Foster Wheeler Contracted For Terrace WallTM Steam Reformer Heater
Foster Wheeler AG (Nasdaq:FWLT) announced today that a subsidiary of its Global Engineering and Construction Group has been awarded a contract by Glencore Oil Projects AG for the engineering and material supply of a steam reformer heater for hydrogen production for the Orsknefteorgsyntez Refinery at Orsk, Russia. The value of Foster Wheeler’s contract was not disclosed and was included in the company’s first-quarter 2014 bookings.
Day of the Seafarer is Today 25, June
The ‘Day of the Seafarer’ is an official United Nations international observance day celebrated on 25 June every year, in order to celebrate seafarers around the world. The event is organised by the International Maritime Organisation (IMO) with the aim to raise awareness of seafarers and highlight the often invisible role they play in our lives every day, delivering over 90% of the world’s goods.
Gazprom Opens Museum of War in Brest Fortress
Led by Vitaly Markelov, Deputy Chairman of the Gazprom Management Committee, a Company's delegation took part in the inauguration of a new museum within the Brest Hero-Fortress memorial complex. Boris Svetlov, Minister of Culture of the Republic of Belarus and Konstantin Sumar, Chairman of the Brest Regional Executive Committee participated in the ceremony. The museum is called 'Museum of War – Territory of Peace'.
US Coast Guard on Canvas: 2014 Art Program
The dedication and character of the men and women of the U.S. Coast Guard provide inspiration for many across the nation. Some of the most inspired are Coast Guard artists who belong to the Coast Guard Art Program. The Coast Guard Art Program (COGAP) uses fine art as an outreach tool for educating diverse audiences about the United States Coast Guard. Through displays at museums, libraries and patriotic events…
Iraq Strife Offers Little Upside to Depressed Tanker Markets: Analyst
The situation in Iraq has taken center stage in the oil markets. Iraq is now in a state of sectarian civil war and the most likely situation is that the country will become mired in a protracted Syria-like conflict, with the population divided along ethno-sectarian lines. But this offers little upside for currently depressed tanker markets, considers PIRA Energy Group's Weekly Oil Market Recap. Iraq’s Baiji refinery is likely to be idle for a prolonged period…
UK Minister Rebuffs Plea to Delay SOx Limit Implementation
An attempt by the UK’s Chamber of Shipping last week to persuade the British government that the industry needed more time to comply with new sulphur emission limits entering force on 1 January next year received short shrift from the shipping minister. However the Chamber, along with other European shipowners' associations, is reported to be determined to continue its campaign, reports shipping trade association Maritime London.
TUI CEO Steps Aside from Charitiable Foundation Chair
Thomas Ellerbeck, member of the Management Board of the Germany-based travel and cruise ship firm TUI AG, has been appointed by the Group’s Executive Board to take over this mandate from Friedrich Joussen, who is CEO of TUI AG. (With Hapag-Lloyd Kreuzfahrten and TUI Cruises, TUI AG’s portfolio has two brands in its portfolia offering maritime holidays. It is also in a joint venture with Royal Caribbean Cruises Ltd.
Scrapped Ships Fund $1.7-Million US Maritime Heritage Program
The National Park Service, in partnership with the Maritime Administration, informs of the availability of approximately $1.7 million in grant funding through its Maritime Heritage Program for projects that teach about and/or preserve sites and objects related to the nation’s maritime history. The National Maritime Heritage Grant Program is administered by the National Park Service in partnership with the Maritime Administration.
HFW Lawyers Advise Genting HK on Cruise Ship Order
International maritime law partnership Holman Fenwick Willan (HFW) says it has advised Chinese Percept Limited, a wholly-owned subsidiary of Genting Hong Kong Limited (Genting), on the group's second newbuild mega-cruise ship order in 12 months, in a deal with German shipbuilder Meyer Werft GmbH worth €697.2 million. The HFW team, led by Hong Kong Partner Patrick Yeung, advised Genting on the shipbuilding contract and related ECA-supported financing.
Total Cancel 'Skandi Aker' Vessel Contract
Aker Solutions' subsidiary Aker Oilfield Services says it has been notified by Total in Angola of the termination of a USD 250 million, two-year contract for the 'Skandi Aker'. Aker explain that the Skandi Aker started operations as a well-intervention vessel for the first time in September 2013 when the contract with Total commenced. The value of the remaining contract period is about USD 150 million and will be removed from the order backlog.
