BPto pay most of the bill for gulf oil spill

Drilling contractor Transocean Ltd. “and possibly the service companies” were “responsible for the human errors or equipment failures” that may have triggered the Macondo blowout Apr.

BP has begun drilling the second relief well to intercept and isolate the wellbore of the leaking Macondo well in the Gulf of Mexico.

ProSep was awarded a contract to supply a 75,000 barrel per day (BPD) produced water treatment package for installation on an offshore facility in the South China Sea.

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Gas discovery in the Norwegian Sea.

Statoil has struck gas in an exploration well north of the Mikkel field in the Norwegian Sea. The discovery is being considered for development as a satellite to the Åsgard field.

The first of four Keppel AmFELS-built Rowan Drilling jackups has been delivered on time, within budget with zero incidents.

Indian semi-submerisble rig ‘Aban Pearly’ sank on May 13 in the Caribbean off Venezuela’s eastern coast.

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Mercator acquires Chinese built bulker

Indian-owned dry bulk shipping company Mercator Lines has taken delivery of a Chinese-built dry bulk carrier and renamed it ‘Gauri Prem’.

According to a transport ministry survey, the Egyptian port industry is in need of another 15 million TEU of capacity in the next two decades.

The Ministry of Land, Transport and Maritime Affairs (MLTM) of Korea has announced that it will be de-registering insolvent shipping companies.

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World’s first ‘Green Training’ Tugs

Robert Allan, Western Maritime Institute and Corvus Energy have announced that a contract for the design and construction of the world’s first “Green” Training Tugs will be signed at the International Tug & Salvage (ITS 2010) Conference, to be held in Vancouver this month.

Vienna-based construction company Strabag has said that construction of a port in Croatia will be completed in 2013.

US Defence Secretary Robert Gates has urged the US military to spend more realistically rather than rely on costly aircraft carriers and submarines.

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Celebration time in the maritime industry.

ClassNK is celebrating its 110th anniversary this year and is well being regarded as a highly reliable, trustworthy and impartial third party organization by marine transport, shipbuilding and other maritime related industries around the world.

Lloyd’s Register completes 250 years of service. Since 1760 Lloyd’s Register has worked to enhance the safety of life, property and the environment, at sea, on land and in the air, helping its clients to ensure safe, responsible and sustainable supply chains.

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COSCO Q1 2010 results reflect improved sector

China COSCO on April 30 announced its financial results for the first quarter of 2010.

The operating environment of the shipping sector has been improved benefiting from the continued recovery of the global economy.

DP World has recently held its Annual General Meeting for the year ended December 31, 2009. DP World delivered volume growth in the first quarter of 2010 over the same period in both 2009 and 2008.

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Tide Sjø takes delivery of ‘Tide Admiral’

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The new building is the yard’s hull number 529 and is scheduled to be deployed on the Flag route between Bergen and Stavanger.

In spite of the global financial downturn, there appears to be some room for innovation in the Italian shipbuilding industry.

Funded by the US Office of Naval Research Sea Warfare and Weapons Department, the vessel will be operated along the Cook Inlet by its owner, the Matanuska-Susitna Borough.

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China and India in coal exports competition

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In 2009, China and India accounted for 27 percent of the world’s total crude trade volume of 690 million tonnes, a stake which is set to rise.

The number of bulk carriers delivered worldwide reached 190 units in the first quarter of 2010, according to the Korea Shipowners’ Association.

Taiwanese shipbulder, the CSBC Corporation, has signed an agreement with Chinese Maritime Transport for the builder of two bulkers.

Jude    Maritime News     bulk carriers, China, Chinese Maritime Transport, Clarkson, CSBC Corporation, global recession, India, Korea Ship owners Association, Maritime News, maritime updates, shipbuilding, Taiwanese shipbulder, two bulkers. Cape size bulkers, world’s total crude trade volume

First of the two fireboats delivered for New York

The Eastern Shipbuilding Group delivered the first of two New York City Fireboats on April 24. The vessel departed the group’s facility on in Panama City for its voyage to New York. Three Forty Three’ is named in honour of the 343 firefighters who lost their lives at the World Trade Centre on September 11, 2001.

Colle Maritime Company, a joint venture between Signet Maritime Corporation and Colle Towing Company, has been awarded a 20-year contract to provide marine support services to Angola LNG Supply Services (ALSS) in the Port of Pascagoula, Mississippi, USA.

Netherlands-based Damen Shipyards delivered a Damen Stan Tug 4011 to Kompania di Tou Korsou (KTK) on April 2. Accepting the vessel on behalf of KTK was R.J. Lopez Ramirez, Managing Director CPA/CPT.

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