Ukraine Loses at Least $80 Billion Since Russia Takes Crimea
Ukraine has lost at least $80 billion since Russia annexed its southern Crimea region and the price tag will be much higher when Kiev includes lost profits and the…
Royal Caribbean Profit Plunge
Royal Caribbean Cruises Ltd, the world's second-largest cruise operator, said its quarterly profit fell by two-thirds as costs rose and six cruises were canceled or shortened due to several mishaps.
Pirates Flee Captured Dhow under EU NAVFOR Pressure
On Saturday, April 26 the master of a dhow spoke of his relief after six armed pirates, who had taken his vessel and crew hostage, fled the scene after sightings of an EU Naval Force Spanish maritime patrol and reconnaissance (MPRA) aircraft. The master confirmed his ordeal to members of the Boarding Team from the EU Naval Force flagship, FGS Brandenburg, after the German warship had closed the sea area to investigate the dhow.
Today in U.S. Naval History: April 28
Today in U.S. 1962 - Naval forces capture Forts Jackson and St. Philip, La. 1944 - U.S. 1993 - SECDEF memo orders Armed Forces to train and assign women on combat aircraft and most combat ships…
BAE to Perform US Navy Repairs in Hawaii
BAE Systems has received a multi-ship, multi-option (MSMO) contract from the U.S. Navy to repair, maintain, and modernize nine destroyers and cruisers, either homeported in or visiting Pearl Harbor, Hawaii. The five-year contract, awarded by the Naval Sea Systems Command, includes modernization, maintenance, and repair work for the USS Chafee, USS John Paul Jones, USS Chung-Hoon, USS Hopper, USS Michael Murphy, USS O’Kane, USS Halsey, USS Milius and USS Preble.
Dinner Cruise Vessel Built for Chao Phraya River
Thailand has long been noted for exquisite food and gorgeous boats. In recent years these two have found luxurious expression in the growing fleet of big, low-slung dinner-cruise vessels. In 2005 we reported on a 53x11-meter vessel capable of feeding 400 people at a sit-down buffet. A pair of 640 HP Cummins KTA19 M3 engines powered this vessel. June 2014 will see the game moved up several notches when…
Safety Alert: Inadequate Snaphook on Lifejackets
The information in this safety alert was distributed a few years ago by Coast Guard Sector New Orleans with limited geographic reach. Recently, Washington State Ferry personnel discovered numerous problematic snaphooks on one of their vessels and reported it to Coast Guard Sector Puget Sound. This USCG issued a new alert aiming to give the issue wider circulation and provides contact information for persons to take corrective action and obtain new snaphooks.
Shell Says Will Comply with All International Sanctions
Anglo-Dutch oil major Shell said it will comply with all international sanctions, following a United States government decision to impose sanctions against the head of Russian oil producer Rosneft . "Shell monitors trade controls and sanctions closely and will respond appropriately to ensure that we comply with all applicable international sanctions and related measures," a spokesman said. The U.S.
Dron & Dickson Secures Electrical Equipment Contract
Dron & Dickson has secured a two-year contract with Rowan Drilling for a project that will see Dron & Dickson provide lighting and electrical equipment to Rowan Drilling’s offshore assets in the U.K. North Sea for the next two years. Tom Irwin, Business Development Manager at Dron & Dickson, said, “This contract stands as a testament to our relationship with Rowan Drilling, with whom we have been working closely with over the last few years.
