Seaway 7 Charters Maersk Connector Cable Layer
Danish offshore vessel operator Maersk Supply Service has secured a one-year contract for its Maersk Connector cable laying vessel with Seaway 7, a renewables branch…
Seadrill Closer to Chapter 11 Emergence as Court Nod Granted
Offshore drilling company Seadrill has moved a step closer to reaching bankruptcy emergence after the United States Bankruptcy Court for the Southern District of Texas approved the disclosure statement for the company's proposed plan of reorganization.Seadrill said Friday that the court had authorized the company to distribute the disclosure statement and solicit votes from all lenders on the Plan.
Coast Guard Probing 350 Reports of Oil Spills in Wake of Hurricane Ida
The U.S. Coast Guard on Monday said it was probing nearly 350 reports of oil spills in and along the U.S. Gulf Coast in the wake of Hurricane Ida.Hurricane Ida's 150 mile per hour (240 kph) winds wreaked havoc on offshore oil production platforms and onshore oil and gas processing plants. About 88% of the region's offshore oil production remains shut and more than 100 platforms unoccupied after the storm made landfall Aug.
Wärtsilä's Cargo Handling System for Fratelli Cosulich's LNG Bunkering Vessel
Finland-based marine equipment maker Wärtsilä will deliver a complete cargo handling system for a new LNG bunkering vessel being built in China for Italy's Fratelli Cosulich.The Wärtsilä system selected for this 8,200 cbm capacity bunkering vessel, under construction to at the Nantong CIMC Sinopacific Offshore and Engineering shipyard in China, includes a complete engineering, design and equipment supply package for the cargo handling system…
Global Offshore Lands Arcadis Ost 1 Offshore Wind Farm Gig
Global Offshore, part of Global Marine Group, has won a contract for the installation and burial of 27 array cables at Parkwind’s Arcadis Ost 1 offshore wind farm in the German Sector of the Baltic SeaGlobal Offshore will be responsible for the project management and marine engineering; cable protection systems supply and installation, pre and post lay surveys, cable loading and laying, cable burial…
Coast Guard: No Active Discharge Near Reported Oil Spill Sites in Gulf of Mexico
Following reports of oil spills found along the Southeast Louisiana coast in the aftermath of Hurricane Ida, the U.S. Coast Guard said Monday it had conducted overflights Sunday that focused on two locations previously identified for further investigation."Members of the National Strike Force aboard a Coast Guard HC-144 flew over Bay Marchand, south of Port Fourchon, Louisiana, and the Enterprise Offshore Drilling rig in the Gulf of Mexico…
BP Delivers Carbon Offset LNG Cargo to CPC in Taiwan
Oil major BP said Monday that its BP Singapore branch had delivered its ‎first carbon offset liquefied natural gas (LNG) cargo to CPC Corporation, Taiwan ‎‎(“CPC”), to the Yung An terminal in Taiwan in September 2021. The LNG was sourced ‎from BP’s LNG portfolio.‎"This is BP’s first delivery of carbon offset LNG in the Asia-Pacific region, following its ‎first delivery globally to Sempra LNG at the Energia Costa Azul terminal in Mexico in ‎July 2021.
DOF Subsea Sells Skandi Neptune Vessel
Norwegian offshore vessel owner DOF Subsea has sold its 2001-built construction support vessel Skandi Neptune.According to DOF Subsea, the vessel has been sold to…
Hyundai Heavy Industries Raises $935M. Eyes New Tech Investments
South Korean shipbuilder Hyundai Heavy Industries has raised $935 million after pricing its IPO at the top of its indicative range, with much of the proceeds set to fund investments in new technology.It offered 18 million new shares or 20% of shares outstanding in a range of 52,000-60,000 won per share.It is expected to list on the KOSPI on Sept. 16.Hyundai Heavy plans to use about 760 billion won ($660 million) of the proceeds to invest in future technologies…
Shipping Industry Proposes Levy to Accelerate Zero Carbon Future
Leading shipping associations have proposed creating a global levy on carbon emissions from ships to help speed up the industry's efforts to go greener.With about 90% of world trade transported by sea, global shipping accounts for nearly 3% of the world's CO2 emissions and the sector is under growing pressure to get cleaner.For the first time, the International Chamber of Shipping (ICS) and Intercargo jointly proposed a levy based on mandatory contributions by ships trading globally…
U.S. Offshore Oil Output Still Mostly Down a Week after Hurricane Ida
Damage to oil production facilities in the U.S. Gulf of Mexico kept output largely halted on Sunday, a week after Hurricane Ida made landfall, according to offshore regulator the Bureau of Safety and Environmental Enforcement (BSEE).Energy companies have been coping with damaged platforms and onshore power outages and logistical issues, slowing efforts to restart production. Some 88% of crude oil output…
