CGG Starts Seismic Survey Offshore Brazil
CGG said it has started work on Espirito Santo IV, a large BroadSeis 3D multi-client survey in the deep and ultra-deep waters of the Espirito Santo Basin offshore Brazil. The vessel Oceanic Champion is acquiring the survey which is expected to take seven months. This industry-supported survey will cover 10,300 sq km and be processed at CGGâs Rio de Janeiro Subsurface Imaging center. The high-end broadband sequence will include the latest 3D deghostingâŚ
GE to Provide Maintenance to TMS Cardiff Gasâ LNG Fleet
GEâs Marine Solutions and TMS CARDIFF GAS Ltd. have signed a service agreement that will see GE undertaking the support and maintenance of four TMS LNG vesselsâCorcovado, Kita, Palu and Yariâfor the next 10 years. GE will provide maintenance services to TMS fleetâs electric propulsion system, including providing parts to the propulsion motors, medium-voltage drives, generators and switchboard. It willâŚ
Glosten to Design Electric Ferry for Skagit County
Washingtonâs Skagit County has selected Seattle based naval architecture and marine engineering consultancy Glosten to design a new all-electric vehicle/passenger ferry.
Mega-ships: âMega-problem in Waitingâ -Xeneta
New alliances, structural change and positive economic trends have transformed the container shipping market over the past year, driving growth and pushing business performance figures from deep red into black. However, despite long-term rates that are, in some cases, up 120 percent year on year, the future remains uncertain due to a looming shadow on the horizon. And, according to Xeneta, itâs not being cast by the âusual suspectâ.
Patrol Vessel Delivered to Nigeria's Homeland
A Damen 3307 Patrol Vessel has been delivered to Homeland Integrated Offshore Services Ltd of Lagos, Nigeria, taking its fleet of these craft up to three, with a fourth currently under construction. Guardian 3 along with its sister ships Guardian 1 and Guardian 2 is now providing security and other support services to the international offshore oil companies active off the coast of Nigeria in the Gulf of Guinea, in cooperation with the Nigerian Navy.
MacGregor Invests in Software to Drive RoRo Efficiency
MacGregor, part of Cargotec, said it has acquired the rights for a ships efficiency software from Lekven AS to increase RoRo vessels operations efficiency and to drive port call optimization.
FPSO BW Catcher Sails for the North Sea
BW Offshoreâs Floating, Production, Storage and Offloading vessel (FPSO) BW Catcher has left deep water anchorage off the Keppel Shipyard in Singapore and is currentlyâŚ
OSM Officially On Board Statoilâs Peregrino
Efforts in Brazil are reinforced for OSM with more than 90 specialized offshore positions officially on board the Peregrino. âOSM Brazil have successfully mobilized our crew on board the FPSO Peregrino,â says Tommy Olofsen, Managing Director of OSM Crew Management. OSM Maritime Group (OSM) began its journey with Statoilâs Floating Production Storage Unit (FPSO) Peregrino back in early 2016. HoweverâŚ
Baltic Index Inches Down on Capesize, Panamax Rates
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, edged down on Tuesday on lower rates across larger vessel segments.
ST Electronics, Alpha Ori to Drive Digital Transformation
Singapore Technologies Electronics Limited (ST Electronics) and Alpha Ori Technology Holdings Private Limited (Alpha Ori) has signed a Memorandum of Understanding (MOU) to co-create digitalization solutions for shipborne and shore-based maritime fleet control and management. STARRI (ST-Alpha Ori Reliable & Intelligent platform), a unified, secured and smart data lake platform equipped with communications connectivityâŚ
Hapag-Lloyd Posts H1 Operating Profit
German container shipping group Hapag-Lloyd swung to a first-half operating profit as it raised transport volumes and freight rates stabilised, but it still postedâŚ
Harvey Likely to Linger off Texas Coast
The center of Tropical Storm Harvey is likely to remain just off the coast of Texas through Tuesday night before moving inland over the northwestern Gulf of Mexico on Wednesday, the U.S.
European Gasoline Margins at 4-1/2 Month High
Benchmark European gasoline refining margins spiked nearly 9 percent on Tuesday to their highest since April after more than 2 million barrels per day (bpd) of U.S.
Dundee Wants to be a Major Oil and Gas Decommissioning Hub
Forth Ports Limited and AF Offshore Decom UK announced the signing of a Heads of Agreement with the intent to establish a new joint venture, AF Dundee, which willâŚ
MOL Joins Blockchain Consortium
Mitsui O.S.K. Lines (MOL) has announced its determination to participate in the "Consortium to develop trade data sharing platform using blockchain technology,"âŚ
Cosco Shipping H1 Net Profit Up 42%
Cosco Shipping International said its net profit rose 42% in the first half of 2017, thanks to higher net exchange gains and net finance income. In the first half of 2017âŚ
DMCA Training for Marine Drivers
The Dubai Maritime City Authority (DMCA) has revealed the growing demand for marine driving licenses in the Emirate of Dubai as reflected by the high volume of applicationsâŚ
IMO Low-Sulfur Requirements to Disrupt Industries
The International Maritime Organization (IMO) recently confirmed that global refiners and shippers must comply with new regulations to reduce the sulfur contentâŚ
Bangladesh Navy Chief Visits India
Admiral Nizamuddin Ahmed, Chief of Naval Staff of the Bangladesh Navy is on an official visit to India from 28 to 30 August 2017. The visit is aimed at consolidatingâŚ
Singamas Back in the Black
Singamas Container Holdings Limited, Hong Kong-listed container manufacturing company, turned around in the first half of this year, thanks to a 45 per cent surgeâŚ