Fairfield News

Mitsui O.S.K. Lines (MOL) has, through its subsidiary MOL Chemical Tankers, completed the acquisition of Fairfield Chemical Carriers, creating one of the world’s largest multi-segregated chemical tanker fleets.The acquisition, valued at $400 million, is based on a share transfer agreement signed at the end of September 2023, which has been approved by the relevant authorities under competition law.The transaction is in line with MOL’s plan to proactively invest in chemical tanker business…

Defense contractor Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management (Arcline), has acquired American Fan, a axial and centrifugal fan manufacturer based in Fairfield, Ohio.“Now more than ever, Fairbanks Morse Defense remains committed to expanding our growing array of OEM equipment to ensure that our fleet is always mission-ready,” said George Whittier, FMD CEO. “American Fan has a long track record of delivering high-quality products to the U.S.

U.S. maritime companies Crowley and SEACOR Holdings' Seabulk Tankers have created a new joint venture that combines their liquid energy and chemical transportation vessels, operations and related services into a new, independent U.S. Jones Act service provider.The new company, Fairwater Holdings, will serve the U.S. domestic market with vessels and marine transportation solutions across the petroleum and chemical trades, as well as related third-party ship management services. It will include 20 oceangoing, articulated tug-barges (ATB) and 11 tankers, many under long-term charter.

MOL Chemical Tankers has reached a deal to acquire the business of Fairfield-Maxwells' Fairfield Chemical Carriers in an all-cash transaction.Under the agreement, MOL Chemical Tankers would obtain 100% of the shares in Fairfield Chemical Carriers for about $400 million, subject to change depending on the price adjustment under the share purchase agreement.Fairfield Chemical Carriers’ fleet of 36 chemical tankers would dovetail with MOL Chemical Tankers’ fleet of 85 chemical tankers.

Japan's Fukuoka Shipbuilding has launched a new chemical tanker for U.S. based shipping company Fairfield Chemical Carriers (FCC).The newly built Fairchem Pioneer is FCC's first liquefied natural gas (LNG) dual-fuel stainless steel chemical tanker. According to FCC, the vessel's LNG propulsion technology reduces carbon dioxide emissions by up to 25% compared to traditional marine fuels.The ship is the first of two 26,300-dwt chemical tankers FCC ordered from Fukuoka Shipbuilding, with options for four additional vessels.

John Ehresmann loves that the cost of shipping an ocean container from Asia to a U.S. port or buying a load of lumber has fallen back to earth.If only that were true for everything he buys — but it’s not.Some parts of his supply chain have clearly improved, said the vice president of global supply for Graco Inc, the Minneapolis-based maker of fluid handling equipment such as paint sprayers. But the complex nature of global supply chains means that companies like Graco are still struggling…

Of all the rivers in the world, the St. Lawrence River is undeniably one of the most challenging for mariners.This water highway is at some spots as narrow as a large river and, at others, as wide as a small sea. It has played a vital role over the last three centuries as an important artery for trade, communication, transportation and settlement. And since 1959, the year the St. Lawrence Seaway was inaugurated, it has been a gateway to the heart of the continent.The first European explorers who sailed the St. Lawrence discovered it was not easy to master: it was long, but never calm.

The National Association of Marine Surveyors (NAMS) announced the dates for its 2022 New England Fall Conference in Newport, R.I. and North 2022 Pacific Fall Conference in Bremerton, Wash.The New England Fall Conference, to be held October 27 and 28, 2022, will include a roundtable and reception at the IYRS School of Technology & Trades. IYRS is a non-profit, post-secondary experiential learning institution and is the premier marine trades and modern manufacturing school in the United States. IYRS offers education and training programs for people with a passion for thinking and working through their hands.NAMS-accredited marine surveyors…

Norwegian marine seismic data acquisition firm PGS has won a 4D survey contract in the North Sea.The company said Wednesday that a Ramform Titan-class vessel was scheduled to start the acquisition in early August of 2022 and complete it in mid-September.President & CEO in PGS, Rune Olav Pedersen said: "We are very pleased to be awarded this 4D contract in the North Sea. It is encouraging to see our clients securing capacity well in advance, like in this case, and we believe in a continued improvement of the contract market next year."PGS did not share the identity of the client.

