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North Atlantic

Termination of Seadrill Unit's and Rosneft Deal Extended

Photo: North Atlantic Drilling Ltd.

 North Atlantic Drilling (NADL), a subsidiary of Seadrill, will delay the closing of a deal with Russia's Rosneft by two years and has agreed to renegotiate the terms of the agreement, reports Reuters.   NADL will also be permitted to delay the construction, delivery, or shipyard stay of any of those rigs.   Western sanctions levied against Russia for its actions in Crimea have raised concerns over the future of the $4.1 billion agreement and have already forces Rosneft to terminate several North Atlantic Drilling contracts.   North Atlantic Drilling said in a statement, "Today, all parties have mutually agreed to extend the termination date ... whereby any party can terminate the framework agreement and/or any offshore drilling contracts at any time prior to May 31, 2017, at no cost."   The two companies also agreed to renegotiate the terms following the collapse of rig rates caused by the 50% fall in the oil price since June 2014.   Per the terms of the agreement, which in November was first delayed to May this year, North Atlantic Drilling would purchase roughly 150 land rigs from Rosneft. Rosneft, in turn, would acquire a stake of roughly 30% in North Atlantic Drilling. Seadrill, which now holds 71% of North Atlantic Drilling, would remain its majority shareholder. 


Rosneft Cancels Rig Contract

800px-Rosneft_logo.jpg

  Russian oil firm Rosneft has cancelled a contract for a two-and-a-half year rig contract with Northern Offshore and Seadrill's North Atlantic Drilling Ltd, the Norwegian offshore driller said. Western sanctions against Russia, and Rosneft in particular, have led the Russian oil group to cancel a North Atlantic Drilling vessel earlier this month and raised concerns whether a larger agreement would go through..


KVH Expands mini-VSAT Broadband Network

Image: KVH

Maritime VSAT provider adds more capacity on its satellite network to support customer demand in the North Atlantic, Hudson Bay, the North Sea, and the Mediterranean Sea   KVH Industries, Inc. expanded the capacity of its mini-VSAT Broadband network with two upgrades recently, supporting growing customer demand for broadband at sea. One expansion added a new satellite beam that doubled the mini-VSAT Broadband network capacity in the North Atlantic Ocean region


Greenpeace Wins Bid To Delay North Atlantic Exploration

Greenpeace won its bid to delay oil exploration in the north Atlantic when a judge ruled the British government was failing to apply a European Commission environmental directive in allocating licenses. The government is considering an appeal against the judgment on the basis that it is not taking into account the Commission's Habitats Directive in issuing exploration licenses. A spokesman said the government had been planning to issue new licenses in its 19th round early in 2000


Right Whale Ship Strike Reduction – ANPRM

The National Oceanic and Atmospheric Administration (NOAA) issued an advance notice of proposed rulemaking (ANPRM) discussing possible strategies to reduce mortalities to North Atlantic right whales as a result of vessel collisions. Strategies being considered include new operational measures (such as routing and speed restrictions), negotiation of a conservation agreement with Canada, and new education and outreach programs. Comments on the ANPRM should be submitted by August 2, 2004


This Day in Naval History - Aug. 17

From the Navy News Service 1812 - Frigate President captures British schooner L'Adeline in North Atlantic. 1942 - Submarines USS Nautilus (SS 168) and USS Argonaut (SS 166) land 222 Marines on Makin Island, first amphibious attack made from submarines. 1959 - Adm. Arleigh Burke re-appointed as Chief of Naval Operations (CNO) for third two-year term, serving longest term as CNO. 1962 - Navy's first hydrofoil patrol craft, USS High Point (PCH 1) launched at Seattle, Wash.


Donjon-SMIT Provides Emergency Assistance

Photo courtesy Donjon-SMIT

On Monday, January 18, 2010, Donjon-SMIT, LLC, an OPA-90 Alliance, was notified by QI Gallagher Marine Services that a vessel required emergency towing assistance.  The Tavricheski Bridge, managed by UNICOM Ship Management, had broken a main engine camshaft and lost main propulsion 160 miles Southeast of Nantucket in the North Atlantic.  The Tavricheski Bridge, a 50,300 GT tanker, was carrying 32,500 MTs of Naptha


Grand Banks Iceberg Warning System Activates for 2014

Photo credit Canadian Government

The U.S. Coast Guard International Ice Patrol (IIP) announce it is scheduled to take over responsibility Wednesday for issuing daily iceberg warnings for the North Atlantic Ocean  marking the beginning of the 2014 Ice Season. In early February, the IIP will deploy the first ice reconnaissance detachment to Newfoundland, Canada to meet with Canadian partners and to conduct the initial aerial patrols of the season. Iceberg reconnaissance is conducted primarily with HC-130J aircraft from U


Cruise Ship Follows in Titanic's Wake

Cruise Ship Balmoral: Photo credit Wiki CCL Berthfmn

Cruise ship 'Ballmoral' sails from Southampton for New York with remembrance service stopover at 'Titanic' resting place A cruise ship steamed out of the British city of Southampton Sunday to retrace the route taken by the legendary ill-fated ocean liner Titanic 100 years ago, reports VOA. Many of the passengers sailing to New York on the Balmoral are relatives of those who lost their lives when the Titanic hit an iceberg and sank in the North Atlantic on April 14, 1912.


