Congressman Ed Whitfield (R-Ky.) was presented Waterways Council, Inc.'s (WCI) 13th Annual Leadership Service Award for his strong and continued leadership on ports and inland waterways issues. Congressman Whitfield was presented the Leadership Service Award on February 12, 2014 in Washington, DC. Most recently, Whitfield served as a critical champion to introduce…
Marine transport advisors McQuilling Services explain in a tanker industry note that timing is everything in a volatile tanker market. McQuilling explain that on the outset, one might not directly see a similarity between Valentine’s Day and the tanker market; however, both can sometimes require serendipitous timing in order for desired outcomes to transpire.
Plans by Aberdeen Harbor Board to create additional berthing facilities at Nigg Bay have received a double boost. An independent report has estimated the economic benefit of the development to the local and national economies to be nearly £1 billion per annum. This report has been published in the same month that the Scottish Government…
Wärtsilä said it signed a contract in late 2013 for a range of pumping solutions for a new Floating Storage Unit (FSU) which will operate on the Mariner oilfield in the North Sea. Wärtsilä's contract was signed with Samsung Heavy Industries (SHI) which will build the FSU in South Korea on behalf of Statoil, the Norway based international energy company.
Wärtsilä and Van Oord, the Netherlands-based contractor for dredging and offshore projects, have entered into an exclusive partnership for all field service and parts supply. The agreement covers preventive and corrective engine maintenance by Wärtsilä on Van Oord's fleet of dredging and other vessels. The contract has a total value of EUR 30 - 40 million over three years.
A small Canadian company is using its “scientific excellence” in acoustics to advance human and industrial activities mainly in a marine environment. JASCO Applied Sciences has more than 30 years of experience in various aspects of marine acoustics. It has delivered its expertise internationally and has become one of the global leaders in marine acoustic data collection and analysis.
Looking at the global economy, although markets seemingly having a hard time digesting recent moves by the US Fed to scale back its bond purchasing program, a recovery appears to be on the horizon. One notable difference when compared to recent years has been that OECD economies, in particular the US, comprises a larger contribution to this development.
L-3 SAM Electronics announced that it has been commissioned by steel contractor Bladt Industries A/S of Aalborg, Denmark, to outfit transition pieces for the EnBW Baltic 2 wind farm due to become operational this year. “The EnBW Baltic 2 project is the second major turnkey wind farm contract to have recently been awarded…
Maven Capital Partners (Maven) announced a £3.5 million Scottish Loan Fund (SLF) investment in energy services business Coretrax Technology Limited (Coretrax). Set up in 2011 by the Scottish Investment Bank, the investment arm of Scottish Enterprise, and managed by Maven, the £113 million SLF provides loans of up to £5 million to ambitious Scottish businesses.
Offshore chemical engineering specialist Aubin Group has formed a cooperation agreement with subsea flexible pipe specialist Flexlife to create an industry first in subsea integrity management (IM). Aubin Integrity, a division of Aubin Group, and Flexlife are working together to provide full-service IM solutions to the oil and gas industry.
Eastern Shipbuilding Group, Inc. announced the launching of the HOS Black Foot (Hull 206) on Friday January 17, 2014 for Hornbeck Offshore Services, LLC. The HOS Black Foot is Eastern’s second vessel in Hornbeck Offshore’s HOSMAX 310 class series. The launching event was held at Eastern’s Allanton facility with hundreds of Eastern employees and guests attending…
The 14th Annual California Maritime Leadership Symposium, slated to take place February 19-20 at the Sacramento Convention Center, attracts key members from California’s State Legislature and representatives from California’s ports and the maritime industry. The symposium aims to encourage productive dialogue among maritime industry leaders and communicate port needs to California decision makers.
Risk management experts from around the world will gather in Aberdeen on March 5 for a conference that will set the agenda for dealing with the issue and impact of human risk in the oil and gas industry. The keynote address will be delivered by Lord Cullen of Whitekirk, who chaired the public enquiry into the Piper Alpha disaster.
Improving and updating Arctic design standards for material, equipment, and offshore structures for the petroleum, petrochemical and natural gas industries. Seventy representatives from seven countries met for two days in St. John’s, Newfoundland and Labrador in early October to further the creation of standards for resource development in the Arctic.
JDR Cable Systems Limited has won a contract for the manufacture of subsea production umbilicals from ConocoPhillips – an American multinational energy corporation headquartered in Houston, Texas. The umbilicals will be deployed in Phase 3 of the Bayu-Udan Field development in the Joint Petroleum Development Area (JPDA) of the Timor Sea.
“The President continues to take credit for the surge in domestic oil and natural gas production when the fact is almost all of the increase came from private and state, not federal, lands. The President spoke again about the need for more jobs. Yet his Administration continues to block expanded domestic offshore energy…
Last last year Arab Shipbuilding and Repair Yard (ASRY) appointed Nils Kristian Berge acting Chief Executive to succeed Chris Potter. As ASRY is a driving force in the key Middle East ship repair and offshore markets, Maritime Reporter spent some time with Berge for his insights on the ship repair market in general, as well as ASRY specific initiatives for the coming year.
Canada’s two largest west coast ports are now both offering financial incentives to shipowners based on the ‘A to G’ Greenhouse Gas Emissions (GHG) rating, which benchmarks the energy efficiency of the international shipping fleet. Port Metro Vancouver’s ‘Eco-Action’ Program and Prince Rupert Port Authority (PRPA)’s ‘Green Wave’ Program will reward the most efficient vessels that enter the ports.
M/T Kerala vanished on January 18 off Angola; Angolan Navy says hijacking faked. The Angolan Navy is claiming that the crew of an oil tanker reported missing off its coast on Jan. 18 were part of faked pirate attack. Separately, a regional security expert who declined to be named for the purposes of this report, expressed doubt as to the accuracy or motives of the Angolan Navy statements.
In collaboration with a group of Basque (France/Spain area), companies, Iberdrola Ingeniería say they have launched the Marin-El R&D project which aims to design a marine electrical sub-station for offshore wind farms. The initiative has been allocated a €10 million budget and is supported by the Basque government. It also intends to offer an alternative to the existing substations…