European Oil Shipments Delayed After Cyber Attacks
Tanker and barge shipments in and out of Europe's biggest oil hub have been delayed by up to a week as four storage companies scramble to resume operations after cyber attacks, sources familiar with the matter said.Since the end of last week, storage company Oiltanking and oil trading firm Mabanaft, both owned by Germany's Marquard & Bahls, have been hit by hackers. Belgium's SEA-TANK and Dutch fuel storage firm Evos have also been affected.The companies have had to suspend some operations…
Strategic Marine Acquires New Shipyard in Singapore
Strategic Marine announced it has completed the acquisition of a significantly larger shipbuilding facility in Singapore in a move intended to boost the company's shipbuilding capacity and product range.Strategic Marine has acquired the fixed infrastructure as well as the lease of the shipyard at 5 Benoi Road and has completed the lease transfer from JTC Corporation, the lessor of the shipyard. Notable features of the facility include a 5…
DNV Awards Type Approval for 3D Printing Feedstock
Voestalpine Böhler Welding Germany GmbH has become the first manufacturer worldwide to be awarded a Type Approval certificate from classification society DNV, for their solid wire 3Dprint AM 70/I1 feedstock. The Type Approval has been awarded based on DNV’s new class programme, DNV-CP-291 “Additive Manufacturing Feedstock”.The Type Approval certificate was presented to voestalpine Böhler Welding Germany GmbH during the DVS Congress held in Essen…
Prelude FLNG to Stay Shut in 1Q 2022
Oil major Shell expects its Prelude FLNG unit in Australia, the world's largest unit of the type, will remain shut for most of the first quarter of 2022.The world's largest FLNG facility had in January 2021 resumed LNG cargo shipments, almost one year after a shutdown caused by an electrical trip, only to be shut down again in December 2021 after a sudden loss of power, and subsequent failed attempts to re-establish reliable power aboard.At a Q&A Thursday…
Oil Hits Seven-year High
Oil prices surged to seven-year highs on Friday, extending their rally into a seventh week on ongoing worries about supply disruptions fueled by frigid U.S. weather and ongoing political turmoil among major world producers.Brent crude rose $2.16, or 2.4%, to settle at $93.27 a barrel having earlier touched its highest since October 2014 at $93.70.U.S. West Texas Intermediate crude ended $2.04, or 2.3%…
Maersk's 400-meter Container Ship Set Free After Running Aground in Germany
Tug boats have towed free one of the world's biggest container ships, the Mumbai Maersk, which had run aground off the German island of Wangerooge in the North Sea…
NOV's GustoMSC to Design and Equip Eneti's Second WTIV
NOV's GustoMSC subsidiary has secured a contract for the equipment and design of a GustoMSC NG-16000X wind turbine installation jack-up vessel for Eneti.Eneti is a new offshore wind player born out of a pivot into offshore renewables by what used to be a bulk carrier specialist Scorpio Bulkers.Eneti ordered its first WTIV in May 2021, and the second in December 2021. Both vessels will be built by South…
DOF Subsea Bags Three-year MPSV Charter with Exxon in Australia
ExxonMobil has awarded a long-term contract to offshore vessel owner DOF Subsea for the provisions of multi-purpose supply vessel services in Australia.The contract is for three years firm plus two one-year extension options. Under the contract, DOF will provide an MPSV to Esso Australia, an Australian Subsidiary of ExxonMobil."Preparatory support services associated with the contract are underway with the delivery of the vessel to follow later in 2022," DOF said.Mons S.
Rystad on Nigerian FPSO Explosion: 'No Impact on Oil Price. Environmental Implications Still Hard to Quantify'
The Trinity Spirit FPSO, operated by Nigeria's SEPCOL, exploded Wednesday and started burning, and, according to videos shared on social media, sinking. However, according to Rystad Energy, the incident is not expected to have an impact on Nigerian production as the unit was not producing at the time of the explosion. Environmental implications, however, are yet to be quantified.According to a Reuters report on Wednesday…
Has Captain Cook’s Ship Endeavour Been Found?
