Swiber-Linked Vessels Seized in Singapore
Three of of Swiber Holdings vessels had been seized in an arrest moved by a syndicate of banks, reports Business Times. All three vessels were arrested at ASL Shipyard, the litigant in the arrest is United Overseas Bank (UOB), acting as security agent for the syndicate of banks that had extended financing to the vessel owner in relation to a sale and leaseback deal. The recent filing for liquidation by Swiber Holdings…
Mermaid Terminates Newbuild Drilling Rigs Contract
Mermaid Maritime and China Merchants Industry Holdings (CMIH) have mutually agreed to cancel the construction contract for the construction of tender assist drilling rigs to be named ‘MTR-3’ and ‘MTR-4’ respectively. All pre-paid installments and associated costs were already recorded as asset-impairments in Mermaid’s 2015 Financial Statements. No further payments are due to the Builder. The contract price for each of the Rigs (which is inclusive of rig equipment spares) was USD 149 Million).
Neste to Deliver Low-Sulfur Marine Fuel to Eckerö Line
Neste will begin deliveries of low-sulfur marine fuel to Eckerö Line at the beginning of next year. The agreement covers m/s Finlandia on the Helsinki-Tallinn route throughout 2017. "I am happy that Eckerö Line selected Neste as its partner. The quality of our low-sulfur marine fuel, lower sulfur emissions, and our logistics services convinced Eckerö Line to work with us. Refueling will take place at sea from ship to ship.
Skangas, Statoil Pact for LNG Reload at Klaipeda
Skangas signed an agreement with Statoil, the Norwegian oil and gas company, for a small-scale LNG reload to take place at the Klaipeda LNG Terminal in Lithuania. The reload will take place early January 2017. This will be the first reload conducted at the terminal and it is the first time Skangas source LNG from Statoil. Skangas eyes this a natural next step to further increase the support for the development of the small-scale market in Northern Europe.
Milestone for Polar Protection
With more and more ships navigating in polar waters, IMO has moved to address international concern about the protection of the polar environment and the safety of seafarers and passengers with the introduction of new regulations that all ships operating in these harsh and challenging waters must comply with. The mandatory Polar Code, for ships operating in Arctic and Antarctic waters, enters into force on 1 January 2017…
Shell Wells Come Up Dry in Tanzania
Ophir and its joint venture partners, BG Tanzania (Shell) and Pavilion Energy, have concluded the drilling of two exploration wells offshore Tanzania, safely and on time. The programme comprised Kitatange-1 in Block 1 and Bunju-1 in Block 4. After evaluation, Shell, the operator of Blocks 1 and 4, has confirmed that good quality reservoir was encountered in both wells, however hydrocarbons were not found. The Noble Globetrotter 2 rig has been demobilised from site.
Safety for Gas-Fuelled Ships
A new mandatory code for ships using gases or other low-flashpoint fuels enters into force on 1 January 2017, along with new training requirements for seafarers working on those ships. Gas and other low-flashpoint fuels are cleaner for the atmosphere as they emit very low levels of air pollutants, such as sulphur oxides and particulates. But these fuels pose their own safety challenges, which need to be properly managed.
Five dead, 100 rescued from burning Indonesia tourist boat
Five people were killed and around 100 people rescued on Sunday after a fire ripped through a boat carrying tourists to islands north of the Indonesian capital Jakarta, authorities said.
Nigeria to Pursue peace in restive Oil-producing Delta Region
Nigeria's government will seek a lasting peace settlement with militants in the oil-producing southern Niger Delta region in 2017, President Muhammadu Buhari said in a New Year's message on Saturday. Attacks on oil facilities in Nigeria's energy hub, coupled with low oil prices, helped push Africa's biggest economy into recession - the first in 25 years - in the second quarter. Crude oil sales account for two-thirds of government revenue in the OPEC member country.
Fincantieri pushes back Vard takeover offer
FINCANTIERI S.p.A. (“Fincantieri” or the “Company”) announces that, in relation to the voluntary conditional general offer ("Offer") launched on November 13, 2016 by its subsidiary Fincantieri Oil & Gas S.p.A. ("Fincantieri O&G") for all the ordinary shares of Vard Holdings Limited ("Vard") other than those already held by Fincantieri O&G, its related corporations and their respective nominees, the closing date of the Offer is extended from 5.30 p.m.
Sandvik to Head digital solutions at Wilhelmsen
The Wilhelmsen group hires Inge André Sandvik as head of digital solutions, starting January 2017. “Accelerating our digital transformation, Inge brings with him a unique combination of digital entrepreneurship, business curiosity and a large network within the digital eco-system,” says Thomas Wilhelmsen, group CEO. “We really look forward to lifting our digital competence with Inge’s innovative thinking…
Jet Skier Rescued Near Miami
The Coast Guard rescued a jet skier Friday 25 miles east of Miami. Watch standers with the Seventh Coast Guard District Command Center received a personal locating beacon (PLB) notification at 12:59 p.m. and directed the launch of a Coast Guard Air Station Miami MH-65 Dolphin helicopter crew. The rescue crew arrived on scene at 1:23 p.m., hoisted the jet skier and brought him to Jackson Memorial Hospital with no reported injuries and in stable condition.