Search results for: Neptune Marine

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A list of search results

  • 21 October 2019
    Business & Finance, Project & Tenders

    Neptune Marine Services’ shareholders have approved the acquisition of the company by MMA Offshore. MMA will acquire Neptune business through the acquisition of its key operating subsidiaries. This follows the approval of the transaction by the shareholders of MTQ Corporation of Singapore, the parent company of Blossomvale Investments, Neptune Marine Services’ controlling shareholder. MMA Offshore […]

  • 7 November 2019
    Business & Finance

    Australian offshore support vessel company MMA Offshore has completed the acquisition of the business of Neptune Marine Services by acquiring its key operating subsidiaries.

  • 30 March 2012
    Business & Finance

    Neptune Marine Services Ltd notes that effective from today, due to an increased workload in his private investments and commitments, Mr Rob Scott has announced his retirement from the board of Neptune. Neptune’s Chairman Mr Ross Kennan stated, “We are all very grateful for Rob’s significant contribution to Neptune since joining as a director of […]

  • 15 October 2018
    Business & Finance, Operations & Maintenance, Research & Development, Technology, Vessels

    UK-based marine services company Stewart Marine has hired Dutch shipbuilder Neptune Marine to make a bespoke EuroCarrier 2611 vessel for offshore renewable energy services.

  • 26 February 2019
    Business & Finance, Project & Tenders

    Neptune Marine has won an order from Danish salvage and towage company DBB Salvage for two multi-purpose workboats. Neptune Marine will construct the boats at its facility in Aalst, the Netherlands, to its in-house EuroCarrier 2495 design. Delivery is scheduled for June and July 2019 and the vessels are intended for use primarily on construction […]

  • 25 August 2010
    Project & Tenders

    Neptune Marine Services Ltd today announced a 14 month extension to its involvement with the Gorgon Project following the award of two new contracts. Collectively valued at approximately $12 million, the work scopes comprise: – Dive and vessel support services for the Marine and Civil/Murray and Roberts Joint Venture (MMJV) on the new Gorgon LNG […]

  • 24 July 2019
    Business & Finance

    Australian offshore support vessel company MMA Offshore is set to buy its compatriot offshore services provider Neptune Marine Services.

  • 19 February 2016
    Business & Finance, Equipment, Project & Tenders

    Western Advance, distributor for Applied Acoustic Engineering (AAE) in Australia, has recently completed a contract for the supply of one of AAE’s Nexus USBL systems to Neptune Marine Services headquartered in Perth, WA. According to the company, the provision of this system marks the 450th USBL system that AAE has supplied to the subsea industry. […]

  • 12 November 2019
    Business & Finance, Operations & Maintenance

    MMA Offshore has completed the acquisition of the business of Neptune Marine Services by acquiring its key operating subsidiaries. The final purchase consideration of A$18.5 million comprised A$5.0 million in cash and the issue of 67.6 million MMA shares to Neptune Marine Services at an issue price of A$0.20 per share, representing 7.3% of the […]

  • 6 July 2020
    Business & Finance

    Australian offshore contractor Neptune Marine Services has been rebranded to MMA Offshore. This follows MMA’s acquisition of Neptune in November last year. The ASX-listed firm wrapped up the acquisition for the final purchase consideration of A$18.5 million. MMA said the rebrand will enable the combined business to provide a streamlined service moving forward. The company […]

  • 24 November 2010
    Business & Finance

    The Board of Neptune Marine Services Limited  today announced the appointment of Mr Robin King as the company’s acting Chief Executive Officer. Mr King, Neptune’s current Regional Vice President for Australia, New Zealand and PNG, joined Neptune in September 2010 from Technip Subsea 7 (TS7) Asia Pacific where he held the position of CEO. Neptune’s […]

  • 15 July 2011
    Business & Finance, Project & Tenders

      Neptune Marine Services Limited announces it has signed a Memorandum of Agreement for the sale of the vessel, ROV Supporter including the on board remotely operated vehicle (ROV). Under the terms of the agreement, Neptune will sell the Assets for US$2.4 million. The sale proceeds will augment working capital with Neptune now no longer […]

  • 14 February 2012
    Business & Finance, Operations & Maintenance

    Neptune Marine Services Limited announces that  it has sold the Company’s US diving business to a US private equity firm who have previously been an investor in this industry. The buyer will purchase the assets of the business for approximately $0.5 million, with the sale not expected to have a material profit impact for Neptune. […]

  • 14 June 2013
    Business & Finance

    The Board of Neptune announced that Boon Wee Kuah will be Chairman of Neptune Marine Services Limited effective from 14 June 2013. Kuah joined the Board of Neptune on 16 March 2011 and will replace Peter Wallace as Chairman, who will remain as a Non-Executive Director of Neptune. Kuah is a qualified chartered accountant with […]

  • 15 October 2018
    Business & Finance, Operations & Maintenance, Project & Tenders

    UK-based marine services company Stewart Marine has contracted Neptune Marine to build a new EuroCarrier 2611, which is to be named Viking Energy. To meet Stewart Marine’s operational requirements, Neptune will customise the 26-metre long workboat with a DP1 system. The Viking Energy fits in with (owner) Graham Stewart’s vision to deliver a broad range […]

  • 21 October 2019

    Shareholders of Australian offshore services provider Neptune Marine Services have approved the sale of key operating subsidiaries to offshore vessel owner MMA Offshore.

  • 15 July 2011
    Business & Finance

    Neptune Marine Services Limited announces it has signed a Memorandum of Agreement for the sale of the vessel, ROV Supporter including the on board remotely operated vehicle (ROV). Under the terms of the agreement, Neptune will sell the Assets for US$2.4 million. The sale proceeds will augment working capital with Neptune now no longer holding […]

  • 27 February 2019
    Business & Finance, Vessels

    Neptune Marine has won an order from Danish salvage and towage company DBB Salvage for two multi-purpose workboats. Neptune Marine will construct the boats at its facility in Aalst, the Netherlands, to its in-house EuroCarrier 2495 design. Delivery is scheduled for June and July 2019 and the vessels are intended for use primarily on construction […]

  • 2 April 2012
    Business & Finance

    The Board of Directors of MTQ Corporation Limited announces that its wholly-owned subsidiary, Blossomvale Investments Pte. Ltd., has acquired a further 48,040,442 ordinary shares in Neptune Marine Services Limited at an average price of A$0.030 per share at a total consideration of A$1.4 million (approximately S$1.9 million) pursuant to an on-market purchase on the Australian […]

  • 19 April 2011
    Business & Finance

    Neptune Marine Services Limited announced that its wholly owned Singapore subsidiary, Neptune Marine Pacific Pte Ltd (Neptune Pacific), has signed a Memorandum of Agreement with PT Wintermar, of the Indonesian listed PT Wintermar Offshore Marine group, for the sale of the Neptune Trident vessel. Under the terms of the agreement Neptune Pacific will sell the […]

  • 31 August 2011
    Business & Finance, Operations & Maintenance

      Shares in struggling Neptune Marine Services jumped at the open after the company revealed late yesterday its board had rejected a takeover…  The West Australian [mappress] Source: The West Australian, August 31, 2011; 

  • 9 January 2018
    Business & Finance, Project & Tenders

    Neptune Marine together with C-Job Naval Architects has successfully designed and delivered a 200m³ Trailing Suction Hopper Dredger (TSHD), the EuroHopper 200. Representing a new design for the yard’s portfolio, the vessel’s engineering package was a collaborative effort between the two companies. “After receiving an initial 3D design from Neptune, we started with the naval architecture, […]