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Off Australia

Daewoo May Beat Shell as First Floating LNG Vessel Operator

According to a Sept 15 report from Bloomberg, Daewoo Shipbuilding & Marine Engineering Co. said its Papua New Guinea energy venture may beat Royal Dutch Shell Plc to become the first operator of a floating liquefied natural gas production vessel. The venture could begin using a floating LNG unit in 2014 to process gas from an onshore field, Kim Jin Seok, chief executive officer of DSME E&R Ltd., the shipbuilder’s oil and gas arm, said in an interview in Seoul. Shell is due to receive the first of as many as 10 floating LNG plants in 2016 for use off Australia. (Source: Bloomberg)


ConocoPhillips Makes Discovery Off Australia

ConocoPhillips announced a discovery in the Caldita No. 1 exploration well in the NT/P 61 license located offshore Northern Territory Australia. The well spudded on July 7, 2005, and encountered a significant hydrocarbon column in a high-quality reservoir interval. A drill stem test was conducted that flowed gas at a rate of approximately 33 million standard cubic feet per day on a one-inch choke. The well reached a total depth of 4,037 meters and will be plugged and abandoned as programmed


ABS Selected By Woodside For Asset Base Classification and Verification

ABS has been selected by Woodside Energy Ltd, Australia’s largest publicly traded oil and gas exploration and production company, to provide classification and verification services across the Pan-Woodside Energy Ltd asset base for the next five years. The multi-year, multi-million dollar contract covers core operational requirements of the company’s activities off Australia and existing and future emerging projects in Australia, the U.K., the U.S., Singapore and Korea.


Woodside to Evade LNG Concerns with New Ships

According to Bloomberg, Perth-based Woodside Petroleum Ltd. plans to skirt concern among Californians about the safety of liquefied natural gas import terminals by delivering the fuel directly into pipelines from ships moored offshore. Australia's second-biggest oil and gas producer will invest to develop the new technology and get access to the most populous U.S. state. In June, Woodside withdrew from a plan to build a permanent LNG terminal in the state


Whaling Ship Stopped in the Southwest Pacific

A Japanese whaling fleets harpoon vessel with a slaughtered minke whale in Mackenzie Bay (photo: Glenn Lockitch/ Sea Shepherd Australia)

At 2:50 p.m. (AEDT) today the captain of the Sea Shepherd Australia ship The Bob Barker, Peter Hammarstedt, reported his ship had just crossed into Australia's Exclusive Economic Zone (EEZ) 200 miles off Macquarie Island, but a pursuing Japanese whale harpoon ship, Yushin Maru No. 3, has stopped one mile outside the zone. Federal Minister for the Environment Greg Hunt had been in touch with the Japanese authorities over the impending invasion of the Australian Whale Sanctuary


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 region have been in the works under various companies for decades but have so far failed to get off the ground due to volatility in commodity markets and difficulty securing the massive investment needed


Dockwise Sees Demand for Yacht Transport in South Pacific

Photo courtesy DYT

“The Australian yacht market is very buoyant at present due to the strong Australian dollar,” said Roberts.  “Being market leaders, DYT and Aurora are working hard to service the South Pacific market for yacht transportation in relation to this large influx of yacht movements.”  Super Servant 3, at 456 feet (139 meters) in length and operating on a regular schedule to deliver yachts around the world


Otto Marine Clinches Australia AHTS Contracts

AHTS Go Spica: Photo Otto Marine

Otto Marine says it has clinched AUD57-million worth of charter contracts in Australia for two of its large deep water AHTS vessels. Otto Marine Limited, which owns and operates a large fleet of offshore support vessels, with shipyard and other specialized offshore services, says that it has secured time charter contracts with two oil majors for its deep water anchor handlers, GO Sirius and GO Spica. Employed in drilling and pre-lay support, the 16


Pariah Containership Detained in NZ

The troubled German-owned, Liberia-flagged containership 'Vega Auriga', which was last week banned by Australia from entering its ports for three months, has now arrived in New Zealand, where it has been detained, informs ITF Seafarers. The ship – described by the Australian Maritime Safety Authority as a "repeat offender" for breaches of seafarer welfare and ship maintenance – was detained in Tauranga after Maritime New Zealand found 14 deficiencies


NWS Approve Persephone Project

  Woodside, as Operator of the North West Shelf (NWS) Project, advises that the NWS Project participants have approved the Persephone Project off the north-west coast of Australia. The Persephone Project is the third major gas development for the NWS Project in the past six years, demonstrating the joint venture’s commitment to maximising the value of Australia’s largest operating oil and gas project.


