Aberdeen-based Deep Casing Tools, completes first operation of its 'Turbocaser' in the Norwegian North Sea, with a successful 21 hour reaming run. The Turbocaser™ Express is a high-speed drillable reaming system that enables drilling teams…
New Vessel Motion Monitoring System (VMMS) – developed by James Fisher group company Strainstall Marine – provides accurate motion and impact load monitoring with a data logging capability; Increases safety and operational efficiency during…
International accountant and shipping consultant Moore Stephens says the banks will exert more control over the shipping industry in 2013. It also expects vessel values to fall further, and the cost of regulatory compliance to increase.Moore Stephens partner Julian Wilkinson says…
Amendments to the IAMSAR Manual to come into effect on 1 July, 2013.Applicability: All shipowners, operators and managers.Amendments to the International Aeronautical and Maritime Search and Rescue (IAMSAR) Manual will come into effect on 1 July…
Oman Shipping Company (OSC) has taken delivery of its third Very Large Ore Carrier (VLOC) 'Vale Saham' in China.The giant bulk carrier will be used to transport iron ore from Brazil to Sohar, Oman. OSC has one more vessel of its class under…
Khorfakkan Container Terminal (KCT) became the first terminal operator in the Middle East to handle the world’s largest container ship, 'CMA CGM Marco Polo'.With a length of four standard football pitches (396 metres), 54 metres beam and requiring a draft of 16m…
Still no Arctic offshore oil from the Prirazlomnaya platform, but Russia keeps the position as the world’s largest oil producer.Prirazlomnaya field in the eastern Barents Sea was supposed to be the first operating offshore oil production…
US Department of Defense awards New Year contracts to BAE Systems & Science Applications International Corp.BAE Systems Norfolk Ship Repair, Norfolk, Va., was awarded a US$50,180,546 undefinitized contract action as a modification to a…
The Singapore Navy's second 'Archer-class' submarine 'RSS Swordsman' returns to Singapore after upgrading.The Republic of Singapore Navy's (RSN) Archer-class submarine, RSS Swordsman, has arrived at Changi Naval Base (CNB) from Sweden…
TGS, through its wholly-owned subsidiary Arcis Seismic Solutions, begins multi-client energy survey of Ille Lake in Central Alberta, Canada.The lake, popular with anglers and nature-lovers, covers 180 km2 (70 mi2) in the deep basin of Central Alberta…
In his New Year message, Mitsui O.S.K. Lines President Muto predicts loss in 2013 of same magnitude as last year, suggests new business model.Excerpts from Mr. Muto's message follow:'The marine transport industry has faced a challenging…
Vroon takes delivery of 'MV Sicilian Express', the last in a series of four bulkers built at COSCO Dalian Shipyard, China.MV Sicilian Express is a 92,500-dwt post-panamax bulk carrier, and her Chinese crew sails under the Gibraltar flag…
Equinox Offshore Accommodation Ltd. faced with a winding-up petition for a US$600,000 claim, applies to Singapore Court for 'judicial management'.The Board of Equinox Offshore was not able to resolve the matter relating to the winding up petition…
The Hebron field development offshore Newfoundland and Labrador was sanctioned by operator ExxonMobil and its co-venturers.Located approximately 350 km offshore Newfoundland, the Hebron platform will be a concrete Gravity Based Structure (GBS) in 95 meters water depth…
BP Plc confirms an order for 13 of the vessels, 2012’s largest tankship shipbuilding order.According to information obtained by Bloomberg the order, placed with Changwon, South Korea's STX Offshore & Shipbuilding Company, includes three Suezmax ships…