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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.


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


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


IBIA Plans to Establish Professional Bunkering Qualifications

The International Bunker Industry Association (IBIA) has commissioned an independent study into the feasibility of instigating professional qualifications for the global bunkering industry workforce. It has put the study out to tender, and expects to announce the successful bidder by the end of June this year. IBIA secretary-general Ian Adams says, “IBIA does not want to become a training establishment itself. But it recognises the need to improve the capabilities of the bunkering


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


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


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


JERA Buys First-ever U.S. LNG Cargo

File Image: LNG carrier underway (Credit: Parker Bestobell)

Japan's JERA Co, the world's biggest importer of liquefied natural gas (LNG), on Thursday said it made its first-ever purchase of LNG from the lower 48 U.S. states, as part of its goal to diversify supplies. JERA, a fuel joint venture between Tokyo Electric Power and Chubu Electric Power


Nautican Brings New Facility, Jobs to Summerside

Photo courtesy of Nautican

A former Montague resident, Elizabeth Reynolds Boyd has always been looking for a way to give back to her home province. The respected naval architect and owner of Nautican Research and Development joined Premier Wade MacLauchlan and Babcock Canada Vice President Jake Jacobson to announce a new


USCG Type Approved Technology For BWC Seaforth Mobile BWMS

BWC Seaforth USCG.jpg

Ballast Water Containers has announced its patent pending BWC SEAFORTH and BWC BUTE mobile ballast water management systems, are now available with full US Coast Guard type approved technologies including industry leading components from manufacturers Optimarin & Wartsila.


Radio Holland Turns 100

Presentation of the anniversary book A Century Radio Holland during the festive celebration of the 100th anniversary of Radio Holland on board of the ss Rotterdam. From left; Paul Smulders (CEO Radio Holland Group), Ing. A. Aboutaleb (Mayor of Rotterdam), Erik van der Noordaa (CEO RH Marine Group) and Ben Vree (Chairman of the supervisory board of RH Marine Group). (Photo: Radio Holland)

Radio Holland celebrates its 100th anniversary and announces start of anniversary year Radio Holland Group (Rotterdam) celebrated its 100th anniversary in the maritime shipping industry. The event took place on board of the historical ship ss Rotterdam


Myklebust Appointed CEO of Viking Supply Ships

Trond Myklebust (Photo: Viking Supply Ships)

The Board of Directors of Viking Supply Ships AB has appointed Trond Myklebust as Chief Executive Officer (CEO). Myklebust will also act as CEO in Viking Supply Ships A/S, and will take over the responsibilities as CEO in both companies ultimo January.


Interview: Morton S. Bouchard III Pulls No Punches

Morton S. Bouchard III (Photo: Coast Guard Foundation)

Morton S. Bouchard III pulls no punches discussing the maritime business and the spate of over-regulation infecting U.S. industry.   Morton S. Bouchard III has served as President of Bouchard Transportation Co., Inc., the nation’s largest independently-owned oceangoing petroleum barge


Alps Named Distributor of Petersen Stainless Rigging

Chicago based Alps Wire Rope Corporation has been appointed as a distributor for U.K.-based stainless steel shackle and wire rope fitting manufacturer Petersen Stainless Rigging Ltd.   Stock is currently being held for immediate delivery from Alps’ Houston location of Petersen’s


AET for Improved Crack, Corrosion Detection

Acoustic Emissions Wiring - George Wang Photo ABS

ABS has published the ABS Guidance Notes on Structural Monitoring Using Acoustic Emissions. This industry-leading guidance presents best practices for planning and executing Acoustic Emission Testing (AET). “A primary goal at ABS is to improve safety without interrupting operations


Höegh LNG, SHI Ink FSRU Deal

Courtesy Höegh LNG

Höegh LNG Holdings Ltd. has signed a Letter of Intent ("LOI") for one firm and three optional FSRUs at Samsung Heavy Industries (SHI) in South Korea. The 170,000 m3 FSRUs have regasification capacity of 750 MMScf/day and full trading capabilities


Refining Capacity Growth to Exceed Demand Until 2020 -Forecast

© katatonia / Adobe Stock

Until 2020, global refining will move toward lower utilization and margins as capacity growth exceeds demand, according to energy industry data and analytics specialist McKinsey Energy Insights (MEI). Post-2020, however, market conditions are expected to improve with higher demand for distillates


Consolidated Container Fleets Worth $33.4 Billion

Photo: Hamburg Süd

Following the sale of Hamburg Süd to Maerskfor $4 billion, VesslesValue senior analyst William Bennett has compiled a report on the top consolidated container fleets. Currently these top five fleets are worth $33.4 billion and account for 33 percent of the entire container fleet.  


Dry Bulk Owners Say the Worst is Over

© Volodymyr Kyrylyuk / Adobe Stock

The worst is over for the dry bulk shipping sector, after years when too many ships chased too little cargo, yet the extent of the lost business means a full recovery is still some way off, leading ship owners said on Wednesday.   Dry bulk shipping


New LNG Carrier Delivered for Petronet

Photo: Petronet LNG

A consortium comprising Nippon Yusen Kabushiki Kaisha (NYK), Mitsui O.S.K. Lines, Ltd. (MOL), Kawasaki Kisen Kaisha, Ltd. (“K” Line), and the Shipping Corporation of India Ltd. (SCI) took delivery of a new liquefied natural fas (LNG) carrier on November 30, 2016, in South Korea.


Höegh LNG Orders Four FSRUs at Samsung Heavy

Pic: Höegh LNG

 Norway’s floating liquefied natural gas company Höegh LNG has signed a Letter of Intent (LOI) for one firm and three optional floating storage and regasification units (FSRUs) at South Korea’s Samsung Heavy Industries (SHI).  


Japan to Overtake Korea in Global Shipbuilding

Photo: DSME

 Japanese shipyards are on the verge of overtaking Korean shipyards in remaining order backlogs and market share, reports Business Korea.   South Korean and Japanese shipbuilders recorded a backlog of 20.46 million CGT and 20.06 million CGT early this month, respectively






 
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