CMA CGM to Acquire SOFRANA Unilines
CMA CGM announced it will purchase through its subsidiary, ANL, the majority of the shares in SOFRANA Unilines, a key player in the Pacific Islands regional maritime trade. With operations in the South Pacific region for almost 50 years, SOFRANA Unilines operates directly or in partnership a fleet of 10 vessels on eight trade-lanes, servicing 21 ports in Australia, New Zealand, Papua New Guinea and the Pacific islands. Together with CMA CGM’s ANL, who already offers 16 trade lanes servicing major ports throughout Australia…
France's DCNS Wins $40 bln Australian Submarine Contract
France's state-owned naval contractor DCNS Group has won a A$50bn ($40 billion) contract to build 12 submarines for the Australian Navy, beating bids from Japan and Germany. Malcolm Turnbull, Australia’s prime minister, announced that DCNS awarded tender over Germany and Japan to build fleet of Barracuda-class submarines in South Australia. The decision to build a new fleet of submarines in partnership with DCNS represented “a momentous national endeavour,” he said. The Shortfin Barracuda submarines will be built in Adelaide using Australian steel, creating 2,800 jobs, he said.
Sino-Australian Seaborne Trade
In recent decades, trade between the Australia and China have made an increasingly significant contribution to growth in global seaborne trade, and the signing of the China-Australia Free Trade Agreement in 2015 is driving further co-operation, says a report by Clarkson Research Services. But just how important has the impact of trade between these two countries been? Between 2006 and 2016, Chinese imports from Australia grew by a CAGR of 17% p.a. to reach an estimated 792mt in 2016.
MHI Establishes MHI Australia Pty. Ltd.
Today Mitsubishi Heavy Industries, Ltd. (MHI) launched operations at MHI Australia, Pty. Ltd. in Sydney. Creation of the new entity has two overriding ambitions: 1) to strengthen ties with Australia's governmental institutions and economic and industrial sectors, and 2) to serve as a base for developing relationships with Australia's academic bodies, including universities and research institutes. MHI Australia will help drive proactive sales support as well as broad information gathering to reinforce MHI's business structure in the Australia/Oceania region as well.
Germany Hardsell Submarine Deal With Australia
The German company competing for Australia's $50 billion submarine contract is ramping up its pitches and lobbying became more intense. Germany is positioning itself as the "safe option" to build Australia's new submarine fleet, arguing it avoids upsetting China. The German company ThyssenKrupp Marine Systems (TKMS) linked its bid to strategic tensions in the South China Sea. It also said that awarding the contract to Japan could damage Australia's relationship with China. According to a report in ABC…
Chevron Strike Gas Offshore Western Australia
Natural gas deposits discovered in two locations by Chevron Australia's deepwater drilling exploration program in the Carnarvon Basin. The Pinhoe-1 exploration discovery well encountered approximately 197 feet (60 meters) of net gas pay in the Barrow and Mungaroo Sands. Pinhoe-1 is located in the WA-383-P permit area, located approximately 124 miles (200 kilometers) north of Exmouth off the Western Australia coast. The well was drilled in 3,048 feet (929 meters) of water to a total depth of 13,396 feet (4,083 meters).
Key Management Change at GAC Australia
Scott Henderson has been appointed Managing Director of GAC Australia following the retirement of Phil Coolican after seven years with the company and more than four decades in the shipping industry. Previously the company’s National Operations Manager, in his new role Scott Henderson is responsible for overseeing the continued growth of GAC Australia’s shipping and logistics services business across Australia, New Zealand, Papua New Guinea and, the Pacific Islands. Prior to joining GAC Australia when the company was established in 2007…
Australian Participation in Global Bioenergy Research
ARENA is providing $360,000 to Bioenergy Australia to help shape the global research and knowledge agenda for the developing bioenergy industry. The funding will enable Bioenergy Australia to extend its participation in the International Energy Agency’s Bioenergy program. *Biomass Feedstocks for Energy Markets. The two-way information sharing will be invaluable to the international bioenergy industry and research community as well as benefit bioenergy projects being deployed across Australia. Bioenergy Australia will be holding a series of knowledge sharing activities in the coming months.
Australia's New Shipping Laws Threaten Loss of Jobs
The planned changes to Australia’s shipping laws would cause a 93% loss of Australian seafaring jobs a new report says. More than nine in 10 domestic seafarers will lose their jobs if the Abbott government's plan to relax shipping regulations passes Parliament, report written by the Australia Institute suggests. Less than 100 seafarers would remain in employment out of a current workforce of 1177, according to a report written by the Australia Institute, based on government documents supporting its Shipping Legislation Amendment Bill.
