Archive for the ‘Energy’ Category

Energy Underwriting: the value of process safety leading indicators

Energy Underwriting: the value of process safety leading indicators
Steven Braithwaite. Energy Underwriting: the value of process safety leading indicators By Steven Braithwaite* Major loss events are a serious and growing concern within the energy industry. Incidents such as Macondo (the explosion and fire in April 2010 on the Deepwater Horizon semi-submersible) and...
July 20th, 2017 | Energy, Environment, Insurance and Reinsurance, News, Oil Platforms and Rigs, Pollution | Read More

Be cautious with the BDI and Geopolitics

Be cautious with the BDI and Geopolitics
John Faraclas The BDI (Baltic Dry Index) “raises” hopes given its 20 plus points rise, but be cautious as things are not that promising and in any case we are far apart the December 2013 level of 2,277 points – 1,345 points down! Geopolitics are not just an enigma, they are a harsh reality and...
July 18th, 2017 | Bribery and Corruption, Chartering, Dry Bulkcarriers, Energy, Environment, Immigration, Maritime Fraud, Markets, Safety and Security, Ship Finance, Shipfinance, Shipping Indices | Read More

FUGRO to install new undersea power cable in South Australia

FUGRO to install new undersea power cable in South Australia
Fugro will design, supply and install a new subsea power cable for SA Power Networks in Australia. The cable connects Kangaroo Island to the distribution network on the Fleurieu Peninsula, south of Adelaide. Fugro has been awarded a contract to install a subsea power cable for South Australia’s distribution...
July 17th, 2017 | Construction, Energy, Underwater Shipping | Read More

SeaRenergy to provide QHSE management & support for the HVAC…

SeaRenergy to provide QHSE management & support for the HVAC…
SeaRenergy to provide QHSE management & support for the HVAC export cable connection between BorWin Gamma platform and “Hohe See” windfarm SeaRenergy has been awarded by the EPIC contract holder & Chinese power cable manufacturer ZTT to provide QHSE services. The scope for QHSE management...
July 12th, 2017 | Alternative Sources of Energy, Energy | Read More

Dry Market gains ten points; so what!

Dry Market gains ten points; so what!
John Faraclas The BDI (Baltic Dry Index) gained hooray hooray ten points earlier on today and now reads 830; the Geopolitics continue to be in a mess; John Faraclas’ daily market briefing: Yesterday we hinted that we might see the market going for an upwards mode and it did happened… The Capers lead...
July 11th, 2017 | Bribery and Corruption, Communication, Corruption, Dry Bulkcarriers, Energy, Environment, Markets, Military, News, Oil Industry, Religion, Reports, Safety and Security, Sanctions, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Falling BDI, turbulent Geopolitics leads to Armageddon

Falling BDI, turbulent Geopolitics leads to Armageddon
John Faraclas The BDI (Baltic Dry Index) fell two points and now reads 820; the entire Geopolitical spectrum leads with mathematical accurancy to a modern and ultra-destructive Armageddon. John Faraclas’ daily report: With minimal and controlled losses the BDI now reads 820 points – a crucial point...
July 10th, 2017 | Associations, Breaking News, Bribery and Corruption, Chartering, Containers, Dry Bulkcarriers, Energy, Environment, European Union, Gas, Immigration, Markets, Military, News, Oil Industry, Organisations, Religion, Safety and Security, Sanctions, Shipfinance, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

GEODIS manages out-of-gauge refinery module the multimodal way for kinetics technology

GEODIS manages out-of-gauge refinery module the multimodal way for kinetics technology
.. The Industrial Projects activity of GEODIS is managing out-of-gauge shipments for a major oil & gas project for the international process engineering contractor Kinetics Technology (KT), part of the Maire Tecnimont Group. This oil and gas sector project involves shipments of oversize columns from...
July 10th, 2017 | Energy, Logistics, Markets, Oil Industry | Read More

Market study reveals huge potential for LNG as a marine fuel in the Iberian Peninsula

Market study reveals huge potential for LNG as a marine fuel in the Iberian Peninsula
Fernando Impuesto With the global fuel sulphur limit of 0.5% entering into force in 2020, the interest towards LNG as a marine fuel is increasing. One of the main obstacles to the accelerated uptake of LNG, however, is the uncertainty regarding future market volumes for LNG. DNV GL has addressed this...
July 10th, 2017 | Classification Societies, Emissions, Energy, Environment, LNG, Marine Equipment Products and Services, News, Technical, Technology | Read More

