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Versatility is the Key for ASV Pioneer
The Ferguson Group, a provider of offshore containers, baskets, tanks, offshore accommodation and workspaces, launched the fully classed ABS +A1 barge ASV Pioneer in 2011. The group said ASV Pioneer is able to meet the needs of offshore oil, gas and renewables, with the challenges of remote locations and salvage operations. Since its inception, the ASV Pioneer has worked in the North Sea and Mediterranean…
Getting Offshore Fast: New Helicopter Market Forecast
Douglas-Westwood (DW) forecasts $24 billion in expenditure on offshore helicopter services between 2014 and 2018, a 57% increase in comparison to the preceding five-year period.
South African TNPA Names IHC Merede Built Dredger
The South African company Transnet National Ports Authority (TNPA) has named its 750m3 grab hopper dredger, Italeni, during a special ceremony hosted by the shipbuilder IHC Merwede. The ceremony was performed on June 18 by TNPA’s Supply Chain General Manager, Ncumisa Nkanunu, in the shipyard of IHC Merwede’s partner, MTG Dolphin, in Varna, Bulgaria. The contract for the design, construction and delivery of the grab hopper dredger was signed between TNPA and IHC Global Production…
GAC Offers African Oil & Gas Market Insights to Houston
The GAC Group says it is bringing its African market knowledge to US clients in and around the global energy hub of Houston, Texas, with the posting of Gerrit Laubscher…
Electronic Cartography Market worth $20 Billion by 2020
According to the report "Electronic Cartography Market by Application (Marine - Commercial and Defense, Aviation - Marine - Commercial and Defense), Components (Systems…
Nigeria Losing $35m a Day from Oil Theft - Report
Nigeria is losing an estimated $35 million a day from oil theft and needs to put a "full, final stop" to the growing black market for crude exports, according to…
Baja Ferries Hopes to Buy SNCM
Mexican ferry company Baja Ferries said on Tuesday it hopes to close a deal to buy troubled French ferry operator SNCM before November or December. SNCM (Societé Nationale Corse-Méditerranée), which runs routes from cities on France's Mediterranean coast to Corsica and northern Africa, has accrued losses of about 250 million euros ($340.38 million) from 2001 to 2013. In May, Baja said it was in talks with French transport firm Transdev about buying its 66 percent stake in SNCM.
USS Ross Arrives in Rota
The Arleigh Burke-class guided-missile destroyer USS Ross (DDG 71) arrived at Naval Station Rota, Spain to begin her forward deployment to the U.S. 6th Fleet area of operations, June 16. Ross, departed Norfolk, Va., June 3, and is the second of four Arleigh Burke-class guided-missile destroyers to be forward deployed to Rota, joining USS Donald Cook (DDG 75) which has been on station since February.
P&I Claims Increase for Bagged Rice Shipments
According to estimates, of the nearly 475m metric tons of rice produced globally in 2013, the largest producers were China (30% of the total) and India (22%). However…
Germany Could Stop RWE Unit Sale
Germany's Economy Ministry is investigating whether to block the sale of RWE's oil and gas unit DEA to a group of investors led by Russian tycoon Mikhail Fridman, a spokeswoman said.
Opinion: Oil Market Risks Grow as Chaos Spreads
Iran, Syria, Sudan, Libya, Nigeria and now Iraq: the crude oil market has weathered a long list of actual and threatened supply shocks with remarkable calm. According to the U.S. Energy Information Administration (EIA), unplanned disruptions have removed around 2.5 million barrels per day from the crude market since the start of 2011. But for most of that time, Brent, the international marker, has…
Pirated Tankship Found Off West Africa Coast
An oil tanker missing for a week off the coast of West Africa was attacked by pirates who stole its cargo, the company that managed the ship said on Thursday after speaking with its captain.
Defence Contracts Boost UK Military Boat Support Industry
The UK Government's Ministry of Defence (MOD) informs it has awarded millions of pounds worth of new contracts to maintain its 1,450 strong fleet of small boats.
Completion Of 2D Seismic Acquisition Programme - Somalia
Soma Oil & Gas Exploration Limited, the Somalia focused oil and gas exploration company, announced the completion of its offshore seismic acquisition programme which commenced in February 2014.
Only a Fraction of LNG Export Projects Will be Built: Shell
Only a fraction of the natural gas export projects being developed around the globe will become reality as high costs and weakening gas prices torpedo those that…
Oil Tanker Missing Off Ghana Coast Amid Report Of Piracy
A Liberia-flagged oil tanker has gone missing off the coast of Ghana and a senior port official told Reuters on Saturday the captain sent a distress call to say the vessel was attacked by pirates.
Italy Rescues More than 2,500 Migrants Since Thursday
Navy went to aid of 17 different vessels; Flow of boat migrants set to break 2011, Arab Spring record. Italy wants more EU help, UN intervention in Libya. Italy has rescued more than 2…
Libyan Coastguard Detains 114 African Migrants
Libya's coastguard detained 114 African migrants in a packed boat headed for Europe on Thursday, officials said. Some 43,000 migrants have crossed from North Africa to Italy so far this year…
Shippers Eye Trade Boost from El Nino Threat
A potential El Nino weather phenomenon, which could wreak havoc on global crops, is set to disrupt shipping patterns and raise freight costs, leaving suppliers and importers to cover their food needs from longer-haul destinations. El Nino, a warming of sea-surface temperatures in the Pacific, can trigger floods and drought in different regions, hitting production of key foods such as rice, wheat and sugar.
Seychelles Island Learns to Protect the Golden Beaches
A major exercise in implementing the national contingency plan for anti-pollution, search and rescue, and fire fighting has been held in the waters off Mahé, according…