Korean Shipyard to Construct Ultra-deepwater Rig for Seadrill

Seadrill announce Hyundai Samho Shipyard are contracted to build a harsh environment semi-submersible drilling rig To benefit from the current strong demand for high specification drilling units Seadrill announced that it has entered into a turnkey construction contract with Hyundai Samho Shipyard for the construction of a new harsh environment semisubmersible drilling rig. The new rig will be a sister rig of the harsh environment semi-submersible unit Seadrill's subsidiary North Atlantic


Canada Orders Seizure of Oil Tanker

The Federal Court of Canada has ordered the seizure of a 721,915-barrel cargo of crude from Kurdistan aboard the "Neverland" oil tanker on the request of the Iraq Oil Ministry, court documents show.   The Iraq Oil Ministry has also filed a claim against commodity trading house


Vane Brothers’ New Tug Christened

Vane tugboat New York being christened by St. Johns Ship Building Human Resources Manager Carla Newkirk (Photo: Vane Brothers)

The newest Vane Brothers tugboat, the New York, was christened during a brief ceremony June 12 at St. Johns Ship Building in Palatka, Fla   The New York is the sixth of eight 4,200-horsepower, model-bow tugs contracted through St. Johns by Vane Brothers.  


Faroe Islands Looks to Restart Hunt for Oil and Gas

Oil companies are interested in restarting the hunt for oil and gas in the scarcely explored seas off the Faroe Islands neighbouring the more mature UK North Sea, the head of the Faroese Geological Survey said.   No economically viable discoveries have been made on the Faroese shelf but the


Baltic Index Falls to Lowest Since Early March

© Volodymyr Kyrylyuk / Adobe Stock

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, on Thursday fell to its lowest since early March as demand slowed across all vessel segments. The overall index, which factors in rates for capesize, panamax


ABB Opens Two-stage Turbocharging to a Wider Market

Forthcoming marine application of Power2 800-M (Photo: ABB Turbocharging)

ABB Turbocharging will launch in mid-2017 a new frame size for its two-stage turbocharging solution, Power2 800-M, extending the benefits of high pressure ratios, increased turbocharging efficiency and fuel savings to a wider scope of medium-speed engine configurations, the manufacturer said.


The Icebergs Are Coming: Shipping in the North Atlantic

Distance has to be kept: Icebergs can harm the ships. The only ships coming consciously close to the icebergs are cruisers with ice class. The picture is taken off one of them, the Hanseatic from Hapag-Lloyd Cruises. (Photo: Hapag-Lloyd)

 At present, several icebergs are drifting out of the Arctic Ocean and into the North Atlantic. This natural phenomenon occurs each year in the period roughly stretching between April and August. During this season, these massive chunks of ice cross the major shipping routes on the North


Eimskip Gets Finance Deal for New Container Vessels

Photo: Eimskip

Eimskip has secured 80% financing of the contract price of the vessels with a 15 year tenor in Euros taken upon delivery.    The lender is the German bank KfW IPEX-Bank GmbH. The loan is secured by China Export & Credit Insurance Corporation (Sinosure).  


New Tug, Barge Enter Service for Vane Brothers

Photo: Vane Brothers Company

Marine transportation provider Vane Brothers has added two newly constructed vessels to the company’s growing fleet: the 4,200-horsepower tugboat Philadelphia and the purpose-built asphalt barge Double Skin 510A.   Primarily tasked with towing petroleum barges engaged in the North


US Navy to Christen Submarine Indiana

Image: United States Navy

 The Navy will christen its newest Virginia-class fast attack submarine, the future USS Indiana (SSN 789), during an 11 a.m. EDT ceremony Saturday, April 29, at Huntington Ingalls Shipyard in Newport News, Virginia.    Vice President Mike Pence


Acquisition of Nor Lines Rejected

Photo: Nor Lines

 The Norwegian Competition Authority has today rejected Eimskip’s acquisition of the Norwegian shipping and logistics company Nor Lines AS. The result of this decision is that Eimskip is not allowed to acquire Nor Lines.   The potential acquisition of Nor Lines was not taken into


New Tug for Vane Brothers

Fishing Creek (Photo: Vane Brothers)

Vane Brothers has taken delivery of the 3,000‐horsepower Fishing Creek, the 13th Maryland-built tugboat to join the Baltimore-based company’s expanding fleet in the last 10 years.   Designed by Frank Basile, P.E., of Entech Designs, LLC


New Trawler Launched in Poland

Photo: Nauta Shiprepair Yard

One of the world’s most powerful pelagic vessels launched at Nauta Yard    A launching ceremony for the partly outfitted fishing trawler M/V Voyager took place February 21 at Newbuilding Division of Nauta Shiprepair Yard in Gdańsk, Poland


Danes Try Navy HATS on for Size

The Royal Australian Navy’s reputation for delivering world-class training received a boost when five members of the Royal Danish Navy visited HMAS Albatross to learn how the Fleet Air Arm teaches pilots and aircrew. Photo:  Royal Australian Navy

 The Royal Australian Navy’s reputation for delivering world-class training received a boost when five members of the Royal Danish Navy visited HMAS Albatross to learn how the Fleet Air Arm teaches pilots and aircrew.   Led by Commander Aksel Primdahl


Eimskip, RAL Order Containerships from China

Images: Eimskip

Iceland’s Eimskip and Greenland’s Royal Arctic Line (RAL) have signed an agreement to share capacity, and together ordered three new ice-class containerships to be built in China.    Eimskip said it has finalized contracts with China Shipbuilding Trading Company Limited and


Africa, Asia Join Efforts for Anti-Piracy Information Sharing

Pic: International Maritime Organization (IMO)

 A meeting in Singapore (11-12 January) has seen African and Asian countries join efforts to promote greater networking and communications across anti-piracy contact points in the two continents.   Speaking at the meeting, International Maritime Organization (IMO)'s Head of






 
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