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.
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
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
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
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 Northwest says it has strengthened its marine presence and expertise recently by adding two new professional to its marine organization as follows: Geoff Conrad – Marine Director at Cummins Northwest informs that Mike Fourtner has joined as the newest member of the sales team with focus on developing the commercial marine markets in Oregon and Washington. Mike has an extensive marine fisheries and vessel operations background that should serve customers well in selling
Caterpillar Marine says it is due to unveil new power ratings for the Cat C175 propulsion engine for commercial vessels at the 2014 SMM Exhibition, currently underway in Hamburg, Germany. Designed specifically as a high speed power solution for commercial applications including ocean going and harbor tugs, the C175-16 propulsion engine is now available with ratings of 2239 bkW - 2550 bkW @ 1800 rpm. The new ratings extend Caterpillar Marine’s high-speed engine power range beyond the
Volvo Penta today announced a new extended service interval for its commercial marine diesel engines. Under the new program, owners can double the maximum oil change interval to 1,000 hours for Volvo Penta D9, D11, D13 and D16 engines by meeting the following requirements:
IMTRA today released its Omega LED lights. Designed specifically for recessed lighting applications in large yachts, the DC-powered Omega LED lights feature a high-quality, high CRI (Color Rendering Index) that reveals the colors of objects faithfully in comparison with ideal and natural
Yanmar Marine International (YMI) will show its new range of common-rail fuel injected marine diesel engines rated for leisure marine and workboat applications at METS 2015, RAI Amsterdam, November 17 - 19. Topping the bill of new inboards is its in-line six-cylinder is rated at 440 mhp
ACE Winches hosted a delegation from SPRING Singapore to its Towie Barclay Works facility for a visit to share an overview of its products and services, including manufacturing and engineering expertise. Several delegates from the Marine and Offshore Department in SPRING Singapore were
Mercury Marine informs it has signed a supply agreement with FPT Industrial to make the FPT 6.7L mechanically fuel injected NEF engines available for sale in global markets. Martin Bass, Mercury Marine vice president of global category management, said
Sea Trucks has completed sea trials of the DP3 offshore construction vessel Jascon 18 in Singapore. Jascon 18 features a 1,800-metric-ton crane, 1,800 sq m deck and a 750-metric-ton pipelay system. Capable of performing a wide variety of marine construction and pipelay tasks in both ultra
Seaspan Corporation has accepted delivery of a 14,000 TEU containership new build, the YM Warmth. The new containership, which was constructed at Hyundai Heavy Industries Co., Ltd., is Seaspan's sixth 14,000 TEU SAVER design containership and eighth delivery in 2015.
National Shipping Company of Saudi Arabia (Bahri), the exclusive oil-shipper for Saudi Aramco, reported a significant hike in third-quarter net profit on Thursday. The company's net profit for the three months to Sept. 30 was 510.3 million riyals ($136.1 million), up from 84
The Royal Thai Navy has ordered a new 32-meter tug from shipbuilder Italthai Marine Limited of Thailand, announced the vessel’s designer, Robert Allan Ltd. Italthai Marine, whose Managing Director Wirat Chanasit inked the construction deal with Navy Commander Admiral Krisorn
Indonesian and Australian authorities have signed an agreement to combat illegal, unreported and unregulated (IUU) fishing and to promote sustainable fisheries governance across the region. The Ministry of Maritime Affairs and Fisheries has signed a cooperation agreement with the
Boskalis today announced their collaboration with GoodFuels and Wärtsilä in a two-year pilot program to accelerate the development of truly sustainable, scalable and affordable marine bio-fuels. Bio-fuels today are not part of the marine fuel mix that operators and owners can
The Port of Ipswich is hosting Associated British Ports’ (ABP) two-day annual Marine Conference for the first time starting today. Held at the Old Custom House on the Ipswich waterfront, the conference is an annual event for more than 30 marine professionals who represent
Organisations representing the global shipping and oil industry have announced that the size of the ‘High Risk Area’ for piracy in the Indian Ocean has been reduced and issued new advice to merchant ship operators. This reduction to the High Risk Area is in response to the
Willard Marine, Inc. unveiled its new SEA FORCE 777 this week at the Pacific International Maritime Exposition in Sydney, Australia. The military-grade, fiberglass, rigid hull inflatable boat (RHIB) is 7.77-meters long, 2.74-meters wide and designed with a deep-V hull
Transas ECDIS has been selected for installation on board 20 surveillance vessels under operation of the Directorate General of Marine Resources and Fisheries Surveillance, Ministry of Marine Affairs and Fisheries (PSDKP – KKP), Republic of Indonesia.