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


Happy 50th Birthday, Greg Trauthwein

“Throwback Thursday” from the Maritime Reporter archives: Greg at the wheel on a sailing excursion off the coasts of Italy and France in August 2011

Greg Trauthwein, Editor and Associate Publisher, today celebrates his 50th birthday. Since first manning the editor’s desk at New Wave Media’s flagship publication Maritime Reporter & Engineering News in 1992, Greg has helped grow the publishing house’s offering of world leading b2b publications to four print titles and more than a dozen websites and e-news services collectively serving the commercial maritime, subsea industries and energy industries.


MarAd Approves Vessel Sale and Transfer

The Maritime Administration (MarAd) has approved a vessel sale and transfer under section 9 of the Shipping Act, of 1916, as amended. MarAd has given approval to Dewey Seymore & Associates, of Folsom, California, to sale the deck barge EM1005, to China Harbour - Costain Mexico S. de. R.L .de. C.V., Mexico and transfer of said Vessel to Mexican registry and flag. The deck barge was built by Bollinger Marine Fabricators and has a gross tonnage of 1072.


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. 


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


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


PCA - Draw to Select First Vessel to Transit

Panama Canal Expansion Courtesy PCA

The Panama Canal will hold a draw on Friday, April 29, to select the first vessel which will transit through the Expanded Canal when it is inaugurated on Sunday, June 26. The draw will take place at the Panama Canal Administration Building and a Notary Public to serve as witness.


Violent Attacks Worsen in Seas Off West Africa - IMB

Piracy on the world’s seas Courtesy ICC & IMB

 As piracy on the world’s seas continues to fall, new figures from the International Chamber of Commerce (ICC) International Maritime Bureau (IMB) highlight growing violence off the coast of West Africa, where 44 seafarers have been captured so far this year.


37 Piracy Incidents in Q1, Says IMB

Image: International Maritime Bureau (IMB)

Worldwide, International Maritime Bureau (IMB) recorded 37 piracy and armed robbery incidents in the first quarter of 2016, down from 54 in the same period last year. Three vessels were hijacked and 29 boarded, with 26 crew kidnapped for ransom and a further 28 held hostage.  


UNSC Highlights IMO's capacity-building work in Gulf of Guinea

UNSC statement on Gulf of Guinea Photo IMO

IMO Secretary-General Kitack Lim has welcomed the Presidential Statement from the United Nations Security Council (S/PRST/2016/4) in which the Council strongly condemns acts of murder, kidnapping, hostage-taking and robbery by pirates in the Gulf of Guinea and encourages States in the region and


India to Roll Out Second Maritime University Next Year

Photo: Gujarat Maritime Board (GMB Ports)

 India will soon get its second maritime university, Gujarat Maritime University (GMB), which will primarily be focusing on the commercial maritime courses. According to sources, the first course likely to be rolled out in 2018.   


Cheap Oil Slows Move to LNG as Bunker Fuel

Low oil prices are denting the take-up of liquefied natural gas as a cleaner source of energy to power ships, and it will be a few more years yet before the fuel makes serious inroads into the marine bunker market.   The global shipping sector is under pressure from governments to reduce


UK MCA Contract Award to PDMS

Bruce McGregor. Photo: PDMS Ltd

 PDMS Maritime is delighted to announce a significant new contract with the UK's Maritime and Coastguard Agency (MCA) to provide a new integrated system to incorporate seafarer management and approved doctor records, delivering process efficiency improvements and enhanced customer services


High Performance Marine Batteries & Stored Energy Workshop

Next Generation Marine Batteries & Stored Energy WORKSHOP with location & dates.jpg

The High Performance Marine Batteries & Stored Energy Workshop set for April 28, 2016 in Southampton will bring together an international group of experts armed with the latest knowledge to highlight the potential use of high performance marine battery systems and stored energy


Maritime Industry Gathers to Address Cyber Security Threats

Pic: Maritime and Ports Authority (MPA)

 The Maritime and Port Authority of Singapore (MPA) and the Singapore Shipping Association has co-organised the inaugural Cyber Security Seminar in conjunction with the Singapore Maritime Week 2016.   Teo Chin Hock, Senior Advisor, Cyber Security Agency of Singapore (CSA)


Nigeria, Singapore Seal Maritime Partnership

Photo: News Agency of Nigeria (NAN)

 The Nigerian Maritime Administration and Safety Agency (NIMASA) and the Maritime and Ports Authority of Singapore have held a bilateral meeting to seek areas of collaboration between the two maritime regulators at the sidelines of the Maritime Regulators Forum holding in Singapore. 


Crowley Scholarship for Three Texas A&M Students

Scholarship for the three cadets Photo Crowley Maritime

Crowley Maritime Corporation’s 2016 Thomas B. Crowley Sr. Memorial Scholarships are helping to further educational opportunities for three students of Texas A&M University, all of whom are enrolled in the college’s License Option program and have expressed an interest in pursuing a


NUS, MPA Conduct Joint Research in Ocean Governance

Pic: Maritime and Port Authority of Singapore

 The Centre for International Law (CIL) at the National University of Singapore (NUS) and the Maritime and Port Authority of Singapore (MPA) will be setting up a joint research programme to build up institutional expertise in ocean governance and to spearhead thought leadership in areas


Indonesia Woos Jokowi Netherlands for Investment in Maritime

Indonesia President Joko Widodo shakes hands with Netherlands Prime Minister Mark Rutte after their meeting in The Hague. Photo: President’s press bureau

 Indonesian President Joko “Jokowi” Widodo has invited the Netherlands to invest in Indonesian infrastructure projects, particularly those that support Jokowi’s maritime sector development program, reports the Jakarta Post.  


IMO Supporting Kenya’s Maritime Security

Photo:  International Maritime Organization (IMO)

The International Maritime Organization (IMO) is leading a maritime security table-top exercise in Mombasa, Kenya (April 21-22) as part of the Organization’s continuing work to implement the Djibouti Code of Conduct.   


MSF Restarts Mediterranean Migrant Rescues

MSF Search and Rescue boat Dignity I (Photo: MSF)

The medical relief charity Medecins sans Frontieres has relaunched rescue operations in the Mediterranean Sea, accusing European governments of failing to act to save migrants in peril at sea, it said on Monday.   MSF halted its maritime rescue programme in January






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