The world’s FPSO fleet is getting older, with 55 FPSO units in the global fleet reaching the end of their design life in the next five years, with an additional five having life extension in place. With 19 more FPSOs currently being evaluated for life extension, safety issues and structural integrity concerns come to the fore? Matt Tremblay, ABS Vice President, Global Offshore
Mercy Ships is known globally for its charitable work performing medical procedures in developing countries. For the first time, the organization has a new ship, Global Mercy, recently delivered from a shipyard in China. Jim Paterson, Marine Executive Consultant, Mercy Ships takes Maritime Reporter & Engineering News inside the construction of the world’s largest civilian hospital ship.
Polarcus Limited, a seismic surveyor in liquidation, is set to be wound down and delisted from the Oslo Stock Exchange.As previously reported, in January this year, lenders took control of the company's vessels after a debt payment default, and decided to sell them and let go all the employees.
Surveyors from the UK Maritime and Coastguard Agency are to carry out unannounced inspections of fishing vessels across the UK with the aim of increasing safety in the industry after a growing number of fatalities."The inspections are being carried out as part of ongoing work around fishing vessel safety in an industry-recognized to be one of the dangers in the world," the MCA said.
The National Transportation Safety Board (NTSB) on Tuesday published a preliminary report as part of its ongoing investigation into the fatal capsizing of the liftboat Seacor Power last month near Port Fourchon, La.There were 19 people on board when the U.S.-flagged Seacor Power overturned in extreme weather conditions in the Gulf of Mexico.
Bergen Tankers’ newly converted liquefied natural gas (LNG) bunkering vessel—Norway's first—has recently entered service.The 49.25-meter vessel, Bergen LNG, is being operated by Gasnor (Shell) in the Bergen area and on the Norwegian west coast to supply the LNG-fueled passenger ships operated by Hurtigruten and Kystruten.
Norway-based marine seismic surveyor PGS said Thursday it was experiencing an increase in seismic acquisition project activity, and that it would reactivate some previously stacked vessels."Based on project awards so far, PGS has started preparations to activate Ramform Vanguard for the summer season, with the acquisition expected to commence in April," PGS said.
Lenders of the troubled marine seismic contractor Polarcus, which last week took control of the company's vessels after a debt payment default, will sell Polarcus' vessels and all the employees will be let go.Banks last week tool control of Polarcus' subsidiaries that own seismic vessels, with the subsidiaries in question being Polarcus Asima AS, Polarcus Alima AS, Polarcus Amani AS
Lenders took control of Polarcus' ships on Tuesday after the seismic surveyor defaulted on its bank loans and bonds, hit by a drop in spending by energy companies struggling with the COVID-19 pandemic and volatile oil prices.The company's Oslo-listed shares plunged as much as 47% after they resumed trading following an earlier suspension.
Effective July 1, 2021, Carlos Maenhout is retiring from his position as Founder and Managing Director of BMT Belgium, the company that he and his wife founded in 1991, a company subsequently sold to the BMT Group in 2005.Carlos Maenhout qualified with a Master of Science in Naval Architecture and Marine Engineering from the University of Ghent
Oslo-listed seismic surveyor Polarcus has defaulted on its bank loans and bonds, it said on Tuesday, sending the company's shares plunging more than 30%.Polarcus and other seismic surveyors have been hit by weak demand as oil companies slash spending on geological data amid the coronavirus pandemic and last year's crash in the price of crude.
An unmanned vessel is now surveying more than 3,500 nautical miles of the Western Galveston Bay, near the Houston Ship Channel.DEA Marine Services, a division of David Evans and Associates, Inc. (DEA), in Vancouver, Wash., equipped its survey boat Sigsbee with a Sea Machines Robotics SM300 autonomous-command and remote-helm control system to fulfill a National Oceanic and Atmospheric