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Tuesday, September 29, 2020

Marine Services News

Johan Sperling (Photo: Tidewater Transportation and Terminals)

Tidewater Hires Sperling as COO

Vancouver, Wash. based Tidewater Transportation and Terminals announced Friday it has hired Johan Sperling as its new Vice President and Chief Operating Officer.Sperling will have direct oversight and responsibility for the maintenance and engineering department, vessel operations, dispatch and terminal operations. Additionally, he will work closely with Tidewater Environmental Services and Tidewater’s Canadian entity, Island Tug and Barge, to support their efforts for safe and reliable operations.

(Photo: Bureau Veritas)

BV Opens Remote Survey Center in Singapore

Bureau Veritas (BV) has opened a new remote survey center in Singapore, with more new locations to follow, as the testing, inspection and certification (TIC) services provider continues its digital transformation and push to prove remote class services amid travel restrictions in place due to the coronavirus pandemic. The newest site joins existing BV remote survey centers in Rotterdam, Piraeus, Istanbul and Dubai.Classification societies and other marine services providers have long striven to increase remote services in an effort to boost efficiencies and reduce costs.

(Photo: Ørsted)

New Report Outlines Big Potential for Offshore Wind

Offshore wind currently represents just a small piece of the world’s energy supply. But that’s changing faster than ever before as new and existing players look to tap the huge resource potential—and market opportunities—being unlocked by shrinking costs and technological advances, as outlined in a recent comprehensive market report.In the coming two decades, the rapidly maturing offshore wind market is expected to become a trillion-dollar business as the pace of installed capacity growth accelerates…

Arthur Mead (Photo: AWO)

AWO Elects Crowley's Mead as Chairman

Arthur F. Mead, Vice President and Chief Counsel at Crowley Maritime Corporation, has been elected Chairman of the American Waterways Operators (AWO), succeeding outgoing Chairman Scott Merritt, former Chief Operating Officer with Foss Maritime Company, LLC.Members of the national tugboat, towboat and barge industry association elected a new slate of leaders this week during the association's Spring Board of Directors / Annual Membership Meeting, which was held virtually due to COVID-19 precautionary measures that resulted in the meeting not taking place in Washington…

Petter Traaholt (Photo: V.Group)

V.Group Names Traaholt CFO

Ship management and marine services company V.Group announced it has appointed Petter Traaholt as Chief Financial Officer and a member of the V.Group Board.Traaholt joined V.Group from Eltel Group where he was Group CFO, based in Stockholm. Prior to joining Eltel in 2017, he held a number of senior operations and finance roles in Wilhelmsen Holding ASA; initially combining roles as CFO and Deputy CEO of Wilhelmsen Maritime Service, then in 2010 becoming President of Wilhelmsen Technical Solutions.

Svitzer operating in Sakhalin, Russia. Image Courtesy Svitzer.

Svitzer Gets 10-Year Contract Extension with Sakhalin Energy Investment

Svitzer, the towage operator that is part of Maersk, announced a 10-year extension of its marine service contract with Sakhalin Energy Investment Company Ltd., a consortium set up to develop and manage the Sakhalin-II project, aimed at producing and exporting oil and liquefied gas.Svitzer has been providing towage services to the Sakhalin-II project since 2007, and the extension comes into effect in November 2022 to support the mooring of more than 1,800 gas carriers with a vessel fleet of four Robert Allen ice-breaking tugs and two mooring boats.

The signing ceremony took place in Tilbury Docks, UK on February 26. Representing Damen was Area Director Frank de Lange, while Forth Ports was represented by COO Stuart Wallace. (Photo: Damen)

Forth Ports Orders Harbor Tug

Damen Shipyards Group has signed a contract with Forth Ports Limited for an ASD Tug 2312. The new vessel will operate as part of the Forth Estuary Towage operation, conducting towage work at various Forth Ports locations as well as providing towage services to other external customers in Scotland.Forth Ports has a range of existing operations in the Forth and Tay Estuaries that will benefit from the acquisition of this new vessel, however, the new vessel will also provide opportunities to service new emerging markets such as decommissioning and offshore wind.

imon R. James (Photo: James Fisher Marine Services)

James Fisher Appoints Subsea Ops Director

James Fisher Marine Services appointed Simon R. James as its new Subsea Operations Director effective February 2020.James joins with more than 25 years’ of experience in the marine, offshore and subsea service sectors, having held director-level roles at DeepOcean, Fugro and Iremis.In his career to date, Simon has worked with large and prestigious companies, both in the UK and abroad. Most recently, he held the position of Director of Operations at EM&I Group where he improved effectiveness and drove efficiency across operations in the Americas, Africa, Canada and Southeast Asia.

