Author Archive
08 Jan 2016
The cost of Oil Spills
The reported oil spill cost of the BP Gulf oil spill is now estimated to be $54 Billion. The oil spill was more than 230,000 tons of crude oil and carried on for 87 days, which made it the biggest oil spill in U.S history. If you look at past oil spills this will undoubtedly
30 Nov 2015
Marine transfer operations ship to shore
Marine Transfer Operations Ships to shore marine transfers are carried out around the world between tanker ships and marine terminals. These should be supervised by a person in charge on the vessel and a person in charge on the dock. The transfer should also be overseen by a marine inspector or surveyor. There are strict
19 Nov 2015
What are analysts predicting in the near future?
Otherwise known as black gold, oil is one of the most important commodities on the planet. The economies of many countries will literally depend upon the price of this fossil fuel and therefore, it should be no surprise that its value can fluctuate over time. One of the most trending pieces of news is the
19 Nov 2015
Oil Prices in Recovery?
Experts in the oil industry are predicting a return to the days when prices were as much as $60 a barrel by early 2016. Following a mini recovery in November, some in the industry are now saying that there will be a reversal of the past downward trend. Oil prices have seen heavy downturns over
10 Nov 2015
Maersk, leader of goods shipping, will cut 4,000 jobs by the slowdown in world trade
The world leader in maritime transport of goods, the Danish company Maersk Line, announced Wednesday the removal of 4,000 goods shipping jobs by the end of 2017 and the postponement of planned investments to defend its dominance in the international market. The financial status of the Maersk Group is considered a barometer of the state
10 Nov 2015
Marine Breakaway Couplings
Marine breakaway couplings are a life and asset saving technology used during offshore oil and ship to ship product transfers. Used between two strings of hose, they are designed to break-away only with inline pulling action. It is similar to a standard industrial coupling; however, it’s been designed with extra resistance to torsion and bending,
10 Nov 2015
Oil spills at Offshore Loading and Discharging Terminals
With the size of tankers ever on the increase, more and more operations are being required to be held offshore. Often these “mega ships” are simply too big to get into the ports they are serving. This is where technology such as Single Buoy Moorings, Multi Buoy Moorings, Floating Production Storage and Offloading and Articulated
10 Nov 2015
Camlock Coupling
Camlock Coupling is the new faster, safer and more convenient method of breaking and making hose connections. Very effective and versatile, they are utilised in all kinds of applications including hydraulic, cryogenic and submersible operation. Camlocks are being employed everyday globally in refineries, ports, marine loading, dock facilities, discharging terminals, distribution centres and chemical plants.
10 Nov 2015
Underbuoy Breakaway Couplings
Gall Thomson is recognised as a global authority when it comes to the design, supply and application of Marine Breakaway Couplings (abbreviated as MBC). Their range of products has set the benchmark for performance reliability and it is the industry standard among the most demanding of environments and applications. Gall Thomson?s recently launched range of
10 Nov 2015
Flip-Flap Valve Type Marine Breakaway Coupling
In a world ever more concerned about environmental damage caused by oil, petroleum, liquid gases and crude light oil spills, engineers are continuously working to improve and update existing safety measures, and invent new ones. Not only does the environment suffer in the event of a major oil spill but company reputations can be badly