The Maritime Executive - Latest Press Releases Thu, 24 Apr 2014 09:23:21 -0400 The Maritime Executive - Latest News. en-us Underwater PBCF Installations in Bring Fuel Savings Recently Hydrex installed Propeller Boss Cap Fins (PBCF) on several tankers during their respective stops in Rotterdam, Ghent and Antwerp. As a result of the underwater operation, the ships will not have to wait for their next drydock visit to start benefitting from the fuel savings the... Thu, 24 Apr 2014 09:06:00 -0400 Hapag-Lloyd/CSAV Makes Global Top 10 The merger of Hapag-Lloyd and CSAV will create a container fleet ranked 5th in the world by value $M, according to data from The current container fleet is worth $131 billion, with the top 10 companies owning 33 per cent of the total value. Hapag-Lloyd AG and... Wed, 23 Apr 2014 20:21:00 -0400 Noble Corporation Names New SVP and CFO Noble Corporation plc (NYSE: NE) today announced that Steven A. Manz has been appointed to the position of Senior Vice President and Chief Financial Officer of Paragon Offshore Ltd., the standard specification offshore drilling company to be created upon separation from Noble.  He will report... Wed, 23 Apr 2014 14:45:00 -0400 Technip Agrees to Sell Share in Seamec Technip announced today that it has entered into binding agreement for the divestment of a majority stake of at least 51% up to 75% in Seamec Limited (BSE: 526807, NSE: SEAMECLTD) to HAL Offshore Limited, India at a consideration of Rs 97 per share (translating to €20 million... Wed, 23 Apr 2014 14:34:00 -0400 Ambrey Risk Joins BIMCO Ambrey Risk has now been formally accepted as an Associate Member to BIMCO. This follows the companies’ achievement of ISO/PAS 28007, the first assessment of a maritime security company’s quality management system against an International Standards Organisation framework... Wed, 23 Apr 2014 14:26:00 -0400 WISTA's Essay Competition Launched PR and Marketing consultancy Jeanius Consulting is proud to announce the launch of WISTA – UK’s “Came by SHIP” essay competition, supported by Lloyd’s List.  WISTA - UK, part of the Women’s International Shipping & Trading Association, celebrates its... Wed, 23 Apr 2014 14:01:00 -0400 Marsol International and Aubin Group Partnership UAE-based global marine solutions provider, Marsol International and chemical engineering specialist Aubin Group has announced a partnership agreement to provide an ‘industry first’ total pigging solution for non-piggable pipelines. Marsol and Aubin delivered a solution to achieve a... Wed, 23 Apr 2014 11:54:00 -0400 Aker Solutions and Baker Hughes Alliance Aker Solutions ASA and Baker Hughes Incorporated have agreed to form an alliance to develop technology for production solutions that will boost output, increase recovery rates and reduce costs for subsea fields. The non-incorporated alliance will combine Aker Solutions' strengths in subsea... Wed, 23 Apr 2014 11:41:00 -0400 Cathelco Supply Pipework Anti-Fouling Systems Cathelco are supplying seawater pipework anti-fouling systems for a series of eight platform supply vessels (PSVs) which are being built by the Remontowa Shipbuilding yard in Gdansk. Four of the 92.65 meter PSVs are already in service for Edison Chouest Offshore, the leading American suppliers of... Wed, 23 Apr 2014 11:30:00 -0400 Bomin Bunker Oil Ltd., Shanghai Representation Office The Bomin Group is pleased to inform that Mr. Vincent Li starts as Bunker Trader at Bomin Bunker Oil Ltd., Shanghai Representation Office with effect of April 23rd 2014. Vincent Li is a MBA graduate from Dalian University of Technology. He has three years marine fuel sales experience in China. His... Wed, 23 Apr 2014 10:46:00 -0400 FlexTech Contract with Ocean Installer Flexible pipe specialist FlexTech has signed a contract for flexible pipe installation with Ocean Installer in a £500,000 deal.  