Transocean Retires Six Floaters
Transocean announced its intent to retire the ultra-deepwater floaters GSF Jack Ryan, Sedco Energy, Sedco Express, Cajun Express, and Deepwater Pathfinder, and the deepwater floater Transocean Marianas. The rigs will be classified as held for sale and will be recycled in an environmentally responsible manner. All six rigs were previously cold stacked. The company will recognize an impairment charge of approximately $1.4 billion during the third quarter of 2017 associated with these actions.
DP World, Suez Canal to Build Egypt El Sokhna
Chairman of the Suez Canal Authority Mohab Mameish and CEO of DP World Sultan Ahmed Bin Sulayem signed an initial partnership agreement in the UAE to establish a major development company for the development of Ain Sokhna, Al-Ahram daily reported. The partnership was first announced in August following talks between Egyptian President Abdel-Fattah El-Sisi, CEO of DP World Sultan Ahmed Bin Sulayen and Mamish.
IMC Envisages Singapore as Global Maritime Hub
The International Maritime Centre (IMC) 2030 Advisory Committee, established by the Maritime and Port Authority of Singapore (MPA) in August 2016, has submitted the IMC 2030 Strategic Review report to the Singapore Government. The Committee’s vision is for Maritime Singapore to be the Global Maritime Hub for Connectivity, Innovation and Talent. The Committee, chaired by Mr Andreas Sohmen-Pao, Chairman of BW Group…
Australian Navy Commissions Hobart (II) – One in a Million
Royal Australian Navy will commission the first of three new destroyers today (On 23 September). In continuing our reflective stories of previous ships that have carried the name HMAS Hobart, this is the story of Hobart (II). The second ship to bear the name Hobart was one of three Perth class guided missile destroyers built in the United States for the Royal Australian Navy. She was commissioned at the Boston Navy Yard on 18 December 1965 under the command of Captain Guy Griffiths.
MOL Group Seeks Startups Offering Innovative Solutions
MOL Group has announced a call for applications for startups with innovative solutions in the fields of mobility, loyalty marketing and big data, retail, as well as parcel delivery and distribution. The 3-month program, taking place in Budapest, in cooperation with the Hungarian incubation agency Design Terminal, is directed at startups whose solutions meet one of the objectives of MOL Group’s 2030 strategy: to become the first choice of customers on the move.
MOL Issues "Safety, Environmental and Social Report 2017"
Mitsui O.S.K. Lines (MOL) has announced the publication of its Safety, Environmental and Social Report 2017 on September 21, 2017. The Safety, Environmental and Social Report 2017 proactively discloses the MOL Group's initiatives on environment, society, and governance (ESG). This year's report contains special features on the materiality (issues to address) that the group should emphasize. Special Feature 1: CSR Dialogue…
MTCC-Asia is Up and Running
Maritime administrators from over 20 countries across Asia have gathered at the first regional event of Asia’s Maritime Technology Cooperation Centre (MTCC-Asia) to discuss ways to bring shipping into a low carbon future. More than 50 participants joined representatives from the EU and IMO at the Shanghai Maritime University (18-22 September) to discuss national priorities and barriers relating to topics such as greenhouse gas control…
India's INS Satavahana Concludes Basic Submarine Course
Passing out ceremony of Basic Submarine Courses for Sindhughosh and Shishumar Class was held at Submarine School, INS Satavahana on 22 Sep 17. A total of 39 officers and 47 sailors successfully completed their training and will now be moving to submarines at Mumbai and Visakhapatnam for Sea Training. Rear Admiral V Srinivas NM, Flag Officer Submarines was the Chief Guest for the ceremony and gave away the book prizes and awards to the meritorious trainees.
Marine Environment and Impact of Mine Tailing
The impacts of wastes and other matter in the marine environment from mining operations is at the core of a working group from the Joint Group of Experts on the Scientific Aspects of Marine Environmental Protection (GESAMP) which is meeting at International Maritime Organization (IMO) Headquarters in London (20-22 September). This is the group's first formal meeting and it aims to provide independent…