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Mike Nicholson News

26 Jun 2019

IPC Begins Drilling Program in Malaysia

The oil and gas exploration and production company International Petroleum Corporation (IPC) has commenced drilling the first well in a planned multi-well drilling program on Block PM307, located offshore Peninsular Malaysia.Canada-based IPC is the operator of Block PM307 and holds a 75% working interest, with Petronas Carigali Sdn Bhd holding the remaining 25% working interest.The PM307 drilling program is planned to consist of two infill landing pilot wells in the south-eastern and north-eastern areas of the Bertam field, followed by the Keruing exploration well and three Bertam field infill wells, IPC said in a press release.The first pilot well will test the upside potential in the northeastern A15 area…

15 Oct 2014

Innovation Goes Global: Safely Testing Marine Bollards

A UK-based manufacturer has come up with a new solution for safely testing marine bollards and is now planning to take the innovation global. Working with the Manufacturing Advisory Service (MAS), Tyne and Wear Marine (TWM) has spent the last year developing the ‘Bollard Load Test’ (BLT), which uses a powerful hydraulic ram and specialist torque rope to recreate more than 100 tons of ‘pull.’ This breakthrough replaces the traditional method of a tug pulling against the bollard, a method that has previously caused damage to vessels and can be dangerous to the people involved in the test.

04 Sep 2014

Bollard Load Test System Ready to Launch

Working with the Manufacturing Advisory Service (MAS) and consultant Ade Walton from Prozeus, Tyne and Wear Marine (TWM) has spent the last year developing the Bollard Load Test (BLT), which uses a powerful hydraulic ram and specialist torque rope to recreate more than 100 metric tons of ‘pull’ when safely testing marine bollards. This breakthrough replaces the traditional method of a tug pulling against the bollard, a method that has previously caused damage to vessels and can be dangerous to the people involved in the test.

08 Mar 2012

Sea Star Line Announces Rate Increases

Sea Star Line announced that it is implementing a general rate increase, effective April 1, 2012. The general rate increase of 3.5 percent  increase will be administered on shipments between U.S. ports and Puerto Rico. Sea Star Line cited escalating operational costs as the main driver for the increase. “Sea Star Line remains committed to the Puerto Rico trade and needs to implement rate increases and other activities to help to ensure continued profitability. This will position Sea Star Line to continue to reinvest in the Puerto Rico trade,” said Mike Nicholson, vice president of Strategic Planning & Yield Analysis. Effective March 5, 2012, a new chassis program is effective for shipments moving to and from the Northeast United States (NY/NJ/PHL Region).