MISC Assigns Up to USD 4 Bn for FPSO Shuttle Tanker Capex

first_imgzoomImage Courtesy: MISC Malaysian shipping group MISC Berhad has set up a five-year capital expenditure plan which is expected to see the company spend up to USD 4 billion for securing more floating production storage and offloading (FPSO), and shuttle tanker projects.For this year alone a sum of USD 500 million has been earmarked for potential FPSO and shuttle tanker contracts to be concluded this year, President and Chief Executive Officer Yee Yang Chien is cited as saying by Malaysian national news agency Bernama.As explained, the growth in demand for shuttle tankers is expected in the North Sea and North America. However, according to Chien, the driver of the company’s profit will remain the LNG and offshore businesses, adding that the company’s 27 LNG carriers have all been chartered out.The majority of capex expenditure is expected to be funded through bank loans (70 pct), while the remaining 30 pct would be covered from available equity, Bernama reports.World Maritime News is yet to receive a comment on the report from MISC.The announcement comes as MISC concludes a very challenging year for both the shipping and offshore sectors.The company’s profit for 2017 stood at RM 1.99 billion, almost halved when compared to RM 2.79 billion reported in 2016.Chien said earlier that 2017 was a challenging year as growth opportunities were scarce while revenue was under constant pressure from weak freight rates and contract renegotiation risks.However, he believes better days for the industry are ahead taking into account a steady rise in oil price over the past two years, and healthier level of activities for the oil and gas markets.World Maritime News Stafflast_img read more

Total to Establish LNG Bunkering Hub in Oman

first_imgzoomIllustration; Image Courtesy: MPA Singapore French energy major Total is looking to develop a liquefied natural gas (LNG) bunkering hub in Oman under a recently signed Memorandum of Understanding (MoU).The company said it would use its equity gas entitlement as feedstock to supply LNG as a fuel to marine vessels. For this purpose, Total plans to build a new small-scale modular liquefaction plant in Sohar port.The plant will comprise a train of around 1 Mt per year and will offer the flexibility for expansion as required by the development of the LNG bunkering market.Under the MoU, signed with the Government of Oman, Total is to develop natural gas resources in Oman, covering both upstream and downstream businesses.Total and Shell as operator will develop several natural gas discoveries located in the Greater Barik area on onshore Block 6 with respective shares of 25% and 75%, as per the agreement between both companies and before possible State back-in, with the objective of an initial gas production of around 500 MMcfd and a potential to reach 1 bcf/d at a later stage.“We are pleased to sign this MoU with the Sultanate of Oman that will give us access to new gas resources and the opportunity to develop an integrated gas project,” Arnaud Breuillac, President Exploration & Production at Total, said.“We will bring our expertise in LNG and will introduce access to a new gas market for the Sultanate. Developing an LNG bunkering service will generate in-country value and job opportunities, and will support industry diversification through fostering the shipping activity in Oman.”last_img read more

SHI BIOUV Get USCG Type Approvals for BWTS

first_imgzoomIllustration. Image Courtesy: Pixabay under CC0 Creative Commons license The US Coast Guard (USCG) Marine Safety Center (MSC) has issued ballast water management system (BWMS) type approval certificates to South Korean Samsung Heavy Industries (SHI) and French BIO-UV Group. On June 15, MSC granted the eight type approval certificate for SHI’s Purimar BWMS.As explained, the treatment principle of the Purimar BWMS consists of filtration with electrolysis during uptake and neutralization at discharge. This approval covers models with maximum treatment rated capacities between 250 m3/h and 10,000 m3/h.What is more, BIO-UV Group, a manufacturer of ultraviolet water treatment equipments, received MSC’s ninth type approval certificate on June 20.The treatment principle of the company’s BWMS BIO-SEA B consists of filtration with UV treatment at uptake and discharge. This approval covers models with maximum treatment rated capacities between 55 m3/h and 1,400 m3/h, according to the USCG.Following the two most recent USCG approvals, nine more BWM systems are under review, MSC’s data shows.last_img read more

