Mar 31, 2011

India: Dahej shipbuilding complex gets the go-ahead

India: The Gujarati state government has approved the development of a new shipbuilding cluster to be located in the south of the state at Dahej. [Read More] Source: Baird Marit...
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Dutch Freighter Arklow Resolve aground near Vordingborg

A Dutch coaster has gone aground at Vordingborg. Navy Operational Command has sent an environmental ship out to damming possible contamination. This morning is a Dutch coaster aground off Vordingborg. Navy Operational Command, Fleet, arrived on the spot. [Read...
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"Sagasbank" ran aground in the Kolding Fjord

On Mar 27, 2011, at 10.18 p.m. the "Sagasbank" ran aground in the Kolding Fjord en route to Kolding. The grounding occurred with a speed of eight knots. No injuries, no oil spills reported. The patrol vessel "Rota" was sent to the grounding site, but was...
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New NK office opened in Shenzhen, China.

ClassNK established a new office in Shenzhen, China on 1st April 2011 at the following address. Address: Room No.10, 2F, Tower B, Cyber Building, No.1079, Nanhai Road, Shekou, Nanshan District, Shenzhen, P.R. China 518067 Tel: +86-755-26860732 Fax: +86-755-22714806 E-mail:...
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Shippers face radiation spot checks

Some shipping companies, already facing burdensome fuel costs, say they now must contend with radiation spot checks on ships that have visited Japan. [Read More] Source: ...
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India: Governmentt looks at checking shipping cartelisation

The government plans to put in place a mechanism for regulating the restrictive trade practices in the shipping sector, especially the ones which impact containerised trade. The enabling provision for the mechanism would be part of the proposed Shipping Trade...
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World’s Biggest Shipping Lines Say They're Still Serving Tokyo Bay Ports

The world’s biggest oil-tanker firms, dry bulk carriers and container lines are servicing Japanese ports, judging there to be no threat to vessels or crew from radiation leaking from a crippled nuclear plant. [Read More] Source: Bloomb...
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Danaos Corporation Announces Completion of Comprehensive Financing Plan

Athens, Greece - March 31, 2011. Danaos Corporation (NYSE: DAC), a leading international owner of containerships, today announced the formal completion of its previously announced Comprehensive Financing Plan, which fully funds Danaos’s current newbuilding program,...
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Dry bulk market weakens on slower demand, hopes for mid-term rebound on Japan’s reconstruction

The dry bulk market, as reflected in the Baltic Dry Index (BDI) retreated for a third day yesterday, after staying flat on Monday, to end at 1,530 points, down by 0.97 percent. The main losing segment was the Panamax one with falls of 2.28 percent,while the Capesize...
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Japan Reconstruction May Boost Dry-Bulk Shipping Cargos, Ease Overcapacity

Reconstruction in Japan following a tsunami and earthquake that destroyed or damaged more than 150,000 buildings may boost volumes for dry-bulk shipping lines struggling with global overcapacity. [Read More] Source: Bloomb...
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Petrofac Awarded Shell Contract in Iraq

Petrofac, the international oil & gas facilities service provider, can confirm it has been awarded a contract, in excess of US$240 million by Shell Iraq Petroleum Development B.V. for developments in the Majnoon Field, Southern Iraq. Under the competitively...
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Oleg Strashnov delivered to Seaway

Today, Thursday March 31st 2011, Seaway Heavy Lifting took delivery of their new build DP3 crane vessel Oleg Strashnov. During the last two weeks, the sea trials and test lifts were successfully completed. DNV witnessed the 5,500 mt overload test. Earlier this...
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Drillsearch: PEL 91 Drilling Program Set to Commence

Drillsearch Energy Limited (ASX: DLS) is pleased to announce that the PEL 91 Joint Venture (Beach Energy 40% and operator / Drillsearch 60%) is mobilising the Ensign #18 drilling rig to the Hanson-1 drilling location. The rig is expected to arrive by the end of...
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Dutch arbitrators rule for Fairmount

