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Oil Price Depends Less on Supply & Demand Says OAPEC Chief
The selling price of crude oil is more likely to be determined by geopolitical considerations, speculations, status of global oil reserves, rate of the US dollar…
MOL Enhances Asia-South Africa Service Network
TOKYO—Mitsui O.S.K. Lines Ltd. MOL will meet customer needs by providing high-quality direct services and by providing variety of port coverage continuously. MOL…
Communication Satellite Launched for Intelsat
Intelsat S.A., a provider of satellite services, with International Launch Services (ILS) announced that an ILS Proton vehicle successfully launched the Intelsat 22 satellite from the Baikonur Cosmodrome in Kazakhstan. After a 15 hour and 30 minute mission, the Breeze M successfully released the Intelsat 22 satellite, weighing 6199 kg, into supersynchronous transfer orbit (SSTO) at a 65,000 km apogee.
Piracy – EU Naval Force Protects WFP Shipments to Somalia
One of Portugal's largest warships, the Vasco de Gama Class frigate NRP Corte Real added its name to the list of ships (EUNAVFOR) operating in the Horn of Africa sea area. The new addition to the fleet will mount counter-piracy operations, with a view to protecting WFP aid shipments to Somalia. Commissioned into the Portuguese navy in 1990 the Corte Real is no stranger to the Horn of Africa, having previously worked to prevent piracy under the 'OCEAN SHIELD' NATO Operation.
Fairmount Fuji assisted drillship Stena Forth
Fairmount Marine’s multipurpose support vessel Fairmount Fuji has assisted drillship Stena Forth, owned by Swedish Stena Drilling, when passing by Cape Town, South Africa. Fairmount Fuji was contracted to perform several cargo runs. Stena Forth anchored offshore Cape Town for crew changes and replenishments. Fairmount Fuji is equipped with a spacious 280 square meters deck. This makes her ideal for the transport of goods.
Big Ideas Sometimes Come in Small Packages
Hyde Marine’s chemical-free, IMO Type Approved ballast water treatment solution packs performance in a smaller footprint. That’s good news for small vessel operators…
Growth in Offshore Ops & Maintenance Expenditure Forecast
Growth of 8% in expenditure forecast annually 2012-2016; O&M markets considerably less vulnerable to downturn than their capital-led counterparts. Over $335 billion…
Ocean Rig UDW Inc. Announces Drilling Contract
Nicosia, Cyprus – Ocean Rig UDW Inc., a global provider of offshore deepwater drilling services, announced that it has signed a new drilling contract for its semisubmersible…
Strong Growth Forecast for Offshore Operations & Maintenance
Over $335 billion worth of expenditure is expected over the next five years on offshore operations and maintenance, according to a new report, The World Offshore…
Piracy Attacks Reported in West Africa Waters
The Worldwide Threat to Shipping (WTS) message from ONI provides information on threats to, and criminal action against, merchant vessels worldwide. DEM.REP.CONGO: Refrigerated Cargo Ship boarded while anchored in the E, Boma Anchorage. Ten robbers in two boats boarded the ship stole cargo, stores took crewman as temporary hostage. NIGERIA: Chemical tanker approached off Port Harcourt Fairway Buoy.
Pirates in Gulf of Aden Watched from Sky
Counter-piracy forces from the European Union will gain another valuable asset with the addition of a Falcon 50 maritime surveillance aircraft from the French Navy. Based from Djibouti, the aircraft has the range to cover the Gulf of Aden and waters off the horn of Africa. Its speed and range are instrumental in guiding surface units to apprehend suspect vessels and can provide advance warning to escorted convoys of aid to Somalia…
Ship Aground off China Coast – Offloading Containers
Singapore flag vessel m/v Bareli (35,881gt built 2004) is aground in Chinese waters having suffered hull damage. The crew has been rescued. The ship normally plies between ports in Africa and the Far East. The Fujian Maritime Rescue Center said that rescuers are working to retrieve the ship's fuel oil which has leaked into the sea, and they have called ship repair factories to send workers to help offload 1,913 containers loaded on the ship.
Evans Cooling Inks Agreement With South African Firm
Evans Cooling Systems Inc., building on their global brand of waterless engine coolants, announced an alliance with Corrosion and Scale Control (CSC) in Cape Town, South Africa.
Forum Subsea Technologies Launches New Tomahawk™ ROV
Forum Subsea Technologies has officially launched Tomahawk, the latest addition to its range of multi-role remote operated vehicles (ROVs). Tomahawk has been built…
Shipyard in UK Gets Big Rudder Orders
The major new contract with Italian shipowner Grimaldi was won against stiff competition from several shipyards throughout Europe and cements A&P’s reputation for excellence and efficiency. It also marks a milestone in A&P’s 10-year partnership with Grimaldi, taking the total number of Grimaldi ships repaired by the A&P Group to 50, the majority of which have been in Falmouth. It will see A&P Falmouth…
LNG Carriers, Drillship Orders Increase in Korea Yard
Easing of the Eurozone sovereign debt problems, increased issue of drilling permits in the Gulf of Mexico and growing demand for drillships in Latin America and West Africa have combined to give Samsung Heavy Industries the best order growth visibility among the “Big Three” – Hyundai Heavy Industries and Daewoo Shipbuilding and Marine Engineering. Already, Samsung Heavy Industries has achieved 38 percent of its annual order guidance or $3.8 billion…
Shipbuilding Insights, Trends, Offered in New Report
The global outlook series on the Shipbuilding and Repair Industry provides a collection of statistical anecdotes, market briefs, and concise summaries of research findings.
Port of Portland Linked to Med by German Line
Containership Cap Cleveland inaugurated a new service offering freight connections between US Pacific Northwest and Mediterranean ports when she docked recently at the Port of Portalnd, to be greeted by port officials and container terminal managers from Philippine-based International Container Services Inc. Hamburg Süd offers new and more regular calls to Mediterraneon ports as well as feeder connections to the Far East, Middle East, Indian Ocean, Latin America and West Africa.
Rig Owner Gets $34m for 60-day Charter
Chariot’s wholly-owned subsidiary Enigma Oil & Gas has chartered the rig for two months to drill a single well on the Tapir South prospect, off Namibia. The Maersk Deliverer is an ultra-deepwater semi-submersible drilling rig, capable of operating in water depths of 10,000 feet and drilling to a depth of up to 30,000 feet. The rig has been operating off West Africa since Maersk took delivery in 2010 and most recently at the Narina-1 wildcat on Block LB-9, off Liberia struck oil.
CMA CGM Reports Encouraging Outlook for 2012
CMA CGM, the world’s third largest container shipping group, reported revenue of U.S. $14.87 billion for the year ending December 31, 2011, a 4% increase on 2010.
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
