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BMT Achieves Strong Financial Results

BMT Group.JPG

BMT Group Ltd, the international design, engineering and risk management consultancy, announced today that it has achieved strong financial results, despite a difficult year for the global economy and the maritime industry in particular.  A turnover of £142m provided the group with an underlying operating profit of £11m in the year to 30 September 2010, £5.8m of which has been distributed to the staff through the company’s profit share schemes.  Comprising 23 subsidiary companies, the BMT group has successfully focused on its core maritime offering in the organisation’s three sectors of defence, energy & environment and transport. Highlights included: the development of a new and innovative Fast Landing Craft design which met the demanding requirements set out by the UK’s Ministry of Defence; successful completion of the first sustainability strategy and management framework assessment for Guangzhou Development Industry Holding Co. Ltd, a major power company in the Pearl River Delta region of China; and partnerships with a diverse range of customers including the United States Coast Guard to provide Human Factors Engineering studies to address issues in the design and operation of equipment within demanding environments.  BMT has also opened new offices in India and Brazil to better support and grow the organisation’s core businesses located in these regions and acquired the Western Australia based port


“Old Ship” Fears Drive Tanker Markets Higher

North Sea crude markets held steady mid last week, as a combination of high freight rates and absences at industry functions subdued trade. Dated Brent was assessed near last deal done at April Brent +95 cts, with Brent CFD swaps for this week also in that area. Next weeks CFDs are seen around April Brent +90 cts. Institute of Petroleum week in London is keeping trade to a minimum, as are high freight rates caused by an exodus of older vessels out of Europe in the wake of the Erika spillage


WSF Cuts Costs With Oily Water Separator Refit

Washington State Ferries, a company that operates on routes with tremendous environmental concern and legislation, recently refit one of its ferries, Nisqually, with a bio-enhanced Oil Water Separator solution from ECP Service Corp. The Washington State Department of Transportation operates one of the largest passenger and automobile ferry services in the world, with 29 vessels capable of generating between 2,000 to 3,000 gallons of oil water in the vessels' bilge each month


New Telestacker Conveyor from Superior Industries

Photo courtesy Superior Industries

Superior Industries, a manufacturer of conveyor systems and components, offers a range of barge and ship loading/unloading solutions with its TeleStacker Conveyor systems, which are custom-configured to meet the requirements of specific marine handling applications. While delivering the advantages of a lower capital investment, shorter lead times and quick onsite assembly, Superior TeleStacker Conveyor systems are an ideal and environmentally-friendly alternative to the use of labor-intensive


Fire-damaged Tanker Granted Bahrain Entry

Photo Wikimedia CCL

Bahrain's General Organisation of Sea Ports (GOP) grant Liberian-flagged 'Stolt Valor' permission to enter port for ASRY to carry out repairs The "Stolt Valor" caught fire on 15th March 2012 north of Bahrain. The fire, which broke out on board the vessel was completely extinguished by 22nd March, while the removal of all pollutants - both chemical cargo and fuel - was completed by the 29th of April, with no spillage during the transfer


Texas City Y Collision: Formal Casualty Hearing Notified

Aftermath Texas City Y collision: Photo USCG

The US Coast Guard informs that in conjunction with the National Transportation Safety Board, it will begin a formal hearing at the Galveston County Criminal Justice Center Monday, June 2, 2014 at 1 p.m. concerning the collision between the bulk carrier 'Summer Wind', the tugboat 'Miss Susan' and its towed barge Background On March 22, 2014, the Summer Wind was en route to the Port of Houston when it collided with a barge owned by Kirby Inland Marine


Washington State – Oil Transfer Requirement Training

Ecology field visits help operators understand new oil transfer requirements Washington companies and operators that transfer oil over water to non-recreational vessels got some unanticipated help this month on successfully complying with the Department of Ecology (Ecology) oil transfer rules adopted in September 2006. On March 8 and 15, Ecology staff made technical assistance visits to 65 oil transfer locations across the state


RINA Updates GREEN PLUS Notation

RINA logo.jpg

RINA updates GREEN PLUS notation to cover transhipment terminals.   International classification society RINA has updated its industry-leading GREEN PLUS notation to include new potential sources of pollution involving seagoing ships and ships operating at fixed locations.   GREEN PLUS is awarded to new vessels that make a significant investment in design solutions, onboard equipment and operational procedures which contribute to an improvement in environmental performance beyond


New STAUFF Mini Water Vac Cleans Oil Continuously

STAUFF_Mini_Water_Vac web.jpg

The STAUFFMini Water Vacpurifies hydraulic system oil, eliminating water, gas and particulate matter. The purified oil satisfies the most stringent quality requirements. The STAUFFMini Water Vac dehydrates and cleans most types of oils such as lubricating, hydraulic, transformer and switch oils while it neither removes nor alters oil additives. The water removal process is based on pure vacuum evaporation inside a vacuum chamber at a maximum temperature of +65 °C / +149 °F.


