlights Dredging Solutions at Europort
MTG, a Spanish company specializing in the design and production of wear parts for earthmoving machinery, has introduced its latest solutions for the dredging market at the Europort exhibition in Rotterdam. According to MTG, its main innovation is DMet, a hammerless system that aims to improve productivity and increase protection of cutter and hopper dredgers, even in demanding applications such as hard rock.
Nautisk Bolsters Management Team in Asia
Global chart distributor Nautisk said it is strengthening its presence across one of its core global locations with the appointment of two new managers in Asia. Alan Leung will take up the role of Regional Sales Manager in Hong Kong to help with Nautisk’s business expansion in the region, with particular focus on Hong Kong, the company said. Over the next 12-18 months, Leung will be tasked with growing Nautisk’s business in Asia and driving sales activities…
Next Generation of RAmparts Tugs for SAAM
Chilean maritime services and logistics company SAAM S.A. has signed a contract with naval architecture firm Robert Allan Ltd. for a new generation of RAmparts 2400-W Class tugs. The first two boats for SAAM’s Peruvian affiliate TRAMARSA, named Chincha and Tupac, are now under construction at Wuxi Shipyard in China with others soon to follow. The RAmparts 2400-W Class tugboat is a twin Z-drive, diesel-powered tug, designed for ship-assist and terminal support operations.
Optimarin Racing toward USCG Approval
Ballast water treatment (BWT) specialist Optimarin said it has become the first UV system supplier to meet USCG marine water requirements, positioning the Norwegian company for full USCG approval in 2016. In a series of land-based tests, both the standard MPN (regrowth) method and the more exacting FDA/CMFDA, or ‘instant kill’, benchmark were successfully assessed, the company said. Optimarin’s system…
Bestobell Secures High Pressure Valve Orders
Bestobell Marine has secured two orders to supply its new range of high pressure globe and check valves to be used in high pressure fuel gas systems on board ships. The valves will be used within the pump and vapouriser skids for six LNG carriers that are being built at DSME shipyard and also for two LNG carriers being built at SHI (Samsung Heavy Industries), both in South Korea and due to be fitted with the MAN ME-GI engine.
Two Fast Supply Vessels Launched in Brazil
Two new UT4000 Monohull Fast Supply Vessels designed by Incat Crowther and built by ETP Engenharia Ltda have been launched. The new vessels, Baru Providencia and Baru Antares, are the third and fourth in a 12 vessel series, following on from Baru Gorgona and Baru Macura. According to Incat Crowther, the vessel designs have been optimized to comply with the UT4000 Fast Supply Vessel specification. Ships fuel is in excess of 40,000 liters, with a cargo fuel load of 90,000 liters.
FarSounder 3D Sonar for NACOS Platinum
FarSounder, a developer of 3D forward looking sonar systems for navigation and obstacle avoidance, announced it has entered an integration partnership with Wärtsilä SAM Electronics. The partnership will see 3D sonar data from FarSounder’s navigation systems visualized and controlled directly from all NACOS MULTIPILOT workstations. The unique forward-looking capabilities of FarSounder's navigation products add a new dimension of situational awareness to the NACOS Platinum Series.
Engine Overhaul Aboard North Sea FPSO
Bluewater-owned offshore floating production, storage and offloading (FPSO) vessel Haewene Brim has undergone an engine overhaul at the hands of a team of diesel power specialist Royston Limited. The 252m, 103,000dwt FPSO, powered by main generating sets consisting of four 5.2MW Wartsila W46 medium speed diesel engines, has operated in the Pierce Field in the UK sector of the North Sea since 1999 on behalf of Shell UK Exploration and Production…
Investment in Vard Tulcea SA
The Board of Directors of Vard Holdings Limited would like to announce that the Company has invested a total of NOK 0.027 million in its indirectly held subsidiary…
Middle East's Ageing Structures a Challenge - DNV GL
Collaboration is Key to tackling Middle East's ageing structures challenge say DNV GL. The Middle East faces a substantial challenge to ensure hundreds of ageing…
Fincantieri, Finmeccanica in Part Renewal of Italian Navy fleet
As part of the renewal of the fleet of the Navy, The first tranche has been launched in recent months, OCCAR (Organisation de Cooperation Conjointe sur l'Armement…
Waldner Appointed LR's Group CFO
Global engineering, technical and business services organisation, Lloyd’s Register (LR), has announced the appointment of Mary Waldner as Group CFO. Mary is currently…
Fincantieri Bags Viking Order
Viking Ocean Cruises and Fincantieri have signed an agreement for the construction of two additional cruise ships. The new units, like the four sister ships which the ship owner has already ordered…
Vessel Backlog at Panama Canal
The Panama Canal continues to experience high vessel backlog. * INCREASED ARRIVAL OF LARGE AND DEEP DRAFT VESSELS: These larger vessels and those with deeper drafts…
