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SEA SUPPLY

New CEO for Deep Sea Supply

Image: Deep Sea Supply

 Deep Sea Supply, a Cyprus headquartered owner of offshore support vessels, has appointed Jon Are Gummedal as new CEO of the company,  says a statement from the company.   Gummedal has worked with Deep Sea Supply since January 2014 as Technical Director with the responsibility of the technical management and crewing of the fleet operating worldwide.   He was previously Technical Director at Wilson, responsible for a fleet of 86 vessels. He has more than 13 years experience in the industry, the last 7 in higher management positions.    “I am looking forward to continue working to improve our position in the market. We have a strong and motivated team, a modern fleet and a healthy balance sheet that is well prepared to face the current market down turn,” says Jon Are Gummedal.   In his new position, Gummedal will retain a strong focus on the operational performance of the fleet, Deep Sea Supply said.  


Tidewater Reports 2Q Results

Tidewater Inc. announced second quarter net earnings for the period ended September 30, 2006, of $104.2 million, or $1.86 per common share, on revenues of $274.0 million. For the same quarter last year, net earnings were $82.2 million, or $1.42 per common share, on revenues of $204.4 million. The immediately preceding quarter ended June 30, 2006, had net earnings of $71.4 million, or $1.23 per common share, on revenues of $269.8 million.


O&G industry body Decom North Sea acts to try to ease predicted skills shortages

DNS Chief Executive Brian Nixon

Decom North Sea (DNS), the offshore oil & gas decommissioning forum, has commissioned research into the future labour and skills requirements for the growing decommissioning sector to try to alleviate predicted skills shortages in future. With more than £1billion a year of decommissioning expenditure forecast for the UK North Sea by 2015 and only 7% of projects completed to date, DNS will make its findings available to training bodies to help ensure appropriately skilled people


DOT Signs Metlakatla Ferry Contract

The Alaska Marine Highway ushered in a new era in marine transportation for the community of Metlakatla with the signing of a contract to between the Department of Transportation and Conrad Industries of Morgan City, LA to build a new ferry. The new vessel will provide dedicated service between Metlakatla and Ketchikan, two of the Inside Passage’s southernmost communities. Southeast Region Director, Bob Doll , represented the Alaska Department of Transportation & Public Facilities at


Low Emission Ships Aid Statoil

Statoil said savings in acid-rain-causing nitrogen oxide (NOx) from two new low-emitting ships would allow it to meet its NOx emissions reduction targets from one new power station. "We've been given permission to credit these NOx reductions against land-based projects," Knut Barland, vice-president for environment at Statoil said. "And the kind of reduction we'd be getting on these ships would meet the NOx emission reduction target for one of these (planned) power plants."


Maersk Supply Ships Q3 2013 Profits Soar

A Maersk OSV: Image courtesy of Maersk

Maersk Supply, a subsidiary of the A. P. Moller-Maersk group, came out of the third quarter of 2013 with a profit of US$76-million, against a profit of US$ 48-million in the same quarter in 2012. Revenue rose from US$ 226-million in the period of 2012 to US$ 240 million. The profit for the third quarter of 2013 improved compared to the same period last year primarily due to higher utilization and lower operating costs.


PSV 'Skandi Caledonia' Hire Extended, Rate Increased

Photo courtesy of DOF

Three more years North Sea hire for DOP platform supply vessel 'Skandi Caledonia' Norwegian offshore vessel owner DOF has secured a three-year contract extension with Danish operator Maersk Oil for its platform supply vessel Skandi Caledonia for work in the UK North Sea sector. The three-year option now exercised from October this year replaces an earlier one-year option, with the dayrate for the new period  - which was not disclosed - set to increase 25%.


GAC Russia To Upgrade Facilities At Novorossiysk Port

Logo

  GAC Russia is underlining its commitment to offshore oil & gas exploration and extraction in the Black Sea with a major project to upgrade its facilities at the port of Novorossiysk. The Black Sea is one of the areas in which the development of fields looks set to boom as Russian oil majors are granted licenses and joint ventures are formed with international energy companies to develop blocks. GAC Russia has already signed contracts with one of the key players to provide


NASSCO Awarded T-AKE 10 Funds

General Dynamics, National Steel and Shipbuilding Company, San Diego, Calif., is being awarded a $100,000,000 fixed-price-incentive modification under previously awarded contract (N00024-02-C-2300) to exercise an option for long lead time material and associated labor for the 10th ship of the T-AKE 1-Class (T-AKE 10).The contractor will perform material sourcing, material ordering, vendor interface, and material quality assurance


Ukraine's Black Sea Gas Ambitions Seen at Risk over Crimea

By Henning Gloystein, Reuters Ukrainian plans for expanding Black Sea natural gas output have been thrown into doubt by Russia's seizure of Crimea, a region linked to most of Ukraine's offshore developments. Past price disputes between Russia and Ukraine have led to the Russians cutting off supply, prompting Kiev to spur development of its own resources including onshore shale gas and Black Sea fields. Ukraine failed to pay Russian gas company Gazprom $440 million by a deadline on


US Navy, Queensland Partner with Industry

Deputy Under Secretary of the Navy for Management, Tom Hicks, left, meets with the Queensland Premier, the Honorable Annastacia Palaszczuk, center, and the Queensland Minister for Energy and Water Supply, the Honorable Mark Bailey prior to the open ceremony for the Biofutures Industry Forum at the Brisbane Convention and Exhibition Centre in Brisbane, Australia. (U.S. Navy photo courtesy of Queensland Officials/Released)