Norwegian offshore vessel provider Solstad Offshore said Thursday it had won new contracts for two of its subsea construction vessels (CSV), the Normand Fortress and the Normand Mermaid, in offshore wind and seismic sectors, respectively.The CSV Normand Fortress has secured a contract with the UK-based contractor Manor Renewable Energy for operation on a UK offshore wind farm. The contract is scheduled to start in October 2021, in continuation of the former announced contract with MHI Vestas…

Oslo-listed Magseis Fairfield on Friday said it had won a deep-water 4D Ocean Bottom Node (OBN) monitor survey contract in the US Gulf of Mexico with a repeat customer.The survey will be conducted with Magseis Fairfield’s ZXPLR technology, currently in use for ongoing projects in the same region. The start-up is expected to be mid-Q2 2021, and the project will run for approximately two months.“We are glad to see our customers recognizing the value we bring, and award us repeat business.

Norwegian ocean-bottom seismic specialist Magseis entered into a $233 million deal to acquire the Seismic Technologies business from Fairfield Geotechnologies."Magseis will acquire the Seismic Technologies business from Fairfield comprising data acquisition, nodal and system sale & rental activities, including all shares in Fairfield's wholly owned U.K. subsidiary WGP Group," said a press release from the company.The name of the new business will be Magseis Fairfield. Fairfield Geotechnologies will remain privately held by the Sugahara family through Fairfield-Maxwell and focus its efforts on data licensing and data processing, as well as imaging…

TGS announces its latest multi-client project in the Delaware Basin, Quail Ridge East, which will be conducted in collaboration with Fairfield Geotechnologies. The collaboration also includes an Area of Mutual Interest (AMI) for further joint opportunities in the area.The Quail Ridge East 3D survey is optimally located on the north flank of the Delaware Basin, extending TGS' current data portfolio to cover a minimum of 330 km2 in Western Lea County, New Mexico. The area draws strong industry attention with proven production from multiple stacked zones including the prolific Delaware Sands, the Avalon, the Bone Spring, the Wolfcamp A through D and the Strawn-Atoka.

Solstad Farstad ASA (SOFF) has entered into a contract with Fairfield Industries Inc. for the CSV “Normand Tonjer”. The contract will commence in 3Q 2018 and has a duration of one year firm plus two yearly options.Fairfield will use the vessel to support their innovative worldwide ocean bottom seismic survey using node-based technology.Solstad Farstad has updated other contracts too. The key contracts in the subsea construction segment include Far Saga contract extension with Petrobras until 2Q’20,  Nor Australis awarded 3 months contract with Magseis for operations in Southeast Asia and  Normand Installer renewal of frame agreement…

TAQA Bratani has awarded Solstad Farstad ASA a contract for the Platform Supply Vessel PSV Far Spica (2013, PSV 08 CD Design). The contract is the duration of TAQA’s mobile drilling Campaign in the UK Sector, which is approx. 18 Months,   with expected commencement in Q1 2018. Far Spica is currently trading the North Sea Spot Market. AGR Well Management Limited has awarded SOFF a contract for the PSV Normand Aurora (2005, P105 Design). The contract duration is for 1 well firm + 1 well options supporting West Hercules in the UK Sector and the commencement is expected to take place March 2018. The firm period has an estimated duration of 75 days. Normand Aurora is currently trading the North Sea Spot Market.

