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Thursday, March 28, 2024
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17 Mar 2024

Esgian Week 11 Report: New Discoveries in UK and Namibia

Source: COSL

Esgian reports that drilling contracts have been announced this week for operations in Brazil and the Philippines, and new discoveries have been confirmed in the UK and Namibia in its Week 11 Rig Analytics Market Roundup.ContractsCOSL Drilling has emerged as the winner for Petrobras' moored semisubmersible tender with the 4,600-ft Nanhai 8 (also known as Nan Hai Ba Hao).Noble has secured a high-dayrate drillship contract with Prime Energy in the Philippines.Drilling Activity and…

14 Mar 2024

MAN Energy Solutions Delivers First Ever Ammonia-Ready SCR to Mitsui

Cluster 5 Double Layer SCR (Credit: Man Energy Solutions)

MAN Energy Solutions has announced the production of a massive Cluster 5 Double Layer Selective Catalytic Reduction (SCR) converter to MITSUI E&S.The cluster comes ammonia-ready and is the largest such unit that the company has ever built.Such systems are typically used aboard cruise ships and cargo ships to reduce nitrogen oxide emissions by 90%.“As the very first SCR for an ammonia engine anywhere in the world, this is a historic moment. As the largest, high-pressure SCR we have ever built, this marks a new milestone for our business.

01 Mar 2024

Venezuela Oil Exports Rising, but Shipping Delays Persist

© Vladimir / Adobe Stock

Venezuela's oil exports slightly increased in February to some 670,000 barrels per day (bpd), but ongoing shipping delays worsened a bottleneck of tankers waiting to load, according to documents and vessel monitoring data.State-run oil firm PDVSA's customers have rushed to send tankers to Venezuela in recent months to pick up crude and fuel before the United States potentially reimposes oil sanctions.Restrictions could resume on April 18 when an existing license expires, the U.S.

01 Mar 2024

Texas A&M to Reduce Tuition For Merchant Mariner License Students

(Photo: Texas A&M University at Galveston)

Texas A&M University at Galveston said it will reduce fees for current and future out-of-state students seeking a merchant mariner license from the Texas A&M Maritime Academy, in an effort that aims to help the maritime industry fill worsening labor gaps.Texas A&M Maritime Academy students earn their U.S. Coast Guard license while completing one of several license-option four-year bachelor’s degree programs at Texas A&M at Galveston.Effective September 1, under a new three-tiered fee structure approved by the Texas A&M University System Board of Regents…

29 Feb 2024

KOTUG Takes Full Ownership of Its Bahamas Towage JV with SEACOR

(File photo; KSM)

KOTUG International, a marine services and towage provider based in the Netherlands, announced on Thursday it has concluded its acquisition of Kotug Seabulk Maritime (KSM), taking full ownership of the Caribbean marine towage business.KOTUG said it has acquired the interest of its joint venture partner, Fort Lauderdale, Fla.-based SEACOR Holdings via its Seabulk subsidiary KS Maritime Holdings, owner of the 50% share in KSM.Founded in 2017, KSM acts as the exclusive provider of maritime terminal support services for Buckeye Partners’ Bahamas Hub…

28 Feb 2024

Tanker Backlog Grows in Venezuela as PDVSA Struggles to Deliver Oil

© Francis / Adobe Stock

A bottleneck of vessels waiting to load crude and fuel in Venezuela has increased in recent weeks as state-run oil firm PDVSA struggles to deliver cargoes on time, according to people familiar with the matter, documents and shipping data.PDVSA has sought to ramp up shipments this month, the documents and data showed, following setbacks in January as outages at Venezuela's main port hit its exports. But the increase has been insufficient to ease the congestion.As of Monday, at least 19 supertankers were waiting to load near Venezuela's Jose and Amuay ports…

23 Feb 2024

US Imposes Sanctions on Russia's Leading Tanker Group Sovcomflot

© Andriy Sharpilo / Adobe Stock

The U.S. Treasury said on Fridayit has imposed sanctions on Russia's leading tanker group Sovcomflot FLOT.MM, as Washington seeks to reduce Russia's revenues from oil sales that it can use to support its invasion of Ukraine.The Treasury Department's Office of Foreign Asset Control also designated 14 crude oil tankers vessels as property in which Sovcomflot has an interest. It issued a general license allowing the offloading of crude oil, or other cargoes, from the vessels for 45 days."Sovcomflot as a whole…

19 Feb 2024

Insights: Catherine Gianelloni, MITAGS

Catherine Gianelloni, Director, MITAGS East Coast Campus (Photo: MITAGS)

Catherine Gianelloni sailed with the International Organization of Masters, Mates & Pilots (IOMM&P) for about 10 years after graduating from the U.S. Merchant Marine Academy in 2009. But in between times at sea, she would help out at the MITAGS (Maritime Institute of Technology and Graduate Studies). Operating simulators evolved into teaching opportunities, and Gianelloni took a full-time position in 2012. “Because we are the union school, I was allowed to take breaks—leave of absences—to go out and sail.

