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Australian Navy Seizes $268mln in Heroin
An Australian warship patrolling the Indian Ocean has seized more than a tonne of heroin worth A$289 million ($268 million) from a dhow in Kenyan waters, Australia's Defense Department said on Friday.
IMB: Piracy Falls to Lowest Level since 2007
The International Chamber of Commerce’s International Maritime Bureau (IMB) has revealed that piracy on the world’s seas is at its lowest first-quarter level since 2007, but warns that the threat is still present. The latest IMB Piracy Report, published today, shows 49 piracy incidents in the first quarter of 2014 – the lowest first quarter figure since 2007, when 41 incidents were recorded. In the first three months…
Marine Diesel Purification Breakthrough by SurePure
Liquid photopurification specialist company SurePure Inc. apprises of a breakthrough in the microbiological purification of contaminated marine diesel fuel, using…
Global Shipping Exposed to Cyber Threats
The next hacker playground: the open seas - and the oil tankers and container vessels that ship 90 percent of the goods moved around the planet. In this internet age, as more devices are hooked up online, so they become more vulnerable to attack. As industries like maritime and energy connect ships, containers and rigs to computer networks, they expose weaknesses that hackers can exploit. Hackers recently shut down a floating oil rig by tilting it…
Offshore Oil & Gas: Brazil’s Northern Frontier
In an effort to spread out oil and gas production to other parts of the country and increase overall oil production, Brazil has finally intensified hydrocarbon exploration…
USS Taylor to Enter Black Sea
The U.S. Navy reported that the Oliver Hazard Perry-class frigate USS Taylor (FFG 50), homeported in Mayport, Fla., will enter the Black Sea April 22 to promote peace and stability in the region. The U.S. Navy routinely operates ships in the Black Sea consistent with the Montreux Convention and International Law. Taylor's mission is to reassure NATO allies of the U.S. Navy's commitment to strengthen and improve interoperability while working toward mutual goals in the region.
IHC Merwede Secures TSHD Order from TNPA
IHC Merwede has been awarded the contract for the design, construction and delivery of a 5,500m3 trailing suction hopper dredger (TSHD) to Transnet National Ports Authority (TNPA) in South Africa. The company was selected after a successful submission into an open tender process for what will be the largest dredging vessel of its kind operating in the country. The new TSHD will join TNPA’s existing fleet of IHC Merwede-built vessels…
Saipem: A Fleet Grows in Brazil
As some pre-salt plays begin production, a wide range of subsea infrastructure is being built, with O&G transportation pipeline grids being one of the vital downstream systems.
Risk-Taking Container Terminal Operator Spotlighted
International Container Terminal Services Inc. (ICTSI) is considered one of the biggest risk takers amongst global container terminal operators. Drewry Maritime…
Noble Energy Announces Increased Quarterly Dividend
Noble Energy, Inc. announced that its Board of Directors has approved a quarterly cash dividend of 18 cents per common share, which represents an increase of nearly 29 percent from the prior 14 cents per common share quarterly dividend. The dividend is payable on May 19, 2014, to the shareholders of record at the close of business on May 5, 2014. Charles D. Noble Energy is an independent energy company engaged in worldwide oil and gas exploration and production.
Offshore Floating Production Hits Headwinds
Floating production has been one of the most significant developments in the oil and gas industry over the past four decades. Since the first floating production unit (Argyll) was installed in 1975, more than 350 offshore fields too deep, too remote or too small for fixed platforms have been developed using floating production facilities. Looking forward, the future of the sector continues to look very promising, but some barriers and threats to growth have appeared.
Grounded Navy Ship Repaired, Returns to Fleet
The Oliver Hazard Perry-class frigate USS Taylor (FFG 50), homeported in Mayport, Fla., successfully completed post-repair sea trials, April 21, the U.S. Navy reported. Taylor was operating in the Black Sea when she ran aground in Samsun, Turkey, Feb. 12, damaging the ship's propeller hub assembly. Taylor was towed to Naval Support Activity Souda Bay, to complete replacements of the propeller blades and hub.
Schlumberger Announces Q1 Results
Schlumberger Limited (NYSE:SLB) today reported first-quarter 2014 revenue from continuing operations of $11.24 billion versus $11.91 billion in the fourth quarter of 2013…
TEPNG Integrates AVEVA Engineering & Design
AVEVA announced that TOTAL E&P Nigeria Ltd. (TEPNG) has adopted AVEVA’s Engineering & Design solutions as part of an Integrated Engineering & Design approach. TEPNG…
Cargill to Buy 100,000mt of Certified Ivorian Cocoa
U.S. agribusiness trader Cargill aims to purchase 100,000 metric tons of certified Ivorian cocoa this season, up slightly from 95,000 metric tons last season, West…
Offshore Service Vessels Design Innovation
It could be argued that no other sector of the maritime market has experienced a design innovation revolution quite like the Offshore Service Vessel (OSV) market. Driven by demands to supply people, gear and goods to offshore installations that are increasingly further from shore in deeper waters, today’s OSV is a far cry from those built only a decade ago. Maritime Reporter examines some of the recent innovations in design and function.
Ultra-deepwater Drillship 'Maersk Valiant' Delivered
Maersk Drilling advises that its second new drillship, 'Maersk Valiant', has been delivered from the Samsung Heavy Industries (SHI) shipyard in Geoje-Si, South-Korea. Maersk Valiant has begun its voyage towards the US Gulf of Mexico via Singapore to commence a two year contract with ConocoPhillips and Marathon Oil Corporation. Maersk Valiant is the second in a series of four ultra deepwater drillships to enter Maersk Drilling’s fleet.
Holland American Line donates $100,000 to Desmond Tutu Peace Foundation
In honor of Archbishop Emeritus Desmond Tutu’s work to spread peace, justice and democracy around the globe, Holland America Line has made a $100,000 donation to…
Australian Navy Assists French Fishing Vessel
While patrolling in the Indian Ocean off the coast of Africa, Royal Australian Navy ship HMAS Darwin provided emergency medical assistance for a heart attack victim on a French fishing vessel. The French Fishing Vessel (FV) Cape Saint Vincent called for assistance late on the night of April 10. The French Joint Headquarters requested Darwin’s assistance through the United Kingdom led Combined Task Force (CTF) 150.
Maersk Line named race partner for the Volvo Ocean Race
The world’s largest container shipping company, Maersk Line, is the official shipping partner for the Volvo Ocean Race, the pre-eminent round-the-world yacht race.
Maritime Piracy
Houthi Rockets Wreak Havoc on Middle East Container Shipping
Narco-Submarines: The Hidden Depths of Drug Trafficking
Drug Smuggling on Ships and Submarines: An Escalating Threat
Maersk revises profit forecast upwards due to robust demand and disruptions in the Red Sea.
Global Shipping Carriers Are Feeling the Impact of the War in Ukraine and the Middle East
Maritime Piracy in the Horn of Africa:
Houthis Declare All-Out War on Israeli Shipping, Vowing to Strike Beyond Red Sea
Injustice at Sea: Greek Court Drops Charges in Deadly Migrant Shipwreck
