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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.

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

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.

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

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

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

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

Obama Urges Halt to Artificial Islands in S.China Sea

Maritime claims in the South China Sea Image by Wikipedia

  U.S. President Barack Obama said on Saturday that countries should stop building artificial islands and militarising their claims in the disputed South China Sea. "For the sake of regional stability the claimants should halt reclamation

Philippines Warns China: World is Watching You

President Benigno S. Aquino III joins fellow world leaders for the 22nd Asia-Pacific Economic APEC Leaders Meeting. Photo by Philippines Govt

 China came under renewed criticism over its rising profile in the South China Sea at Asia-Pacific summit when Philippines  President Benigno Aquino III  warned China that “the world is watching” you, reports Reuters.  

Five P&O Cruise Ships Meet in Sydney

Photo: P&O

 Sydney is the stage for the biggest get-together of a fleet of cruise ships ever seen in the harbor city.    Five P&O cruise ships have created a V-formation at sea then sailed toward Sydney abreast in a single line, to celebrate the fleet's newest additions

Sandra Weakens to Tropical Storm off Mexico's Coast

Sandra Image credit NASAGSFC.

  Hurricane Sandra weakened to a tropical storm on Friday and was expected to continue losing strength as it approached Mexico's Pacific coast, the U.S. National Hurricane Center (NHC) said. Sandra, about 215 miles (346 km) southwest of the Pacific port of Mazatlan on Friday evening

US Expects South China Sea Issue to Come up at APEC

The South China Sea issue is likely to come up on the sidelines of the APEC summit if it is not on the formal agenda, State Department spokesman Mark Toner said on Tuesday.   The Asia-Pacific Economic Cooperation summit is scheduled for Nov. 17-19 in Manila

Peru to Cut O&G Royalties to Counter Price Slump

Peru is reducing royalties on oil and gas production to about 5 percent on average from the current 20 percent in order to encourage exploration amid slumping prices, the government said Wednesday.   The smaller take should help Peru boost interest in new oil contracts that will come up for

Essex Amphibious Ready Group in S. China Sea

USS Essex (LHD 2) conducts maneuvers during normal operations Courtesy USN

  The Essex Amphibious Ready Group (ARG) transited the Straits of Malacca and conducted routine operations in the South China Sea as part of a deployment to the Western Pacific Nov. 7-10. The ARG's flagship, the multipurpose amphibious assault ship USS Essex (LHD 2)

New GM at Perkins Marine Facility in Wimborne

Andrew Goldspink (Photo: Perkins)

Engine manufacturer Perkins hires Andrew Goldspink to succeed retiring general manager Steve Phillips. After 30 years at engine manufacturer Perkins, Steve Phillips has elected to retire from his role as General Manager of the company’s marine facility in Wimborne

Sembcorp Upgrades of Pacific Eden and Pacific Aria for P&O Cruises

Pacific Aria and Pacific Eden - Concurrent repair and upgrading of Pacific Aria and Pacific Eden at Sembcorp Marine Admiralty Yard in November 2015. Photo:  Sembcorp Marine Ltd

 Sembcorp Marine, a global leader in cruise ship repair, refurbishment and conversion work, has successfully upgraded the Pacific Eden (formerly Statendam) and the Pacific Aria (formerly Ryndam) at its Admiralty Yard.    The concurrent drydocking of these two cruise vessels at the

China: "Great Restraint" in South China Sea

China has shown "great restraint" in the South China Sea by not seizing islands occupied by other countries even though it could have, a senior Chinese diplomat said on Tuesday ahead of two regional summits where the disputed waterway is likely to be a hot topic.

Obama Says China Must Stop Land Reclamation in South China Sea

U.S. President Barack Obama said on Wednesday China must stop land reclamation in the disputed South China Sea and reaffirmed Washington's commitment to the defense and security of the Philippines, one of the parties to the dispute.  

US to Give Two Ships to Philippine Navy

President Barack Obama talks with Captain Vince Sibala on the bridge of the BRP Gregorio del Pilar (PF-15), during a tour of the ship in Manila Harbor, Philippines, Nov. 17, 2015. (Official White House Photo by Pete Souza)

Following a visit aboard Philippine naval ship BRP Gregorio Del Pilar on Tuesday, U.S. President Barack Obama said the American government plans to transfer two ships to the Philippine Navy, bolstering what Obama called an “ironclad commitment” to the defense of treaty ally the

Asia Dry Bulk-Capesize Rates Could Slip Again

A ValeMax Bulk Carrier (file image: Vale)

Capesize market could worsen in short-term; 3.5 mln tonnes could be cut from Brazil ore exports. Freight rates for capesize bulk carriers could drift lower next week as Brazil's Samarco iron ore mine disaster and uncertain ore demand from China weigh on cargo volumes, brokers said.

China: Navy 'restrained' Facing US Provocations

China's top admiral said his forces have shown "enormous restraint" in the face of U.S. provocations in the South China Sea, while warning they stand ready to respond to repeated breaches of Chinese sovereignty. Beijing, which claims almost the entire energy-rich South China Sea

U.S. loses WTO Appeal in Mexican Tuna Dispute

Courtesy WTO

  The World Trade Organization's Appellate Body ruled against the United States on Friday in a dispute with Mexico over tuna labelling, upholding an earlier ruling issued in April that found U.S. rules discriminated against Mexico. "The Appellate Body concludes that the United States

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