Gorgon LNG Faces Scrutiny on Delayed Carbon Capture Project
The state of Western Australia has ordered an inquiry into a delay in burying carbon dioxide emissions at Chevron Corp's Gorgon liquefied natural gas (LNG) project, which could lead to a change in conditions on the project.The state approved the $54-billion Gorgon project in 2009 on the condition that at least 80 percent of carbon dioxide released in its gas processing operations over a five-year rolling average period would be buried."It has become apparent there needs to be a clearly defined start point for the commencement of the five-year rolling average…
Luerssen Creates Shipbuilding JV
One of the world’s leading shipbuilders, Luerssen, has teamed with Australian engineering and construction firm Civmec to create a new force in naval shipbuilding and exports. The joint venture, Australian Maritime Shipbuilding & Export Group (AMSEG), will partner Luerssen Australia, the prime contractor and designer for the Australian Government’s Offshore Patrol Vessel program, with West Australian-based Civmec, soon to list on the Australian Stock Exchange. It is intended that AMSEG will play a significant role in the build of ten OPVs in Henderson…
Semi-sub Rig Undergoes Long Distance Tow
Maersk Supply Service has completed the tow of a semi-submersible from Las Palmas to North-Western Australia. The tow was carried out by newbuild anchor handling tug supply vessel Maersk Master of the Starfish series, whose energy efficient design minimized fuel costs during transit.The first leg of the tow of the semi-submersible MODU rig was direct from Las Palmas to Cape Town. Maersk Master and the rig then rounded the Cape of Good Hope for a final port call in Port Louis,…
Bhagwan Marine Expands Fleet
Just months after moving its corporate headquarters to Perth in order to strengthen relationships with Western Australia’s largest Oil & Gas clients, Bhagwan Marine has expanded its fleet further to meet the needs of those clients.The CMV Athos and the DP2 SeaMaster are both Dynamic Positioning (DP2) vessels, combining enhanced capabilities with greatly improved efficiency, safety and manoeuvrability.The CMV Athos is a 65m ABS Classed, Multi-Purpose Anchor Handling Tug Supply (AHTS)…
TechnipFMC Awarded Pluto Contract
TechnipFMC said it has been awarded a contract by Woodside to upgrade the Pluto Platform Offshore for water treatment, located offshore Western Australia.The contract includes the engineering, procurement, construction, installation and commissioning (EPCIC) of the Pluto Water Handling Module. This module, to be installed on the existing Pluto Alpha Gas Production Platform, will consist of facilities for water separation and treatment, together with upgraded power generation units.Nello Uccelletti…
Robert Allan Ltd. Designs for the American Market
Being based just across the open border between Canada and America since 1930, Robert Allan Ltd. has developed a deep understanding of the American market and just how our ship designs can be tailored to suit our neighbors’ requirements. America is unique in many ways. The current designs of American towing vessels are largely the result of domestically focused requirements not encountered elsewhere. As a result, Robert Allan Ltd. has had to learn to treat America as unique and not to assume means and methods used elsewhere will suit the U.S. market. A simple example is the use of the U.S.
Austal Opens Up Trimaran Deal with Fred Olsen
Austal’s latest contract announcement for two 117 metre high speed vehicle passenger ferries, for Fred Olsen SA, not only sends a strong signal to the international market that ‘fast ferries are back’, but confirms Austal’s proven trimaran hull design as the most cost effective and highly capable vessel platform to deliver superior seakeeping and schedule performance. The €126million Euro (A$190million) contract, announced at Interferry 2017 in Split Croatia represents Fred Olsen SA’s largest ever ferry order.
Capesize Rates to Climb in a 'Market on Fire'
Freight rates for large dry cargo ships on key Asian routes, which hit three-year highs this week, are likely to rise further on a shortage of ships available for immediate charter, brokers said. Rates for 180,000 deadweight tonne (DWT) capesize ships are set to break $10 a tonne from Australia to China in the next few days, while rates could also surpass $20 a tonne from Brazil to China. "There are more chances of rates breaking $10 than $20 because the Australian market is more active among miners and vessel operators," a Singapore-based capesize broker said on Thursday.