CNOOC: Two New Oil Fields Start Production

Hong Kong - CNOOC Limited (NYSE: CEO, SEHK: 00883) announced that, Wenchang 19-1 North and Weizhou 12-8 West oil fields have recently commenced production. Wenchang 19-1 North oil field is located in the western Pearl River Mouth Basin with an average water depth of about 120-130 meters. This oil field has 3 producing wells and is expected to reach its peak production within the year. Wenchang 19-1 North is an independent oil field in which the Company holds 100% interest and acts as the


PDVSA Halts Exports of Diluted Crude for Oct

  Venezuela's state-run PDVSA has put on hold its plans to export diluted crude oil (DCO) in October as the company reviews production costs that have risen on imports of costly naphtha that it uses to mix with its extra heavy crude, traders told Reuters on Friday.


BLM Supports Expanding Oil and Gas Pilot Offices

Neil Kornze, Director, Bureau of Land Management

Bureau of Land Management (BLM) Director Neil Kornze today testified before the Senate Energy and Natural Resources Committee on a bill that would increase the efficiency of oil and gas permitting on public lands and coordination among agencies by continuing the BLM’s Oil and Gas Pilot


Oil Train Regulation Passes in California

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   California lawmakers on Friday passed legislation requiring railroad companies to tell emergency officials when crude oil trains will chug through the state. The bill would require railroads to notify the state's Office of Emergency Services when trains carrying crude oil from


Voith Schneider Propellers Drive Double-ended Ferry MS Frisia IV

New double-ended ferry serving the North Sea island of Norderney

  Ferries operated by Norden-Frisia AG have been serving the East Frisian island of Norderney for many decades. Navigation in these coastal waters poses special challenges: in some areas the waterway only leaves a few centimeters below the keel and the water contains a significant amount of


Iraq to Appeal US Court Decision on Kurdish Oil

The Iraqi oil ministry said on Thursday it would challenge a U.S. court decision that stopped U.S. Marshals from seizing some one million barrels of disputed Kurdish oil docked near Texas. On Monday, a U.S. district court ruled in favour of a request by Iraq's Kurdish region that a demand by


Warming Aids Arctic Economies, but Short of 'Cold Rush'

Photo: Northern Sea Route Information Office

Climate change is aiding shipping, fisheries and tourism in the Arctic but the economic gains fall short of a "cold rush" for an icy region where temperatures are rising twice as fast as the world average. A first cruise ship will travel the icy Northwest Passage north of Canada in


Kongsberg to Supply FPSO Safety System

Kongsberg Maritime Engineering (KME), the wholly owned Engineering, Procurement and Construction (EPC) subsidiary of global maritime technology developer Kongsberg Maritime, will deliver an Integrated Control and Safety System for the new BW Offshore Catcher FPSO.


Tullow Oil Exploration and Appraisal Update in Kenya

Tullow Oil exploration and appraisal update in Kenya

Tullow Oil plc announces the successful results from a series of exploration, appraisal and testing activities conducted in Blocks 10BB and 13T onshore Kenya. Etom-1 exploration well The Etom-1 well in Block 13T is the most northerly well drilled to date in the South Lokichar basin, 6


Chariot Oil & Gas Get Licences for 3 Blocks in Namibia

Oil Blocks in Namibia

Chariot Oil & Gas Limited, the Atlantic margins focused oil and gas exploration company, today announced securing new licences for Blocks 2312 & 2412A (the Central Blocks) and Southern Block 2714A, Namibia and Update on Namibian Portfolio


Rosneft and AVTOVAZ Strengthen Strategic Cooperation

Rosneft and AVTOVAZ signed an Agreement of development of strategic cooperation

Rosneft President, Chairman of the Management Board Igor Sechin and AVTOVAZ President Bo Inge Andersson signed an Agreement of development of strategic cooperation, which significantly expands the scale of partnership between the companies.


MN 100: Horizon Shipbuilding, Inc.

Horizon Shipbuilding may 2014 1940 EH.jpg

13980 Shell Belt Road Bayou La Batre, AL 36509 E-mail: trshort@horizonshipbuilding.com Website: www.horizonshipbuilding.com President and General Manager: Travis R. Short Number of Employees: 400 The Company: Founded in 1997 by a father-and-son duo, Horizon Shipbuilding, Inc


Iraqi Kurdistan Oil Shipments Reach 8.8m Barrels

Iraqi Kurdistan has shipped 8.8 million barrels of oil from the Turkish port of Ceyhan since May, Turkish Energy Minister Taner Yildiz said, as the autonomous region employs new tactics to establish independent oil sales in defiance of Baghdad.


East and South China Sea Disputes Need Creative Diplomacy

China and the United States appear headed for a damaging confrontation over the extent of China's territorial claims in the South and East China Seas. Now that China has become the world's largest importer of oil, and energy more generally


Too Eager to Drill for Arctic Oil - Greenpeace

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  Greenpeace's ship, the Esperanza, is still on station in the Arctic to expose renewed Norwegian efforts to drill for oil in this pristine environment. Last week Greenpeace successfully headed off attempts by an oil company to complete controversial seismic testing


Athabasca Completes Dover Stake Sale to PetroChina

Great Assets

  Canada's Athabasca Oil Corp said it had closed the sale of its 40 percent interest in the Dover oil sands project to a unit of PertroChina Co Ltd for $1.18 billion. Athabasca said it received $600 million in cash and $584 million in three interest-bearing promissory notes from the






 
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