Author Archive

The Wrong Choice of Bunker Port Can be a Costly Mistake for Ship Owners

  Bunkers are amongst the biggest costs of a voyage. Thus, making the right choice can be crucial. While many shipping companies have bunker teams, the choice of bunker usually starts with a chartering manager during early voyage estimation. Before a vessel is open, the chartering managers will assess various voyage options. This usually happens

White Paper FPSO MBC

The effectiveness of Marine Breakaway Couplings in minimising risk to FPSO transfer operations from the perspective of reeled or in-air catenary reeled configurations August 2018 Content Purpose and objectives of this report. Introduction and definition of a FPSO facility. Foreseeable operational risks associated with FPSO loading. Specific product transfer risks from FPSO to Convectional and

Bunkering loading plan and checklist

Bunkering loading plan and checklist The operation of ship’s bunkering changes constantly. It is vital to follow the rules in order that the operation is carried out in the safest way possible. There are so many points it is impossible to include them all. The Bunkering of fuel requires the utmost care to prevent any

How to Prevent Oil Spills during Ship to Ship Fuelling

There have been many cases of oil spillage during bunkering, and this is a cause for concern as the effects of oil spillage are far-reaching. Besides affecting the profitability of the company, oil spillage also has adverse effects on the environment and poses a serious safety hazard as it could lead to an explosion. Utmost

Gall Thomson Launch Most Advanced Marine Breakaway Coupling Yet

Gall Thomson are specialists in Marine Breakaway Coupling technology with over forty years field based operational experience in delivering secure offshore hydrocarbon product transfer. The Marine Breakaway Coupling (MBC) was developed to aid the safe movement of crude oil, heavy fuel oil and similar products. In the event of a vessel breaking its mooring or

The price of oil goes down further after reports of record high U.S. Oil reserves

The price of oil ended up even lower on Wednesday as record high U.S oil reserve figures. Crude stockpiles in the United Sates rose by 1.5 million barrels last week and now stand at 520 million barrels. Even with the OPEC cuts in production and strong compliance at around 94% the price remains low. The

Oil prices rise as Norway threatens strike and Venezuela oil production in crisis

Brent crude futures were trading at $48.95 per barrel and U.S crude has climbed to $48.49 a barrel. There has been a lot of pessimism among oil investors over the last few months and with the Brexit vote oil dropped to 7 week low. However this effect has been short lived as it has become

What is a Conventional Buoy Mooring?

Conventional Buoy Moorings Buoys are often associated with systems designed to take real-time measurements of the ocean or to warn ships of reefs and other dangerous items. Buoys can also be used to help divers mark their position while underwater, to provide guidance for ships entering into a port and even to detect tsunamis while

Gulf of Mexico oil release of 2100 barrels

There has been a release of oil from infrastructure beneath the sea in the Gulf of Mexico. Shell have confirmed this leak was spotted by a helicopter observing a sheen floating on the water. Shell have estimated this leak is around 2100 barrels of oil. Shell confirmed on Thursday that it shut all wells that

MARITIME INSURANCE

Owning a marine craft exposes you to a lot of risks both to the occupants of the craft and the craft itself. To guard oneself against such dangers, it is prudent to take an Insurance cover. Marine insurance is a very wide policy area. The policy covers a variety of items; damage or loss of