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Red Tape, Industrial Relations Could Stifle LNG Potential

Woodside LNG tanker Photo APPEA

  Australia could develop the world’s most technologically advanced LNG industry, according to a report by Accenture. But if industry is to reach its potential and maximise its contribution to the national economy, it must first overcome some significant hurdles. The report — Ready or not? Creating a world-leading oil and gas industry in Australia — found that the Australian LNG industry must improve its international competitiveness, and governments must remove regulatory constraints and make the workplace relations system more flexible. With seven new projects entering production between 2015 and 2018, Australia’s LNG production is set to rise more than 90 per cent over the next five years and the LNG industry is tipped to contribute $55 billion to GDP by 2020, Accenture said. “The speed, scale and scope of the transition is unprecedented,” Accenture’s energy industry group Asia Pacific managing director Bernadette Cullinane said. “The industry must be ready to support and maintain safe, efficient and reliable operations for the next 40 years. “Greater industry and regulatory collaboration, accelerated workforce retraining and further investment in digital and automation will be required. “If operators, the service sector and government can work together to get the transition right


California: A Strong Shipbuilding State

General Dynamics NASSCO christened and launched tanker Constitution on Saturday, August 27, 2016 (Photo: General Dynamics NASSCO)

Fifth in the nation for direct employment, California shipbuilding and repair industry supports nearly 35,000 jobs; Maritime Administrator highlights economic importance of shipyard industry for California while on tour at NASSCO  Shipbuilders Council of America (SCA) member General Dynamics NASSCO hosted U.S. Maritime Administrator Paul “Chip” Jaenichen for a tour of the San Diego shipyard, where SEACOR Constitution – a 610-foot tank ship launched this weekend.


Sustainable Ocean Summit, Belfast, Ireland

Senior representatives from a wide range of industries that use ocean space and resources will come together to discuss sustainability issues that face the ocean business community in a summit in June. The Sustainable Ocean Summit is an international cross sectoral business conference on ocean stewardship.  The conference, organized by the World Ocean Council in association with Golder Associates is being held in Belfast


World Petroleum Congress Poll on Energy Careers

Pekka Paasivaara, Member of the GL Executive Board

Delegates at the World Petroleum Congress believe the oil and gas industry is not doing enough to encourage future generations to join the sector, according to research from GL Noble Denton.   Oil and gas industry professionals believe that the sector needs to work harder to encourage future generations to choose a career in energy, according to a poll conducted yesterday at the World Petroleum Congress in Doha


Yachting Industry Future Debated at Monaco Yacht Show

Marine Industries Association of South Florida hosts Monaco discussions with international grouping on the future of the yachting industry. The Marine Industries Association of South Florida (MIASF) recently played host to twenty-six industry notables representing twelve industry associations interested in promoting professionalism within the yachting industry. The invite only luncheon, held at the Monaco Yacht Club


WOW Moves to California Maritime Academy

The second annual Women on the Water conference will be held on November 6 – 8, 2008 at the California Maritime Academy, Vallejo, Calif. Originally scheduled to be held in Galveston, Texas, the conference was relocated to California due to the extensive damage Galveston Island sustained during Hurricane Ike. The conference will bring together midshipmen with some of the most successful women in the maritime industry to discuss current issues affecting women and the maritime industry


New DPO Certification Authority Announced

OSVDPA seeks to start training and certifying DPOs by the end of this year. A new organization, the Offshore Service Vessel Dynamic Positioning Authority, Inc. (OSVDPA), held its first board meeting Thursday, March 12, charting the course toward a new dynamic positioning operator (DPO) certificate specially designed for the offshore service vessel industry.   Incorporated as a non-profit, the OSVDPA is seeking to improve the safety of the maritime industry by improving the quality


GL Noble Denton Commissions Report on Outlook for Oil and Gas 2012

Pekka Paasivaara, Member of the GL Group Executive Board

GL Noble Denton commissions new Economist Intelligence Unit report on the outlook for the oil and gas industry in 2012. • Delegates at Offshore Europe 2011 and professionals from across the industry are invited to have their say on the future of the sector • Senior industry figures to participate in report research, which will be published in January 2012 GL Noble Denton, the independent technical advisor to the oil and gas industry


SSI's Roadmap To 'Sustainable Shipping Industry By 2040'

SSI Logo

SSI members and key industry stakeholders work together to define tangible milestones across all areas of sustainability that must be collectively delivered by the industry to meet the SSI’s 2040 Vision   London – 7 March 2016 - The Sustainable Shipping Initiative (“SSI”), a pioneering coalition of companies from across the global shipping industry, today launched its Roadmap, a set of key milestones and priorities which must be met in order to create a