Aberdeen-based FlexTech will deliver the detailed design of a flexible pipe installation spread as well as installation analysis and project support to Ocean... Wed, 23 Apr 2014 10:28:00 -0400 Farstad Shipping ASA - Charter Agreements Farstad Shipping ASA has been awarded the following charter contracts: Total E&P South Africa has awarded the PSV Far Spica (2013, PSV 08 CD, 4.000 DWT) a 4 month contract. The vessel is expected to depart from the North Sea in early May. In Brazil, Petrobras has awarded the PSV Far Swift... Wed, 23 Apr 2014 10:12:00 -0400 Neptune Awarded Ichthys Contract Neptune Marine Services Ltd (Neptune) is pleased to announce that it was recently awarded a survey and ROV contract by McDermott on the Ichthys LNG Project. McDermott is the appointed main contractor for the subsea umbilical, riser, flowline project for INPEX. Expected to commence early May, the... Wed, 23 Apr 2014 09:59:00 -0400 Hydrasun Announces Major Investment Hydrasun, a leading specialist provider of integrated fluid transfer, power and control solutions to the global energy market, is looking to expand its operations with a £3million investment in its specialist manufacturing facility in Aviemore. This is also being supported by a £500,000... Tue, 22 Apr 2014 12:29:00 -0400 Decom North Sea Appoints New Chief Executive The Board of Directors at Decom North Sea (DNS), the offshore oil and gas decommissioning forum, are today pleased to announce the appointment of a new chief executive to lead the organisation as it further strengthens its position as the representative body for the decommissioning industry. Nigel... Tue, 22 Apr 2014 12:14:00 -0400 BMT Nigel Gee and Ares Shipyard Deliver Ferries BMT Nigel Gee (BMT), a subsidiary of BMT Group, and Ares Shipyard are pleased to announce that the first two boats of a series of eight luxury passenger ferries destined for Qatar, have been completed and delivered to the customer. BMT worked closely with Ares Shipyard to produce an innovative... Tue, 22 Apr 2014 12:03:00 -0400 Lundin First Quarter 2014 Financial Update Lundin Petroleum AB (Lundin Petroleum) will expense exploration costs of approximately MUSD 127 for the first quarter of 2014 (the Period). These expenses will be offset by a tax credit of MUSD 61 giving an after tax net impact to the income statement for the Period of MUSD 66. During the Period,... Tue, 22 Apr 2014 11:33:00 -0400 Benj Sykes Announced as New Co-Chair DONG Energy Wind Power’s Country manager, Benj Sykes, was today announced as the new co-chair of the Offshore Wind Industry Council (OWIC) by Business and Energy Minister, the Rt. Hon Michael Fallon MP, who also co-chairs the group. The Offshore Wind Industry Council (OWIC) is the strategic... Tue, 22 Apr 2014 11:19:00 -0400 Harris Pye Engineering Welcomes Employee As of February 2014 the Harris Pye Group were excited to announce Richard ‘Ricky’ Porter had joined the group as Refrigeration and HVAC Manager. Ricky will be located in the Dubai JLT office, bringing with him an impressive 45 years of experience within the global marine... Tue, 22 Apr 2014 11:05:00 -0400 Sonardyne Wins Queen's Award Leading subsea technology manufacturer Sonardyne International Ltd. is celebrating winning the Queen’s Award for Enterprise in Innovation for its 6G® underwater product range. Announced yesterday, Monday 21st April, the Queen’s Award for Enterprise recognizes and encourages... Tue, 22 Apr 2014 10:55:00 -0400 ISS to Support Petrobras Expansion Inchcape Shipping Services (ISS), the world’s leading maritime services provider, has had its port agency and tanker husbandry services contract significantly enlarged by Petrobras.  The Brazilian government-owned energy giant, which already uses ISS in Brazil, Chile, USA, Asia Pacific... Tue, 22 Apr 2014 10:34:00 -0400 Flexible Bandwidth Control with Pharostar VSAT Seasonal needs of superyachts in core regions met with flexible support for yacht owners and crew.  Airbus Defence and Space and service provider partner e3 Systems report that flexibility in bandwidth provision on the Pharostar VSAT (Very Small Aperture Terminal) service can cost-effectively... Tue, 22 Apr 2014 10:23:00 -0400 Swire Pacific Offshore Launches 8th D-Class AHTS Shipowner and operator, Swire Pacific Offshore Operations (SPO) celebrated the launch of its new D-Class vessel, Pacific Dragon on Good Friday. The launch marked the completion of the eight vessel D-Class series of 240T bollard pull, flexible and environmentally-friendly anchor handling tug supply... Mon, 21 Apr 2014 20:33:00 -0400 COSCO Wins $100m in Contracts COSCO Corporation (Singapore) has announced that COSCO (Dalian) Shipyard, a subsidiary of the company’s 51 per cent owned subsidiary, COSCO Shipyard Group, has secured a contract from