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Gis News

18 Oct 2023

RCP Finance Secures Funding for Fuel Distributer in Maldives

Source: RCP Finance

Independent finance and capital structuring partner RCP Finance has successfully secured a $15 million credit facility from a leading Asian lender for The Hawks Pvt Ltd., a distributor of high-quality fuel in the Maldives.The Hawks caters to a range of local businesses including resort hotels, super yachts and navy vessels, with a total portfolio of more than 452 clients.Part of the credit facility has been used to facilitate the acquisition of the Bro Developer, a 2007 oil and chemical tanker with a carrying capacity of 15,000dwt.

10 Oct 2023

Hornbeck Offshore Services to Complete Ultra-High-Spec MPSVs After Legal Settlement

Credit: Hornbeck Offshore Services

U.S.-based offshore vessel operator Hornbeck Offshore Services confirmed Monday it had reached a final settlement agreement with the surety (the “Surety”) for two Multi-Purpose Support Vessels (MPSVs) that had been under construction at Gulf Island Shipyards.Gulf Island Shipyards (GIS) sued Hornbeck Offshore in 2018 over what it said was the wrongful termination of two shipyard construction contracts for the final two vessels in the company's fifth offshore support vessel (OSV)…

05 Oct 2023

Gulf Island Settles Lawsuit with Hornbeck Offshore Over MPSV Dispute

Photo: Gulf Island Shipyards

Gulf Island Fabrication said Thursday that its subsidiary, Gulf Island Shipyards, had resolved its lawsuit with the U.S. offshore vessel operator Hornbeck Offshore Services relating to the construction of two multi-purpose supply vessels (“MPSV”).Gulf Island Shipyards (GIS) sued Hornbeck Offshore in 2018over what it said was the wrongful termination of two shipyard construction contracts for the final two vessels in the company's fifth offshore support vessel (OSV) newbuild program.Hornbeck…

29 Jun 2022

USACE Galveston Taps eTrac for $13M Hydrographic Surveying, Mapping Contract

Image courtesy eTrac, a Woolpert Company

The shared capacity, indefinite delivery contract will support USACE Civil Works projects to help advance navigation safety, dredging, flood control and hurricane response.The U.S. Army Corps of Engineers Galveston District awarded eTrac, a Woolpert Company, with an architect-engineer contract to provide hydrographic surveying and mapping services within the Galveston District and potentially the USACE Southwest Division. The five-year, Multiple Award Task Order Contract has a total shared capacity of $13 million.

10 Jun 2021

VesselsValue Launches Small Dry Trade Coverage

VesselsValue, a company providing valuations and data on a variety of vessels globally, has launched Small Dry as part of Trade offering plus updated Small Dry Values."VesselsValue is pleased to announce [it is] now covering Small Dry Trade as well as having undergone a thorough review and update of their daily automated values," the company said.Commenting on the launch, Christian Faber, Small Dry Commercial Analyst – VesselsValue Ltd said: "The Small Dry segment has always been a major part of the shipping industry, despite not necessarily being in the spotlight. "More than 10,000 vessels are currently sailing on global waters, delivering a range of commodities from grain, gypsum, clay to timber, construction materials, and wind turbine equipment.

12 Oct 2020

Port Security: Autonomous ANTX

Graphic representation of the exercise; met-ocean data collection operations running concurrently with simulated threats, detection and mitigation assets. Image from ION.

Geophysical seismic surveys and port security may appear to have little in-common. However, it turns out that managing complex marine seismic operations, where 10km-long seismic streamers have to be deployed harmoniously alongside other offshore marine assets, isn’t that dissimilar to managing – and protecting – port facilities.It's an area that ION Geophysical, more known for seismic data acquisition technology, has recently been proving its expertise in, using its Marlin system for marine operations management.

12 Nov 2019

TGS, WhiteStar Join for Combined Data Sources

Geophysical consulting and contracting services firm TGS has partnered with software solutions firm WhiteStar to provide combined data sources."The partnership will provide a robust solution combining TGS well data and WhiteStar land grid GIS data, coupled with field and pool data," a joint press note said.This partnership allows for TGS to add WhiteStar products to its data offerings for clients who need access to land grid and cultural data. These insights will be fully integrated into TGS’ mapping applications, R360 and LONGBOW, for fast, easy access.Furthermore, WhiteStar will offer TGS’ Validated Well Header and Field & Pool GIS Data through its sales channels for customers who need additional location data to fully utilize the value of WhiteStar products.Robert White…

10 Nov 2019

Orsted Breaks Ground for Taiwan OWP

Construction of Taiwan's Formosa 2, an offshore wind power (OWP) development project, officially broke ground in Miaoli County.Orsted Taiwan said in a statement that it held a ground-breaking ceremony for the onshore substation works for the 900MW Greater Changhua 1&2a offshore wind farm off Taiwan.Ørsted awarded an onshore substation EPC contract to TCC last November. TCC will build two onshore substations, cable corridors, and transition joint bays for the first 900MW Greater Changhua projects. The contract, with an amount over NTD 7bn, is being now executed by Star Energy Corporation (SEC), a 100% subsidiary of TCC.SEC has hired more than 60 additional employees since last year.

