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China Cosco, DEME in Offshore Wind Deal
The Belgian dredging, environmental and marine engineering group DEME Group and Chinese COSCO Shipping have officially embarked on a joint journey to develop offshore wind energy in ChinaâŠ
New Tug Deliverd to Boluda
Boluda Towage and Salvage has taken delivery of the newly built VB Xaloc, the first tug of the ownerâs multi-boat order from Astilleros Zamakona and first of Robert Allan Ltd.âs TRAktor 3200-V class escort tugs. The TRAktor 3200-V was designed by Robert Allan Ltd. specifically to meet Boludaâs requirements for performance, propulsion equipment, accommodation facilities, tank capacities and all within a gross tonnage (GRT) limit of less than 500.
Tech File: BoomVane - A Powerful Boom Deployment System
The BoomVane is one of the most useful and interesting tools available to oil spill responders for shoreline and single vessel boom deployment. Maintaining an effective oil containment boom configuration with two vessels is difficult to coordinate. The Elastec BoomVane solves that problem. BoomVane can also tow heavier booms greater distances than an outrigger arm resulting in wider sweep swaths. Illinois-based Elastec is the manufacturer and owner of the proprietary BoomVane technology.
Jawar Al Khaleej Orders Three Vessels
At this yearâs Seatrade Maritime Middle East Exhibition taking place in Dubai, Jawar Al Khaleej Shipping LLC (JAK) signed a contract with Damen Shipyards Group for the supply of three vessels: one Fast Crew Supplier (FCS) 5009 and two ASD Tugs 3213. JAK is a provider of specialist services to the offshore oil and gas sector in the Gulf, delivering logistical support including oil terminal support services, towage and salvage, together with other integrated offshore solutions.
World First: Unmanned Autonomous Boat for Offshore Ops
While talk of autonomous operations in the maritime sector have swirled for years, the talk becomes reality as Automated Ships Ltd. (an M Subs Ltd subsidiary) and Norwayâs Kongsberg Maritime signed a Memorandum of Understanding to build the worldâs first unmanned and fully-automated vessel for offshore operations. In January 2017, Automated Ships Ltd will contract the âHrönnâ, which will be designed and built in Norway in cooperation with KONGSBERG.
DryShips Sells 5 Vessels
DryShips Inc., an international owner of drybulk carriers and offshore support vessels, has sold five of its Panamax vessels for an aggregate gross price of $29.4 million.
Ship Operating Costs Set to Rise -Survey
Vessel operating costs are expected to rise in both 2016 and 2017, according to the latest survey by international accountant and shipping consultant Moore Stephens. Repairs and maintenance and spares are the cost categories which are likely to increase most significantly in each of the two years. The survey is based on responses from key players in the international shipping industry, predominantly shipowners and managers in Europe and Asia.
GC Rieber Chooses NAVTOR for Fleet-wide Navigation
Specialist ship owner, operator and manager GC Rieber has signed a fleet-wide agreement with NAVTOR for a total vessel navigation solution, spanning both paper and digital deliveries. NAVTOR, a global leader in e-navigation technology and services, will now install products throughout GC Rieberâs portfolio of advanced seismic and offshore ships, enhancing overall fleet efficiency, safety and cost control. The agreement is far reaching in scope.
Clarksons Platou's Inaugural Seminar at DMCAâs Dubai Maritime Week
The Dubai Maritime City Authority (DMCA) is set to facilitate a first-of-its-kind seminar dedicated to Middle East shipping and offshore activities. The event will be conducted by Clarksons PlatouâŠ
Emas Offshore Sinks Deeper into Red
EMAS Offshore Limited announced today a net loss of US$265.3 million for the full year ended 31 August 2016 (âFY2016â). Net loss for the three months ended 31 AugustâŠ
Roadshow to help Australian companies participate in Naval Ship building Deals
A national roadshow for the Future Frigates and Offshore Patrol Vessels has kicked off to help Australian companies get involved in the multibillion dollar projects.
Woodside Buys ConocoPhillipsâs Senegal interests
Woodside completed the transaction to buy 100% of the shares in ConocoPhillips Senegal B.V. The total purchase price was US$350 million plus net customary adjustments of approximately US$90 million.
Paragon Offshore Eyes Options after Court Denies Bankruptcy Plan
Paragon Offshore Plc said on Friday it was evaluating its options after a U.S. judge rejected the offshore rig contractor's plan to exit bankruptcy, an unusual setbackâŠ
Hvid to Take Over as Teekay President and CEO
Teekay Corporationâs board of directors has elected Kenneth Hvid to succeed current president and CEO, Peter Evensen, who will retire January 31, 2017 after more than 13 years with the company. Hvid is presently serving as president and CEO of Teekay Offshore Group Ltd. âKenneth Hvid is the natural successor to Peter Evensen as CEO of Teekay at this time,â said Teekay's Chairman, Sean Day. Hvid has served on the board of Teekay daughter companiesâŠ
Asia Tankers-VLCC Rates to Rebound on Firm Cargo Volumes
CNOOC VLCC deal "draws line in the sand" for tanker owners; 25-30 MidEast fixtures still to be released up to mid-November. Freight rates for very large crude carriers (VLCCs)âŠ
Low Tanker Rates Boost Long-distance Trade -EIA
Recent expansion of the global crude oil and petroleum product tanker fleet has resulted in falling or lower tanker rates for much of 2016 that have widened the geographic scope for economically attractive trade at a time when inventories of both crude oil and petroleum products are at high levels, according to the U.S. Energy Information Administration (EIA). In recent years, growing global oil productionâŠ
Iran Crude Oil Exports to Hit 4-month Low
Iran's crude oil exports are set to decline 5 percent in November to a four-month low, a source with knowledge of its preliminary tanker schedule said, as low seasonalâŠ
Hyundai Heavy Turns to Black in Q3
South Korean shipyard Hyundai Heavy Industries emerged from the third quarter with a black bottom line, although with a smaller profit than in the previous quarterâŠ
Boskalis Wins Work for Hornsea Offshore Wind Farm
Royal Boskalis Westminster N.V. said it has been awarded a contract by DONG Energy Wind Power A/S for the transport and installation of the foundations for a partâŠ
Japan Grants Patent for EnergySail
The Japan Patent Office has granted a patent to Eco Marine Power (EMP) for its innovative EnergySail technology, an advanced rigid sail device that can be fitted with a range of renewable energy technologies such as solar panels or wind power devices. With the patent in place, EMP can now begin licensing the technology to proceed so that commercial production of the sail and associated technologies can begin in 2018.
Webinar: Offshore Wind: North American Opportunities and Challenges
Women Offshore & a Vibrant Maritime & Offshore Workforce
âThe Money Makerâ: MacGregor Gangway Solutions for Offshore Wind
A Maritime Life: Anu Peippo, Offshore Segment Director, Steerprop
Video: Jumbo Completes Offshore Wind Farm Project
The Hurting Offshore Energy Sector Faces a New Competitor
Engineering to Help Aquaculture Move Offshore
Gulf Marine Contractors is Bullish on the Future of U.S. Offshore Wind
BSEE Gears Up for Offshore Wind Oversight
LR Helps Offshore Operators Navigate Tough Technical Hurdles
