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"Maritime Market" - 2014

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August 28, 2014

"Rosneft" completely restored the system of meteorological observations in the Kara Sea

As part of a large-scale summer Arctic research expedition "Kara-Summer - 2014" a meteorological station was installed that meets the latest modern requirements for such equipment, on the island of Uedinenie.
Thus, the expedition organized by the "Arctic Research and Development Center" has completed the restoration of the system of meteorological observations in the Kara Sea, where previously as commissioned by the Company three more stations were installed.
This will allow supplying the region with a full-fledged complex of meteorological monitoring. Also, preventive maintenance of all previously installed meteorological stations on the archipelago Novaya Zemlya was carried out.

LUKOIL launches new ecological marine fuel

Oil Company LUKOIL has developed a new grade of marine fuel for application in ecological zones subject to restrictions on negative emissions from seagoing vessels.
This fuel will meet new requirements on sulfur content which come into effect from January 2015 (maximum 0.1%).

INMEX And SMM India On The Crest Of A Wave

Taking advantage of the expected growth the Indian maritime industry is set to witness over the next six years, Informa Exhibitions, organisers of INMEX India, has entered in to a strategic collaboration with Hamburg Messe und Congress GmbH, organisers of SMM India, to form South Asia’s largest and most important maritime exhibition and conference.
The unified edition of INMEX SMM India will take place on 23 - 25 September 2015, at the Bombay Exhibition Centre, providing the maritime sector with the best of both events using synergies on one integrated platform.
Features for the inaugural edition of the show include a conference, which is set to address present and future trends within the maritime sector, an international B2B Buyers Programme and a dedicated Product Demonstration Area, providing exhibitors a platform to showcase the latest enhancements in maritime technology.

Danser upgrade Rivership with LankoForce Coupling Lines

Leading maritime ropes producer and supplier, Lankhorst Ropes has supplied container transport company Danser Group with LankoForce ropes, covered by a protective Dyneema jacket, to connect the push-pull barges, Eiger and Nordwand.

August 27, 2014

Gazprom and Sovcomflot expand cooperation in LNG transportation

Aug. 26, 2014 - Today Gazprom and Sovcomflot named the new state-of-the-art 170,000m³ liquefied natural gas carrier (LNGC) Pskov, after one of the oldest Russian cities. The ship will be chartered to Gazprom Global LNG (GGLNG) under a long-term contract.
LNGC Pskov is the second vessel in a series of high-specification, ice class Atlanticmax LNG carriers that have been specially designed in accordance with Gazprom’s requirements, and will support Gazprom’s global commercial operations in the gas markets.

RS Class: Pskov gas carrier construction nears completion

On 26 August 2014, the naming ceremony for the Pskov high-tech liquefied natural gas (LNG) carrier was held at the South Korean shipyard STX Offshore & Shipbuilding.
Pskov is the second vessel in a series of state-of-the-art ice class Atlanticmax gas carriers with membrane cargo tanks and a total capacity of 170,000 cubic meters. The series is being built under the RS survey. RS class notation: KM ✪ Ice2 AUT1 OMBO EPP ANTI-ICE LI CCO ECO-S WINTERIZATION(-30) gas carrier type 2G (methane).

Rowan Takes Delivery of Second Drillship Built Using ISQM

Aug. 26, 2014 - ABS, the leading provider of classification services to the global offshore industry, continues to improve construction and integration timeliness with the completion of the Rowan Resolute ultra deepwater drillship.
This newbuild, the second in a series for global offshore drilling contractor Rowan Companies, was built in the Hyundai Heavy Industries (HHI) yard in Ulsan, South Korea. It joins sister ship Rowan Renaissance as the next high-specification drillship to earn ABS’ Integrated Software Quality Management (ISQM) notation.

