Court: Vens to Pay Tidewater $46 mln
A World Bank tribunal has ordered Venezuela to pay oil service company Tidewater around $46 million in compensation for seized vessels, in a decision the South American country hailed as a victory.
Rig Count a Predictor for US Q2 Production
The falling number of rigs drilling for oil in the United States is pointing to a decline in U.S. oil production in the second quarter, Goldman Sachs analysts said on Monday.
Australia Reveals Barrier Reef Protections
UNESCO's World Heritage Committee is due to decide in June whether to put the reef on its "in danger" list because its corals have been badly damaged and some of its animal species…
Shell Pulls Back from South African Shale
Royal Dutch Shell is pulling back from its shale projects in South Africa due to lower energy prices although it is still seeking an exploration license for the onshore Karoo Basin…
First Supertanker Docks at Vopak-Dialog Terminal
A supertanker carrying about 1 million barrels of Middle East crude docked on Monday at a terminal jointly run by Vopak and Dialog Group in Malaysia, the companies said.
Chinese-make 2-stroke Wärtsilä Engine Unveiled
The first Wärtsilä two-stroke engine with a high pressure SCR (Selective Catalytic Reduction) system manufactured in China has been introduced. The system is fitted to a 5-cylinder Wärtsilä RT-flex58T-D 2-stroke, low speed engine produced at the Hudong Heavy Machinery Co Ltd (HHM) facilities. The SCR reactor was also manufactured by HHM. This is the first SCR system that complies with the IMO’s Tier III regulations for engine emissions of nitrogen oxide (NOx).
Shipbuilding for the Arctic
The Arctic region has a huge potential in terms of unexploited natural wealth and resources, though it accounts for a small area on the earth’s surface. Many countries…
PGS Wins Patent Dispute with EMGS
Oslo, Norway, Petroleum Geo-Services ASA informed today that Oslo District Court in its judgment of 13 February 2015 ruled in favor of PGS in the lawsuit filed by ElectroMagnetic GeoServices ASA ('EMGS') against PGS for patent infringement relating to PGS' Towed Streamer EM technology. The court found that EMGS' patent NO 324 454 (the 'EMGS Patent') is invalid and that PGS' Towed Streamer EM system therefore does not infringe the EMGS Patent. PGS was also awarded legal fees of NOK 15,292,917.
ABB Shore Power for Johan Sverdrup
Statoil has, on behalf of the Johan Sverdrup partnership, awarded a contract to ABB for land-based power supply to phase 1 of the Johan Sverdrup field. The contract value is around NOK 1.1 billion, and covers delivery of electrical equipment for a converter station by the Kårstø processing complex at Haugsneset in the municipality of Tysvær, and a power module on the riser platform at the Johan Sverdrup field centre.
Rescue Sheet for Liebherr Mobile Cranes
Liebherr mobiles cranes which comply with stage 3b or over now come with a rescue sheet as standard. This shows the structure of the crane and any hazardous substances on it. It is a tool to provide valuable help to fire service and recovery personnel for rescuing personnel and recovering the mobile crane after an accident. The rescue sheet is located behind the driver's seat. Rescue sheets have been available for new cars for some time now.
Lerwick Sees Cruise Season Boom
Lerwick Harbour’s cruise season launches at the double this week, with the arrival of the first two vessels of the year on Wednesday (18 March), bringing 1,850 passengers to Shetland. En route from Andalnes, Norway, to Torshavn, Faroe, Saga Sapphire will anchor in the deep-water port while on a 12-nights Nordic Eclipse cruise, and Magellan will also anchor on her way from Invergordon, Scotland, to Reykjavik, Iceland, on a 12-nights Solar Eclipse maiden cruise.
U.S. Ambassador to Cameroon visits USNS Spearhead
Ambassador Michael S. Hoza, U.S. ambassador to Cameroon, visited and delivered remarks during reception held aboard the Military Sealift Command’s joint high-speed vessel USNS Spearhead (JHSV 1) as part of Africa Partnership Station March 13, 2015. Ambassador Hoza spoke of the importance of Africa Partnership Station, a collaborative capacity-building program in which U.S. forces train with African…
Another Artificial Island in Panama by Boskalis
Royal Boskalis Westminster N.V. (Boskalis) has been awarded a contract from Compañía Insular Americana, S.A. to construct a second artificial island off the coast near the residential area of Punta Pacifica in Panama City. This project follows the successful construction of the first island by Boskalis, which was handed over to the client in early 2013. With a contract value of more than EUR 55 million…
Observation Pod for Cruise Lines by MacGregor
MacGregor, part of Cargotec, has supplied Royal Caribbean International's first Quantum Class cruise ship with a crane and observation gondola called the North Star. It will lift guests 91m above sea level to give them panoramic views of the ship, sea and ports of call. North Star's 7.1-tonne gondola can accommodate 14 guests and one crew member. A stabilising system ensures that it remains level with respect to the vessel's deck…
USCG Responds to Grounded Ferry near Ocracoke Inlet, NC
The Coast Guard responded to a ferry that ran aground Saturday approximately one mile south of Ocracoke, North Carolina. The captain of the Silver Lake, a 220-foot passenger and vehicle ferry, contacted Coast Guard Sector North Carolina watchstanders via mobile phone at approximately 5 p.m., reporting they drifted into shallow water and became stuck. Coast Guard Sector North Carolina watchstanders…
Australia Bans Dumping within Great Barrier Reef
The dumping of dredge spoil in the Great Barrier Reef Marine Park will be completely banned under draft laws proposed by the Federal Environment Minister. Greg Hunt said the regulation would forever end the disposal of capital dredge spoil within the marine park - an area 345,000 square kilometres in size. Capital dredging is the removal of an undisturbed area of the seabed. The reef, home to a huge array of life, is under threat from massive industrial development to enlarge port facilities.
New Korean Maritime Minister Urges for Safety
South Korea's new maritime minister Yoo Ki-june urged all-out efforts to enhance maritime safety. Calling the tragic sinking of a passenger ferry last year the result of a failure by his ministry, Ki-june said that his ministry would work to be aggressive while pursuing its goals. "In the case of safety, we must thoroughly guard against any failure," he said. "Through a series of accidents, we have…
Coming soon: German LNG-powered Ferries
Germany’s AG-Ems is preparing to put two liquefied natural gas-diesel dual fuel ferries into operation for the summer season in the North Sea for the first time. They both are powered by Wärtsilä 20DF engines, with fuel to be supplied by Bomin Linde. The 305-foot Ostfriesland is in the final stages of conversion to LNG power at Germany’s BVT (Brenn-und-Verformungstechnik Bremen GmbH) shipyard using two 6-cylinder Wärtsilä 20DF dual-fuel generating sets driving an electric propulsion system.
Volvo Ocean Race on Cyclone Pam Alert
Cyclone Pam continues to delay the restart of the Volvo Ocean race with organizers grounding the six yachts in the race until weather associated with the deadly system stabilizes. The organizers are being cautious with the sea state in the wake of the cyclone an immediate concerns. Race management and operations team have a round-the-clock watch system of personnel on Auckland's viaduct to monitor the weather and its effect on the boats.
Malta Freeport Terminals Bullish on Prospects
The decision of the two leading shipping consortia, to choose Malta Freeport Terminals (MFT) as their main transshipment hub in the central Mediterranean came as shot in the arm for Malta. Recently, the ‘2M’ Alliance made up of Maersk Line and Mediterranean Shipping Company (MSC) and the ‘Ocean Three Alliance’ composed of CMA CGM, China Shipping Container Lines (CSCL) and United Arab Shipping Company…