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SEACOR Marine Sweeps NOIA SIS Awards

Safety-in-Seas-awards-2015

  The National Ocean Industries Association (NOIA) today presented SEACOR Marine with the 2015 NOIA Safety in Seas (SIS) Culture of Safety Award and Safety Practice Award. This is the first time the same company has won awards in the same year. NOIA added the Culture of Safety award to the competition in 2014.   SEACOR Marine won the Culture of Safety Award for their safety culture model which spurred a seven year trend of declining total number of Lost Time Incidents, Medical Treatment Incidents, and Pollution Incidents reaching Goal Zero for 2014 – that’s a Total Recordable Incident Rate of zero.   The Safety Practice Award was presented to SEACOR Marine for their behavior-based safety program PAUSE, which is short for Prevent Accidents Use Safety Equipment. The awards were presented at the NOIA Annual Meeting in Washington, DC.   “We are truly honored to receive these distinguished awards from such a well-respected organization as NOIA.  2014 was a remarkable year in terms of our HSE performance and achieving our Goal Zero. With a series of initiatives, such as PAUSE coaching and Risk Tolerance Awareness supporting SEACOR Marine’s “Four Pillars of Safety”, we strive to continue improving our safety culture because no job is too important to sacrifice safety,” said John Gellert, President of SEACOR Marine.  


Investors Sought for Wave Energy

Image courtesy Ashley Public Relations

Wave energy developer Orecon, based in the South West of England, has hit stormy waters. CEO David Crisp said “I thought that after years of struggling for funding we had weathered the worst that the financial markets could throw at us. I was wrong. Earlier this year our venture capital funders withdrew their support, ironically since then we have won through to the final round of the £22m MRPF grant scheme (worth up to £6m)


FURUNO Collects Three NMEA Awards

Furuno, a  manufacturer of marine electronics, won three more National Marine Electronics Association (NMEA) awards at the prestigious 2013 NMEA Convention in San Diego, Calif. These three awards had Furuno once again leading the total number of awards captured by any one manufacturer this year, as well as bringing Furuno’s NMEA Award all-time total to an incredible 208, since NMEA started presenting awards in 1971.  


Maersk Drilling Wins 2-Year Angolan Extension

The head of Maersk Drilling said on Wednesday the A.P. Moller-Maersk unit has won a two-year extension for its Maersk Deliverer deepwater rig worth $387 million. Maersk Venturer, a new rig set to be delivered this year, had also won a letter of award for a short-term contract in South East Asia, Maersk Drilling Chief Executive Claus Hemmingsen told Reuters during a capital markets day. Such an award means the parties have agreed to a deal but are yet to hammer out details such as day


Furuno Makes Clean Sweep of NMEA Awards

NMEA Awards

  Over the past 43 years, Furuno has received the honor of being the most recognized company in the marine electronics field by the National Marine Electronics Association (NMEA). This year, Furuno won four more NMEA awards at the prestigious 2014 NMEA Convention in Sanibel, FL, bringing Furuno’s NMEA Award all-time total to an amazing 212 wins. For the ninth consecutive year, Furuno received the highly coveted Manufacturer of the Year - Support award


Obituary: Yacht Designer Jörg Beiderbeck

Jörg Beiderbeck, October 6, 1946 - August 2, 2015

Jörg Beiderbeck, recognized as a figure among the world’s top megayacht designers, has passed away at the age of 69 on the evening of Sunday, August 2, at his home in Bremen-Vegesack, after a long illness. He leaves behind his long-term partner as well as a son and a daughter.   beiderbeck designs GmbH has lost not only the man who gave it its name, but one of its four partners. As a megayacht designer, Beiderbeck enjoyed worldwide respect and recognition from owners


Noble Energy Wins Offshore SAFE Award

Noble Energy, Inc. (NYSE:NBL) announced that the Department of the Interior's Minerals Management Service (MMS) awarded the company the 2009 Safety Award for Excellence (SAFE) in the moderate activity operator category for outstanding achievements in offshore safety, environmental protection, and pollution prevention in the Gulf of Mexico. This is the second year in a row that Noble Energy has won the SAFE award. Winners were announced at the MMS Annual Industry Awards program held in


Subsea 7 Wins Pipeline Industries Guild Award

Subsea 7, a provider to the offshore energy industry, has won the Pipeline Industries Guild’s (PIG) 2012 Subsea Pipeline Technology Award. The award was made at the PIG National Dinner in London’s Grosvenor House Hotel. The award recognizes Subsea 7’s technology initiative for the installation of Mechanically Lined Pipe (Bubi® pipe) by reel–lay³. Subsea 7’s has been working with the pipe manufacturers  BUTTING to optimize the technical and


EMAS Awarded $505 Million in New Projects

EMAS, the operating brand of Ezra Holdings, a global offshore contractor and provider of integrated offshore solutions to the oil and gas industry, announced that its Subsea Services (EMAS AMC) and Offshore Support Services (EMAS Marine) divisions have been awarded projects worth approximately $505 million. These projects will be executed in the North Sea, Africa, the Gulf of Mexico and the Asia-Pacific region. EMAS AMC has received a letter of intent for a $120 million project offshore


Shoreham Port, Arcadis win BB Award for Oil Seepage Investigation

Photo BB Awards

The Award, for the ‘Best Scoping or Operation of a Site Investigation’ was presented to Tony Parker, Director of Engineering at Shoreham Port and George Flower, Technical Director at Arcadis at a prestigious awards ceremony in London last week. The mysterious smell and oil seepage were discovered to be caused by an oily substance seeping out onto the beach at extreme low water and this was discovered to have originated from the giant coal gas works that once occupied the


Hyundai Heavy's New Orders Tallied at USD 2.3 bln

Photo: Hyundai Heavy Industries

 Hyundai Heavy Industries (HHI) Group, the world’s largest shipbuilding group, announced today that it won 39 ships worth $2.3 billion for January – April period, which is the largest ship orders for the comparable period in three years. 