Alfa Laval wins SEK 240 million offshore pumping systems order in South Korea

Alfa Laval - a world leader in heat transfer, centrifugal separation and fluid handling – has won an order to supply Framo pumping systems to Samsung Heavy Industries in South Korea. The order, booked in the Marine & Offshore Pumping Systems segment, has a value of approximately SEK 240 million and delivery is scheduled for 2015.
The order is comprised of offshore pumping systems for an FPSO (Floating Production Storage and Offloading vessel). The vessel is commissioned by Total S.A. and will be built by Samsung. Once completed, the vessel will be anchored outside the Nigerian coast.

Evac invests in advanced wastewater treatment technology - acquires the CleanSea MBBR for maritime applications

Evac Oy has acquired the CleanSea Marine business from Headworks Bio Inc.. Headworks Bio is a fore runner in the field of land based municipal and industrial wastewater treatment as well as in marine wastewater treatment applications.
Through this acquisition Evac gains a competitive edge regarding advanced wastewater treatment business and technology within the maritime segment worldwide. Business and license agreements were signed for the CleanSea MBBR technology.

MacGregor conversion expertise secures new order from Stena

MacGregor, part of Cargotec, has received a contract from Stena North Sea Ltd to convert the 29,800gt RoPax ferry Dieppe Seaways to optimise it for its new route between Dublin and Holyhead in Ireland. The order further strengthens MacGregor's position as the first choice supplier for RoRo conversions and was booked into the second quarter 2014 order intake.

August 26, 2014

Offshore Wind Services officially names new Damen FCS 2008 Offshore Waddenzee

Offshore Wind Services’ (OWS) latest Damen vessel – the Fast Crew Supplier 2008 ‘Offshore Waddenzee’ - was officially named at Damen Oranjewerf Amsterdam, on August 22.
The FCS 2008 is the second vessel the Dutch company, which is a specialist in the provision of crew transfer vessels to the offshore wind industry, has ordered this year. In January, OWS became the first company to order the next generation Damen Twin Axe Fast Crew Supplier 2610. This vessel is being built in Singapore for delivery later this year.

Wärtsilä launches new technical solution for fuel gas handling

With LNG becoming increasingly viable and popular as a marine fuel, Wärtsilä continues to develop technical solutions that facilitate this trend. The latest Wärtsilä developments in this field involve an upgraded version of the Wärtsilä LNGPac, a fully integrated fuel gas handling system, and improvements to the coveted Wärtsilä Gas Valve Unit (GVU).

ABS Opens Beijing Office

Office expands best-in-class service for the Chinese market
ABS, a leading global provider of classification services to the marine and offshore industries, announces the opening of a new office in Beijing. This move shows ABS’ determination in expanding best-in-class service for the Chinese market. This new office will allow further collaboration with industry, academic institutions and research organizations and is part of ABS’ continued commitment to serving the growing marine and offshore industries in China.

ULSTEIN X-STERN™ - Created by the North Sea

Ulstein Group introduces the X-STERN™, a design feature increasing operability through positive effects on station keeping, wave response, comfort and safety in harsh conditions.
An X-STERN™ vessel can stay on position in harsh weather with the stern towards waves, wind and current. For vessels where the best possible motion characteristics are vital, positioning the X-STERN™ towards the weather instead of the bow will be the Captain’s natural choice.

Otto Marine Clinches AUD57 Million Worth Of Charter Contracts In Australia For Two Of Its Large Deep Water AHTS Vessels

Aug. 26, 2014 - Otto Marine Limited, a leading offshore marine company which owns and operates a large fleet of offshore support vessels, shipyard and offers specialized offshore services, is pleased to announce that the Group has secured time charter contracts with two Oil Majors for its Deep Water Anchor Handlers, GO Sirius and GO Spica, worth AUD57 million.
Employed in drilling and pre-lay support, the 16,300 BHP DP2 AHTS vessel GO Spica with the 210 tonnes Bollard Pull, will be mobilized to Australia for a long term charter off the North West coast of Australia in August 2014. This vessel will be operated by the Group’s wholly-owned subsidiary, GO Marine Group.

