PSA to Acquire Halterm, Penn Terminals
Singapore-headquartered port operator PSA International is all set to take over the Halterm Container Terminal in the Port of Halifax, Canada, and multipurpose Penn Terminals in Pennsylvania, USA.Both Halterm and Penn terminals are 100% owned by Macquarie Infrastructure Partner funds, a fund managed by Macquarie Infrastructure and Real Assets (MIRA). The price was not disclosed.Halterm terminal at the Port of Halifax is the largest container terminal in Eastern Canada. Penn Terminals located in Philadelphia…
Nordic American Offshore Shelves Horizon Maritime Combination
The owner and operator of platform supply vessels (PSVs) Nordic American Offshore (NAO) has informed that its project to combine with Horizon Maritime Services has been called off.A stock exchange announcement from the Bermuda-based company said: "The contemplated business combination, involving NAO and a group in Eastern Canada (Horizon Maritime), has been shelved as it has been decided not to move forward at this time."It added that a Nordic company (Nordic Canadian Shipping…
Swiss Utility in Talks to Buy LNG from Canada's Goldboro Project
Axpo, a Swiss utility and energy trader, said on Thursday it was in talks for a 10-year supply deal with a Canadian company planning to build a liquefied natural gas (LNG) terminal.A sales and purchase agreement would boost the chances that Pieridae Energy would decide to build the C$10 billion ($7.6 billion) Goldboro project, which would be the first LNG export terminal on Canada's East Coast.Canada is rich in oil and gas but has yet to export major shipments of LNG to Asia from its West Coast or across the Atlantic from its East Coast."Under the term sheet with Pieridae Energy…
Fishing Vessel Repowered after Big Hours
After 60,000 hours of service, crab fisherman Robert Ross decided that his 19-liter Cummins 1150M had earned a rest. The 500 HP engine had been a perfect match for his 72- by 26-foot aluminum boat so he ordered up a new Cummins KTA19-M3 at 500 HP, continuous duty, from his local supplier Cummins Sales and Service in Fredericton, New Brunswick, in eastern Canada. Ross had his well-maintained 39-year-old boat, the Kara-Matt, hauled out at a shipyard and Dugas Equipment Ltd. of Caraquet, New Brunswick took on the repower.
UTEC Develops Bespoke FPSO Virtual Management Tool
UTEC has delivered a bespoke Virtual Asset Management tool to an offshore Operator in Eastern Canada to allow its team to remotely access its floating, production storage and offloading unit (FPSO) from their desktop. The field, located offshore approximately 350 kilometers southeast of Newfoundland and Labrador contains one of the largest FPSO vessels ever built. At approximately the size of three football fields laid end to end the FPSO is over 290 meters long, more than 40 meters wide and more than 18 stories high.
Port Saint John Cargo Volume up 15%
Year-over-year total cargo tonnage at Port Saint John, Eastern Canada’s largest port by volume, increased by over 4 million metric tonnes in 2017. Overall cargo tonnage handled for the year 2017 was 30,458,422 metric tonnes, a 15% increase over 2016. All cargo sectors, aside from the anticipated exception of containers, experienced significant gains in 2017. Additionally, the loss experienced in containerized cargo was lessened due the introduction of a new weekly container service by CMA CGM in 2017.
ExxonMobil's Canada Offshore Project Produces First Oil
The Hebron oil project off the coast of eastern Canada has produced its first oil, operator Exxon Mobil said on Tuesday, in a boost to Atlantic Canada's output after years of weak crude prices. At its peak Hebron will produce up to 150,000 barrels per day (bpd), Exxon said. It will help Atlantic Canada offshore production climb 44 percent to 307,000 bpd by 2024, according to estimates from the Canadian Association of Petroleum Producers. The platform is located 200 miles (350 kilometres) off the coast of Newfoundland and Labrador in depths of 300 feet (92 metres) and the oil field…
TechnipFMC Wins West White Rose Contract
TechnipFMC has been awarded an Engineering, Procurement, Construction and Installation (EPCI) contract from Husky Energy for the West White Rose Project in Eastern Canada. The contract covers the supply and installation of subsea equipment including tie-in manifolds, flexible flowlines, and control umbilicals, which will connect the recently announced West White Rose Platform to the existing SeaRose FPSO (Floating, Production, Storage and Offloading) vessel. The Husky West White Rose Project will use a fixed platform tied back to the SeaRose FPSO vessel.
