Polaris Shipping’s Premises Raided amid Stellar Daisy Probe

first_imgBusan Coast Guard raided the South Korean shipping company Polaris Shipping on Thursday, May 25 in relation to the sinking of the ill-fated Stellar Daisy, Yonhap reports quoting a statement from the coast guard officials.As disclosed, the raid of the company’s offices located in Seoul and Busan was aimed at collecting information that might help disclose the reason behind the sinking of the converted VLOC at the end of March this year.The raid is part of the Coast Guard’s recently launched investigation into the incident, the aftermath of which has put into the spotlight the company’s operation of the vessel and its conversion, along with the alleged “slow reaction” to distress calls sent from the ship at the time of the sinking, among other things.The 1993-built ship was carrying eight South Korean and sixteen Filipino sailors. Two of the sailors were rescued on April 1, while the remaining 22 crew members remain missing and are presumed dead.An official cause of the incident has not been provided yet.Just a few days after the incident, Polaris Shipping confirmed that another of the firm’s vessels reported a crack on the outer hull of a tank- the 1993-built bulk carrier Stellar Unicorn, and sent it for repairs.Cracks have also been found aboard Polaris-operated Stellar Queen, following an inspection of the ship which was conducted in Sao Luis, Brazil.As a result, the company launched fleet-wide inspection of its ships.Polaris Shipping is said to have agreed to provide the families of the victims with a compensation now that the on-site search has ended.The company is yet to provide World Maritime News with a comment concerning the raid reports.World Maritime News Stafflast_img read more

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Thoresen Thai Adds Another Supramax Bulker

first_imgThailand’s Thoresen Thai Agencies (TTA) expanded its fleet with a second-hand dry bulk vessel, MV Thor Chaiyo.The 58,731 dwt Supramax, previously named MV Maritime Unity, was acquired in early March from Japan’s Okouchi Kaiun, data provided by VesselsValue shows.The 2008-built ship was purchased at a price of USD 14 million.With the latest acquisition, the Thoresen-owned fleet comprises a total of 22 vessels with an average size of 54,706 dwt.In late March 2018, the company added another second-hand dry bulk vessel to its fleet, the 58,700 dwt MV Thor Caliber.The Supramax, formerly named MV Albion, was purchased for USD 14 million from UK’s Union Maritime, according to VesselsValue data.The acquisitions were made on the back of the company’s sale of two older ships.In February 2018, TTA disposed of the 1995-built MV Thor Endeavour for USD 4.2 million. In late 2017, the company sold its 2002-built MV Thor Horizon for USD 5.4 million.last_img read more

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NKT Victoria Starts Johan Sverdrup Power Cable Installation

first_imgStatoil has informed that the laying of the cable supplying Johan Sverdrup with power from shore has started.On Wednesday the cable laying vessel NKT Victoria began laying the cables that will supply the Johan Sverdrup field with power from shore.The starting point was the Johan Sverdrup converter station at Haugsneset near Kårstø, and by the end of May the vessel will have laid nearly 200 kilometers of power cables out to the field in the North Sea, the company said.“We are now laying the very lifeline of the Johan Sverdrup field, which will supply the field with power from shore for more than 50 years,” said Trond Bokn, senior vice president for Johan Sverdrup.The power cables will help make Johan Sverdrup one of the most carbon-efficient oil and gas fields in the world.Estimated at just 0.5 kg of CO2 per barrel, the emissions from Johan Sverdrup are about 20 times lower than the average on the Norwegian continental shelf, and 30 times lower than the international average.“The world is facing considerable challenges ensuring access to enough energy while doing so in a more climate-friendly way. Here Johan Sverdrup will play an important role: over the next 50 years, the field’s considerable reserves will be used to produce significant amounts of energy with low CO2 emissions,” Bokn said.The CO2 emissions avoided as a result of Johan Sverdrup using power from shore add up to more than 400,000 tonnes of C02 per year, equivalent to the emissions of some 200,000 cars each year.Several additional measures have been implemented to further reduce emissions during the Johan Sverdrup development. The cable-laying vessel NKT Victoria was designed to be supplied with power from shore while in harbour.The mobile accommodation vessel ‘Haven’, in use at the field from June onwards, has also been modified to utilize power from shore while in service at the Johan Sverdrup field.“We’ve worked systematically to take advantage of the opportunities which the power from shore solution has given us. As a result, I believe we’ve been able to reduce the carbon emissions from the field to the minimum,” said Geir Bjaanes, responsible for subsea, power and pipelines for the Johan Sverdrup project.“Before we get to that stage, however, we need to stay focused on the hectic installation period ahead of us. For the next three weeks or so we will be laying almost 10 kilometres of cables every single day. We have spent much time together with NKT preparing for this, but this will put our skills to the real test, our number one priority being safety and ensuring high quality in execution,” added Bjaanes.After the cables reach the Johan Sverdrup field at the end of May, the next step will be to pull the cables in to the riser platform, where the converter station for the first phase of the development is located.Then the cables will be connected, before preparations and testing of the system start. And in the autumn of 2018, the Johan Sverdrup field should be ready to be powered with electricity from shore.After the start-up of the second phase of the development in 2022, the Johan Sverdrup field will also enable power from shore to reach the remaining fields on the Utsira High – Edvard Grieg, Gina Krog and Ivar Aasen.last_img read more

