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YACHT BASIN

Statoil & Partners Win Offshore Canada Bid

(Image courtesy Statoil)

Statoil, Chevron Canada and Repsol E&P Canada have been named the successful bidders for exploration rights on two land parcels in the Flemish Pass Basin, offshore Newfoundland and Labrador, Canada. This was the result of a land sale issued by the Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB). The land parcels are located west of Statoil’s Mizzen discovery in the Flemish Pass Basin. Statoil will be the operator of both licences with a 50 % interest. Chevron Canada has 40 % and Repsol E&P Canada has 10%. "Statoil is continuing to invest in the resource potential of offshore Newfoundland and Labrador,” says Erik Finnstrom, senior vice president for Exploration North America in Statoil.  "We are pleased to learn that we have been successful expanding our already strong portfolio in the Flemish Pass Basin. This offers promising growth opportunities near our Mizzen discovery, deepens our exploration portfolio in the region, and supports Statoil’s ambition of building material positions in new offshore clusters.” In 2011, Statoil operated an exploration program on its Fiddlehead prospect in the Jeanne d'Arc Basin and on its Mizzen discovery in the Flemish Pass Basin, as well as conducted a seismic program on its EL 1123 licence. Statoil also  participated in the Suncor Energy-operated, Ballicatters discovery in the Jeanne d’Arc Basin.


New Standard gets Revised Program for Cooper Basin Approved

New Standard Energy Managing Director Phil Thick

  New Standard Energy Limited (New Standard) advises that it has received approval for amendments to its five year work program in PEL570 in the Cooper Basin. As part of the revised program, New Standard now has seismic and drilling to commence in Year Two before the new deadline of March 2016, with only minor expenditure on geological studies in Year One required before then. New Standard requested a suspension of the work program for PEL570 acreage and a deferral of the planned


Superyacht Sector has Presence at SMM

SMM is increasingly becoming a platform for the upmarket segment of super yachts. This area is presented at the SMM at Hamburg Trade Fair by shipyards, and all relevant equipment suppliers exhibit at the leading shipbuilding fair. For the first time this year there will be a special exhibition focus on super yachts in Hall 8. Over 1,600 companies from 50 countries will present the latest developments in all areas of the maritime sector at 22nd Shipbuilding, Machinery & Marine Technology


Reclamation Of Ayer Chawan Basin, Jurong Port

During the period of reclamation of Ayer Chawan Basin, Jurong Island, Singapore –which has now been extended and will be conducted from 15 June to 14 December –bulk carriers, self-propelled barges and pusher tugs with barges in composite unit carrying bulk sand will transit the Banyan Basin, Sinki Fairway, Temasek Fairway and West Jurong Channel to Ayer Chawan Basin reclamation project area. Masters of vessels and harbour craft shall keep a proper lookout for these vessels


Ingot and Tò-Kalòn Nominated for Awards

burger.jpg

Burger Boat Company announced that Asia-Pacific Boating and China Boating magazines have nominated Tò-Kalòn, a 101 ft Burger Enclosed Bridge Motor Yacht, for “Most Innovative Exterior Yacht Design of the Year” and INGOT, a 153 ft Burger Tri-Deck Motor Yacht, for “Best Motor Yacht” (86 feet and up) for the 2009 Asia Boating Awards. The Annual Asia Boating Award was created by Asia-Pacific Boating and China Boating magazines to recognize the best of the


Repair Capacity Running Low in Cape Town

The Port of Cape Town is experiencing pressure on its ship-servicing and marine-surveyor services due to insufficient capacity, says Arthur James, head of maritime law at law firm Webber Wentzel Bowens, according to a report on www.businessday.co.za. James has warned that if nothing is done, the city’s port might soon lose lucrative business to other ports such as Walvis Bay, Luanda and Maputo, costing jobs and economic growth.


Navis Wins DNV Autopilot Approvals

Navis AP4000 autopilot.

DNV MED-B certification opens yacht market for Navis AP4000 autopilot. Helsinki-based Navis Engineering Oy has passed an important milestone in the yacht sector, after receiving MED-B type approval for its latest generation type AP4000 autopilot from classification society Det Norske Veritas (DNV). Issued for a five-year period, the MED-B certificate provides assurance that the product complies with all the relevant international standards imposed on marine equipment of this type


Floyd Joins Bradford Marine

Jimmy-Floyd-024_web.jpg

Bradford Marine, Inc. announced that James (Jimmy) Floyd has joined the Bradford Marine Team as Sales and Marketing Professional. Floyd has an extensive knowledge of the yachting industry.  He started his yachting career many years ago as Dockmaster at Bradford Marine, and since 1981, he has been involved in the yachting industry through Smallwood's, a well-known family business. Bradford Marine is one of the world’s largest undercover yacht repair facilities


Palmer Johnson Introduces Sport Yacht Series

By Larry Pearson Palmer Johnson, luxury yacht builder, has a new president and is introducing a new line of sport yachts. Mike Kelsey, Jr. was elected president of the Sturgeon Bay, Wisc. yacht builder in June 2004. Kelsey's grandfather, Patrick Haggerty, founder of Texas Instruments, purchased the yard in 1961. Kelsey's father Mike Kelsey, Sr. immediately went to work for Haggerty and passed the knowledge of fine yacht building down to his son.


