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SPO Welcomes Seventh D Class Vessel to its Fleet

Photo: SPO

Shipowner and operator Swire Pacific Offshore Operations (Pte) Ltd. (SPO) welcomes another new anchor handling tug supply vessel, Pacific Dispatchto its fleet with her launch and naming ceremony. This vessel is built by Singapore Technologies Marine Ltd. (ST Marine) shipyard in Singapore. More than 100 representatives from SPO and ST Marine attended the event, held at the shipyard of ST Marine. The launch and naming ceremony was graced by Lady Sponsor, Mrs. Ofelia J. Villanueva, President of Anscor Swire Ship Management Dependents Association (an organization that provides support to the families of SPO's Filipino seafarers). Mrs Villanueva's husband, Lino Villanueva, joined Swire Pacific Offshore in 1984 and served as a Captain from 1988 to 2013. "The launch of Pacific Dispatchis another important step for the Company as we continue to develop our fleet of high specification anchor handling tug supply vessels. The D Class series has enjoyed a successful entry into service and each new vessel allows us to extend its presence across our key markets, supporting our customers with safe, high quality performance and service," said Managing Director, Neil Glenn. Pacific Dispatchis the fifth of a series of six D Class vessels built under contract from ST Marine for SPO. Similar to the sister vessels in the D Class series

SS&Y Pacific Capesize Index Rises 179 Points

Shipbrokers Simpson, Spence and Young's Pacific Capesize Index rose 179 points to 4,378 in the week ending Oct. 18. "After last week's record rise (912 points), the Pacific Capesize index has continued on a more moderate upward path this week," an SS&Y spokesperson said. "Current Pacific trade and activity looks steady with the volume of Japanese and Chinese cargoes remaining strong, but Atlantic direction cargoes are not holding as high a premium as trans-Pacific

Five-year Contract for Pacific Drilling Vessel

Pacific Drilling S.A. announce a five-year contract from Chevron USA for its ultra-deepwater drillship 'Pacific Sharav' Pacific Sharav is scheduled for delivery by Samsung Heavy Industries in Korea in the fourth quarter of 2013, upon completion of construction and client requested modifications. The drillship will be capable of operating in water depths of up to 12,000 feet and drilling wells up to 40,000 feet deep.

USCG Cutter Rush Returns

Cutter Rush

  The crew of Coast Guard Cutter Rush returned to its homeport following a successful 72-day deployment in the Central and Western Pacific, Monday. Rush departed in July 2014 and spent the last two months conducting operations in the Central and Western Pacific. During the deployment, Rush’s crew coordinated with multiple countries and partner agencies to conduct fisheries boardings in support of the Coast Guard’s living marine resources mission.

Pacific Drilling Releases Fleet Status Report & Revenue Guidance

Image courtesy of Pacific Drilling

Pacific Drilling says that the latest in its fleet of 5 of new ultra-deepwater drillships is in service.  Two additional drillships are under construction at Samsung Heavy Industries for delivery in 2014, and an eighth rig is under construction for delivery in March 2015. The report also includes a summary of historical operating fleet average revenue efficiency, as well as the company’s expectations for first quarter 2014 and full year 2014 operating fleet average

Pacific Drilling Revenue Up Again in Q1 2014

Image courtesy of Pacific Drilling

In its First-Quarter 2014 results Pacific Drilling announces revenue of $225.6 million for the three months ended March 31, 2014, as compared to revenue of $200.5 million for fourth-quarter 2013 and $175.0 million for first-quarter 2013. Highlights EBITDA(a) for the first quarter of $100.9 million, a 27 percent increase over the prior year Revenue for the first quarter of $225.6 million, a 29 percent increase over the prior year

PFI Marine Electric, Eltech Electric Partnership

Pacific Fishermen Shipyard and Electric LLC announced that it has agreed to sell its marine electrical operation, PFI Marine Electric, to a new company owned by the manager of the business, James Kaldestad, and George Hancock, owner of Eltech Electric Inc, another Seattle-based marine electrical contractor. Kaldestad will be President of PFI Marine Electric LLC, which will continue to operate at the Pacific Fishermen Shipyard in Ballard, Seattle and at Dutch Harbor, Alaska

EMMF Strengthens Global Bunkering Team

EXXONMOBIL Marine Fuels (EMMF), a world leading supplier of marine fuels, has undertaken a strategic reorganisation and strengthening of its bunkering team worldwide with effect from January 1, 2004. Dan Bryce is to leave his post as EMMF Americas General Manager to become Adviser, LNG/PGS Business Planning and Support, ExxonMobil Gas and Power Marketing, based in Houston. Meanwhile, Joe Rud, currently EMMF Manager for

U.S. Pacific Fleet Receives Meritorious Unit Commendation

By Mass Communication Specialist 1st Class Shane Tuck, Commander, U.S. Pacific Fleet Public Affairs Commander, U.S. Pacific Fleet Adm. Robert F. Willard presented a Meritorious Unit Commendation to his staff during a morning colors ceremony held July 27 at the Makalapa Compound here. On behalf of the Secretary of the Navy Donald C. Winter and Chief of Naval Operations Adm. Mike Mullen, the commendation awarded was presented to all personnel permanently assigned to the Pacific Fleet

