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FOREST OIL

Coalition Seeks to Block Alaska Oil, Gas Permit

A coalition of Native tribal governments, commercial fisherman and environmentalists has filed an administrative appeal to block a wastewater discharge permit for oil and gas operators in southern Alaska's Cook Inlet, Reuters reported. The appeal, filed in the Ninth Circuit Court of Appeals, challenges a general permit issued by the Environmental Protection Agency that allows established oil and gas production facilities to discharge wastes directly into the inlet's marine waters. The new permit, scheduled to go into effect on July 2, covers 16 offshore oil and gas platforms and three onshore facilities in Cook Inlet, said Dianne Soderlund, communications coordinator for EPA's Alaska oil and gas section. It will also cover any exploration, development and production facilities that are erected in the inlet in the next five years. Companies with oil and gas produced from platforms covered by the new wastewater permit are Chevron, Marathon Oil, Unocal, Forest Oil and XTO Energy, according to state reports. Source: Reuters


ENSCO Jackup Rig Damaged in Gas Blowout, Fire

ENSCO International Incorporated and Forest Oil Corporation reported that one of ENSCO’s jackup rigs sustained extensive damage while operating in the Gulf of Mexico. ENSCO 51 was on location in Eugene Island Block 273 drilling a development well over a platform (the “A” platform) for its customer, Forest, the operator of the block. Eugene Island Block 273 is located approximately 75 miles offshore. Shortly after midnight on Thursday, March 1


Forest Promoted to Senior VP at Matson

Ronald J. Forest has been promoted to senior vice president of Matson Navigation Company, Inc. (Matson). The appointment was approved yesterday by the company’s Board of Directors and announced by Matson President and CEO James S. Andrasick. Forest’s career in the industry spans 25 years and has included eight years with Matson, eight years with APL and nine years with United States Lines. His Matson career began in 1995 as operations manager, Southern California


Gorthon Lines sells Forest Product Carrier

Gorthon Shipping International Bermuda, a wholly-owned subsidiary of Gorthon Lines AB, has sold the forest product carrier Humber Arm on private terms, after a crankshaft breakdown in the main engine. The vessel was built by Schichau Unterweser AG in 1976 and has a DWT of 7650 mton. The vessel was delivered to the new owners on July 6, 2004. For further information please contact CEO Lars Petersson, phn +46-42 172700.


Panama Canal Emission Reduction Plan

The Panama Canal Authority (ACP) to implement plan for reducing carbon emissions in the Canal Watershed ACP has signed a Technical Cooperation Agreement with the National Environmental Authority (ANAM) and the German Agency for International Cooperation to apply mechanisms that will reduce emissions in the Canal Watershed. The agreement aims to establish the terms and conditions for the design and implementation of a pilot program in the Panama Canal Watershed


San Francisco Wooden Wall Tall Ship Eco-friendly

The Brigantine: Image courtesy of Educational Tall Ship Organization

A US$5-million historic sailing brigantine currently under construction in Sausalito has officially entered the process of earning Forest Stewardship Council (FSC®) project certification. The certification will indicate that the brigantine will be constructed from timber produced with responsible forestry practices. The nonprofit group behind the project, Educational Tall Ship for San Francisco Bay, selected Emeryville-based SCS Global Services (SCS), a leading FSC certifier worldwide


Finnlines Buys 16.6% Of Transfennica

Finnlines said it had bought forest industry group Stora Enso's 16.6 percent stake in shipping company Transfennica for an undisclosed sum. Finnlines said it and its subsidiaries at the same time had made a long-term cooperation agreement with Stora Enso on the transportation of its paper products from Finland to the rest of Europe. Transfennica is a shipping company owned by the Finnish paper industry and operates some 20 RoRo vessels, it said


Supreme Court Finalizes Decision on Marine Submerged Lands

The U.S. Supreme Court issued a final decree regarding Alaska's assertion of ownership of certain marine submerged lands in the southeast portion of the state. The court finalized its earlier ruling that the federal government retained ownership of those portions of the Alexander Archipelago more than three geographical (nautical) miles from shore because those waters do not constitute historic inland waters. The federal government retained ownership of those portions of North Bay


SSA Appeals to Indonesia to Stop Forest Fires

Grave concerns on safe navigation through Straits of Malacca and Singapore. The Malacca and Singapore Straits is a strategic gateway in world trade and one of the world’s busiest waterways. On any given day, over 140 ships – such very large oil tankers, container ships, bulk carriers and cruise liners, ply through the Straits; not forgetting the smaller crafts like passenger ferries, tugs and barges making frequent cross-Straits voyages in the littoral states of Singapore


Tropical Forests Destruction in S. America is Sin of Modern Times - Pope

 Pope Francis

  Pope Francisco called for more respect for nature on Saturday, calling the destruction of tropical forests in South America and other forms of environmental exploitation as sins of modern times. In a speech at the University of Molise, an agricultural and industrial region in southern Italy, Francisco said he should be allowed to offer off the Earth without being exploited. "This is one of the greatest challenges of our time: go to a type of development that respects creation


US Oil Drillers Add Rigs for 11th Week in 12

U.S. drillers this week added oil rigs for an 11th week in the past 12, according to a closely followed report on Friday, although the rate of increases has slowed as crude prices remain below the key $50 a barrel level that spurs a return to the well pad.  


