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Bohai Bay

China Plans Bohai Bay Economic Hub in the North

The central government is considering plans to upgrade regional cooperation between Beijing, Tianjin and Hebei province to build a trilateral economic sphere in the Bohai Bay area, according to Xinhuanet. The Bohai Bay area is considered China's third economic engine, alongside the Pearl and Yangtze river deltas. A final blueprint covering issues such as logistics, tourism and environmental protection will be drafted based on the three proposals, with input from experts, industry insiders and central government departments, reports Xinhuanet, citing Zhang Zhiqiang, head of the Tianjin Development and Reform Commission. Tianjin, a port city with a population of 14 million, is linked to Beijing by several highways, or a 30-minute trip by high-speed railway, while Hebei, a traditional industrial and transportation hub with rich natural resources and about 73 million residents, surrounds Beijing and Tianjin. Source: Xinhuanet  


Bohai Bay Oilfield Output to Double

CNOOC reportedly plans to more than double production at the Bohai Bay field to more than 27 million metric tons, or about 542,000 barrels a day, in five to six years as new fields come on stream, according to a report in the Herald Tribune. China is said to be encouraging its oil and gas producers to step up production to meet rising consumption spurred by an economy that rose 11.9 percent in the second quarter. Chinese oil demand will likely increase 5.9 percent to 7


CNOOC Announces Discovery

CNOOC Limited announced that it has achieved a new discovery, Luda (LD) 27-1, in Bohai Bay. Discovery well LD 27-1-1 is an independent wildcat spudded this July. The well was drilled in 16 meters of water to a total depth of 2772 meters. LD 27-1-1 encountered 34 meters of oil pay in 7 pay zones. The well was tested to flow 179 barrels of oil per day from three intervals 1170-1180, 1261-1267, 2691-2696 metres during drill stem tests.


CNOOC Completes Bohai Bay Appraisal

CNOOC Limited announced the successful completion of BZ19-4N-2D, an appraisal well drilled in Bohai Bay. BZ19-4N-2D, located on Structure BZ 19-4N on Block 11/19, was drilled in 23 m of water to a total depth of 2,390 m. Drilling of BZ19-4N-2D began in August 2005. The well encounters 98.5 m of pay zones. Two drill stem tests (DST) were conducted in two intervals. During the tests, the well flew about 770 barrels of oil per day and 0.15 million cubic feet of gas through a 7.94 mm choke.


CNOOC’s BZ25-1/BZ25-1South Oilfields in Full Production

CNOOC Limited announced that its BZ25-1/BZ25-1South oilfields, which suspended production due to facility damage caused by strong winds in November 2009, are back into production. Currently, the production capability of BZ25-1/ /BZ25-1South oilfields has recovered to its normal level. The fields can produce about 27,000 barrels of oil per day before the incident. After the strong winds, in order to resume its production as early as possible, the company, together with its partner


New CNOOC Fields in Bohai Bay Start Production

CNOOC Limited announced that its two new oil fields, BoZhong (BZ) 26-3 and LuDa (LD) 32-2 in the Bohai Bay have successfully commenced production recently. BZ 26-3 is located in the central part of Bohai Bay, neighboring producing field BZ 25-1S. The field has an average water depth of about 25 meters. The development and production operations of BZ 26-3 mainly rely on the facilities of its surrounding oilfields. With 4 wells online currently


Tianjin Gets OK for Shipbuilding Industrial Fund

's National Development and Reform Commission has recently approved , a municipality in the north of the country, to prepare for establishment of a CNY 20 billion shipbuilding industrial investment fund. It is the second industrial investment fund the city sets up after Bohai Industrial Investment Fund was launched. So far, is the pilot city with the most industrial investment funds the authority permitted nationwide.


Bohai Ship Building Orders Exousia Coatings

Exousia Advanced Materials, Inc., through its China subsidiary, Tianjin Advanced Materials Inc., announced that the company has received an initial order from Bohai Ship Building and Repair to supply marine industrial coatings. This order, for approximately $250,000, will include a mix of zinc-rich epoxy primers to advanced non-skid coatings that integrate Exousia's patented Vistamer engineered particles. Exousia manufactures resins, engineered particles


Strong Winds Hit Haiyangshiyou 113

CNOOC Limited announced that the Floating, Production, Storage and Offloading (FPSO) vessel Haiyangshiyou 113 shifted from its moorings by strong winds in the Bohai Bay area, has been safely secured. There were no injuries or oil spills. Operations at the BZ25-1/BZ25-1South oilfields were shut-in on November 10 as a safety precaution during the strong winds, and recovery activities are now being remobilized BZ25-1/BZ25-1South oilfield is a joint project developed with Chevron. CNOOC Ltd


China Terminal Joint Venture for Odfjell SE

Odfjell SE has made an agreement to enter into a joint venture via its subsidiary Odfjell Terminals Asia Pte Ltd (Singapore), with Tianjin Economic-Technology Development Area (TEDA) via its subsidiary Nangang Port Company to develop a terminal and marine facilities for bulk liquid chemicals, petroleum products and gases in the Nangang Industrial Zone (Tianjin) in China.   The initial phase of the joint venture will consist of three deep sea berths and have a total storage capacity of


Transnet National Ports Authority Orders 9 Voith Water Tractors

Voith Water Tractor tugs are in operation worldwide

  In South Africa’s largest local shipbuilding contract Transnet National Ports Authority has ordered nine new Voith Water Tractors (VWT) for use in several ports across the country. This is also the largest order in the history of Voith marine technology.


