Marine Link
Monday, November 20, 2017

Ima Black News

US Navy to Christen Delbert D Black Today

Photo: US Navy

The Navy will christen the newest guided-missile destroyer, the future USS Delbert D. Black (DDG 119), Saturday, Nov. 4, during a 10 a.m. CST ceremony at Huntington Ingalls Industries Shipbuilding in Pascagoula, Mississippi. The future USS Delbert D. Black is the first ship to bear the name of a master chief petty officer of the Navy (MCPON) and is named for the first person to hold that office. Black began his 30-year Navy career in the spring of 1941. After completing recruit training…

Keel Authenticated For Next US Navy Destroyer

Ingalls Shipbuilding President Brian Cuccias presents a ceremonial keel plate to Ima Black, the sponsor of her husband’s namesake ship, Delbert D. Black (DDG 119). (Photo by Andrew Young/HII)

Huntington Ingalls Industries’ (HII) Ingalls Shipbuilding division authenticated the keel of the destroyer Delbert D. Black (DDG 119) on June 1. The ship, named in honor of the first Master Chief Petty Officer of the Navy, will be the 32nd Arleigh Burke-class (DDG 51) guided missile destroyer Ingalls has built for the U.S. Navy. “This ship’s name carries a special meaning,” Ingalls Shipbuilding President Brian Cuccias said at this morning’s keel-laying ceremony. “Destroyers are traditionally named after great men and women in the history of our Navy…

IMA and Delta Marine Sign Agreement

International Maritime Associates, L.L.C and Delta Marine International, Inc. have announced an agreement formalizing IMA as the exclusive worldwide sales and marketing agent for all Chem-Free TM Purification Systems in the marine industry. IMA is a Fort Lauderdale based consulting firm catering to the Mega Yacht segment of the marine industry. The Chem-Free Purification Systems product line provides a cost effective way to efficiently deliver Ozone into the potable water system, black and gray water systems via “Silent” Corona Discharge and air conditioning systems onboard via Ultraviolet or “UV”, thus eliminating odor and bacteria in all areas and increasing potable water and indoor air quality.

IMA Relocates As Client List Grows

International Maritime Associates (IMA) recently expanded its Ft. Lauderdale offices, moving to a new location central to major shipyards, deep water dockage and local yachting vendors. location at 1300 SE 17th Street, Suite 219, brings with it a team of experts specializing in a variety of yacht supervision skills. and information services, IMA's new offices were christened as one of their latest projects reached a milestone. offices to the center of Ft. Lauderdale's prestigious yachting community," said Sabrina Farmer, IMA's President and CEO. International Maritime Associates was established to assist the yacht-owners' team in overseeing projects, monitoring both costs and efficiency of services. for Bradford Marine, bring many years of diverse service and skills to the company.

Forecast Of FPSO Vessels And Other Floating Production Units

According to a just published report by IMA, 107 floating production units are currently in operation and 21 additional units are on order. IMA forecasts the inventory of operating units to grow 48 to 66 percent between 2000 and 2005. This will require orders for 62 to 84 additional FPSO vessels, production semis, TLPs or spars over the next five years. The report is available from IMA.

International Maritime Associates Relocates

International Maritime Associates (IMA) recently expanded its Ft. Lauderdale offices, moving to a new location central to major shipyards, deep water dockage and local yachting vendors. location at 1300 SE 17th Street, Suite 219, brings with it a team of experts specializing in a variety of yacht supervision skills. and information services, IMA's new offices were christened as one of their latest projects reached a milestone. "As we celebrate one of our newest projects - the keel laying ceremony for the 202' Project Phoenix at Lurssen - we are pleased to relocate our offices to the center of Ft. said Sabrina Farmer, IMA's President and CEO.

Ingalls Begins Building US Navy’s Next Destroyer

Ima Black reacts after starting a plasma cutter machine at Ingalls Shipbuilding, officially beginning construction of the Arleigh Burke-class destroyer Delbert D. Black (DDG 119), which is named in honor of her late husband. (Photo by Andrew Young/HII)

Ingalls Shipbuilding has begun fabrication of Destroyer Delbert D. Black (DDG 119) for the U.S. Huntington Ingalls Industries' (HII) Ingalls Shipbuilding division Tuesday marked the start of fabrication for the U.S. Navy’s Arleigh Burke-class (DDG 51) guided missile destroyer Delbert D. Black (DDG 119). The start of fabrication signifies that 100 tons of steel have been cut. The ship is named in honor of Delbert D. Black, who served as a gunner's mate in the U.S. Navy and was aboard the battleship USS Maryland during the attack on Pearl Harbor.

