Gulf Energy Maritime has taken delivery of the second of 13 double-hulled tankers on order with Korea’s Hyundai Mipo Dockyard (HMD) in less than three months. The $57m Gulf Elan is the eighth double-hulled tanker in GEM’s growing fleet. The company is to receive another 11 of the total order book of 13 ships valued at $590 million by 2009 end. The ship was named by lady sponsor Jane Slemeck, wife of Mark Slemeck, managing director of Kingfish Services Ltd., London-based operators for IPC/Itochu Petroleum which has time chartered the ship for one year. Gulf Elan will follow the trading path of its sister ship, Gulf Esprit, delivered to GEM last November, by going into time charter with Oman Methanol Company, a subsidiary of Oman’s giant Omzest Group, on a 15-year deal. In response to global demand for methanol carriers, GEM in a 75-25 percent partnership with WAROZ Holding Company Limited, an OMZEST subsidiary, had specially ordered the two IMO-III, N2 type 47,000 dwt ships to supply product transportation for its $400m Sohar methanol plant.
Harvey Gulf signs contracts to buld two additonal U.S. flag LNG-powerd vessels. Harvey Gulf International Marine ordered two additional 302’ X 64’, Dual Fuel Offshore Supply Vessels, bringing its total order to four. The contract signed today with Trinity Offshore is a follow on to the first two vessel order placed in October of 2011. Trinity will build all four vessels at their Gulfport
According to The Post Gazette, jack-up and deep-water rigs are leaving the Gulf of Mexico for more lucrative jobs elsewhere. This is expected to accelerate production declines in the Gulf, putting upward pressure on domestic energy prices. The rig exodus is squeezing what was an already tight market for drilling equipment. In 2001, about 148 rigs were in the Gulf. Now, about 90 remain, and more are expected to leave soon.
Fog, which has shrouded parts of the U.S. Gulf of Mexico coast in recent weeks, could remain an intermittent threat to shipping and crude oil imports through April, according to a government meteorologist. In February, March and April sea fogs can form quickly along the Gulf coast as warm moist air heading in from the Gulf hits cooler coastal waters, causing the moisture to condense. “All of a sudden it’s like you drive into a brick wall and the visibility goes down to a sixteenth of a
Mediterranean Shipping Company announced a General Rate Increase that will affect westbound freight moving from the USA to Asia effective January 1, 2010. All commodities including exempt (exception reefer) US west coast port/port : $200/40 ft and $150/20 ft Originating from intermodal points & moving through/via US west coast ports: $200/40 ft and $150/20 ft US east coast and gulf port/port: $200/40 ft and $150/20 ft
Harvey Gulf International Marine CEO, Shane Guidry, announced that Harvey Gulf has secured plans to construct and operate the first LNG marine fueling facility in the United States, to be located at its vessel facility in Port Fourchon, La. The fueling facility will be a vital addition to the growing national LNG supply infrastructure, supporting critical operations of the oil and gas industry’s offshore support vessel fleet operating on clean burning LNG.