GL Garrad Hassan: Policy and Grid Shape Wave and Tidal Risk Profile

Photo: GL Garrad Hassan

GL Garrad Hassan has carried out new analysis questioning the perception that the risk profile of wave and tidal projects is primarily driven by technical challenges. The work was launched as part of RenewableUK's Annual marine energy report "Conquering Challenges, Generating Growth" at the industry association's 10th Wave and Tidal conference. Adopting a bird's eye view of the industry, the work demonstrates that much of the risk associated with marine energy projects emerges


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


US Boatbuilding: Sink or Swim

Joe Hudspeth

Navigating interesting times has the nation’s shipbuilding industry searching in unusual places. The answers could be blowing in the wind.  Conducting commerce and forecasting the future for shipyards is akin to setting out in uncharted waters


IMCA to Hold Maritime Security Seminar

The International Marine Contractors Association (IMCA) is hosting a Security Seminar in London on Thursday, November 10, which will focus on human factors in modern maritime security. Sponsored by Subsea 7 and Technip, the event is a continuation of IMCA's new series of mini-seminars –


Feadship Unveils New Future Concept

Photo: Feadship

Feadship has marked the 10th anniversary of the Feadship Future Concept with a new "blueprint for inspiration."   Unveiled at the Monaco Yacht Show using a yacht model and an augmented reality experience, the 2016 FFC Choice offers a wealth of opportunities for autonomous living


Moody's Threatens Downgrade of Maersk

Photo: Maersk Group

 Denmark-based shipping and oil company A.P. Møller-Mærsk A/S (Maersk)'s decision to split the group into two parts now get the credit rating agency for questioning to the light blue conglomerate's debt. It ends "probably" with a downgrade


Finalists of Global OSCC Award Announced

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THE top three international employers and training providers shortlisted to compete to be crowned winners at the annual OPITO Safety and Competency Awards in Kuala Lumpur have been announced today (28th September, 2016).   Shell Nigeria


IRClass Launches Mobile App on World Maritime Day

Vijay Arora - Joint Managing Director Photo IRS

The Indian Register of Shipping (IRClass) is set to launch its newly-designed website and a mobile application, for modern, seamless user experience, today (28th September 2016). The revamped website which is compatible on all devices, is visually more appealing, with improved content layout


Yard Improvements at Grand Bahama Shipyard

(Photo: Grand Bahama Shipyard Limited)

Grand Bahama Shipyard Limited (GBSL), a shipyard in the Caribbean, said it had a productive summer program consisting of work on vessels from the tanker, container and towage segments of the maritime industry. Additionally, renovations and upgrades were performed on the floating dry docks and


Danish Business Minister to Meet with Shipping Leaders

Troels Lund Poulsen (Photo: Jens Astrup)

With his participation in the Danish Maritime Forum on October 26 the Danish Minister for Business and Growth will highlight the need for greater global cooperation when meeting with maritime key leaders from around the world.   Around 90 percent of world trade is transported by sea


Drewry: What Next for THE Alliance?

Photo: Hanjin Shipping

 Hanjin’s bankruptcy leaves the proposed carrier grouping THE Alliance at a size disadvantage to both its future rivals. Might a replacement be called up?    Drewry says that the container shipping industry is in a state of flux at the moment and nobody can honestly say they


RSC Bio Solutions Launches Environmental Education Campaign

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RSC Bio Solutions, a global leader in environmentally acceptable lubricants (EALs) and cleaners, has recently launched a new education campaign aimed at informing the industry and the general public on the causes and dangerous effects of petroleum-based oil spills and leaks on both land and water


Shipping Confidence on the Rise -Moore Stephens

Greiner Richard (Photo: Moore Stepehens)

Shipping confidence, notably on the part of charterers and managers, improved for the second successive quarter in the three months to end-August 2016, according to the latest Shipping Confidence Survey from international accountant and shipping adviser Moore Stephens.  


Corvus Energy to Power UK Hybrid Ferry

Corvus Energy Inc. has announced that Wärtsilä, provider of ship machinery, propulsion and maneuvering solutions, has selected Corvus Energy as the supplier of the lithium ion based energy storage system (ESS) for a new hybrid ferry being built for UK based Wightlink Ferries


On the Majestic Maersk, mega-ship dreams obscure cloudy future

File Image (Maersk)

For Captain Dick S. Danielsen, the childhood dream has been to sail the world's biggest ships. The Danish seaman got his chance three years ago when he was asked to helm the Majestic Maersk, a mammoth, baby blue-painted vessel that at 400 meters (1


Baltic Exchange Shareholders Approve Singapore Exchange Takeover

Baltic Exchange shareholders on Monday approved an 87 million pound ($112 million) takeover by Singapore Exchange for one of London's oldest institutions, in a deal that will give SGX access to the multi-billion-dollar freight derivatives market.






 
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