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VESSEL RECOVERY

Hurricane Pollution Recovery Ops Update

In the aftermath of Hurricane Katrina, federal, state, local and industry personnel continue to work together to conduct pollution recovery operations to mitigate further damage to the environment. The following industries are continuing pollution recovery operations: Murphy Oil Corporation, near Chalmette, La.: - Estimated 819,000 gallons of oil have been discharged, with the vast majority contained within the existing secondary containment unit located on refinery property - Oil recovery operations are ongoing - As of Sunday, 367,000 gallons of oil and water mix were recovered using 18 vacuum trucks and 13 drum skimmers - 24-hour operations are now ongoing with the addition of two high speed pumps Shell Pipeline Company LP: - Clean-up efforts at Pilottown and Nairn continue - In Pilottown, crude oil was found leaking from an above ground storage tank and into a tank dike and the surrounding area; of approximately 420,000 gallons estimated to have leaked, more than 260,400 gallons have been recovered to date - Crude oil that remains in the tank is being offloaded into a barge. - In Nairn, approximately 10,500 gallons of crude oil was estimated to have leaked from a 20-inch pipeline - Damage to the pipeline resulted from a breach in a hurricane protection levee. The line has been de-pressurized and is no longer leaking. The area has been boomed and crews continue to clean-up pockets of oil using absorbent materials. Bass Enterprises:


Odyssey: First Load of Silver Cargo From Three Miles Deep

Odyssey Marine Exploration (Nasdaq:OMEX), announced it has successfully recovered approximately 48 tons of silver bullion from a depth of approximately three miles. This initial recovery of bullion from the SS Gairsoppa, a 412-foot steel-hulled British cargo ship that sank in February 1941, totals 1,203 silver bars or approximately 1.4 million troy ounces of silver and has been transported to a secure facility in the United Kingdom


Odyssey Recovers 1.8 Million Ounces of Silver From Shipwreck

Gairsoppa - Silver

The latest recovery from SS Gairsoppa reportedly set the world record for deepest, largest precious metal recovery. Odyssey Marine Exploration said it has recovered more than 61 tons of silver bullion this month from a depth of nearly three miles. This recovery of bullion from the SS Gairsoppa, a 412-foot steel-hulled British cargo ship that sank in February 1941, consists of 1,574 silver ingots weighing about 1,100 ounces each or almost 1


Container Recovery from RENA continues

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RENA Container Recovery Passes 800 Mark.   The number of containers recovered from the stricken Rena on Mount Mauganui’s Astrolabe Reef has risen above the 800 mark.  A total of 815 of the 1,368 containers have now been brought to port. Braemar Howells’ operations manager Neil Lloyd confirmed numbers were boosted this week with 21 containers landed on Monday, and a further eight on Tuesday.  


ICS Produces Guidelines for IMO Regulation

ICS Water Recovery Guildelines (Credit ICS)

Guidelines helping shipowners comply with a new International Maritime Organization (IMO) regulation, requiring ship-specific planned procedure for recovering individuals from the water, have been launched by the International Chamber of Shipping (ICS). Under the new SOLAS Regulation, effective July 1, all ships are required to develop plans and procedures that identify the equipment used for recovery purposes and measures to minimise the risks for shipboard personnel involved in recovery


Oceaneering Recovers MOD Lynx Helicopter

Oceeneering International has completed the search for and recovery of a British MOD Lynx Helicopter approximately 200 miles off the coast of Virginia. The helicopter was recovered from over 12,000 feet of water and in the Gulf Stream. John R. Kreider, senior vice president, Advanced Technologies, stated, “Oceaneering is very pleased to have located and recovered the LYNX helicopter for the Ministry of Defense. Despite the depth and high current at the crash site


Sea Recovery selects Martinez Marine Service

Sea Recovery Corporation has appointed Martinez Marine as its sole Caribbean distributor for sales, service and warranty claims. Martinez Marine, a leading dealer of boating hardware, electronics, and sanitation systems, is based out of Marina Puerto Del Rey in Fajardo, Puerto Rico, and has been serving the boating community since 1982.


DHS Release Maritime Infrastructure Recovery Plan

The US Department of Homeland Security released the 63-page Maritime Infrastructure Recovery Plan. The plan provides a standardized procedure for restoration of maritime transportation systems following an incident of national significance. It includes an exercise plan to maintain a level of preparedness within the maritime community. Source: HK Law


Unified Command Established to Oversee Oil Spill

An oil spill is contained June 21, near a crude oil tanker at the Clifton Ridge terminal along the Calcasieu River. The cause of the spill is under investigation by the U.S. Coast Guard and CITGO Petroleum Corporation. Coast Guard Photo The CITGO Lake Charles Manufacturing Complex, the Coast Guard and the Louisiana Oil Spill Coordinator's Office have established a Unified Command to manage the clean up and recovery of the oil spill in the Calcasieu Ship Channel near Lake Charles.