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Wood Appoints Chief Marketing & Communications Officer

first_imgWood has appointed Paula Murphy to the newly-created role of chief marketing & communications officer.Murphy joins Wood from Arcadis where she was global head of marketing & communications.Robin Watson, chief executive of Wood, said: “As we approach the first anniversary of the formation of Wood, now a leading player in the global energy and industrial markets, we recognised the need for a new role of chief marketing & communications officer. Paula will be responsible for all our marketing and communications activities and will play a key role in building the Wood brand, raising the profile of our capabilities across global energy and industrial markets.”Murphy has marketing and communications experience across numerous sectors including construction, environmental services, water and infrastructure. A graduate of Glasgow University and a post graduate of Oxford University, Murphy has an MA in Politics & English Literarture, an MBA and post graduate diplomas in marketing and global business.last_img read more

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EU Justice Court Rules German Feed-In Tariffs Not State Aid

first_imgThe European Court of Justice has annulled the Commission’s decision that feed-in tariffs, as provided by the German 2012 renewables law EEG, constitute state aid.The World Wind Energy Association explains that the European Commission pressured Germany and other governments to wrongly notify feed-in legislation as state aid, which caused feed-in legislation to be substituted with a system of auctions.The decision by the court thus reveals that there has been no legal basis for such a switch which puts the successful transition towards a renewable energy based economy at risk, WWEA said.“According to the Court of Justice, the General Court was wrong to find that the funds generated by the EEG surcharge constituted State resources,” the court said.“It follows that a factor required in order to classify as ‘aid’ advantages resulting from the mechanisms established by the EEG 2012 is lacking.” The EEG surcharge cannot be assimilated to a levy since the EEG 2012 does not require suppliers to final customers to pass on the amounts paid in respect of the surcharge to customers, the court stated, adding that the fact that in practice the financial burden resulting from the EEG surcharge was passed on to the final customers is not sufficient.According to the court, the General Court, on the other hand, failed to establish that the state held a power of disposal over the funds generated by the EEG surcharge or even that it exercised public control over the transmission system operators responsible for managing the funds.The Court of Justice also finds in particular that the fact that the funds from the EEG surcharge are allocated exclusively to the financing of the support and compensation schemes tends rather to show that the state was specifically not entitled to dispose of those funds, that it is said to decide on a different allocation.Although the factors accepted by the General Court permit the conclusion that the public authorities monitor the proper implementation of the EEG 2012, they cannot permit the conclusion that there is public control over the funds generated by the surcharge, the court writes.“Legislation related to renewable energy should be based on the successful principles which are well known, including feed-in tariffs which allow for a broad, non-discriminatory participation of all potential investors,” said Stefan Gsänger, WWEA Secretary General.“Considering the huge amount of investment that is required to shift the world’s energy supply away from fossil and nuclear resources towards a full renewable energy supply, it is of utmost importance that investment is in the hands of as many citizens as possible. New regulatory frameworks which aim at supporting integrated approaches should also take broad participation and broad distribution of benefits as a basis.”last_img read more

