Freeport McMoran discovers oil in Deepwater GOM
September 29, 2015—Freeport-McMoRan reports that it has discovered oil from its Horn Mountain Deep well in the Deepwater Gulf of Mexico (GOM). Initial production from the well, which will be tied back to existing facilities, is expected in first half 2017.
USCG issues new policy letter on BWM compliance
Notable updates include removing the five-year limit on cumulative extensions, and allowing extensions to vessels that choose to install AMS.
Mystery owner asks Incat Crowther to design fast ferry
The order is for the design of a 63 m, 650 passenger aluminum monohull ferry.
Maersk puts 12 ships under third party management
Ship management covers all technical aspects of running a vessel, including crewing, safety and environmental performance, technical operations, and energy efficiency.
HOS gets $26.6 million mod to Navy blocking boat contract
The contract includes a 215-day base period, nine one-year option periods and one 150-day option period.