Nominations Open for Singapore International Maritime Awards 2017

Image: Maritime and Port Authority of Singapore (MPA)

The Maritime and Port Authority of Singapore (MPA) is calling for nominations for the Singapore International Maritime Awards (IMA) 2017. The biennial IMA recognises individuals and companies for their outstanding contributions to Singapore's development as a premier global hub port and a leading international maritime centre. The following award categories for IMA 2017 are now open for nomination. Please refer to Annex A for details. The nomination forms and assessment criteria for IMA 2017 are available here. Nominations will close on 6th Jan 2017.

Orders for up to 149 FPS’ Forecast Over Five Years

Floating production continues to grow at a dynamic pace. There are now 197 floating production systems in operation worldwide. Another 62 systems are on order. Most important, there are more than 100 projects in the planning stage that potentially require a floating production system. Production Floaters Approaching 200 Units: The current inventory consists of 118 FPSOs, 40 production semis, 20 TLPs, 15 spars and 4 production barges. They are producing on fields primarily offshore West Africa, Northern Europe, US Gulf Coast, Brazil, Southeast Asia, China and Australia/New Zealand. Another 76 floating storage vessels (without production capability) are now in service, primarily in Southeast Asia, West Africa and the North Sea.

What’s New in Floating Production? December 2016

© ggw / Adobe Stock

The December WER report examines whether OPEC’s decision to limit crude production will accelerate deepwater project starts over the next 12 to 24 months, given 3 billion barrels of oil stocks in global inventory, 5,000+ drilled-but-uncompleted shale wells in the U.S. ready to be fracked and likelihood that producers will cheat on output quotas. As we discuss in the report, the output cut could stimulate deepwater orders – but with a time lag. We also assess whether Hoegh and Maran’s orders for seven speculative FSRUs (two firm…

Orders for Floating Production Systems

If confirmation is needed that the offshore oil sector is booming, it’s clearly provided by the recent spike in orders for production floaters. Since July there have been orders for 20 production floaters, adding almost 9% to the future inventory of FPSOs, production semis, spars and tension leg platforms. Growth in Number of Units — There are 188 production floaters in service or available as of end 2006. Another 62 are on order for delivery over the next two years. According to Jim McCaul, head of U.S. Current Inventory — The current inventory consists of 115 FPSOs, 39 production semis, 20 TLPs and 14 spars. They are producing on fields primarily offshore West Africa, Northern Europe, US Gulf Coast, Brazil, Southeast Asia, China and Australia/New Zealand.

Outlook for Floating Production Strong

IMA has just completed a detailed assessment of the floating production sector. The study examines the impact of the global economic downturn, assesses the underlying long term market drivers and forecasts production floater orders over the next five years. The market for new floating production systems has frozen as a result of the abrupt downturn in the global economy. Over the past quarter no orders have been placed for production floaters. This is the first time since 1996, when IMA began tracking the floating production sector, where no orders have been placed during a reporting quarter. As a result, order backlog for production floaters has dropped 30 percent from the same time last year. Several orders for production floaters have been delayed, including three FPSOs and a MinDoc.

Geodis Wilson Honors Innovators

(l-r) Pierre Blayau, CEO SNCF Geodis & Chairman of Geodis; Rutger Jonker (Team Netherlands); Martin Henriksen (Team Nordic); Steven Pike (Hong Kong); Raj Kiran Pant (India); Kim Pedersen, Executive Vice President, Geodis Wilson.

Geodis Wilson honored its employees who have shown particular creative prowess as the company announces the winners of its annual Innovation Masters Award recognizing outstanding internal innovative initiatives throughout the logistic service provider’s global network. The Innovation Masters Award (IMA) is Geodis Wilson’s internal competition designed to stimulate innovative thinking and to improve the performance, processes and products of the Company. The program was initiated…

New Floating Production System Report Is Available

According to a new report by IMA, there are 121 floating production systems in operation or available as of February 2001. This is an increase of almost 90 percent over the number of units in operation five years ago. About one-quarter of the units are operating off Northern Europe, another quarter off Brazil and the remainder are mostly in the Gulf of Mexico, offshore China/Southeast Asia, West Africa and Australia. There has been a recent burst of orders for new floating production systems and eight production units have been ordered over the past five months: four FPSO vessels, three spars and a production semi. With these new orders, there are now 27 floating production systems being built. A noticeable shift has taken place in type production system now being built vs.

120 To 175 Floating Production Systems Forecast Over The Next Five Years

The number of floating production systems in service continues to grow. There are now more than double the number of units ten years ago  – 250 units now vs. 120 units in 2001. Order backlog, which now stands at 47 units, will increase the inventory by another 20 percent over the next several years. Planned projects – In a new in-depth analysis of the floating production sector, IMA identifies 194 projects in the planning stage that are likely to require a floating production system for development.

