Marine link
 

MARITIME ASSOCIATES

Floating Production Systems: US$11+ Billion on Order

FPSO Mystras: Photo CCL 2

The floating production sector has been especially active over the past several months. Ten production floaters have been ordered since March, reports International Maritime Associates Inc. (IMA). Contracts include a  $3 billion FPSO for Nigeria (a record price for an FPSO), two $1.8 billion FPSOs for Brazil, a $1.8 billion FPSO for the UK, a $1.3 billion production barge for the Congo and a $1.0 billion FPSO for the Gulf of Mexico, 269 floating production units now in service or available – This figure is 22% greater than five years ago, almost 80% higher than ten years back. FPSOs account for 61% of the existing systems. The balance is comprised of production semis, tension leg platforms, production spars, production barges and floating regasification/storage units. Thirteen units (12 FPSOs, 1 Semi) are off field and available for reuse – resulting in an overall utilization rate of 95.2%. Another 93 floating storage/offloading units (without production capability) are in service. 72 production floaters are on order – Current order backlog consists of 40 FPSOs, 6 production semis, 5 TLPs, 4 spars, 1 barge, 4 FLNGs and 12 FSRUs. Delivery of the equipment will grow the production floater inventory by 27%. In the backlog are 46 units utilizing purpose- built hulls, 26 units based on converted tanker hulls and 1 unit being modified from an existing production semi Of the production floaters being built, 41 are owned by field operators


Happy Birthday to Us!

Greg  Trauthwein, Editor & Associate Publisher

This year Maritime Reporter & Engineering News celebrates its 75th Anniversary. Founded by  in 1939, the publication today reigns as the largest audited publication serving the global maritime industry, with a circulation of more than 35,000. While the publication, with its signature size and booming red logo, easily remains our most recognizable brand, unlike 1939 when it was the stand-alone information product of the company


Expo Attracts Top Officials

Top security and maritime officials from more than 22 countries will come together in New York next week to explore solutions for improving the security of international maritime trade in the United States and abroad. ”The Expo has become a truly global event, with speakers and exhibitors coming from all over the world,” said Michael Rosenberg, vice president, Security Division at E.J. Krause & Associates, the Expo organizer. “Maritime security is a crucial piece in the U.S


Seebald Wins Port Authority Bid for Security Officer Training

Buffalo, N.Y. – Seebald and Associates International announced that they have been awarded a two- year contract with the Port Authority of New York and New Jersey (PANYNJ) to provide Facility Security Officer (FSO) training to approximately 400 individuals throughout the Port of New York and New Jersey. All Facility Security Officers (FSO) and alternates for companies which own or operate a designated 105 facility are required by law to be trained in accordance with 33 CFR 105


SMART Institute Conference Focuses on Skilled Professionals

Colton Hendrick & Blake Snapp are back preparing for their next journey out on the waters as new maritime interns with Higman Marine Services

  After 20 days offshore, Colton Hendrick and Blake Snapp are back on land, preparing for their next journey out on the water as new maritime interns with Higman Marine Services. And they love it. "It can be tough work at times, but the beauty is seeing the sun rise and set each day," said Snapp. Plus, the money and job security are incentives as well. Both Snapp and Hendrick stand to earn approximately $100,000 by the fifth year of their first maritime job


MarAd Appoints new Associate Administrator for National Security

The Maritime Administration (MarAd) has appointed Kevin M. Tokarski its new Associate Administrator for National Security.  In his new role as associate administrator, Tokarski will provide leadership and oversight to the Office of Emergency Preparedness, the Office of Sealift Support, the Office of Ship Disposal, and the Office of Ship Operations and its three divisions: Atlantic Operations, Gulf Operations and Pacific Operations. 


SHIPPINGInsight Conference Makes Debut in 2012

Press Release Logo.jpg

Charlottesville, Va.  –  A new maritime industry conference, scheduled for October, 2012, in Stamford, Conn., will provide a forum for discussion of fleet optimization and efficient ship operations, according to its organizers. The SHIPPINGInsight Fleet Optimization Conference is being co-produced by Soccoli Associates LLC, a maritime consultancy, and Rhodes Communications Inc., an international communications firm specializing in the maritime industry


Somali Pirates Try to Seize Dutch Ship

According to a report from the Associated Press, Somali pirates armed with rocket-propelled grenades and automatic weapons attacked a Dutch-operated container ship off the coast of Tanzania but failed to hijack the vessel, a maritime official said Dec. 7. Eight pirates in two speedboats chased and opened fire at the ship about 520 miles east of Dar es Salaam in Tanzania, starting a fire on the vessel that was quickly doused by the crew


Tuvalu Joins IMO

Tuvalu has become a Member of IMO, following its deposit, on 19 May 2004, of an instrument of acceptance of the Convention on the International Maritime Organization, as amended, with the Secretary-General of the United Nations. With the accession of Tuvalu, the number of IMO Member States stands at 164, with three Associate Members, which are: Faroe Islands (Denmark); Hong Kong (China); and Macao (China).


