Mar 22, 2011

Feds Give Shell Deepwater Drilling Project Environmental Approval

The Interior Department has approved its first post-BP spill environmental review for a deepwater exploration plan in the Gulf of Mexico.
Shell Offshore Inc., a unit of Royal Dutch Shell PLC, is now one step closer to final approval to drill three new exploratory wells in 2,950 of water, 130 miles off the coast of Louisiana.
[Read More]
Source: Fox News

Posted on 3/22/2011 / 0 comments / Read More

Asian shipowners outraged over lack of government action on piracy

Representatives of Asian shipowners' associations have expressed outrage over a lack of government action against an increasing number of attacks on their ships and the brutality shown by Somali pirates. The Asian Shipowners' Forum (ASF) Safe Navigation & Environment Committee (SNEC) meeting held in Singapore last Friday expressed grave concern at the threat posed by pirates to international shipping, particularly in the Gulf of Aden, the Indian Ocean and the waters off Somalia.
[Read More]
Source: Seatrade Asia
Posted on 3/22/2011 / 0 comments / Read More

NATO warns hijacked vessel still being used as mother ship

NATO  is warning that although the recently hijacked MV SINAR KUDUS is now moving south towards the Somali coast, it can still conduct pirate mother-ship operations in the Arabian Sea area.
[Read More]
Source: MarineLog
Posted on 3/22/2011 / 0 comments / Read More

Aramco, PetroChina Plan 200,000 Barrel Oil Refinery in China

Saudi Aramco and China National Petroleum Corp. agreed to build a 200,000 barrel-a-day refinery in southern China as producers seek to meet rising fuel demand in the world’s fastest-growing major economy.
[Read more]
Source: Bloomberg
Posted on 3/22/2011 / 0 comments / Read More

‘Maersk Constellation’ underway after extended delay in Angola

The Maersk Constellation is underway and continuing its voyage after having been mistakenly detained by authorities in Angola since Feb. 28 over questions regarding documentation of a portion of the ship’s cargo.
[Read More]
Source: gCaptain
Posted on 3/22/2011 / 0 comments / Read More

Spain requests EMSA assistance after ship accident off Gibraltar

Following the bow to bow collision between the oil tanker Torm Gertrud and the bulk carrier New Flame off Gibraltar on 12th August, Spain has today requested EMSA to send one of its anti-pollution vessels to the area.
[Read More]
Source: Sea News
Posted on 3/22/2011 / 0 comments / Read More

Indonesian pirates robbed Thai bulk carrier Thor Nereus

On 20 Mar 11 at or about 0210 hrs, a Thailand-registered bulk carrier, Thor Nereus was underway at approximately 12 nm northwest of Pulau Damar, Indonesia
[Read More]
Source: Sea News
Posted on 3/22/2011 / 0 comments / Read More

Gasoline Shipping Profit Seen Rising 24% After Earthquake

Profit from shipping gasoline to the U.S. from Europe in the second quarter will rise 24 percent as disruptions to Japanese imports divert cargoes across the Atlantic, increasing demand for vessels.
Forward freight agreements, traded by brokers and used to hedge or bet on future transport rates, will rise to $14,000 a day on the route, from $11,252 yesterday, said Erik Nikolai Stavseth, an analyst at Arctic Securities ASA in Oslo. His recommendations on stocks of shipping lines returned 24 percent in the past six months, data compiled by Bloomberg show.
[Read More]
Source: Bloomberg
Posted on 3/22/2011 / 0 comments / Read More

Shaikan-2 well in Iraq finds oil: Gulf Keystone

Gulf Keystone said that the Shaikan-2 appraisal well in the Kurdistan region of Iraq and about 9km to the south-east of the Shaikan-1 discovery well has yielded oil.
[Read more]
Source: Energy Business Review
Posted on 3/22/2011 / 0 comments / Read More

CMA CGM reinforces its EPIC service between India, Pakistan, the Middle East and Europe

CMA CGM is pleased to announce the upgrading of its EPIC service between India, Pakistan, the Middle East and North Europe (5 ports served directly) thanks to the following enhancements:

