BP Quits Indonesian Blocks on Risk Concerns
UK-listed energy giant BP has decided to relinquish two exploration blocks to Indonesia, after a survey of the blocks found them to be high risk, the company said on Friday.
Europe's Offshore Wind Capacity Growing
New capacity edges down 5 pct from record 2013; industry body forecasts stable growth over 2015/6. Europe's offshore wind capacity kept up a steady rate of growth in 2014 and should expand at a similar pace on average over the coming two years, an industry report said on Friday. New capacity connected to the grid totalled 1,483 megawatts (MW), edging down from 1,567 MW in 2013 when a record number of turbines and wind farms were installed, the European Wind Energy Association (EWEA) said.
Tohoku Electric's LNG Buy Sets Asian Spot Level
Japanese utility Tohoku Electric has purchased an LNG cargo for delivery in the third week of March at a price in the low $7 per million British thermal unit (mmBtu) range…
Marquette Transportation Reportedly for Sale
Marquette Transportation Company LLC, a U.S. towboat operator, is exploring a sale that could value it at more than $1 billion and has attracted the interest of Dell Inc Chief Executive Officer Michael Dell, according to people familiar with the matter. Marquette's owners, that include its founders and buyout firm KRG Capital Partners LLC, are working with investment bank Harris Williams & Co on an auction for the company that is already underway, the people said this week.
European Shipping Week Announces Speakers
Adam Goldstein, President and COO of Royal Caribbean Cruises, Pierfrancesco Vago, Chairman of CLIA Europe and Executive Chairman of MSC Cruises, and Paolo Tonon, Vice-President and Head of Maersk Technology join the list of key industry shipping personnel and EU regulators at European Shipping Week in Brussels March 2-6 . Goldstein and Tonon will bring experience and knowledge of corporate strategy and information technology to the innovation panel discussion…
ISS Palumbo UK Acquires Union Transport
ISS Palumbo UK, part of maritime services provider Inchcape Shipping Services (ISS), has acquired U.K. freight forwarding specialist Union Transport (Newcastle) Ltd.
NAO Secures PSV Contracts with Oil Major
Nordic American Offshore Ltd. (NAO) informs that it has secured platform supply vessel (PSV) contracts with a major oil company. NAO’s two new contracts with are for four months firm periods, with further options for each vessel. NAO said the deal will secure firm employment for two of our vessels from February/March this year, and in the meantime they are operated in the spot market. The NAO vessels are operated in the North Sea.
Raytheon Anschütz Opens Service Center in Panama
German navigation system manufacturer Raytheon Anschütz has established its new subsidiary Raytheon Anschuetz Panama, S. de R.L., in Panama City. The new company, to open on February 1, 2015, will be positioned as the regional customer support and service coordination center, including service training capabilities and a large spare parts depot for Panama, Middle and South America and the Caribbean.
BOEM Issues Supplemental Environmental Impact Statement
The U.S. Department of the Interior, Bureau of Ocean Energy Management (BOEM), announces the availability of the Draft Supplemental Environmental Impact Statement (EIS) for proposed Central Planning Area (CPA) Lease Sales 241 and 247 and Eastern Planning Area (EPA) Lease Sale 226. The proposed CPA oil and gas lease sales are tentatively scheduled to be held in March 2016 and 2017, respectively, and…
New Survey Vessel Ordered for the Port of London
The Port of London Authority (PLA) has ordered a new purpose-built survey catamaran, a CTruk MPC19, due to enter service on the river Thames later this year. The vessel is will replace the PLA’s Yantlet vessel as she reaches the end of her service life, continuing the PLA Hydrography team’s survey work which facilitates safe navigation on the tidal Thames. As the U.K.’s busiest inland waterway, the river is a link for trade, travel and leisure and as home to the U.K.’s second largest port.
USCG Updates Rules for Arrival/Departure Notices, AIS
U.S. Coast Guard (USCG) headquarters issued a statement announcing the publication of the final rule on Vessel Requirements for Notices of Arrival and Departure…
Chevron Scraps 2015 Share Repurchase Program
Chevron Corp halted its 2015 share repurchase program on Friday, a move to conserve cash amid tumbling oil prices. The company's shares extended loses on the news…
Shippers Must Monitor Greek Government Changes
International accountant and shipping adviser Moore Stephens says it is too soon to say whether the Syriza party’s victory in the country’s elections could, as some fear, have a damaging effect on the country’s shipping industry. Rather, it says, Greek shipping interests will need to monitor how the change of government might affect them on both a business and personal level before reviewing any long-term plans.
NASSCO to Christen Third MLP, Lewis B. Puller
Shipbuilder General Dynamics National Steel & Shipbuilding Co. – NASSCO – will christen the USNS Lewis B. Puller (MLP 3 AFSB) Saturday, February 7, 2015 in San Diego. General Dynamic’s NASSCO arguably has the most diverse and enviable shipbuilding backlog in the U.S., with its navy and commercial orderbook stretching out for three years. Its new ship, the USNS Lewis B. Puller, is the third vessel of the Mobile Landing Platform (MLP) class…
Congestion is Port of Long Beach’s Toughest Issue
In his first-ever State of the Port address, Port of Long Beach Chief Executive Jon Slangerup on Thursday unveiled plans for congestion-beating smart systems for cargo movement and an all-out push to achieve energy resilience for port operations with wind turbines, solar cells and other clean technologies. Speaking to an audience of nearly 900 at the Long Beach Convention Center’s Pacific Ballroom…
Sjo Resigns from Polarcus Board of Directors
Polarcus Limited announced that Hege Sjo will resign from its board of directors effective February 2, 2015. Sjo has accepted an appointment as Deputy Director General…
HII Acquires Engineering Solutions Division
Huntington Ingalls Industries (HII) has acquired the Engineering Solutions Division of The Columbia Group, a designer and builder of unmanned underwater vehicles…
Kongsberg Expands Louisiana Office, Training Facility
Kongsberg Maritime has purchased approximately 5.2 acres for new construction on an 82,980 sq ft office and training facility. Construction on the James Business Park property located on James Drive East in St. Rose, Louisiana is scheduled to begin this spring. Kongsberg Maritime moved its service department from Houston to Louisiana in 2003 establishing a small office in James Business Park with nine full-time employees.
SSI Launches ShipConstructor 2015 R2.1
SSI has today released ShipConstructor 2015 R2.1 software. The software release comes in response to emerging ship design, engineering and building trends as identified by SSI’s Client Council of industry leaders. The advisors on this software launch were representatives from U.S. and Canadian companies: Genoa Design, Glosten & Associates, Gunderson Marine and Trinity Marine Products. This group has similar production methods and/or design approaches.
Imabari to Build 20,000TEU Containerships
Imabari Shipbuilding Co., Ltd. announced it has secured newbuild orders with the cooperation of Marubeni Corporation for 11 units of 20,000TEU Ultra-Large Container Carriers…