Industry news
August 28, 2014

Annual gas supply to Europe via TANAP to increase to $ 31 bln cbm by 2026, Fitch says

Europe is unlikely to be able to reduce its reliance on Russian natural gas for at least the next decade and potentially much longer, Fitch Ratings says Aug. 26. At best the European Union may be able to avoid significantly increasing its gas purchases from Russia.
"Any attempt to improve energy security by reducing European reliance on Russia would require either a significant reduction in overall gas demand or a big increase in alternative sources of supply, but neither of these appears likely," Fitch said.
The recovering European economy will push up energy consumption in the coming years, helping offset energy efficiency measures, while environmental concerns will limit any further switch to electricity generation from other hydrocarbons or nuclear power.

Interview: Switch to Gas Needs Speeding Up

Maritime transport is moving towards the use of gas as a prime source of energy for propulsion and power generation on board ships.
The Society for Gas as a Marine Fuel (SGMF) is a non-governmental organisation established to promote safety and industry best practice in the use of gas as a marine fuel.
SGMF’s General Manager Mark Bell agreed to share his insights regarding the current position of gas as a marine fuel, as well as to offer future projections on what seems as the most logical step shippers can take to cut fuel costs and reduce emissions.

Northern Sea Route opens to commercial traffic

Tokyo: The Global Ice Center at Weathernews Inc has announced that the Northern Sea Route (NSR) bordering Russia is now open to commercial shipping traffic as of August 21. This is two weeks earlier than last season when lower than average temperatures resulted in slow pace of melting in the Arctic Ocean. Last summer, the northeastern passage opened at the beginning of September.
Chinese shipping companies continue to eye the Arctic as a new, quicker route to Europe with a number of Chinese transits expected soon.

Russia’s Gazprom Neft to Sell Oil for Rubles, Yuan

The Russian oil company Gazprom Neft has agreed to export 80,000 tons of oil from Novoportovskoye field in the Arctic; it will accept payment in rubles, and will also deliver oil via the Eastern Siberia-Pacific Ocean pipeline (ESPO), accepting payment in Chinese yuan for the transfers, the Russian business daily Kommersant reported Wednesday (Aug. 27).
The Russian government and several of the country’s largest exporters have widely discussed the possibility of accepting payments in rubles for oil exports.

Gazprom steps up in Barents- and Kara Seas

STAVANGER: Ambitious Arctic offshore exploration plan will need 80 rigs, platforms, tankers, supply vessels and crew boats.
Despite sanctions, Russian oil and gas companies are more active than ever in establishing contacts at the huge oil exhibition ONS in Stavanger this week.
Speaking to delegates at ONS, Gazprom’s deputy chairman in the management committee, Valery Golubev, invited Norwegian industry team up for technological solutions to tackle harsh Arctic climate.

Sweden to set up further LNG bunkering facility

The Swedish Government has granted permission for Norwegian LNG firm Skangass to construct a new LNG terminal in the harbour at Gävle on Sweden's east coast.
Due to begin construction in 2015, the terminal will have storage for 30,000 cu m of LNG, and has permission to handle up to 500,000 tonnes of LNG every year.

Nosedive in Gas Prices Could Cost Gazprom $4 Billion

The Economic Development Ministry estimates that gas export prices will fall by more than 25 percent over the next three years, while trade volumes will stay on the same level, dealing a potential blow to the revenues of Russian gas giant Gazprom.
According to the ministry's latest forecasts, the average price for gas exports will drop to $349 per 1,000 cubic meters by the end of 2014, before plummeting to $302 per 1,000 cubic meters by 2017.

Crewing - work at sea
August 27, 2014

Samsung C&T Corp wins EPC contract to expand Singapore LNG Terminal

Samsung C&T Corporation has won the engineering, procurement and construction (EPC) contract from Singapore LNG Corporation (SLNG) for the phase 3 expansion of the Singapore LNG Terminal.
The EPC contract is valued at around SGD700m ($560.6m), and involves further expanding the terminal to include a fourth LNG storage tank and additional regasification facilities to bring the terminal’s send-out capacity from the current 6 million tonnes per annum (mtpa) to around 11 mtpa.
At 260,000 cu m, the new fourth LNG storage tank will be the largest in the world and able to receive a full cargo load from a Q-Max carrier, according to SLNG.
Construction of phase 3 is slated to start by end-2014, and regasification facilities are expected to be completed by 2017 while the fourth tank is scheduled to be completed by 2018.