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Aker Energy secures funding for offshore oil project in Ghana

first_imgAfrica Finance Corporation (AFC), an infrastructure solutions provider in Africa, has decided to finance Aker Energy’s deepwater project located offshore Ghana by investing in $100 million of convertible bond notes with a commitment to participate in follow on fund raising activities.Pecan POD. Source: Aker EnergyAker Energy said last week it had issued subordinated convertible bonds to AFC of $100 million. The bonds have a coupon of 5.5 per cent per year and will be converted to equity in the event of an Initial Public Offering (IPO) of Aker Energy, at an agreed discount to an IPO offering price of 1.85 per cent per year. The bonds have a maturity of five years, with an option to extend with another three years.In a separate statement on Monday, July 15 AFC confirmed its support of Aker Energy and said the funds would be used by Aker Energy to finance the development of the Deepwater Tano Cape Three Points block (DWTCTP), a block offshore Ghana containing multiple oil fields.The asset is owned by joint venture partners, including Aker Energy (50%), Lukoil (38%), Fueltrade (2%) and a 10% carry for the Ghana National Petroleum Corporation (GNPC), wholly owned by the Government of Ghana. The Pecan field, which is the most appraised in the DWTCTP block and the field to be developed in the first phase, is an oil field estimated to contain reserves of about 334 million barrels of oil equivalent.AFC explained that this investment was in line with its overall natural resources strategy, which entails building a portfolio of value added assets across the energy value chain.This investment also marks the beginning of AFC and Aker’s relationship in the exploration and production sector across the African continent; AFC will offer support to Aker, open new opportunities, and mitigate potential geopolitical risks. On the other hand, AFC said that Aker was an ideal partner for AFC, as it seeks to broaden its partnerships with developers within the natural resources sector.The Deepwater Tano Cape Three Points field is one of the Ghana’s principal hydrocarbon assets and is expected to contribute to Ghana’s near term target of an annual production volume of 500,000 barrels of oil equivalent per day.Aker Energy submitted an integrated plan of Development and Operations (PDO) to Ghanaian authorities for the Deepwater Tano / Cape Three Points (DWT/CTP) block in late March 2019. The integrated PDO presents an overall plan for a phased development and production of the resources in the DWT/CTP contract area. The phased development plan will start with the development of the Pecan field as a firm phase one, being the largest of several discoveries in the area.Upon PDO approval, the partners will initiate a process to make a final investment decision (FID). First oil from the Pecan field is estimated 35 months after the FID is made.Samaila Zubairu, President & CEO of AFC, commented on the announcement: “This is an opportunity for AFC to invest alongside a technically and financially strong sponsor that requires project development expertise and public sector advice in Africa, both of which AFC is ideally placed to offer.”Jan Arve Haugan, CEO of Aker Energy, added: “We value AFC’s vote of confidence by collaborating with Aker Energy and the commitment to further strengthening this partnership going forward. We believe AFC will be a valuable partner to help Aker Energy navigate the opportunities and challenges that lies ahead of us.”Spotted a typo? Have something more to add to the story? Maybe a nice photo? Contact our editorial team via email. Also, if you’re interested in showcasing your company, product or technology on Offshore Energy Today please contact us via our advertising form where you can also see our media kit.last_img read more

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Lithuania selects where 700 MW offshore wind farm will be built

