Maritime Industry Top News
Hyperdynamics' Guinea Consortium Provides Notice of Intent
Hyperdynamics Corporation announced that Tullow Oil Guinea Ltd. has formally notified the Republic of Guinea, on behalf of the consortium that is exploring for oil offshore Guinea…
Arctic Oil & Gas - "Alaska 1, Norway 0"
E&P costs have been increasing by 11% per annum for the last five years, according to Barclays Capital, and nowhere are they increasing faster than in remote and…
Topaz Expands Caspian Presence
Topaz Energy and Marine, an offshore support vessel owner with primary operations in the Middle East and Caspian, announced that it has secured new multi-year charters in the Russian Filanovsky project for nine of its offshore support vessels amounting to approximately $20 million. The vessels have been deployed to offshore contractor Saipem and will support the development of the Filanovsky oil and gas field in the Northern Caspian Sea.
Coast Guard, Good Samaritan Rescue Three From Capsized Boat
The Coast Guard and a good Samaritan rescued three people Sunday after the 15-foot boat the three boaters were on capsized in Pamlico Sound near Avon, N.C. The boat's…
Bestobell Valves Secures U.S. Distributor Deal with W&O
Bestobell Valves, part of the President Engineering Group (PEGL), has named W&O Supply, a global supplier of marine pipe, valves and fittings, valve automation and engineered solutions to the marine and upstream oil and gas industries, as its exclusive distributor for Bestobell Valves in North America. Through this partnership, Bestobell Valves, headquartered in the United Kingdom, and W&O, headquartered in Jacksonville…
Paris, Tokyo, Indian Ocean and Black Sea Port State Concentrated Inspection
The Paris, Tokyo, Indian Ocean and Black Sea Memorandums of Understanding (MOUs) on port state control will carry out a joint concentrated inspection campaign (CIC)…
Braemar Adjusting Expands London Team
Braemar Adjusting continues its development and expansion with the recruitment of new personnel to its London-based loss adjusting team. Geoffrey Thomas, Braemar Adjusting Regional Managing Director…
Malaysia's Petronas to Buy its Own Newbuild LNG Ships
Petronas says that as part of its strategy to optimise the value of its liquefied natural gas (LNG) business, it has decided to directly procure newbuild LNG ships…
China Government to Upgrade & Restructure Shipyards
The State Council has issued a three-year plan, ending in 2015, to upgrade and restructure the mainland's troubled shipbuilding industry, a further move to stabilise economic growth…
LPD 27 Portland Keel Authenticated at Ingalls
Huntington Ingalls Industries' Ingalls Shipbuilding has authenticated the keel of the company's 11th amphibious transport dock ship, Portland (LPD 27). U.S. Marine Corps Gen. James Amos, commandant of the U.S. Marine Corps and principal speaker for the ceremony, noted the first-in-class USS San Antonio (LPD 17) was presently off the coast of Yemen alongside another Ingalls-built ship, USS Kearsarge (LHD 3).
Crowley Video Explains LNG Benefits to Caribbean Industry
In this short video, Crowley's Greg Buffington, vice president of company subsidiary Carib Energy, explains the benefits of switching to reliable, safe, U.S.-exported…
'National Marine Technology Week' Date Set
Congressmen Farr and Young introduce a bi-partisan Congressional Resolution designating September 22, 2013 through September 28, 2013, as “National Marine Technology Week”. Resolution coincides with the 50th anniversary of the Marine Technology Society and OCEANS 2013 in San Diego. The Marine Technology Society is an international community of ocean engineers, technologists, policy-makers and educators…
General Dynamics Awarded 'Zumwalt-class' Superstructure Contract
US Defense Department, Navy, has awarded General Dynamics Corp. -- Bath Iron Works Corp., Bath, Maine, a $212,000,000 fixed-price incentive (firm target) contract for the design and construction of a steel superstructure (deckhouse and hangar) plus construction of an aft peripheral vertical launching system for the Zumwalt-class destroyer (DDG 1002). Work will be performed in Bath, Maine (80.5 percent), Corona, Calif. (4.1 percent), Coatesville, Pa.
Offshore Brazil Energy Output Climbing as FPSO's Come On-line
In June 2013, Petrobras’ total output (oil and natural gas) in Brazil averaged 2,378 thousand barrels of oil equivalent per day (boed), 4.8% higher than May. Including the share operated by Petrobras for partner companies, total production in June was 2,489 thousand boed, 5.5% higher than the previous month. The increase in production was due to the startup of new wells connected to platforms FPSO Cidade de Itajaí…
MOL Reports Containership KPI Performance to June 2013
MOL has updated On Time Arrival Performance quarterly results for April - June 2013 for the major trade lanes as part of its effort to upgrade and improve the quality of services offered.
Horizon Lines Continue to Improve Financial Performance in Q2 2013
Horizon Lines, Inc. reported financial results for the fiscal second quarter ended June 23, 2013 with an almost doubled EBITDA from the same period last year. "Horizon…
STX Pan Ocean CEO Resigns, Group Shipyards to be Sold
STX Pan Ocean Co., the country's leading bulk carrier, said that CEO Kang Duck-soo (who is also chairman of the STX Group) has resigned as the shipper has been under…
Triple-E Maiden Voyager Breasting Indian Ocean SW Monsoon
Container ship 'Mærsk Mc-Kinney Møller' uniquely has two captains; one of them, Jes Meinertz, posts the following news on the blog 'Captains of the Triple-E'. "We are now facing the Southwest Monsoon in the Western part of the Indian Ocean. Presently we are 18 hours away from the island Sukutra close to the Horn of Africa. The wind force is 7 on the Beaufort scale, wind speeds of approximately 35 knots, and the swell is 4-5 meters. But the vessel remains relatively calm on the water.
Thai Navy Orders New Warship From DSME
The 3,700-ton frigate will be built in South Korea by Daewoo Shipbuilding & Marine Engineering Co. as a modernized version of the Kwanggaeto-class destroyer of the Korean Navy, reports Xinhua. Thailand has ordered the South Korean-built frigate which will cost some US$ 486-million, with a delivery date set for 2018. The Thai cabinet, headed by Prime Minister Yingluck Shinawatra, approved the Thai navy's…
President Obama's BD Message to the Coast Guard
Coincidentally the USCG and President Obama share August 4, as their joint birthdays: the President is 53 while the Coast Guard is 223 years old on this day. "I send greetings to all those celebrating the 223rd birthday of the United States Coast Guard on August 4. America's story is one that has been written during times of challenge and change, and dating back to the earliest days of our Union, members of the US Coat Guard have been some of its most revered authors.
