Sembcorp Marine, Teekay Offshore Pact on Petrojarl Varg FPSO
Sembcorp Marine Rigs & Floaters, a wholly-owned subsidiary of Sembcorp Marine, has signed an agreement with Varg L.L.C., a wholly-owned subsidiary of Teekay Offshore Partners L.P., for engineering, procurement and construction works related to the modification, repair and life extension of the Petrojarl Varg FPSO.Scheduled for completion in July 2020, the work scope includes detailed engineering, fabrication…
Asian LNG Demand to Grow
Currently planned regasification capacity expansions in Asia will allow LNG demand to grow towards 2030, said energy consultent Rystad Energy.Total planned capacity additions is forecasted to reach 700 Mtpa by 2030 driven by expansions in China and India. Asia LNG demand of 392 Mt in 2030 would imply an average utilization rate of 56% if all regasification projects were sanctioned.The seasonality in East Asian demand will require China to continue its capacity development…
Cosco Shipping Begins Shipment of Toyota Exhibits
China Ocean Shipping (Group) Company (Cosco Shipping) started shipment of Toyota exhibits, which will be displayed at the 1st China International Import Expo (CIIE), at Honmoku Pier, Yokohama in Japan.Cosco Shipping (Japan) and Cosco Shipping Lines (Japan) provided transport service for these exhibits, the company said in its press release.This first batch of exhibits, which are the latest models of Toyota, were loaded in flat rack containers and carried by M.V.
UOS Completes Acquisition of UOS Support and Hartmann Offshore
German offshore industry service provider United Offshore Support (UOS) announced that it has completed its acquisition of the commercial and technical-nautical management businesses of both UOS United Offshore Support and Hartmann Offshore.Since the acquisition was announced in July 2018, the management and staff of both companies have been working to bring the two organisations under the UOS brand…
Abu Dhabi Ports, MSC Join with Silsal for Blockchain Solution
Abu Dhabi Ports subsidiary Maqta Gateway said that it is to carry out its first testing of international blockchain solution Silsal with a maritime operator in partnership with MSC Mediterranean Shipping Company, a global leader in shipping and logistics.Silsal provides a seamless and secure link between stakeholders across the trade community using the electronic ledger system.As a major carrier, MSC will provide vital information and feedback on the international pilot project…
Yanbu South Terminal Boost Export Capacity
The oil giant Saudi Aramco has competed the rehabilitation and upgrade project of the Yanbu South Terminal (YST), which adds an extra three million barrels per day of crude oil to its West Coast export capacity.Yanbu South Terminal, which is located south of Yanbu City on the West Coast of Saudi Arabia, consists of a tank farm and offshore facilities to receive, store and load Arab Light (AL) and Arab…
Saudi Aramco to Invest in China
Saudi Aramco recently signed an MoU with Chinese Zhejiang provincial government during the 2nd International Petroleum and Natural Gas Enterprises Conference (IPEC), to acquire a share of Zhejiang Petrochemical’s new refinery project.Abdulaziz Al Judaimi, Sr. VP Downstream, said: "We are exploring opportunities for new refining and petrochemicals facilities, making further investments in China. Saudi Aramco has recently signed a crude oil supply agreement with Zhejiang Petrochemical (Rongsheng).
