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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

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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


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.


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.


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


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


Technip Samsung JV Wins 2 FLNG Project Contracts

Courtesy Technip

  The Browse project covers the realization and installation of three FLNG units to develop the Brecknock, Calliance and Torosa fields in the Browse Basin, 425 kilometers North of Broome, Western Australia. The Browse project will capitalize on Shell's FLNG experience


Carlyle Group Acquires LMC

LMC is a 50-acre facility consisting of a boatyard, marina and marine service center

  Global alternative asset manager The Carlyle Group today announced the acquisition of Lauderdale Marine Center (LMC), the nation's largest yacht repair facility in terms of the number of large vessels it can haul and service. Equity for the transaction comes from Carlyle Realty Partners VII


Petrobras hands over Campos basin stake to PetroRio

Campos basin stake sold  to PetroRio Photo Petrobras

  Petrobras today signed with PetroRio S.A. (‘PetroRio’) the contracts for the sale of 20% of its stake in the concessions of Bijupirá and Salema fields, currently operated by Shell. The transaction amounts to US$ 25 million and is subject to adjustments that are common to


Damen, AMELS sell YSV with Heli Hanger

Amels Yacht Support  6911

  The sale of a new 69-metre Yacht Support vessel marks the next level of development for the successful Yacht Support range built by DAMEN in cooperation with Dutch luxury yacht builder AMELS. The new SEA AXE 6911 is the first in the Yacht Support range to feature the ultimate technical


Huge Yacht Carrier Headed for South Pacific

DYT Yacht Transport’s largest semi-submersible ship, Yacht Express, will make its first trip to Sydney, Australia. (Photo credit: Onne van der Wal)

New policies making it easier for foreign-flagged vessels to explore the coastlines of Australia have lead DYT Yacht Transport (DYT) to schedule its largest semi-submersible yacht carrier, the 686-foot (209-metre) Yacht Express, to deliver yachts to the South Pacific


Technip Wins Jurong's FPSO Conversion Contract

  Technip has been awarded a topsides detailed engineering and procurement services contract by Jurong Shipyard Pte Ltd. The project is part of the conversion of a shuttle tanker into a floating, production, storage and offloading (FPSO) vessel, which is built at the Jurong Shipyard


Bergen Shetland Race Yachts at Lerwick

Yachting at Lerwick

  The yacht Serenity, skippered by Fridtjov Bergmann, proudly flies the Bergen Shetland Blue Ribbon as first to finish this year’s race across the North Sea from Norway. He later received Lerwick Port Authority's trophy for first yacht over the line, at 20:56 hours on Thursday


Aggressive Superyacht Investment Pan for Blohm+Voss

superyatch.jpg

 Fred van Beers, the newly appointed CEO for Blohm+Voss, unveil details of an aggressive new investment plan in the superyacht sector.    Over the next year, the company is restructuring some independent divisions under the same roof


Boskalis Secures Dredging Work in Africa

Royal Boskalis Westminster N.V. has been awarded three dredging-related contracts on the African subcontinent with a combined value of approximately EUR 75 million.   In Angola, Boskalis has been awarded a contract by Angola LNG Ltd. for dredging activities related to maintaining the access


Containership Responds for Yacht Fire Rescue

Two New Zealand sailors and their Mexican skipper were rescued from a liferaft 280 kilometers south of Niue after their yacht caught fire just after midnight June 23, Maritime New Zealand reported.   The 15-meter U.S.-registered yacht SV Sunny Deck was travelling from Rarotonga to Tonga


World Record Attempt: Suhay Tries to Break Distance by Dinghy Mark

Photo courtesy of McMurdo

In 2014, Robert Suhay tackled the “longest single-handed distance sailed in a dinghy by a male – 283.5 nautical miles (326.24 miles)” into the face of Hurricane Arthur for a Guinness World Record. Next week, Suhay will attempt to break his own record in a 14-foot Laser dinghy


Panama Canal Expansion Nears Completion

Pacific Locks Filling

  Today, the Panama Canal has taken yet another step forward toward the completion of the Canal Expansion Program as it begins to fill the Cocoli’s locks, on the Pacific side, following a similar and successful endeavor on the Atlantic side earlier this month


Bizzarro Named President of WRI

Stasu C. Bizzarro

Effective June 1, 2015, Stasu C. Bizzarro has been appointed President of Weather Routing, Inc. (WRI, LTD), a leader in the world-wide maritime weather forecasting field for more than 50 years.  Bizzarro is an AMS certified maritime meteorologist with close to 20 years experience in the


Megayacht Launched from Cargo Ship in Turkey

HHL Valparaiso lifting the 900 metric ton and 63.1 meter long megayacht M/Y Irimari into the sea (Photo: HANSA HEAVY LIFT)

Cargo ship HHL Valparaiso’s two 700 ton cranes have lifted a new luxury yacht built by Sunrise Yachts from the dock to the sea for its world premiere in Antalya, Turkey.   HANSA HEAVY LIFT has used two of its on-board cranes, which have a combined lifting capacity of up to 1


Chevron: No Production Impact from US Gulf Storm

Chevron Corp has evacuated some workers not essential to oil production from its Gulf of Mexico operations as a low-pressure storm system moves through the basin, but output has not been affected, the company said on Monday.   Royal Dutch Shell on Monday said it was still evacuating






 
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