Energy News

26 Mar 2019

NOSAC to USCG: Allow Domestic OSVs in Disaster Recovery

Aaron Smith, OMSA President

Last week, the National Offshore Safety Advisory Committee (NOSAC) overwhelmingly approved recommendations that the U.S. Coast Guard (USCG) remove the hinderances that prevented U.S. energy-industry vessels, from assisting Puerto Rico with recovery efforts after Hurricane Maria.The offshore energy industry is serviced by highly specialized vessels. Offshore supply vessels (OSVs) have large open decks to carry cargo to offshore rigs. OSVs typically also have massive internal tanks to carry and pump water, drilling mud, or fuel to offshore facilities.

26 Mar 2019

ABB Propulsion for China-Built Cruise Ship

Azipod  propulsion installed on a cruise vessel (Photo: ABB)

China’s first domestically built cruise ship, to be built at Shanghai Waigaoqiao Shipbuilding Co., Ltd. (SWS), will feature a power and propulsion package from ABB.From ABB's perspective the deal includes two Azipod steerable propulsion systems for the 323m vessel, due for delivery in 2023. The ship will be built to accommodate 5,000 passengers and is designed to suit the tastes of Chinese cruise travelers whose numbers are expected to rise to 8-10 million annually by 2025, according to industry body Cruise Lines International Association (CLIA).In addition to the Azipods…

26 Mar 2019

IMO 2020: Exxon Mobil Projects 25% Decline in High-Sulfur Fuels

© Nickolay Khoroshkov/AdobeStock

Exxon Mobil Corp expects high-sulfur fuel oil demand to fall 25 percent by 2025, as a new set of emission regulations from the International Maritime Organization capping sulfur content in shipping fuel at 0.5% kicks in in 2020, a top-level official at the U.S. oil and gas company said on Monday.The International Energy Agency has forecast high-sulfur fuel oil demand to fall 60 percent next year, while marine gas oil demand to more than double.Exxon's forecast comes as its refining business is struggling to find enough heavy crude to make fuel oil and other distillates, in the face of U.S.

26 Mar 2019

MAN ES Invests in Hydrogen

"We view this partnership with H-TEC SYSTEMS as a strategic milestone and as our entry into the hydrogen economy," says Dr. Uwe Lauber, CEO of MAN Energy Solutions, commenting on its acquisition of 40 percent of H-TEC SYSTEMS. Image: MAN Energy Solutions

MAN Energy Solutions is acquiring 40 percent of the shares of the electrolysis technology company H-TEC SYSTEMS. A contract confirming the partial acquisition was signed in Augsburg by Dr. Uwe Lauber, CEO of MAN Energy Solutions, and Ove Petersen and Heinrich Gärtner, executive managers of the GP JOULE Group. The contract also makes provisions for a majority or complete takeover of H-TEC SYSTEMS at a later date. The company will continue to be independently represented on the market with no change in the level of commitment to its customers.

26 Mar 2019

UK Industry Floats Offshore Wind Group

Image:The Renewable Energy Hub

An advocacy group, led by RenewableUK and Scottish Renewables, has been launched by industry body RenewableUK to make the case for large-scale deployment of floating wind power off Britain.The Floating Wind Steering Group will meet with the aim of producing a consensus vision for the future of floating wind and the business case for its continued development in the UK. The group includes representatives from developers and supply chain companies, and from regions around the UK.

26 Mar 2019

Reabold Signs Rig Contract for West Newton Well

Sachin Oza. Photo: Reabold

UK-based Reabold Resources said Rathlin Energy UK Ltd has signed a rig contract for the onshore UK West Newton appraisal well.The appraisal well at West Newton will have two objectives. The first objective is to appraise the Kirkham Abbey Formation gas discovery which has a 72 per cent. chance of success and an NPV of $185m.The second objective of the well is to test a deeper Cadeby Formation reef flank oil prospect, considered by Rathlin to have an NPV of $850m and a 24 per cent.

26 Mar 2019

Van Oord, SGRE Win Windpark Fryslân Job

Image: Van Oord

The consortium of Van Oord and Siemens Gamesa Renewable Energy (SGRE) has signed a conditional contract to build the Windpark Fryslân nearshore wind farm in the Netherlands.The large-scale nearshore wind farm is to be built in the Frisian part of the IJsselmeer in the Netherlands to Zuiderzeewind.Signed in Amsterdam, the conditional contract comprises the construction of the 380-plus MW nearshore wind farm as well as service operations for at least 16 years following completion.Van Oord – Siemens Gamesa were named preferred contractor for the project on 3 August 2018.