Keppel, Seafox Partner to Build Jackups
The accommodation jackup rig with Plug & Abandonment (P&A) features will be based on Keppel’s KFELS J Class design which is suited for the harsh environment of the Norwegian North Sea. Keppel FELS Limited (Keppel FELS), a wholly owned subsidiary of Keppel Offshore & Marine (Keppel O&M) has signed an engineering services agreement with Workfox B.V, a subsidiary of the Seafox Group (Seafox), to embark…
OSD Designs Windfarm Vessel Range
OSD-IMT, the U.K. division of Offshore Ship Designers (OSD), announced it has developed a range of new designs of offshore windfarm service operation vessels (SOVs). The 1,350 dwt IMT972 SOV is powered by two Steerprop SP25 or equal 1900 kWe fixed pitch azimuth propulsion units. There is also an option for fitting two 2.5 MW Voith Turbo main thrusters. Frequency-controlled electric motor-driven CPP thruster units are fitted forward…
Rescuers Search San Pablo Bay for Missing Pilot
U.S. Coast Guard (USCG) and local agencies are responding to a plane crash near San Pablo Bay after two planes collided in mid-air above the Bay Sunday. At approximately 4 p.m.…
ISO/PAS 28007 a Factor for Maritime Security Companies
Almost 50% of the shipping companies who took part in a maritime security survey carried out by GoAGT would only employ ISO/PAS 28007 certified companies. The leading maritime security company, which achieved this certification earlier in March and received the certificate at a ceremony recently, surveyed its clients about the value of professional standards such as the forthcoming ISO/PAS 28007 in the decision to use a private maritime security company (PMSC).
National Oilwell Expects Offshore Rig Demand to Slow
National Oilwell Varco Inc, the largest U.S. oilfield equipment provider, said orders fell by nearly a quarter in the first quarter and it expects demand for new offshore rigs to slow during the second half of the year. The company's shares fell about 7 percent. Demand for contract drilling is softening as rigs ordered during boom times are being delivered now. Large oil companies are tightening spending…
JFMS Vessel Completes its First 2 Charters
James Fisher Marine Service (JFMS) announces the successful completion of the SMV 24 vessel’s maiden charter and immediate subsequent charter at Round Three wind farm sites. The vessel accomplished its first charter working with offshore wind energy developer Forewind to support the Dogger Bank development, and the second charter was to RES Offshore delivering services to Hornsea wind farm. Both projects delivered support to critical metrological masts for the Round Three wind farm sites…
XPD8 Seals Ghana FPSO Contract
Asset integrity management specialist XPD8 Solutions said it has continued its recent success in West Africa for work off the coast of Ghana. Over an 18-month period, the company will develop the maintenance program and inventory data for MODEC’s TEN MV25 floating production, storage and offloading (FPSO) vessel, operated on behalf of Tullow Oil. XPD8 is a company in maintenance engineering, condition monitoring and integrity services for the oil and gas sector.
Jack-Up Barge Acquires Platform for Increased Versatility
Jack-Up Barge, the offshore self-elevating platform supplier, has announced the acquisition of the Odin self-elevating platform from Hochtief. The acquisition expands the Jack-Up Barge fleet, increasing capacity and versatility. This is a new approach from Jack-Up Barge who has previously expanded with new builds. The company will rename the barge JB 119, ready to take its place alongside the seven platforms currently operated.
Volvo Penta Adds Dealer in Brazil
In a bid to expand its parts and service network across the Americas, Volvo Penta said it has appointed Entreposto as its newest dealer for Industrial and Marine Commercial engines in Brazil. One of Brazil’s largest distributors of industrial equipment, Entreposto will provide customers with products, parts and service from its five branches covering the northeast region of the country. The Entreposto Group came to Brazil in 1975, starting its operation selling agriculture machines.
Rigid Reel-Lay Pipe-in-Pipe Installed Offshore Malaysia
McDermott International, Inc. reports that its subsidiary has become the first to install rigid reel-lay pipe-in-pipe in Asia-Pacific for the Siakap North-Petai (SNP) development project offshore Malaysia. At more than 3,900 feet (1,190 meters), the SNP development is one of the industry’s most challenging deepwater projects. “Successfully installing the rigid reeled pipe-in-pipe flowlines on the Siakap project is a significant achievement for McDermott and a first for the region…
China's Cosco, Five Others Interested in Piraeus Port
China's Cosco Group and five other investors have expressed interest in a majority stake in Piraeus port (OLP), the largest in the country, Greece's privatisation agency HRADF said on Monday. Cosco Group's initial interest for a 67 percent stake in OLP, is further highlighting Chinese investors' appetite for Greek assets as the state sells off parts of its businesses to go some way to balance the bailed out country's books.