Rolls-Royce Takes Davies on Board

Alan Davies is currently Chief Executive of Rio Tintos Diamonds and Minerals division

  Rolls-Royce appointed Alan Davies as a Non-Executive Director. He will join the Board with effect from November 1, 2015 and will become a member of the Nominations and Governance Committee, and the Audit Committee.   Alan Davies is currently Chief Executive of Rio Tinto's Diamonds


DP World Sings Melbourne Port Lease Deal

Photo: Port of Melbourne Corporation

 DP World and the Port of Melbourne Corporation have reached an agreement on a new 50-year lease, ending months of negotiation over rental increases at Australia’s biggest port.   The Port of Melbourne will forego tens of millions of dollars in annual revenue after abandoning a


Australian PM Promises 2500 Shipbuilding Jobs

Tony Abbott, Prime Minister of Australia. Photo: Commonwealth of Australia

 Up to 2,500 shipbuilding jobs in Adelaide will be safe for "all time", the Prime Minister says, ahead of the expected announcement to build a new fleet of Navy ships worth $39 billion, reports ABC.   However, he said naval shipbuilding jobs in Adelaide would drop from about


Pressure for Australia Sub Deal Grows

Australia to spend A$65 bln on ships and subs over 20 years; PM pledges A$40 bln for domestic shipbuilders. Australia will spend A$89 billion ($65 billion) on ships and submarines for its navy over the next 20 years but pressure grew on Prime Minister Tony Abbott on Tuesday to spend more than


Aker Solutions Revenue Steady

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Sales NOK 8 billion in 2Q 2015 vs NOK 8.1 billion in 2Q 2014 Earnings before interest, taxes, depreciation and amortization (EBITDA) NOK 547 million vs NOK 608 million a year earlier EBITDA margin 6.8% vs 7.5% a year earlier EBITDA margin ex. one-off items 7.6% vs 7.5% a year earlier


More than 100 Shipbuilders Lose Jobs at ASC

Warehouse facilities and workers at ASCs submarine construction and maintenance facility at Osborne, South Australia. Photo: ASC Pty Ltd.

 South Australian defence shipbuilding company ASC has axed 101 blue collar jobs from its facility at Osborne near Port Adelaide.    The submarine and shipbuilder ASC has let go 101 contractors from its facility in Adelaide in a move it says will increase productivity on its air


MOL Bulk Carrier Rescues Castaways

Spring Zephyrsafely rescued all three survivors clinging to driftwood 165 km east of the island of Mindanao

  Mitsui O.S.K. Lines, Ltd. today announced that on July 5, 2015, the MOL-operated bulk carrier Spring Zephyr safely rescued all three survivors clinging to driftwood 165 km east of the island of Mindanao, the Philippines. Details of the rescue follow:


BHP Will Beef Up Hedland Port, Acquire Tugs

BHP Billiton said on Tuesday it will spend $240 million upgrading its marine iron ore facilities in Western Australia. The funds will be used to purchase six tug boats and build a new tug harbor in the Port Hedland Port, with construction due to be completed in the September 2016 quarter.


CSIRO Discovers Extinct Volcanoes off Sydney Coast

Four undersea volcanoes have been discovered off Sydney. Photo CSIRO

  While searching for baby lobsters no bigger than a 50-cent piece, Australian researchers discovered a series of giant volcanoes off the coast of Sydney. The four previously unknown volcanoes, which are now extinct, are situated about 250 kilometres off Sydney in about five kilometres of


South Australia Seeks Shipbuilding Job Guarantees

Image - Commonwealth of Australia: Navy Imagery Unit

 The South Australian Government has outlined three key points on shipbuilding it wants addressed by the Commonwealth's Defence White Paper next month.   It wants (1) a minimum 70 per cent Australian worker participation in the building, similar to the Collins Class submarines


Maritime Union of Australia Oppose China Trade Deal

Image: Maritime Union of Australia

 The Maritime Union of Australia is willing to use its power over the country's ports to disrupt a new free trade deal with China, reports AAP.   The union movement’s opposition to the China Australia Free Trade Agreement (ChAFTA) has ratcheted up since the agreement was signed


Carrier for Kansai Electric Power Named LNG FUKUROKUJU

LNG FUKUROKUJU

  Mitsui O.S.K. Lines, Ltd. today took part in a naming ceremony for the newbuilding liquefied natural gas carrier LNG FUKUROKUJU, which is co-owned by MOL and Kansai Electric Power Co., Inc. at Sakaide Works of Kawasaki Heavy Industries, Ltd.


New Load Measurement Solution for Port of Dampier

Photo courtesy of Strainstall

Strainstall designs and delivers a load measurement solution for the world’s largest floating wharf at Port of Dampier.   Strainstall, part of James Fisher and Sons plc, was commissioned to design and deliver a load monitoring system for the Dampier Floating Deck - the world’s


Japan Seeks Australian Submarine Contract

Yushio class submarine SS-573. Photo: Japanese Navy

 Japan will send a high-level delegation to Adelaide for talks on building Australia's next-generation fleet of submarines.   A former commander of the Japanese navy will head a 40-strong delegation to Australia next month to negotiate roles for local industry in building submarines


Dry Bulk Shipping Outlook Improving

Image: Diana Shipping Inc

 The dry bulk market looks set for a solid show, although conditions remain more than challenging, analysts with Macquarie said in a note, reports WSJ.   As the amount of iron ore and other goods carried by these ships races ahead of new capacity






 
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