15 Feb 2024

ICCB Orders 14-meter CTV

(Image: Rockabill Marine Design)

Irish Commercial Charter Boats (ICCB) has placed an order for a new 14-meter crew transfer vessel (CTV) to support offshore wind operations in Irish and U.K. waters.The vessel, designed by Rockabill Marine Design (RMD), based in Southampton, U.K., will be built by Aluminium Marine Consultants in Isle of Wight.Th custom vessel will be capable of carrying 12 passengers and 1 tonne of deck cargo. Designed in accordance with the MSO P5 passenger boat license and the MCA workboat code 3…

31 Jan 2024

Babcock to Equip South Korean Navy with Submarine Weapons System

(Credit: Babcock International)

The defense company Babcock International has secured a contract for additional work on the South Korean Navy’s submarine program.The seven-year contract, awarded by Hanwha Ocean, is to manufacture and install the weapons handling launch system (WHLS) on Boat 6 of the Jangbogo-III class boat.Boat 6, namely ‘Jangbogo-III Batch-II Boat 3’, along with the rest of the class, will use Babcock’s air turbine pump and programmable firing valve launch system.Key elements of the WHLS will be designed and produced in the UK…

17 Jan 2024

Menoyo Joins Great Lakes Towing Company in VP Role

Salvadore Menoyo (Photo: The Great Lakes Towing Company)

The Great Lakes Towing Company (GLT) has hired Salvadore Menoyo for its business development team.Sal has been named Vice President-Special Projects, reporting to Joe Starck, President of GLT. He will be based in Jacksonville, Fla. and use his extensive experience and expertise to identify, develop and manage new business opportunities on the East Coast, including the Gulf and Puerto Rico. In this new role, Menoyo will work with internal and external customers and build relationships with partners and other prospects to bring value and growth to the company.Menoyo…

05 Jan 2024

NOAA Hosts GOM Hiring Events for Research Ship Jobs

Professional mariners deploy equipment used for shark research on NOAA Ship Oregon II. (NOAA Marine and Aviation Operations/ENS Justin Weeks)

NOAA Marine and Aviation Operations will hold two hiring events in the Gulf Coast region to recruit professional mariners to work aboard NOAA’s ocean research ships. The first event will be in Mobile, Alabama on Jan. 23 and the second is in New Orleans on Jan. 25.NOAA operates a fleet of 15 hydrographic survey, oceanographic research and fisheries survey vessels. NOAA ships operate in the U.S. and around the world. The ships are run by a combination of NOAA commissioned officers…

29 Dec 2023

Esgian: New Contracts, Drilling Activities and Rig Moves Across the World

Borgland Dolphin drilling rig (Credit: Dolphin Drilling)

Esgian's last roundup of the year for the Week 52 puts spotlight on new developments for Dolphin Drilling semisub, Seadrill drillships, as well as Shell’s plans for Australia and ONGC’s new tender for jackups in India.ContractsDolphin Drilling has signed a Letter of Intent (LOI) with an undisclosed operator for the 1,500-ft semisubmersible Borgland Dolphin to undertake a 500-day drilling campaign in the UK. The drilling campaign is planned to begin directly after the firm part of the contract period with EnQuest, which was announced in late November 2023.

17 Dec 2023

Esgian: Rigs on the Move in Asia and Europe

Source: OMV

This week Esgian’s Week 50 Rig Analytics Market Roundup notes developments in the semisub sector including that Shell has decided to exercise its option on Stena Don in the North Sea but not on Deepsea Bollsta in Namibia. Meanwhile, a new contract for the Transocean Barents will see it operate in the Black Sea, and jackup Shelf Drilling Perseverance will move to Vietnam.ContractsShelf Drilling has secured a contract award for the 400ft Shelf Drilling Perseverance jackup rig with PetroVietnam Domestic Exploration Production Operating Company Limited (PVEP POC).

11 Dec 2023

Plans in Progress for New North Sea Wells

Source: COSL

Esgian has published its Week 49 Rig Market Roundup highlighting new drilling activity in the North Sea and a new licensing deal in Morocco.Drilling Activity and DiscoveriesSerica Energy is continuing with plans for its four-well drilling campaign in the UK North Sea, scheduled for 2024 and early 2025. The campaign will be carried out using the semisubmersible COSLInnovator. All four wells are production wells. The first well in the campaign will be a sidetrack of an existing well (B1z) on the Bittern field.