Image: PSA Marine

PSA Marine Buys Peruvian Towage Co

Singapore towage and pilotage company PSA Marine has moved into the South American market with the acquisition of Tramarsa Flota, a Peruvian towage company.Tramarsa Flota and its subsidiaries have been acquired from Grupo Romero. Headquartered in Lima, Tramarsa Flota offers towage, pilotage, launch boat and offshore services in 10 major ports along the Peruvian coastline. It owns 45 vessels, including 17 tugs, 23 launches and five support vessels for diving activities and other marine services.The stock purchase agreement was signed in Lima…

Sultan Ahmed Bin Sulayem. Photo: DP World

DP World Acquires Ukraine's TIS Terminal

Marine cargo handling company DP World has agreed to acquire a majority 51% stake in TIS Container Terminal in the Port of Yuzhny, Ukraine, subject to the satisfaction of certain conditions, including regulatory approval."Bringing the TIS Container Terminal into DP World's global network of ports, economic zones, warehousing, and inland logistics solutions will strengthen its position as the market-leading terminal of Ukraine," said a press release from the global supply chain…

Ian Douglas, Chief Executive Officer. Photo: Global Marine Group

JFLCO Acquires Global Marine Group

British-headquartered specialist provider of submarine cables Global Marine Group (GMG) has been acquired by an investment affiliate of private equity firm J.F.

Arjen Van Dijk (Photo: Svitzer)

Svitzer Appoints Americas MD

Maersk's towage operator arm Svitzer announced on Thursday it has appointed Arjen Van Dijk as its new Regional Managing Director (MD) for the Americas region, effective February 1, 2020.Van Dijk is taking over from Marc Niederer, who has decided to step down due to personal reasons and is currently considering various options for his future role, the company said.Van Dijk joined Svitzer in July 2019 as regional CCO and is now advancing to Regional MD. With more than 15 years in global shipping and transportation…

(Photo: Crowley)

Crowley Realigns Its Marine Services Group

US-based Crowley Maritime Corp. announced on Wednesday that it has realigned its marine services organization and introduced new leadership.In a move that aims to provide better support to customers, Crowley Marine Services, part of the company’s shipping arm, will now be comprised of three distinct, yet interrelated business segments: offshore services, ship assist and tanker escort and engineering services – those provided by Crowley and subsidiary Jensen Maritime Consultants.Jeff Andreini…

File image of a Bourbon offshore support vessel underway. CREDIT: Bourbon

Bourbon Assets Taken Over by Creditor Banks

French marine services group Bourbon Corporation, which has been in a court restructuring process after its business was hit by volatile energy markets, said its assets would be taken over by its creditor banks.Bourbon said the Marseille commercial court had ruled that Bourbon's assets would be transferred to Société Phocéenne de Participations (SPP) from Jan. 2, 2020.SPP is owned by BNP Paribas, Caisse Régionale de Crédit Agricole Mutuel Alpes Provence, Caisse Régionale de Crédit Agricole Mutuel de Paris et d'Ile de France…

Ben Sharples was tapped as the new director of Malin Marine. Photo: Malin

Malin Group Expands

Marine services company Malin Group has diversified its leadership team. Ben Sharples joins as Director of Malin Marine, following a successful stint at JFD (James Fisher). Alan Hunter joins as Malin’s new Business Development Manager, an oil and gas veteran with more than 30 years’ experience. In addition Malin appointed Stephanie Collins as Business Unit Manager of its ship mobilization arm Malin React. Malin’s specialist welding division – John Tracey Specialist Welding (JTSW)…

Ed Grimm, (second from left) CEO, Southern Towing Company during a crew visit.

Interview: Ed Grimm, CEO, Southern Towing Company

“In God we trust. All others must have data.”When Ed Grimm took the helm of Southern Towing Company (STC)as President and CEO, he inherited an enviable team of leaders, engineers, mentors, communicators and analysts. Today STC is a clear leader on the inland waterways, pioneering and proving the business and safety value of Z-Drives on the river towboats.How did you come to the top spot at Southern Towing Company?I started in the energy industry at 16 working at an oil storage depot in New York Harbor, working there through high school and putting myself through college.

Photo: Maritime and Port Authority of Singapore

Singapore Launches digitalPORT@SG

Singapore Deputy Prime Minister and Minister for Finance, Heng Swee Keat, DPM Heng announced the launch of the Maritime and Port Authority of Singapore’s (MPA) ‘digitalPORT@SG’, a digital Portal for One-stop Regulatory Transactions, which is Singapore’s maritime single window system that will serve as a one-stop portal for maritime regulatory and port services transactions.It will be developed in two phases: Phase 1 – users can obtain approval for all arriving and departing ships from three public agencies – MPA…