an Asian company to build four Emergency Response / Rescue / Field Support Vessels (ERRVs). The four vessels... Mon, 21 Apr 2014 20:31:00 -0400 Tesla Offshore 10th Year with Bf-21 Auv Tesla Offshore LLC, a leading survey service provider offering comprehensive Geophysical, Geoscience, Marine Construction and Marine Salvage support in offshore waters around the world, is celebrating its 10th year in business. In 2014, Tesla Offshore has also achieved a benchmark in its strategic... Mon, 21 Apr 2014 15:44:00 -0400 EBDG Congratulates Newest PMPs Elliott Bay Design Group (EBDG), a leading provider of architectural and engineering services to the marine industry with offices in Seattle, New Orleans and Ketchikan, is pleased to announce that David Turner and Mike Wood have earned the Project Management Professional (PMP)... Mon, 21 Apr 2014 15:32:00 -0400 Technip Wins Umbilical Contract Technip announces that a consortium composed of Angoflex Ltda  (owned jointly with Sonangol) and DUCO Ltd, has been awarded a large lump-sum contract by Total E&P Angola. The contract consists of the umbilical system part of the Kaombo project, located in Block 32 offshore Angola in water... Mon, 21 Apr 2014 15:18:00 -0400 Ferry Accident in South Korea As the ferry industry’s trade association, Interferry wishes to express its deepest condolences to everyone affected by the recent tragedy in South Korea.  Fatal ferry accidents are rare in developed countries such as this but that does not diminish the industry’s ongoing... Mon, 21 Apr 2014 13:59:00 -0400 Markel International Appoints Luke Tidey Markel International boosts marine underwriting team in Asia with the appointment of Luke Tidey Markel International, the specialist insurer, has appointed Luke Tidey as an assistant marine underwriter in its Singapore office.  Luke joins from Markel International’s Stockholm office... Mon, 21 Apr 2014 12:44:00 -0400 EV Honored for Success in International Trade UK-based downhole video technology specialist EV has been awarded a Queen’s Award for Enterprise in International Trade, which recognizes companies that have demonstrated growth in overseas business. EV, the market leader in downhole video applications for the oil and gas industry, won for... Mon, 21 Apr 2014 12:37:00 -0400 AVEVA Solutions for TOTAL E&P Nigeria Ltd Leading Owner Operator standardizes on AVEVA Engineering & Design Solutions for increased efficiency on all new projects AVEVA today announced that TOTAL E&P Nigeria Ltd (TEPNG) has adopted AVEVA’s Engineering & Design solutions as part of an Integrated Engineering & Design... Mon, 21 Apr 2014 12:28:00 -0400 OceanWorks International Delivers Seafloor Nodes OceanWorks International completed the delivery of a spare node base and two node pods to Harris CapRock Communications (HCC) in support of the ongoing operation and maintenance of CSnet International’s Offshore Communications Backbone (OCB) system. OceanWorks International completed the... Mon, 21 Apr 2014 12:20:00 -0400 BP Expert Discuss North Sea EOR Program Euan Duncan, Discipline Lead Reservoir Engineer at BP, will address SPE Aberdeen’s members and the wider public on 23 April, at a presentation covering how EOR works and the opportunities this technology presents when conditions are right. Mr. Duncan will discuss the BP North Sea EOR program... Mon, 21 Apr 2014 11:57:00 -0400 Former Executive Director Joins Texas A&M University Col. Len Waterworth joins Texas A&M University at Galveston as an executive professor in the Department of Maritime Administration starting in the summer of 2014.  Col. Waterworth will also be appointed as a senior research associate in the Center for Texas Beaches and Shores.  