• A new westbound call at Port Said as of March 30, 2011, which will significantly improve transit times to the eastern Mediterranean, reducing the trip by 4 days to Lattakia (Syria) and Istanbul (Turkey), 6 days to Mersin (Turkey) and 7 days to Beirut (Lebanon),
• Replacement of the Salalah call by Khor Fakkan, to liaise with the MASCAREIGNES line serving the Indian Ocean,
• The deployment of an efficient and homogeneous fleet of 8 ships with a nominal capacity of 5,700 TEUs.
CMA CGM therefore offers its customers multiple destinations from the Indian subcontinent to the Middle East and North Europe thanks to calls at major transshipment ports in the Mediterranean:
• Tangiers for West Africa and Latin America,
• Malta for the western Mediterranean,
• Khor Fakkan for the Indian Ocean,
• Port Said for the Adriatic Sea, Black Sea, Middle East (Syria, Lebanon, Egypt), Turkey and Greece.
"The addition of a call in Port Said is the main asset of this new service and will significantly reduce our transit times to the eastern Mediterranean. This new configuration meets the growing demand of our Indian and Pakistani customers exporting agricultural, textile and chemical products, as well as refrigerated goods, to markets in the Middle East, Black Sea and Turkey”, said Christophe de La Ferrière, Senior Manager Indian Subcontinent / Europe Lines.
The new EPIC service rotation, effective since March 19th, is as follows: Southampton - Rotterdam - Hamburg - Antwerp - Le Havre - Port Said - Khor Fakkan - Jebel Ali - Port Qasim - Nhava Sheva - Mundra - Jeddah - Port Said - Malta - Tangiers - Southampton.
Source: CMA CGM
Posted on 3/22/2011 / 0 comments / Read More

Maersk expects Q2 freight rate rebound

Container shipping will shake off an array of risks from Japan to the Middle East and rates will begin a seasonal recovery in the second quarter, the head of the world's biggest container shipping line said.
[Read More]
Source: Cargonews Asia
Posted on 3/22/2011 / 0 comments / Read More

Petrobras Feb. oil output slips on maintenance works

Brazilian state-controlled oil company Petrobras said on Tuesday that output fell 2.2 percent in February from the prior month as it stopped production at some offshore facilities for scheduled maintenance.
[Read more]
Source: Reuters
Posted on 3/22/2011 / 0 comments / Read More

Aztec completes Upper Gulf Coast well in Texas

Aztec Oil & Gas has completed the McCaskill #1 well in the Upper Gulf Coast, located in southern Karnes County in the US state of Texas.
The well, which was drilled recently to a depth of about 9,700', encountered five pay zones in the prolific middle Wilcox formation.
[Read more]
Source: Energy Business Review
Posted on 3/22/2011 / 0 comments / Read More

Globus Maritime Announces the Acquisition of a 2007-Built Supramax Dry Bulk Carrier

Globus Maritime Limited, a dry bulk vessel owner and operator, announced that it has agreed to purchase from an unaffiliated third party a 58,790 DWT Supramax dry bulk carrier for a purchase price of $30.3 million. The vessel was delivered from the Tsuneishi Heavy Industries Cebu yard in 2007.
The vessel is expected to be delivered to the Company during the third quarter of 2011. Upon her delivery to Globus she will continue her deployment under a time charter to Cosco Qingdao at the gross daily rate of $16,000 until the first quarter of 2015.
On completion of this acquisition, the Company's fleet will expand to six modern dry bulk carriers with a total carrying capacity of 378,703 DWT and a weighted average age of 4.6 years (as of September 30, 2011).
George Karageorgiou, President and CEO of Globus commented: "Consistent with our strategy to own modern assets, and to seek accretive acquisitions at the proper time, we have today agreed to acquire a modern Supramax vessel at a very competitive price. This acquisition is expected to provide additional visibility to our future cash flows, as the vessel is chartered until the first quarter of 2015. We continue to look for vessels that will be accretive to our profitability and cash flows."
Source: Globus Maritime
Posted on 3/22/2011 / 0 comments / Read More

Dry bulk new building orders fall for yet another week, container ships booming

The newbuilding market is heading towards different directions as evidenced by the past week’s data and orders reported. On one hand there’s the falling interest from dry bulk ship owners, whose demand for newbuildings seems to be – finally – waning.
[Read More]
Source: Hellenic Shipping News
Posted on 3/22/2011 / 0 comments / Read More

Chevron Awards Halliburton USD 120 Million Contract Extension in Thailand

Halliburton  has been awarded a $120 million, three-year contract extension by Chevron Thailand for the provision of directional drilling, measurement-while-drilling (MWD) and logging-while-drilling (LWD) services for its ongoing offshore developments in the Gulf of Thailand.
[Read more]
Source: Offshore Energy Today
Posted on 3/22/2011 / 0 comments / Read More

Order value hits peak

The combined newbuilding order value for the full month of February came to $10.1bn, making record highs since September 2008 when it hit $11bn.
Korea's Daewoo Shipbuilding & Marine Engineering was awarded 10 boxships of 18,000 TEU from AP Moller Maersk, and Hyundai Samho Heavy Industries won six boxships of 8,800 TEU.
[Read More]
Source: Asiasis
Posted on 3/22/2011 / 0 comments / Read More

