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
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
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
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
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
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
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 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 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
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
IRClass is amongst the first organizations in the world to certify ship recycling yards according to EU standards as an ‘Independent Verifier’. IRClass Systems and Solutions Pvt. Ltd. (ISSPL), an entity promoted by Indian Register of Shipping
With seaborne transportation accounting for the vast majority of the world’s international trade, the importance of the shipping industry to the mechanics of the world economy is generally fairly evident, says Clarksons Research.
The Panama Canal has launched the Green Connection Award, a new initiative to recognize customers who demonstrate excellent environmental stewardship, and to encourage others to implement technologies and standards to help reduce greenhouse gas emissions.
Hoover Container Solutions’ chairman and CEO, Donald Young, has been nominated and elected to the Petroleum Equipment & Services Association (PESA) Advisory Board for a three-year term. PESA’s leadership is comprised of experienced industry executives dedicated to advancing
Maritime Training Academy are adding to its portfolio of training courses with the addition of seven new Diplomas, confirming its position as a world leader in the provision of distance learning training within the maritime industry. The seven new training courses cover Maritime Firefighting
ACO Marine has welcomed the findings reported in the Friends of the Earth 2016 Cruise Ship Report Card, the annual survey of cruise shipping’s impact on the environment, which highlights a growing need for the sector to update its sewage treatment technology.
Shipowners, shipbuilders and representatives from the Green Award Foundation attended the first in a series of planned ‘roadshows’ Subsea Industries has initiated to demonstrate the zero environmental impact and simplicity of cleaning hulls protected with its Ecospeed hard coating
U.S. Transportation Secretary Anthony Foxx announced the appointment of 29 new members to the Marine Transportation System National Advisory Committee (MTSNAC). Established in 2010, MTSNAC is comprised of leaders from commercial transportation firms, ship construction, repair and recycling
DNV GL launched a new joint industry project (JIP) together with thirteen global partners to mutually develop a Recommended Practice for the coupled analysis of floating offshore wind turbines. Despite the fact that the wind industry has a strong focus on the development of floating
The new Minister for Defence Industry, the Hon Christopher Pyne MP met with His Excellency Mr. Christophe Lecourtier, Ambassador of France to Australia, Captain (Navy) Yann Marboeuf, Defence Attaché to Australia, Vice Admiral Jacques Cousquer
KVH Industries has announced that Brent Bruun, currently executive vice president of mobile broadband for the company, has been promoted to the newly created position of chief operating officer (COO). In this position, Bruun will assume direct responsibility for KVH’s
The International Chamber of Shipping (ICS) will focus clearly on its core agenda this year, with experts from key areas of industry across the board speaking at its 2016 International Shipping Conference, to be held at the British Library on Wednesday 7 September.
RINA S.p.A, the holding company of the multinational testing, inspection, certification and consulting engineering group based in Genoa, Italy, has announced that it has closed its acquisition of the entire share capital of Edif Group Limited for £118.5 million (around $156 million).
Shipping was not included in the global temperature-reduction targets agreed in the historic 2015 Paris Agreement on Climate Change, yet the shipping industry pledged to move forward “in the spirit of Paris,” says a report in the WSJ.
Following a long illness George Chao, a shipping legend in Hong Kong and president of Wah Kwong Maritime Transport, died, aged 76, in hospital. WAH Kwong Maritime Transport Holdings, established 64 years ago, is now one of the largest privately owned shipowners in Hong Kong.