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Deep Down

Deep Down Constructs Carousel System

Deep Down, Inc. (OTC Bulletin Board: DPDW), an oilfield services company specializing in complex deepwater and ultra-deepwater oil production distribution system support services, announced that it has completed the design and has begun construction of a 3,200 metric ton Carousel System, which is scheduled for completion early in the third quarter of 2010. Upon completion the Carousel System will be located in the Gulf Coast, to facilitate the handling of umbilicals from transportation vessels onto the Carousel, and with the ability to store up to three separate steel tube umbilicals for projects in the region.  


Ocean Installer Appoints Head for New U.S. Office

Michael Newbury. Photo: Ocean Installer

Ocean Installer appointed Michael Newbury as President for its U.S. office, located in Houston, Texas. The office has been established to cater for projects run out of the US. Entering his new position in April 2013, Michael Newbury brings with him managerial experience and track record from the U.S. subsea industry. He comes from a position as Vice President for Operations and Business Development with the U.S.-based subsea contractor Deep Down, Inc. and has senior experience from the U.S


ROV Cable Solution for Deep Ocean Research

ROV cable, umbilicals & tether designs showcased by Nexans at Oceanology 2012 Show Nexans, a worldwide expert in the cable industry, is at Oceanology 2012 to promote its wide range of cable solutions developed to meet the specific needs of workclass ROV manufacturers and operators. Nexans’ specialized ROV cable manufacturing facility in Norway can produce steel armoured umbilicals for vehicles commonly used for trenching, ploughing


Lerwick Harbor sees Positive Outlook

LERWICK HARBOR

  Lerwick's importance as a gateway for Shetland’s communities and industries is underlined by an increase in passenger traffic, cargo handled and fish landed in 2014. Passengers were up 11.8% to 179,352, with numbers on the roll-on/roll-off nightly ferries between the port and Kirkwall and Aberdeen increased by 2% to 135,629 compared with the previous year, despite the two vessels being off-route in sequence for a total five weeks for biennial servicing


Environmentally Sensitive Drilling Solutions

Photo courtesy Statoil

Statoil is the first operator in the U.S. Gulf of Mexico to adopt the Riserless Mud Recovery (RMR) system that reduces discharges to sea. This environmentally sensitive drilling solution has been used on the Discoverer Americas drill ship on the Statoil-operated Krakatoa prospect.   "The RMR system allows us to circulate the mud, reducing the total mud consumption and discharges to sea to a quarter of the amount compared with conventional methods


Hi-speed Subsea Drill Reaming System Success

Statoil G-4 AHT2 rig floor: Photo credit Deep Casing Tools

Aberdeen-based Deep Casing Tools, completes  first operation of its 'Turbocaser' in the Norwegian North Sea, with a successful 21 hour reaming run. The Turbocaser™ Express is a high-speed drillable reaming system that enables drilling teams to land casings and intermediate liners at target depth first time. Two conventional attempts to run a 7” liner to total depth (TD) had been unsuccessful in the Statoil operated Gullfaks’ satellite well


NAVSEA's Salvage Engineers Recover Plane Materials

By Naval Sea Systems Command Office of Corporate Communications Naval Sea System Command's (NAVSEA) Supervisor of Salvage and Diving (SUPSALV) performed an aircraft search and recovery of an EA-6B "Prowler," Aug. 17-20 near Guam.  The recovery utilized the Navy's Remotely Operated Vehicle (ROV) "Deep Drone" operating from the Military Sealift Command's USNS Salvor (T-ARS 52).  The EA-6B crashed into the Pacific Ocean in 6,500 feet of water Feb


Oil, Gas Industry Push Deeper

The oil and gas expanded the offshore drilling frontier in the Gulf of Mexico. Already one of the most explored basins in the world, the Gulf of Mexico’s deepest hydrocarbon deposits will be auctioned off later this year, the result of political maneuvering in the waning moments of the last Congress. This new area will attract interest from companies with deep pockets and lots of patience, according to industry experts.


