Offshore Shipping Online A publication for the offshore shipping industry published by Clarkons since 1999 en Mon, 30 Nov 2015 09:16:05 +0200 Mon, 30 Nov 2015 09:15:05 +0200 (OSO) World Wide Supply in default Mon, 30 Nov 2015 09:16:06 +0200 World Wide Supply, which reecntly lost contracts for some of its vessels in Brazil when they were blocked, has confirmed that the company is in default of some of its obligations under a bond agreement. The company said its  North America to feature heavily in FPS resurgence in 2016 Mon, 30 Nov 2015 09:13:01 +0200 With a mere four orders so far this year the Floating Production System (FPS) sector is suffering. However, Douglas-Westwood (DW) says things are anticipated to be better next year, with the US Gulf of Mexico in particular, having a surprisingly b Wärtsilä solutions ordered for the world’s largest crane vessel Mon, 30 Nov 2015 09:10:12 +0200 Heerema's new semi-submersible crane vessel (NSCV), which is being built at Sembcorp Marine, will have a range of Wärtsilä products, systems and solutions. The vessel is being built on behalf of Netherlands based H Havila Harmony joins search for MH370 Mon, 30 Nov 2015 09:06:02 +0200 Fugro is providing an additional vessel, Havila Harmony, to join the search for the missing flight MH370 in the southern Indian Ocean. From the 93m multirole vessel, Fugro will deploy the Echo Surveyor VII autonomous underwater vehicle (AUV).< Global Marine Systems wins contract for research observatory Mon, 30 Nov 2015 09:03:41 +0200 Global Marine Systems Limited in the UK has secured a contract from Ocean Networks Canada to upgrade the fibre optic cables serving the NEPTUNE observatory off the west coast of Canada. An initiative of the University of Victoria, Oce Advisory firm anticipates 'wave of company failures' next year Fri, 27 Nov 2015 08:59:53 +0200 A wave of company failures is “inevitable” in Britain’s oil and gas industry, with businesses supporting the wider energy sector the first to fail, according to advisory firm FRP. So said a report in The Telegraph newspaper.< Statoil likely to drill fewer wells in 2016 Fri, 27 Nov 2015 08:54:57 +0200 Statoil will probably drill fewer wells offshore Norway next year as exploration in the Barents Sea is put on hold for a second year after a plunge in oil prices. So said Bloomberg in an interview with Tim Dodson, Statoil's executive VP for explor Icebreaking supply ship for Femco to be named Fri, 27 Nov 2015 15:28:40 +0200 28 November 2015 will see Havyard Ship Technology conduct a naming ceremony for an icebreaker, Aleut, that is building for Femco, at Skoltekaien quay in Bergen. In November 2013, Havyard signed a contract for thee first of the three H Topaz benefits from vessel relocation Fri, 27 Nov 2015 15:24:11 +0200 Topaz Energy & Marine says it enjoyed a good first nine months of 2015, with excellent utilisation and revenues in the Caspian, and Middle East and North African region. René Kofod-Olsen, the company’s CEO, said: “Topaz per Prosafe and Jurong agree flexible delivery date for Safe Zephyrus Fri, 27 Nov 2015 15:19:40 +0200 Prosafe and Jurong Shipyard Pte Ltd in Singapore have agreed to a "flexible delivery date" for the semi-submersible accommodation unit Safe Zephyrus, in order to align with Prosafe’s contract portfolio. If Prosafe defer Enhanced fuel cell would be suitable for marine duty Fri, 27 Nov 2015 15:17:40 +0200 A new fuel cell being developed as part of a project led by VTT Technical Research Centre of Finland could produce a cell that is ideally suited to use on ships using liquefied natural gas (LNG) fuel. Fuel cells can be used to generate ele North Sea PSV rates edging upwards Fri, 27 Nov 2015 15:13:33 +0200 Rates for PSV continued to increase in the last week of November with the latest fixtures in the £10k - £12k range with vessel availability continuing to be tight. Broker Offshore Shipbrokers said only a couple of ancho Corvus Energy to introduce containerised ESS Thu, 26 Nov 2015 08:54:40 +0200 Corvus Energy says it plans to introduce a containerised lithium ion Energy Storage System (ESS). The company says it believes the containerised solution will offer increased flexibility and accelerate project schedules, especi GulfMark lays up Highland Endurance but PSV market tighter Thu, 26 Nov 2015 08:51:54 +0200 Broker Westshore says activity levels continue to be low in the North Sea, causing more vessels to be laid up, including GulfMark's Highland Endurance. "A handful of recent fixtures have come in at over £10,000," said the broker More job losses at SMD in the UK Thu, 26 Nov 2015 08:47:41 +0200 Chronicle Live newspaper in the UK reports that sanctions against Russia have triggered more redundancies at Tyneside, UK-based underwater vehicle manufacturer SMD. The Wallsend-based firm said between 70 to 80 jobs would be lost following the