Image: POSH Terasea

POSH Terasea Liquidated After Default

PACC Offshore Services Holdings (POSH), an Asian operator of offshore support vessels, with a diversified fleet servicing offshore oil and gas E&P activities,  said its joint venture, POSH Terasea (PTPL) would be voluntarily liquidated by creditors after it defaulted on a facility with an outstanding amount of around US$27.6 million.POSH said the maximum potential financial impact arising from the liquidation will be up to $42m and no material impact to its operating cash flow is expected.PTPL is 50 percent-owned by POSH and 50 percent-owned by Terasea…

© currahee_shutter / Adobe Stock

Aurelius Backs Ardent Buyout

Alternative direct lender AURELIUS Finance Company has provided financing to support the buy-out of emergency management and offshore decommissioning company Ardent from co-owners Svitzer, a global towage operator, and Crowley Holdings, a holding company of international marine and logistics services provider Crowley Maritime Corporation.The deal will see Ardent’s senior management team acquire a shareholding in the company. The financial terms of the deal have not been disclosed…

Gulf Marine Services Signs Banks Waiver

Offshore contractor Gulf Marine Services has signed a waiver agreement with banks relating to covenants to be tested with reference to the company’s half-year financial results in an agreement that will provide GMS with a rollover of its existing $25 million working capital facility. The agreement will also provide access to bonding facilities that will underpin liquidity and support the growth of its business.The company now has until this Monday, September 30, to complete the…

Helen Samuels  (Photo: Bibby Marine Ltd)

Bibby Marine Appoints Samuels as CEO

Leading marine asset company Bibby Marine Ltd has appointed Helen Samuels as Chief Executive Officer to lead the company into its next phase of development.Helen Samuels will join the Group in January 2020 from Network Rail, where she currently holds the position of Engineering Director for their $6.4bn pa national capital program. Prior to this Samuels worked as Engineering Director for United Utilities, and also held a series of senior positions at Halcrow/CH2MHill (now Jacobs) including Operations Director…

Pic: ENI

Boskalis Unit Scores Mozambique FLNG Gig

Dutch dredging company Royal Boskalis Westminster announced that its 50%-owned associate company Smit Lamnalco is contracted by Coral FLNG to provide marine services to the first Mozambique floating liquefied natural gas (FLNG) terminal.The 10-year contract with additional extension options marks the first terminal services contract award for the Mozambique offshore LNG developments.The contract value for Smit Lamnalco amounts to approximately USD 200 million and services will…

New Resolve Partners Chauncey Naylor (director of the Resolve  Academy), Stacy Payne (Resolve) and Glyn Day and Neil Cooper both with Fire Ranger.
The Large Fire Extinguisher is called Big Red. (Image: Resolve Marine)

Fire Ranger, Resolve Team Up on Fire Safety Training

Fire Ranger and Resolve Maritime Academy Announce Partnership Aligning Live-Action Training with State-of-the-Art Fire Safety Equipment and Services.September 2019, Fort Lauderdale FL, Fire Ranger, a leading supplier of fire safety equipment and services announce their alliance partnership with Resolve Maritime Academy to incorporate modern, state-of-the-art fire safety equipment and services as part of Resolve’s academy certification programs. The partnership is a “Win Win” for academy students who will earn United States Coast Guard (USCG)…

A bourbon offshore support vessel underway (File image: CREDIT Bourbon)

Bourbon Receives Takeover Offer

French marine services group Bourbon Corporation, which has been in a court restructuring process after its business was impacted by volatile energy markets, said it had received a takeover offer for its assets."As part of the reorganization proceedings opened since August 7, 2019 by the Marseilles Commercial Court to the benefit of Bourbon Corporation and its affiliate Bourbon Maritime, Court Administrators have received a takeover offer," Bourbon said in a statement on Wednesday."This offer - made by a company owned by a group of French banks - concerns assets and activities of Bourbon Corpo

Photo courtesy: Cleancor Energy Solutions LLC.

Cleancor's LNG Supply Push Via Mississipi River

Cleancor Energy Solutions, a unit of the the marine services company SEACOR Holdings, launched a joint initiative with the logistics and barge transportation company SCF Marine to increase the use and supply of LNG and CNG natural gas throughout the Mississippi River system.SCF’s in-depth knowledge of the U.S. Inland Waterways and its strategically located ports, terminals, barge fleets, and existing customer relationships provide Cleancor with a robust platform from which to deploy modern and mobile LNG and CNG equipment.

File image of a typical DP World terminal operation. CREDIT: DP World

DP World’s Topaz, P&O Merger Complete by Year-end

Port operator DP World's planned merger of its P&O Maritime and recently acquired Topaz Energy and Marine businesses is expected to be completed by the end of the year, Topaz CEO Rene Kofod-Olsen said on Monday.DP World bought Dubai-based oil services company Topaz in July with the intention of combining it with P&O Maritime as part of efforts to diversify beyond its core port operations to other marine-related sectors.The merged entity, to be known simply as P&O, will give Topaz…