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Kongsberg Delivers Unique Rig Training Model
Kongsberg Maritime recently delivered a new rig simulator model at Simsea, based on the Floatel Superior accommodation unit, which is currently in operation in the North Sea. Developed as a part of the Kongsberg K-Sim Offshore simulators already installed at Simsea, the new customized model will be used to train semi-submersible rig personnel in advanced operation of Dynamic Positioning (DP), position mooring system (POSMOOR), stability/ballasting and rig move/anchoring.
Brown Appointed COO at Lloyd’s Register
in Lloyd’s Register announced the appointment of Nick Brown, previously Director Business Development & Innovation, as the group’s new Marine Chief Operating Officer. Reporting to Marine Director Tom Boardley, Nick will be responsible for LR’s four global operating regions – Asia, Americas, Northern Europe and Southern Europe. David Barrow becomes Regional Marine Manager (RMM) for a new Northern Europe region while Apostolos Poulovassilis is RMM for Southern Europe, Middle East and Africa.
Repsol Makes Russia’s Largest Hydrocarbons Discovery in 2 yrs
Repsol has made two new discoveries in the Russia’s Karabashsky blocks, in the West-Siberian Ouriyinskoye field. The recoverable resources from the Gabi-1 and Gabi…
Offshore Floating Production Market Update
Currently, 320 oil/gas floating production units are now in service, on order or available for reuse on another field. FPSOs account for 65% of the existing systems, 76% of systems on order. Production semis, barges, spars and TLPs comprise the balance. Total oil/gas inventory is down two units since last month – two off-field FPSOs have been scrapped. Another 27 floating LNG processing systems are in service or on order. Liquefaction floaters account for 15%, regasification floaters 85%.
Renzi Calls EU to Take Responsibility for Boat Migrants
Italian Prime Minister Matteo Renzi said on Tuesday Europe must take responsibility for rescuing boat migrants crossing the Mediterranean Sea from Africa by making a "significant investment" in the region's border control agency, Frontex. "A Europe that tells the Calabrian fisherman that he must use a certain technique to catch tuna but then turns its back when there are dead bodies in the sea cannot call itself civilized," Renzi said in parliament.
Mideast Firm to Operate Cargo Terminal at Port Canaveral
A Middle Eastern-owned company landed its first North American port operations contract on Monday, a 35-year agreement with Port Canaveral on Florida's east coast.
5 Quay Cranes Arrive At DP WORLD’S Jebel Ali Terminal
Global marine terminal operator DP World today announced that its new Container Terminal 3 at its flagship Jebel Ali Port is making good progress with the arrival…
Angola: Tender for 12 Offshore Oil Blocks
Angolan state oil company Sonangol plans to launch a tender for licences to explore 12 new offshore oil blocks in 2015, state news agency Angop cited Oil Minister…
China to Invest in Greek Transport Infrastructure
China wants to invest in Greek airports and railways as well as the busiest port, officials said on Friday, as the country where the euro debt crisis began seeks a role as China's gateway into Europe. Chinese Premier Li Keqiang is on a three-day trip to Greece to boost economic ties between the nations, who have drawn closer since China's Cosco Paficic won a 35-year concession in 2009 to upgrade and run two cargo piers at the Piraeus port.
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…