Jiangsu into global shipbuilding base

Jiangsu province is the number one shipbuilding base in China in terms of scale, production capacity, ship types and ship-equipment industry, etc.
[Read More]
Source: Asiasis
Posted on 3/22/2011 / 0 comments / Read More

SBM Offshore Delivers Another Industry First The COOL™ LNG Transfer System

SBM Offshore is proud to announce the industry’s first fully qualified and certified offshore LNG transfer system – the Cryogenic Offshore Offloading and Loading (COOL™) system.
[Read more]
Source: SBM Offshore
Posted on 3/22/2011 / 0 comments / Read More

DNV looks at LNG fuel in Singapore

A joint industry project on the future small scale LNG value-chain in South East Asia has identified noteworthy potential for LNG as fuel for ships in regional trade, and predicts a future market for LNG bunkering in Singapore.
[Read More]
Source: Motorship
Posted on 3/22/2011 / 0 comments / Read More

AVEVA announces contract win with Hyundai Heavy Industries

AVEVA (LSE:AVV), a announced a significant new contract win with Hyundai Heavy Industries (HHI), further increasing its investment in AVEVA solutions.
HHI has fully utilised AVEVA solutions since 1988.  It has based its engineering and design on AVEVA solutions for the production of its commercial, offshore and special ships. With increasing offshore projects, Hyundai Heavy Industries (HHI) is further expanding its usage of AVEVA's 3D design.
"We have a strong working relationship with AVEVA, as demonstrated with our past strategic partnerships.  AVEVA has helped us to continue to achieve technological innovation and become a global leader," said H.Y Kim, General Manager at HHI.
"Our relationship with HHI is an example of AVEVA's commitment and contribution to the Korean market. HHI has benefitted from higher design efficiency and improved project quality when using AVEVA solutions," added Peter Finch, President, Asia Pacific at AVEVA.
HHI has recently announced the launch of state-of-the-art drill ship ‘Deepwater Champion' and a recent order for the world's largest heavy-lift vessel.  AVEVA solutions were used in the design of ‘Deepwater Champion' and will play a major role in the new heavy-lift vessel project.
Source: Aveva
Posted on 3/22/2011 / 0 comments / Read More

Lundin Petroleum Awarded New Production Sharing Contract in Indonesia

Lundin Petroleum AB has been awarded a new production sharing contract (PSC) for the Gurita Block by MIGAS, the Indonesian oil and gas regulating authority, in Jakarta on 18 March 2011. The block is located in the Natuna Sea, offshore Indonesia.
[Read more]
Source: OilVoice
Posted on 3/22/2011 / 0 comments / Read More

Electric cargo equipment on order

Cargotec has confirmed new orders worth more than €20 million to deliver fully electric driven MacGregor cargo handling cranes, together with hatch cover design and key components.
[Read More]
Source: Motorship
Posted on 3/22/2011 / 0 comments / Read More

Foster Wheeler Bags Detailed Design Contract for Deepwater Pipelines in Gulf of Mexico

Foster Wheeler AG, announced today that its Global Engineering and Construction Group has been awarded a detail design contract by Enbridge Offshore Facilities, LLC for the deepwater Walker Ridge Gathering System (WRGS) export gas pipelines and the deepwater Big Foot (BGF) export oil pipeline located in the Walker Ridge (WR) area of the Gulf of Mexico.
[Read more]
Source: Offshore Energy Today
Posted on 3/22/2011 / 1 comments / Read More

Launch Wagenborg Barge 8

In Nanjing, China, Wagenborg Barge 8 was launched on March 13th. This barge, equipped with a pump-system, has a loading capacity of 13.000 ton and she measures 100 x 33 x 7,60 metre. Wagenborg Barge 8, the fourth barge Veka Shipyards B.V., Werkendam has delivered to Wagenborg Sleepdienst, will be put into service end of this year  
Source: Wagenborg
Posted on 3/22/2011 / 0 comments / Read More

Gazprom CEO Miller reappointed for another 5 years

The board of Russia's state-controlled Gazprom has extended the contract of its Chief Executive Officer Alexei Miller, who has headed the gas giant for almost a decade, for another five years, Gazprom said on Tuesday
[Read more]
Source: Ria Novosti
Posted on 3/22/2011 / 0 comments / Read More