Maersk to Split Into Two Divisions

Photo: Maersk Line

 It's oficial now. Danish conglomerate A.P. Moeller-Maersk A/S said Thursday it is splitting into two separate units - transport and energy businesses.   Denmark’s biggest company moves ahead with an historic shake-up of the conglomerate to generate growth


Shipping Partnerships Create Economic Opportunity in Everett

Courtesy Port of Everett

Every month Eastern Car Liner (ECL) loads aerospace containers for transport back to Japan to be reloaded with new airplane parts. Typically, this is the only cargo loaded on this vessel at the Port of Everett – until recently.  


Fitch: Maersk Gets Little Solace from Sectoral Diversification

Photo: Maersk Line

 The decision by A.P. Moeller-Maersk A/S to split into two separate divisions - Transport & Logistics and Energy - reflects the challenging fundamentals in the sectors in which it operates, and diminishing counter-cyclical benefits of operating in them in the current economic cycle


NParks, Keppel in S$2.08 mln Partnership for Restoring Singapore Forest Wetlands

Singapore Botanic Gardens

The National Parks Board (NParks) and Keppel Corporation today unveiled plans for a partnership to restore the freshwater forest wetland ecosystem historically found in the vicinity of the Singapore Botanic Gardens. Located in the upcoming Learning Forest extension, the restored 1


Veg Oils Can Benefit Tankers

Graph by Clarksons Research

 A number of product tankers, with certain characteristics, can carry edible oils (also called veg oils) as well as oil products, meaning that veg oil trade should not be overlooked when considering potential sources of product tanker demand, reveals a report by Clarksons Research.  


Brazil May Open Petrobras Subsalt Area to Other Companies

Brazil may allow companies besides Petrobras to bid for the right to produce extra oil from areas it sold to the state-led oil company in 2010, the head of the exploration and production policy at the energy ministry, Jose Botelho, said on Wednesday.  


Challenges in Brazil Could Benefit Tanker Markets

Graph:  Poten & Partners

 Brazil stays in the spotlight - Tanker Research & Consulting department at Poten & Partners takes a look at the tanker market in the country.   The Rio Olympics were successfully concluded on August 21. Ten days later, on Wednesday, August 31


2016 VLCC Earnings Will Surpass 2014 -BIMCO

Graph source: BIMCO

 Lower growth rates for refinery throughput and drawdowns on swollen oil stocks has impacted the seaborne tanker market negatively. BIMCO expected this to happen.   BIMCO has reduced its forecast for crude oil tanker demolition in 2016: from 5 million DWT to 3 million DWT


MN100: Elastec

(Photo: Elastec)

The Company: Located in Carmi and Fairfield, Illinois and Cocoa, Florida, Elastec manufactures water pollution control products specializing in oil spill recovery equipment. Established in 1990 with the invention of the ELASTEC Drum Skimmer, the U.S


Investment Cuts Slow Rebound for Offshore Oil Services -Bourbon

Photo: Bourbon

French oil services company Bourbon said on Thursday that any rebound in oil and gas prices will take a while to reach companies in the offshore marine sector because of deep cuts in investments during the prolonged oil downturn.   Bourbon


New Cylinder Lubricant: Shell Alexia 140

Shell Marine has shared an insight into the approach driving its work to protect modern ultra-efficient diesel engines against cold corrosion while still optimizing cylinder oil feed rates, across the entire range of vessel operating conditions.     


Russia to Halt Oil Products Export via Foreign Baltic Ports

Russia plans to fully halt exports of oil products from other than Russian ports on the Baltic Sea by 2018, the head of oil pipeline monopoly Nikolai Tokarev told President Vladimir Putin on Monday.   Russia will increase the shipments via its own ports instead, Tokarev said


Maersk Sells North Sea Stakes to RockRose

Photo: Maersk Oil

Maersk Oil, a unit of Danish conglomerate A.P. Moller-Maersk, has agreed to sell stakes in three North Sea fields to RockRose Energy, the latest new entrant into the ageing basin.   RockRose suspended trading on Wednesday before announcing it has agreed non-binding headline terms and a


Breakbulk and Bulk Cargo Terminal at Port of Prince Rupert?

South Kaien Island-Prince Rupert Port

The Port of Prince Rupert today announced it has signed a feasibility assessment agreement with SSA Marine and its wholly-owned subsidiary Western Stevedoring to explore the viability of a breakbulk and bulk import/export terminal located on Kaien Island at the Port of Prince Rupert.






 
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