AMCS Wins Pacific Patrol Boat Training Contract

The Australian Minister for Defense Materiel Mike Kelly announced the signing of a $21 million four-year contract with AMC Search Ltd to provide Pacific Patrol Boat (PPB) training services. Dr. Kelly said AMC Search Ltd (AMCS) is the commercial arm of the Australian Maritime College, located in Launceston, Tasmania. “The contract is for a range of technical, operational and administration courses for students from the 11 nations participating in the PPB Program,” Dr

Stiff Competition for Cosco Pacific in Mediterranean

Photo: COSCO Pacific Ltd

 Although Cosco Pacific, the Hong Kong-listed subsidiary of China’s biggest shipping company China Cosc,  is expanding in the Mediterranean area after taking part in the acquisition of port in neighbouring Turkey, it faces stiff competition, reports SCMP.  

Behave in the South China Sea, US Admiral Warns China

USS Ronald Reagan Arrives in Japan. Photo: U.S. Pacific Command

 US Pacific Fleet Commander Admiral Scott Swift  has fired a broadside at China and other regional nations who are flouting international law in the South China Sea.   Admiral Scott has warned that if bullying behaviour at sea of the kind shown by China is not confronted

Arctic Ice 'Too Thick' for Shipping Route

Photo: Inhabitat

 Sea ice in the Arctic is still too thick for Northwest Passage commercial shipping route in spite of warming temperatures. This is according to new research from York University.   Despite climate change, Arctic sea ice remains too thick and treacherous, says the study

Matson Closes $75mln Debt Private Placement

Matson, Inc., a U.S. carrier in the Pacific, announced today the issuance of $75 million in 30-year final maturity senior unsecured notes pursuant to a previously announced private placement on July 30, 2015. The notes will have a weighted average life of approximately 13 years and will

Asia Dry Bulk-Capesize Rates Impacted by China Holidays

Weak holiday demand to pressure rates lower. Rebound seen after China returns to market on Oct 8. Freight rates for capesize bulk carriers could come under pressure next week as lower cargo volumes due to holidays in China thwart shipowners efforts to push rates higher, ship brokers said.

USS Cowpens Holds Cruiser Modernization Induction

USS Cowpens

  The guided-missile cruiser USS Cowpens (CG 63) was inducted as the first ship to undergo a modernization effort that will significantly upgrade its capabilities in multiple mission areas, Sept. 25, at Naval Base San Diego. The CG Phased Modernization Program is designed to balance the

China Hooked to South China Sea

Map by Transatlantic Academy

 Despite US President Barack Obama’s warning  thatthe land reclamation work in the strategically important South China Sea would affect peaceful resolution of maritime disputes in the area, China might press on, reports SCMP.  

World Court Hears Boliva-Chile Dispute Over Sea Access

The International Court of Justice said on Thursday it will continue to hear a case brought by Bolivia against Chile seeking to force its neighbour to enter negotiations to grant Bolivia unfettered access to the Pacific Ocean. Chile had asked the court, also known as the World Court

MH370 Search Discussed at EAS Seminar

Lesson Learned from MH 370

  Lessons learned from recent international search and rescue operations, including the ongoing search for MH370, were discussed during an East Asia Summit (EAS) seminar in Sydney this week.   Co-chaired by Australia and Thailand

Vigor Hires Senior VP of Public Affairs

Jill Mackie (Photo: Vigor)

Jill Mackie will join shipbuilder and repairer Vigor’s executive team as senior vice president of public affairs, the company announced today.   In her new role, Mackie will provide leadership and oversight of strategic communications, community and government relations at the local

New CEO Takes the Helm at Transas

Frank Coles (Photo: Transas)

Frank Coles has been appointed as Chief Executive Officer and member of the Board of Directors for Transas Marine, a provider of equipment, software and system integration for the maritime industry.   A maritime business professional, Coles brings to the position leadership experience in

Changes in Swire Pacific's Top Deck

Ron Mathison

  Swire Pacific Offshore (SPO) announces a change in leadership with the appointment of a new Managing Director in Singapore. Mr Ron Mathison has taken over the helm as the new Managing Director on Monday, 21st September 2015.  Mr Mathison has also been appointed as Director of John

Li to Head MacGregor's China business

Zhengyu Li (Frank)

MacGregor develops operations in China and strengthens its organisation by appointing Zhengyu Li (Frank) as Vice President, Head of China as of 1 October 2015. Mr Li drives the development of MacGregor business in the most important market in the marine industry

AAL Canada Opens Vancouver Office

Photo courtesy of AAL

Press release - AAL has announced the opening of a new office in Vancouver, Canada.    This continues the company’s global expansion strategy, which has, in the same month, seen the opening of AAL Korea.  The move strengthens the company’s on-the-ground presence and

USCG Offload Drugs worth $ 11 mln

USCG Offloading Drug consignment

Crewmembers of Coast Guard Station Miami Beach, Florida, offloaded 254 kilograms of cocaine and 3,662 pounds of marijuana interdicted in the Caribbean Sea as part of Operation  Martillo worth an estimated wholesale value of $11.8 million, at Base Miami Beach, Friday.

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