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  • ExxonMobil Considers Shale Gas in Turkey

    25 Jun 2014 8:33 AM | Anonymous

    Original news was published on 24 June, 2014

    ExxonMobil is discussing the possibility of entering Turkey’s shale gas market with state-owned Turkish Petroleum (TPAO).

    Talks could lead to joint exploration onshore in the southeast and in the Thrace Basin in northwestern Turkey, according to a Reuters report. Reserve estimates for shale gas in Turkey vary from an optimistic 20 trillion cubic meters to proven reserves of just 6-7 billion cubic meters.

    Investors from the US, Europe, and Canada are also interested in Turkey’s shale gas and oil, and Turkish officials may hold talks with potential investors in October.

    TPAO is looking for ways to increase domestic output as strives to reduce dependence on foreign oil and gas. Turkey plans to supply its own energy by 2023. Currently, 98 percent of its natural gas demand is met by imports, as well as 90 percent of its oil requirements.



    *NEWS SOURCE

  • Alstom Chooses GE Deal

    24 Jun 2014 8:51 AM | Anonymous

    Original news was published on 23 June, 2014

    Alstom’s board has unanimously recommended its shareholders accept GE’s bid for the company, thereby rejecting a rival offer from Siemens and MHI. Alstom will retain its transportation division.

    GE will purchase Alstom Power & Grid businesses for close to US$17 billion and subsequently establish three three joint ventures: nuclear, renewables and grid. GE will sell its signaling division to Alstom for about US$825 million.

    The French government, which has been involved in negotiations, has confirmed it will grant the required foreign investment authorization, GE said in a statement.

    Further, the government will purchase up to 20 percent of Alstom through a purchase of shares from Bouygues, a French engineering company. With its holding, the government will have voting rights and place two representatives on the new board.

    Alstom’s nuclear assets were of particular concern to the government. Under the deal, newly-established Global Nuclear & French Steam Alliance will include the production and servicing of Alstom’s Arabelle steam turbine equipment for nuclear power plants, as well as Alstom’s steam turbine equipment and servicing for applications in France. The French government will control rights to Alstom’s nuclear technology.

    Siemens and MHI submitted their offer last Monday and offered a revised version on Friday, but Alstom’s board said it did not “adequately address the interests” of the company or its shareholders.

    The deal is expected to close in 2015, following the necessary approvals.


    *NEWS SOURCE

  • Protranser Handles Power Equipment in Asia

    24 Jun 2014 8:35 AM | Anonymous

    Original news was published on 23 June, 2014

    Protranser, a GPLN member from Shanghai in China, last year was awarded a contract as a global logistics supplier for an America-based EPC contractor who is now focusing on providing power equipment for global customers.

    As of Dec 2013, Protranser has handled several shipments for this client from Shanghai to South Korea. After the selection of a suitable vessel, Protranser designed a tailor-made shipping plan by coordinating with the port, shipping agent and customs to meet the client’s delivery schedule.

    Considering that a heavy tank weighing about 77 tons was also part of the cargo, GPLN member Protranser had to rent a floating crane to handle this heavy item. Protranser’ s dedicated staff was on spot for supervising the whole operation process, together with an independent surveyor, to ensure that all parties concerned meet the strict requirements.


    *NEWS SOURCE

  • COSCO Dalian Starts Work on Module Carrier

    23 Jun 2014 8:44 AM | Anonymous

    Original news was published on 21 June, 2014

    According to the shipbuilder, the project further expands the scope of COSCO Dalian’s shipbuilding products, and enhances its share in the domestic high-end and specialist shipbuilding market.

    The vessel will measure 173 metres in length, 40 metres in breadth, 12 metres in depth, and have a deadweight of 21,000 tonnes.

    It is designed for the transportation of ultra large and heavy modular cargos.

    The vessel will be equipped with a dual engine/prop electric propulsion system, and a highly automated integrated control system.

    With an Ice Class 1AS notation, it will be able to sail in the Arctic and other polar regions.

    The vessel is scheduled for delivery in the second part of 2015.

