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BLUE WATER

Sunken Treasure Hunter Merges Businesses

Underwater searchers for treasure, Blue Water Ventures International, Inc., combines with SmartPay Express, Inc. As a result of these transactions, Blue Water Ventures will now be in the business of searching for and recovering historical cultural artifacts, intrinsically valuable cargo and treasure from shipwrecks, primarily in shallow water in the Caribbean and off the coasts of Florida, the business engaged in by Blue Water since 2005. SmartPay Express, Inc.,has changed its name to Blue Water Ventures International, Inc. (the "Company") in anticipation of the exchange of 18,136,500 shares of its common stock for the assets of Blue Water Ventures International, Inc. ("Blue Water).  The transaction, closed on June 15, 2012, and on the same day, in a separate and unrelated transaction, the Company also disposed of its smart card business in the People's Republic of China in exchange for the unrelated purchaser's assuming the Company's liabilities relating to that business. Also as a result of these transactions, Blue Water now holds 18,136,500 shares of the Company's common stock, or approximately 93.3% of the Company's 19,428,666 issued and outstanding shares of common stock, which it anticipates distributing to its shareholders pro rata. W. Keith Webb, the founder and President and Chief Executive Officer of Blue Water, was the beneficial owner of more than a majority of Blue Water's issued and outstanding shares of common stock and


DONG Energy Expands in the Port of Esbjerg

From Left Dann Lockdahl, DONG Energy Offshore Base Manager and Allan Junge, Financial Director of Blue Water Shipping.

  The positive development within the offshore industry has made its impact on DONG Energy, which is a significant player in the market. The increased activity has made it necessary to extend the company's office and storage facilities in the Port of Esbjerg. Therefore, DONG Energy has entered into an agreement with Blue Water Shipping to expand the two companies' existing lease agreement.   Blue Water Shipping will invest around DKK 55 million in the renovation and rebuilding to


Industry Event to Explore e-Navigation

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e-Navigation and the Gulf Area: Meeting Information Needs Where Blue Water, Brown Water and Port Facilities Intersect   An event examining the role, development and trends in maritime e-Navigation is scheduled for October 17-19, 2016 at the San Jacinto College Maritime Campus in La Porte, Texas.   Hosted by San Jacinto College and Seamen’s Church Institute, and organized by the Danish Maritime Authority and the International Association of Marine Aids to Navigation and


Teekay Saves Fuel with Cargo Heating Management

Two years after Teekay entered into a contract with Blue Water to provide cargo heating management services onboard its vessels in, its fleet has registered fuel savings in excess of 25% on an average from over 225 voyages. The cargo heating management services were deployed onboard its vessels as part of Teekay’s efforts towards fuel savings and operational optimization. The service was conceptualized by the India-based marine consultancy firm, Blue Water Trade Winds Pvt. Ltd


XL Group’s Marine Unit Expands Hull Insurance Resources

XL Group plc’s (NYSE: XL) North American Marine business expands its blue water hull risk management capabilities in New York with the addition of Siobhan Coen and Jeff Loechner as senior underwriters and Eileen Fellin as a senior claims consultant.   According to Rich DeSimone, President of XL Group’s North America Marine business, “Siobhan, Jeff and Eileen collectively add nearly six decades of hull underwriting, particularly in blue water hull coverages


Not 'Divers Abandon Boat', But 'Thai Boat Abandons Divers'

Image courtesy of ThaiVisa

An East Valley couple vacationing to celebrate their first anniversary found themselves abandoned in the ocean, after a dive trip went wrong off the coast of Thailand, reports KHOU.com, Houston, Texas. Lexa and Jake Mendenhall recently became certified scuba divers, and were looking forward to their first real dives in the blue waters off Thailand.

They made two one-hour dives, and all was well until they surfaced.  Their boat was gone.


XL Appoints Regional Vice President in New York

XL Group added marine underwriting expertise with the addition of John E. Ellis as Regional Vice President in its North America Marine business in New York. In his new role at XL Group, John will be responsible for managing and building XL Group’s Marine Cargo, Primary and Excess Marine Liability, Inland Marine, and Blue Water and Brown Water Hull business throughout the Northeast. John joins XL Group from International Marine Underwriters/One Beacon where he held the position of


FLIR Introduces MU-Series Thermal Imaging Technology

Photo: FLIR

FLIR Systems, introduces the MU-Series, a thermal night vision system. The multi-sensor payload comes with a cooled midwave infrared, high-resolution 640 x 512 thermal camera and a high-resolution color camera.Other options include a low-light black and white camera to help with low-light situational awareness and a wide field of view uncooled longwave infrared, high-resolution 640 x 480 thermal camera to maximize MU-Series’ spectral range.


