Trelleborg’s Acquisition of Business In offshore Oil and Gas
Trelleborg’s acquisition of a business in the offshore oil and gas industry in Brazil from a subsidiary of Veyance Technologies has been finalized. The business focuses on specially designed oil hoses for surface and deep-sea applications for the strongly growing offshore oil and gas extraction industry in Brazil. The operation will be integrated into Trelleborg Engineered Systems business area. A press release on the agreement regarding the acquisition was published on March 14, 2011.
WSS Rolls Out Single Payment System
Ship operators and managers are benefitting from the administrative efficiency of a single payment system for port calls launched by Wilhelmsen Ships Service. A Float Account scheme operated by the company enables the ship operator to deposit a fixed amount with them to cover a month’s anticipated port calls. The sum is used to cover all the expenses of the operator’s vessels, wherever they call in the world.
EMAS to take delivery of FPSOs from Keppel Shipyard
EMAS Production is set to take delivery of one of Vietnam's largest Floating Production Storage and Offloading (FPSO) vessels from Keppel Shipyard Limited (Keppel Shipyard), on behalf of owner PV Keez Pte. Ltd (PV Keez). To be managed and operated by EMAS Production, FPSO Lewek EMAS has been chartered by Premier Oil Vietnam Offshore B.V. for the development of the Chim Sáo field off southern Vietnam for six years, with a further option to extend the charter by another six years.
Stolt-Nielsen Limited Completes Open Market Partial Tender Offer
LONDON, April 12, 2011 - Stolt-Nielsen Limited (Oslo Børs: SNI) completed its previously announced open market partial tender offer ("Offer") for SNL common shares with a total maximum value of $47 million. SNL bought back 1,825,900 shares at a price of NOK 140 per share at a total cost of $46.8 million. SNL now holds 6,285,530 shares, or 9.80%, of its common shares. With the completion of the Offer the $50 million buy-back programme announced by SNL on November 19, 2010 is now accomplished.
Piracy in the Indian Ocean
Somali based pirates continue to cause serious challenges to merchant vessels transiting the Indian Ocean.At the time of writing, EU NAVFOR statistics indicate that there are 26 vessels and 582 crew held captive off the coast of Somalia (not taking into account an unknown number of smaller dhows and fishing vessels that have been seized). Moreover, the International Maritime Bureau (IMB) reported that Somali pirates hijacked 49 vessels in 2010, an increase from 47 in 2009.
Ulstein Acquires West Maritime Engineering Ops
The engineers at West Maritime have become a part of the Design & Solutions business area at ULSTEIN, in connection with a strategic effort to strengthen the engineering area. “Engineering is an important focus for Design & Solutions, as it ties together what we do in design with what we do in terms of delivery and integration of equipment packages”, says Tore Ulstein, COO for the business area. West Maritime are engineering professionals…
HHLA Orders 14 Kalmar Straddle Carriers
Hamburg terminal operator HHLA (Hamburger Hafen und Logistik AG) has placed an order with Cargotec for 14 Kalmar 7+ generation ESC350W diesel-electric straddle carriers. The new machines, acknowledged as the most environmentally friendly model offered by Cargotec, will be deployed at HHLA's Container Terminal Burchardkai (CTB) facility and will be delivered in September this year. The new straddle carriers feature Selective Catalytic Reduction engine technology…
Rolls-Royce Expands in Namibia
Rolls-Royce opened its latest Marine Service Centre, in Walvis Bay, Namibia.The investment is the latest stage in the development of a global Marine Service Centre network…
New opportunities in the Barents Sea
Holdings in 11 new production licences have been awarded to Statoil in the 21st licensing round on the Norwegian continental shelf (NCS), which was announced by the government today, 15 April. The group received eight new operatorships, with four of these in the Barents Sea and four in the Norwegian Sea. “We are very pleased with the award of new acreage in the Barents and Norwegian Seas,” says Gro Gunleiksrud Haatvedt, senior vice president for exploration on the NCS.
