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
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
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
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.
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
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
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.
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
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
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
The Director of U.S. National Intelligence, James Clapper, has expressed his concern at the progress of China in maritime zones it shares with its neighbors, accused China of expanding its outposts in the South China Sea in an “aggressive” effort to exert sovereignty.
The Crimean State Council nationalized the Kerch-based cargo port Kamysh-Burun belonging to the Ukrainian financial-industrial group Altcom. According to Crimean Parliament, nationalization was necessary to the conservation and effective use of movable and immovable property
A delegation of Middle East maritime heavyweights including H.E. Khamis Juma Buamim, chairman & group CEO Drydocks World and Maritime World and Rashid Mohammed Al Habsi, the chief executive of Tasneef, will attend the ‘Maritime Transportation of Energy and Mediterranean Ultra Deep
The huge potential of the oceans and the maritime industry to assist in the development of the African continent has already been noted, International Maritime Organization (IMO) Secretary General Koji Shemizu, has said. African should emulate Japan in exploiting their vast maritime
Import cargo volume at the nation’s major retail container ports is expected to rise 10.1 percent this month over the same time last year even as West Coast ports come closer to a possible shutdown due to the lack of a contract with dockworkers
Royal Boskalis Westminster N.V. (Boskalis) has sold its road maintenance company Aannemingsbedrijf De Jong en Zoon Beheer B.V. and the associated De Jong subsidiaries (De Jong) to the management and Foreman Capital. The De Jong activities were taken over at the end of 2011 as part
L-3 Marine Systems International (L-3 MSI) has announced that it has been awarded a contract to provide its latest NACOS Platinum series aboard two new 150,000-gross-ton cruise ships for Star Cruises. Built by MEYER WERFT at its Papenburg shipyard in northern Germany
Indonesian Maritime Affairs Minister Indroyono Soesilo has met Dutch Ambassador to his country Rob Swartbolon to discuss cooperation on maritime issues, reports The Jakarta Post. Both has agreed to explore cooperation in various maritime issues including in developing an integrated
Pasha Hawaii achieves main engine light off for its new ConRo vessel, the M/V Marjorie C ConRo vessel M/V Marjorie has attained main engine light off while under final construction at VT Halter Marine, Pascagoula, Miss., signaling that the ship’s complex network of systems is
Jotun Marine Coatings said Mediterranean Shipping Company (MSC) will apply Jotun’s Hull Performance Solutions (HPS) on a number of new and existing vessels. With almost 500 vessels, MSC has one of the world’s largest containership fleets
Kenyan government vowed to strengthen maritime safety and security to help exploit maritime resources. Kenyan President Uhuru Kenyatta called for closer cooperation, and effective coordination of all maritime policy at the different decision- making levels both at regional and
100 Orders received for ME-GI; second ME-GI engine dispatched by engine builder after successful Factory Acceptance Testing MAN Diesel & Turbo reports that its ME-GI engine has now received more than 100 orders. FLEX LNG announced on February 2 that two-stroke slow-speed ME-GI main
The U.S. and Georgian maritime sectors rolled out new Joint Maritime Operations Center (JMOC), which was built at the Coast Guard Supsa Radar Station on the Black Sea coast, reports Azer News. JMOC was established under the Coast Guard Department of Georgia's Internal Ministry and
General Maritime Corp, which operates crude oil tankers, will acquire Navig8 Crude Tankers Inc in a stock-for-stock deal, the two companies said in a statement. A newly formed unit of General Maritime will acquire all of Navig8 Crude's common shares to form Gener8 Maritime Inc.
The Brookings Institution, a Washington D.C.-based think tank, will host a two-panel discussion on the use of LNG as a marine fuel on Tuesday, March 3, the organization announced today. The panels are part of the Institution's Energy Security and Climate Initiative (ESCI)