News
Marine Energy Event: “Marine Energy Is Not a Niche Market”
Marine Energy Event, held on October 11, 2017, as part of Offshore Energy Exhibition & Conference (OEEC) 2017 in Amsterdam, gathered a great number of industry experts who discussed the latest in marine energy with a focus on conditions for commercial success which was also the topic of this year’s
Solstad Farstad Secures Two Contract Extensions
Solstad Farstad has agreed contract extensions for two of its vessels. The first extension is for the construction support vessel (CSV) Normand Pacific with Prysmian Powerlink, the Prysmian Group’s company responsible for the development of the “turnkey” submarine cable systems. The contract has bee
Tanker’s Anchor Pierces Test Torpedo, Drags It into Portland
Maltese-flagged oil/chemical tanker Skaw Provider hooked a historic test torpedo by its anchor and dragged it into Portland, UK. The unexploded device had been pierced by the fluke of the anchor as it landed on the seabed, and had then been dragged up from around a 15-metre depth, the Royal Navy sai
New Charter Catamaran Welcomed in Cannes
The Sunreef 74 Calmao , a new yacht built at Poland-based shipyard Sunreef Yachts, was presented at the Cannes Yachting Festival in September. Being an advanced version of the company’s Sunreef 74 model, this sailing catamaran features a bow terrace, a hydraulic aft platform and an enlarged flybridg
Bakker Sliedrecht to Power Up GeoSea’s Orion
Bakker Sliedrecht will deliver the main electrical power package for the offshore wind installation vessel Orion, scheduled to be delivered to its owner GeoSea in 2019. The vessel will be deployed on next-generation projects featuring massive components.
Antigua and Barbuda Preps for Maritime Single Window
Antigua and Barbuda is getting ready to implement a maritime single window for ship notifications related to stay and departure of vessels, the International Maritime Organization (IMO) informed. The maritime single window is part of a project facilitated by IMO technical cooperation program. Norway
Drewry: Container Shipping Industry to Earn USD 6 Bn This Year
The container shipping industry is steaming its way toward making an operating profit in the region of USD 6 billion this year, with that sum rising again next year, Drewry said in its latest report on container shipping industry. As disclosed, for now, “the industry is moving in the right direction
Sevan Marine settles arbitration with Logitel and Teekay
Sevan Marine, a cylindrical platform design provider, has entered into a settlement agreement related to an ongoing dispute with Logitel Offshore and Teekay Offshore Partners. Sevan Marine informed on Monday it had entered the settlement agreement with Logitel Offshore and Teekay Offshore Partners w
Chevron abandons Great Australian Bight exploration
Chevron Australia said it has made a decision to pull out of the Great Australian Bight exploration program, due to the current low oil price environment.
Gulf of Mexico operators resuming normal ops following Storm Nate
Offshore oil and gas operators in the Gulf of Mexico have restarted almost the entirety of their oil production following Tropical Storm Nate with under one percent of output remaining shut-in. According to a final Storm Nate report released on Saturday by the U.S. Bureau of Safety and Environmental
Spectrum starts 2D seismic shoot off Brazil
Multi-client seismic data specialist Spectrum has announced the beginning of a 6,000 km multi-client 2D seismic survey covering the Ceara Basin within the Equatorial Margins of Northern Brazil. The Ceara Basin contains sectors of the 15th licensing round. The survey is being carried out in partnersh
Windcarrier’s Bayard CTV Fleet Marks 1000 LTI-Free Days
Fred. Olsen Windcarrier’s fleet of seven Bayard class crew transfer vessels (CTVs) reached 1,000 days without a lost time incident (LTI) on 12 October.
Snam completes purchase of Edison’s stake in Adriatic LNG
The Italian natural gas transmission system operator, Snam, has completed the acquisition of Edison’s 7.3 percent stake in the Adriatic LNG.
Big Data Boom, Big Benefits
In the not so distant past, the torrent of data flooding the maritime industry had probably only set pulses racing among ICT enthusiasts. However, recent years have seen shipping follow other industries in being engulfed by the big data tsunami, with the pacesetters among ship owners and operators r