Atchafalaya River Temporary Closure

The US Coast Guard has established a temporary safety zone closing to navigation the Atchafalaya River from Mile Marker 117 (Morgan City Railroad Bridge) to Mile Marker 0 (Simmesport, Louisiana). This action is necessary to protect against destruction, loss, or injury due to hazards associated with rising flood water. The safety zone will be in effect through July 31. 76 Fed. Reg. 35104 (June 16, 2011).   Source: Bryant’s Maritime News


Indonesia Partners with China on Maritime

Chinese President Xi Jinping holds a welcoming ceremony for Indonesian President Joko Widodo. Photo Credit: Zhang Duo

 Indonesian President Joko “Jokowi” Widodo and Chinese President Xi Jinping pledged increased maritime cooperation during the formers visit to China.   The joint statement issued after his meeting with Xi noted that “the 21st Century Maritime Silk Road


Swiber Gains $405.6 mi Contracts

Courtesy Swiber Holdings

  Business momentum is fast picking up at Swiber Holdings Limited despite the downturn in the oil and gas industry as the Group clinches a total of US$405.6 million for a series of contracts, including its latest US$333 million contract for Engineering, Procurement


BOEM Issues Offshore Wind Energy Research Lease

 BOEM issues first wind energy research lease in Federal offshore waters   The U.S. Bureau of Ocean Energy Management (BOEM) has executed a wind energy research lease with the Commonwealth of Virginia’s Department of Mines, Minerals and Energy (DMME), BOEM announced today.


Austal Delivers for Militaries ... Near & Far

Bernard Gorman, Supervisor, Austal, applying the  classification  society stamp on a 72- High Speed Support Vessel for Oman’s Navy.

While Austal USA based in Mobile, Alabama, still accounts for the lion’s share of revenue (more than 80%) of the Australian based company, the entire corporation has been making waves of late delivering latest technology to naval fleets around the globe.


Marine Claims Insurance Reminder by Danish Authority

Need to take insurance to cover maritime claims

  If you own a ship with a gross tonnage (GT) of or above 300, you must inform the Danish Maritime Authority about your insurance for maritime claims by 31 March 2015. The requirement does not apply to foreign ships. It is about time to check your insurance for maritime claims.


IMO Seeks Input on Ballast Water Management

Online surveys are part of IMO study which aims to provide a comprehensive review of the technical standards and approval testing procedures in the Guidelines for approval of ballast water management systems (G8). (Photo: IMO)

The International Maritime Organization (IMO) is inviting stakeholders involved in the testing, approval, fitting and operation of ballast water management systems (BWMS) to complete online surveys as a part of a study to assess the implementation of the BWMS approval guidelines and the


DA-DESK Joins BIMCO

DA-Desk has announced that they have joined BIMCO  as Associate Member. As a member of BIMCO, DA-Desk is now part of a community of more than 2,300 global members from the maritime shipping industry, which includes ship owners, operators, managers, brokers and agents.  


COMSYS Report Confirms Intellian's Leadership

Courtesy Intellian

  The 4th Edition of the COMSYS Maritime VSAT Report confirms Intellian as the leading company within the stabilised antenna market, with a 35.6% share of the market. “Intellian now leads the market under a single brand having achieved spectacular results since 2012


Arctic warms up to Shipping

The Arctic (University of Wyoming, Atmospheric Science)

 Diplomats from global trade and economic powers signaled their governments' growing interest in Arctic transit and heavy shipping in the Arctic Ocean. Arctic Business Forum held in Rovaniemi from March 10 to March 12 forecast huge possibility for business and investment in the arctic region


Horizon Lines Post 4Q 2014 Results

The story of Horizon Lines is really the story of containerized shipping in America

Horizon Lines, Inc. today reported financial results for the fiscal fourth quarter ended December 21, 2014. "Horizon Lines' fourth-quarter adjusted EBITDA increased 26.6% over the same period a year ago. The improvement in adjusted EBITDA was driven largely by higher fuel recovery


New Lineup for NOAA Hydrographic Services Panel

The Hydrographic Services Review Panel advises NOAA on improving services for navigation and coastal resilience. (Credit: NOAA)

Committee provides advice on agency’s navigation services NOAA administrator Kathryn Sullivan, Ph.D., has appointed six members to the Hydrographic Services Review Panel, a federal advisory committee that gives NOAA independent advice for improving a range of services and products that


Stopping Cruise Ship Pollution in Asia

Pic: Stop Cruise Ship Pollution Org

 While many Asian ports restrict ships’ sulfur emissions, the level is far higher than limits in the U.S. and Europe, says a report in the WSJ.   Many popular destinations, including Singapore, Australia and several of the Pacific Islands


LOC Relocates Florida Office

Global marine engineering consultant company London Offshore Group Ltd (LOC) opened an office in Houston in 1985, signaling the start of 30 years of involvement in U.S. marine warranty surveying and maritime consulting.   In 2002, the group established a Miami office to serve clients in


Huffman Joins Blank Rome in Houston

Jay T. Huffman (Photo: Blank Rome)

Blank Rome LLP announced that Jay T. Huffman has joined the Firm as an associate in the Maritime, International Trade, and Public Contracts group. He is based in the Firm’s Houston office.    Huffman joins Blank Rome from Royston, Rayzor, Vickery & Williams, L.L.P


Imports Rising as West Coast Ports Work on Backlog

webContainership_Marad.jpg

  Import cargo volume at the nation’s major retail container ports is expected to rise an unusually high 16.9 percent this month over the same time last year as West Coast ports begin to dig out from a backlog of cargo that built up during just-concluded contract negotiations with






 
rss feeds | archive | privacy | history | articles | contributors | top news | contact us | about us | copyright