SolstadFarstad Wins New Contracts in Australia
SolstadFarstad ASA (SOFF) has been awarded several new contracts for the provision of vessels within Australia. McDermott International Inc. affiliated company, MAPL have awarded the provision of a General Purpose Support Vessel, Far Stream, and pipe-haul PSV’s performing services for work Offshore Western Australia. The contract is due to commence during Q1/Q2 2018 and the combined vessels utilization is approx. 200 days. Cooper Energy has supplemented their earlier award of Far Saracen and Far Senator for their upcoming Bass Strait drilling campaign…
CERCG Looking to Ship LNG from Australia's West to East
State-owned China Energy Reserve and Chemicals Group (CERCG) on Monday said it is investigating whether to ship liquefied natural gas (LNG) from Western Australia to the gas-hungry east coast market. The Chinese integrated energy firm, which runs oil and gas projects, processing plants and gas distribution, said in a press release to Reuters that subsidiary CERCG Australia is studying the viability of transporting LNG by road, rail and ship. CERCG Australia's business manager Kevin Gao said the company would use LNG container tanks which can maintain liquefaction for 110 days. "It should be possible for us to ship 100 or 200 of our 40-foot ISO containers, each containing 18 tonnes of LNG, from Australia's West Coast to customers on the East Coast," he said on Monday.
China, Australia Ports Clogged as Coal, Ore Demand Soars
Around 300 ships caught in jam that would stretch 40 miles; freight rates for biggest coal, ore carrier hit 3-yr high. More than 300 large dry cargo ships are having to wait outside Chinese and Australian ports in a maritime traffic jam that spotlights bottlenecks in China's huge and global commodity supply chain as demand peaks this winter. With some vessels waiting to load coal and iron ore outside Australian ports for over a month, key charter rates have jumped to their highest in more than three years.
Asia Dry Bulk-Capesize Rates to Fall as Cargo Dries Up
Rates from Brazil to China fall by $4/tonne, $6,000/day; queues at Dalrymple Bay to ease, return to normal in January. Freight rates for large dry cargo ships on key Asian routes could slide further from multi-week lows as chartering activity thins during the holiday season and abundant tonnage for January weighs on rates, brokers said. Capesize rates from Brazil to China have dropped by $4 per tonne in the last week, equivalent to a daily earnings fall of about $6,000. Port congestion…
Bulkers to Benefit as China Iron Ore Appetite Grows
It has been quite awhile since the global bulk carrier market has had much to cheer about, but U.S. dry bulk shippers are set to post strong revenue growth in the next two years thanks to soaring Chinese demand for high-grade iron ore from Brazil and Australia. To combat severe winter smog, China has slashed iron ore output, pushing steel mills in the world's second biggest economy to import more high-grade ore. China also wants to make pollution control a priority for the next three years.
Port Hedland May Clear Ships as Storm Builds off Australia
Giant iron ore port may close as Australian storm builds. Vessels may be cleared from Australia's Port Hedland, the world's biggest iron ore export terminal, as early as Thursday as a safety precaution because of a tropical storm, port manager Pilbara Ports Authority said on Wednesday. The authority said Port Hedland may start clearing vessels on Thursday morning if the tropical low builds overnight into a cyclone off the Western Australia coastline. Port Hedland is used by three of Australia's top four iron ore miners - BHP,, Fortescue Metals Group and Gina Rinehart's Hancock Prospecting.
Maersk Supply Service Wins Contract With Quadrant Energy
Maersk Master and Maersk Mariner, Maersk Supply Service’s two first Starfish-class anchor handling vessels built in 2017, will be on contract with Quadrant Energy in Western Australia, commencing March 2018. Both vessels will support Quadrant Energy’s Phoenix South and Van Gogh drilling campaign which will initially cover three wells for a duration of 150 to 200 days. The highly modern and efficient vessels will be supporting Transocean’s semi-submersible rig DD1 with supply and anchor handling duties throughout the campaign. “Quadrant Energy is an important customer.
Search Resumes for Malaysian Flight MH370
A U.S.-based company has begun searching for Malaysia Airlines Flight MH370, Malaysia said on Tuesday, as it tries to solve one of the world's greatest aviation mysteries. Flight MH370 disappeared en route from Kuala Lumpur to Beijing in March 2014 with 239 people, mostly Chinese, on board. Investigators believe someone may have deliberately switched off MH370's transponder before diverting it over the Indian Ocean. Debris has been collected from Indian Ocean islands and Africa's east coast and at least three pieces have been confirmed as coming from the missing plane.
