5058 results found for 'Indonesia'

5058 results found for 'Indonesia'
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  • WestSide Focused on Increasing Meridian SeamGas Production (Australia)

    26 February 2013

    WestSide Corporation said it remains focused on increasing aggregate gas production from the Meridian SeamGas gas fields near Moura in Queensland’s Bowen Basin. WestSide reported an operating loss from continuing operations for the six months to 31 December 2012 of $5.6 million (2011: $5.3m). The previous corresponding 2011 result included an additional $3.7 million profit […]

  • UK: GEOSHIPS Presents Its Second MPSV, Loch Roag

    27 April 2012

    SeaHold GEOSHIPS Ltd, a marine and subsea services shipping company, held an open day on board the newest addition to its vessel fleet (25 April). Formed in 2003, the Aberdeen-based company took delivery of Loch Roag, its second multi purpose support vessel (MPSV), earlier this month on a contract valued at over £30 million. Around […]

  • MSI: Port Stocks and Politics to Determine Dry Bulk Fortunes

    16 February 2017

    Although the bulk carrier markets began 2017 in reasonably robust form, Maritime Strategies International (MSI) has forecast weak forward prospects for the dry bulk sector due to a combination of volatile trade conditions and political policy. Future earnings in the bulker market will partly be influenced by events beyond the control of shipowners, according to […]

  • IMB: Kidnappings in GoG surge by 40% year-on-year

    15 October 2020
    Human Capital, Safety, Vessels

    There has been a 40% increase in the number of kidnappings reported in the Gulf of Guinea in the first nine months of 2020, compared with the same period in 2019, the latest figures from ICC International Maritime Bureau (IMB) show.  Pirates armed with guns and knives are abducting bigger groups of seafarers at further distances […]

  • Southeast Asia Tanker Hijackings Rising

    14 January 2015

    Attacks against small tankers off South East Asia’s coasts caused a rise in global ship hijackings, up to 21 in 2014 from 12 in 2013, despite piracy at sea falling to its lowest level in eight years, the International Chamber of Commerce (ICC) International Maritime Bureau (IMB) has revealed. Pirates took 442 crewmembers hostage, compared […]

  • Dryad: Maritime Crime in Southeast Asia Booming

    20 October 2015
    Business & Finance

    Maritime crime incidents across Southeast Asia increased by 38% in the first nine months of 2015 compared to the same period a year earlier, according to the U.K.-based maritime intelligence company, Dryad Maritime, who called upon the three nations surrounding the Singapore Strait, in particular, to provide a permanent security presence to deter criminals and protect […]

  • MSI: Strong Dry Bulk Market May Not Persist in 2H

    18 April 2017

    Although the recovery of bulk carrier earnings has fired sale and purchase activity, values and new orders, market faces an uncertain outlook for the balance of the year, according to research and consultancy firm Maritime Strategies International (MSI).  MSI has forecast a positive short-term outlook for dry bulk freight rates but has cautioned on prospects […]

  • Pacific Basin Posts Loss amid Dismal Dry Bulk Market

    26 February 2015
    Business & Finance

    Dry bulk shipping company Pacific Basin Shipping Limited posted a USD 285 million loss in its annual results ending with 31 December 2014. The company’s revenue totaled in USD 1.72 billion in line with results from 2013 worth 1.70 bn. The company’s dry bulk arm reported a net loss of USD 30 million amid weak dry bulk […]

  • Triangle on the lookout for interim CEO as current one steps down

    8 February 2022
    Business & Finance, Business Developments & Projects, Human Capital, Outlook & Strategy

    Triangle Energy is searching for a potential interim chief executive officer (CEO) after the current one decided to resign from the position.

  • Resolve Marine Appointed to Deal with Solomon Trader Incident

    8 March 2019
    Business & Finance

    KP&I appoints Resolve Marine to oversee the Solomon Trader incident response in the Solomon Islands.

  • Western Bulk Records Slight Rise in Its Q1 Performance

    7 May 2014
    Business & Finance

    Western Bulk ASA, a global dry bulk shipping company,  has commercially controlled an average fleet of 178 vessels in the first quarter of 2014 (Q1-14), according to the company’s newly released financial results. The Net TC result for the first quarter of 2014 ended at USD 12.4 million (Q4-13: USD 11.7 million), with EBITDA at […]

  • IMB: 77 seafarers taken hostage since January

    16 July 2020
    Human Capital, Safety, Vessels

    Violent attacks against ships and their crews have risen in 2020, with 77 seafarers taken hostage or kidnapped for ransom since January, the ICC International Maritime Bureau (IMB) said in its latest piracy report. The Gulf of Guinea off West Africa is increasingly dangerous for commercial shipping, accounting for just over 90% of maritime kidnappings […]

  • Dryad: Maritime Crime in Southeast Asia Booming

    20 October 2015
    Business & Finance

    Maritime crime incidents across Southeast Asia increased by 38% in the first nine months of 2015 compared to the same period a year earlier, according to the U.K.-based maritime intelligence company, Dryad Maritime, who called upon the three nations surrounding the Singapore Strait, in particular, to provide a permanent security presence to deter criminals and protect […]

  • Vietnam: PM calls for peace over China’s drilling rig dispute

    15 May 2014

    Vietnam’s Prime Minister Nguyen Tan Dung has urged the Ministry of Public Security to ensure security of people and assets in the country, especially those of foreign investors, following this week’s riots in which several factories were set on fire. The protests are being held in response to China’s deployment of a semi-submersible offshore drilling rig in […]

  • Ophir Energy board accepts $511 million Medco takeover offer

    30 January 2019

    Medco and Ophir Energy have agreed to proceed with a proposed deal under which Medco will buy Ophir for 55 pence a share in cash. The acquisition values Ophir at £390.6M (around $511M).