His... Mon, 21 Apr 2014 11:33:00 -0400 Sakhalin Energy Celebrates 20th Anniversary April 18, Sakhalin Energy Investment Company (Sakhalin Energy), the operator of the Sakhalin-2 project, celebrated its 20th anniversary. Sakhalin Energy has been established in 1994 to operate one of the largest oil and gas industry projects – Sakhalin-2. The sheer complexity of the... Fri, 18 Apr 2014 22:57:00 -0400 Hallin Offshore Installation Support Project Hallin Marine, a Superior Energy Services company, announces the start of a new subsea field development project in the Bay of Bengal working in support of Subsea 7. The project began in March and is expected to take three months. It is located in the G1 deepwater region of the highly productive... Thu, 17 Apr 2014 17:03:00 -0400 EDF Investment in New UK Electricity Generation Officially opens West Burton gas power station and Teesside Offshore Wind Farm EDF has demonstrated its commitment to invest to meet Britain’s energy needs by inaugurating two new electricity generating sites. Both projects are examples of the company’s investment in the diverse... Thu, 17 Apr 2014 16:54:00 -0400 Total Discovers Oil in Ivory Coast The Total-operated Saphir-1XB exploration well on Block CI-514 proved the presence of liquid hydrocarbons in the deep offshore west of Ivory Coast. “Drilled in an abrupt margin play, this first well is the first discovery in the San Pedro Basin, a frontier exploration area in Ivory... Thu, 17 Apr 2014 16:45:00 -0400 Intesa Sanpaolo And Vei Capital Take Stake •    The initial investment of the new partners will total 25 million euros •    Possibility of increasing overall investment to 100 million euros •    Ugo Salerno: “The aim is to develop a leading national organisation to compete... Thu, 17 Apr 2014 16:12:00 -0400 ABS Product Type Approval The Czech Republic based valve manufacturer  - ABO valve  - who is the largest producer of butterfly and check valves for industrial applications in Central Europe, obtained ABS certificate for three its butterfly valve series. The American Bureau of Shipping (ABS) who issued the... Thu, 17 Apr 2014 16:03:00 -0400 Green Locomotives Dramatically Cut Emissions Dramatic reductions in emissions and operating costs are anticipated with Port Manatee’s deployment of two “green” locomotives on the short-line railroad that links the Tampa Bay seaport to the CSX Transportation mainline.  The two diesel-electric locomotives, delivered... Thu, 17 Apr 2014 15:29:00 -0400 WHO eBooks Available Via Witherby Digital Maritime specific eBooks from WHO (World Health Organization) are now available to view and download via the ‘Digital Publications Manager.’ Witherby Digital is delighted to announce that maritime specific eBooks from a second UN agency will soon be available via the Digital... Thu, 17 Apr 2014 15:17:00 -0400 Chief of USACE Signs Inlet Report The U.S. Army Corps of Engineers (USACE) signed the Chief’s Report Apr. 16 on deepening and widening portions of the Lake Worth Inlet, Palm Beach Harbor. The Chief’s Report outlines the major national benefits of the project including transportation cost savings and increased economic... Thu, 17 Apr 2014 15:07:00 -0400 Shell Announces Gas Discovery Shell today announced an exploration discovery offshore Malaysia. The successful ‘Rosmari-1’ well is located 135 kilometres offshore in Block SK318, and was drilled to a total depth of 2,123 metres.  The well encountered more than 450 metres of gas column. With further exploration... Thu, 17 Apr 2014 14:57:00 -0400 InterManger Grants Protection for Seafarers InterManager, the international trade association for the ship management industry, has welcomed the adoption of new measures to protect seafarers against abandonment. Amendments to the Maritime Labour Convention 2006, agreed at a meeting of the International Labour Organisation in Geneva last... Thu, 17 Apr 2014 14:34:00 -0400 Piracy in West Africa The Standard Club supports and welcomes “GUARDCON West Africa”, the new contract for use by shipowners when putting in place security arrangements for trading in the high risk areas off the West African coast.   Sam Kendall-Marsden, Director of the club’s Atlantic Syndicate,... Thu, 17 Apr 2014 14:18:00 -0400 WTS Acquires Integrated Services Wilhelmsen Technical Solutions AB (WTS) has signed an agreement to acquire 100% of the shares in Integrated Engineering Services Ltd. (IES), strengthening its Heating, Ventilation and Air Conditioning (HVAC) offering to the offshore market. “This acquisition demonstrates our commitment to... Thu, 17 Apr 2014 13:39:00 -0400 OceanLED Exceeding Manufacturing Goals OceanLED, the global leader in LED marine lighting technology, announced today that its UK-based manufacturing facility is not only back online but is exceeding its manufacturing capacity goals four-fold with new targets being achieved almost daily.” “The support from both our... Thu, 17 Apr 2014 13:24:00 -0400 RS at Arctic Shipping Forum Russian Maritime Register of Shipping (RS) took part in the 10th Annual Arctic Shipping Forum in Helsinki, Finland on 8-10 April 2014. Special requirements for Arctic class ships have become one of the most discussed issues within the international maritime community. The potential threats the... Thu, 17 Apr 2014 13:16:00 -0400 Strategic Agreement for TRANSTEC with EXPOFORUM On 9 April 2014 the Strategic Agreement for TRANSTEC International Conferences and Exhibitions was signed to continue the promotion of the development of Russian Ports and Shipping through 2018.   