first_imgThe tender to select the owner and developer of the wind farm is scheduled to be held in 2023, the government said. The draft legislation will then be submitted to the interested institutions for coordination, and to start coordinating the proposed support scheme with the European Commission. Prior to this period, the approved spatial planning and environmental procedures – the special plan, the strategic environmental impact assessment, and the environmental impact assessment – will be performed by the Lithuanian Energy Agency. The Government of Lithuania has settled on the position of the country’s first offshore wind farm, with the capacity of up to 700 MW, in the Baltic Sea. The project is expected to attract around € 1 billion in private investments. Once commissioned, the wind farm is expected to generate up to three TWh of electricity annually, corresponding to one-quarter of the country’s current electricity consumption. The site covers an area of 137.5 square kilometres, with a distance from shore of approximately 29 kilometres, an average water depth of 35 metres, and an average wind speed of approximately 9 m/s. The government also approved the concept of wind power development in the Lithuanian maritime territory prepared by the Ministry of Energy, which proposes changes in the legal regulation taking into account the recommendations of a working group consisting of state institutions and social partners.center_img The government has decided that the wind farm will be built and commissioned by 2030 at the site previously proposed and considered in the draft Government Resolution, which has now been adopted. The government instructed the Ministry of Energy to prepare draft laws regulating the support scheme for offshore wind farms by 1 July. Amendments to law “By employing offshore wind, we will achieve ambitious renewable energy targets and reduce electricity imports from other countries. Our goal is to develop offshore wind in the most efficient and competitive way, and at the same time it will be an opportunity to attract world-class investors to Lithuanian energy,” said Lithuania’s Minister of Energy Žygimantas Vaičiūnas. In addition, taking into account the experience of foreign countries and the fact that the development of networks for the connection of planned power plants in the maritime area may take up to eight years, the government proposed to the transmission system operator to start preparatory work for the connection of offshore wind farms to the grid.last_img read more

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Tips for recruiting technical talent in offshore energy

first_imgChanging society Renewable energy Jobseekers are increasingly looking for jobs that can make an impact. Working in renewables brings about a new level of job satisfaction: you are contributing to a better world. Besides making an impact, engineers and technical personnel also find it important for their job to challenge them so they can grow. They also want to work in a supportive environment where they can speak their mind. Tips for recruiting technical personnel: Engineers are the most in-demand profession at this moment. This will not change soon: the changing society requires that even more organizations need to embrace technological innovations in order to stay relevant. Technical personnel are not known for actively looking for a job. Research has shown however that they do want to hear about new career developments and are open to interesting and challenging opportunities.   Receive €100 discount on a job listing in July 2020 If we look at the offshore energy sector, the renewable energy industry could create more than a million jobs a year. According to the International Renewable Energy Agency, those jobs are created if countries invest to meet their target for cutting global carbon emissions. However, creating these jobs means more students and jobseekers need to choose a technical education and profession in the future. Therefore, for now, the shortage remains. Find more information about posting jobs on Offshore-Energy.biz. Make sure your company profile and story appeals to technical personnel. Show your most impressive projects. Have current employees tell their story on your corporate website. Is your HR department actively taking care of the personnel during the corona crisis? Describe how.Publish your jobs: maximize visibility and post your job on online platforms. Personnel in the maritime, offshore, energy and renewables sector can be found on the job boards of Offshore-Energy.biz, OffshoreWIND.biz, DredgingToday.com and NavingoCareer.com.Use your network and reach out: ask your current engineers to approach their personal network. Referrals are the easiest way to find new personnel. What are your potential employees reading to stay up-to-date in their field of expertise? Find the niche platforms they read. Research advertising opportunities (advertorials, newsletters, banners etc). News in for example offshore wind, marine energy and green marine can be find on the news sites of Offshore-Energy.biz platform. Organize or participate in events for tech talent. Whether online or face-to-face, events are an opportunity to meet potential candidates and showcase your company culture. A great event to meet talent in the sector is the Navingo Career Event taking place on 27 and 28 October in Amsterdam. The event coincides with Offshore Energy Exhibition & Conference. center_img What’s important to technical talent Recruiting technical talent in offshore energy Want to maximise visibility for your job listing? Publish your job on the online platforms that your potential jobseekers use to catch up on news and vacancies from the sector. The job sections of Offshore Energy, Offshore Wind or Dredging Today can help you find qualified personnel in the maritime, offshore and energy sector worldwide. rn jump to tips International Renewable Agency The labor market is on lockdown since the start of the corona crisis, however the first signs of change are starting to appear. One thing hasn’t changed though: the demand for technical personnel remains high globally, also in the offshore energy and renewable sector. So how do companies go about attracting and recruiting technical talent? Receive €100 discount when you post your job in July 2020last_img read more