Colchester Receives 2003 Municipal InNOVAward

first_img Plenty of people talk about getting in better physical condition,but how many actually do something about it and take hundreds ofpeople with them? Mayor Mike Smith of the Municipality ofColchester did just that, and it has won his municipality the Municipal InNOVAward for 2003. The Municipal InNOVAward program was created by the Nova Scotiagovernment to recognize innovation by municipalities and villagesin Nova Scotia in the delivery of their services and programs.The annual award provides an opportunity to recognize qualityinnovation, as well as the chance to spread the word aboutcurrent innovative programs and services. This year’s winner of the Municipal InNOVAward is theMunicipality of the County of Colchester for The Mayor’sChallenge. The Mayor’s Challenge began with Mr. Smith’s personalgoal to bike 8,000 kilometres, or roughly the distance acrossCanada. Before long, the municipal council decided it wanted to dosomething about inactive children who were spending too much timein front of the TV and playing video games. The municipalityacted by extending The Mayor’s Challenge to everyone inColchester County. Local businesses, radio and newspapers endorsed and promoted thechallenge by offering free publicity and prizes. Within a monthof issuing the challenge in January 2003, more than 500 adults,200 children and 11 schools had signed up. The challenge offers something for everyone. There are targetsfor families and individuals of all ages and fitness levels. TheMayor’s Challenge recognizes that the most important thing is tobe active and to have a goal. “I’m delighted that so many people in Colchester County havetaken up this challenge,” said Mr. Smith. “All over the county,children, adults and families are getting out of the house andare getting some exercise. Winning the Municipal InNOVAward isvery gratifying to everyone involved with this project.” The challenge will officially end in December, but themunicipality is encouraging everyone who participated to continueto make physical activity an integral part of their daily lives. “The success of this program, its obvious benefits toparticipants and the community, make it an excellent choice aswinner of the 2003 Municipal InNOVAward,” said Barry Barnet,Minister of Service Nova Scotia and Municipal Relations. “Leading a healthy lifestyle pays dividends today and many yearsdown the road.” More information about the Municipal InNOVAward and The Mayor’sChallenge can be found on the Web site atwww.gov.ns.ca/snsmr/muns/awards/default.asp . SERVICE N.S./MUNICIPAL RELATIONS–Colchester Receives 2003Municipal InNOVAwardlast_img read more

Board to Resume Hearing Into Pregnancy Complaint

first_imgThe independent board of inquiry into the human rights complaint of Coralyn Fleck against Ashton Salon and Day Spa will resume at 9:30 a.m. on Tuesday, June 13, at the Best Western Glengarry Hotel, 150 Willow St. in Truro. Ms. Fleck alleges she was fired from her job with the salon because she was pregnant. The board is being chaired by David J. MacDonald. -30-last_img

Traffic Advisory Kings County

first_img -30- KINGS COUNTY: Route 221 and Route 358 Traffic on sections of routes 221 and 358 in Kings County will be restricted to one lane to allow for road repairs from Thursday, July 27, until Friday, Aug. 4. The work will be taking place between 7 a.m. and 7 p.m. on Route 221 near Centerville and near Canning and also on Route 358 near The Lookoff. Local Area Office: 902-825-4827 Fax: 902-825-3593last_img