TRANSTEC will be held in cooperation with the NEVA Exhibitions in... Thu, 17 Apr 2014 12:42:00 -0400 Director of ReThink and ReUse Center Chalos & Co, P.C. – International Law Firm congratulates Michelle Otero Valdés, the head of the firm’s Miami office, on her appointment and service as Chair of the Board of Directors of the ReThink and ReUse Center, an educational and environmental non-profit organization... Thu, 17 Apr 2014 11:01:00 -0400 Moxa Introduces MPC-2240 Computer Moxa´s MPC-2240 is a sleek, modular, 24 inch flat marine panel computer for marine e-navigation systems. Powered by an Intel® Ivy Bridge CPU, the MPC-2240 panel computers are built to gracefully handle the heavy graphic computing demands that marine applications such as ECDIS and radar... Wed, 16 Apr 2014 15:19:00 -0400 Global Terminal Expansion on Target Port of New York/New Jersey’s first semi-automated terminal. The United States’ newest semi-automated facility, Global Terminal, today announced that the latest of ten stacks of additional capacity has been completed on time. Global took delivery of the last 5 of its 20 Rail Mounted... Wed, 16 Apr 2014 15:07:00 -0400 Marathon Runners Raise Money for Seafarers Sailors’ Society’s 2014 London Marathon team has brought in thousands for the maritime charity and donations are still pouring in.  For 12 of the 20 strong team, this was the first time they had taken on the might of a marathon and what a day to remember! The sun shone down as... Wed, 16 Apr 2014 15:07:00 -0400 Seacurus Calls for Speedy MLC Amendments Specialist marine insurance intermediary Seacurus has welcomed the agreement to include in the Maritime Labour Convention unpaid crew wages in the event of abandonment, and has called for the earliest possible implementation of draft proposals to amend the Convention accordingly Agreement was... Wed, 16 Apr 2014 15:00:00 -0400 DNV GL Oil & Gas to Expand DNV GL, the leading technical adviser to the oil & gas industry, is relocating its oil & gas head office in Norway from Høvik to Stavanger in order to be even closer to its customers. Local delivery capacity will be expanded in Stavanger and Bergen and operations will continue in... Wed, 16 Apr 2014 14:53:00 -0400 Technip Heerema Alliance Wins Contract The consortium, comprising Technip and Heerema Marine Contractors (Heerema), was awarded a major lump-sum contract by Total E&P Angola for the engineering, procurement, construction, installation (EPCI) and pre-commissioning for the SURF (subsea umbilicals, risers and flowlines) part of the... Wed, 16 Apr 2014 14:53:00 -0400 Canaveral Tops State List for Funding  The Canaveral Harbor Inlet Sand Bypass Project has earned the top state ranking for 2014/15 inlet management funding. As a result, Port Canaveral is expected to receive $100,500 in grant funding from the Florida Department of Environmental Protection (FDEP) for beach renourishment. To date,... Wed, 16 Apr 2014 14:45:00 -0400 GeoPortal Aids Rapid Oil Spill Response A secure, login-based GeoPortal built and hosted by the CSA Ocean Sciences Inc. (CSA) GeoSpatial Services business line has been used for tasks associated with planning, science, and operations for oil spill response. The GeoPortal serves as a tool for streamlining the planning, visualization, and... Wed, 16 Apr 2014 14:35:00 -0400 Reflex Marine First to Gain Brazilian Accreditation Reflex Marine, a global leader in safe marine transfer solutions to the offshore, marine and renewables industries, has become the first European company to have its technology certified by the Brazilian Navy, the accredited body for offshore safety in the region. The certification relates to the... Wed, 16 Apr 2014 14:30:00 -0400