  • Plexus Forms JV with Malaysian O&G Partner

    13 August 2014
    Business & Finance, Equipment, Project & Tenders

    Plexus Holdings PLC, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP® friction-grip method of wellhead engineering, has announced that its subsidiary Plexus Ocean Systems (Singapore) PTE. LTD has completed the formation of a new Malaysian Joint Venture company Plexus Products (Asia) Sdn Bhd in conjunction with a local […]

  • UK: SeaHold GEOSHIPS Takes Delivery of MPSV Loch Roag

    18 April 2012

      SeaHold GEOSHIPS Ltd, a marine and subsea services shipping company, has taken delivery of its second multi-purpose support vessel (MPSV) on a contract valued at over £30 million, following a successful year for its current vessel, the Stril Explorer. Formed in 2003, Aberdeen-based GEOSHIPS will manage and crew the MPSV Loch Roag vessel, which […]

  • DP World to bolster handling capacity with 3 million TEU

    15 August 2023
    Automation, Business & Finance, Business Developments & Projects, Green Marine, Infrastructure, Market Outlooks, Outlook & Strategy, Ports & Logistics

    Dubai-based port operator DP World expects to add approximately 3 million Twenty-Foot Equivalent Units (TEUs) of new container handling capacity by the end of the year. The company currently manages approximately 9% of the world’s handling capacity, putting it among the top five global port operators. The expansions will take its total gross capacity to 93.6 […]

  • Paying Ransom Still Stumbling Block to Curbing Piracy in the Indian Ocean

    16 May 2013
    Business & Finance

    The revelation this week that the owner of an Algerian cargo ship whose crew was held by Somali pirates paid them $2.6 million in ransom is yet another indication that the rewards these denizens reap for their illegal, life-threatening work remain a serious stumbling block to ending maritime organized crime, according to AdvanFort Company President […]

  • INDIGO Subsea Cable Ready for Use

    30 May 2019
    Equipment, Operations & Maintenance

    INDIGO subsea cable consortium members, AARNet, Google, Indosat Ooredoo, Singtel, SubPartners and Telstra, have informed that the system is now ready for deployment. The INDIGO subsea cable system is ready to be deployed following the completion of the INDIGO West, 4,600km Singapore to Perth, and INDIGO Central, 4,600km Perth to Sydney, cables. Spanning 9,200km, the […]

  • Top news, May 28 – June 3, 2018

    3 June 2018
    Business & Finance, Operations & Maintenance, Research & Development, Technology

    MarineEnergy.biz has compiled the top news from marine energy industry from May 28 – June 3, 2018.

  • GEOSHIPS Secures Two Contracts (UK)

    21 August 2012
    Business & Finance, Operations & Maintenance, Project & Tenders

    GEOSHIPS Group, a marine and subsea services provider, has announced two contract wins worth a combined value of £3 million for the company’s latest vessel. Following an open day on-board the Loch Roag for potential clients, the vessel secured work in the North Sea with two new customers for GEOSHIPS. The forecasted revenue for the […]

  • UK: GEOSHIPS Extends Fleet Following Successful Year for First Vessel

    18 April 2012
    Business & Finance

    SeaHold GEOSHIPS Ltd, a marine and subsea services shipping company, has taken delivery of its second multi-purpose support vessel (MPSV) on a contract valued at over £30 million, following a successful year for its current vessel, the Stril Explorer. Formed in 2003, Aberdeen-based GEOSHIPS will manage and crew the MPSV Loch Roag vessel, which it […]

  • I.M. Skaugen Posts 4Q 2012 Results (Norway)

    18 February 2013

    The I.M. Skaugen Group (IMSK) said it has achieved a negative pre-tax result for 4Q12 of USD4.4 mill, compared to a loss of USD1.6 mill in 4Q11. EBITDA was USD2.5 mill for 4Q12 compared to USD2.3 mill in 4Q11. The preliminary pre-tax result for 2012 was a loss of USD15.8 mill, compared to a loss […]

  • Kidnappings Double in 2015, IMB Says

    3 February 2016

    As a result of five attacks off Nigeria, kidnappings doubled from nine in 2014 to 19 in 2015, the International Chamber of Commerce (ICC) International Maritime Bureau (IMB) said in its annual piracy report. ICC IMB added that piracy and armed robbery on the world’s seas is persisting at levels close to those in 2014, despite […]