Australian company Fortescue, with support from the Maritime and Port Authority of Singapore (MPA), has successfully completed propulsion and manoeuvrability trials of its Singapore-registered, ammonia-fuelled converted platform supply vessel FFI Green Pioneer in the Port of Singapore. The trials were conducted using 6.4 cubic metres of liquid ammonia, in combination with diesel and hydrogenated vegetable […]
The post Fortescue ammonia-fuelled demonstrator vessel completes manoeuvring trials...
Every day, the world uses around one hundred million barrels of oil. The term “big oil” is used pejoratively to describe the industry’s lobbying power. But is big always better? This week, we look at both the biggest and the best, and the biggest and the worst of the oil industry. Big finds:...
“Brazil is the country of the future,” goes the cliché that the Austrian writer Stefan Zweig declared in 1941 as the opening line of his book Brazil, Land of the Future. Zweig wrote in exile there, and a year later, he and his wife deliberately killed themselves with a drug overdose. Brazilians then began joking […]
The post COLUMN | Looking to the future: Petrobras newbuilds; James Fisher; Saudi Arabia’s NEOM plans; TotalEnergies and Sapura; wind bust timing [Offshore Accounts] appeared first...
Harold Macmillan was supposedly once asked what the most troubling problem of his time as British Prime Minister was. “Events, my dear boy, events,” was his reply. I thought I had this week’s column nailed well in advance, but offshore is an industry especially susceptible to unexpected and hard to predict “events”. So, we must […]
The post COLUMN | Correcting course: Aramco and jackups; Siem Offshore and Kristian Siem; Ferguson Marine; MMA Offshore; Maersk/Svitzer [Offshore Accounts] appeared...
Money is being made in offshore once again, but tragically lives are also being lost unnecessarily. Earlier this week, we examined how Perenco’s dysfunctional safety culture in Gabon, leading to six people dead or lost in an explosion. This is a sad backdrop for an industry booming at last. Stop...
One of the warmest winters on record seems to be drawing to a close in Europe, and the North Sea spot market is roaring back. On Friday, the 251 tonnes bollard pull anchor handler Maersk Mariner was spot chartered by Anasuria Operating Company at the princely day rate of £45,000 (US$57,000) for...
China’s Daishan Haizhou Shipyard has completed construction of a platform supply vessel (PSV) fitted with a hybrid diesel-electric propulsion system. Furui 688 has a steel hull, a length of 35 metres, a beam of eight metres, a draught of 2.1 metres, a gross tonnage of 295, and capacity for 90...
Gong Xi Fa Cai, Kung Hei Fat Choi, and Chúc mừng Năm Mới! Happy Lunar New Year to all our readers, and welcome to the Year of the Dragon. At least, this is one time of year where nobody will be sneaking abandoned offshore rigs and supply vessels out of Chinese shipyards to the market […]
The post COLUMN | Quick updates: Total buys a rig; Trident cans a rig; Standard sales succeed and fail; Saipem wins and loses corruption battles; Sapura hit with wind arbitration [Offshore Accounts] appeared...
Netherlands-based renewables support specialist Van Stee Offshore has taken delivery of a new near-shore capable, multi-purpose vessel built by Albwardy Damen in the UAE. Zwerver V belongs to a new series of large workboats capable of undertaking a range of projects in support of customers in the...
The sentiments of American singer-songwriter Teddy Swims on his single Lose Control seems a most appropriate soundtrack for Canada this week, especially as it comes from his debut album, the wonderfully titled I’ve Tried Everything But Therapy (Part 1). We have project blow-outs, schedule blow-outs, and some massive delays to report in Canada. Shipbuilding is […]