New Bureau Veritas rules support hybrid power and energy storage systems

New Bureau Veritas rules support hybrid power and energy storage systems
Martial Claudepierre, Business Development Manager, Bureau Veritas with Seaspan’s Harly Penner in front of the battery banks on board Seaspan Swift in Vancouver last week With a growing number of hybrid vessels entering service, Bureau Veritas has consolidated its experience in the field with a new...
July 5th, 2017 | Classification Societies, Emissions, Energy, Environment, Marine Equipment Products and Services | Read More

FUGRO continues inspection, repair and maintenance services for Petrobras in Brazil

FUGRO continues inspection, repair and maintenance services for Petrobras in Brazil
The “Fugro Aquarius” Fugro has been awarded a further 2-year contract by Petrobras to provide comprehensive inspection, repair and maintenance (IRM) and pipeline inspection services in Brazil. This new award follows Fugro’s successful completion of an initial 12-month contract for the oil...
July 4th, 2017 | Energy, Marine Equipment Products and Services, Technical, Technology, Underwater Shipping | Read More

elemed event at Laskarides Foundation

elemed event at Laskarides Foundation
A view from the elemed event – one of the the panels with Dimitrios N. Vlachos at the podium Designing the roadmap for the use of electrification for sustainable marine transportation in Eastern Mediterranean The design of a modern regulatory framework for the use of electricity as sustainable...
July 3rd, 2017 | Associations, Bunkering, Classification Societies, Conferences, Seminars, Forums, Energy, LNG, Marine Equipment Products and Services, Markets, News, Technical, Technology | Read More

Who pays the damage for BDI’s volatily?

Who pays the damage for BDI’s  volatily?
John N. Faraclas The BDI (Baltic Dry Index) ended up earlier on today with 26 points plus at 929, but somebody will soon pay the damage as, except the volatile Capers who gained over 100 points all other Dry Indices where down or with extremely low “gains”. Geopoliticaly more mess is coming as more...
June 28th, 2017 | Associations, Energy, Environment, European Union, Events, Conferences,Forums and Symposiums, Finance, Land Trasnport, Logistics, Maritime Tourism, Markets, Politics and Government, Port Conditions, Ports & Terminals, Rail, Tourism | Read More

Slight Dry gains amid geopolitical uncertainty

Slight Dry gains amid geopolitical uncertainty
John Faraclas The BDI (Baltic Dry Index) gained 14 points earlier on today and now stands at 884. The Wets still low and Geops (Geopolitics) unpredictably predictable…lead to an all-out war!  John Faraclas daily briefing: The Capers managed to clinch 18 points and the BCI 2014 managed to go over and...
June 26th, 2017 | Comment, Energy, Environment, HR, Liner Shipping and Trade, Markets, Military, News, Piracy and Terrorism, Politics and Government, Reports, Shipfinance, Shipping Indices, Short-sea shipping, Statistics, Trade and Commerce | Read More

HSH Nordbank participates in the refinancing of Cory Riverside Energy

HSH Nordbank participates in the refinancing of Cory Riverside Energy
Dr. Marcus Kleiner HAMBURG/KIEL HSH Nordbank is participating as a mandated lead arranger in the refinancing of Cory Riverside Energy, one of the leading companies in recycling, waste processing and energy recovery in the UK, for the Riverside waste-to-energy plant in Belvedere in London’s south-east....
June 23rd, 2017 | Banking, Energy, Finance, News, Shipfinance | Read More

Maritime technology project seeks stakeholder participation / autonomous vessels put on agenda

Maritime technology project seeks stakeholder participation / autonomous vessels put on agenda
GMN maritime technology project seeks stakeholder participation 21/06/2017  – The GMN maritime technology project, run by IMO and funded by the European Union, has issued a call for expressions of interest from individuals within specified organizations to become members of the GMN Project’s...
June 21st, 2017 | Emissions, Energy, Environment | Read More

Daily Overview of Global Markets & the SEE Region (Wednesday, June 21, 2017)

Daily Overview of Global Markets & the SEE Region (Wednesday, June 21, 2017)
Dr. Platon Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Oil prices remained under pressure on oversupply jitters. Brent crude moved below $46bbl for the first time so far this year, initiating a bull flattening...
June 21st, 2017 | Banking, Company Profiles, Energy, Finance, Markets, News, Oil Industry, Person Profiles, Reports, Shipfinance, Statistics, Stock Markets | Read More

Thuraya IP M2M Service launched to connect the Internet of Remote Things

Thuraya IP M2M Service launched to connect the Internet of Remote Things
… The new service enables applications in utilities, logistics, oil and gas, and renewable energy DUBAI, UAE, 21 June, 2017 – Thuraya Telecommunications Company today announced the launch of the Thuraya IP M2M Service to support high volume, high throughput machine-to-machine (M2M) applications....
June 21st, 2017 | Alternative Sources of Energy, Energy, Environment, Gas, IT and Communications, Logistics, Oil Industry | Read More

