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.
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.
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 )
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”).
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
The directors of Marine Response Alliance LLC (MRA or Alliance) announced that McAllister Towing and Transportation Co., Inc. (McAllister) has joined the MRA as a full and equal member. McAllister is now united with the other MRA member companies—Crowley Marine Services, Inc. (Crowley), Marine Pollution Control Corporation (MPC), Titan Maritime LLC (Titan) and Marine Hazard Response (MHR) (a joint venture of Wild Well Control, Inc. and Williams Fire and Hazard Control, Inc
The UK’s marine industries contribute £3.7 billion to the UK economy each year, according to figures released by the Marine Industries Leadership Council. Comprising well over 5,000 companies, the marine industries employ around 120,000 people across the UK and have a combined turnover of £10 billion. With more than 20 per cent growth in shipbuilding and marine leisure between 2006 and 2008
Gothenburg, Sweden - SKF has announced the availability of SKF Thruster Monitoring, an integrated and flexible condition-based maintenance (CBM) solution for propulsion and positioning thrusters (tunnel and azimuthing thrusters) in the marine and offshore industries. “There is a clear desire and trend to integrate existing separate systems onboard a vessel. The SKF Thruster Monitoring solution combines all required information in one system
Trinity Marine Products, Inc., a subsidiary of Trinity Industries, Inc. announce two new executive appointments Tom Faherty has been promoted to President of Trinity Marine Products, replacing Paul Mauer, now Chief Operations Officer for TrinityRail. He has held a number of positions within Trinity Marine Products. Most recently, serving as Vice President and General Manager of the tank barge product line. He brings 36 years of experience and knowledge in the marine industry to his new
The Company: Founded in 1979, Bordelon Marine is a leading provider of Marine Transportation services operating in the Gulf of Mexico and around the world. The company owns and operates a fleet of modern offshore supply vessels ranging in size and type from DP1 Mini-supply Vessels to MPSV 260 DP2
The Company: Gencorp Insurance Group provides the Insurance and Surety needs of Marine Contractors, Vessel Operators and Shipyards throughout the country and Caribbean. Gencorp’s Marine Group facilitates the coverage placement and claims settlement for all insureds
Volvo Penta today unveiled its new family of next-generation 5.3L V8 gasoline engines for the marine sterndrive market in a press preview at the company’s Test Center in Suffolk, Va. “Volvo Penta has a rich history of innovation in marine propulsion
The U.S. Department of Transportation’s Maritime Administration (MARAD) today celebrated the launch of field trials for the first prototype hydrogen fuel cell unit to power onboard refrigerated containers. MARAD, through a cooperative agreement with the U.S
The world’s first electric commercial fishing vessel will be powered by a Corvus lithium polymer Energy Storage System (ESS) integrated with a Siemens propulsion system Corvus Energy announced a Corvus ESS with a Siemens BlueDrive PlusC marine propulsion system will power the Selfa
Metalcraft, a designer and manufacturer of fire detection and suppression equipment, is celebrating its 50th anniversary. The company serves a broad range of industries, including marine, auto racing, defense and aerospace, where its extinguishers have flown on numerous NASA missions.
Nakilat-Keppel Offshore & Marine (N-KOM), the joint-venture shipyard of Keppel Offshore & Marine and Nakilat, continues to see strong interest for its ship repair services in 2015, having already delivered more than 450 projects for shipping and oil and gas companies over the past four
North Korean vessels owned by Ocean Maritime Management (OMM) have been seen using Russian ports, says the NK News vessel tracker. OMM was sanctioned for its involvement in smuggling weapons through the Panama Canal in 2013.
Singapore’s ASL Marine Holdings Ltd said that its wholly-owned subsidiary, ASL Shipyard Pte Ltd has clinched shipbuilding contracts worth approximately SGD140m ($100m) for the construction of a series of tugs and barges.
A towboat that sank in Texas' Neches River August 21, and caused a temporary closure of the waterway, was lifted out of the water Wednesday Evening. T&T Marine, a contractor hired by the towboat company, refloated and towed the vessel Louise to Bolivar Barge Cleaning Service
ASL Shipyard Pte Ltd. a wholly-owned subsidiary of ASL Marine Holdings Ltd., has secured new shipbuilding contracts worth approximately S$140 million for the construction of a series of tugs and barges, the company’s board of directors announced Thursday.
Classification society ClassNK has carried out the independent third-party verification of Iino Marine Service’s greenhouse gas (GHG) emissions inventory based on a reasonable level of assurance. ClassNK’s verification was performed according to the requirements specified in ISO 14064
LUKOIL Marine Lubricants informs it has opened a new warehouse in Gothenburg. The marine lubricants supplier said it constantly strives to expand its global supply network, adding that the new site will enable reduced lead time and increased flexibility when delivering lubricants to
Thordon Bearings Inc. of Canada announced that CY Engineering Co. Ltd. will take over as the new authorized distributor for the People’s Republic of China, including Macau and Hong Kong, effective August 28, 2015. With this agreement, CY Engineering becomes Thordon’s stocking
General Dynamics NASSCO has invested several hundred million in capital projects as part of its efforts to increase efficiencies via modular shipbuilding, including: two 300-ton cranes allowing shipbuilders the ability to increase the size of the erectable blocks; a block assembly line to