LOC Appoints Harrison, Solomons
London Offshore Consultants (LOC) announced that Alex Harrison has assumed a new LOC Group role as Group Director, Energy Services effective October 13, 2014, after stepping down as Managing Director of LOC Australia. Taking over Harrison's role in Australia with effect from this same date is Adam Solomons. Harrison was a Director of LOC in London before transferring in 2005 to head LOC Australia which is now the second largest earnings generator in the LOC Group. He joined the LOC Group Ltd board in 2011.
Australia Welcomes Japan to Join Submarine Tender
Australian Defence Minister Kevin Andrews has requested Japan to participate in procedures to become Australia's partner in a project to jointly develop next-generation submarines. Andrews made the request in a telephone conversation with Japanese Defence Minister Gen Nakatani who responded positively, Japan's Jiji Press news agency reported. In their telephone conversation, Andrews was quoted as telling Nakatani that Australia hopes to study the feasibility of the two countries jointly developing a submarine, as Japan has the necessary technology, Japan’s public broadcaster NHK reported.
Australia to be Largest Gas Exporter?
Oil and gas professionals tip Australia to become world’s largest gas exporter by 2030. Delegates at the 2012 Australasian Oil and Gas Conference forecast huge growth in Australia’s role in the energy markets, tipping the country to become the largest gas exporter by 2030, according to a poll conducted by GL Noble Denton. Australasian Oil and Gas Conference, Perth – 23 February 2012: Oil and gas industry professionals are confident in Australia’s ability to become the world’s…
Australian PM Holding Talks on Sub Purchase
Australia is holding talks with a number of countries on a contract to build replacements for Australia's aging submarine fleet, Prime Minister Tony Abbott said on Sunday at the G20 leaders Summit in Brisbane. Japan has been seen as the front-runner to sell Australia as many as 12 stealth submarines, but strong interest from manufacturers in Sweden, Germany and France and domestic political pressure has led to calls for his government to hold an open tender. (Reporting by Matt Siegel; Editing by Eric Meijer)
Low Sulphur Fuel Regulation for Cruise Ships at NSW Ports
The Port Authority of New South Wales (NSW) has issued advice about the Consultation Draft of a new regulation requiring cruise ships to use low sulphur diesel fuel (sulphur content of 0.1% or less) from 1 October. If the regulation is passed, this would be applicable for all cruise ships visiting Sydney Harbour, and then to include all New South Wales ports from 1 July 2016. For information about operations in Australia contact GAC Australia at firstname.lastname@example.org
Japan Hardsells Submarine to Australia
Japan has urged Australia to award a contract to build its new $50-billion submarine fleet, reports SMH. Japan, which is offering a variant of its 4,000 ton Soryu submarine, is competing against rival bids from Germany and France for the contract. Japanese Foreign Minister Fumio Kishida has delivered a blunt message to Canberra that only its bid to build Australia's new $50 billion submarine fleet can provide the crucial "strategic" element. Mitsubishi Heavy Industries (MHI) chief executive Shunichi Miyanaga…
Australia Oil & Gas Survey: Day 2
Australia must work harder to build local oil and gas talent, according to Industry Snapshot Poll. Delegates at the 2012 Australasian Oil and Gas Conference have warned that Australia needs to do more to grow its own oil and gas talent, according to a poll conducted by GL Noble Denton. Oil and gas professionals have called for Australia to do more to build local industry talent, as the country struggles with an increasing shortage of skilled professionals. According to a poll conducted yesterday at the Australasian Oil and Gas Conference and Exhibition (AOG) in Perth…
Australia's Classic International Cruises in Administration
The Business Recovery & Insolvency team at Lawler Partners appointed voluntary administrators of the cruise line. Brad Tonks and John Vouris of the Business Recovery & Insolvency team at Lawler Partners were appointed following a resolution by the company and made the following announcement. The Administrators understand that CIC Australia’s management have been working with the owners of the cruise ship “Athena” to confirm its availability for the 2012 – 2013 voyages after recent reports that Athena was arrested at port and that it is currently unable to depart.
