The newest buzz among offshore operators serving the oil and gas rigs in the Gulf of Mexico (GOM) is the increased use of methanol (CH3OH) by oil companies and contract drillers. This has meant more work for supply boats carrying this alcohol product to rigs along with rig water, fuel oil and liquid and bulk mud. Methanol is used to keep the flow lines from the wellhead to the surface of the water from becoming restricted or blocked. Restricted flow from wells is becoming an increasing problem for oil companies and drilling contractors whose bottom line depends on getting every drop of oil from a well. Flow assurance is a critical issue, especially with longer tiebacks in deepwater drilling operations. The problem is that tiebacks and other extended subsea completions tend to cool the oil and gas over the longer distances associated with deepwater wells. This can cause paraffin wax buildup and the formation of hydrates on the flow lines, restricting the flow of the hydrocarbons to the surface. Paraffin wax is a natural component of oil as it flows from a well and hydrates form when methane (natural gas) mixes with water in the production line forming ice-like crystals. In some cases, the combination of cooled wax coating the flow lines plus the formation of hydrates can complete block the flow lines.
Affiliates of Drew Marine (“Drew Marine”) have reached a definitive agreement with Chemring Group PLC (“Chemring”) to acquire Chemring’s maritime interests (“Chemring Marine” or the “Company”) for a cash consideration of £32 million, subject to standard closing adjustments. Under Drew Marine’s ownership, the business will be named Drew Marine Signal and Safety (“DMSS”).
Harley Franco, Founder and Chairman of Pacific Coast operator Harley Marine Services, Inc., was a pivotal private equity speaker at a recent Marine Money conference held in New York City. Mr. Franco represented the private equity position on a finance panel consisting of public maritime companies including Overseas Shipholding Group and Horizon Line. In his presentation, Mr. Franco outlined the various finance structures utilized which enabled him to remain private
U.K.-based software house Marine Software Ltd has successfully delivered its DNV type approved Marine Planned Maintenance system on QinetiQ’s Trimaran demonstrator vessel R.V. Triton . This innovative test vessel comes after ten years of research and is the largest motor powered trimaran demonstrator ever built, also being the worlds first of class ship based on this new concept triple-hull design. QinetiQ, formerly known as the Defense Evaluation and Research Agency ( DERA )
A new 300 mt marine lift for Yank Marine is being installed at its Tuckahoe, NJ shipyard. This new 300 metric ton marine lift was transported from Marine Travelift in Sturgeon Bay, Wisconsin on ten trucks and is currently being erected on site. It was purchased using a $961,676.00 grant from the Maritime Administration under the Assistance to Small Shipyards Grant Program, and will replace Yank Marine Inc.’s existing 200 metric ton Marine Travelift.
If lifecycle asset management is at the very forefront of an economically driven shipping company, then marine coating have to be a part of that discussion. That, in part, is because the global regulatory scheme is now impacting everything from marine propulsion, vessel discharge protocol, ballast water management and everything in between. The fact that marine coatings can be at the very heart of any and all of these discussions shouldn’t surprise anyone. Stephen F
Sumitomo Marine & Fire Insurance Co. and Mitsui Marine & Fire Insurance Co. on Tuesday announced terms under which they will merge next October, creating Japan's largest non-life insurer with assets of 5.7 trillion yen ($51.6 billion). In a joint statement, the companies said 1.09 Mitsui Marine shares will be allocated for one Sumitomo Marine share. The merged entity will be named Mitsui Sumitomo Insurance Co. with Mitsui Marine president Takeo Iguchi and Sumitomo Marine president
ZF Marine has been chosen as one of Mercury Marine’s suppliers of the year. Each year Mercury Marine evaluates over 1,500 suppliers, and selects only 12 to receive this award. AJ Halavacs, Pleasure Craft Segment Manager, and John Shea, Account Manager, both from ZF Marine were on hand to receive the award from Mercury Marine. It was presented last month at the Mercury Marine Supplier Conference in Sarasota. Fla
Caterpillar Marine is to launch the Cat Reman 3116, 3126 and 3126B propulsion engines for yachts at the 2014 Miami International Boat Show. Re-manufactured using only 100% Caterpillar re-manufactured or genuine new parts, the economical Cat Reman engines will enter production in summer 2014. Caterpillar explain that these propulsion engines will be available in ratings of 304 - 456 mhp and are ideal for pleasure craft as well as fishing vessels
