[Read more]
Source: Marinelog
Posted on 3/01/2011 / 0
comments / Read More
Mar 1, 2011
Marcon brokers sale of Oceaneering DSV to Peru
[Read more]
Source: Marinelog
Thailand's LNG import terminal to be operational by July
"We expect to have the terminal commissioning in May, and hope that it will be operational by July," said Panu Sutthirat, PTT's executive vice president of natural gas supply and marketing, at an industry conference in Singapore.
[Read more]
Source: Reuters
Posted on 3/01/2011 / 0
comments / Read More
Libya says oil output halved, sites undamaged
Libya’s oil output has dropped by around half as workers in the industry have fled because of the uprising against Muammar Gaddafi.That estimate comes from the chairman of Libya’s National Oil Corporation Shokri Ghanem.
[Read more]
Source: Euronews
Posted on 3/01/2011 / 0
comments / Read More
DNV to issue new offshore technical guidance on offshore gas terminals
Rising demand for floating offshore gas terminals has resulted in the development of new technologies and specialised units, leading to a number of innovative design concepts. Based on DNV’s extensive experience in this segment, the company has prepared a detailed design and construction guidance, scheduled to be released shortly.[Read more]
Source: GCaptain
Posted on 3/01/2011 / 0
comments / Read More
Rex Oil & Gas, Exploration and production sharing agreement inked for offshore Block 50
[Read more]
Source: Zawya
Posted on 3/01/2011 / 0
comments / Read More
Kencana Wins EPCC Contract from Petrofac for Sepat Early Production System Offshore Malaysia
[Read more]
Source: Offshore Energy Today
Posted on 3/01/2011 / 0
comments / Read More
Transocean May Recover Deepwater Horizon Rig From Sea Floor
The wreckage, about a mile beneath the surface of the Gulf of Mexico, was surveyed in response to a Dec. 6 request from the U.S. Coast Guard to remove diesel fuel that remains trapped in tanks aboard the rig, Transocean said today in a public filing.
[Read more]
Source: Bloomberg
Posted on 3/01/2011 / 0
comments / Read More
TSmarine and SMIT Subsea sign diving services agreement
TSmarine and SMIT Subsea Australia (SMIT), a wholly owned subsidiary of Boskalis, have entered into a long term frame agreement where SMIT will provide diving services to TSmarine.[Read more]
Source: News Maker
Posted on 3/01/2011 / 0
comments / Read More
Transocean employee numbers fell by 6 pct in 2010
[Read more]
Source: Reuters
Posted on 3/01/2011 / 0
comments / Read More
First Deepwater Drilling Permit Since Gulf Oil Spill Approved
The U.S. government has approved the first deepwater drilling permit in the Gulf of Mexico more than four months after a moratorium on all deepwater offshore drilling in the country was lifted.[Read more]
Source: RTT News
Posted on 3/01/2011 / 0
comments / Read More
COSCO Near Completion of Hull Column Construction of Octabuoy FDPSO
[Read more]
Source: Offshore Energy Today
Posted on 3/01/2011 / 0
comments / Read More
ATP Oil To Explore Near New Israeli Megafields
“It’s nice to be working with a government that understands the importance of domestic energy security,” says T. Paul Bulmahn, chief executive of ATP Oil & Gas. He’s referring to Israel, where ATG is ironing out the terms of a deal to explore offshore in one of the world’s hottest new natural gas regions.[Read more]
Source: Forbes
Posted on 3/01/2011 / 0
comments / Read More
Trico Marine Services Announces Vessel Auction
The vessels Trico intends to auction include the Elm River(photo), Suwanee River, Trinity River and Palma River, as well as any additional vessels whose sales have not closed by the auction date, and those vessels’ related inventory. The sale of the vessels will be on an “as is, where is” basis.
Trico intends to conduct the auction on March 21, 2011 to procure the highest and best price for the vessels, and the Court will conduct a sales hearing on March 28, 2011 to approve the sale of any auctioned vessel.
Source: Press release
Posted on 3/01/2011 / 1
comments / Read More
Guangzhou leads high-tech ships
Guangzhou Longxue Shipbuilding under the umbrella of China State Shipbuilding Corporation (CSSC) delivered two ultra-large newbuildings on the 17th February, becoming the first shipyard in China to make two cases of deliveries in a day.[Read More]
Source: Asiasis
Posted on 3/01/2011 / 0
comments / Read More
Gazprom, Statoil: Shtokman goes according to plan
Shtokman partners Statoil and Gazprom are pleased with preparations for the first development phase of the huge gas field in the Barents Sea.[Read more]
Source: BarentsObserver.com
Posted on 3/01/2011 / 0
comments / Read More
Statoil and ExxonMobil together on the Faroes
ExxonMobil Exploration & Production Faroe Islands Limited will acquire 50% interest in Licenses 009 and 011 and 49% interest in License 006, where Atlantic Petroleum is a minority owner with 1% interest. Statoil Faroes AS will retain 50% interest and operatorship in all three licences.
