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Harkand Set to Acquire Veolia Marine Services
Harkand, the international subsea inspection, repair, maintenance and light construction group, announced an agreement to acquire the main assets and business of Veolia Marine Services (VMS). The acquisition will add 150 onshore and offshore staff, three dynamically-positioned multi-purpose vessels (MSV), and six work-class remotely operated vehicles (ROVs) to Harkand’s growing workforce and fleet.
Korean Shipyard Delivers Container Ship ‘Hanjin Argentina’
The 3600 TEU container ship, built under the supervision of Navgathi Marine by Hyundai Sambo delivered to Pacific International Lines. Hanjin Argentina is the third of a series of four such vessels ordered by Pacific International Lines of Singapore from the S. Korea shipbuilders. Navgathi Marine is providing the new building supervision services to eight PIL vessels under construction at Hyundai Samho…
GSI Completes Two Major Oil and Gas Contracts
Gulfstream Services Inc. (GSI), provider of equipment to the international oil and gas industry, has successfully completed two six figure decommissioning contracts with oil and gas service companies, Helix Well Ops U.K. and Dof Subsea. The Helix contract was part of the BP North West Hutton decommissioning project where GSI tools were used to remove 10- and 20-inch pipelines from the seabed. GSI’s…
Global Freight Rates Plunge, Report Finds
Average global freight rates have fallen to a 15-month low, according to Drewry’s new online Container Freight Rate Insight. Drewry’s Global Freight Rate Index fell 12% in April to reach its lowest level since February 2012, when container shipping was still recovering from the last ocean carrier price war. The Index, which is a weighted average of freight rates across the 600 trade routes covered by Drewry’s Container Freight Rate Insight…
CMA CGM Launches Three New Joint Services, Restructures Routes
In view of continuous challenging trading conditions effective from July 2013 CMA CGM, Maersk Line, Hamburg Süd, CSAV, China Shipping Container Lines and Hanjin will restructure their services between the Far East and South America East Coast by launching three new joint services. -ASAS 2/NGX 2/SEAS 2/ASAX 2: Currently operated by Maersk Line, Hamburg Süd, CSAV, CMA CGM and China Shipping Container Lines. -SEAS 1/ASAX 1: Currently operated by CSAV, CMA CGM and China Shipping Container Lines.
North American Oil Supply Shocks Markets
The supply shock created by a surge in North American oil production will be as transformative to the market over the next five years as was the rise of Chinese demand over the last 15, the International Energy Agency (IEA) said in its annual Medium-Term Oil Market Report (MTOMR). The shift will not only cause oil companies to overhaul their global investment strategies, but also reshape the way oil is transported, stored and refined.
Jaya Reports $4 Million Net Profit for 1Q 2013
Jaya Holdings Ltd. reported consolidated revenue of $24.8 million and net profit of $4.0 million for the financial quarter ending March 31, 2013. The group’s total…
Survivor’s Mom Sends Cookies to USCG
Jordan Hanssen, recently rescued OAR Northwest transatlantic rower, sponsored by the Canadian Wildlife Federation (CWF) made great efforts to visit his rescuers at two USCG stations for Military Appreciation Month last week. Both the Clearwater and Miami Coast Guard Air Stations involved in the early April rescue received a gratitude visit from Jordan, who also presented them with a thank you plaque.
Nexans DEH System in Deep ...
Subsea 7 takes Nexans DEH system deeper than ever before for Chevron’s Lianzi project off SW Africa. The Lianzi development (located in a unitized offshore zone between the Republic of Congo and the Republic of Angola) will include the world’s deepest installation of a Direct Electrical Heating (DEH) system of subsea production pipelines. Nexans say that their field-proven DEH solution provides eco-friendly and cost-effective flow assurance for subsea production pipelines.