25 Mar 2019

CMA CGM Orders 10 Boxships from China

file Image: CREDIT CMA CGM

CMA CGM chairman and CEO Rodolphe Saadé has signed two strategic partnerships with Lei Fanpei, chairman of the China State Shipbuilding Corporation (CSSC), including an order of 10 containership newbuilds, as well as an agreement to jointly develop more efficient and environmentally-friendly vessels.The deals were signed Monday in the presence of French President Emmanuel Macron and Chinese President Xi Jinping, on the occasion of the latter’s State visit to France.The 10 new Chinese-built 15,000-TEU (Twenty-foot Equivalent Units) vessels will each measure 366 meters long.

25 Mar 2019

US Re-fracking Balloons to 550 Wells

Graph: Rystad Energy

The horizontal re-frac market within the US onshore scene has boomed in the recent years, with the number of horizontal re-frac jobs increasing every year over the last 10 years, said a report.According to Rystad Energy, the energy research and business intelligence company, in 2009, fewer than 10 wells were re-fracked, but in 2018 that number ballooned to more than 550 wells.New 2018 data is still preliminary amid some reporting delays for frac jobs in the fourth quarter of 2018.

25 Mar 2019

Exxon, Chevron Accelerate Shale Production

Graph: Rystad Energy

The two biggest U.S. oil companies Chevron and ExxonMobil plan to significantly ramp up production in the US shale heartland as the oil behemoths are seeking to go from shale to scale in the Permian.Rystad Energy’s shale team analysed as to which operator holds the best potential in the prolific basin spanning parts of Texas and New Mexico and announced that Chevron has the better opportunity to continue to grow post 2030.ExxonMobil will have to drill about twice as many new wells as Chevron to reach the communicated production goal.

25 Mar 2019

Flex LNG Bags Charter Deal

Pic: Flex LNG

UK-based Flex LNG has entered into a time-charter agreement with an international energy major for one of its liquefied natural gas (LNG) carriers.A press release from the owner and operator in LNG shipping with a fleet of next generation LNG carriers said that the time charter period is firm for a period of 12 months commencing end of first quarter 2019.The Charterer also has certain extension options. The time charter rate is variable as a function of the overall market  conditions, it said. Øystein M.

24 Mar 2019

Nakilat - Keppel Completes First FSRU Project

Pic: Nakilat-Keppel Offshore & Marine (N-KOM)

Qatar-based Shipyard, Nakilat-Keppel Offshore & Marine (N-KOM) has recently received its first floating storage regasification unit (FSRU) project at the Erhama Bin Jaber Al Jalahma Shipyard.The FSRU owned by Excelerate Energy (USA) will undergo drydocking, maintenance and upgrades at the facility, which is renowned for its expertise in handling gas carriers.During its drydocking, the FSRU will undergo several modifications and retrofitting of new systems, including the installation of a ballast water treatment system (BWTS).

21 Mar 2019

CN to Invest $345mln in British Columbia

Image: CN Rail

Canadian National Railway (CN) said it plans to invest approximately $345 million across British Columbia in 2019 to expand and strengthen the Company’s rail network throughout the province.“Following a record capital program in 2018, CN has been able to take on more traffic from different commodity sectors based on contracts with our customers. This year, CN is planning to invest even more than last year to continue boosting capacity and network resiliency and to meet growing traffic on our corridors across B.C.,” said Doug Ryhorchuk, Vice-President of CN’s Western Region.The B.C.

21 Mar 2019

Polish LNG Terminal Gets EU Grant

Image: Polskie LNG

Poland’s LNG import terminal in Świnoujście will receive a EUR128mln grant from from the European Regional Development Fund and the Cohesion Fund to expand its regasification capacity.The European Commission said in a notification that it has approved plans to support the increase of the regasification capacity, and the development of additional functionalities of the LNG terminal in Poland.The plans were approved under EU State aid rules and would see the terminal capacity increase…

21 Mar 2019

CPA Selects GZA GeoEnvironmental for Work

Image: CT Port Authority

Connecticut Port Authority announced  that GZA GeoEnvironmental will provide design and engineering solutions for repairs and modifications of Pier 7 located at Fort Trumbull.Working closely with the Connecticut Department of Energy and Environmental Protection (DEEP) – the facility owner – the Connecticut Port Authority is investing  in the project and will oversee GZA GeoEnvironmental during the study.Pier 7 is an important piece of Connecticut’s maritime infrastructure, and…