The Australian National Maritime Museum has announced a shipwreck found in Newport Harbor, off Rhode Island in the United States, has been confirmed as Captain Cook’s ship, HMB Endeavour.There have been very similar announcements made over the years but have they finally made a definitive case?By making its announcement, the Australian National Maritime Museum seems to have decided so, and there does seem to have been significant recent progress…
ESAB Launches Robust Feed AVS Voltage-sensing Wire Feeder
ESAB Welding & Cutting Products has launched the Robust Feed AVS voltage-sensing feeder, which eliminates the need for a power supply/control cable between the power source and the feeder. The design simplifies cable management in portable applications, eliminating a cable that could potentially get damaged. Voltage-sensing feeder technology also enables the feeder to work with either constant current…
Verberght Named Managing Director of Carboline Europe
St. Louis-based coatings manufacturer Carboline announced Anthony Verberght will join the company as managing director of Carboline Europe, effective February 28.Verberght will be responsible for overseeing Europe's strategy development, growth and profitability in conjunction with the Carboline executive team. He will also drive the implementation of the European portion of the company’s global expansion project designed to increase Carboline’s European business.
Trimaran Aims to Break Westabout Around-the-world Sailing Record
Two award-winning skippers are attempting to circumnavigate the globe westabout against the prevailing winds and currents in 122 days to break the current world record.The Use It Again! duo, Romain Pilliard and Alex Pella, commenced their voyage from Lorient, France on January 4, setting sail aboard an 18-year-old refurbished trimaran, in an attempt to help promote and develop the circular economy.
ABB Expects Supply Bottlenecks to Ease in 2022
ABB expects supply chain bottlenecks to ease during 2022, the Swiss engineering group said on Thursday, after shortages of semiconductors hurt its ability to deliver increasing orders during the fourth quarter.The maker of fast chargers for electric vehicles and industrial drives for factories reported a 21% jump in orders as demand surged from machine builders, food manufacturers and general industry.But…
FPSO Explodes Offshore Nigeria
An oil production and storage vessel exploded off the coast of Nigeria early on Wednesday with 10 crew members on board though it was not yet clear if there were any casualties or how much crude might have spilled into the sea.Nigeria's Shebah Exploration & Production Company Ltd (SEPCOL) said on Thursday that flames had engulfed the Trinity Spirit floating production, storage, and offloading (FPSO)…
Historic Dutch Bridge to Make Way for Superyacht Reportedly Built for Jeff Bezos
The city of Rotterdam has agreed to remove a section of historic bridge in the Netherlands to make way for a superyacht, reportedly built for Amazon.com founder Jeff Bezos.A spokesperson for the city of Rotterdam said the mid-section of the century-old "Koningshavenbrug," know by locals as "De Hef", will be removed this summer to make way for a yacht with 40-metre (131-ft) masts, but declined to comment…
O&G Saturation Divers Complete Cross-Atlantic Row
A group of four saturation divers from the U.K. recently rowed across the Atlantic Ocean to tackle a challenge of lifetime while raising money for a local cancer charity.Chris Ayres, Lewis Locke, James Piper and Andy Taw—all employed by Helix Energy Solutions Group as deep sea saturation divers—took part in ‘The 2021 Talisker Whisky Atlantic Challenge’, which saw the four men row 3,000 miles from La Gomera, the Canary Islands, to Antigua in The Caribbean to raise money for Wessex Cancer Trust.
Dry Bulk: Rates Across Vessel Segments Rise
The Baltic Exchange's dry bulk sea freight index rose on Thursday, buoyed by an uptick in rates across vessel segments.The overall index, which factors in rates for capesize, panamax and supramax vessels, rose 6 points, or 0.4%, to 1,425.The capesize index gained 11 points, or 0.9%, to 1,291.Average daily earnings for capesizes, which transport 150,000-tonne cargoes such as iron ore and coal, rose by $94 to $10…
Freight Rates from North Europe to US East Coast Increase Three-fold
Spread between short- and long-term container shipping freight rates from North Europe to U.S. East Coast narrow with both increasing around three-fold.Rates from North Europe to the U.S. East Coast have increased dramatically over the past year, similar to any other main trade lane. With disruptions hitting container shipping globally, the non-major trade lanes have also experienced reverse cascading - ships heading back to main trades…
Solstad Offshore Offloads Anchor Handling Trio, Nabs UK Work for PSV Duo
Offshore vessel owner Solstad Offshore said Thursday it had sold three anchor handling vessels to undisclosed buyers, and also secured work for two platform supply vessels in the UK North Sea.Haugesund, Norway-based company said Thursday it had sold the Nor Captain - owned by its subsidiary Solstad Offshore Singapore - and Far Sword and Far Stream, owned by its subsidiary Farstad Supply."Delivery of the vessels to the new owner took place today, February 3rd, 2022.