Rosneft poised for Arctic LNG stake

RUSSIAN state-owned energy giant Rosneft is poised to take control of a new Arctic Circle LNG project planned for an area of northern Russia fronting the Barents Sea.
The $4 billion development, known as Pechora LNG, is projected to produce 2.6 million tonnes a year of LNG by 2018, with output potentially growing to as much as 10 mtpa in the following decade.

Sanctions could jeopardize security on Russian Arctic platform

The Prirazlomnaya platform is packed with Norwegian technology and is likely to soon feel the consequences of the western export ban on oil and gas equipment.

Aramco plans to invest $40bn yearly for next decade

Poland to invest $1.6 billion in shale gas exploration by 2016

August 25, 2014

Brazilian shipyards: industry in crisis or growing pains?

Demand for vessels in the Brazilian offshore oil and gas industry is booming.  State-controlled oil company, Petrobras, needs 70 new floating production platforms by 2030 to develop its huge pre-salt oil reserves; not to mention the drillships, shuttle tankers, installation vessels and other support vessels that will be required to support this massive undertaking. 
Petrobras’ latest business plan anticipates placing orders of US$ 100 billion with Brazilian shipyards by 2020.  Surely then, Brazil’s shipbuilding industry must be entering another golden era?

CSSC eyes China’s first self-built cruiseship

Shanghai: China State Shipbuilding Corporation (CSSC), one of the two major state-owned shipbuilding conglomerates, is planning to develop China’s first self-built cruiseship.
Hu Wenming, president of CSSC, is confident about developing China’s first luxury cruiseship, and said the company has been gaining experience in the design, construction and management of cruiseships.

Kuwait signs biggest crude supply deal with China

State-run Kuwait Petroleum Corporation (KPC) and China's UNIPEC signed a landmark deal on Friday (Aug. 22) that will almost double crude oil deliveries over a decade, the biggest-ever contract in KPC's history. Under the agreement, KPC will provide Unipec crude oil, starting from 2014, with the volume exepeted to reach 300,000 barrels per day (bpd).

Coming Events
September, 2014

DNV GL Software - 2014

Sept. 3-5, 2014 • Oslo, Norway


Sept. 9-12, 2014 • Hamburg, Germany

October, 2014


Oct. 1-3, 2014 • Saint-Petersburg, Russia

Offshore Marintec Russia

Oct. 7-10, 2014 • Saint-Petersburg, Russia

Arctic Shipping North America Forum

Oct. 20-21, 2014 • St John’s, Newfoundland and Labrador, Canada

November, 2014

Shipping & Maritime Expo 2014

Nov. 12-14, 2014 • Mumbai, India

TransAsia 2014

Nov. 18-20, 2014 • Singapore

December, 2014

Saudi Transtec

Dec. 8-10, 2014 • Dammam, Kingdom of Saudi Arabia


Dec. 10-12, 2014 • Guangzhou, China

March, 2015

INMEX Vietnam

March 18-20, 2015 •  Ho Chi Minh City, Vietnam

April, 2015


April 21-24, 2015 • Moscow, Russia

May, 2015

Marine Industry of Russia

May 19-21, 2015 • Moscow, Russia

July, 2015

International Maritime Defense Show (IMDS 2015)

July 1-5, 2015 • Saint-Petersburg, Russia

September, 2015

RAO/CIS Offshore 2015

Sept. 15-18, 2015 • Saint-Petersburg, Russia

NEVA 2015

Sept. 22-25, 2015 • Saint-Petersburg, Russia


Sept. 23-25, 2015 • Mumbai, India

[Complete List]

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