Omega Navigation Announces Entering Into an Amendment of the Maturity Date
Athens, Greece, April 12, 2011 - Omega Navigation Enterprises, Inc. (NASDAQ:ONAV), a provider of Global Marine Transportation services specializing in product tankers, announces that it has reached an agreement with its lenders to amend the maturity date of both the current senior and junior loan facilities. With this agreement the new maturity date will be May 10, 2011 on both facilities, amended from the current maturity date of April 12, 2011. About Omega Navigation Enterprises, Inc.
Connecticut Solicits for Marine Pilot Apprentice
As authorized by the Connecticut General Statute Sec 15-13 and detailed in Sections 15-15a-6 and 15-15a-7 of the Regulations of Connecticut State Agencies, the Commissioner…
Portuguese Take Command of EU NAVFOR Counter Piracy
On April 14, in a ceremony held at the Commercial Port of Djibouti, Portuguese Commodore Alberto Correia took over the command of Task Force 465 (TF 465) as the…
This Day in U.S. Naval History - April 15
1962 - USS Princeton brought first Marine helicopters to Vietnam. This was first Marine advisory unit to arrive in South Vietnam. 1986 - Operation Eldorado Canyon…
This Day in U.S. Coast Guard History - April 15
1909- Point Judith, Rhode Island: The schooner G.A. Hayden grounded northeast of the station. The sea being too rough for surfboat, life-saving crew took the beach…
BIMCO President Rages Over Kidnapping and Murder of Seafarers
A highly audible protest from the shipping industry against piracy – with a 30-second blast from ships’ sirens every day at noon, in every port in the world – has been recommended to draw public attention to the criminals who are now menacing world trade, and who are holding nearly 800 seafarers captive. Delivering the keynote address at this week’s Singapore conference of the Regional Cooperation Agreement on Combating Piracy and Armed Robbery against ships in Asia (ReCAAP)…
China Shipbuilder’s Profit Rises
According to a report from CRIEnglish.com, on April 15, China State Shipbuilding Corporation (CSSC), the country's largest shipbuilder, posted a 4.32% year-on-year…
GL Noble Denton and Marine Cybernetics: New Partnership
Aberdeen, United Kingdom - GL Noble Denton, the global independent technical advisor to the oil and gas industry, has partnered with control system software testing specialist Marine Cybernetics, to improve performance, reliability and planning for all types of offshore vessels. The partnership will see GL Noble Denton's Dynamic Positioning experts offer extensive failure mode effects and criticality…
Cianbro CEO to Address Maine Maritime Commencement
Peter G. Vigue, chairman and chief executive officer of The Cianbro Companies will address the graduating class at Maine Maritime Academy’s (MMA) 68th Commencement on Saturday, April 30, 2011, at 11 a.m., in Alexander Fieldhouse. Vigue, a 1969 graduate of Maine Maritime Academy, will receive an honorary doctorate from the college. According to MMA President, Dr. William J. Brennan, the college will recognize Vigue’s long record of accomplishments and his position as a respected business leader.
Golar LNG Signs Deal for 4 LNG Ships
Golar LNG Limited is pleased to announce that it has entered into a firm contract to build four 160,000 m3 LNG carrriers with the Korean shipbuilder Samsung Heavy Industries Co Ltd ("Samsung"). The newbuilding contracts were originally entered into by Companies affiliated with Golar's largest shareholder World Shipholding. Golar has acquired the newbuilding contracts from the affiliated party based on the original contracting terms.
Markey Engineers New A&R Winches for Offshore
Markey Machinery recently introduced its new line of Abandonment and Recovery (A&R) winches. Development of Markey’s A&R winches was facilitated through partnership with a world-wide service provider operating a fleet of marine vessels. The manufacturer says that the A&R machines are more cost effective in operation and maintenance requirements, thus making them ideal for oil field services such as maintenance, repair, and decommissioning.