[Read more]
Source: Your Oil & Gas News
Posted on 3/01/2011 / 0
comments / Read More
DSSC turns into shipbuilder
China-based DSSC, a ship-block production subsidiary of Korea's Daewoo Shipbuilding & Marine Engineering, has entered into the shipbuilding business with winning two new 58K-dwt bulkers.[Read More]
Source: Asiasis
Posted on 3/01/2011 / 0
comments / Read More
Huanghai Shipbuilding wins 7 MPPs contract
Chinese shipbuilder Huanghai Shipbuilding has signed a newbuilding contract with Ethiopian shipowner ESL to build seven 28,000dwt multi purpose cargo carriers at a price of $32.5m per unit.
[Read More]
Source: Seatrade Asia
[Read More]
Source: Seatrade Asia
Posted on 3/01/2011 / 0
comments / Read More
Hyundai wins $4bn orders in Jan
Hyundai Heavy Industries (HHI) announced that it has achieved KRW2.179trn (US$1.932bn) revenue with 19.8% growth than a year before and US$3.959bn new orders for January.[Read More]
Source: Seatrade Asia
Posted on 3/01/2011 / 0
comments / Read More
CMA CGM announces rate restoration program between North Europe, Scandinavia, Med and Australia
The CMA CGM group has announced it has decided to restore the freight rates for all cargo moving from North Europe, Scandinavia and the Mediterranean Sea to Australia.
Effective on April 5, 2011, shipping costs will increase by US$150 per TEU.
Source: Barid Maritime
Effective on April 5, 2011, shipping costs will increase by US$150 per TEU.
Source: Barid Maritime
Posted on 3/01/2011 / 0
comments / Read More
Fuel consumption benefits from antifouling system backed by money-back guarantee
Jotun Marine Coatings has launched Hull Performance Solutions (HPS), described as a new concept which guarantees significant reductions in fuel consumption by combining premium antifouling with monitoring tools.
[Read More]
Source: Motorship
[Read More]
Source: Motorship
Posted on 3/01/2011 / 0
comments / Read More
Cargill ship will be largest ever to utilize kite power
For the past ten years, Hamburg-based SkySails has been engineering and producing what are essentially giant kites, designed to help ships reduce their fuel use by catching the wind and pulling them across the surface of the ocean.[Read More]
Source: gizmag
Posted on 3/01/2011 / 0
comments / Read More
Libya Oil Cargoes Still Moving, World’s Biggest Shipbroker Says
Oil cargoes are still leaving Libya, Africa’s third-largest producer, as ports mostly keep operating through an uprising against leader Muammar Qaddafi, according to Clarkson Plc, the world’s biggest shipbroker.[Read More]
Source: Bloomberg
Posted on 3/01/2011 / 0
comments / Read More
The Danish sailboat ING Kalundborg has hijacked
The Danish sailboat ING Kalundborg has hijacked off the Somali coast. The boat, a Dynamic 43, owned by a family that is extremely experienced sailors and known by both long-distance sailors.[Read More]
Source: Sea News
Posted on 3/01/2011 / 0
comments / Read More
Pirates could face armed seafarers
The UAE Shipping Association (UAESA) has reversed course to back the use of private security guards aboard commercial vessels as the best way to combat increasingly aggressive Somali pirates.[Read More]
Source: The National
Posted on 3/01/2011 / 0
comments / Read More
MHI Receives Order from NYK for Eco-LNG Carrier, Featuring 15% Enhancement in Fuel Efficiency
Mitsubishi Heavy Industries, Ltd. (MHI) has received an order from Nippon Yusen Kabushiki Kaisha (NYK) for a liquefied natural gas (LNG) carrier capable of marked reductions in fuel consumption. The vessel is the first of its kind to adopt "MHI Ultra Steam Turbine Plant" (UST), a new turbine plant which enables approximately 15% higher fuel efficiency than conventional steam turbine plants, a feat achieved through efficient utilization of thermal energy by reheating steam. The LNG carrier is scheduled for completion and delivery in 2014.
The about 123,000 gross tonnage Eco-LNG carrier on order will measure 288 meters (m) in overall length, 49m in breadth and 26.8m in depth. It will have capacity to carry a total of 145,400m3 of LNG using four MOSS type* spherical storage tanks, whose safety and reliability have been confirmed through wide use in LNG carriers. The ship is designed for optimal environmental friendliness: in addition to reduced gas emissions through lower fuel consumption enabled by the UST, it features a ballast water treatment system and capability to use low sulfur fuel oil.
Source: Press Release
The about 123,000 gross tonnage Eco-LNG carrier on order will measure 288 meters (m) in overall length, 49m in breadth and 26.8m in depth. It will have capacity to carry a total of 145,400m3 of LNG using four MOSS type* spherical storage tanks, whose safety and reliability have been confirmed through wide use in LNG carriers. The ship is designed for optimal environmental friendliness: in addition to reduced gas emissions through lower fuel consumption enabled by the UST, it features a ballast water treatment system and capability to use low sulfur fuel oil.
Source: Press Release
Posted on 3/01/2011 / 0
comments / Read More
Asia Set To Drive The Global Container Market As Regional Economies Gain Ground Led By China
Global container trades are stabilising and the expansion of Asian economies will be the key to trade growth in the future, a senior industry executive said today.
