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GAC Keeps Shipping Moving in Egypt

  As political developments continue to unfold in Egypt, GAC is playing its part in keeping shipping moving in the country, Group Vice President for Africa, Russia & Central Asia, Erland Ebbersten is assuring clients.   Despite the unrest, transits through the all-important Suez Canal have continued as normal, and port operations are being conducted as much as possible under the circumstances, he said from his Cairo office.   The biggest challenge that GAC and its clients faced was the shut-down of access to internet and mobile phone networks during the first week of the crisis.   “Alternative means of keeping in touch with clients had to be immediately established,” said Ebbersten. “Emails to GAC Egypt were re-routed to colleagues working abroad at the time, who coordinated with their colleagues locally, to maintain a flow of accurate, up-dated information to clients. Faxes and some land-lines were still working, so those colleagues were able to print off and fax the emails to the relevant office in Egypt.   “The lack of internet interrupted our usual banking procedures, so we liaised closely with the banks and quickly set up emergency telephone banking with high security measures to ensure that Suez Canal transits and other operations dependent on the swift movement of funds continued as normal.”  


LHWCA Statute of Limitations

In an unpublished decision, the U.S. Court of Appeals for the Fourth Circuit ruled that the one-year statute of limitations under the Longshore and Harbor Workers' Compensation Act (LHWCA) does not commence to run until the claimant knew or had reason to know that the injury was likely to impair his earning capacity. In the instant case, plaintiff hook man injured his back while working in a shipyard in 1993. He was temporarily out of work, but then worked regularly for four years


Northrop Grumman Redelivers USS Enterprise

Northrop Grumman Corporation’s Newport News sector has successfully redelivered the world's first nuclear powered aircraft carrier, USS Enterprise (CVN 65), to the U.S. Navy after an Extended Drydock Selected Restricted Availability (EDSRA). The redelivery took place May 7 after successful sea trials. "This accomplishment is the result of a lot of hard work by the shipbuilders of Northrop Grumman Newport News and by the Navy," said Bob Gunter, senior vice president, Aircraft Carrier Programs


Back to Work in Dennis' Wake

A transportation operator at Northrop Grumman's Pascagoula shipyard directs a 100-ton material transporter carrying a 13,800-volt power substation past a Goliath gantry crane. The substation, moved to avoid Hurricane Dennis, was set back in place in preparation for shipyard work that will resume Tuesday.


NOIA Applauds Passage of HR 1229

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Washington, D.C. – National Ocean Industries Association (NOIA) President Randall Luthi today issued the following statement on the approval of HR 1229, `Putting the Gulf of Mexico Back to Work Act': “We applaud the bi-partisan passage today of HR 1229, `Putting the Gulf of Mexico Back to Work Act'.   The legislation is important to oil and gas companies because it lays the foundation for consistency and reliability in the offshore permitting process


US: $4B in Loan Aid for Renewable Energy

Are increased use of offshore wind farms in the future for the U.S.?

The U.S. Energy Department on Wednesday unveiled a plan for up to $4 billion in loan aid for renewable energy companies to help rejuvenate a program that faced harsh political attacks over past failures of federally subsidized projects. The Obama administration's draft plan would provide loan guarantees for innovative projects that limit or avoid greenhouse gas emissions. It will specifically focus on advanced electric grid technology and storage, biofuels for conventional vehicles


FirstWave/Newpark Lands Diamond Offshore Job

FirstWave/Newpark Shipbuilding has been awarded a contract by Diamond Offshore Drilling of Houston, Texas for completion of upgrades to the drillship Ocean Clipper, which returned to Galveston for the additional upgrades on August 16. "We're pleased that Diamond brought Ocean Clipper back to our yard for this project," said Francis Fair, FirstWave's executive vice president Galveston Operations. "FirstWave performed work on Clipper earlier this year


New Maritime Exhibition Planned

Cyprus’ MIE Group, Limassol, is arranging an exhibition of marine equipment managers and services (East Med Marine Exhibition) during 7-8th April next year (2005) at the Hawaii Grand Hotel & Resort, Limassol. Backed by the Cyprus Minister of Communications and Works, the exhibition will not only have exhibitors that use MIE as their agent in Cyprus, but also other marine equipment and service companies. Some 45 companies have already signed up for this exhibition


Brinker Exceeds Operator Requirements, Zero Failures

UK based, oil and gas technology company Brinker is celebrating a year of zero failures as its game-changing Platelet barrier technology redefines working practices in the global well integrity market. It is estimated at any one moment, across the world, between 20 and 30% of existing wells do not operate due to integrity issues. Brinker’s Platelet technology enables operators to bring shut-in wells or wells producing under dispensation back online in a matter of hours.