Land Acquisitions Target Properties with Natural Assets

first_img — Little Indian Island (also known as Micou’s Island), St. Margarets Bay, Halifax Co., a nine-hectare (22 acre) island that features natural wetlands and is also of recreational value. — Sheep Island, North Harbour, Victoria Co., a 7.3-hectare (18 acre) area that is home to colonies of great blue heron and terns. — Twelve hectares (30 acres) at McGowan’s Lake, Queens Co. that includes ponds that provide valuable habitat for overwintering of Blanding’s turtles, which have been identified in the area. Nova Scotia declared the Blanding’s turtles endangered in 2000. — George Eddy Company Limited lands, 442 hectares (1,092 acres) located on the St. Mary’s River, a popular salmon river, in Guysborough County. The lands are in an area well known to residents and international visitors for its pristine beauty and recreational opportunities — including fishing, canoeing and hiking — and has been used as a site for studies of wood turtles. “We want to thank the partners, like the Mahone Island Conservation Association and the St. Margaret’s Bay Stewardship Association, who are helping to ensure the future of some of these properties through stewardship agreements,” said Mr. Morse. “We also want to thank private land donors and corporations like the George Eddy Company Limited for helping us protect against development in areas that provide Nova Scotians with fine examples of the natural assets we treasure.” Negotiations on the remaining 167.5 hectares (414 acres) of special acquisitions are expected to be completed by March 31. The special purchases are expected to cost a total of $5.36 million, which includes $3.11 million for the six acquisitions announced today. Negotiations also continue on the purchase of properties announced in May 2006 as part of an agreement with Bowater Mersey Paper Company. The province will help protect and preserve an additional 699 hectares (about 1,727 acres) of prime Nova Scotia property for recreational and tourism opportunities, coastal access, inland waterways, and wildlife habitat this year. Islands in Mahone Bay, St. Margarets Bay and North Harbour, and parcels of land in Guysborough and Queens counties, are among the properties that are being added to the province’s existing Crown lands. “These lands will help Nova Scotia protect endangered species and return some of this province’s precious coastal property to Nova Scotians’ hands,” Premier Rodney MacDonald said today, Feb. 22, at a news conference in Mahone Bay. “These lands will provide recreational and environmental benefits to Nova Scotians today and into the future.” Natural Resources Minister David Morse said it was important that the province seize the opportunity to complete these additional acquisitions this year so the lands were not lost to development. “Nova Scotia has one of the lowest proportions of Crown land in Canada — only Prince Edward Island is smaller,” said Mr. Morse. “Much of our culture was shaped by our proximity to the sea and to our natural habitat. These special purchases reinforce our province’s commitment to the environment and to ensuring that future generations benefit from our rich culture and traditions.” The new Crown purchases confirmed today were: Coveys and Backman Islands, 61 hectares (150.5 acres) in Mahone Bay, Lunenburg Co. Both islands have high potential for recreational use and will expand the province’s limited coastal access on the South Shore of Nova Scotia.last_img read more

La sécurité doit être une priorité pendant le nettoyage

first_img Une fois les eaux retirées, on encourage les propriétaires à vérifier leurs systèmes septiques. Si le système ne fonctionne pas, communiquez avec le bureau du ministère de l’Environnement de votre région. Les propriétaires doivent également vérifier leur réservoir à mazout pour s’assurer qu’il est toujours bien solide. Toute personne qui a besoin d’aide financière pour répondre à ses besoins essentiels peut présenter une demande d’aide au revenu en communiquant avec le ministère des Services communautaires. Toutes les demandes sont évaluées de façon individuelle afin de déterminer le besoin. Si le demandeur n’est pas admissible, le personnel peut le diriger vers d’autres soutiens communautaires qui pourraient lui offrir de l’aide. Pour obtenir des renseignements détaillés sur le nettoyage après une inondation et sur la sécurité, consultez le www.gov.ns.ca/emo. Le Bureau de gestion des urgences demande aux résidents de faire de la sécurité une priorité alors que les eaux se retirent, que les routes sont réparées, que les ponts sont inspectés et que les efforts de nettoyage se poursuivent, aujourd’hui 16 décembre, dans le nord du Cap-Breton et dans la vallée de l’Annapolis. « Les gens des comtés de Victoria et d’Inverness et de la vallée de l’Annapolis ont eu une semaine extrêmement pénible, a dit Ramona Jennex, ministre de la Gestion des urgences. Nous avons été très chanceux que personne n’a été blessé lors de cette tempête. Soyez prudent aujourd’hui et continuez à vous aider les uns les autres alors que nous nettoyons nos propriétés et nos communautés. » Aucune nouvelle inondation n’a été signalée au Cap-Breton, et de nombreuses routes le long de la Cabot Trail sont maintenant ouvertes. On demande aux résidents de vérifier les conditions routières avant de se déplacer. L’électricité a été rétablie dans la plupart des collectivités de la province, mais certaines régions, notamment Kentville, Wolfville et Kingston, où des dommages importants ont été causés par les vents forts, signalent toujours des pannes. Plus de 100 équipes travaillent pour rétablir l’électricité pendant toute la journée. EastLink signale que 200 clients sont toujours sans service téléphonique dans la vallée, mais tous les autres services ont été rétablis. Au cours des prochains jours, l’évaluation de l’étendue des dommages causés par la tempête sera entreprise. On demande aux propriétaires et résidents de bien vouloir considérer les renseignements suivants : Communiquez avec votre agent d’assurance dès que possible si vous avez des dommages. Faites une liste et incluez des photos ou des vidéos des dommages et des articles qui ont dû être jetés après l’inondation. Conservez un dossier des activités liées à l’inondation, par exemple le temps passé à nettoyer, et conservez des copies des factures et des reçus. N’utilisez pas les appareils ménagers, les prises de courant, les boîtes d’interrupteurs, les boîtes à fusibles ou les panneaux de distribution avant de les faire vérifier par une personne qualifiée du service public. Faites appel à des professionnels qualifiés pour rebrancher l’alimentation en gaz ou en électricité. Si vous sentez une odeur de gaz, quittez la maison et communiquez immédiatement avec votre fournisseur de gaz. Rincez toute contamination à l’intérieur de la maison et éliminer l’eau de rinçage. Nettoyez et faites sécher votre maison et vos biens récupérables dès que possible. Les articles ménagers qui ont été contaminés par des eaux usées ou qui sont restés trempés pendant une longue période devront être mis dans des sacs étiquetés et jetés conformément aux règlements locaux. Toute nourriture, y compris la nourriture en boîte ou en conserve, qui entre en contact avec les eaux de crue doit également être jetée. Il est recommandé que les propriétaires qui utilisent des puits privés fassent vérifier leur source d’eau potable. À titre de précaution, il est recommandé de faire bouillir l’eau pendant trois minutes. Des trousses d’analyse sont disponibles aux bureaux régionaux du ministère de l’Environnement. Le ministère travaille en collaboration avec les municipalités afin d’offrir les trousses dans les bureaux municipaux.last_img read more

