1959 results found for 'cygnus'

1959 results found for 'cygnus'
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  • World’s largest double-ended hybrid ferry named in UK

    27 July 2023
    Green Marine, Vessels

    P&O Pioneer, the world’s largest double-ended hybrid ferry, was officially named on Wednesday at a ceremony hosted by British ferry operator P&O Cruises in Dover, the UK. China’s Guangzhou Shipyard International (GSI) delivered the vessel at the end of February. It is the first of two identical purpose-built “Fusion Class” sister-ships ordered for the Dover […]

  • Statoil Hires West Aquarius Rig for Work Offshore Canada

    15 May 2012
    Business & Finance

    Statoil has reached an agreement to use Seadrill’s West Aquarius deepwater drilling rig for Statoil’s 2012-2013 exploration activities offshore Newfoundland, Canada. “We have ambitious exploration targets offshore Newfoundland, and securing rig capacity is essential for reaching those targets,” says Geir Richardsen, head of Exploration for Statoil in Canada. “We look forward to putting this rig’s […]

  • Norway: Havyard Secures Major Contract for Construction of Subsea Vessel

    10 February 2012
    Business & Finance

    Forland Shipping and Havyard Group have agreed on a major new contract for the construction of a subsea vessel. The Herøy-based company Havyard Group AS has secured a new and prestigious subsea contract with a brand new customer. Forland Shipping`s main offices are located just south of Bergen and is a privately owned shipping company […]

  • Saipem wins Coral offshore drilling deal, and more

    2 June 2017

    Italian energy company Eni has hired Saipem for an offshore drilling campaign in Mozambique, using the drillship Saipem 12000. The award comes as part of Eni’s sanction of the giant Coral FLNG project development, announced on Thursday. The contract is of 15 months’ duration starting mid-2019. It includes options up to a maximum of 45 months, […]

  • Fairmount Tugs Tow Tamar Jacket in Mediterranean Sea

    30 January 2013
    Business & Finance

    Tugs Fairmount Summit and Fairmount Alpine have delivered the new build Noble Tamar jacket at location in the Tamar gas field in the Eastern Mediterranean. Both tugs towed the barge on which the jacket was loaded from the US to the field South-East of Cyprus. The 18,500 ton jacket was build in the US. In […]

  • Wärtsilä Clinches Accommodation Rig Job in China

    17 April 2013
    Business & Finance

      Wärtsilä, the marine industry’s leading solutions and services provider, will supply a comprehensive, fully integrated power, propulsion and positioning system for a DP3 Dynamically Positioned offshore accommodation rig being built in China. The contract was signed in January with Cosco (Qidong) Offshore Co. Ltd, the yard building the vessel for Singapore based Axis Offshore. […]

  • SIU Canada Urges Algoma Tankers to Stop Strike Breaking

    27 October 2017
    Business & Finance

    The Seafarers’ International Union of Canada (SIU) has called on shipping company Algoma Tankers to “cease illegal strike breaking”. Namely, after Canadian officers commenced legal strike actions on October 21, Algoma Tankers Limited temporarily employed foreign workers in Canada. The SIU has also contacted the federal department of Economic & Social Development Canada (ESDC), as the […]

  • Rystad: Exxon’s Guyana finds push oil & gas discoveries to four-year high in 2019

    10 January 2020

    The world’s oil and gas explorers have discovered 12.2 billion barrels of oil equivalent (boe) in 2019, the highest volume since 2015, according to estimates by energy intelligence firm Rystad Energy.

  • Songa Offshore Reports 4Q Net Loss of $218.9 million

    25 February 2013
    Business & Finance

    Songa Offshore SE, a Cyprus-headquartered offshore drilling contractor, reports operating revenue for the fourth quarter 2012 of USD 134.6 million and an EBITDA of USD 41.8 million. Net loss for the quarter is USD 218.9 million, including the recognition of an impairment loss of USD 213.3 million.  “We have put a couple of very challenging […]

  • Gunvor, Oceangold & Maas Capital Order 6 Tankers via New JV

    22 May 2018
    Business & Finance

    Gunvor Group, Oceangold Tankers and Maas Capital form a new ship holding company.

  • Seattle Court Convicts Shipping Firms of Dumping Oily Waste

    21 June 2016
    Business & Finance

    The owners and operators of the Greek 735-foot bulk carrier Gallia Graeca and two engineers from the ship were convicted in U.S. District Court in Seattle of 12 felony counts related to their dumping of oily waste at sea, according to data released by the US Coast Guard. The ship operator, Panama-based company Angelakos Hellas S.A., the […]

  • IMO Assembly Elects New 40-Member Council

    4 December 2017
    Rules & Regulation

    The Assembly of the International Maritime Organization (IMO) has elected new members of its council for the 2018-2019 biennium. Category (a) includes ten states with the largest interest in providing international shipping services: China, Greece, Italy, Japan, Norway, Panama, Republic of Korea, Russian Federation, United Kingdom, United States. Category (b) comprises ten states with the […]

  • Subsea 7 Becomes Sole Owner of Seaway Heavy Lifting

    13 March 2017
    Business & Finance

    Subsea 7 acquired 50% stake in Seaway Heavy Lifting (SHL) from K&S Baltic Offshore (Cyprus) on 10 March. SHL was a joint venture company in which Subsea 7 held a 50% interest, hence the company is now a wholly-owned subsidiary of Subsea 7.