US LNG Exports to Increase: EIA
U.S. Energy Information Administration (EIA)'s latest Short-Term Energy Outlook projects that the United States will export more natural gas than it imports in 2017. The U.S. has been a net exporter for three of the past four months and is expected to continue to export more natural gas than it imports for the rest of 2017 and throughout 2018. The nation’ status as a net exporter is expected to continue past 2018 because of growing U.S. natural gas exports to Mexico, declining pipeline imports from Canada, and increasing exports of liquefied natural gas (LNG). The U.S.
Vryhof Expands Its Global Footprint
Vryhof, a provider of anchoring and mooring solutions, said it is expanding its global footprint with its companies Deep Sea Mooring (DSM) opening a new office in Aberdeen and Vryhof Anchors appointing Singapore-based Franklin Offshore as its exclusive representative for selling Vryhof solutions in a number of Asia Pacific countries. “In an industry that has seen considerable negativity over the past year, this is a real statement of intent by Vryhof on our ambitions to expand our products and services in new markets and meet increased demand,” said Wolfgang Wandl, CEO of Vryhof.
Tanker with Disputed Kurdish Oil Reappears off Malta
The Neverland tanker has reappeared off the coast of Malta after going off radar near Canada on June 30, when it was chartered by oil trader Vitol carrying Iraqi Kurdish crude oil, Reuters ship-tracking showed on Friday. The tanker had been heading to eastern Canada to discharge the cargo at the end of June when the Federal Court of Canada issued a seizure order for the cargo at the request of Iraq's oil ministry. Iraq alleges the cargo was unlawfully misappropriated by the Kurdistan Regional Government (KRG) and sold to Vitol. Along with the seizure request made to Canada, the ministry filed a separate claim against Vitol and two subsidiaries for $32.5 million. The tanker appears empty, according to the draft on the ship tracking system.
East Coast Refiners Mull Texas Oil as North Dakota Alternative
U.S. East Coast refiners are looking to buy increasing volumes of domestic crude oil from the Gulf Coast, two sources said, the latest twist in a trade flow upheaval in the wake of the opening of the Dakota Access pipeline. Major U.S. East Coast refiners profited from railing hundreds of thousands of barrels of discounted Bakken crude to their plants daily from 2013 until 2015. But as more and more pipelines were built in North Dakota, the discount began to disappear, and so did the rail cars.
Lamor Demos New Oil Recovery System
In mid-February, Lamor Corporation demonstrated a new way to recover oil by deploying the Lamor Marine Oil Spill Sweeper LMOS 15 Speed Skimming system in Halifax, Canada in cooperation with their local representative, Griffin Engineered Systems, for Canadian response organizations and companies, represented by Eastern Canada Response Corporation (ECRC), Canadian Coast Guard, Department of Defense (DND), ALERT and RMI Marine. Despite the harsh weather conditions Halifax harbor that day…
Traditional, Project Cargoes Transit St. Lawrence Seaway in November
“November was a good month for the export of agricultural products and shipments of aluminum ingots on the Great Lakes Seaway System,” said Betty Sutton, Administrator of the U.S. Saint Lawrence Seaway Development Corporation. “Under the binational trade development program known as ‘Highway H2O’, the U.S. Sutton added, “The U.S. Great Lakes ports of Toledo, Ohio; Duluth, Minn.; Burns Harbor, Ind.; and Milwaukee, Wis. handled corn, soybeans and wheat exports bound for Europe, South America, and Central America.
