Posidonia 2008 sees a sea of ‘green’ initiatives

Efforts taken by Global Maritime Community to reduce the impact on Sea and Air pollution is escalating day by day

With today’s World Environment Day high on the corporate social responsibility agenda of governments, companies and NGO’s from around the globe, ‘green’ business took centre stage at Posidonia 2008 today as the global maritime community is escalating its efforts to further reduce its impact on sea and air pollution. “While shipping’s CO2 footprint is a meagre 4.11 per cent of total emissions despite being accountable for a massive 90 per cent of the transportation of goods and raw materials worldwide, the industry continues to introduce innovative technologies and reinvent business practices in a joint effort to help protect the environment,” said Themistocles Vokos, Chairman, Posidonia Exhibitions S.A. the organiser of the world’s biggest and most international maritime event being held at the Hellenikon Exhibition Centre (HEC) from June 2 – 6. “We are extremely honoured to see the large number of Posidonia 2008 exhibitors showcasing their systems and technology designed to protect the environment.”

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Garfish well spudded offshore Australia

AUSTRALIA: Nexus Energy has spudded the exploration well Garfish-1 using Seadrill jackup West Triton. The well will take around 14 days to reach the primary target and will be followed by two Longtom production wells in Longtom-4 and Longtom-5.

The Garfish-1 exploration well is in Production License VIC/L29 in the Gippsland Basin. The well was set in 13 and 3/8 inch casing after having reached a depth of 2,345 feet (714 m) true vertical depth, Over the next week a 8 1/2 inch hole will be drilled. The well is planned to reach a depth of 8,146 feet (2,482 m). The primary target of the Garfish-1 well will be to test a seismic anomaly which directly overlies the Longtom gas field. Similar seismic anomalies at Longtom have been shown to indicate the presence of gas bearing reservoir sands. Following the intersection of the primary target, the well will then be deepened to confirm that the main reservoir sands of the Longtom field extend to the western part of the VIC/L29 license area. The Garfish-1 exploration target is calculated to have a possible resource potential of 180 Bcf of gas. The well is expected to take approximately two weeks to reach the primary exploration target.

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Dalian to build Italy's largest vessel

Shanghai: Italian owner ILVA Servizi Marittimi Spa has ordered a 300,000 dwt Very Large Ore Carrier (VLOC) to be built at Dalian Shipbuilding Industry, that will be the largest ship ever built for the Italian flag.
The VLOC will be 321 m loa, 300,000 dwt and is due for delivery in 2011. It will be classed by RINA and be the largest vessel on the Italian classification society's books.The vessel is to be plan approved by RINA's recently expanded Shanghai Plan Approval Centre, and classification during construction will be by surveyors from RINA's Dalian Survey Station. Antonio Pingiori, RINA marine division md says, "We have invested heavily in people and tools in China, and built up relations with the shipyards. This major order is a step up in size for us and is the result of the work we have put in to building a solid, responsive technical presence in China. We have expanded our Shanghai Plan Approval Centre and invested in training Chinese experts in the use of our LEONARDO hull software, and expanded our presence close to the major yard groups. This will give owners confidence that we are able to work with the biggest shipyards and biggest vessels too." Italy-based ILVA has a fleet of 15 Italian-flag ships, all classed by RINA, and has a further 13 ships totalling 730,600 dwt on order, all to RINA class and all at Chinese yards.
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TSC in Yantai Raffles frame

Hong Kong-listed TSC Offshore Group has landed a framework deal to provide drilling equipment for rigs being built at the Yantai Raffles Shipyard in China.

TSC said in a statement it had signed a two-year master agreement to provide its drilling products to the shipyard. The deal is expected to be worth up to 589 million yuan in 2008 and 1.03 billion yuan in 2009. TSC said individual sales would be handled between its various subsidiaries and Yantai under the terms and conditions laid out in the master agreement. TSC units supply drilling control systems, mud-pumps, oilfield supplies and other equipment.
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