Floating Production Systems: US$11+ Billion on Order

FPSO 'Mystras': Photo CCL 2

The floating production sector has been especially active over the past several months. Ten production floaters have been ordered since March, reports International Maritime Associates Inc. (IMA). 269 floating production units now in service or available – This figure is 22% greater than five years ago, almost 80% higher than ten years back. FPSOs account for 61% of the existing systems. The balance is comprised of production semis, tension leg platforms, production spars, production barges and floating regasification/storage units.

Floating Production: What’s New in January?

Photo: Petrobras

2014 Floater Orders – We thought it would be useful to provide a summary of floater orders placed last year. As listed below, 25 units were ordered during the year - 10 FPSOs, one Barge, four FLNGs, seven FSRUs and three FSOs. 2015 Outlook for Floater Orders – The drop in oil/gas prices and ongoing implosion in Petrobras have combined to create a perfect storm in the deepwater sector. More than 170 projects involving oil production floaters and 35 floating liquefaction projects are in the planning stage.

Offshore Oil & Gas: Floating Production Market a Bright Spot

Safe stroll: crew aboard the Maersk Peregrino FPSO off Brazil (and above) Photo: Oeyvind Hagen Statoil

Despite industry gloom about the offshore market, orders for production floaters continue to flow. Over the past few weeks a speculatively-ordered FLNG found use off Africa, negotiations began to convert a third LNG carrier to an FLNG, an FSRU was ordered and a modified LNG tanker has been leased for storage use. Looking forward, we are tracking 30 projects considered likely to generate contracts for floating production units over the next 18 months. Among the likely awards are 18 FPSOs, 2 production semis, 5 LNG liquefaction or regasification units and 5 FSOs.

Offshore: $11B in Floating Production System Orders Since March ‘11

Current order backlog consists of 53 production floaters, a net increase of 6 units since March.

IMA has completed a study of the floating production market, and the report documents strong growth in the business sector. According to the market survey, 14 floating production units have been ordered over the past four months – a record pace reflecting strong underlying market drivers. 256 floating production systems are in service or available worldwide. FPSOs comprise 62 percent of the inventory. The balance is comprised of production semis (17 percent), tension leg platforms (9 percent), production spars (7 percent), production barges and FSRUs (5 percent).

Planned Floating Production Projects Hits All-Time High

Growing Number of Floating Production Projects in the Planning Stage (Number of projects as of July each year) - Source: IMA

IMA has just completed an in-depth analysis of the floating production sector. The 175 page report Floating Production Systems: Assessment of the Outlook for FPSOs, Semis, TLPs, Spars, FLNGs, FSRUs and FSOs is the 47th in a series of IMA reports on the deepwater production sector that began in 1996. Some highlights from the new report are below. Order backlog for production floaters at all-time high – 74 production floaters are currently on order. This number is 40% higher than the backlog a year ago – and more than double the backlog in mid-2009.

The FPU Market Is Primed To Produce

According to a study just completed by IMA, 121 floating production systems are in operation or available. This is an increase of approximately 90 percent over the number of units in operation five years ago. About one-quarter of the units are operating off Northern Europe, another quarter off Brazil and the remainder are mostly in the Gulf of Mexico, offshore China/Southeast Asia, West Africa and Australia. Reflecting upbeat conditions in the oil and gas sector, there has been a burst of orders for new floating production systems over the past six months. Between September 2000 and March 2001, eight production units have been ordered: four FPSO vessels, three spars and a production semi. With these new orders 27 floating production systems are now being built (see chart 1).

Planned Floating Production Projects at An All-Time High

IMA has just completed an in-depth analysis of the floating production sector. The 175 page report Floating Production Systems: Assessment of the Outlook for FPSOs, Semis, TLPs, Spars, FLNGs, FSRUs and FSOs is the 47th in a series of IMA reports on the deepwater production sector that began in 1996. Some highlights from the new report are below. Order backlog for production floaters at all-time high – 74 production floaters are currently on order. This number is 40% higher than the backlog a year ago – and more than double the backlog in mid-2009.

Offshore Production Systems Analysis Published by IMA

Production Floater Order Backlog: Image credit IMA

29 Floating production units ordered over the past 12 months according to a recently published IMA in-depth analysis. International Maritime Associates (IMA) has just completed an in-depth analysis of the floating production sector. The 175 page report Floating Production Systems: Assessment of the Outlook for FPSOs, Semis, TLPs, Spars, FLNGs, FSRUs and FSOs is the 48th in a series of IMA reports on the deepwater production sector that began in 1996. Some highlights from the new report are below.

Maritime Reporter Magazine Cover Nov 2017 - The Workboat Edition

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.

Subscribe
Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News