Technip, Wheatstone Project Processing Platform
Technip has been awarded, by Chevron Australia Pty Ltd, a front end engineering design (FEED) contract for the offshore processing platform associated with the Wheatstone Project in Australia. The upstream (offshore) portion of the project comprises development of gas fields in the WA-17-R and WA-253-P petroleum titles located on the Northwest Shelf offshore Western Australia at water depths of 70 to 200 meters. Subsea gas gathering systems will transport production to the processing platform where the gas and condensate will be respectively dehydrated…
New Dealers for Trac Ecological Marine
TRAC Ecological Products, manufacturer of environment-friendly products for onboard equipment cleaning and maintenance, has appointed 16 new U.S. and international dealers and distributors for its unique product line: Mathew’s Marine Air Conditioning, Fort Lauderdale, Fla.; Los Suenos Marine Supply and Landon Marine Group, Costa Rica; Super Marine and the Fahad Al-Sabih Marine and Desert Division, Kuwait; Kamraman Gulf Enterprises, Dhahran, Saudi Arabia; JS Gilbert Chandlery, Glascraft Marine Supplies…
Marine Contracting Goes ‘Down Under'
Marine Contracting has announced that it has opened its Australian office in Perth as it seeks to bring its industry leading engineering and offshore marine solutions to the Australian offshore market. Key services that Marine Contracting will provide to Australian operators (among others) include permanent mooring and riser installations, pre-lay mooring for drilling rigs, and rig moving services for jack-ups. Marine Contracting will also be opening a new yard to house its offshore equipment in Karratha.
Smit Lamnalco Acquires PB Towage
Royal Boskalis Westminster N.V. announced that Smit Lamnalco, a 50% owned associate, has substantially strengthened its position in Australia through the acquisition of PB Towage Australia (PB Towage). PB Towage is the second largest player in Australia with activities along the Eastern coast stretching from Melbourne to the Cape York Peninsula. Following this transaction, Smit Lamnalco will be active in 8 ports in Australia with a total of 29 vessels offering a combination of harbour towage, terminal and FPSO-related services.
North West Shelf to Process 3rd Party Gas
Woodside, as operator of the North West Shelf (NWS) Project, informed that the NWS Project participants today signed a non-binding Letter of Intent with Hess Exploration Australia Pty Ltd to process resources from Hess’ permits in the Carnarvon Basin. The Letter of Intent specifies the proposed terms, including tariff fees, to toll resources from WA-390-P, WA-474-P, and potentially other permits, through the NWS Project’s Karratha Gas Plant. It is intended that, subject to the parties entering into binding agreements…
Australian Tall Ship Rounds Cape Horn
The Royal Australian Navy operated Sail Training Ship Young Endeavour rounded Cape Horn on Australia Day, 36 days into a 12-month circumnavigation of the world. Chief of Navy Vice Admiral Tim Barrett AO, CSC, RAN congratulated the 36 seafarers on board the square-rigged tall ship, including 12 Royal Australian Navy crew and 24 alumni crew specially selected for the passage. Vice Admiral Barrett said the passage around the southernmost tip of South America remained one of the most challenging nautical routes on the planet, and was a significant achievement for the crew of Young Endeavour.
Australia Pacific LNG Reaches Curtis Island
Australia Pacific LNG today announced it had reached a significant milestone with the arrival of first gas from its coal seam gas fields in the Surat Basin to its liquefied natural gas (LNG) facility on Curtis Island, near Gladstone, Queensland. The arrival of the first gas into the LNG facility also marks the completion of commissioning of the 530km high pressure gas pipeline, another important milestone for the project. With the completion of the pipeline and the arrival of the gas, Australia Pacific LNG can initiate the commissioning of the power generation facilities on the island.
Fracking Inquiry Puts Aussie Energy at Risk
The South Australian Liberal Party risks damaging investor and public confidence in the natural gas industry by moving to establish a Parliamentary inquiry into hydraulic fracturing – an industry practice that has been used safely in the State for many decades. APPEA’s Chief Operating Officer Western Region, Stedman Ellis, said the inquiry proposed by the Member for Mt Gambier had little basis in science. Mr Ellis said the South Australian Parliament needed to be wary that it did not provide a megaphone for people who want to undermine the industry and the investment and jobs it provided.
NWS Approve Persephone Project
participants have approved the Persephone Project off the north-west coast of Australia. The Persephone Project is the third major gas development for the NWS Project in the past six years, demonstrating the joint venture’s commitment to maximising the value of Australia’s largest operating oil and gas project. The project will involve a two well, 7km subsea tieback from the Persephone field to the existing North Rankin Complex. The total investment for the project is expected to be approximately A$1.2 billion (Operator’s estimate; 100% cost), with project start-up expected in early 2018.