Wednesday, February 11, 2009

Ship fires after Dubai collision

Fires broke out on an oil tanker and a container ship after they collided off the Dubai coast in the Gulf, local officials said.

The accident happened in a shipping channel near Jebel Ali Port - a major container facility in the region. Plumes of thick black smoke were seen rising from the two ships, but the fires were later extinguished. The tanker was carrying some 30,000 tonnes of oil condensates. There were no reports of any casualties. The accident happened at about 1235 local time (0835 GMT. Police boats and helicopters were sent from Dubai to tackle the blazes. They have now returned to their base. Details about the damage to the vessels and the cause of the collision were not immediately known. The tanker was transporting some 30,000 tonnes of oil condensates from Iran to the United Arab Emirates, officials said. The container ship was identified as the Sima Saba. Its cargo was not immediately known.
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Gulf Marine signs up Aegean Petroleum

Hong Kong: Established July 15 last year Gulf Marine, a new subsidiary of Gulf Oil, has expanded dramatically in the following seven months to give it a global presence via its Sealub Alliance Network.

With many employees who used to work at France's Total Lubmarine Gulf Marine now covers around 500 ports. Japan and the US came on stream this year and last week the firm announced that Aegean Petroleum, the well known Greek oil company, listed on the New York stock exchange, has officially joined Sealub Alliance Network. “This new and important membership is bringing strength to our network in the Mediterranean area and strong logistics cooperation,” commented Gulf Marine’s ceo Caroline Huot.
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Port of Kotka expands

The Port of Kotka will build a new quay in Mussalo harbour to secure the logistics during the construction of the Nord Stream gas pipeline between Russia and Germany.

Kotka and Mukran have been selected as logistical centres for the project, creating a demand for additional storage and loading capacity for the large pipes. During the most busy period between 2010 and 2012, the Port of Kotka expects at least 600 additional vessel calls related to the project and the port's current capacity would be insufficient.
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New dawn for LNG-FPSOs

As LNG newbuild contracts have been dawdling, it seems shipowners and shipbuilders have become more interested in LNG-FPSOs.

According to an overseas report, up to 30 LNG-FPSOs could be ordered this year, and South Korean shipbuilders Hyundai, Samsung and Daewoo are the most likely candidates to get these lucrative contracts. The demand for LNG has been increasing on a global scale, however the number of large-scale gas fields have been decreasing, and exploration has turned to small and medium sized fields. In the past it has been generally unprofitable to develop smaller gas fields using traditional methods, however, the development of the LNG-FPSO is expected to improve profit margins, allowing for a surge in order forecasts
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LNG from Tangguh will start exporting in May

Jakarta: The BP-led Tangguh LNG project in the Indonesian province of Papua came on stream at the end of January, BP's head of country confirmed.

The Indonesian government is planning to begin making Tangguh liquefied natural gas (LNG) shipments in May but it is not yet sure whether they should go to China or South Korea, a senior energy official said. "The government has not yet decided the destination of the first shipment of LNG from the Tangguh field," director general for oil and gas at the Ministry of Energy and Mineral Resources, Evita Legowo, said last week. Legowo said initially the first LNG shipment from Tangguh was to be done in February but due to technical problems it was postponed until May. In the meantime, the head of the Upstream Oil and Gas Regulating Body (BP Migas), R Priyono, said the channeling of gas to the LNG plants in Tangguh would begin in April 2009. Gas production in 2009 was projected at an average 430.85 million metric standard cubic feet per day (mmscfd). Besides gas, Tangguh will also begin producing about 1,000 barrels of oil per day.
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