Search results for: DOT Shipping

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  • 26 March 2014

    Oceanteam Shipping ASA announced today that it has founded together with Grupo Diavaz a new shipping company named ‘DOT Shipping’. DOT Shipping will focus on providing high-end vessel solutions for the Mexican market. Details of the transaction remain confidential and further details on DOT Shipping will be disclosed in the coming period. Oceanteam Shipping ASA is an offshore shipping company. […]

  • 12 December 2016
    Business & Finance

    DOT Radiance, a joint venture between DOT Shipping and Pacific Radiance, has agreed with the charterer to delay delivery of the newbuild offshore construction support vessel to December 31, 2017. The joint venture secured a long-term charter contract worth over $140 million, including extension options, for the vessel which was expected for delivery and start of […]

  • 28 August 2014
    Business & Finance, Operations & Maintenance

    Oceanteam Shipping ASA saw, with its early focus on Mexico, a long term strategy confirmed. Its newly founded DOT Shipping partnership with Grupo Diavaz and the subsequent approval of the Mexican Energy Reform legislation will create significant opportunities for the company. These important events triggered plans prepared by the company and have so far resulted […]

  • 26 February 2018
    Business & Finance

    Oceanteam, a Dutch/Norwegian Offshore service provider, has terminated agreements for purchase and bareboat chartering of the vessel Tampamachoco 1.

  • 22 May 2014
    Business & Finance

    During the first quarter Oceanteam Shipping ASA, a Norway-based offshore services company, increased its level of activity with start up of several new contracts for RentOcean, its marine asset services division. The company increased its strategic ownership in the design engineering firm KCI to 100 % and commenced an investment programme named “The Next Step”. The […]

  • 22 May 2014
    Business & Finance, Operations & Maintenance

    During the first quarter Oceanteam Shipping ASA increased its level of activity with start up of several new contracts for RentOcean, its marine asset services division. The Company increased its strategic ownership in the design engineering firm KCI to 100 % and commenced an investment programme named “The Next Step”. The most significant event during […]

  • 26 February 2018
    Business & Finance, Operations & Maintenance

    Oslo-listed Oceanteam has booked net profit of $11.7 million for the year 2017, against $22.3 million loss in 2016. For the twelve months of 2017, the Norwegian-Dutch offshore service provider generated $35.5 million in revenues, down approximately 15% compared to $41.8 million for the same period in 2016. Earnings for the second-half 2017 came out negative […]

  • 29 March 2019
    Business & Finance

    Offshore support vessel provider Oceanteam has decided to divest its stake in a Mexican joint venture company to its Mexican partner Diavaz. 

  • 25 April 2014
    Business & Finance, Operations & Maintenance

    Oceanteam Shipping ASA, an offshore shipping company, has released its annual report 2013. Haico Halbesma, Chief Executive Officer of Oceanteam Shipping ASA, stated in his letter: “2013 was a year of consolidation and operational focus for Oceanteam Shipping ASA. In addition, new opportunities were identified and followed upon, which resulted in particular in a large back log […]

  • 10 September 2019
    Business & Finance

    Longer Port Aransas ferry wait times are expected for about two weeks, starting on Wednesday, September 11, according to a Texas Department of Transportation (TxDOT) news release. A U.S. Army Corps of Engineers project to deepen and widen the Corpus Christi Ship Channel will require DOT to modify its ferry operations, which will result in […]

  • 24 May 2012
    Business & Finance

    In May 2012, the two 23m DOT tugs commissioned by Poet, Singapore, completed their trials. The tugs, designed by the Macduff Ship Design, are the largest so far specifically designed around the Mampaey DOT system. The Mampaey Dynamic Oval Towing (DOT) system is a 360 degree all around towing system. The DOT-system integrates the towing points […]

  • 2 July 2013
    Business & Finance

    Wärtsilä, has been announced as the winner of the internationally recognised Red Dot award for product design. The award is for Wärtsilä’s new propulsion control panel design that received the highest “best of the best” prize in its category. A total of 4662 design nominations from 1865 manufacturers, designers and architects from 54 countries were […]

  • 9 December 2016

    Singapore-based provider of offshore marine services Pacific Radiance has delayed a charter for one of its offshore construction support vessels, that is still under construction, by a year.  In November 2014, the company’s joint venture with DOT Holdings, named DOT Radiance, secured a long-term charter contract for one of its vessels ahead of its expected delivery in […]

  • 9 September 2014
    Business & Finance

    Oceanteam Shipping ASA announced that it has secured, through its joint venture DOT Holdings AS, an interest in a new build Offshore Support Vessel. As a result a partnership with Pacific Radiance Ltd., subject to certain conditions subsequent, has been established. Closure of remaining conditions subsequent, are expected to be finalised in the coming month.Once […]

  • 24 May 2012

    In May 2012, the two 23m DOT tugs commissioned by Poet, Singapore, completed their trials. The tugs, designed by the Macduff Ship Design, are the largest so far specifically designed around the Mampaey DOT system. The Mampaey Dynamic Oval Towing (DOT) system is a 360 degree all around towing system. The DOT-system integrates the towing points […]

  • 30 July 2013

    Following a $1.1 million grant from the United States Department of Transportation (DOT) Seacraft Shipyard, LLC, in Amelia will be able operate more efficiently. Namely, the grant will enable Seacraft Shipyard, LLC, to procure a new 400-ton marine travelift, allowing for the shipyard to accommodate and service larger vessels in its waters. “This grant results […]

  • 2 July 2013

    Wartsila has been announced as the winner of the internationally recognised Red Dot award for product design. The award is for Wartsila’s new propulsion control panel design that received the highest “best of the best” prize in its category. A total of 4662 design nominations from 1865 manufacturers, designers and architects from 54 countries were […]

  • 22 February 2012

    The state Department of Transportation (DOT) will be relocating the Hilo Harbor security screening area for cruise ship passengers from inside the Pier 1 Shed to the outside walkway of the pier. Work on the $53,482 project is set to begin February 22 and is scheduled to be completed by March 13, 2012. Tents and […]

  • 30 July 2013
    Business & Finance

    Following a $1.1 million grant from the United States Department of Transportation (DOT) Seacraft Shipyard, LLC, in Amelia will be able operate more efficiently. Namely, the grant will enable Seacraft Shipyard, LLC, to procure a new 400-ton marine travelift, allowing for the shipyard to accommodate and service larger vessels in its waters. “This grant results […]

  • 13 August 2018
    Business & Finance, Equipment, Operations & Maintenance, Research & Development

    The Port of Antwerp has introduced a fully autonomous sounding boat – a prototype that is currently being developed to supplement the other operational sounding boat. Both of these carry out measurements of the water depth everywhere in the port so as to guarantee safe passage for shipping. The cloud-based technology – a first – […]

  • 10 March 2008

    It has been nearly a century since the last ship was built in Richmond. It’s been 130 years since the town, still dotted with sea captain’s homes, was the center of major shipbuilding activity. The past is about to be relaunched by a fifth-generation Maine yacht-maker whose company, Hodgdon Yachts, is believed to be the […]

  • 10 September 2013

    ABB, the leading power and automation technology group, recently won the prestigious “red dot award” 2013 for product design in recognition of its innovative Azimuth lever that steers giant ships with decimeter accuracy. The Azimuth lever is so precise that it can turn huge vessels, such as the world’s largest cruise ship “Allure of the […]