US Aircraft Carrier in Arctic after Three Decades
A US aircraft carrier strike group has entered in the frigid waters north of the Arctic Circle for the first time since the Soviet Union collapsed to join a massive NATO naval drill close to Russian border.According to a press communication from the United States Navy, for the first time in nearly 30 years, a U.S. aircraft carrier entered the Arctic Circle Oct. 19 to conduct operations in the Norwegian Sea.Accompanied by select ships from Carrier Strike Group Eight (CSG-8)…
Virginia-Class Submarine Delaware Christened
Huntington Ingalls Industries christened the Virginia-class submarine Delaware (SSN 791) this morning at the company’s Newport News Shipbuilding division.Jill Biden, the former Second Lady of the United States and the ship’s sponsor, smashed a bottle of sparkling wine against the hull, celebrating the latest milestone of the newest U.S. Navy vessel prior to its launch.“I know it is a tremendous privilege to be selected as a pre-commission crew member…
Kitron Signs MASS Nodes Deal with Magseis
Scandinavia's Offshore/Marine electronics manufacturing services company Kitron and Norwegian geophysical company Magseis ASA has entered into an agreement to manufacture Magseis' MASS (Marine Autonomous Seismic System) nodes to support their growth.Magseis, founded in 2009, is specialising in OBS - Ocean Bottom Seismic - acquisition. Magseis has developed their proprietary, autonomous MASS nodes and fully automated handling system…
ABS Awards AIP to HHI’s Deepwater FLNG Hull
ABS granted Approval in Principle (AIP) to Hyundai Heavy Industries’ (HHI) Deepwater Floating Liquefied Natural Gas (FLNG) hull design.HHI advises the Newbuilding Conversion FLNG hull design for offshore application can be constructed for about 80 percent less than the cost of a conventional FLNG hull. It is based on LNG carrier designs combined with the requirements for FLNG production, such as structural…
U.S. Announces Major Offshore Wind Developments
U.S. Secretary of the Interior Ryan Zinke announced three major developments in American offshore wind energy spanning from coast to coast.The Secretary spoke at the American Wind Energy Association’s Offshore Wind Conference and announced 1.) much-anticipated wind auction in federal waters off the coast of Massachusetts; 2.) the environmental review of a proposed wind project offshore Rhode Island…
ABS Awards AIP to HHI’s Standardized FPSO Topside
The global provider of classification and technical advisory services to the marine and offshore industries ABS granted Approval in Principle (AIP) to Hyundai Heavy Industries’ (HHI) Standardized design for a Floating Production Storage and Offloading (FPSO) facility.Initially intended for operations in West Africa, HHI advises its standardized topside design is adaptive to a range of conditions, potentially…
Tilbury Port to Capitalise on Opportunities to Boost Trade
Tilbury Port and the people that work there will play a major role in helping the UK to increase international trade after we leave the European Union.International Trade Secretary Dr Liam Fox visited Tilbury Port to meet with port workers and management, as well as members of the Tilbury on the Thames Trust.Tilbury is the fastest growing port in the UK and a £1 billion investment programme will see the port employing 9,000 people by 2020, 3 times more than it did in 2012.
NGO Shipbreaking Platform Slams Gadani Yards
A tanker caught fire at the Gadani shipbreaking beach that holds a deplorable record of life threatening accidents on 11 October.Fortunately, no casualties were recorded. Only a few days later, on 14 October, yet another oil tanker named KRITI (IMO 9270737) caught fire, this time injuring seven workers, three of which are in a critical condition.The Platform has reported a series of accidents following…
ABN Amro, Rotterdam Port, Samsung SDS Launch Container Logistics Blockchain Pilot
The Port of Rotterdam Authority, Samsung SDS and ABN AMRO are preparing to launch a container logistics blockchain pilot.The pilot will seek to use blockchain technology to build a platform for efficient and paperless administration processes for the international finance and logistics surrounding container transport. The result should make it just as easy to transport, track and finance goods and services as it is to order a book online.Currently payments…
Yui Hay Lee is New Port of Oakland Commissioner
Longtime business and civic leader Yui Hay Lee has joined the Port of Oakland’s Board of Port Commissioners. Lee was sworn in yesterday to a seat on the seven-member Board.Lee, President and CEO of Oakland-based YHLA Architects, was nominated by Oakland Mayor Libby Schaaf and appointed by the City Council. He replaces eight-year Board veteran Alan Yee, whose latest term expired.“We’re delighted to welcome Yui Hay Lee to our Board,” said President Ces Butner.
JFD Completes Sea Trials DSRV
JFD, the world leading underwater capability provider serving the commercial and defence markets, and part of James Fisher and Sons plc, has successfully completed the sea trials of the deep search and rescue vehicle (DSRV) for the first of two 3rd Generation Submarine Rescue Systems being delivered to the Indian Navy, the company has announced.The DSRV carried out underwater mating with a bottomed submarine at a depth of over 300 feet…
Arkas Bunkering, Sumitomo Corporation in LNG Bunkering Deal
Arkas Bunkering have signed a protocol with Japan-based Sumitomo Corporation for the use of liquefied natural gas (LNG) as bunker fuel in Turkish and nearby seas. As environmentally-friendly buildings, vessels and fuels have become more popular than ever, new applications acting as reminders for both states and civil initiatives of their environmental responsibilities continue to emerge. With International Maritime Organisation’s (IMO) global sulphur cap set to enter into force in 2020…
POTAC Signs Dock Usage Pact with Port of Corpus Christi
POTAC (Pin Oak) announced the execution of a ten year exclusive use agreement for Suezmax vessels at Public Oil Dock 14 with the Port of Corpus Christi, including extension options, exercisable by the Company, which could extend the agreement for up to an additional ten years.In addition to Suezmax vessels, Pin Oak will be able to efficiently load / unload Aframax, Panamax, and other smaller vessels and barges.
