Ezra Holdings Chairman Steps Down
Mr. Lee Kian Soo, Executive Chairman of the Company, steps down to be replaced by Mr. Koh Poh Tiong. Ezra is a leading offshore contractor and provider of integrated…
Seismic 3D Vessel Charter by Seabird Exploration
SeaBird Exploration, through a subsidiary of Ordinat Shipping AS, charters the 3D vessel 'Geo Pacific' from Fugro. The vessel has been fixed on a 4 month time charter, intended to be converted into a 3 year bareboat charter with four one-year options to extend the contract. Furthermore, SeaBird will also have purchase options on the vessel in year three and, to the extent the lease is extended, year four. The vessel is fully equipped and will be a valuable addition to SeaBird's 3D capacity.
STX Europe Sells Norwegian Shipyard
STX Europe AS sells STX Norway Florø AS and STX Norway Design Florø AS to Westcon Group AS. STX Europe completes the sale of all of the shares in its wholly owned subsidiaries STX Norway Florø AS and STX Norway Design Florø AS to Westcon Group AS. The order backlog of STX Norway Florø AS was NOK 59 million at the end of Q3 2012 and the order book consisted mainly of one offshore pipelay vessel, the "Deep Energy".
Oil Platform Hook-up, Commissioning Contract for Kvaerner
ConocoPhillips confirms options in the Eldfisk 2/7 S topside contract for Kvaerner to perform offshore hook-up & commissioning assistance. In March 2011, Kvaerner…
Maritime World Announces Reduced DMC, Jadaf Tariffs
Reduction in rates aimed to benefit small vessel owners. Maritime World has announced the reduction of tariff rates along all aspects of the business at Dubai Maritime City (DMC) and Jadaf from January 2013. This is in light of Drydocks World – Dubai’s 30th Anniversary celebrations in 2013. The reduction by from 2012 rates is aimed at facilitating the growth of the industry at the micro-level and increasing the repair and maintenance options available to small to medium size vessel-owners.
InterManager to Tackle Industry Challenges
Low freight rates and a challenging market are concerns for ship managers as they begin 2013. A survey of members of InterManager, the international trade association for the ship and crew management industry, has identified the main concerns affecting the industry as it begins the New Year. In addition to fears about how challenging market conditions impact on operating budgets, ship and crew managers…
Impact of Potential Mississippi River Closure Revised
Effective Shutdown of Nation’s Busiest Water Transportation Artery Looms Between Early- to Mid-January. The American Waterways Operators (AWO) and Waterways Council, Inc. (WCI) have released revised data on the economic impact of an effective shutdown of the Mississippi River to barge traffic in the month of January. Earlier data had examined the impacts between December and January. The U.S. Army Corps of Engineers’ latest weather and water forecast for the Mississippi River near Thebes…
BAE Systems joined with Mid Ocean Tanker Company (MOTC), Mid Ocean Marine and Alterna Captial Partners earlier this year to commission the American Phoenix, a U.S.
A Boon to Shipbuilding
Having detailed instructions for each shipbuilding task and precise sequencing of the workflow is creating efficiencies and reducing rework at shipyards on the east and west coasts of the US. The work packs that Senesco Marine’s tradesmen are working from provide instructions—including checks and balances and dimensions—for each step of the process. “The person cutting the angles to go on panels has a cut sheet with instructions on how to cut every angle…
Deepwater Gulf of Mexico: Bright Future
Quest Offshore characterizes the U.S. Gulf of Mexico as a deepwater region that is “Transitioning into a Bright Future.” According to the recently released 116-page Quest Deepwater Review Gulf of Mexico report, the Gulf of Mexico has experienced massive changes in the last 5 years with long-term implications for the region and the wider deepwater oil and gas market. The worldwide financial crisis and subsequent recession, shale gas’ implications on U.S.
