Teekay Offshore CFO Wong to Step Down
Teekay Offshore Partners L.P. announced today that David Wong will step down from his position as Chief Financial Officer of Teekay Offshore Group Ltd. to commence…
Rhode Island Backs Electric Boat Expansion
The state of Rhode Island announced it will provide $20 million in incentives to General Dynamics Electric Boat to help the submarine builder expand its facilities.The infrastructure investment announced today by Rhode Island Governor Gina M. Raimondo will allow Electric Boat to accelerate the hiring of 1,300 new employees over the next decade as the builder is slated to produce 29 Virginia Class Submarines and 12 Columbia Class submarines for the U.S.
Coast Guard Vessel Capsizes in Mobile Bay
The U.S. Coast Guard said one of its vessels has capsized in Mobile Bay near Gaillard Island, Ala., Thursday. All four crew members aboard at the time of the incident…
Finnlines Orders Three Ro-ro Vessels
Finnlines, part of the Grimaldi Group, signed a 200 million euro ($240 million) order for three new ro-ro vessels to be delivered from China’s Jinling Shipyard from 2020-2021.The 17,400 DWT vessels will be 238 meters long and have a cargo capacity of 5,800 lane meters plus 5,600m2 of car decks and a capacity of about 300 TEU on the weather deck. The ships are designed to carry all types of ro-ro cargoes…
Weak Currency, Global Trade Jitters Bolster Brazil Soy Exports
Brazil's soybean exports hit record volumes last month, grain exporter association Anec said on Thursday, citing a weak domestic currency and trade tensions between the United States and China for bolstering business for local farmers.Brazil's April soybean exports reached 11.63 million tonnes, about 1 million tonnes more than the same month last year, Anec said in a report."Evidently, with the strength of the dollar…
Kenyan Fishermen Win Millions for Loss of Rights to New Port
Activists hailed a Kenyan court for ordering that almost 5,000 fishermen at a 14th century World Heritage Site receive millions in compensation for the loss of traditional fishing rights due to the construction of a major port.The fishermen in Lamu, the oldest Swahili settlement in East Africa, won 1.76 billion shillings ($18 million) in compensation this week from a court in the nearby town of Malindi…
New Consortium for Offshore Decommissioning
A new global oil and gas decommissioning consortium launched today sets out to bring a collaborative supply chain approach, offering an end-to-end solution to reduce the decommissioning burden, risk and cost for operators.The consortium, which includes Lloyd’s Register (LR), WorleyParsons and Ardent, brings together 350 years of collective experience to reduce the interfaces, costs and risks of decommissioning…
New Admiral to Lead Coast Guard 14th District
The Coast Guard 14th District held a change of command ceremony bidding farewell to Rear Adm. Vincent B. Atkins and welcoming Rear Adm. Brian K. Penoyer, at Coast Guard Base Honolulu, Wednesday.Vice Adm. Fred M. Midgette, commander, Coast Guard Pacific Area presided over the ceremony.Penoyer has served as Atkins’ chief of staff since 2016, advising the district commander on all Coast Guard missions conducted in the central and south Pacific.
RIMS Teams Up to Offer Full Drone Package Services
RIMS have joined forces with Dutch Drone Company (DDC) to create a new partnership which will allow RIMS to offer the market an enhanced package of drone services for both indoor and outdoor drone flights in the Netherlands.The use of drones for inspections enables remote live on-screen object inspection, which can result in the elimination of the use of costly and risky access equipment such as scaffolding and cherry pickers…
US Navy-owned Research Vessel Back in Action
Research vessel (R/V) Thomas G. Thompson (AGOR-23) has gained a new lease on life following a recently completed 18-month upgrade to improve operating systems, bolster its research capabilities and extend its working life for the U.S. Navy and scientific organizations.The Navy-owned vessel has been operated and maintained University of Washington since 1991, under a charter lease agreement with the…
Ethiopia Will Take a Stake of Port Sudan
Ethiopia and Sudan have agreed on a deal that will allow the Horn of Africa nation to take a stake of Port Sudan, Ethiopia's Foreign Ministry said on Thursday.The deal was reached on Thursday in Khartoum in a meeting between Ethiopia's Prime Minister Abiy Ahmed and Sudanese President Omar Hassan al-Bashir."The leaders of both countries agreed to develop Port Sudan together," said Meles Alem, spokesman of Ethiopia's Foreign Ministry.
Mobilizing the Offshore Organization for Johan Sverdrup Field
The mobilization of up to 2,400 women and men who will work to hook-up, finalize and eventually start-up the Johan Sverdrup field in the North Sea.Later today approximately 150 people – plus crew from the flotel-operator ProSafe – will sail away onboard the floating accommodation vessel "Safe Zephyrus" from Mekjarvik outside Stavanger with the North Sea as their destination.When the flotel arrives at the Johan Sverdrup field this weekend…
Tug Delivery Kicks Off Major Project in Russia
With the loading of eight custom-made Damen tugs, German heavy lift company Combi Lift reached a milestone in the Gazprom Amur Gas Processing Plant Project in Russia. This officially marks the transition period between the project’s planning and implementation stages.Combi Lift, contracted by the Linde Group as the exclusive logistics partner for oversized and heavy cargo, chose to cooperate with SAL Heavy Lift in this project.
Shearwater GeoServices Wins Contracts in West Africa
GC Rieber Shipping ASA's 50% owned geoservices company Shearwater GeoServices has been awarded a contract to acquire 3D seismic for Genel Energy in the Sidi Moussa license offshore Morocco.
In US Gulf, Robots, Drones Take on Dangerous Offshore Oil Work
At BP's massive Thunder Horse oil platform in the U.S. Gulf of Mexico, a dog-sized robot called Maggie uses magnetic tracks to creep along pipes connecting the giant oil facility to the sea floor. Before MaggHD, dubbed "Maggie" by BP, the dangerous inspection job was reserved for highly paid specialist technicians who did their jobs while rappelling along the platform. The energy industry has turned…
Nippon Foundation Chairman Sasakawa Delivers 'First Pitch'
The Japan Ship Machinery and Equipment Association (JSMEA) and Maritime Reporter & Engineering News hosted a reception on Tuesday, May 1, 2018 at Minute Maid Park in Houston in conjunction with the Offshore Technology Conference. More than 200 guests from around the world enjoyed hospitality at the ballpark in downtown Houston, and a highlight of the evening was Nippon Foundation Chairman YĹŤhei Sasakawa delivering the first pitch of the game with a perfect strike down the middle of home plate.
Course Change for China-bound U.S. Sorghum Bulker
A vessel carrying 58,503 tonnes of sorghum from the United States switched its destination from China to South Korea early on Thursday, according to Thomson Reuters Eikon ship tracking data.
Baltic Index Gains on Firmer Capesize, Supramax Rates
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Thursday as rates for capesize and supramax vessels strengthened.
India's First FSRU Based LNG Terminal Launched
H-Energy Gateway, the energy venture of Hiranandani Group, launched India’s first Floating Storage Regasification Unit (FSRU) based LNG terminal at JSW Jaigarh Port in Ratnagiri District, Maharashtra.
Kirby Acquires Targa's Inland Tank Barge Fleet
Kirby Corporation has announced the signing of an agreement to acquire Targa Resources Corp’s inland marine tank barge business for approximately $69.3 million in cash.