19 Sep 2019

Aramco Uses Renewables in Gas Wells

Saudi Arabian national petroleum and natural gas company Saudi Aramco said that using renewable energy at unconventional well sites in Wa’ad Al-Shamal provides multiple benefits to the company."Not only is it a reliable and less expensive way to power the remote wells, but it also reduces carbon emissions and helps to save hydrocarbons for export by providing natural gas for the region’s power generation," Saudi Arabian Oil Company said.A new collaboration between the Power Systems Renewables Department (PRSD) and Unconventional Resources (UR) is not only saving costs while creating value, but is also reducing Saudi Aramco’s environmental…

18 Aug 2019

GIS Sells MR Product Tanker Vessel

Glenda International Shipping (GIS) signed a memorandum of agreement for the sale of MT Glenda Megan, a 47,147 dwt MR product tanker vessel, built in 2009 by Hyundai Mipo, South Korea, for a consideration of US$ 19.0 million.GIS is a joint venture company (JV) of the international marine transportation company operating in the product tanker d’Amico Tankers Ireland (a unit of d’Amico International Shipping S.A.) with the British–Swiss multinational commodity trading and mining company Glencore Group.According to a notification from d’Amico, this transaction allows Glenda International Shipping to generate around US$ 8.1 million in cash…

15 Jul 2019

OceanWise Re-launches iCoast

OceanWise, the player in marine environmental data acquisition, data management, GIS and other services,  announced its involvement in the recent iCoast renovation project.The iCoast website, found at www.icoast.co.uk, is an open access web application providing users the ability to quickly explore activities and plan days out at the Dorset coast.A simple map interface allows users select and view activities at the Dorset coast. Activities appear on the map as a small icon which can be queried to find out more information and add to the kitbag for later. Users can also add weather, tide and transport information to the map, making exploring and planning days out in Dorset a breeze!OceanWise have delivered a brand new front-end (the mapping web pages exposed to the customer)…

21 Jun 2019

Eye in the Sky for Inland INTEL

Genscape Maritime’s Vessel Coverage of U.S. Inland Waterways offers new perspectives and a leg up on the competition. In today’s transportation markets, information is everything.It was back in 2016 that Genscape announced the complete integration of more than 400 terrestrial AIS antennas in North America, providing an impressive level of data accuracy and visibility into ship movements in the U.S. today, Genscape’s proprietary antenna network offers customers insights into ship movements, commodity flows, and other important data metrics in North America.Genscape’s private monitoring network covers every commercial port in the U.S., and over 90 percent of U.S. inland waterways, including extensive coverage of key regions such as the Mississippi and Ohio Rivers, and the Gulf Coast.

10 May 2019

Norway Builds Drone Fleet for coastal “Sulfur Patrols”

 Image: Norwegian Maritime Authority/Nordic Unmanned (drone)

Norway is growing its arsenal of military grade drones for missions that’ll take them into the exhaust streams of ship’s funnels. With the IMO now supporting the 0.1 percent sulfur cap on marine fuel from Jan. 2020, and with southern Norway below the 62nd parallel officially a European Emissions Control Area, or ECA, the Norwegian Maritime Authority, the NMA, is cracking down on illegal sulfur emissions.Oslo’s NMA and its domestic enforcement allies — the Norwegian Coast Guard (Kystvakten)…

10 May 2019

AIS Data: History & Future

The Automatic Identification System (AIS) was developed with the sole goal of improving maritime safety by allowing ships in proximity to one another to automatically exchange information regarding their name, course, speed, type, cargo, etc. The exchange of this information would allow conning officers on each ship to make better decisions regarding the possibility of close encounters and the need to change course and/or speed. It would also make it easier for one ship to contact the other by radio-telephone to hopefully remove any doubt. To that extent, AIS has largely worked as intended, although collisions continue to occur.It did not take long, though, for governments to get involved.