Insights: Todd M. Hornbeck
Chairman, President and Chief Executive Officer, Hornbeck Offshore Services, Inc. While this month’s selection for our INSIGHTS feature needs no introduction to maritime and energy insiders everywhere, Todd Hornbeck’s professional journey is worth pausing to reflect upon. Hornbeck, Chairman, President and Chief Executive Officer of Hornbeck Offshore Services, Inc. (NYSE:HOS), founded the company in 1997. Until 2002 Mr.
Signet Shipbuilding Delivers Heavy Deck Barge
In May of 2012, Signet Maritime Corporation commenced construction of a new-build 140’ x 40’ deck barge, SIGNET 141, at its Signet Shipbuilding & Repair division. The barge, designed by Farrell and Norton Naval Architects of Newcastle, Maine, will provide an additional asset to assist customers in the growing Port of Pascagoula, where it will be based for charter throughout ports in the US Gulf. The barge has an LOA of 140’…
Wrap Yourself in History
One of the most famous sea battles in U.S. naval history took place in September 1813, not upon the sea, but on the waters of Lake Erie, between what is now Ohio and Ontario, Canada. In the War of 1812 against Great Britain, the Battle of Lake Erie was a crucial and decisive victory for America and itsNavy, and the flotilla led by 27-year old Commodore Oliver Hazard Perry. That battle was recently commemorated with events on Lake Erie. And next year—the 200th anniversary—will be even bigger.
20 Seconds to Comply ...
Alternatives to Carbon Dioxide fire suppression systems can provide the performance without the activation delay according to Kristin Øgaard of Norway’s Autronica Fire and Security AS. With the phase out for environmental reasons of fire suppression systems using Halon gas starting in 1994, the use of Carbon Dioxide (CO2) as a fire suppressant has become typical both on land and at sea. Today, CO2 fire suppression systems can be found in engine rooms and cargo areas on board…
CFOA Introduces New Executives
The Canadian Ferry Operators Association (CFOA) announce its team to lead the organization into 2013. CFOA is a member-based organization representing Canadian ferry owners and operators across the country. Ferries are an integral part of Canadas transportation system. CFOA has more than 60 members, accounting for nearly all the major ferry routes in Canada. · Captain Jamie Marshall, Chair British Columbia Ferry Services Inc.
New Ship EEDI & All Ships SEEMP Now in Force
IMO inform that regulations to improve the energy efficiency of international shipping entered into force 1, January 2013. The EEDI is a non-prescriptive, performance…
FPSO Arrives at Petrobas Offshore Brazil Site
Floating Production Storage & Offloading (FPSO) vessel 'Cidade de Itajaí' arrives at the Santos Basin. Petrobras announce the FPSO's arrival at its definitive location…
Matt Yacavone Joins Crowley
Matt Yacavone joins Crowley as Vice President of Sales and Chartering, Petroleum Services. He will be domiciled in the company's Jacksonville headquarters and report to Rob Grune, senior vice president and general manager, petroleum services. Yacavone, who assumes his new position Jan. 7, will be responsible for the planning and direction of sales and chartering initiatives, overseeing development of policies and procedures…
Chinese Lone Yachtsman Inmarset-sponsored
Chinese single-handed sailor Guo Chuan starts 2013 tackling strong winds & towering waves of the Southern Ocean’s Roaring Forties. The Chinese yachtsman is attempting to set a new world record for solo non-stop circumnavigation of the globe. No sailor has ever attempted this in a boat as small as his 40-foot (12-metre) vessel Qingdao. Guo cast off from Qingdao in Shandong province, eastern China, in November on the 21,600-nautical-mile journey, which is expected to take about 125 days.
Stranded Kulluk Rig Update
Rear Adm. "“My primary concern is ensuring the unified command has the personnel, assets and equipment they need to safely salvage the Kulluk,” said Ostebo. Ostebo is also working with the unified command to ensure that the public, stakeholders and elected officials are kept up to date on the response and its objectives. “This is a very large and complex response and it is important that the American…