A two-day Biofutures Industry Forum hosted by the Queensland government and U.S. Navy at the Brisbane Convention and Exhibition Centre commenced today in Brisbane, Australia. The forum will bring together biofutures industry leaders from each step in the supply chain to collaborate and discuss


Shipping Traffic Resumes in Bosphorus Strait

Turkeys Bosphorus Strait (CREDIT: AdobeStock 106467797)

Traffic in Turkey's Bosphorus Strait, an important international shipping lane for oil and grain, resumed on Thursday after a brief suspension triggered by a bulk carrier suffering an engine malfunction, shipping agent GAC said. GAC said the Marshall Islands-flagged, 225-metre vessel


UK Royal Navy Contracts SEA for Sonar Support

(Photo: SEA/USASS)

Cohort plc company SEA won a contract by the UK Ministry of Defense (UK MoD) to provide support to a range of UK Royal Navy acoustic and sonar underwater systems fitted to the surface and sub-surface fleets. The two year deal to deliver the MoD Underwater Systems Architecture Advisory Service


Cobham, SpeedCast Partner to Grow Maritime Broadband

Photo: Cobham

Cobham SATCOM and SpeedCast International Limited have concluded a global framework agreement covering the provision of maritime stabilized antennas, which offers high speed connectivity at sea. The commercial framework was awarded following a multi-vendor selection process by SpeedCast


Myklebust Appointed CEO of Viking Supply Ships

Trond Myklebust (Photo: Viking Supply Ships)

The Board of Directors of Viking Supply Ships AB has appointed Trond Myklebust as Chief Executive Officer (CEO). Myklebust will also act as CEO in Viking Supply Ships A/S, and will take over the responsibilities as CEO in both companies ultimo January.


Harris Pye Chalks Up LSDO Conversions

Chris David (Photo: Harris Pye)

The Harris Pye Engineering Group has been awarded a contract by a Chinese LNG company to convert six of its vessels to low sulphur diesel oil (LSDO), with an option for conversions on further vessels to follow. The group has undertaken work, predominantly on main and auxiliary boiler plants


GNH to Expand Oerations in Northern UAE

 Gulf Navigation Holding (GNH) announces the initiation of studies for large expansion of its operations in the northern region of the United Arab Emirates consisting of a set of comprehensive maritime activities, (the GNH Northern Project), including ship building


Coast Guard Repatriate 38 Cuban Migrants

A Coast Guard Cutter Raymond Evans small boat crew interdicts 17 Cuban migrants approximately 30 miles north of Havana, Cuba,  Photo U.S.Coast Guard

The Coast Guard Cutter Charles David Jr. repatriated 38 Cuban migrants Thursday to Bahia de Cabañas, Cuba. These repatriations are a result of three separate at-sea migrant interdictions in the South Florida Straits. In each instance, the Coast Guard helped secure the U.S


SEA to Upgrade CSH on Chile Navy Frigates

Armada de Chiles Almirante Lynch, one of three Type 23 frigates that will undergo a Combat Systems Highway upgrade. Photo courtesy of Armada de Chile Photo Cohort plc

Cohort plc company SEA will start work in December on upgrading the Combat Systems Highway (CSH) infrastructure on the Chilean Navy’s three former Royal Navy Type 23 frigates. The upgrade on the Chilean frigates Almirante Cochrane, Almirante Condell and Almirante Lynch follows a similar


Two New SEA\LNG Partners

SEA\LNG, which works to accelerate the widespread adoption of liquefied natural gas (LNG) as a marine fuel, has welcomed two new partners, each representing key aspects of the LNG maritime value chain: ABS and Keppel Offshore & Marine’s Gas Technology Development.  


Damen Unveils New Dredgers

Image: Damen

Damen Shipyards Group has introduced its new line of Trailing Suction Hopper Dredgers (TSHD), comprising of the Marine Aggregate Dredger (MAD) 4000 and 5600 vessels.   Designed in collaboration with Maritime Design and Engineering Services (MD&ES)


Royal IHC Signs Contract with Shanghai Salvage

550t Reel Lay system for Shanghai Salvage (Photo: Royal IHC)

Royal IHC has announced they have signed a contract with Shanghai Salvage in China for the supply of an integrated 550t Reel lay system. This will be the first Reel lay system in the Chinese market and will be one of the largest and most sophisticated Reel lay systems worldwide.


EU to Patrol for Somali Pirates Until end 2018

File Image (CREDIT: IMB)

The European Union's naval mission will keep patrolling for pirates off the coast of Somalia for another two years, to guard against any resurgence of attacks, the bloc said on Monday. The number of raids and kidnappings has fallen - though maritime officials have warned that the risk is still


Bosphorus Strait Traffic Suspended after Collision - GAC

Traffic in Turkey's Bosphorus Strait, an important international shipping lane for oil and grain, was suspended on Monday after a minor collision between two bulk carriers, shipping agent GAC said. There were no immediate reports of casualties.


Oversupply Remains - Drewry

Fig 1 Source Drewry Maritime Research, derived from Container Trade Statistics

The withdrawal of Hanjin tonnage has not been enough to rectify the trade’s supply-demand imbalance and headhaul ship utilisation is lower compared to other major East-West markets. Westbound volumes rose by 1.8% in the third quarter and the growth rate for the year to date is now






 
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