Two VARD Module Carrier for Topaz Energy and Marine

Module Carrier Vessel for Topaz Energy and Marine Photo VARD

 Vard Holdings Limited has secured a contract for the design and construction of two additional Module Carrier Vessels for Topaz Energy and Marine (“Topaz”). The vessels, of VARD 9 21 design and measuring 123 by 16.5 meters, are sister ships of a series of 15 identical Module Carrier Vessels previously contracted by Topaz for delivery from VARD’s shipyards in Tulcea and Braila in Romania, and Vung Tau in Vietnam


Bollinger Repowers, Modifies 40-Year-Old Tug

Bollinger recently gave new life to an old boat, the 150-ft. Guardian, originally named Gale B., which was built by Southern Shipyard in 1963. It was owned by Midland Enterprises and was part of a tug/barge unit with the hopper barge Martha B. Midland sold the barge to Moran about three years ago and the tug was on the market when it was acquired by Velvet Maritime, LLC. "It was in good shape with a good purchase price," said Andre Ledoux, president of Velvet Maritime


ABS' Howard Fireman Weighs in on the US Brown Water Sector

Howard Fireman (Photo: ABS)

Howard Fireman, Senior Vice President and Chief Technology Officer, joined the American Bureau of Shipping (ABS) in 2013. Fireman is responsible for leveraging the latest advancements in technology to drive the development of innovative products and services that promote safety and improve the


Poseidon Meets Substantial Water Needs

Photo: FCI Watermakers

Large offshore vessels and drilling platforms have atypical water demands. Daily personal use often pales in comparison to shipboard and production operation needs. FCI Watermakers' high-output Poseidon+ produces 54–103m3/14,265–27,210 gallons of fresh, pure water per day.  


Arctic Ice Sets New Record Low for Winter

Photo: NOAA

The extent of sea ice in the Arctic Ocean has set a new record low for the wintertime in a region strongly affected by long-term trends of global warming, U.S. and European scientists said on Wednesday.   Sea ice around the North Pole expands to its biggest extent of the year in February or


Offshore Innovation: A Real ‘Riverboat’

Image: Vard

Central Asia is a booming oil region not far from the Persian Gulf. Energy companies ply the big lake to rack up staggering barrel counts at elephantine oilfields with names like Tengiz (Kazakhstan) or Kashagan (Azerbaijan). Painstaking, oil-fueled nation-building is underway across an oil province


Wary of Trump unpredictability, China ramps up naval abilities

(The Chinese Navy destroyer Qingdao (DDG 113) transits the San Diego Harbor as it prepares to moor at Naval Station San Diego. Qingdao along with the Chinese oiler Hongzehu are currently visiting San Diego as part of a goodwill tour. U.S. Navy photo by Mass Communication Specialist 3rd Class Marc Rockwell-Pate (RELEASED)

* China navy beneficiary of signficant spending in recent years * China still lags U.S. but building towards blue water navy * PLA Navy more visible in South and East China Seas, Indian Ocean By Ben Blanchard and Michael Martina BEIJING


Blue Water Ventures JV with Under Marine Group

Blue Water Ventures International, Inc. Announces the Creation of Blue Water Treasures, Inc. Photo: Blue Water Ventures International

 Blue Water Ventures International, a historic shipwreck research and recovery company, has entered an agreement with Under Marine Group to joint venture on future deep water wreck sites located in and around the waters of Great Britain and the Caribbean.   


Renewal Time for CLC, Bunker, Athens and WRC Certificates

Photo: Danish Maritime Authority

 Time has come for most shipowners to apply for renewal of their CLC, Bunker, Athens and Wreck Removal Certificates from the Danish Maritime Authority. Certificates must be renewed when the underlying insurance expires.   Ships subject to a requirement for a certificate are not allowed


Blue Denmark in Need of New Competences

Courtesy Danish Maritime Authority

 New technological developments and increasing competition from other countries may change future requirements for the education and competences demanded from Blue Denmark. This is shown in a new longitudinal study. Today, the Danish Maritime Authority – in cooperation with the Danish


NuBlu: LNG Fueling Station in the GOM

 NuBlu Energy Begins Construction of LNG Plant in Port Allen, LA Facility to supply LNG and all support services to customers in the Southern/Gulf region   NuBlu Energy has begun the construction of a natural gas liquefaction plant in Port Allen, LA


Naval War College Professors Testify on State of South China Sea

Subi Reef (Photo: CSIS Asia Maritime Transparency Initiative/DigitalGlobe)

The House Armed Services Committee (HASC) invited two U.S. Naval War College (NWC) faculty members to testify in Washington, D.C. on understanding and countering China's growing maritime concerns.   Andrew Erickson, professor of strategy in the China Maritime Studies Institute (CMSI)


Sustainable (R)Evolution: A Multipurpose Maritime Education Fleet

Photo: Jen Berghuis

Industry Stakeholder Chad Fuhrmann presents ‘an unprecedented opportunity’ as well as a viable option when it comes to finding replacement training vessels for future maritime officers …   Efforts have been underway since 2014 to procure government funding for new


Topaz Secures Tengiz Oilfield Contracts

Offshore support vessel company Topaz Energy and Marine has been appointed the technical managers of three vessels by a consortium comprising Blue Water Shipping A/S and Kazmortransflot (KMTF), in connection with the TCO developed Tengiz oil field in Kazakhstan.  


Topaz Secures Kazakhstan Contracts

Photo TOPAZ

Topaz Energy and Marine said it has secured contracts in connection with the development of the Tengiz oilfield in Kazakhstan during 2016. The two contract wins announced in the second and third quarter together represent revenue of more than $500 million


New Vessel Aims to Transform the Fishing Industry

Photo: Blue North

Seattle-based company Blue North has christened F/V Blue North, a state-of-the-art vessel designed to transform the fishing industry by improving conditions for workers, reducing environmental impact and harvesting seafood more humanely.  


e-Navigation Underway (North America) 2016

San Jacinto College campus

e-Navigation and the Gulf Area: meeting information needs where blue water, brown water and port facilities interact   San Jacinto College and the Seamen’s Church Institute will host e-Navigation Underway (North America) 2016, the third in the annual North American series of






 
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