  • Scana Sells Parts of Its Business to HitecVision

    17 March 2014
    Business & Finance

    Scana Industrier ASA (“Scana”) has signed an agreement regarding sale of the daughter companies Scana Offshore Services Inc, Scana Offshore Technology AS and the service part of Scana Offshore Vestby AS. All these companies are a part of the business area Scana Offshore. The buyer is HitecVision fond VI. Scana Offshore Services was bought in […]

  • Seatronics and SES team up to increase subsea equipment rental reach

    8 June 2021
    Business & Finance, Business Developments & Projects

    Subsea equipment rental company Seatronics, an Acteon company, and hydrographic equipment provider Subsea Europe Services (SES) have signed a reseller agreement to expand subsea equipment rental reach.

  • Highlights of the Week

    29 October 2017
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    Subsea World News has put together a recap of the most interesting articles from the previous week (October 23 – October 29). Heerema Marine Contractors (HMC) has announced intention to implement a restructuring of the company with approximately 250 jobs lost. The restructuring is related to the continuing low oil price and historic low investments […]

  • Finland: Wärtsilä to Supply Integrated Solution for New Diving Support & Construction Vessel

    7 June 2011
    Business & Finance, Project & Tenders

    Wärtsilä, the marine industry’s leading systems integrator, has been awarded the contract to supply an integrated solution for power generation, power distribution, and propulsion for a new Diving Support & Construction Vessel (DSCV) currently under construction in Singapore. The order has been placed by Keppel Singmarine, the Singapore based builder of the vessel. The contract […]

  • LNG-Powered Ships to Get 30% Off Port Tariff at Gothenburg

    30 June 2014
    Business & Finance

    Ships powered by LNG (liquefied natural gas) can expect a substantial reduction in the port tariff when they call at the Port of Gothenburg. The discount will come into effect in 2015 and will continue for four years. The aim is to induce more shipping companies to switch to cleaner fuel. Magnus Kårestedt, Chief Executive […]

  • Forland finds work for Inspector vessel just as Fugro gig slips away

    3 August 2017
    Business & Finance

    Forland Subsea has entered into a time charter party for the Forland Inspector vessel, formerly known as Lewek Inspector, right after it lost a contract for its only other vessel, the Fugro Saltire. Namely, Forland on Wednesday informed that Fugro had terminated its time charter for the 2008-built Fugro Saltire multi-purpose offshore vessel. As reported by […]

  • Norway: Bergen Group Appoints Terje Arnesen as New CEO

    30 June 2011
    Business & Finance

    The Board of Directors in Bergen Group ASA has appointed Terje Arnesen as the new CEO of the company. Arnesen has been acting in the position since 1 June 2011 when he took over from Pål Engebretsen. “We are very pleased that Terje Arnesen has agreed to take responsibility as CEO of Bergen Group. Arnesen […]

  • PHOTO: Second Johan Sverdrup jacket named at Kvaerner’s yard

    2 March 2018
    Project & Tenders

    Norwegian offshore structures builder Kvaerner has named the second jacket meant for Statoil’s Johan Sverdrup development located in the North Sea, 160 kilometers west of Stavanger. In a social media update on Thursday Kvaerner shared images from the christening ceremony held at its Verdal shpyard in Norway. The jacket’s godmother Synne Magnus named it Vilje, the […]

  • Vattenfall Wins Dutch Zero Subsidy Offshore Wind Tender

    19 March 2018
    Authorities & Government, Business & Finance, Project & Tenders

    The Dutch Ministry of Economic Affairs and Climate Policy has selected Vattenfall as the winning bidder in the country’s first non-subsidized offshore wind tender – the 700MW to 750MW Hollandse Kust Zuid I & II.

  • Tanker Owners: Not an Endangered Species Yet

    10 October 2017

    The shifting winds in the oil industry heralding a decline in oil demand amid global shift to renewable sources of clean energy do not necessarily mean that the need for transporting oil and oil products would disappear anytime soon, it was heard at a panel held within the framework of the Maritime Cyprus 2017 conference in […]

  • Yara and Linde to build green hydrogen plant in Norway

    28 January 2022
    Business Developments & Projects, Project & Tenders

    Environmental solutions firm Yara and engineering major Linde have joined in on the construction of a 24 MW green hydrogen demonstration plant at Yara’s ammonia production facility in Norway.

  • BlueWise Marine names three new board members

    12 December 2022
    Business & Finance, Business Developments & Projects, Human Capital, Outlook & Strategy

    Ireland-headquartered BlueWise Marine, servicing the marine and offshore renewable industries, has appointed three new members to its board of directors. BlueWise Marine appointed Rogerio Chumbinho, Mairéad Elliott and Louise O’Boyle to the board. Chumbinho has held the position of Senior Project Manager at the company since 2014 and is said to play a key role […]