The Netherlands Arbitration Institute (NAI) has ruled in favour of offshore contractor Fairmount Marine in a contract dispute with heavy transport company Fairstar. The arbitration board rejected Fairstar’s 2008 claim that Fairmount Marine was responsible for...
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CALL TO ARMS AGAINST LEAKS AND WELL INCIDENTS

The Petroleum Safety Authority Norway (PSA) has asked the industry to propose specific measures for reducing the number of hydrocarbon leaks and well control incidents on the Norwegian continental shelf. A very positive trend in the number of hydrocarbon leaks larger than 0.1 kilograms per second was...
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BP extends maintenance and modifications contract with Aker Solutions

BP has decided to extend the maintenance and modification contract with Aker Solutions, exercising a one year option in the existing agreement for the Ula, Valhall, Hod and Tambar fields. Work under the new option will last until April 2012. The contract value...
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First Chinese orders received for Unitor Ballast Water Treatment Systems

Wilhelmsen Technical Solutions has received orders for five Unitor Ballast Water Treatment Systems (Unitor BWTS) from Chinese yards. Three systems are to be installed on general purpose cargo vessels built at Baibuting Shipbuilding Co. Shandong. The remaining...
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Northrop Grumman Completes Spin-Off of Huntington Ingalls Industries, Inc.

Northrop Grumman Corporation (NYSE:NOC) today announced that it has completed the previously announced spin-off of its subsidiary Huntington Ingalls Industries, Inc. (NYSE:HII). Northrop Grumman stockholders of record at the close of business of the New York Stock...
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SUBSEA 7 ANNOUNCES CONTRACT FOR E.ON IN NORTH SEA

Subsea 7, a global leader in seabed-to-surface engineering, construction and services, today announces the award of an engineering and installation contract by E.ON Ruhrgas UK E&P for the Huntington Development in the North Sea. The Subsea 7 workscope comprises...
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Helix Well Containment Group to Significantly Expand Deepwater Capabilities

The Helix Well Containment Group (HWCG) announced today it will substantially increase its subsea well containment capabilities this year by expanding its ability to control and contain a release in water depths up to 10,000 feet. HWCG is a consortium of 22...
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TGS Commences Extensive 2D Reprocessing Project in Northern Makassar Strait, Indonesia

PERTH, AUSTRALIA (31 March 2011) – TGS has commenced an extensive multi-phase reprocessing program of 2D seismic data located in the Makassar Strait, Indonesia.   The first phase consists of 2,700 km of seismic data in the Northern Mahakam Delta. The...
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TransAtlantic signs contract for AHT/Icebreaker Balder Viking

TransAtlantic has signed a contract with the English company Capricorn Energy Ltd, for the AHTS/Icebreaker Balder Viking. Capricorn is a wholly owned subsidiary of the British oil company Cairn Energy UK PLC based in Edinburgh. The AHTS/Icebreaker Balder Viking...
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Statoil: Further maturing the new rig concept

Statoil has decided to allow more time for the tenderers to mature their respective category B rig concepts, which includes an extended front end engineering and design (FEED) phase. The planned award date is set for the fourth quarter of 2011.Statoil has...
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NOCC: NEWBUILDING CONTRACT FOR A 6,500 CEU CAR CARRIER

Norwegian Car Carriers ASA has entered into a shipbuilding contract with Hyundai Heavy Industries Co., Ltd. ('HHI') for the construction of a large car carrier with a capacity of about 6,500 CEU for delivery in August 2012. The project price including costs related...
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Otto Marine secures US$43.4 million sales order for two 8,000bhp AHTS

Otto Marine Limited, a leading offshore marine company which specializes in building complex offshore support vessels, ship chartering and offers specialized offshore services, announce that its shipbuilding arm and wholly-owned subsidiary, Otto Offshore Limited...
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STX OSV SECURES CONTRACT FOR A PLATFORM SUPPLY VESSEL

STX OSV Holdings Limited, one of the major global designers and shipbuilders of offshore and specialized vessels, announce that it has secured a new contract for the design and construction of a Platform Supply Vessel for an undisclosed customer. The vessel will...
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