DNV GL’s global network of verification experts to support major new contract with Maersk Oil

DNV GL’s global network of verification experts to support major new contract with Maersk Oil
Liv Hovem DNV GL has won a major contract to provide independent verification services for the Maersk Oil redevelopment of the Tyra Field, offshore Denmark. The Tyra field in the Danish North Sea has been at the centre of Denmark’s national energy infrastructure since 1984, providing 90% of the country’s...
June 21st, 2017 | Classification Societies, Energy, Marine Equipment Products and Services, News, Oil Industry, Technical, Technology | Read More

S-Oil Corporation uses technical expertise from Lloyd’s Register..

S-Oil Corporation uses technical expertise from Lloyd’s Register..
Coupled with its vast proven technical experience, we believe LR’s continued responsiveness will be pivotal in accelerating our momentum to successful project completion in 2018. S-Oil Corporation uses technical expertise from Lloyd’s Register for risk-based inspection analysis of it USD $4.2 billion...
June 20th, 2017 | Construction, Energy, News | Read More

FUGRO returns to Borssele Offshore Wind Farm Zone to conduct UXO survey

FUGRO returns to Borssele Offshore Wind Farm Zone to conduct UXO survey
Fugro has been awarded a joint contract with Boskalis for survey and identification of unexploded ordnance (UXO) in the Borssele Wind Farm Zone. The multimillion-Euro contract, for Dutch transmission systems operator TenneT TSO B.V., includes specialised survey and identification work in relation to...
June 19th, 2017 | Alternative Sources of Energy, Energy, Technical, Technology | Read More

Industry project on standardizing subsea processing boosts up to Phase 2

Industry project on standardizing subsea processing boosts up to Phase 2
Kristin Nergaard Berg Subsea processing offers great potential for the oil and gas sector, but is also a relatively young field of technology, causing costly and inefficient tailor-made solutions. The DNV GL-led joint industry project (JIP) on standardizing subsea processing aims to reduce cost in a...
June 19th, 2017 | Classification Societies, Energy, Gas, Markets, Oil Industry, Underwater Shipping | Read More

Ocean Scientists and Subsea engineers gather in Aberdeen for milestone conference

Prof. John Watson Hundreds of delegates are expected to turn out for the 60th 2017 Oceans conference at the Aberdeen Exhibition and Conference Centre which opens on Tuesday (June 19). Organised jointly by the IEEE Ocean Engineering Society (OES) and the Marine Technology Society (MTS), this will be the...
June 16th, 2017 | Academia, Alternative Sources of Energy, Construction, Energy, Environment, Events, Conferences,Forums and Symposiums, Oceanology | Read More

The BDI@855 might become …a liability; Geops too

The BDI@855 might become …a liability; Geops too
John Faraclas The BDI (Baltic Dry Index) lost another ten points since yesterday and now reads 855 becoming a liability for all stakeholders, despite the fact that in Feb’16 we have seen the BDI shrink  down to 290 points… The Geops are advancing fast towards a major collision between all despicable...
June 15th, 2017 | Banking, Chartering, Conferences, Seminars, Forums, Dry Bulkcarriers, Energy, Markets, Military, News, People and Places, Piracy and Terrorism, Reports, Shipfinance, Shipping Indices, Statistics, Stock Markets | Read More

London Tech Week – Maritime Tech: UK maritime technology – Smart Green Shipping

London Tech Week – Maritime Tech: UK maritime technology – Smart Green Shipping
There’s a popular view that the maritime sector is somehow stuck in its ways and resistant to change. But a quick look at some of the innovative and unique companies that make up the UK’s remarkably broad maritime sector would soon dispel that idea. To mark London Tech Week, Maritime UK has been...
June 15th, 2017 | Alternative Sources of Energy, Aviation, Environment, News, Technical, Technology, Yachting | Read More

LR successfully completes first classification survey of BP’s new Glen Lyon FPSO vessel

LR successfully completes first classification survey of BP’s new Glen Lyon FPSO vessel
The Glen Lyon FPSO 15 June 2017 – BP’s newest North Sea asset, the Glen Lyon floating production storage and offloading (FPSO) vessel, has been awarded full-term classification certificates for service in the Schiehallion and Loyal fields, 175 kilometres west of Shetland. Conditions west of Shetland...
June 15th, 2017 | Classification Societies, Energy, News, Oil Industry, Oil Platforms and Rigs, Technical, Technology, Underwater Shipping | Read More