Austal Wins $68m Ferry Contract
Following the Memorandum of Understanding of 8 December 2017, Austal has announced the award of a A$68 million contract to design and build an 83 metre trimaran ferry for JR Kyushu Jet Ferry of Japan. Australia’s Ambassador to Japan, The Hon Richard Court AC and Japan’s Consul-General in Perth, Western Australia, Mr Tatsuo Hirayama joined Austal’s Chairman Mr John Rothwell AO and Chief Executive Officer Mr David Singleton for a signing ceremony at the Australian shipyard with JR Kyushu Jet Ferry’s President, Mr Masayuki Mizuno and General Manager, Planning, Mr Hitoshi Ogawa.
Baltic Index Records Worst March Since 2009
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, suffered on Thursday its biggest percentage fall in March since 2009 on weaker demand for capesize vessels. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, closed down 25 points or 2.3 percent at 1,055 points. The Baltic index fell 11.5 percent this month, its worst performance in March since 2009. The index on Wednesday suffered its worst one-day percentage drop since Jan. 17. It has fallen about 23 percent this quarter.
Authorities team up for S&R Exercise off Perth
A major search and rescue training exercise has taken place off Rottnest Island in Western Australia yesterdayinvolving both state and federal authorities. Search and rescue crews from the Australian Maritime Safety Authority (AMSA), Western Australia Police Force (WA Police) and Western Australia Department of Fire and Emergency Services (WA DFES) teamed up for the exercise which simulated an aviation incident at sea. The scenario involved a simulated light plane which had been forced to ditch into the water just before 8am AWST about 7km northwest of Rottnest Island.
Chevron Greenlights Gorgon LNG Expansion
Chevron Corp will proceed with the second stage of its giant Gorgon liquefied natural gas (LNG) export plant off the northwest coast of Western Australia, the company said on Saturday.Chevron and its joint venture partners plan to sink 11 new wells in the Gorgon and Jansz-Io fields and build offshore pipelines and subsea structures to pipe the gas to the nearby 15.6 million tonne a year LNG plant on Barrow Island.The $54 billion Gorgon project came on stream in March 2016 but suffered numerous unplanned shutdowns in its early stages.Chevron declined to put a cost on stage two of the project…
Australia: 21 Patrol Boat, $300m Deal
Australia said that it will gift Timor-Leste two new patrol boats following the finalization of the shipbuilding arrangements. The new arrangements follow the agreement between Prime Minister Turnbull and Prime Minister Alkatiri in November 2017 for the provision of these two new boats to Timor-Leste. Minister for Defence, Senator the Hon Marise Payne, said Australia’s gifting of these vessels will help enhance Timor-Leste’s capability to patrol its maritime borders and protect its natural resources. “The boats will be sovereign capabilities of Timor-Leste, with Australian advisory, maintenance, infrastructure, and other support,” Minister Payne said. “This enduring assistance makes this agreement a 30 year commitment to supporting Timor-Leste’s security and prosperity.
Australia’s Largest High-speed Lobster Boat Delivered
Dongara Marine has delivered Australia’s largest capacity high-speed lobster boat, the 85-foot Holdfast.With capacity for 210 baskets or 6.2 metric tons of live lobster, Holdfast is the fourth 20+ meter lobster boat in as many years to be designed by Southerly Designs, joining Ohana (2015), Daydawn (2016), and Gambler (2017).Although not the lead builder for the Daydawn and Gambler projects, Dongara Marine played a key role as the manufacturer of their resin-infused composite wheelhouses.
Under the Sea: A Roadmap for Renewable Energy
Thanks to increasing levels of debt financing for climate-aligned projects, wind-generated power has become one of the fastest-growing green industries. Jessica Williams, an Infrastructure Analyst at S&P Global Ratings, considers the submarine technologies that are making this progress possible.Renewable energy is making an increasing contribution to the electrical grid. By the end of 2016, “green energy” sources accounted for almost a quarter of the world’s electricity supply, according to REN21.