CSO Alliance Tackles Maritime Crime
Network will facilitate a coordinated response to a major problem, utilizing the latest interactive web-based tools to offer the maritime sector “security through community”.
Vard, Nordic American Offshore Sign LOI for PSV Builds
Vard Holdings Limited announced that it has entered into a Letter of Intent (LOI) with Nordic American Offshore Ltd. for the design and construction of two Platform Supply Vessels (PSV), and an option for a third vessel. The vessels are of VARD 1 08 design, developed by Vard Design in Ålesund, Norway. The hulls of the vessels will be built at Vard Braila in Romania. Delivery is scheduled from Vard Aukra in Norway in 2Q and 3Q 2015.
Viking to Upgrade, Service Topaz Life Rafts
Topaz Energy and Marine, an offshore support vessel (OSV) company, and marine and fire safety equipment company VIKING Life-Saving Equipment has jointly announced the signing of a multimillion dollar, 10-year life-raft servicing agreement. Under the terms of the contract, Viking will upgrade all of Topaz’s current life rafts and manage the ongoing servicing and certification of Topaz’s life raft fleet.
Seadrill Ink US$1.1-Bln Total Contract
Offshore driller Seadrill signed a five-year, $1.1 billion contract with Total for work offshore Nigeria, it said on Monday. The contract, for Seadrill's newly built ultra-deepwater West Jupiter drillship, is worth around $600,000 per day, including mobilisation, according to Reuters calculations. The vessel will be delivered from Samsung Heavy Industries' shipyard in Geoje, South Korea in August. (By Balazs Koranyi)
Pirates Loot Thai Tankship Cargo: Crew Safe
A Thai oil tanker reported missing two days ago has been recovered with all of its crew members safe but pirates who hijacked the tanker took its cargo and damaged communications gear, the International Maritime Bureau (IMB) said on Monday. The MT Orapin 4 lost contact with authorities after departing for Indonesia from a terminal in Singapore on Friday, prompting the IMB to send an alert shortly after.
ITF Names Black Sea 'Sea of Shame'
The International Transport Federation (ITF) informs that its multinational week of action with maritime unions in ports around the Black Sea has brought results, and the Federation has challenged conditions for seafarers working on what it has called the "Sea of Shame". The ITF says the Black Sea remains one of the most dangerous places on earth to be a seafarer. The action by inspectors and union members in Bulgaria…
Swiber Wins Big Latin America EPIC Contract
Construction & support services provider to the offshore oil and gas industry, Singapore's Swiber Holidngs, says it has won an Engineering, Procurement, Installation and Construction (“EPIC”) contract in Latin America for subsea development work including pipeline tie-in work, with an aggregate value of US$80-million. The project will commence immediately and is expected to complete in 2015. Commented Mr.
Latest DoD Contracts
Contracts have been awarded by the U.S. Department of Defense to Great Lakes Dredge & Dock, NASSCO-Mayport, Timken Gears & Services Inc., and Colonna's Shipyard, Inc. Great Lakes Dredge & Dock Co., Oak Brook, Illinois, was awarded a $25,376,872 firm-fixed-price contract for dredging the main channel of the Delaware River. Work will be performed in Philadelphia, Pennsylvania, with an estimated completion date of March 31, 2015. U.S.
Another Carnival Cruise Ship Medevac
U.S. Coast Gurard Miami report that a 57-year-old male passenger aboard the cruise ship 'Carnival Sensation' was medically evacuated after suffering an injury 43 nautical miles east of Boca Raton, Florida. After consulting with the flight surgeon, a medical evacuation was recommended due to the accute severity of the passenger's injury. An MH-65 helicopter crew from Coast Guard Air Station Miami launched to respond to the report.
Scorpio Tankers Update on Finance, Vessel Deliveries
Scorpio Tankers Inc. gives details of its agreement to acquire some of its own common shares; to buy back stock; and also sets out a fleet update. Scorpio Tankers Inc. says it has entered into an agreement to purchase from an existing shareholder 7,500,000 common shares of the Company in exchange for the sale to the same shareholder of 3,422,665 common shares it currently owns in Dorian LPG Ltd in a privately negotiated transaction.
Chinese MH 370 Search Ship to Port for Sonar Repair
Australia's Joint Agency Coordination Centre (JACC) informs that the Chinese survey ship 'Zhu Kezhen' which is conducting the bathymetric survey – or mapping of the ocean floor – is enroute to the port of Fremantle. Zhu Kezhen suffered a defect to its multibeam echosounder and is coming into port to conduct the necessary repairs. The journey is expected to take a couple of days. As previously advised…
Nordic American Companies' Financial News
Nordic American Tankers Limited (NAT) says it has bought two Suezmax tankers, bringing its fleet to 22 Suezmax vessels. Secondly, Nordic American Offshore Ltd. (NAO) announces a proposed public share offering. The Company says it has agreed to acquire two Suezmax vessels, delivered from a top shipyard in 2005. The agreed purchase price is US$36.5-million each. The vessels are expected to be delivered to us no later than August, 2014.
IMO's MSC Meeting Approves Important SOLAS Amendments
IMO informs that its Maritime Safety Committee (MSC) has adopted important SOLAS amendments related to inert gas systems as well as amendments to a number of treaties to bring into force the mandatory IMO audit scheme. In addition it has approved, in principle, the draft Polar Code and related amendments to make the Code mandatory under SOLAS, with a view to formal adoption at its next session in November.