100 Central Avenue Hillside, New Jersey 07205 Tel: (908) 964-8812 Email: email@example.com Website: www.donjon.com President & CEO: J. Arnold Witte The Company: Donjon Marine Co., Inc. offers the marine community full-service solutions to meet every need in the field of marine salvage, dredging, material recycling and related services. Founded in 1964, Donjon Marine’s principal business activities were marine salvage, marine transportation, and related services
Cummins Inc., a manufacturer of diesel engines and generator sets for the marine industry, has launched a new Onan marine U.S. Environmental Protection Agency (EPA) Tier 3-certified generator, the 55-kW MDDCM. “The expansion of our EPA Tier 3 marine product lineup to 55 kW with the MDDCM
The Captain of the Port (COTP), Delaware Bay is notifying mariners that Ice Condition 3 has been set for the Port which includes the Delaware Bay and River, the C&D Canal, Cape May Harbor and Canal, and the ICW. This means that weather conditions are favorable for the formation of ice in
Harvey Gulf announced the opening of the first marine LNG fueling terminal in North America. Less than a year after the delivery of the M/V Harvey Energy, America’s first LNG-powered vessel, Harvey Gulf accomplished another first when it completed a successful LNG bunkering of the Energy
Maritime heating, ventilation and air conditioning (HVAC) firm Teknotherm Marine has established a new subsidiary is established with the name Teknotherm Marine HVAC AS. The company, already up and running from the main office in Halden, will move to and be operating in Bergen from the second
GTT signs a cooperation agreement with Daewoo Shipbuilding & Marine Engineering aiming at the industrialization of its NO96 Max technology GTT, a designer of membrane containment systems for the maritime transportation and storage of liquefied natural gas (LNG)
The Next Generation Marine Power & Propulsion Conference will be held at the Grand Harbour Hotel, Southampton, U.K. from April 26 to 28, 2016. This unique event brings together an international group of experts armed with the latest knowledge to highlight the potential
Honda Marine is set to market its complete range of outboard marine four-stroke engines at the 2016 Miami International Boat Show, February 11-15, 2016. At this year’s show, the Honda Marine team will showcase its four-stroke outboard engine, ranging from 2
Ships with older Danelec ECDIS models are being upgraded to new hardware and software Danelec Marine has launched a program to provide free upgrades of shipboard Electronic Chart Display and Information Systems (ECDIS) to the latest technology meeting new ECDIS standards.
Guy Harvey – artist, conservationist and entrepreneur – has been selected as this year’s recipient of the Seafarers’ House International Golden Compass Award. The award is given each year to those who have achieved distinction in the maritime world
Fifteen container liner shipping companies "have offered to change their pricing practices to settle an EU antitrust probe and stave off possible fines," according to a report from Reuters Wednesday that cites two unnamed sources.
The new generation of Glass Cockpit expands Volvo Penta’s collaboration with Garmin for an advanced monitoring and control system that makes boating easier. And its clever application, which is now available for all sized boats, is being unveiled at the Miami Boat Show.
Marine Core & Charter LLC (MC2) headquartered in Dubai has taken delivery of the new build PETRA-1, the first of two, 45-meter Fast Offshore Support Vessels in a special delivery ceremony held at Dubai Maritime City on February 10, 2016.
Cunard’s luxurious flagship, the iconic 2,620 passenger ocean liner Queen Mary 2, will undergo an interior refit at the hands of McCue Marine during a 25-day multimillion-pound dry-dock at the Blohm & Voss Shipyard in Hamburg, Germany between May 27 and June 21, 2016.
Liverpool City Region (UK) based ship engine specialist James Troop & Co has won an order to supply Volvo Penta diesel engines for three European naval vessels being built on Merseyside. James Troop, one of the UK’s major Volvo Penta Centers
Sea IT has entered a long term ICT agreement with Veritas Tankers. The agreement comprises installation of BlueCORE Generation 4, an ICT platform specifically developed for the marine industry, and BlueCONNECT, a virtualized software which acts as mail server and carrier controller.