Siphoning Hijackers Caught

By MarEx 2015-08-21 10:08:10

Indonesian police have arrested three men suspected of hijacking the Indonesian-flagged M/T Rehobot.

The tanker was transporting about 1,100 tons of fuel when it was boarded by nine men wielding knives on January 28. The Rehobot’s 14 crewmembers were forced to abandon ship and jumped into the vessel’s lifeboats and were not found until January 31.

The ship was found grounded and found on Mindanao Island February 23, and its fuel had been siphoned.

Indonesian authorities are still searching for the six remaining hijackers. North Sulawesi Marine Police believe the operation was led by a man named La Ade, who is a fugitive being sought in another incident of fuel siphoning in 2013.

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The Sludge of Biofuels

By MarEx 2015-08-21 10:00:10

The Scottish Association for Marine Science (SAMS) has identified two species of super-algae that contain over 50 percent oil. The researchers suggest that it could be an untapped resource for the production of biofuels.

Using a new technique, the scientists examined strains in the Culture Collection of Algae and Protozoa, an internationally important algal store based at SAMS in Oban in the Firth of Loren.

Micro-algae produce high levels of oil, carbohydrates and proteins from sunlight. There are only a few species, which are grown commercially for health foods such as Omega-3 oils and pro-Vitamin A. The fatty acids found in micro-algae can also be converted into fatty acid methyl esters, or FAMEs, the molecules used to produce biodiesel.

The SAMS screening revealed two marine strains, Nannochloropis oceanica and Chlorella vulgaris as being ideal biofuel feedstock.

Dr. Stephen Slocombe, a SAMS research associate in molecular biology, commented that producing biofuels from micro-algae will require further data about what strains will generate high yields.

Currently, there are about 10,000 researchers working on super-algae, but the shortlist of super-algae developed by SAMS is considered the best opportunity of genetically engineering the right culture for oil production.

Algae is easily grown and is low maintenance, which make them an attractive option for biofuel production. Commercial algae also requires less land and water than plant alternatives, but production is relatively expensive due to equipment and operating costs.

Several companies and government agencies are currently funding efforts to make algae fuel production commercially viable. The SAMS project is part of the BioMara Project which aims to develop biofuels from marine biomass.

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Royal IHC Launches Fifth Pipelaying Vessel for Sapura Navegação Marítima

By MarEx 2015-08-21 09:20:09

Royal IHC has successfully named and launched the pipelaying vessel, SAPURA RUBI, in a ceremony at the company’s shipyard in Krimpen aan den IJssel, The Netherlands. The naming of the fully integrated vessel was performed by Ms. Glaucia Maciel, Human Resource Manager of Sapura Navegação Marítima S.A.

The SAPURA RUBI is the fifth 550t pipelaying vessel that IHC is supplying to Sapura Navegação Marítima, a joint venture between SapuraKencana and Seadrill. All five vessels are being completely designed, engineered and built by IHC. Like her sister vessels, the SAPURA DIAMANTE, SAPURA TOPÁZIO, SAPURA ÔNIX and SAPURA JADE, the SAPURA RUBI is destined for Brazilian waters to develop deep-sea oilfields of up to 2,500m on behalf of Petrobras.

The vessel will be equipped with a pipelaying spread designed and built by IHC, and two below-deck storage carousels, with capacities for 2,500t and 1,500t of product respectively. A vertical (tiltable) lay system with a 550t top tension capacity will be permanently installed for the deployment of a range of flexible products, and the tower orientation allows for maximum deck space. A custom-designed IHC control system integrates each aspect of the pipelaying spread to ensure excellent levels of performance, safety and reliability.

Arjan Klijnsoon, IHC’s Executive Director Marketing & Sales, says: “With these ships, Sapura Navegação Marítima has entrusted IHC with an impressive order. The entire project has been on – or ahead of – schedule, which proves us to be a reliable partner in complex activities.

“The operational vessels, the SAPURA DIAMANTE, SAPURA TOPÁZIO and SAPURA ÔNIX, are all performing very well. With the launch of the final vessel, we have almost reached the end of a fantastic project. I am confident that the outfitting and delivery will be completed on schedule.”

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Masan’s throughput up 12% in 2Q15

South Korean port city Masan, which has been struggling to raise throughput volumes, has seen a breakthrough with the opening of Gapo New Port.
Masan Regional Oceans and Fisheries Administration said the city, which is in Gyeongnam province, has handled 7.351 million tonnes of cargo in the second
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Petra Energy profits almost double

Malaysia-listed offshore services provider Petra Energy posted a MYR14.9 million (USD3.6 million) for the second quarter ended 30 June 2015 (2Q15), almost double the profit of MYR8 million in 2Q14.
Revenue went up by 29% year-on-year to MYR164.6 million in 2Q15 compared with revenue of MYR127.4
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Boskalis posts record profit in 1H

Royal Boskalis Westminster on 20 August revealed “a very busy first half year with historically high profit”. It posted EBITDA of EUR500 million (USD563 million), up from EUR466.4 million in the first half of 2014, and an operating profit of EUR359.3 million, up from EUR338.3 million.
Net profit
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