SMD Begins Auxiliary Cutter Assembly
Nautilus Minerals Inc. will begin assembling its third and final Seafloor Production Tool (SPT), the Auxiliary Cutter (AC), this week at Soil Machine Dynamics’ (SMD) facility in Newcastle in Tyne, UK. Nautilus' CEO, Mike Johnston said “we are pleased that the assembly of the AC, the third and final of the three SPTs has now commenced, with the arrival of the chassis at the SMD facility. The next milestone…
Climate Change Could Cost Europe $260 Billion
If no further action is taken and global temperature increases by 3.5°C, climate damages in the EU could amount to at least $260 billion (€190 billion), a net welfare loss of 1.8% of its current GDP. Several weather-related extremes could roughly double their average frequency. As a consequence, heat-related deaths could reach about 200 000, the cost of river flood damages could exceed $13.6 billion (€10 billion) and 8,000 km2 of forest could burn in southern Europe.
Statoil's Lund: Natural Gas is a Big Opportunity for Germany
Switching from coal to gas as the power sector is a significant opportunity to cut emissions. This alternative can save more than 50% of emissions per kilowatt-hour of electricity produced. “I think it is both timely and necessary for German to develop a plan for how natural gas can contribute to fulfilling the ambitions of the Energiewende (energy transition). Increasing the use of natural gas will be beneficial both for the German economy and for the climate,” Lund said.
Brown Appointed COO at Lloyd’s Register
in Lloyd’s Register announced the appointment of Nick Brown, previously Director Business Development & Innovation, as the group’s new Marine Chief Operating Officer. Reporting to Marine Director Tom Boardley, Nick will be responsible for LR’s four global operating regions – Asia, Americas, Northern Europe and Southern Europe. David Barrow becomes Regional Marine Manager (RMM) for a new Northern Europe region while Apostolos Poulovassilis is RMM for Southern Europe, Middle East and Africa.
Bourbon Takes Delivery of its 500th Vessel
Bourbon celebrates delivery of the 500th vessel, placing the group at the head of the world's largest fleet of vessels operated (vessels owned or on bareboat charter) for the offshore marine services industry. Bourbon announced the entry into service of its 500th vessel - the Bourbon Evolution 806, the sixth vessel of the first series of vessels for inspection, maintenance and repair (IMR) of subsea infrastructure for the offshore industry.
Mammoet Opens New Latin America, Europe Offices
Mammoet has opened a new office in São Paulo, Brazil, replacing its previous premises in the city. The new office serves as main office for the whole Latin America region.Additionally, Mammoet opened a new crane depot in Europe at the Port of Antwerp. The Latin America office, located on the first floor of EBP’s Torre A, Rua Werner von Siemens 111 in Lapa, carries a greenhouse certificate, making it one of the few in the region to have such environmental certification.
Dacon Rescue Scoop Gains Momentum in Offshore Wind
Dacon announced it has again been contracted to deliver its Dacon Rescue Scoop to a service vessel in the offshore wind industry. This is the fifth vessel in a series of carbon fiber SWATH designs that Odfjell Wind AS are building at Danish Yachts, all of which have been equipped with the MOB rescue system, Dacon said. These systems have traditionally been in use on standby vessels that provide rescue capability to oil and gas rigs but are now gaining momentum in the offshore wind industry.
Hijacking for Product Theft is Business as Usual in Southeast Asia
Well-established local criminal syndicate diversifying its targets rather than undertaking new operations says Denmark-based security advisory and intelligence company Risk Intelligence.
Kongsberg Delivers Unique Rig Training Model
Kongsberg Maritime recently delivered a new rig simulator model at Simsea, based on the Floatel Superior accommodation unit, which is currently in operation in the North Sea. Developed as a part of the Kongsberg K-Sim Offshore simulators already installed at Simsea, the new customized model will be used to train semi-submersible rig personnel in advanced operation of Dynamic Positioning (DP), position mooring system (POSMOOR), stability/ballasting and rig move/anchoring.
New LNG Bunkering Safety Training Course
The Maritime Simulation Institute in Middletown, R.I., is developing a liquefied natural gas (LNG) bunkering safety training course, with the first session to begin in June for Harvey Gulf International Marine. The 45-hour bunkering course for Harvey’s LNG bunkering persons-in-charge (PIC) will be offered ahead of any U.S. Coast Guard regulations governing LNG bunkering. The first course likely will include Harvey Gulf master’s, mates and engineers.