Daewoo Shipbuilding books first Quarterly Profit in 4 years

File Image (CREDIT: AdobeStock / (c) Burnel11)

South Korea's Daewoo Shipbuilding & Marine Engineering Co Ltd posted its first quarterly profit in more than four years on Thursday, as on-time delivery of higher-margin vessels as well as cost-cutting measures helped the bottom line.  


DSME Turns Profit in Q1

Photo: Daewoo Shipbuilding & Marine Engineering

 Daewoo Shipbuilding & Marine Engineering (DSME) swung to the black in the first quarter of the year from a year earlier, largely thanks to cost-cutting measures, reports Yonhap.   The Korean shipyard reported an operating profit of 292 billion won ($257


Hyundai Heavy Sails Back to Profit in Q1

Photo: Hyundai Heavy Industries

 Hyundai Heavy Industries (HHI) has posted a net profit of KRW462.3bn ($409.6m) for the first quarter of 2017, making it the fifth consecutive quarterly profit for the group.   This represents a surge of 90% from the previous corresponding quarter. However, sales fell 1.9 percent to 10


First LNG-fueled Aframax Tankers Ordered

Image: Hyundai Heavy Industries Group

Hyundai Heavy Industries Group reports $240 million order for the world’s first liquefied natural gas (LNG) fueled aframax tankers   Hyundai Heavy Industries’ shipbuilding affiliate Hyundai Samho Heavy Industries (HSHI) said it recently won a $240 million order to build four 114


SM Group Mulls More Takeovers

Photo: SM Line Corp

 South Korea’s Samra Midas Group (SM Group) said that it is looking to acquire some overseas shippers, among other businesses in an effort to expand its foothold in the maritime sector, Yonhap News Agency cited one of the company’s officials.  


Daewoo Shipbuilding to Get Fresh $2.6 Bln Bailout

File photo: Daewoo Shipbuilding & Marine Engineering Co Ltd

South Korean state banks are preparing a fresh $2.6 billion bailout for floundering Daewoo Shipbuilding & Marine Engineering Co Ltd, which has built up huge losses from offshore projects and risks missing debt repayments.   Daewoo


USS Independence on Time & on Course

USS Independence tow position (Photo: EMR Group)

The decommissioned aircraft carrier, USS Independence has just passed by Costa Rica on its final mission, from Bremerton and onward to Brownsville, Texas. This is the first leg of a long 16,000 mile journey that will take the 60,000-ton super carrier around the tip of South America


Ferry Crossing System for FosenNamsos Sjø

 Rolls-Royce

Rolls-Royce signed a deal with Norwegian shipbuilder Kleven to supply its automatic crossing system, for two new double-ended plug-in battery-hybrid ferries being built for Norwegian ferry company FosenNamsos Sjø. The system controls the vessel’s acceleration, deceleration


Liebherr Offshore Cranes Accessing New Markets

Design layout of the new Liebherr HLC 295000 mounted on Deme’s next generation offshore installation vessel Orion. (Image: Liebherr)

Liebherr’s maritime manufacturing plant in Rostock has been awarded the contract to supply the heavy-lift crane for the Orion, a new wind farm installation and platform decommissioning vessel ordered by DEME from COSCO (QiDong) Offshore, a subsidiary of COSCO Shipping Heavy Industry


DSME's Bailout Plan Cleared by Pension Fund

Photo: DSME

 South Korea’s National Pension Service (NPS) agreed to a restructuring of bonds issued by Daewoo Shipbuilding & Marine Engineering (DSME).    Reuters reported that this move is expected to help the world’s largest shipbuilder tide over a financial crisis


Daewoo Shipbuilding Bondholders Okay Bailout Plan

File Image (CREDIT: AdobeStock / (c) Carabay)

Debt-to-equity swap plan is condition of $2.6 bln bailout.   South Korea's Daewoo Shipbuilding & Marine Engineering Co Ltd on Monday won near unanimous approval for a debt-to-equity swap plan in the first three of five bondholder meetings


Daewoo Shipbuilding unlocks $2.6 bln Bailout

File Image (CREDIT: AdobeStock / (c) Carabay)

Bondholders at final meetings agree to debt-to-equity swap; shipbuilder needs about $400 mln in operating funds by April-end.   South Korea's Daewoo Shipbuilding & Marine Engineering Co Ltd has won near unanimous agreement from bondholders to swap their debt for equity


WIN WIN: Wind Powered Oil Recovery Concept Progresses

The WIN WIN Concept. (Image: DNV GL)

The DNV GL-led joint industry project, WIN WIN (WINd powered Water INjection), has completed its first phase and determined that wind power could be used to power offshore water injection. The project is currently moving into its second phase


Private Equity Boost for Hyundai Samho

South Korea’s Hyundai Samho Heavy Industries (HSHI), a shipbuilding affiliate of Hyundai Heavy Industries (HHI), said it has attracted 300 billion ($264 million) won investment via pre-IPO.   Under the agreement signed with Korean private equity firm IMM Private Equity






 
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