07 Dec 2023

GTT Enters Strategic Cooperation Agreement with CSSC

(Photo: GTT)

French engineering firm GTT announced it has signed a strategic cooperation agreement with Chinese shipbuilding group China State Shipbuilding Corporation Limited (CSSC).The agreement provides for cooperation between GTT and 12 subsidiaries of the CSSC conglomerate, notably in ship design and construction, cryogenic containment technologies for liquefied natural gas (LNG) shipping, LNG as fuel and smart shipping solutions.As part of this agreement, GTT and CSSC aim to develop and market competitive LNG tank solutions with GTT technologies…

30 Nov 2023

Ørsted Secures Korean Offshore Wind License

Source: Ørsted

Ørsted has secured approval for a 1.6 GW Electricity Business License from the Ministry of Trade, Industry and Energy of the Republic of Korea.The license grants Ørsted exclusive development rights for a gigawatt-scale offshore wind project 70 kilometers off the coast of Incheon City, Korea. The project has the potential to support Incheon City’s net-zero target with a capacity to provide renewable energy to over a million households whilst reducing carbon emissions by approximately 4 million tonnes annually.The country aims to be carbon neutral by 2050.Per Mejnert Kristensen…

20 Nov 2023

Supertanker Chartered by Polish Firm to Load Venezuelan Oil for China

© momentscatcher / Adobe Stock

Polish oil and gas firm Orlen has provisionally chartered a supertanker to load Venezuelan oil for China, according to a shipbroker and tracking data, following a temporary easing of U.S. sanctions on the South American country.The Very Large Crude Carrier (VLCC) Olympic Trophy, chartered for $13 million, is scheduled to load in early December, according to a source and ship tracking data on Kpler.Vitol, the world's largest independent oil trader, chartered a supertanker earlier this month to load Venezuelan crude for China.

14 Nov 2023

Animal Cruelty Charges Dropped

Images courtesy of Animals Australia

The animal cruelty charges that were brought against livestock export company Emanuel Exports have been dropped by prosecutors in Perth, Australia.Around 2,400 sheep died on the Awassi Express (subsequently renamed the Anna Marra) on a voyage from Fremantle to the Middle East in August 2017.The situation was brought to public attention when Animals Australia obtained whistleblower footage which was broadcast on a 60 Minutes program in April 2018. Footage from five separate voyages showed sheep suffering heat stress, some bogged in feces.

08 Nov 2023

US Working with Allies Over Sanctions on Russian Arctic LNG Project

© KKF / Adobe Stock

The Biden administration is working closely with partner countries over sanctions on a Russian liquefied natural gas project in the Arctic as a January deadline looms on a wind down of transactions with the plant, a State Department spokesperson said on Wednesday.The U.S. imposed sanctions last week on the Arctic LNG-2 project in Russia as part of wide-ranging measures to punish Moscow for the war in Ukraine. The Office of Foreign Assets Control, part of the Treasury Department, also issued a general license that authorizes the wind down of transactions involving Arctic LNG-2, through Jan.

06 Nov 2023

In Brazil's Amazon, Cargill Grains Ports Meet Local Resistance

© JR Slompo / Adobe Stock

For centuries, riverside communities, including the "quilombola" descendants of enslaved Africans who escaped from plantations and ranches, have shared Xingu Island in Brazil's Amazon Basin.Its inhabitants live in brightly painted wooden houses overlooking rivers where small boats crisscross between islands and Abaetetuba city on the mainland to trade fish, seeds and fruits gathered from the Amazon forest in their backyard.In 2016, however, strangers docked on Xingu Island, in Para state…

02 Nov 2023

Hiring Event in Norfolk for NOAA Research Ship Jobs

Professional mariners deploy equipment used to measure the seawater’s salinity, temperature and depth from NOAA Ship Reuben Lasker. (NOAA Marine and Aviation Operations/Maideline Sanchez)

NOAA Marine and Aviation Operations will hold a hiring event in Norfolk, Virginia to recruit professional mariners to work aboard NOAA’s ocean research ships. The event will be held on Nov. 15 at the NOAA Marine Operations Center - Atlantic. NOAA operates a fleet of 15 hydrographic survey, oceanographic research and fisheries survey vessels. NOAA ships operate in the U.S. and around the world. The ships are run by a combination of NOAA commissioned officers and civilian professional mariners.

30 Oct 2023

US Reviews of Gas-export Permits Slow Under Biden Administration

© Wojciech Wrzesień  / Adobe Stock

U.S. Department of Energy reviews for liquefied natural gas (LNG) export permits have lengthened under President Joe Biden's administration to 11 months or more, from seven weeks, according to government data.The delay could mean nearly completed LNG projects may not being able to supply big European buyers because of a lack of the permit. Increasing LNG exports is opposed by some U.S. industries who fear it could raise domestic prices, while environmental groups have raised concerns about continued expansion of a fossil fuel industry.Big swaths of U.S.