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
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
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 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
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
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.
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
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
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
Matson, Inc. agrees to acquire the primary assets formerly owned by Reef Shipping, a South Pacific shipping company based in Auckland, New Zealand. The assets to be acquired include four vessels and approximately 1,500 pieces of container equipment. The financial terms of the agreement were not disclosed and the closing of the transaction is expected to occur on or about year-end. "With this acquisition
The Coast Guard medevaced a 76-year-old man being treated for internal bleeding from a cruise ship 80 miles north of Oahu, Tuesday. An MH-65 Dolphin helicopter crew from Coast Guard Air Station Barbers Point safely hoisted the man from the cruise ship Carnival Miracle at 9 p.m
Mitsui O.S.K. Lines, Ltd. inform that it has once again been included in the Dow Jones Sustainability Index (DJSI) Asia Pacific, on which it has continuously held a spot since 2003. Companies chosen for the indices must meet international criteria for social responsibility in areas such as
The Port of Everett Seaport is adding additional lift capacity to its operations in March 2015, with the purchase of a new, 150-ton GHMK 7608 mobile harbor crane. The nearly $5.1 million investment, which was authorized by the Port Commission
Marcon International, Inc. of Coupeville, Washington reported the sale of the U.S. flag, twin screw tug “Pacific Patriot” (ex-Pacific King) from Kirby Marine Offshore to U.S. West Coast buyers on private terms. This was the 300th tug brokered by Marcon and 1
The Maritime Alliance promotes the 6th Annual event Novemeber 12-13, 2014 at the McMillin Companies Event Center in San Diego, CA as a unique opportunity to understand trends, network with leaders from the public and private sector
French Firm CGG announced today that it has been awarded contracts for the 3D seismic acquisition of four major surveys using its BroadSeisTM with BroadSourceTM, marine broadband technology. The four surveys represent a total contract value of over 80 million USD.
SENER has strengthened its presence in Asia with new appointments to head its local premises. The Company has appointed Alfonso Cebollero as new Regional Director for Asia and Pacific, where SENER’s main activity is focused on marine projects
The pilot of one of two F/A-18 Hornets that crashed Sept. 12 while operating from USS Carl Vinson (CVN 70) is in fair condition and receiving medical treatment aboard the ship. Search efforts continue for the missing pilot. At the time of the incident
Today in U.S. Naval History - September 16 1854 - Cdr. David G. Farragut takes possession of Mare Island, the first U.S. Navy Yard on the Pacific. 1917 - Navy Department authorizes establishment of 16 Naval air stations abroad 1922 - Cdr
The crew of Coast Guard Cutter Fir, a 225-foot buoy tender homeported in Astoria, Oregon, participated in a Spilled Oil Response System exercise near Blake Island, Washington, Wednesday. The exercise was part of an annual response exercise and included members of the Coast Guard 13th
Colombia's top energy company Ecopetrol is targeting production of 1 million barrels of oil equivalent per day in 2015, a steep recovery over this year, clouded by rebel attacks on infrastructure and exploration failures. Ecopetrol chief financial officer Magda Manosalva told a
Russia's Rosneft and U.S. ExxonMobil are continuing to drill in the Kara Sea and plan to stop work by Oct. 10, Russian Deputy Energy Minister Kirill Molodtsov said on Tuesday. "They are drilling and will be drilling until Oct. 10. They did have to stop on Sept
Today in U.S. Naval History - September 23 1779 - Capt. John Paul Jones in Continental Navy frigate Bonhomme Richard captures HMS Serapis. 1931 - Lt. Alfred Pride pilots Navy's first rotary wing aircraft, XOP-1 autogiro, in landings and takeoffs on board USS Langley while underway.
OSI Maritime Systems (OSI) announced the official opening of its newest office, in Canberra, Australia. Located in the suburb of Fyshwick, the Canberra office will accommodate OSI’s business development, technical, service, and training staff that will be dedicated to the
Port Metro Vancouver issued an announcement welcoming news of the signing of the Canada-Korea Free Trade Agreement yesterday in Ottawa. The agreement will significantly boost Canada’s trade with South Korea, as well as provide strategic access for the Canadian import and export market to a