Wood Group Bags Hibernia Deal
Wood Group has secured a five year contract to provide engineering, procurement, construction and maintenance services to the Hibernia platform, offshore Newfoundland, from Hibernia Management and Development Company Ltd. (HMDC). The contract will be executed by Wood Group’s Eastern Canada operations, in St. John’s, Newfoundland & Labrador, and has the potential of two additional five year contract extensions. Michele McNichol, CEO for Wood Group’s Asset Life Cycle Solutions business in the Western Hemisphere…
DP World Takes Over Canadian Port
Dubai-based port operator DP World has signed a long-term lease agreement for the expansion and operation of the multi-purpose Rodney Container Terminal (RTC) at Saint John in New Brunswick, Canada. The global trade enabler will start running existing operations on 1 January 2017 and work in partnership with the Saint John Port Authority on a planned expansion programme expected to be completed in 2021, with the lease continuing for 30 years after. The Rodney Container Terminal is a multi-purpose terminal handling container traffic in Saint John…
DP World takes over Rodney Container Terminal, Canada
DP World has signed a long-term lease agreement for the expansion and operation of the multi-purpose Rodney Container Terminal at Saint John, New Brunswick, Canada. The global trade enabler will start running existing operations on 1 January 2017 and work in partnership with the Saint John Port Authority on a planned expansion programme expected to be completed in 2021, with the lease continuing for 30 years after. The Rodney Container Terminal is a multi-purpose terminal handling container traffic in Saint John…
TGS, PGS Team Up on Eastern Canada Seismic
TGS announces the expansion of its multi-client library offshore Eastern Canada with plans to acquire more than 36,000 km of 2D seismic data, in partnership with PGS, utilizing two vessels during the 2016 acquisition season. The M/V Sanco Spirit and M/V Atlantic Explorer, utilizing the PGS GeoStreamer technology, will acquire seismic and gravity data in the Labrador Sea, Newfoundland Orphan-Flemish Pass basins and Grand Banks areas. Data acquisition will commence during late May 2016.
Seaway Opens 58th Navigation Season Ice Free
The St. Lawrence Seaway Management Corporation (SLSMC) marked the opening of the Seaway’s 58th navigation season, with the transit of Canada Steamship Lines’ Thunder Bay through Lock 3 on the Welland Canal. The ship, carrying a load of road salt, will be replenishing stocks depleted by ice storms which repeatedly struck Eastern Canada over the winter. “We certainly welcome the warmer weather. A return to an opening in the third week of March provides our clients with the opportunity to move cargo in a timely manner…
Seaway Opens 58th Navigation Season
The St. Lawrence Seaway Management Corporation (SLSMC) marked the opening of the Seaway’s 58th navigation season today, with the transit of Canada Steamship Lines’ Thunder Bay through Lock 3 on the Welland Canal. The ship, carrying a load of road salt, will be replenishing stocks depleted by ice storms which repeatedly struck Eastern Canada over the winter. “We certainly welcome the warmer weather. A return to an opening in the third week of March provides our clients with the opportunity to move cargo in a timely manner…
New Appointments at Becker Marine Systems USA
Becker Marine Systems USA continues growth in North America. Becker Marine Systems, the leader in rudder technology and the inventor of the Becker Mewis Duct Energy-Saving Device has added Brian Rhoades and Adam Wood to their USA staff. Mr. Rhoades will have the role of Northeast Sales Representative and will be based in Pennsylvania. A Kings Point graduate, he brings 30 years of experience to the role and will support Becker customers in Eastern Canada and the US. Mr. Wood joins…
Cavotec wins MoorMaster EUR 6.5 mln orders
Global engineering group Cavotec has been awarded three separate orders for its innovative MoorMaster automated mooring technology for applications in Australia, Canada and the United States, with a combined value of approximately EUR 6.5 million. “The MoorMaster technology continues to gain traction and acceptance in the market place. These orders – from new and existing customers – demonstrate the considerable potential of this unique technology in the global maritime sector,” says Ottonel Popesco, Cavotec CEO.
Teekay Orders 3 Tankers for Canada Contracts
Teekay Offshore Partners L.P. informs it has entered long-term contracts to provide shuttle tanker services for a group of companies producing oil on Canada’s East Coast, including Chevron Canada, Husky Energy, Mosbacher Operating Ltd., Murphy Oil, Nalcor Energy, Statoil and Suncor Energy. The 15-year contracts, plus extension options, will initially be serviced by one of Teekay Offshore’s existing shuttle tankers, the Navion Hispania, and two to three third party-owned shuttle tankers currently operating in East Coast Canada, which will be chartered-in to Teekay Offshore’s Canadian affiliate located in St. John’s, Newfoundland, prior to the delivery of up to four shuttle tanker newbuildings.