[Read More]
Source: Logistics Week
[Read More]
Source: Logistics Week
Posted on 3/01/2011 / 0
comments / Read More
Maersk Line Holds No. 1 Spot Among Ocean Carriers
Maersk Line’s recent order for 10 ships with capacities of 18,000 20-foot equivalent units apiece cements its position as the world’s largest container line, according to Alphaliner.[Read More]
Source: Journal of Commerce
Posted on 3/01/2011 / 0
comments / Read More
Fuel Costs Squeeze Ocean Carrier Margins
[Read More]
Source: Journal of Commerce
Posted on 3/01/2011 / 0
comments / Read More
Fairstar posts net profit and raises funds for newbuilds
Fairstar Heavy Transport NV has published its audited financial statement for 2010, recording a net profit after tax of US$228,000.
[Read More]
Source: Offshore Shipping Online
[Read More]
Source: Offshore Shipping Online
Posted on 3/01/2011 / 0
comments / Read More
How To Ship 128,000 Tonnes Of Freight 15,000 Miles At 7 Miles per Hour
Project freight forwarding takes many forms but sometimes the simplest can be the most spectacular. When faced with a massive single piece to ship which is destined for a life anchored to the seabed by far the easiest method is simply to pull it into position, even if the destination is over 15,000 miles away.[Read More]
Source: Handay Shipping Guide
Posted on 3/01/2011 / 0
comments / Read More
Massive Indian investment in ports
India has announced a combined $110bn package to develop its ports and shipbuilding industry by 2020.
[Read More]
Source: Port Strategy
[Read More]
Source: Port Strategy
Posted on 3/01/2011 / 0
comments / Read More
Gazprom buys Kovykta operator's assets for 22.6 bln rbls
Russia's gas giant Gazprom has acquired the assets of RUSIA Petroleum, the license holder of the giant East Siberian Kovykta gas field, for about 22.6 billion rubles ($771 million), or 50% more than the auction starting price, a source familiar with the situation said on Tuesday.[Read More]
Source: RIA Novosti
Posted on 3/01/2011 / 0
comments / Read More
Beach Energy To Realise Reserves Upgrade From Impress Takeover
[Read More]
Source: ABN Newswire
Posted on 3/01/2011 / 0
comments / Read More
Leighton wins contract offshore India
India’s Oil and Natural Gas Corporation (ONGC) has appointed Leighton Contractors India to carry out refurbishment work of its Water Injection North (WIN) Platform at Mumbai High Field.
[Read More]
Source: Offshore Shipping Online
[Read More]
Source: Offshore Shipping Online
Posted on 3/01/2011 / 0
comments / Read More
Ecopetrol Profit Rises 57% on Oil Price, Production Gains
Ecopetrol SA, Colombia’s largest oil company, said profit jumped 57 percent in the fourth quarter because of a rally in crude prices and higher production.[Read More]
Source: Bloomberg
Posted on 3/01/2011 / 0
comments / Read More
First deep-water drilling permit since oil spill
Today, Governor Bobby Jindal issued a statement regarding the first deep water drilling permit issued since the moratorium.Governor Jindal said, "This is a good first step, but we must quickly get to a level of issuing permits that represents a critical mass so thousands of oil and gas industry workers can get back to work fueling America again. I spoke with Department of Interior Secretary Ken Salazar today and we're pleased to see that the administration recognized the oil and gas industry's efforts to create a first-of-its-kind well containment solution.
[Read More]
Source: WWL
Posted on 3/01/2011 / 0
comments / Read More
WHL Energy Completes Acquisition of Seychelles Oil and Gas Interests
Australian energy company WHL Energy Limited announces that it has secured rights to a minimum of 96% of 20,700 square kilometres of highly prospective oil and gas exploration interests in the shallow water area off the southern Seychelles coast via the acquisition of 100% of SEYCO Energy Pty Ltd and its wholly owned subsidiary Petroquest International Inc.
[Read More]
Source: OilVoice
[Read More]
Source: OilVoice
Posted on 3/01/2011 / 0
comments / Read More
Range Resources Q4 Loss Sharply Widens, But Tops View; Production Up 18 Percent
Petroleos MIndependent oil and gas producer Range Resources Corp. (RRC: News ) reported Monday a loss for the fourth quarter that sharply widened from last year, hurt by a significant impairment on proved properties.The results were also impacted by a 19 percent drop in average realized prices and a 3 percent revenue decline, despite an 18 percent growth in production volumes.
[Read More]
Source: RTT News
Posted on 3/01/2011 / 0
comments / Read More
Pemex Quarterly Loss Narrows 60 Percent on Higher Oil Prices
Petroleos Mexicanos, Latin America’s largest oil producer, said higher crude prices and lower costs caused the company’s fourth-quarter loss to narrow 60 percent from a year ago.
[Read More]
Source: Bloomberg
[Read More]
Source: Bloomberg
Posted on 3/01/2011 / 0
comments / Read More
Subscribe to:
Posts (Atom)
Euro Exchange Rate