The remnants of Tropical Storm Cindy brought tornadoes and flooding to the U.S. Gulf Coast on Thursday and its heavy rains will drench much of the eastern United States in coming days, forecasters said. Flooding and road closures stretched from east Texas into northwestern Florida after Cindy made landfall early on Thursday near the Louisiana-Texas border and weakened to a tropical depression, the National Weather Service said. Cindy is expected to dump 3 to 6 inches (7.5 to 15 cm) of rain as it heads north and east into the Ohio Valley and the Appalachian Mountains through Saturday, said Brian Hurley, a weather service meteorologist. Totals could reach 9 inches (22.5 cm) in some areas. "We're looking at quite a bit of rain. That's going to be the main threat," he said.

New legislation proposed this week would require up to 30 percent of U.S. liquefied natural gas (LNG) exports to travel on U.S.-flagged vessels. The U.S. is expected to continue ramping up its LNG exports in the coming years and become a net exporter by 2020, yet there are currently no U.S.-flag carriers to carry the cargo. “We’re the most powerful nation in the world, but 99 percent of our trade travels on foreign-flagged ships,” said Congressman John Garamendi (D-Fairfield, Davis…

Located in Carmi and Fairfield, Illinois and Cocoa, Florida, Elastec manufactures water pollution control products specializing in oil spill recovery equipment. Established in 1990 with the invention of the ELASTEC Drum Skimmer, the U.S. Clean Water act inspired Elastec to expand its product line to include floating booms, turbidity curtains, vacuum systems, work boats and portable incinerators. Elastec’s new Omni Cat is a waterway maintenance catamaran designed to help municipalities comply with nonpoint source pollution.

The South Carolina Ports Authority announced a fiscal year-to-date container volume increase of seven percent, with 678,033 twenty-foot equivalent units (TEUs) handled since July. SCPA moved 164,734 TEUs in October. From a calendar year-to-date perspective, SCPA has seen container volume increase 11 percent over last year with 1,674,891 TEUs handled since January. As measured in pier containers, 93,046 boxes moved across SCPA docks last month. Fiscal year to date, SCPA has handled 382,656 pier containers for an increase of six percent over the same period last year. Non-containerized cargo tonnage also continued to climb through October, with fiscal year-to-date volumes 19 percent ahead of plan.

Maersk Oil said on Wednesday it would seek regulatory permission to shut its Janice installation, which produces around 7,000 barrels per day (bpd) from three UK North Sea oilfields, as the Danish firm reviews its operations due to falling oil prices. It is one of the first North Sea oil fields to be threatened with closure due to the drop in prices, with Brent crude futures having plunged to around $43 a barrel from over $100 a barrel last June. North Sea producers have been under increasing pressure to cut costs and improve production efficiency…

Today, Congressman John Garamendi (D-Fairfield, Calif.), the Ranking Member of the House Committee on Transportation and Infrastructure’s Subcommittee on the Coast Guard and Maritime Transportation, spoke at the Bay Planning Coalition’s 2015 Decision Makers Conference. Garamendi's speech focused on America's pivotal opportunity to create thousands of American jobs by revitalizing America's shipbuilding industry. "We're not building big ships in the United States except for the U.S. Navy. These are strategic national assets," Congressman Garamendi said.

Congressman John Garamendi (D-Fairfield, CA), the Ranking Member of the House Transportation and Infrastructure Subcommittee on the Coast Guard and Maritime Transportation, introduced the bipartisan National Positioning, Navigation, and Timing (PNT) Resilience and Security Act of 2015, H.R. 1678. H.R. 1678 would require the Secretary of Defense, in coordination with the Commandant of the Coast Guard and the Secretary of Transportation, to establish and sustain a reliable, land…

Crowley Maritime Corporation’s 2014 Thomas B. Crowley Sr. Memorial Scholarships have helped to further educational opportunities for three students of State University of New York (SUNY) Maritime College. The recipients, who each sailed with Crowley during their studies, were chosen based on their excellent grades, demonstrated financial need and plans to pursue a career in the towing or petroleum shipping industries after graduation. “SUNY is a great resource for professional, qualified mariners,” said Crowley’s Jenny Terpenning, recruiter, marine personnel.