22 Apr 2019

GDI in Drilling Services Contract with NOC

Gulf Drilling International (GDI) has signed a three-year contract with North Oil Company (NOC) to provide drilling services through the drilling rig Dukhan for NOC’s extensive development programmes in Al Shaheen oil field.The Al Shaheen Oil Field is a production oil and gas field off the north east coast of Qatar in the Persian Gulf, 80 kilometres north of Doha.The subsidiary of Gulf International Services (GIS) said in a press release that the signing ceremony was attended by GDI’s Chief Executive officer William Ceppi and NOC’s Chief Executive Officer Jacques Azibert. Also in attendance were Mark Gibson, Chief Operation Officer, and Francis Bourcier Drilling Manager of NOC…

08 Oct 2018

Gulf Island Shipyards Sues Hornbeck Offshore

Gulf Island Shipyards (GIS) has sued Hornbeck Offshore over what it says is the wrongful termination of two shipyard construction contracts for the final two vessels in the company's fifth offshore support vessel (OSV) newbuild program earlier this year.Hornbeck, supplier of offshore transport services, including supply vessels, tankers and barges, primarily to support offshore, said in an SEC filing: "During the first quarter of 2018, the company terminated the two contracts because of GIS’s performance issues. In the lawsuit, GIS alleges claims for delay, hindrance, disruption and wrongful termination of the construction contracts and seeks various remedies."It added…

16 Jul 2018

New Oil Spill Tech Solutions Put to the Test

A rotocraft equipped with a thermal infrared sensor captured images of emulsified oil to validate the sensor’s capabilities during the NOAA and BSEE funded remote sensing test. Image: Courtesy Ohmsett

No two oil spill response operations are the same. Each can present new and even tougher challenges for spill responders as they detect, contain and recover spilled oil. Diverse aspects affecting oil spill response operations can be the physical environment, spill monitoring, use of chemical dispersants, and the availability of proper technology for the situation.Some challenges have been met through research and technology development of techniques for dealing with spills. However…

11 Jul 2018

ABB Wins Order for World's Biggest Offshore Wind Farm

(Image: ABB)

ABB has won orders worth more than $150 million from Danish energy company Ørsted to supply technology to transmit wind energy from the 1,400 megawatt (MW) Hornsea Project Two, slated to be the world's largest offshore wind farm.The orders were booked in the second quarter of 2018 and are the first tranche of a global five year frame agreement for the supply of electrical and automation equipment for offshore and onshore wind power connection and integration to the grid, ABB said.ABB will supply its Static Var Compensation (SVC) Light technology with ABB Ability MACH control systems…

27 Feb 2017

Company to Pay $9.5 Mln for Actions Leading to US Gulf Explosion

Wood Group PSN Inc., a Nevada corporation headquartered in Houston, was ordered to pay $9.5 million in two separate cases involving its conduct in the Gulf of Mexico. Specifically, Wood Group PSN was ordered to pay $7 million for falsely reporting over several years that personnel had performed safety inspections on offshore facilities in the Gulf of Mexico in the Western District of Louisiana, and $1.8 million for negligently discharging oil into the Gulf of Mexico in violation of the Clean Water Act after an explosion on an offshore facility in the Eastern District of Louisiana, announced Acting Assistant Attorney General Jeff Wood of the Justice Department’s Environment and Natural Resources Division, U.S. Attorney for the Western District of Louisiana Stephanie A. Finley, and U.S.

06 Jul 2017

Marine Mapping Agreement for Northern Ireland

Photo: OceanWise

OceanWise announced that it has been awarded a contract to provide the Government of Northern Ireland with marine mapping. The award reinforces OceanWise as the primary supplier of marine mapping to both the public and private sectors in the U.K. The agreement includes Marine Themes, Marine Themes DEM and Raster Charts XL (eXcluding Land) provided in the form of datasets and as OGC compliant web services. The data will be used to support desktop GIS and as input to web based applications.

31 Jul 2017

Software Solutions: Monitor & Track

(Image: GateHouse)

As the maritime industry embraces the digital revolution, companies like GateHouse are poised to prosper. GateHouse in developing software solutions to support optimization, flexibility and mission critical operations for vehicle and vessel tracking, monitoring and satellite communications. We caught up with Michael Bondo Andersen, CEO and founder of GateHouse, for insights on his strategy moving the company forward. Looking at your maritime unit, Big Data is having a transformational impact on global maritime. Please detail your offering.

23 Jan 2018

D-Day Ship Turned Ferry Repowered

Photo: Twin Disc

As part of the June 6, 1944 Normandy landings, the USS LST-510 (landing ship for tanks) delivered 200 GIs, and 70 tanks and jeeps to Omaha Beach. She then anchored offshore to serve as an impromptu hospital ship for the over 150,000 Allied wounded. For three months following the invasion, she ferried injured soldiers back to England and supplies back to the front, evading German U-boats and dive bombers. She was awarded a Battle Star for her meritorious participation. Thought to be the last D-Day ship still in active service…

12 Feb 2018

How Much is That Superyacht Worth?

© jon11/AdobeStock

Sam Tucker Will Tell You! There’s a new name in Superyacht valuation, and the name is VesselsValue.com. Last month we spoke with VesselsValue.com’s Sam Tucker for insights on its new Superyachts report. Many of our readers know VessselsValue, but for those who do not, please provide a brief description of the organization and its offering. Launched in 2011 by Richard Rivlin, a ship broker with 40 years of buying and selling experience, VesselsValue provides daily and automated Market…