Pine Galaxy Expected to Arrive in San Francisco Today

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  The disabled mixed-products tanker Pine Galaxy is expected to arrive in San Francisco Wednesday morning. The ship is being towed by commercial tug to San Francisco Bay. It will be met by additional tugs to ensure increased control of the ship is maintained during the transit inside the


Pine Galaxy to Arrive SF Bay Wednesday

The disabled mixed-products tanker Pine Galaxy is expected to arrive in San Francisco Wednesday morning. The ship is being towed by commercial tug to San Francisco Bay. It will be met by additional tugs to ensure increased control of the ship is maintained during the transit inside the Port of


Today in U.S. Naval History: August 27

USS Observation Island (E-AG-154). U.S. Navy photo

Today in U.S. Naval History - August 27 1917 - Squadron of minesweepers departs U.S. for service off France 1944 - USS Stingray (SS-186) lands men and supplies on Luzon, Philippines to support guerilla operations against the Japanese.


Solomon Islands Capital Needs to relocate to Combat Tsunami

Solomon Island

BMT WBM (BMT), a subsidiary of the BMT Group, a leading international maritime design, engineering and risk management consultancy, has partnered with Buckley Vann town planners and the School of Civil Engineering at the University of Queensland to develop a comprehensive climate change adaptation


Dangerous Goods Restriction in South China Outports

  In view of the forthcoming China National Day Holiday from October 1 - 7, 2014 please be informed that operation restrictions will be in place for import shipments to South China (including Guangdong, Guangxi, Hainan and Yunnan Province).


USCG Issues Boating Under Influence Citation in Massachusetts Bay

    ..

  Coast Guard law enforcement crews issued a boating under the influence citation to the operator of a vessel late Sunday night in Massachusetts Bay. Watchstanders at Station Point Allerton received notification of a 12-foot Boston Whaler that was adrift and disabled off of Nantasket Beach


Today in U.S. Naval History: August 20

Image: NOAA

Today in U.S. Naval History - August 20 1952 - In interservice air operation at Chang Pyong-ni, Korea, U.S. Navy, Marine and Air Force aircraft destroy 80 percent of assigned area. 1959 - USS Thetis Bay (LPH-6) completes six-day humanitarian operation after floods in Taiwan.


Containership Cleared of Ebola Risk

Image courtesy of VesselValue.com

Containership Hammonia Pacificum has been cleared of Ebola risk at the Port of Ricahrd Bay after being stopped previously at several West African ports, according to online ship intelligence and information service VesselsValue.com. The ship, though carrying a 'quarantine alert' yellow flag


The World's Most Expensive Jones Act Tanker

courtesy of VesselsValue.com

The series highlighting the world's most expensive active vessels from online ship intelligence and information service VesselsValue.com focuses this week on the most expensive tanker vessel, which is not a VLCC but a Jones Act aframax. The first-in-class double hull tanker Liberty Bay is an


USCG Suspends Search for Missing Lake Champlain Sailor

Malletts Bay

  The Coast Guard ended its active search for a missing 65-year-old man near Malletts Bay, in Lake Champlain, Vermont, at 8:05 p.m. Sunday, pending further developments or reports. Crews searched nearly 40 square miles for Brian Webb but found no sign of him. Searching were crews from:


Voith Bags Largest Marine Order to Date

Photo: Voith

Voith wins record contract for Voith Schneider Propellers In South Africa’s largest local shipbuilding contract Transnet National Ports Authority has ordered nine new Voith Water Tractors (VWT) for use in several ports across the country


CAG Finance New SF Bay Tugboat

Baydelta tug at work: Photo courtesy of the owners

Capital Access Group (CAG) says that its $10.4 Million 504 Loan has enabled the acquisition of  a powerful, 85-ton tractor tugboat for San Francisco Bay – Baydelta Maritime's 'Delta Audrey'. Capital Access Group is a commercial real estate lender specializing in U.S


Increased Oil Storage Plays: Analysis

Reported VLCC & Suezmax Fixtures into South Africa: Image courtesy of Poten & Partners

During the last few days, various articles in the oil and shipping press have hinted at the possibility that renewed contango in the oil markets could lead to increased storage plays after several Suezmaxes were fixed for discharge in Saldanha Bay, South Africa


MN 100: Fincantieri Marine Group LLC

Fincantieri LM7_9187f EH.jpg

3301 S. Packerland Drive, Suite D De Pere, WI 54115 E-mail: jeffery.freeman@us.fincantieri.com Website: www.fincantierimarinegroup.com CEO of Fincantieri: Giuseppe Bono FMG’s President and CEO: Francesco Valente Number of Employees: 2,000 The Company:






 
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