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UPDATE: Vessel Feared Hijacked Still Missing off Luanda
Suspected pirate vessel off Angola. Dryad Maritime - a UK-based maritime intelligence firm - says situation has not changed since yesterday. Dryad Maritime is warning of the possible hijack of a Liberian flagged tanker MT Kerala. The vessel, owned by Dynacom Tankers, has been reported as missing off the coast of Angola, having last been sighted seven nautical miles NNW of Luanda. The tanker’s disappearance…
Wireline Secures PEMEX Contract
Wireline International has secured a contract worth up to $3.1/£1.9million for the supply of its patented Roller Bogie wireline conveyance tools to Mexican state-owned petroleum company PEMEX. The wireline and well intervention technology specialist secured the contract for a range of its Roller Bogie products, designed to enhance the deployment of wireline equipment in deviated wells. Wireline Engineering Chairman Bill Petrie said…
Wärtsilä Present Award in Support of Kenya Orphanage
Tegla Loroupe, a three-time world half-marathon champion, a two-time world marathon record holder and the founder of Tegla Loroupe Peace Foundation, has been awarded a 'Philanthropy in Sports Award' at Suomen Urheilugaala, the annual Finnish Sports Gala. In accordance with Tegla Loroupe Peace Foundation's wishes, the donation will be used on supporting an orphanage in Kenya. "International sports community and professional athletes have enormous influence.
Where is Floating Production Headed?
The number of floating production units grew 5% in 2013. Here we examine the global market and future opportunities. Currently, there are 319 oil/gas floating production units are now in service, on order or available for reuse on another field. FPSOs account for 65% of the existing systems, 75% of systems on order. Another 24 floating LNG processing systems are in service or on order. Liquefaction floaters account for 13%, regasification floaters 87%.
Study: O&G Capex Tighter in 2014
Amid a positive outlook for the industry in 2014, senior oil and gas professionals have forecast tighter monitoring of capital expenditure (capex) this year, according…
Cargo Ship Mistakenly Thought Pirates Boarding
Eritrean forces in the Red Sea have boarded a merchant vessel that was in their territorial waters in an incident the crew initially reported as a pirate attack, reports Reuters. It was not immediately clear why the forces boarded the ship, the MV Marzooqah, and it was not possible to contact authorities in Eritrea, one of Africa's most isolated nations. Reuters quotes Lieutenant Commander Jacqueline Sherriff…
Energy Searcher Gets Offshore Nigeria Contract
Northern Offshore subsidiary, Northern Offshore International Drilling Company says it has executed a long-term drilling contract with an affiliate of CAMAC Energy Inc. for its drillship 'Energy Searcher'. The contract commits to an initial period of one year, with an option to extend the contact for an additional one-year term. Commencement of drilling activities on the Oyo Field offshore Nigeria is expected during the first half of 2014.
IMB: Somali Pirate Clampdown Caused Piracy Decline
Piracy at sea has reached its lowest levels in six years, with 264 attacks recorded worldwide in 2013, a 40% drop since Somali piracy peaked in 2011, the International Chamber of Commerce (ICC) International Maritime Bureau (IMB) said. Just 15 incidents were reported off Somalia in 2013, down from 75 in 2012, and 237 in 2011. IMB’s annual global piracy report shows more than 300 people were taken hostage at sea last year and 21 were injured, nearly all with guns or knives.
TOS Delivers Tug for Paraguayan Client
TOS conducted its first ship delivery for a client based in Paraguay. The GF Humaita has been purchased by a client in Singapore and will be delivered to Uruguay, Montevideo. The tug left Singapore in the beginning of December 2013. Last weekend the tug had a stop-over for bunkering in Cape Town, South Africa. “Some years ago TOS advised the client on the delivery of a pusher. Our contact person was…
ITC Global Names Rouylou as Americas Executive VP
ITC Global has announced that it has named Jean-Michel Rouylou as its new Executive Vice President of Americas and Maritime Solutions. The move comes as the company expands its organization and establishes its Americas regional headquarters in Houston, Texas. The new appointment and regional headquarters are part of ITC Global's expanding presence as a premier satellite communications service provider to the oil and gas, mining and maritime markets.