Fortuna Awarded As Innovative Yacht

The gas-turbine-powered yacht, Fortuna, was selected for the award, most innovative motor yacht for 2000, during the Eleventh Annual Showboats Awards in Monaco. The yacht, for the Spanish Head of State, was purpose-built from the naval architectural and marine engineering design and specifications developed by Donald L. Blount and Associates, Inc., (DLBA) with offices in Chesapeake, Va. Blount accepted the award in Monaco for the design. Fortuna, with a length of 136 ft


This Day In Naval History: June 27

1861 - While commanding a gunboat flotilla, Cmdr. James Harmon Ward is mortally wounded by a musket ball while aiming the bow gun of his flagship, USS Thomas Freeborn at Mathias Point, Va. Ward is the first US Naval officer casualty of the Civil War.   


POSH Bags Shell FLNG Contract

Photo: PACC Offshore Services Holdings Ltd.

 Singapore’s offshore marine services provider PACC Offshore Services Holdings Ltd. (POSH) has been awarded a contract to support Shell’s Prelude floating liquefied natural gas facility using its semi-submersible accommodation vessel the “POSH Arcadia”.  


Crowley Adds Houston-Caribbean LCL Service

Photo: Crowley Maritime

Starting July 1, Crowley Maritime Corporation will offer weekly, fixed-day, less-than-container-load (LCL) shipping services from Houston to 33 port destinations throughout the Caribbean Basin, the shipper announced today.   The new logistics service is designed to enhance supply chain


Shetland Race Yachts Due at Lerwick

Yachting - Lerwick  Courtesy Lerwick Port

The annual Shetland Race from Bergen will be at Lerwick from Thursday 23 to Saturday 25 June. 2016 marks the 30th annual race which started in 1987 – that first year with only one competitor actually making the trip but it still ranked as a qualifying race


New Cargo Ship MV Frijsenborg Calls Port Everglades

Welcoming Frijsenborg Master Francesco Rafanelli to Port Everglades are, from left: John Mullins of Portus, and from Port Everglades: Deputy Port Director Glenn Wiltshire, Business Development Manager Robert Barcel ó, Chief Executive Steve Cernak and Assistant Director of Business Development Jean Elie. (Photo: Port Everglades)

Broward County's Port Everglades today welcomed Nordana's newly built cargo ship MV Frijsenborg on the vessel's maiden call to South Florida. Port Everglades Chief Executive & Port Director Steve Cernak and Deputy Port Director Glenn Wiltshire presented a traditional plaque and port challenge


NATO Accelerates Military Buildup in Black Sea

Photo: NATO

 The NATO buildup in the Black Sea is part of the alliance's strategy to expand its military presence along Russia's borders. The move would destabilize the situation in the region, says a report in Sputnik.   Russian state media reported earlier this month that the USS Porter, a U.S


Bulgaria Will Not Join Any NATO Black Sea Fleet After Russian Warning

Bulgaria's prime minister said on Thursday he would not join a proposed NATO fleet meant to counter Russian forces in the Black Sea as he did not want a war there, a day after Moscow warned against any build-up.   Boiko Borisov said he did not want to see frigates sailing past the tourist


Merchant Ship Rescues Yachties near NZ

Southern Lily. Photo by Ministry of Defence, New Zealand

 The container ship Southern Lily  sailing around 500km north of New Zealand were able to save two men and a womanfrom the battered yacht Platino.   Five crew members were sailing the multi-million dollar yacht Platino from Auckland to Fiji on Monday when foul weather tore down


Kapellskär Port All set to Receive Biggest Vessel

A new 245 metre-long pier has now been completed and is ready to handle the vessels and freight volumes of the future Photo Port of Kapellskär

The Port of Kapellskär, Sweden, is being rebuilt to be able to accommodate larger vessels and meet market demands for current and future freight volumes. Now that the new 245 metre-long pier is completed, the port has two new modern quay-berths


Containership Joins Rescue Effort

A containership is rerouting to assist three people aboard the battered yacht, Platino, 550 kilometers north of New Zealand, after a crewman was lost overboard and another died when hit by rigging yesterday morning.   An RNZAF P3 Orion is already out searching again this morning for the man


Skytech's BB75 Ka-band Antenna Ready for THOR 7 Services

Telenor Satellite announced that is has approved the BB75 Ka-band antenna, produced by telecommunications company, Skytech, for use with Telenor’s new THOR 7 Ka-band payload.  Skytech is the latest antenna supplier to receive approval from Telenor Satellite for its recently launched


Team Oracle, Airbus Team up to Build Flying Yacht

Oracle Team USA  has won the last two America’s Cup competitions. Photo: Airbus S.A.S

 European planemaker Airbus Group SE has forged a technology partnership with Oracle Team USA as this championship sailing squad prepares to defend its title in the 2017 competition for America’s Cup – which is the oldest international sporting trophy of the modern era (born in


This Day In Naval History: June 10

USS Firebolt (PC 10) (U.S. Navy photo by Randall Damm)

1854 - The first formal graduation exercises are held at the U.S. Naval Academy at Annapolis, Md. Previous classes graduated without a ceremony. Rear Adm. Thomas O. Selfridge and Rear Adm. Joseph N. Miller are two of the six graduates that year.


Nine Rescued from Yacht Fire near Shetland

Photo: Maritime and Coastguard Agency

 A skipper and his crew have been rescued from a life raft after their yacht - The Miracle - caught fire off the coast of Shetland, Scotland.    According to a BBC report, nine people have been rescued after a yacht caught fire off Shetland


Golar LNG Hit by Weak Market

Pic: Golar LNG Ltd

 Oscar Spieler-led LNG shipowner Golar LNG Ltd. (GLNG) on Tuesday reported a loss of $80.1 million in its first quarter.   The results did not meet Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of 41 cents per share






 
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