Marco Polo Marine Seeks Suspension
Singapore-listed shipping services company Marco Polo Marine requested a trading suspension following an "increasing number" of demand letters from creditors. The marine logistics group has been working on a debt refinancing and restructuring plan. In the 23 April Announcement, the Board had opined that, at that relevant time, no suspension of trading of the Company’s shares was necessary after taking into consideration the various factors listed in the said announcement.
Sovcomflot Launches LNG-Powered Ships
Russia’s biggest tanker operator will launch four new vessels in 2018 that will run on liquefied natural gas (LNG), Bloomberg reported. Sovcomflot’s Aframax ships, capable of carrying 600,000 barrels of oil through the Baltic Sea to the port of Rotterdam, will be the first tankers run on LNG. Royal Dutch Shell Plc and other energy companies that have invested more than $700 billion in LNG projects over the past decade are going to be benefitted by this project.
Indonesia-Philippines RoRo Service Up
Philippine President Rodrigo Duterte and Indonesian President Joko Widodo on Sunday launched a ferry route that will connect the two countries. The Davao-General…
Death Toll Rises in Korean Shipyard Accident
A crane has collapsed at Samsung Heavy Industries shipyard in South Korea, killing six workers and injuring 22, reports Reuters. The South Korean shipbuilder quoted…
Fourth LNG-powered OSV for Harvey Gulf
Harvey Gulf International Marine said it has accepted delivery of its fourth liquefied natural gas (LNG) powered offshore supply vessel (OSV). The M/V Harvey Freedom, built at Gulf Coast Shipyard Group in Gulfport, Miss. is 310’ x 64’ x 24.5’, U.S. Flagged Subchapter I and L, SOLAS compliant and capable of carrying 253,000 USG of fuel oil, 18,000 bbls of liquid mud, 1,600 bbls of methanol, 10,250ft3 of dry cement and 78,000 USG of LNG fuel.
The (Battery) Power Play
This is historic, we tell ourselves, as PBES founder Brent Perry walks us around his still labor-intensive “battery factory” in the heart of Norway, from where ship owner capital controls half of the world’s offshore tonnage. Perry, a shipbuilder himself, has chosen to house his first production center here in the haunt of another ship builder, Selfa Arctic, whose move north left for Perry a young cadre of college-educated workers.
Firefighting on Workboats
Marine fires have been some of the toughest fires for anyone to fight. Whether it’s a fire on your own boat, or a vessel you are escorting or working with you will need to know what you are doing if you wish to operate safely. Marine Firefighting Inc. has been training mariners as well as land-based firefighters to deal with all types of marine fires for more than 17-years. Much of our mariner training…
Australia’s New Patrol Boat Named Cape Fourcroy
The Australian Navy’s ninth Cape-class patrol boat was officially named during a ceremony held at the HMAS Stirling naval base in Western Australia. Designed and constructed by Austal, the vessel is the first of two Cape-class patrol boats to be delivered to the Royal Australian Navy (RAN) under a A$63 million contract, named ADV Cape Fourcroy after the western most tip of Bathurst Island in the Northern Territory.
Venezuela Resumes Light Oil Shipments to Cuba
Venezuela resumed exports of light crude to its political ally Cuba in March after an eight-month pause that led to a production halt at the island's jointly-owned Cienfuegos refinery…
Edison Chouest, BP Extend GoM Partnership
Edison Chouest Offshore (ECO) and its family of companies has reached a 30-month alliance agreement with BP, the largest energy investor in deepwater Gulf of Mexico over the past decade.
Lamprell Delivers 9th Jackup Drill Rig to NDC
Lamprell announced the completion of construction of Al Lulu, the final jackup drilling rig in a series of nine delivered to Abu Dhabi’s National Drilling Company (NDC). The contract for the NDC Al Lulu rig was awarded in April 2015, one of only three rig orders awarded that year. All nine rigs have been designed according to the Cameron LeTourneau Super 116E (Enhanced) Class design and were completed to the highest standards of quality using the latest in drilling system technology…
US Navy Christens Submarine Indiana
The U.S. Navy christened its newest Virginia-class fast attack submarine, the future USS Indiana (SSN 789), during a ceremony Saturday, April 29, at Huntington Ingalls Shipyard in Newport News, Va. Vice President Mike Pence, who previously served as the 50th governor of Indiana, delivered the ceremony's principal address. “[President Trump]sent me here today on this historic occasion as a sign of his deep commitment to the Armed Forces of the United States of America…
New Dredger for North American Sand & Gravel Operation
Rohr-Idreco recently completed installation of a RISD350-M 14” (350 mm) electric dredge for application in the sand & gravel market. The customer needed a new and efficient deep-digging electric dredge. As Rohr-Idreco is a manufacturer of modular dredges with the latest technology, the customer decided to move forward with the dredge, which has a digging depth of 90 ft. (28 m) with production capacity in excess of 400 tph.
Ampelmann Debuts S-type Walk-to-Work System
Dutch company Ampelmann says it has designed its latest motion compensation access system, the S-type, as a cost effective and safe option in the transportation of workers and luggage to and from offshore platforms. The company, a provider of offshore access systems to the energy industry, is launching the new Walk-to-Work system as an alternative to using helicopters or baskets. In total, the cost of using the system will be around 30 perceent cheaper than helicopters, the manufacturer said.
Cutter Suction Dredger Delivered to Heuvelman Ibis
A Damen Cutter Suction Dredger (CSD) 350 has been delivered from Damen Dredging Equipment in Nijkerk, the Netherlands, to start work on a canal dredging assignment in the province of Groningen, in the north of the country. In order to execute the project, which involves the extraction of approximately 220,000m³ of sediment from the Winschoterdiep canal, the Netherlands-based marine contractor Heuvelman Ibis required a heavy-duty dredger at short notice.
New FSRU Concept Stems from ABS, HHIC Project
ABS partners with HHIC to advance safety and set standards in new FSRU design concept. Working with Hanjin Heavy Industries and Construction Co., Ltd. (HHIC) as it completed a new Floating Storage and Regasification Unit (FSRU) design concept, ABS provided safety guidance and advice on regulatory compliance throughout concept development. “Industry is exploring options for getting gas to new and expanding markets,” said ABS Vice President for Global Gas Solutions Patrick Janssens.
Great Lakes Dredge & Dock Names Petterson CEO
Effective May 1, Lasse Petterson has assumed the role of chief executive officer (CEO), a provider of dredging, environmental and remediation services. In his over 35-year career…
Tug and Barge Disabled near Galveston
Emergency responders are working to keep a disabled tug and barge from running aground off of Texas. U.S. Coast Guard response and incident management teams are coordinating with G & H Towing and T & T Marine Salvage to prevent a disabled tug and barge from running aground on Galveston Island, Texas. At 2:19 p.m. Saturday, an agent for the integrated tug OSG Independence and its barge OSG 243 contacted…
Five Killed in Crane Accident at Samsung Shipyard
Five people died and about 20 were injured when a crane collapsed at a Samsung Heavy Industries shipyard in South Korea during construction of an oil platform for French energy company Total…