M.V. Servant I and Ocean Rover Utilize Port Freeport

The dockwise vessel M.V. Mighty Servant I is currently docked and preparing its deck to load the oil rig MODU Ocean Rover. The M.V. Mighty Servant I, a semi-submersible heavy lift vessel, will shift to Port Freeport’s deep-berthing area and ballast down to a depth that will allow the rig to float onto the deck of the ship. The rig arrived on November 18th at 11:45 a.m. and moored next to the monopiles at the deep water berth


Port Terminal Proposal Rejected

Transport Minister Tony McNulty accepted the recommendation of the Dibden Bay Inquiry Inspector to turn down proposals for a new container terminal on Southampton Water. This decision was based on the individual merits of this application. Associated British Ports proposed to build a 1.85 kmlong, six berth deep water quay at Dibden Bay covering some 240 hectares of the site, known as the Dibden Reclaim, and taking some 76 hectares of intertidal foreshore


Another Fugro Vessels Joins Largest SEEP-Hunting Survey

Just as hydrocarbon seepages on land have led to oil discoveries, so have seeps in the marine environment. Fugro is conducting world’s largest offshore seep-hunting survey, planned to cover approx 620,000 Sq Km Image Fugro)

Fugro has deployed multi-purpose offshore survey vessel Fugro Gauss to join the Fugro Brasilis offshore Mexico, to help complete the world’s largest seep-hunting survey for multiclient geoscience data company, TGS. Both Fugro vessels are using hull-mounted multibeam echosounders (12 kHz


Six-Month High for Service Reliability

Graph: Drewry Research

 Ocean carriers achieved a six-month high for liner service reliability in May, according to Carrier Performance Insight, the online schedule reliability tool provided by Drewry Supply Chain Advisors.   The on-time average of 76.0% for the 10 trades covered was a 4


Chemical Tanker Runs Aground off Alaska

A 599-foot Norway flagged chemical tanker Champion Ebony ran aground near Nunivak Island, Alaska on June 24.   U.S. Coast Guard Sector Anchorage watchstanders received a report from the National Response Center that the vessel ran aground carrying approximately 14


RBS Receives Bids for Greek Shipping Business

The Royal Bank of Scotland has received bids for its Greek ship finance business, banking and financial sources familiar with the matter said, following a leap in bad shipping debts at the lender over the past few months. They told Reuters that the operation was worth about $3 billion although


RBS Taking Bids for Greek Shipping Business

The Royal Bank of Scotland has received bids for its Greek shipping finance business which is worth about $3 billion as it looks to scale down on non-core activities, banking and financial sources familiar with the matter told Reuters.  


Baltic Index Down on Falling Capesize Demand

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell Tuesday on lower demand for capesize vessels.   The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, was down 2 points, or 0


Baltic Index Down as Capesize Demand Disappoints

File image: a bulk vessel alongside during cargo operations (FedNav)

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, continued its fall Monday on weaker demand for capesize vessels. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, was down 5 points, or 0


Baltic Index Down on Weak Capesize Demand

 The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Friday due to lower rates for capesize vessels.   The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, was down 11 points


Crashed EgyptAir Plane Located on the Seafloor

Photo courtesy of the Egyptian Armed Forces

The cockpit voice recorder from EgyptAir flight MS804 has been retrieved by search teams in a breakthrough for investigators seeking to explain what caused the plane to crash into the sea killing all 66 people on board.   The Airbus A320 plunged into the Mediterranean early on May 19 on its


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


Baltic Index Down on Weaker Demand

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell marginally on Monday on weaker demand for smaller vessels and panamaxes, partially offset by higher demand for capesizes. The overall index, which factors in rates for capesize, panamax


Kokko Appointed Sr.V.P.-Automation & Projects, Kalmar

Tero Kokko Photo Kalmar

Kalmar, part of Cargotec, has appointed Tero Kokko Senior Vice President, Automation and Projects as of 1 July 2016. He will report to Antti Kaunonen, current Senior Vice President, Automation and Projects who will start as President of Kalmar as of 1 July 2016.  


RV Polarstern Starts Arctic Season

The German polar research vessel Polarstern off the coast of Spitsbergen. (Foto Sebastian Menze)

Scientists from the Alfred Wegener Institute, Helmholtz Centre for Polar and Marine Research (AWI) are setting out with the research vessel Polarstern towards Spitsbergen, to use newly developed equipment in the Arctic Ocean. Autonomous instruments on the seabed


US Retail Import Patterns Still Uneven

File photo: Port of Los Angeles

Import cargo volume at the nation’s major retail container ports is expected to be mostly down through the summer but should see a significant uptick just before the winter holiday season, according to the monthly Global Port Tracker report released today by the National Retail Federation


Japan LNG Prices Fall to Lowest in More Than 2 Years

Prices for liquefied natural gas (LNG) spot cargoes for Japan, the world's top buyer, fell in May to the lowest since the trade ministry started publishing figures more than two years ago, official data showed on Thursday.   The average price of spot LNG contracted in May fell by 10 cents






 
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