Klaveness Combination Carriers Extends Contract with South32
Norwegian shipping company Klaveness Combination Carriers (KCC) said that it has signed an agreement with South32 Marketing Pte Ltd extending the current Contract of affreightment (COA).According to the owner and operator of combination carriers, the COA is for shipments of caustic soda to Worsley Alumina Pty Ltd, South32’s alumina refinery located in Western Australia.Through this agreement, the term of the COA is extended by three years from January 2019 to December 2021 with…
Australia Names a Vessel in Honour of Whale Rescue Pioneer
A new vessel has been named after the late Doug Coughran, a Western Australian wildlife officer who dedicated much of his life to developing whale rescue techniques that have been instrumental in improving outcomes for entangled whales.These techniques pioneered by Doug are not only practised in WA but around the world, said a press release from the Government of Western Australia.In 2010, Doug's achievements over three decades were formally recognised when he was appointed a Member of the Order of Australia for his services to conservation and the environment…
NYK Carrier Rescues Yachtsman
Shiosai, a bulk carrier operated by NYK Bulkship (Atlantic) NV., rescued a distressed yachtsman on October 23 (local time) off the coast of Western Australia.While Shiosai was navigating in the southern Indian Ocean, the vessel received a call from the Joint Rescue Coordination Centre (JRCC) of Australia to cooperate with a search and rescue operation for a distressed yacht.The ship immediately headed to the instructed area, and in bad weather and heavy swells rescued a man in…
Baltic Index Losing Streak Continues as Capesize Rates Drag
The Baltic Exchange's main sea freight index, tracking rates for ships transporting dry bulk commodities, fell for the eighth consecutive session on Thursday, pressured by weakness in the capesize segment.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, fell 73 points, or 5.6 percent, to 1,231 points, its lowest since June 4.The capesize index declined for the seventh straight session, tumbling 221 points, or 11.2 percent, to 1,747 points - also its lowest since June 4.
First LNG Cargo Exported from Ichthys
French oil and gas major Total said on Tuesday that the first cargo of liquefied natural gas (LNG) cargo from Australia's Ichthys LNG project has been exported following the production start-up at the end of July.Ichthys LNG, with reserves of more than 3 billion barrels of oil equivalent offshore Western Australia, including around 500 million barrels of condensate, is operated by Japan's Inpex Corp with a 62.2 percent stake.Total is a major partner in the project with a 30 percent stake.(Reporting by Bate Felix, Editing by Sarah White)
Australia's Woodside China's ENN Join Hands
Australia’s Woodside Petroleum has signed a Cooperation Agreement with Chinese private sector gas distribution firm ENN Group under which the two companies will work together to explore a broad range of potential business opportunities.The Cooperation Agreement was signed at a ceremony in Zhoushan on behalf of Woodside by Executive Vice President Marketing Trading & Shipping Reinhardt Matisons and by ENN Group CEO Cheung Yip Sang.“Woodside’s aim is to grow our relationship with ENN Group…
Austal Starts Building Trimaran Ferry for Fred. Olsen
Shipbuilder Austal said it has commenced construction on the first of two 117-meter high-speed passenger trimaran ferries for Fred. Olsen.Developed in Henderson, Western Australia at Austal’s center of excellence in maritime design, the next-generation vessels will be used by Fred. Olsen Express in the Canary Islands, joining their sister ship, The Benchijigua Express.Capable of transferring over 1,100 passengers and 276 cars at speeds up to 38 knots these vessels will feature…
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)…
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,…
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…
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…
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…
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.
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.
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.
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…
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.
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.
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.
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.
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.
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.
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.