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Anglicans exploring marriage

first_imgChallenge Weekly 19 July 2012The nature of marriage, the blessing of same-sex unions and the ordination of gay priests were hot topics at the Anglican Church’s 60th General Synod/Hinota Whanui in Fiji last week. About 160 delegates from the Anglican Church in Aotearoa, New Zealand and Polynesia attended the church’s Synod which was held from July 6 to 12 at the Tanoa International Hotel in Nadi. On July 10, the Church decided it needed to talk about marriage. Without dissent, and after a debate that at times included displays of raw emotion, Synod passed a resolution that “asks Episcopal Units to hold conversations in our church and with the wider community about the nature of marriage and to explore how the church might theologically and liturgically respond to gay and lesbian Anglican couples who request this rite”. It also asked the General Synod Standing Committee “to support and resource the Episcopal Units in this endeavour …” It was clear that the mover of the resolution, the Rev Glynn Cardy, of St Matthew-in-the-City, in Auckland, hoped this would lead, eventually, to the possibility of gay and lesbian couples getting married in Anglican churches. Synod members queued up at the microphones to affirm the motion but a number suggested there were lines in the sand they would not cross. Archdeacon Tim Mora, of Greymouth, took issue with Mr Cardy’s exegesis. “Let’s have a deeper reading of the texts,” he said, “and see what they really say”.http://www.challengeweekly.co.nz/component/content/article/39-top-stories/2425-anglicans-exploring-marriage-.htmllast_img read more

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Gay marriage, then group marriage?

first_imgCNN March 20, 2013 –  Robert P. George and Sherif Girgis and Ryan T. Anderson,The attractive civil rights rhetoric of “marriage equality” masks a profound error about what marriage is. Of course, if marriage were simply about recognizing bonds of affection or romance, then two men or two women could form a marriage just as a man and woman can. But so could three or more in the increasingly common phenomenon of group (“polyamorous”) partnerships. In that case, to recognize opposite-sex unions but not same-sex or polyamorous ones would be unfair — a denial of equality. But marriage is far more than your emotional bond with “your Number One person,” to quote same-sex marriage proponent John Corvino. Just as the act that makes marital love also makes new life, so marriage itself is a multilevel — bodily as well as emotional — union that would be fulfilled by procreation and family life. That is what justifies its distinctive norms — monogamy, exclusivity, permanence — and the concept of marital consummation by conjugal intercourse. It is also what explains and justifies the government’s involvement in marriage.But don’t take our word for it. Many prominent leaders of the campaign to redefine marriage make precisely the same point. (We provide many more examples, and full citations, in the amicus brief we filed with the Supreme Court on the harms of redefining marriage.) University of Calgary Professor Elizabeth Brake supports “minimal marriage,” in which people distribute whichever duties they choose, among however many partners, of whatever sex. NYU Professor Judith Stacey hopes that redefining marriage would give marriage “varied, creative, and adaptive contours …” and lead to acceptance of “small group marriages.” In the manifesto “Beyond Same-Sex Marriage,” 300 leading “LGBT and allied” scholars and activists call for the recognition of multiple partner relationships. Influential columnist and “It Gets Better” founder Dan Savage encourages spouses to adopt “a more flexible attitude” about sex outside their marriage. Journalist Victoria Brownworth cheerfully predicts that same-sex marriage will “weaken the institution of marriage.” “It most certainly will do so,” she says, “and that will make marriage a far better concept than it previously has been.” Author Michelangelo Signorile urges same-sex partners to “demand the right to marry not as a way of adhering to society’s moral codes but rather to debunk a myth and radically alter an archaic institution.” They should “fight for same-sex marriage and its benefits and then, once granted, redefine the institution of marriage completely, because the most subversive action lesbians and gay men can undertake … is to transform the notion of ‘family’ entirely.” These leading same-sex marriage advocates are correct. Redefining marriage would, by further eroding its central norms, weaken an institution that has already been battered by widespread divorce, out-of-wedlock child bearing and the like.http://edition.cnn.com/2013/03/20/opinion/george-gay-marriage/index.html?iid=article_sidebarlast_img read more

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