Minister Receives Report from Remediation Monitoring Oversight Board

first_imgA recent report has found that the Department of Environment continues to successfully regulate the Sydney Tar Ponds and Coke Ovens Cleanup Project. The department today, June 28, received its third report from the Remediation Monitoring Oversight Board about its performance as the primary regulator of the Sydney Tar Ponds and Coke Ovens Cleanup Project. “We appreciate the work of the board to monitor our role as regulator for the cleanup of this large and complex project,” said acting Environment Minister John MacDonell. “I’m very pleased this independent review has found that we’re doing a good job to deliver on our regulatory responsibilities.” Report findings show that the department is effectively regulating the project and taking appropriate actions to protect the environment and address concerns about odour at the site. The department will review the report before responding to the board. The Remediation Monitoring Oversight Board was created in January 2008 to monitor regulatory performance of the Department of Environment, including project permits and approvals issued, project regulatory issues, and public feedback. The board reports annually to the Minister of Environment. The members of the board are Sinclair Dewis, Edwin MacLellan and Colin Hines. A copy of the Remediation Monitoring Oversight Board report is available at www.gov.ns.ca/nse . The clean up is scheduled to be complete by March 31, 2014.last_img read more

Winners of Family Fishing Adventures Contest Announced

first_imgTwo elementary students are the winners of the Family Fishing Adventures contest put on by the Department of Fisheries and Aquaculture and Outdoor Writers of Canada. Contestants were required to write a story about a family fishing trip they went on and include a photo or original drawing. The winner in the P-3 category is Danielle Gagne, a Grade 3 student from Ellershouse, Hants Co. The winner in the Grade 4-8 category is Bailee Nauss, a Grade 4 student from Tusket, Yarmouth Co. Each winner received a gift card from Canadian Tire, a hat, t-shirt and fishing equipment. “Congratulations to the winners. Fishing is a wonderful way to spend time with family,” said Fisheries and Aquaculture Minister Sterling Belliveau. “It’s great to see young people enjoying the outdoors and contributing to the conservation of our environment.” Submissions were judged on: what fishing means to them their favourite thing about fishing how their adventure contributed to conservation “Recreational fishing is an activity that brings life-long enjoyment and satisfaction to all participants,” said Duane Radford, president of Outdoor Writers of Canada. “It’s wonderful to have children involved with fishing at such a young age.” To read the winning stories or view the photo and drawing, visit www.gov.ns.ca/fish/sportfishing/extension/ .last_img read more