Thursday, May 14, 2009

Jet Boat Whistler to Launch

Lyman Morse will Launch its newest and largest jet boat on Thursday, May 14 at its facility in Thomaston Maine.

Whistler is Lyman Morse’s new C. Raymond Hunt designed 54 ft twin jet cruiser. The Whistler features a dinghy garage. A hydraulic gate and sled extend out over the jets allowing the owner to launch the 10 ft tender from the interior storage compartment with the push of a button. Powered by twin 1001 hp Caterpillar C-18s coupled with Hamilton HJ403 water-jets, Whistler will cruise in the low 30s with a max speed of 35 knots. She features the fly-by-wire Blue Arrow electronic control system with mouse and joystick for steering and docking ease. The interior is finished in mahogany with walnut and white Formica accents. Accommodations include an owner's cabin with en-suite head and an office which converts to a guest cabin, also with its own head. Granite galley countertops, maple soles, a lifting 32 ft television with DirecTV and electric grill are also included. The vessel is Lyman Morse’s first new build to use Alexseal paint; she features a dark gray with Pegasus Gray pilot house and topsides.
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RF Government approves ports available for visa-free entry of ferry passengers

The list of Russian ports available for visa-free entry of foreigners includes Big Port of St. Petersburg, Vyborg port and St. Petersburg Passenger Port (Marine Facade complex). Apart from the above ports, preferential regime will be applied in Kaliningrad, Vladivostok, Novorossiysk, Sochi and Korsakov (Sakhalin region).

The corresponding document has been signed by RF Prime Minister Vladimir Putin, Governmental press center reports According to the document; ferry captain is to provide a port with a list of passengers and their sightseeing program in at least 72 hours before ferry arrival. Visa-free tourists are allowed to travel only in a group following the route announced in the program. Not later than after 72 hours after the entry the group is obliged to leave the territory of Russia - border check point in the port. The stay period can be extended in case a ferry departure is delayed because of its damage, natural disaster or other force majeure circumstance. A tourist is also allowed to stay longer in case of emergency treatment or severe disease.
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Galoc production restarts after tropical storm passes

PALAWAN, PHILIPPINES: Galoc Production Co. (GPC) resumed production at the Galoc field at 10:30 a.m. local time on May 13 following the reconnection of floating production, storage and offloading vessel (FPSO) Rubicon Intrepid to the mooring and riser system.

Both of the Galoc 3 and Galoc 4 wells are online and flowing with combined flow rate of approximately 13,000 b/d of oil. The FPSO was forced to disconnect due to adverse conditions associated with the recent severe tropical storm, Chan-Hom (Emong), which passed to the north of the Galoc field on May 7. The reconnection operation was initiated over the weekend once conditions had subsided sufficiently. The work was concluded with integrity testing of the system prior to recommencement of production. Connection of the secondary hold back mooring will be undertaken over the coming day or so.This completes the first disconnect and reconnect cycle of the enhanced mooring arrangements that were installed in January and February of this year. Such operations are likely to be undertaken on several occasions over the coming southwest monsoon and typhoon season, which lasts from June to November in a typical year.
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DNV: Action needed now on maritime labour convention

DNV Maritime is encouraging ship owners, managers and crewing agents to take action now on the imminent entry into force of the Maritime Labour Convention.

The convention stipulates common rights for seafarers with respect to conditions of employment, accommodation, recreational facilities, food, accident prevention, welfare and medical care. “Some people in the industry say that it makes sense to wait and see on this issue but this is a mistake,” says Georg Smefjell, project responsible for DNV’s Maritime Labour Convention team. “Hesitation will only decrease a ship owner’s ability to handle the requirements effectively. One of the two criteria for the convention’s entry into force has now been met. Five countries (Liberia, Marshall Islands, Bahamas, Panama and Norway) have ratified so the target of at least 33% of the world’s gross tonnage has been met. Another 25 countries are needed and the EU target date for ratification by December 2010 makes it very likely that the convention will enter into force in 2011.DNV has delivered customer training on the new requirements in Oslo, Hamburg and Athens. The Norwegian company, Høegh, and the Greek company, Thenamaris, have already taken advantage of DNV’s gap analysis services. “Feedback has been positive and we believe the impressive procedures these companies have in place will enable them to handle the new requirements efficiently,” said Mr. Smefjell.
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CNOOC signs Australian gas deal with BG

Beijing: China National Offshore Oil Corporation (CNOOC) this week announced that they had signed a Project Development Agreement (PDA) with BG Group for liquefied natural gas (LNG) from BG Group’s Queensland Curtis LNG Project in Australia (QCLNG).

The agreement calls for CNOOC to purchase 3.6 million tonnes per annum (mtpa) of LNG for a period of 20 years from start-up of QCLNG, which is being developed by QGC – a BG Group business. QCLNG will come on line in 2014 with 7.4 mtpa capacity of its two trains. CNOOC will also purchase a 5% interest in the reserves and resources of certain of BG Group’s tenements in the Queensland Walloons Fairway of Surat Basin, and participate in 10% of the equity in one QCLNG liquefaction train at the Gladstone plant in Queensland. BG Group and CNOOC will jointly participate in a shipping consortium formed to construct two LNG ships in China that will be owned by the consortium. CNOOC and BG Group intend to negotiate and execute fully-termed transaction agreements prior to BG Group’s final investment decision for QCLNG.
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PGS ready for weaker second half 2009

Norway Petroleum Geo-Services (PGS) has said the lower market activity in a number of areas has led to the 13 percent decrease of its adjusted EBITDA to US$201.9 million for the first quarter of 2009.

This was despite the company’s strong operational performance in reaching new marine contract revenue highs of US$319.3 million. The group’s overall revenues for the quarter decreased by seven percent compared with the first quarter of 2008, from US$456.6 million to US$424.9 million. “The strong quarterly results are primarily driven by excellent operational performance,” said Jon Erik Reinhardsen, CEO and President of PGS. “The competitive advantages of our…fleet put us in a good position to generate healthy cash flows even as the market turns weaker towards the second half of the year.
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