    *NEWS SOURCE

  • Damen Shiprepair Lengthens Rig Legs

    23 Jun 2014 8:38 AM | Anonymous

    Original news was published on 20 June, 2014

    Damen Shiprepair Vlissingen will remodel the Rowan Viking, a Keppel Fels N-class drilling rig and one of the largest of its type.

    The Rowan Viking measures 124 meters long, 95 meters wide and 170 meters high. It has been contracted to explore the Norwegian Lundin Oil Field in the North Sea and will have to be modified for the job, Damen said in a statement.
    Damen Shiprepair Vlissengen will extend the rig’s legs by 10 meters to 180 meters to work in the deeper waters. Because the leg extension work will be performed at great heights, DSV has contracted Palfinger Systems to use its JUMP System undefined Jack Up Maintenance Platform. These are platforms that can be built around, and moved up and down, the legs.
    A Mammoet PTC crane will be used to hoist the 120-tonne leg extensions. The crane will be more than 200 meters high. To make room for the crane, DSV has demolished a warehouse and is building a foundation that can withstand the crane’s 30-tonne per square meter ground pressure.
    DSV will also make safety modifications in accordance with Norwegian law and have the modified rig certified before it is deployed. The Rowan Viking will be at the shipyard for about 130 days.

    *NEWS SOURCE

  • Signet Maritime takes delivery of ASD tractor tug from Patti Marine

    21 Jun 2014 9:05 AM | Anonymous

    Original news was published on 20 June, 2014

    Signet Maritime takes delivery of ASD tractor tug from Patti Marine
    Adding to its fleet of 37 conventional and ASD vessels, Signet Maritime Corporation took ownership of its ninth newly constructed tractor tug in six years.

     SIGNET ARCTURUS, a 105’ x 38’ Z-Drive, designed by Robert Allan Ltd. of Vancouver, British Columbia was delivered by Patti Marine Enterprises of Pensacola, Florida on May 25, 2014, the Corporation said in a press release.

    SIGNET ARCTURUS is powered by two Caterpillar model C175-16 main engines, each rated 3417 BHP at 1800 RPM. The engines are coupled to two Rolls-Royce US 255 CP azimuth thrusters via carbon fiber shafting, providing thrust for ABS certified sustained bollard pull of 83.45 metric tones.

    All Caterpillar mains and John Deere 6068TFM76 generator engines aboard the vessel are U.S. EPA Tier 3 certified for reduced emissions.


    *NEWS SOURCE

  • EPA Approves Voestalpine Texas Plant Construction

    21 Jun 2014 9:02 AM | Anonymous

    Original news was published on 19 June, 2014

    U.S. Environmental Protection Agency has granted a construction permit to Austria’s Voestalpine Group for a US$740 million iron production plant in San Patricio County, Texas.

    The voestalpine Texas plant is being constructed at the La Quinta Trade Gateway Terminal near Corpus Christi, the Austrian company said in a statement.

    “We investigated 17 locations in eight countries for this project. In the end, Texas was the most promising on all key criteria, such as logistics, energy supply, well-trained employees, and political environment,” Wolfgang Eder, CEO of voestalpine and head of voestalpine’s steel division said.

    The plant will produce two million tons of hot briquetted iron (HBI) and direct reduced iron (DRI) annually for export to Austria, specifically voestalpine plants in Linz and Donawitz. Construction will include use of 20,000 tons of constructional steel and 13,000 tons of mechanical equipment.

    Voestalpine said the project is its biggest foreign investment and will enable it to reduce production costs in Europe.

    Production will begin in 2016.


    *NEWS SOURCE

  • China Considers British Role in Undersea Tunnel

    20 Jun 2014 9:09 AM | Anonymous

    Original news was published on 19 June, 2014

    But cooperation may prove challenging;

    Premier Li Keqiang this week began his first state visit to Britain where he will discuss trade with his counterpart, Prime Minister David Cameron.

    China could allow Britain to take part in the construction of the 123-kilometer Bohai Strait Tunnel in exchange for a role in its high-speed railway and nuclear power projects, a senior state firm engineer told the South China Morning Post.

    With an estimated cost of US$41.7 billion, the 123-kilometer tunnel would connect Dalian in Liaoning and Yantai in Shandong province.