Gibdock Completes Work on Spirit of Adventure

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Gibraltar-based Gibdock has recently completed a drydocking contract for UK-based Saga Holidays. Last month, the niche cruise operator docked the 9,570gt, 139m long Spirit of Adventure for a 10 day program of works, including steel repairs to the bulbous bow and a comprehensive external clean and repaint. Richard Beards, Gibdock Commercial Director, comments: “This is another important breakthrough for the yard, as it is the first time we have had the opportunity to work for Saga


US FMC Commissioner Visits Panama Canal Expansion Sites

Official photo of Commissioner Doyle

Counsel to the U.S. Federal Maritime Commission informs that  Commissioner William P. Doyle has recently surveyed the construction site on a visit to the Pacific-side of the expanded Panama Canal. Doyle viewed construction sites on the Pacific side and received extensive updates on several


Damen Launches Kuwait Oil Company’s New Tug

Photo: Damen

First of 14 ASD Tugs launched at Damen Shipyards Galati The Kuwait Oil Company’s (KOC) new ASD Tug 3212 was launched end of March at Damen Shipyards Galati, Romania. The ceremony marks the first in a 14-terminal tug contract between the two companies whose working relationship spans more


Keppel Q1 Profits Dip Slightly

Maersk Intrepid was delivered by Keppel in Q1 2014 (Photo courtesy Maersk)

The Keppel Corporation released its limited unaudited results for the first quarter ending March31, 2014, reporting a 5% decrease in net profits to S$339 million compared to Q1 2013's S$357 million, though the company attributed the decline to one-off gains from the reversal of provision from the


Putin set on defusing Ukraine crisis

Foreign ministers from East and West will try to defuse the Ukraine crisis on Thursday in Geneva, once frequently the scene of Cold War negotiations, but will risk being upstaged by Russian President Vladimir Putin. With Russian troops massed on the border with Ukraine


Ship Ready to Destroy Syria's Chemical Arms at Sea

The container ship M/V Cape Ray departs Portsmouth, Va., Jan. 10, 2014, for sea trials. U.S. Navy photo by Petty Officer 3rd Class Lacordrick Wilson

Experts on board a cargo ship transformed into a multimillion dollar chemical weapons destroyer said on Thursday they were ready to start working on Syria's stock of toxic arms in the middle of the Mediterranean as early as May. Now they just have to hope the weather holds and Damascus delivers


Med Crude Urals Weaken on April Cargo Overhang

Russian Urals crude weakened on Thursday in a flurry of deals as traders rushed to place end-of-April cargos. Eni sold a cargo of Urals to Total in the Baltic at dated Brent minus $1.50 for April 20-24 delivery, some 20 cents weaker than previous price estimates


GasAtacama has US LNG Providers Lined Up

Photo: GasAtacama

GasAtacama, energy provider to metal producers in Chile's Atacama desert, has lined up eight potential U.S. natural gas suppliers for a proposed import terminal on its Pacific Coast, but uncertainty about energy demand has delayed deals, CEO Rudolf Araneda told Reuters on Thursday.


Padbury Mining Secures $6.5 Bln Port Funding

Source: Padbury Mining

Australia's Padbury Mining Ltd said it had secured almost $6.5 billion in funding to build a new deepwater port and railway at Oakajee in Western Australia, potentially opening a new export hub for the region's iron ore riches.   Plans for a port at Oakajee in Western Australia's Midwest


Libya's Coastguard Detains 400 Immigrants

Libya's coastguard has detained more than 400 immigrants, mostly from the Horn of Africa, in its waters in the past two days as they tried to illegally cross to Europe in small boats, Libyan officials said on Thursday.   The coastguard picked up five boatloads of people


More Disruption at Libya's Oil Ports

Libya may have averted a state collapse by striking a deal with eastern rebels to reopen occupied oil ports, but technical delays and simmering federalist dissent threaten to disrupt production once again. On Sunday, Libya's fragile government reached an agreement with Ibrahim al-Jathran


Nanjing Tanker To Be Delisted, First By Central Gov't Backed Firm

 Loss-making shipping company Nanjing Tanker Corp will be delisted from the Shanghai Stock Exchange after a five-day grace period, marking the first time for a company backed by the central government to be dropped from a domestic exchange.  


Ukraine Gives Rebels Deadline To Disarm Or Face Military Operation

 Ukraine has given pro-Russian separatists a Monday morning deadline to disarm    or face a "full-scale anti-terrorist operation" by its armed forces, raising the risk of a military confrontation with    Moscow.  


Topaz Secures another West Africa Contract

The Topaz Faye

Topaz Energy and Marine, an offshore support vessel company with primary operations in the Middle East and Caspian, announced a new contract win for its fast growing West Africa operation. Under the terms of the $11 million agreement, Topaz will supply a global oil major with a platform supply


New Joint Venture Targets Nuclear Industry

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International maritime logistics expert Cory Logistics, part of Braemar Shipping Services plc, has formed a joint venture with universal supply chain specialist Navarm Limited to create a single source provider for a full suite of maritime and land based services for the nuclear new build industry


China crude oil output up

China's refinery crude throughput in March rose 2.6 percent from a year earlier to 41.92 million tonnes, or 9.87 million barrels per day (bpd), data from the National Bureau of Statistics showed on Wednesday. Daily crude runs, however, fell 5.7 percent from 10


 
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