W&T Offshore and Stone Energy join Helix Well Containment Group

The Helix Well Containment Group (HWCG) announces W&T Offshore, Inc. (and its wholly owned subsidiary W & T Energy VI, LLC) and Stone Energy Corporation have joined the organization, increasing its membership to 22 deepwater oil and gas operators. HWCG is a consortium of deepwater operators in the Gulf of Mexico who have come together with the common goal of quickly responding to a subsea spill to protect employees, communities and the environment.
[Read more]
Source: GCaptain
Posted on 3/22/2011 / 0 comments / Read More

Statfjord A production to stop in 2014 – Statoil

Production from the Statfjord platform A is expected to stop in 2014 and the platform to be removed, Norwegian energy company Statoil said on Tuesday. Statoil is currently reviewing operating plans for the platform.
[Read more]
Source: ISICHeren
Posted on 3/22/2011 / 0 comments / Read More

Polarcus expands 3D seismic acquisition backlog, offshore Ireland

Polarcus Limited is pleased to announce that the Company has signed a second contract with Providence Resources PLC, for a 200 square kilometer 3D seismic acquisition project in the Porcupine Basin, offshore Ireland. This new survey will commence in Q3 2011 immediately following completion of the Company's two prior 3D seismic acquisition projects offshore Ireland, previously announced by Polarcus on 07 March and 16 March 2011. This latest survey is expected to run for approximately 15 days.
Source: Polarcus
Posted on 3/22/2011 / 0 comments / Read More

Ithaca: Problems with Energy Enhancer jackup stall drilling at Jacky in the UK North Sea

Ithaca Energy Inc. has temporarily suspended drilling of the J03 well on Jacky due to mechanical issues on the Energy Enhancer jackup drilling rig. Additionally, the Beatrice Alpha workover well, A28, is now anticipated to return to stable production in early April.
[Read more]
Source: Penn Energy
Posted on 3/22/2011 / 0 comments / Read More

Maersk Oil Receives Go-ahead for Exploration Drilling in Norwegian Sea

Maersk Oil Norway AS has received consent to carry out exploration drilling of well 6406/3-9T in the Norwegian Sea using the mobile facility Transocean Winner.
[Read more]
Source: OilVoice
Posted on 3/22/2011 / 0 comments / Read More

BOEMRE approves fourth GoM drilling permit for Exxon Mobil

The Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) today approved a fourth deepwater drilling permit that complies with rigorous new safety standards implemented in the wake of the Deepwater Horizon explosion and resulting oil spill.
[Read more]
Source: GCaptain
Posted on 3/22/2011 / 0 comments / Read More

W&T Offshore Responds to Report of Oil Sheen in Gulf of Mexico

W&T Offshore, Inc. (NYSE: WTI) announced that it responded to reports of an oil sheen in the Gulf of Mexico that was said to be near a W&T operated platform in Mississippi Canyon block 243 ("Matterhorn"). Following anonsite and aerial investigation by the Company,it was determined that the source of a reported oil sheen was not the Matterhorn platform or any other nearby W&T operated facilities, asspeculatedinseveral media reports.
Source: W&T Offshore
Posted on 3/22/2011 / 0 comments / Read More

Technip awarded Subsea contract in the North Sea


Technip has been awarded by TAQA Bratani Ltd. an installation contract for the development of the Falcon field, which is located in the North Sea approximately 560 kilometers northeast of Aberdeen, in 160 meters of water.
The contract covers:
  • project management and engineering,
  • installation of a 6” production flexible flowline(1) and a 4” gas lift flexible flowline,
  • installation of a control umbilical(2) and a subsea distribution unit, both free-issued,
  • removal and replacement of a flexible riser(3),
  • trenching and backfilling of the flowlines and umbilical,
  • pre-commissioning, tie-ins and testing.
Technip’s operating center in Aberdeen, Scotland will execute the contract. The flowlines will be manufactured at the Group’s flexible pipe plant in Le Trait, France under a separate supply contract. Offshore installation, which will be carried out using Technip’s diving support vessel Orelia is scheduled to be completed in the second half of 2011.
This award is a milestone for Technip as it is the first contract awarded by TAQA Bratani.
(1) Flowline: flexible or rigid pipe laid on the seabed for the transport of production or injection fluids.
(2) Umbilical: an assembly of steel tubes which can also include electrical cables or optic fibres used to control subsea structures from a platform or a vessel.
(3) Riser: a pipe or assembly of pipes used to transfer produced fluids from the seabed to surface facilities.
Posted on 3/22/2011 / 0 comments / Read More

Guj chalks out development plan for shipyard cluster in Dahej

The government of Gujarat has prepared a development plan for building a shipyard cluster at Dahej in southern Gujarat. The government has approved a fund of Rs 500 crore to develop a marine shipbuilding park on the banks of river Narmada.
[Read More]
Source: Business Standard
Posted on 3/22/2011 / 0 comments / Read More