    “Britain has offered the technology and experience that they acquired in the construction under the English Channel,” Wang Mengshu, deputy chief engineer with China Railway Tunnel Group, said. “China has asked them to come up with a plan with technical details.”

    In exchange, China wants to participate in Britain’s construction of high-speed railway lines and new nuclear reactors. But talks could become mired in contention.

    “Britain has favored burying rail lines underground to save land, while China builds them on high bridges. We can help if they can change their mentality,” Wang said.

    He also said Britain is too small for high-speed rail. “They don’t have much land for long-haul high-speed rail projects with speeds of 350 kilometers per hour or higher,” he said. “How sincerely do they want the high-speed rail from China? We have doubts.”

    Entering UK’s nuclear industry could prove equally difficult or even more so. A researcher with the China National Nuclear Corporation said negotiations over China’s participation in British nuclear plant construction had encountered a lack of trust. China had sought a French partner to ease its access to the British nuclear market, but negotiations had not gone smoothly, he said.

    “China is a latecomer in the game and our homegrown technology only looks good on paper,” the CNNC researcher who chose to remain anonymous said. “Why would the UK buy a new third-generation reactor from China if it has not even been used at home?”


    *NEWS SOURCE

  • Tuscor Lloyds Moves Big Reel

    20 Jun 2014 9:08 AM | Anonymous

    Original news was published on 19 June, 2014

    Tuscor Lloyds has handled the transport of a 58-ton cable reel from Newcastle, UK, to Manila in the Philippines by way of South Korea.

    Tuscor Lloyds collected the steel wire rope reel from the manufacturer’s facility in Newcastle and transported the heavy cargo by road to the Port of Felixstowe, a distance of about 300 miles, the UK-based forwarder said in a statement.

    The project cargo team at Tuscor Lloyds opted to ship the cargo from Felixstowe rather than the port of Newcastle because this reduced transit time and provided a more direct route to Busan and onward to the Philippines.

    The cargo was delivered quayside where two flatrack containers had already been lifted and loaded onto the container vessel. Onsite surveyors agreed to the lift plan put forward by the stevedores and used a heavy-lift crane fitted with the appropriate gear to lift the breakbulk cargo. The cable reel was lowered onto the bed of flatrack containers which had been fitted with heavy dunnage spanning the complete width of the two flat racks in order to spread the weight and increase friction.

    Securing was carried out by the port stevedores using wooden chocks (nailed in position), 2-ton webbing lashings on each corner and 4-ton webbing lashings to the arms of the reel. The cargo was unloaded at the Port of Busan with onsite cranes fitted with specialized gear and secured onto low-loader trucks.

    The reel was hauled to the Port of Masan. From Masan the cargo was loaded onto another container vessel using two more flatrack containers and again secured using wooden chocks and webbing lashings and ratchet straps before being shipped to the Port of Manila.


    *NEWS SOURCE

  • Second Shipment of Gates Arrive in Panama

    19 Jun 2014 8:39 AM | Anonymous

    Original news was published on 18 June, 2014

    The second shipment of four rolling gates for the Third Set of Locks at the Panama Canal have arrived.

    “This is another milestone as it completes half of the 16 gates that will be used in the new locks,” Jorge Luis Quijano, the administrator of the Panama Canal Authority, said in a statement.

    The voyage began about a month ago from the Port of Trieste in Italy. STX Sun Rise, a 4,173-deadweight-ton semi-submersible vessel, carried the heavy gates. The gates were designed in two sizes, based on their their final positions in the lock chambers.

    The taller gates were fabricated for lock head number 3 in the middle chamber of the Pacific locks, the Panama Canal Authority said. Each is 57.6 meters long, 10 meters thick and 31.9 meters tall and weighs about 3,900 tons. The shorter ones will be located in lock head 1 in the Atlantic site’s upper chamber, adjacent to the lake. They are 57.6 meters long, 8 meters thick and 22.3 meters tall and weigh about 2,300 tons.

    The two gates destined for the Atlantic complex will remain in the staging area until the time of their installation and the other two will be transferred to the Pacific site once the installation of the concrete supports are completed in the dock built for their unloading.

    The first shipment of rolling gates arrived in Panama on August 20, 2013. The third shipment is scheduled to arrive in October of this year.


    *NEWS SOURCE
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