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TGS, Schlumberger reimaging central GOM

TGS-NOPEC Geophysical Company (TGS) and Schlumberger today announced a new multi- and wide-azimuth (M-WAZ) multiclient reimaging program in the highly prospective Central U.S. Gulf of Mexico. Final results are expected in early 2018, ahead of…

Aussie Navy Trains to fight

More than 17 ships and aircraft are descending on the Western Australian coast for one of the largest maritime warfare exercises held by the Royal Australian Navy. The inaugural Exercise Ocean Explorer will include international participants…

Hathon is Director Exploration, Cairn

Cairn announced the appointment of Eric Hathon as Director of Exploration. Dr Hathon, who has more than 25 years experience in the international oil and gas industry, will join Cairn from Marathon Oil Corporation where he held the position of Director Conventional Exploration…

Austal completes DDR for Pacific Patrol Boat Replacement Project

Austal has successfully completed the Detailed Design Review (DDR) for the A$306 million Pacific Patrol Boat Replacement (PPB-R) Project on time and in accordance with the contracted schedule. A key element of the Commonwealth’s continuous naval shipbuilding strategy…

MOL Invests in Self-Elevating Platform Vessel Operator

Mitsui O.S.K. Lines, Ltd. today announced a plan to acquire a 5% share in Seajacks International Limited (Seajacks) Group, which owns and operates five Self-Elevating Platform vessels(1), from Marubeni Corporation. This is a new offshore business for MOL…

Maritime Cook Islands makes two appointments for Europe

Maritime Cook Islands (“MCI”), the international ship registry, hasrecently appointed Marilena Andrenacci as Fleet Manager, and Paula Manarangi as Manager for Europe, significantly boosting MCI’s presence in Europe. Both appointments are based in Italy.

HEINZMANN leads in dual-fuel retrofit of marine propulsion engine

The use of LNG in marine applications is becoming increasingly common. It offers a big potential in terms of operating costs and emission reduction. Diesel engines converted to dual-fuel show considerably reduced emissions in case of high conversion ratios.

Teekay Offshore Sees Profit Drop

Teekay Offshore Partners has reported GAAP net income attributable to the partners and preferred unitholders of $92.0 million and adjusted net income attributable to the partners and preferred unitholders of $8.5 million in the fourth quarter of 2016.

Allseas Bags Nord Stream 2 Project Contract

Following an international tender process, Nord Stream 2 AG have awarded a contract for offshore pipelay of the Nord Stream 2 natural gas pipeline through the Baltic Sea to Allseas. The company will undertake offshore pipelay works for both lines in 2018 and 2019.

Safe Bulkers Reports 4Q Loss

Greece-based Safe Bulkers (SB) has reported a loss of $4.6 million in its fourth quarter. On a per-share basis, it has a loss of 9 cents. Net revenues for the fourth quarter of 2016 increased by 6% to $31.7 million from $29.9 million during the same period in 2015.

Nordic American Offshore Announces Public Offering

Nordic American Offshore (NAO) has announced an underwritten public offering of 33,333,333 common shares pursuant to the Company’s effective shelf registration statement. Morgan Stanley & Co. LLC, DNB Markets, Inc. and Skandinaviska Enskilda…

ABS Takes the Lead as First Class Society to Earn EU MRV Accreditation

ABS, a leading provider of classification and technical services to the marine and offshore industries, was awarded accreditation by Greece’s National Accreditation Body, the Hellenic Accreditation System (ESYD), to perform assessments for European Union (EU) Monitoring…

Keel Laying of First Shuttle Tanker for East Coast Canada

Teekay Offshore will be the sole supplier and operator of shuttle tankers sfor East Coast Canada(ECC), says Teekay Corporation. On February 15, the keel laying ceremony for Teekay’s first shuttle tanker newbuilding for ECC took place at the Samsung Heavy Industries shipyard in Korea.

US Tanker Liberty Sails for Sea Trials

U.S. shipbuilder General Dynamics NASSCO said it has sent the newly built Jones Act tanker Liberty to sea for testing and trials. The 610-foot-long Liberty set sail for the first time on Monday, February 20 to undergo sea trials before delivery later this year.

ABS Earns EU MRV Accreditation

Greece’s National Accreditation Body recognizes ABS as EU MRV frontrunner. ABS said it was awarded accreditation by Greece’s National Accreditation Body, the Hellenic Accreditation System (ESYD), to perform assessments for European Union (EU) Monitoring, Reporting and Verification (MRV) compliance.

Damaged Tug Heads to Seattle for Repair

The U.S. Coast Guard said it has green lighted a transit plan for the damaged tug Samson Mariner to head south from Ketchikan, Alaska for repairs in Seattle. The vessel departed on Tuesday accompanied by an escort tug. Samson Mariner was damaged and spilled approximately 1…

Chao Phraya: A Floating Food World

For many years, the Supatra River House on the Chao Phrya River, has been a favorite with Thai and foreign dinners. Situated on the Thonburi side of the river, the most favored approach to the restaurant is by boat. To that end, the owner, Khun…

LR Tankers Taken for Gasoline Storage in Asia

Singapore gasoline cracks have averaged $10.72/bbl in February so far, down by 12 percent y-o-y but still relatively firm. Robust demand from the Middle East and intra-Asia as well as a flurry of both planned and unplanned refinery outages have been supporting gasoline cracks.

Hull Failure, Flooding, Led to Fishing Vessel Casualty

The December 2015 sinking of fishing vessel Orin C and fatality of a mariner on board were cause by structural failure of the vessel’s hull and subsequent flooding, according to a marine accident brief released by the National Transportation Safety Board (NTSB).

Four Winns HD220: Outboard or Stern Drive?

The Four Winns HD220 and HD220 OB offer you multiple power choices, plus smart design.

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