Oil and natural gas production levels and the number of workers on offshore rigs and production facilities were close to or at normal levels today as offshore operations resumed after the threat of Tropical Depression No. 10 passed late last week. Workers remained evacuated from three production platforms, or 0.4 percent of the 834 manned platforms in the U.S. Gulf. All personnel evacuated from rigs have been redeployed to the 89 rigs operating in the Gulf. Approximately 19.3 percent of U.S
A new study released today by the National Ocean Industries Association (NOIA) and the American Petroleum Institute (API) shows the important nationwide jobs and economic impact of the Gulf of Mexico offshore oil and gas industry and reveals the effect of permitting on those figures. According to the study conducted by Quest Offshore Inc., the Gulf offshore oil and gas industry supported more than 240,000 jobs across the country while contributing more than $26 billion to the
NATO Shipping Centre promulgates its latest weekly piracy assessment for the 'High Risk Area' During the reporting period 7 – 13, June 2012, the number of piracy incidents in the High Risk Area (HRA) has remained low, with no incidents reported. Due to the South-West monsoon between June and September, sea conditions in the HRA are expected to be generally unfavourable for small boats. Pirate Activity Groups (PAG) will likely continue to focus their limited efforts in the Northern
Gulf Coast Shipyard Group, Inc.—a manufacturer of a variety of ocean-going and inland marine vessels for commercial and military markets as well as the Trinity Yachts brand— has announced its expansion by signing a three-year lease with one-year options with the Port of Gulfport. Specifically, Gulf Coast Shipyard Group will use 400 linear feet of dock space on the Port’s East Pier and 15,000 square feet of warehouse space to outfit the dual fuel liquefied natural
Abu Dhabi Ship Building Company will deliver three Baynunah warships to the United Arab Emirates Navy by 2016 and is in discussions with other buyers to sell more, its chief executive said on Monday. "There are discussions with some of the Gulf Cooperation Council countries as well as
U.S. shellfish producers in the Northeast and the Gulf of Mexico will be most vulnerable to an acidification of the oceans linked to climate change that makes it harder for clams and oysters to build shells, a study said on Monday. The report said the two regions would be more at risk in coming
Iran's elite Revolutionary Guards staged war games in the Strait of Hormuz on Wednesday, including a gunboat attack on a model U.S. warship, in Tehran's latest display of military muscle in a Gulf shipping channel vital to world oil exports.
The Shipping Corporation of India’s (SCI) Worldwide Agents Meet 2015 was this year held in the Auditorium of it's Maritime Training Institute at Powai. The meet was attended by about 102 delegates from various agency houses representing Far East, Indian Subcontinent
Iranian President Hassan Rouhani vowed to collaborate more closely with India on the strategic Chabahar port development. Rouhani made the pledge when India's National Security Advisor Ajit Doval called on him in Tehran. The implementation of Chabahar-Zahedan Railway project and
World’s largest carriers part of 2M Alliance offering two weekly services from New Orleans Maersk Kotka called the Napoleon Avenue Container Terminal on February 9, signalling Maersk Line’s return of vessel service to the Port of New Orleans
E.ON has struck a deal with Japanese shipping group Mitsui OSK Lines LTD (MOL) to transport liquefied natural gas from the United States, the German utility said in a statement on Thursday. Running over 20 years, the shipping agreement includes capacity of up to two LNG vessels transporting
German energy company E.ON signed a 20-year deal with Gulf South Pipeline Co for shipment of natural gas for a planned export facility in Texas. According to the deal, EGC, the trading arm of E.ON will be the shipper of liquefied natural gas (LNG) at the planned Coastal Bend Header
Harvey Gulf International Marine LLC has received the first ABS Classification Certificate and the first USCG Certificate of Inspection for a vessel powered by LNG. The M/V Harvey Energy is the first LNG powered vessel in service in North America
Harvey Gulf International Marine LLC made maritime history in North America last week by being not only the first owner/operator of a dual fuel offshore support vessel to bunker LNG as a marine fuel but to also successfully complete the first truck to vessel transfer of LNG and to power
Offshore survey company Fugro Chance Inc. has appointed Blaine Thibodeaux to president. His responsibilities include Fugro’s Gulf of Mexico and Arctic offshore operations, including marine positioning, offshore construction and subsea projects, and international services.
Japan and the European Union are strengthening antipiracy cooperation in the Gulf of Aden off Somalia, helping an international mission to reduce the number of attacks by pirates on commercial vessels to just two in 2014 from 174 in 2011, Japan’s Jiji Press news agency reported.
A U.S. judge on Thursday rejected BP Plc's attempt to reduce the maximum civil fine it could face for its role in the 2010 Gulf of Mexico oil spill, leaving it potentially liable to pay $13.7 billion under the federal Clean Water Act. U.S
Turkish parliament’s approval to extend the mandate of Turkish Naval Forces in NATO's operation in the Gulf of Aden for one more year is strategically important, says a report in the Journal of Turkish Weekly. The region is critical for Turkey's foreign trade activities.
Shipping corridors used by Gulf energy exporters are not at risk from violence and political volatility in Yemen and the seizure of swathes of territory in the region by Islamic State militants, a senior U.S. naval officer said on Monday.