Hanjin Shipping to receive its first ore carrier

Hanjin Shipping announced today that it received its first ore carrier.
Named after the Brazilian port with the country’s largest iron ore export, “Hanjin Tubarao” is a Very Large Ore Carrier (VLOC) of 300,000 ton-class. The ship is under long-term contract with POSCO and will be deployed in the transportation of iron ore from Brazil to Korea.
Attending the naming ceremony held at Hyundai Heavy Industries in Ulsan, Korea, Young Min Kim, President& CEO of Hanjin Shipping commented, “We are delighted with the delivery of our first ore carrier and that we secured long-term contract with one of the world’s major clients.” He added, “It will not only contribute to improving our profitability but also be a milestone for us as we continue our efforts to develop our bulk business.”
Meanwhile, Hanjin Shipping also received its first Very Large Crude Carrier of 300,000ton-class recently.
Source: Hanjin Shipping
Posted on 3/22/2011 / 0 comments / Read More

Polarcus takes delivery of Polarcus Alima

Polarcus Limited announced that Polarcus Alima AS, a member of the Polarcus Group, took delivery on 21 March 2011 of POLARCUS ALIMA, the fifth 3D seismic vessel to date to join the Polarcus fleet. POLARCUS ALIMA is the sister ship to POLARCUS ASIMA, delivered to the Polarcus Group in August 2010. The vessel was built at Drydocks World - Dubai in the United Arab Emirates and following a short shakedown will transit to India to commence her first contract.
POLARCUS ALIMA is an ultra-modern and Arctic-ready 12 streamer 3D seismic vessel of the ULSTEIN SX134 design, with an overall length of 92m and a beam of 21m. POLARCUS ALIMA is also one of the most environmentally responsible seismic vessels in the industry, with diesel-electric propulsion, high specification catalytic convertors, a double hull, and advanced ballast water treatment / bilge water cleaning systems. The vessel carries the stringent DNV CLEAN-DESIGN class notation. POLARCUS ALIMA has a maximum speed of 15 knots and is capable of deploying 12 streamers of 9,000m length at 100m separation.
Source: Polarcus
Posted on 3/22/2011 / 0 comments / Read More

SCI takes delivery of another Aframax tanker

The Shipping Corporation of India (SCI) last week accepted delivery of m. t. Desh Samman, an Aframax crude oil tanker.
The vessel is the last in the series of 4 Aframax crude oil tankers SCI had ordered in August 2007 from Hyundai Heavy Industries Co. Ltd, Korea. The first three vessels were delivered in October 2010, January 2011 and February 2011, respectively.
[Read More]
Source: Exim News
Posted on 3/22/2011 / 0 comments / Read More

141’ Motor Yacht launched at JFA shipyard

JFA shipyard has launched the 22C, a 141’ Motor Yacht on Saturday the 19th of March 2011.
This boat is designed by Vripack in the Netherlands. The Hull and superstructure is build out of aluminium. This boat shapes and profile were developed for remote destinations, its fore deck being fully clear in order to host 2 large 5.6m tenders that could be appreciated for explorations.
[Read More]
Source: WorldSuperYacht
Posted on 3/22/2011 / 0 comments / Read More

Laser scanners ensure accuracy in shipbuilding

The surveying team at Meyer Werft, a shipbuilder based in Northern Germany, uses instruments only from Leica Geosystems to ensure high accuracy is maintained at all points of manufacture.
[Read More]
Source: Manufacturingtalk
Posted on 3/22/2011 / 0 comments / Read More

Seaspan Accepts Delivery of Fifty-Eighth Containership

Seaspan Corporation (NYSE: SSW) announced today that it accepted delivery of the COSCO Prince Rupert, an 8500 TEU containership. The new containership, which was constructed by Hyundai Heavy Industries Co., Ltd., is Seaspan's third delivery in 2011 and expands the Company's operating fleet to 58 vessels.
[Read More]
Source: Stockhouse
Posted on 3/22/2011 / 0 comments / Read More

South Korean Shipbuilders Ask Posco to Raise Output

South Korean shipbuilders have asked Posco to increase production of shipbuilding plates as a hedge against a possible shortage of materials from Japan, the companies said Tuesday.
Domestic shipbuilders along with cold-rolled steel companies last week asked Posco to produce a combined 600,000 metric tons steel products for "possible emergency needs" in the coming months, a Posco spokesman said.
[Read More]
Source: The Wall Street Journal
Posted on 3/22/2011 / 0 comments / Read More
 
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