EPA Strengthens Haz Waste Shipment Regs

The U.S. Environmental Protection Agency is strengthening the regulations that govern the shipping of hazardous waste for recycling between the United States and other countries. The new measures are meant to increase the level of regulatory oversight, provide stricter controls, and greater transparency. The final rule announced today aligns EPA’s hazardous waste import/export/transit shipment regulations with the procedures of the Organization for Economic Cooperation and Development


Ship Broker Clarkson Looks to Acquire Platou

Top ship broker Clarkson is seeking to acquire Norwegian brokerage and investment bank RS Platou for 281.2 million pounds ($441 million) in a deal that would create one of the sector's biggest players globally. The deal would be the latest in an industry which has suffered one of its worst-ever


New Training for Man Overboard Response

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Falling overboard is a life-threatening emergency, not only for the person in question but also for those involved in their rescue. Every step in the rescue process has its own associated hazards and in such a fraught and potentially distressing situation a well-structured rescue plan is essential


MacGregor's Hatlapa Brand is 95 Today

Today Hatlapa branded winches, compressors and steering gear are sold worldwide. The portfolio includes anchoring, mooring and cargo handling equipment with electric variable frequency drives (VFD), and low-pressure hydrau

November 2014 marks the 95th anniversary of MacGregor's Hatlapa brand. Since its foundation in 1919 by German engineer Max Hatlapa, the formerly independent Uetersen-based company has strived for engineering excellence. Last year, in recognition of these qualities and the benefits that Hatlapa


Zargon Oil & Gas Confirms Cash Dividend

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Zargon Oil & Gas Ltd. confirms that the monthly cash dividend for the month of November in the amount of Cdn. $0.06 per common share will be paid on December 15, 2014 to shareholders of record on November 30, 2014. Unless otherwise indicated


Leistritz Debuts Three New Pumps

Leistritz Universal Cargo Pump

The offshore oil and gas industry uses Floating Production, Storage and Off-loading (FPSO) vessels to process and store gas or oil until it can be unloaded onto tankers or forwarded through a pipeline. Leistritz Screw Pumps are responsible for boosting the produced water into a hydro cyclone where


Wärtsilä’s LNGPac: AIP from DNV GL

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The new Wärtsilä LNGPac, the upgraded version of the company’s LNG fuel handling system, was granted an AIP (Approval in Principle) Certificate from DNV GL. The AIP Certificate covers Wärtsilä’s improvements to the original LNGPac.


Imtech Equips First LNG-Hybrid Barge

LNG-Hybrid Barge

Imtech Marine equipped the first LNG-Hybrid Barge with green technology by order of Becker Marine Systems. The LNG-Hybrid Barge, which will supply the AIDA cruise fleet with energy in Hamburg, is fitted with Imtech Marine’s electrical solutions and fire extinguishing equipment


MHI to Transfer Ownership Stake to MEG

  Mitsubishi Heavy Industries, Ltd. (MHI) yesterday concluded an agreement with Miyaji Engineering Group, Inc. (MEG) whereby, effective April 1, 2015, MHI will transfer a 51% ownership stake in Mitsubishi Heavy Industries Bridge & Steel Structures Engineering Co., Ltd


COSCO Chairman Expects Shipping Slump to Persist

 Ma Zehua (Photo: COSCO)

The global shipping market is unlikely to see a recovery during the next two years as it grapples with an oversupply of vessels, the chairman of China's largest shipping group said on Wednesday. The sector has been battling overcapacity since the 2008 financial crisis because new vessels


Hawaiian Market Growth Boosts Matson Q3 Results

Photo: Matson

Matson, Inc., a U.S. carrier in the Pacific, announced its results for the third quarter of 2014, in which it reported a net income of $21.5 million, or $0.50 per diluted share, compared with $17.2 million or $0.40 per diluted share in 2013, while consolidated revenue for the third quarter 2014


Keenan Named VP at Gibbs & Cox

Gibbs & Cox, Inc., an independent naval architecture and marine engineering firm, announced the appointment of Patrick J. Keenan as Vice President, Platform Solutions Group. In this role, Keenan will have responsibility for leadership and management of the company's government and commercial


DryShips Reports 3Q 2014 Results

Photo by DryShip

DryShips Inc. an international provider of marine transportation services for drybulk and petroleum cargoes, and through its majority owned subsidiary, Ocean Rig UDW Inc., or Ocean Rig, of offshore deepwater drilling services, today announced its unaudited financial and operating results for the


Endurance Appointed Custodian of 1860s Shipwreck

S.S. Connaught

Exploration Group, Inc., a company which performs shipwreck research, survey and recovery, was appointed, by the U.S. District Court for the Middle District of Florida, Tampa Division, as substitute custodian of the recovered hull fragment artifacts and any future artifacts recovered from the


High Daily Rates Boost Bourbon Q3 Revenue

Bourbon Mistral (Photo: Bourbon)

Bourbon announced its financial results for the third quarter of 2014, in which its saw revenues increase by 5.7% year on year as fleet growth and higher average daily rates were partially offset by lower utilization rates. Bourbon said average daily rates increased in almost all segments and


Willard Marine Wins US Navy RIB Contract

Photo courtesy of Willard Marine

The U.S. Navy has awarded Willard Marine, Inc. (WMI), a five-year contract to provide two types of 7-meter rigid inflatable boats (RIBs) that will serve as ready service lifeboats for search-and-rescue missions. The contract includes a standard craft based on the 7-meter RIB WMI has been






 
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