20 Mar 2019

Ekofisk Shut Down: North Sea Output to Drop

Image: Rystad Energy

Oil production in the North Sea will drop by 330,000 barrels per day (bpd) month-on-month in June 2019 as Ekofisk closes for planned work, according to Rystad Energy’s latest forecast.“Production is expected to remain stable through April 2019, before dropping 80,000 bpd month on month in May 2019. The decrease will continue in June 2019 with an additional 330,000 barrels per day month-on-month drop, as we expect maintenance at Ekofisk feeding fields to impact output by 220,000 bpd…

20 Mar 2019

Project NEPTUNES: Noise Control in Port

Pic: World Ports Sustainability Program

Upcoming Project NEPTUNES is set to offer a best practices guide for ports on measuring, labelling and mitigating noise emissions of vessels at ports.Up until today, there is a noticeable absence of any universal measurement protocol for the quantification of noise performance of ships in port. Nor is there any recorded information or standardised data regarding noise or nuisance in and around ports.The information that is available varies enormously and is rarely translated into concrete measures to mitigate that noise.Frank Wolkenfelt…

22 Mar 2019

Teekay Joins SRTI

Image: Teekay

Teekay Shipping Corporation, the global marine energy transportation, storage & production company, has signed up to the Ship Recycling Transparency Initiative (SRTI).The Canadian shipowner thus  joined A.P. Moeller-Maersk, the China Navigation Company, Wallenius Wilhelmsen and other major maritime players and becomes the eighth to make public their approach to ship recycling.“Teekay is committed to helping the ship recycling facilities that we work with elevate their skills and performance to increase safety and sustainability…

21 Mar 2019

Anadarko Mulls 16 LNG Charters for Mozambique

An LNG carrier transits the Med in a recently taken image (CREDIT: Robert murphy)

Anadarko said on Thursday it would seek long-term charters for around 16 liquefied natural gas (LNG) tankers it would need to ship gas from a proposed project in Mozambique.The independent U.S. energy producer aims to take a final investment decision on the $20 billion project in the coming months, having signed up long-term buyers for its LNG.Anadarko said all the contracts signed so far, for over 9.5 million tonnes a year (mtpa) out of a capacity of 12.88 mtpa, were on a delivered ex-ship (DES) basis.The company could have sold the LNG on a free on board (FOB) basis, as do many U.S.

21 Mar 2019

Marine Coatings: Moving with the Tide

Andreas Glud, Group Segment Manager, Marine, Dry Dock, Hempel A/S

The maritime industry has always followed a path of gradual improvement, albeit with many opting to travel the route of least resistance. In some ways, this is a good thing. A cautious approach to navigating change brings stability, assurance and predictability. This measured attitude toward managing change has been fundamental to ensuring that the commercial shipping industry remains the most financially viable transportation solution for moving most goods around the world. But…

21 Mar 2019

2019 Shipping Season to Open for Duluth

USCGC Mackinaw in Duluth. Credit: port of Duluth

Last night’s arrival of United States Coast Guard Cutters Alder and Mackinaw signaled that the 2019 commercial shipping season is soon to commence for the Port of Duluth-Superior and the entire region.The Alder and Mackinaw made their way across Lake Superior from Sault Ste. Marie, Michigan, opening a 100-foot lane in the ice that will be widened soon by Canadian Coast Guard Ship Samuel Risley in support of breakout efforts that will also include local tugs from the Great Lakes Towing Company and Heritage Marine.

22 Mar 2019

OP/ED: The Capital Construction Fund

Tom Escher, owner, Red and White Fleet

How to make the Capital Construction Fund work for all vessel owners and operators.The Red and White Fleet is a passenger vessel operator on San Francisco bay with roots back to 1892. We make no secret of the fact that we want to build new vessels with zero environmental signatures, all in an effort to increase employment for shipyard workers, provide new jobs for US mariners, and provide a training ground to support the growth of the U.S. flag deep sea ships. That mission is, today, unnecessarily difficult. The reasons why are easy to see.Not too long ago, H.

24 Mar 2019

IMO Kicks-Start GloFouling Project

Pic: International Maritime Organization (IMO)

International Maritime Organization (IMO), the UN body, announced that a major five-year project to help protect marine biodiversity has been kick-started at a global workshop at IMO Headquarters in London, United Kingdom (18-20 March).The IMO-executed GloFouling Partnerships project will address bioinvasions by organisms which can build up on ships’ hulls and other marine structures. The project is a collaboration between the Global Environment Facility (GEF), the United Nations Development Programme (UNDP) and IMO.Representatives from 12 lead partnering countries…

Maritime Reporter Magazine Cover Mar 2019 - Cruise Shipping

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

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