Reamco Opens Office in Aberdeen
Reamco Inc. announced the opening of a business development office in Aberdeen, Scotland, said CEO Ashley Lane. The new business development office will enable Reamco to better communicate with existing clients and aid in obtaining new business throughout the region. The office will be responsible for business development in the North Sea, Europe, Middle East and Africa. Tasked with developing the Aberdeen office…
What’s New with Floating Production?
Currently, 319 oil/gas floating production units are now in service, on order or available for reuse on another field. FPSOs account for 65% of the existing systems, 75% of systems on order. Another 24 floating LNG processing systems are in service or on order. Liquefaction floaters account for 13%, regasification floaters 87%. No liquefaction units are yet in service – all 3 are on order. Also, 98 floating storage units are in service, on order or available.
PPG Appoints McDonald VP, Fiber Glass
PPG Industries today announced the appointment of Kevin E. McDonald, as vice president, fiber glass, effective March 1. McDonald is currently PPG general manager, reinforcements, and leader for fiber glass in the Americas and EMEA (Europe, Middle East and Africa). He will report to Viktor Sekmakas, PPG executive vice president, and continue to be based at the company’s Glass Business and Discovery Center in Harmar, Pa. McDonald will succeed Thomas P. Kerr, who will retire effective March 1.
Tørstad Named DNV GL - Oil & Gas CEO
Elisabeth Tørstad has been appointed CEO in DNV GL - Oil & Gas. She took on the role from January 2014, operating from the company’s Oil & Gas headquarter in Oslo.
Middle East Maritime Security: Cooperation is the Key Vital
Vice Adm. John Miller, U.S. Navy, commander, U.S. Naval Forces Central Command (NAVCENT), U.S. 5th Fleet, Combined Maritime Forces (CMF) , spoke to delegates attending the IQPC Offshore Patrol Vessel (OPV) Middle East 2013 conference just after participating in the 8th International Institute For Strategic Studies (IISS) Manama Dialogue to discuss the development and implementation of regional security…
Big Ship Iron Ore Freight Rates Fall
Capesize iron ore freight rates in the Pacific and Atlantic fell further Tuesday, driven by lower-priced fixtures out of South Africa in the absence of Brazilian and West Australian charterers, reports Platts. Platts say they assessed the Capesize iron ore freight rate at $15.50/wmt on the Saldanha Bay to Qingdao route Tuesday, down $1.50/wmt from the previous day. A Japanese shipowner estimated there were presently about 30 Capesize vessels chasing cargoes in the Pacific.
EU Outlines Fight against Piracy
Piracy in the Western Indian Ocean has been a growing threat to security, international shipping and development since the mid-2000s. While bearing all aspects of organized crime…
DW Publishes New FLNG Market Forecast
Floating LNG market poised for increased investment and activity, report finds. Douglas-Westwood (DW) forecast total expenditure of $64.4bn from 2014-2020 in its new FLNG market report. Two-thirds of this spend is attributed to liquefaction infrastructure, while the remaining is from import and regasification facilities. The previous seven-year period saw minimal investment in floating liquefaction infrastructure…
ClassNK Opens New Office in Casablanca
Classification society ClassNK established a new exclusive survey office in Casablanca, Morocco, which began operation on January 1, 2014. Located on the Atlantic Ocean in northern Africa…
IMO SOLAS Briefing
SOLAS, MARPOL amendments entered into force on 1 January 2014. IMO reminds all of immediate implications to shippers, mariners and vessels. ​Amendments to SOLAS, MARPOL and the Load Lines protocol entered into force on 1 January 2014: A number of amendments to the International Convention for the Safety of Life at Sea (SOLAS), the International Convention for the Prevention of Pollution from Ships (MARPOL) and the 1988 Load Lines Protocol entered into force or took effect from 1 January 2014.