Rolls-Royce Hits Century in Drillship Propulsion Orders
Rolls-Royce's milestone 100th contract is to deliver drillship propulsion systems to a Transocean rig. In recent months Rolls-Royce has won orders to supply propulsion systems for seven new drillships totaling close to £100 million, including options, from a variety of customers including Transocean. These ships will be built in the Samsung, Daewoo and Hyundai shipyards in Korea. Rolls-Royce is a leading supplier of large thrusters to these specialist vessels…
Kongsberg to Supply Simulators for NigerianTraining Center
PEM Offshore Limited signed a multi-million dollar contract with Kongsberg Maritime for the supply of a full suite of Offshore Anchor Handling, Dynamic Positioning, Power Management and Crane Simulation systems. The new simulators will form the main infrastructure for a world-class offshore simulation training center and the first of its kind in Nigeria and West Africa. The new training center will…
Tall Ship Delivers Adventure and Cargo in the South Pacific
Circling the world five times as part of her famed 30,000-mile circumnavigation voyages, the tall ship Picton Castle has often been called upon to deliver critically-needed goods, including medical supplies and thousands of pounds of donated books and educational materials, to remote island communities. For Captain Daniel Moreland, founder of the award-winning sail training program, these impromptu cargo missions are valuable teaching moments – an opportunity to learn how to safely load…
Gulf of Mexico Recruiters Step Up Efforts
OilCareers.com has released statistics suggesting that staff roles offered by employers in the Gulf of Mexico have increased almost sixteenfold in the last three years. Statistics show that the margin between contract and staff positions that reflected an equal split in 2009 now reveal a shift to five times as many staff than contract roles equating to 80% of job types currently registered on OilCareers.com.
European Vessels Engage in Operation Against Piracy
Since April 2013, the Jeanne d'Arc group, composed of the Landing Helicopter Dock (LHD) Tonnerre, the Antisubmarine Frigate (ASF) Georges Leygues, the Light Surveillance Frigate (LSF) Nivôse, and the Off-Shore Patrol Vessel (OSV) Adroitare, have been engaged in the European operation against piracy christened Atalanta. The French ships and the four Swedish, German, Spanish and Dutch ships are deployed…
MOL Launches Mozambique Express Service
Mitsui O.S.K. Lines, Ltd. (MOL) announced its new Mozambique Express Service (MZX), departing Singapore on June 7, 2013. MZX is a weekly service operated by PIL with seven vessels.
Havyard Orders MacGregor Cranes
Two MacGregor cranes will feature on a new subsea IMR vessel being built by Havyard in Norway for diverse deepwater operations off the west coast of Africa. In April, MacGregor, part of Cargotec, signed an order with Norwegian shipyard, Havyard Ship Technology AS, for two MacGregor offshore cranes. Both will be installed on a new Havyard 857 subsea inspection maintenance and repair (IMR) vessel being built for Nigerian offshore oil and gas company, Marine Platforms Limited (MPL).
KOGT Establishes EAME HQ in Guildford, U.K.
Kongsberg Oil & Gas Technologies (KOGT), a wholly-owned subsidiary of Kongsberg Gruppen ASA, established a new EAME (Europe, Africa, Middle East) headquarters in Guildford, U.K. The new office will provide sales and technical support to customers across the EAME region. The new office will be the focal point for all customers operating in the EAME region, initially concentrating on KOGT's solutions…
Wabona Awarded Maritime Newcomer Accolade
Durban's Wabona Group was among the winners in one of the nine award categories, during a Maritime Industry Awards function held on April 28, 2013 in Cape Town. The event, held to celebrate contributions to the South African Maritime Industry, was a culmination of a nationwide nomination process. Wabona Group was awarded a Maritime Newcomer accolade at the 2012/2013 Maritime Industry Awards, Organized by Colleen Jacka of Maritime Review Africa.
Kirk Petrophysics Cuts to the Core
Global leaders in the oil and gas industry will descend on the U.K. for an annual technical day organized by Reservoir Group member company Kirk Petrophysics. Experts from across the field will lead the discussions at the event, which is being held at the firm’s newly expanded Core Center in Guildford next month. Specialists from leading international firms including Schlumberger, Dhahran Carbonate Research Center, SGS and Empirica will be among those attending the event.
British Private Navy Warship Held in Spain
An ex-Royal Navy officer’s converted warship has been seized by Spain amid fears he is a mercenary planning to fight pirates in Somalia. Former lieutenant Chris…
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
