2002 Articles
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Maritime Reporter
on May 2002Navigation Maritime Bulgare (Navibulgar). has confirmed its acquisition of Varna shipyard, which has been in administration since January. Payment of the purchase price of $16.1 million was completed on April 8 and gives Navibulgar ownership of the assets of the yard. The asset purchase tran
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- The Dash for Gas page: 74
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Maritime Reporter
on April 2002The gas market is exciting, but only for those with a steady nerve and long-term commitment. Over 20 new LNG import projects have been mooted for the U.S. alone. We are witnessing an unprecedented expansion of shipping capacity to meet this and worldwide expansion of demand. Nearly 30 percent o
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- A World of Controversy page: 64
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Maritime Reporter
on April 2002It was a concept like no other. A floating home where guests could virtually visit a variety of exotic ports in far off places from the comforts of their own luxurious accommodations. Imagine pulling into Cannes during its renowned film festival, stepping out into Monaco during its Grand Prix
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Maritime Reporter
on April 2002There are 2,511 identified pending, probable and possible subsea production wells forecast (base case) worldwide over the next six years. Some 18 percent of these subsea completions will be installed in North America, 30 percent in Africa/Mediterranean, eight percent in Asia-Pacific, 26 percent
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Maritime Reporter
on April 2002Beginning in the 1950's when the company manufactured the first electronic flash unit for cameras that utilized photo flash batteries, ACR Electronics was well on its way to making a name for itself as a leading manufacturer of high-quality strobe lights for the marine and aviation industries.
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Maritime Reporter
on April 2002Vessel Extractions LLC (VessEx) has launched a service to free ships from hostile situations and sail them to safety. Although the company focuses on repossessing ships for mortgagees, it also assists owners whose ships have been seized, detained, abandoned or stolen. Freeing strategies range
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Maritime Reporter
on April 2002Cummins Inc. and CitiCapital have reached an agreement to promote a cosponsored marine finance program. Under the agreement, customers who purchase Cummins engines for various commercial vessels will receive exclusive finance products provided by Citi- Capital. This agreement demonstrates th
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Maritime Reporter
on April 2002ABS-classed as a XA1 Floating Offshore Installation, the Medusa truss spar will be located on Mississippi Canyon Block 582 in 2,223 ft. of water. Murphy Oil's Medusa truss spar has a hull diameter of 94 ft. (28.6 m) and a total length of 568 ft. (173.1 m). The sixth truss spar to be installed
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Maritime Reporter
on April 2002This past February, Bollinger Shipyards, Lockport, La., signed a contract for three 145-ft. (44.1-m) supply/utility boats with Edison Chouest Offshore. The vessels, which will meet new regulatory standards and will be less than 100 gt and less than 500 gt registered tonnage, will each have a
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- Halliburton Brings Viking To GOM page: 42
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Maritime Reporter
on April 2002Halliburton Subsea, a business unit of Halliburton's Energy Services Group, is deploying its ultra modern multi-purpose support vessel, MSV Subsea Viking, to the Gulf of Mexico on a longterm basis. The vessel, which arrived in U.S. waters in early February 2002, will be available for a wide v
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- Jane Tide Makes An Impact page: 41
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Maritime Reporter
on April 2002Tidewater Inc. has taken delivery of the 260-ft. (79.2-m) M/V Miss Jane Tide. The Miss Jane Tide, which is Tidewater's first VS 480 platform supply vessel, was built by the company's own Quality Shipyards, L.L.C. in Houma. La. The ship, designed by the Norwegian firm Vik-Sandvik, is the first
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- The Rolls-Royce Design Solution page: 41
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Maritime Reporter
on April 2002Rolls-Royce has won contracts worth $76 million to supply design and equipment packages for nine offshore service vessels, which will be built in four different shipyards for owners in Brazil. France, Norway and the U.S. The ship designs and packages of Rolls-Royce equipment will be supplied
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- Faster Than A Speeding... page: 40
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Maritime Reporter
on April 2002It is little secret that as offshore oil production moves further from shore, the boats that service these offshore units must be bigger, stronger and more capable than their ancestors. Here's a peak at emerging technologies and the boats that house them. big find,' and now that many of the
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Maritime Reporter
on April 2002Mitsui Engineering & Shipbuilding Co., Ltd. (MES) has completed the world's largest class diesel engine (MITSUI-MAN B&W 1198MC type: 69,920kW) at its Tamano Works and delivered the engine to Imabari Shipbuilding Co., Ltd. in October 2001. The engine has been installed on a 6,000 TEU container
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- industrial Heritage Is Retained page: 38
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Maritime Reporter
on April 2002After plant closure had been earlier mooted, part of the fabric of Europe's marine diesel engine industry now looks set to be retained following a new proposal for the restructuring of Wartsila's operations in the Netherlands. Wartsilii is now prepared to outsource manufacturing of engine com
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- Spanish Group Endorses Pentamaran page: 37
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Maritime Reporter
on April 2002As part of its strategy to foster business in the high-speed marine transportation sector, Spain's IZAR Group is collaborating with the British technical consultancy Nigel Gee & Associates (NGA) in the development of fast RoPax and RoRo vessel designs. The recent unveiling of a proposal for a
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- The Allure of Power page: 36
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Maritime Reporter
on April 2002Continuity is a valuable asset in the marine field, especially so in relation to the most essential products pivotal to vessel design and operation. The diesel engine producers' adeptness at enhancing existing, successful designs at intervals through power and performance upgradings is a prim
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Maritime Reporter
on April 2002Shipowners are known for having distinct differences of opinion, but the one thing that all agree on is the importance of having access to capital. In an industry in which assets are generally bigticket items and operating margins can be thin, access to proper financing serves the dual purpos
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Maritime Reporter
on April 2002GE Marine Engines has seen its LM aeroderivative gas turbines selected by 28 navies throughout the world. Recently GE announced the selection of its LM2500 aeroderivative gas turbines and main reduction gears for use aboard the Italian Navy's new Andrea Doria aircraft carrier. The aircraft ca
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Maritime Reporter
on April 2002Vericor Power Systems LLC remains a leading supplier of integrated aeroderivative gas turbine propulsion systems for commercial and military customers worldwide. This joint company of Honeywell International, Inc. and MTU Aero Engines GmbH offers commercial ship operators and navies alike its TF