Maritime Industry Top News
Aqueos Wins GoM Contract
Subsea services provider Aqueos Corporation said it has been awarded a major contract for a large pipeline installation project located in the Gulf of Mexico. Aqueos said the contract, which commenced in December 2017 and will be completed in the first half of 2018, will support shallow-water pipeline installations in water depths up to 100 feet. The work scope will utilize the Aqueos diving support vessel (DSV) SPLASH…
Washington State Christens New Ferry Suquamish
The Washington State Department of Transportation (WSDOT) christened Suquamish, its fourth Olympic Class auto/passenger ferry, to serve passengers on the Mukilteo/Clinton route beginning in 2019. The christening ceremony was held at Vigor's Harbor Island Shipyard in Seattle, where the new 144-car ferry has entered the final stages of construction and preparation ahead of sea trials starting in mid-2018.
Recent Vessel Sales: December 2017
Vessel sales for December 2017 (as of January 1, 2018) as prepared by Shipping Intelligence, Inc., New York.
Rowan Buys Two Jack-up Rigs from Petrobras
Offshore driller Rowan Companies plc said it has purchased two LeTourneau Super 116E jack-up rigs, the P-59 and P-60, both delivered new into service in 2013, in…
ExxonMobil Announces Oil Discovery Offshore Guyana
Exxon Mobil Corporation announced its sixth oil discovery offshore Guyana since 2015, following positive results from its Ranger-1 exploration well. The Ranger-1 well discovery adds to previous discoveries at Liza, Payara, Snoek, Liza Deep and Turbot, which are estimated to total more than 3.2 billion recoverable oil-equivalent barrels. ExxonMobil affiliate Esso Exploration and Production Guyana Ltd.
Boreal Orders Electric Ferry at Vard
Shipbuilder Vard Holdings Limited said it has been awarded a contract to build a new car- and passenger ferry due for delivery to Norwegian public transport operator Boreal in the third quarter of 2019. The vessel will ply the Norwegian fjords powered by a fully electrical battery solution for continuous electric operations. Vard said the vessel’s hull will be constructed at one of its Romanian yards, Vard Braila, and final delivery will take place from Vard Brevik in Norway.
Op/Ed: DPP a Benchmark Toward US Energy Dominance
National Ocean Industries Association (NOIA) president Randall Luthi comments on the U.S. Department of the Interior’s (DOI) 2019-2024 National Offshore Oil and Gas Leasing Draft Proposed Program, which seeks to open nearly all U.S. offshore waters to oil and gas drilling. With 94 percent of our nation’s outer continental shelf (OCS) currently and unnecessarily off limits to oil and gas leasing and exploration…
Suspect Involved in N. Korean Oil Smuggling Released on Bail
A court in Taiwan has released on bail a man prosecutors allege to have made false declarations in the case of a Hong Kong-flagged tanker suspected of transferring oil to North Korea in violation of international sanctions. The man, surnamed Chen, said the vessel was bound for Hong Kong, despite knowing it was bound for international waters to traffic oil products, the prosecutors' office in the southern city of Kaohsiung said on Wednesday.
US Firm Gets Go-ahead to Resume MH370 Search
Malaysia will allow a U.S.-based exploration firm to resume the search for Malaysia Airlines flight MH370, an airline support group told families of the victims on Friday, in a bid to solve one of the world’s greatest aviation mysteries. Flight MH370, carrying 239 people, disappeared en route from Kuala Lumpur to Beijing in March 2014. Australia, China and Malaysia ended a fruitless search in January last year.
Insights: Emissions Control and Compliance
Bob Kunkel needs no introduction to Marine News readers. Kunkel, President of Alternative Marine Technologies, previously served as the Federal Chairman of the Short Sea Shipping Cooperative Program under the Maritime Administration and Department of Transportation from 2003 until 2008. A past Vice President of the Connecticut Maritime Association, he is a contributing writer for Maritime Logistics Professional magazine and of course, Marine News.
Fotland Named COO at Odfjell
Odfjell SE has appointed Harald Fotland as chief operations officer (COO), effective January 5, 2018. The Norwegian tanker shipping firm said it is introducing a COO function to ensure full integration between ship management and commercial operations. “With the new structure, Odfjell Tankers will have common and aligned goals across all functions relating to chemical tankers,” the company said. Fotland joined Odfjell as chief of staff in 2010…
Orsetd, Formerly Dong Energy, Sued over Name Change
The descendants of Danish scientist Hans Christian Orsted will take legal action on Friday against one of Denmark's biggest companies over its decision to change its name to Orsted, their lawyer said. DONG Energy, the world's largest developer of offshore wind farms, in October renamed itself Orsted as part of its shift to renewable energy from oil and gas. DONG was short for Danish Oil and Natural Gas.
Great Lakes Limestone Trade Up in 2017
Shipments of limestone on the Great Lakes totaled 28 million tons in 2017, an increase of 6.4 percent compared to 2016, the Lake Carriers’ Association (LCA) reported. 2017’s loadings were also 2.1 percent above the trade’s five-year average. LCA said loadings from U.S. quarries inched passed their five-year average, totaling 23.2 million tons, an increase of 8.4 percent compared to 2016. Meanwhile…
Hong Kong to Host Global Maritime Forum Inaugural Annual Summit
Hong Kong is chosen to host the Global Maritime Forum’s inaugural Annual Summit on 3-4 October 2018. The high-level meeting will convene key industry leaders with policymakers…
Qatargas-RasGas Merger
The integration of RasGas with Qatargas will enable the world’s largest LNG exporter to save QR2bn ($550 million) a year, Qatar Petroleum (QP), the state-owned energy giant, announced.
NYK Line Focuses on Green and Digitalization
NYK president Tadaaki Naito called for promoting environmental issues and the utilization of IoT. "I hope to advance the group’s activities with a focus particularly…
Record Volume for Viking Line in 2017
The total number of passengers who travelled with Viking Line in 2017 was 6,881,149 (6,502,191) or nearly 6 per cent more than in 2016. That figure is the highest in Viking Line’s history.
MOL CEO Optimistic on 2018
President & CEO of Mitsui O.S.K. Lines Junichiro Ikeda says that his company is strongly determined to shape the future of the industry. Looking at the shipping market…
USS Hopper Arrives in 7th Fleet
The Arleigh Burke-class guided-missile destroyer USS Hopper (DDG 70) entered the U.S. 7th Fleet area of operations Jan. Hopper will conduct evolutions involving theater security cooperation…
DryShips Adds Fourth VLGC
DryShips, a diversified owner of ocean going cargo vessels, announced today that it has taken delivery of its fourth high specification very large gas carrier (VLGC) newbuilding.