Africa
Boskalis Posts Record Profit in First Half Year
Royal Boskalis Westminster N.V. realized a net profit of EUR 253 million in the first half of 2014 (H1 2013: EUR 123 million). Revenue rose 21% in the first half of the year to EUR 1.5 billion (H1 2013: EUR 1.3 billion). Organic revenue growth was 13.4%. EBITDA amounted to EUR 466 million in the [&h
New Suez Canal: Army Invites Companies to Join Works
Head of the Egyptian Armed Forces Engineering Authority, Major General Kamel el-Wazeer, has invited contracting companies to join works at the Suez Canal Mega Project. Any company that can dig 500 meters of land can file its application, el-Wazeer told reporters on Tuesday. More than 40 companies sp
Heerema Puts 2H Offshore in Charge of Kaombo Risers
2H Offshore, an Acteon company, has been appointed by Heerema Marine Contractors (HMC) to engineer hybrid risers for Total’s Kaombo Block 32 project. HMC, together with consortium partner Technip, were awarded the contract for the EPCI and pre-commissioning of the SURF scope for the Kaombo developme
NLNG export tax fight goes on
The Court of Appeal in Lagos on Monday upheld a preliminary objection by Nigeria LNG and dismissed an appeal filed by Global West Vessel Specialist, challenging an earlier Federal High Court decision to continue a substantive suit over the blockade of NLNG’s jetty in Bonny, from where the company ex
Heerema hires 2H Offshore for Kaombo risers
2H Offshore, an Acteon company, has been appointed by Heerema Marine Contractors (HMC) to engineer hybrid risers for Total’s Kaombo Block 32 project, offshore Angola. HMC, together with consortium partner Technip, were awarded the contract for the EPCI and pre-commissioning of the SURF scope for the
Global Reefer Capacity About to Grow
Global reefer capacity across the containership fleet is set to grow by over a fifth, around 22 %, over the next few years, a report from Drewry Shipping Consultants says. “A declining specialised reefer fleet will see its capacity gradually be replaced by reefer box capacity, which is expected to g
Teledyne Marine Schedules Seminars on Shallow Water Surveys
The Teledyne Marine Acoustic Imaging Group, consisting of RESON, BlueView and Odom Hydrographic, will hold the Underwater Technology Seminars (UTS) in Hamburg (September 16-18), Boston (October 7-9) and Singapore (December 1). At the 3-day seminars in Hamburg and Boston the theme is: “Hydrography in
TPT Opts for Kalmar’s Straddle Carriers
Kalmar, part of Cargotec, has gained a breakthrough order to supply ten straddle carriers to Transnet Port Terminals (TPT) Durban Pier 2, a dedicated straddle carrier operation in South Africa currently handling a throughput of 2.4 million TEU. TPT is a division of the government-owned Transnet SOC
How Will Marine Air Emissions Changes Affect Shippers?
From January 2015 MARPOL Annex VI Regulation 14 will once again change, effecting the air emissions of Sulphur Oxide (SOx) from ships traveling in Emission Control Areas (ECA). In the following article, emission analysis specialist Kittiwake Procal explores how will these legal changes really affect
Ceona Awards Five Year Subsea Contract to NCS Survey
NCS Survey, an Acteon company, has been awarded a five year contract for positioning services with SURF company, Ceona. Mobilisation has been successfully completed on the first vessel, Ceona’s DP3 multi-purpose vessel, the Normand Pacific. Following initial work in the Gulf of Mexico, NCS Survey wi
Aqaba LNG: Successful Start of Marine Construction Works
BAM has successfully driven the first pile at the LNG jetty in Aqaba, Jordan. Together with its sister company BAM Contractors from Ireland and its Jordanian joint-venture partner MAG Engineering & Contracting Co. BAM International was awarded the Engineering, Procurement and Construction (EPC) of t
Tangiers remains in trading halt
Tangiers Petroleum Limited, an Australian-based oil explorer with assets offshore Morocco in shallow water advises that the company’s securities continue to be suspended on both ASX and AIM pending the release of an announcement to the market in relation to Tangiers’ funding obligation for the TAO-1