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  • 3 June 2013

    Isn’t that an overoptimistic title for a column about the state of the Dutch economy? What about the daily gloomy articles in the newspapers? Negative growth figures, a high budget deficit, record numbers of business going broke. It is true. The current economic situation is not a good news show. But if we look at […]

  • 28 January 2014
    Business & Finance

    Navig8 Chemical Tankers Inc has signed a contract with Japanese shipyard Kitanihon Shipbuilding for the construction of additional six chemical tankers. The 25,000-dwt vessels are scheduled for delivery in 2016 and 2017. Details on the price for these modern Medium Range tankers were not disclosed. Navig8 Chemical Tankers Inc., a joint venture between Navig8 and […]

  • 28 October 2011
    Business & Finance

    German based owner Bernhard Schulte has agreed to place 7 chemical tankers of 16,500 dwt in Navig8’s BRIZO-8 Pool. The agreement, which comes one year after the Ruth Schulte, a 13,000 dwt chemical tanker joined the Taras-8 Pool, will bring the total count of Schulte vessels in Navig8’s pools to eight. The vessels will be […]

  • 24 May 2017
    Business & Finance, Research & Development, Technology

    Atlantis Resources has raised a total of £4.05 million through the placing of new ordinary shares in the company.

  • 23 January 2013
    Business & Finance

    Vroon announced the order of a newbuilding subsea-support vessel (SSV) at Fujian Southeast Shipyard in China, with an option for another one. The vessel follows the two SSVs built at the Shipyard in 2012 for Vroon Offshore Services (VOS Shine and VOS Sweet). The new vessel, to be named VOS Sugar, is a modern SSV […]

  • 29 July 2010

    Ensco 107 is now jacked up and the cantilever drilling derrick positioned over the wellhead to continue with the drilling program.

  • 30 December 2006

    It’s the season for superyachts. The sumptuous, $146 million yacht Boadicea, reportedly owned by Australian television game show producer Reg Grundy, was yesterday sitting grandly in Omaha Bay, near Wellsford. Meanwhile, a more modest $21m America’s Cup party yacht owned by entrepreneur Eric Watson is to be officially launched next week. The 37m Bacchus was […]

  • 31 July 2015
    Business & Finance

    Afren, an international independent oil exploration and production company, has filed for administration after failing to get support for its refinancing efforts.  According to Afren, the recently completed operational review has led the company to expect materially lower near-term production from its assets as compared to the production level assumed in the restructuring plan announced on […]

  • 29 November 2013

    Gazprom successfully placed two debut issues of exchange bonds (BO-19 and BO-20 series) with a 30-year maturity worth a total of RUB 30 billion at the MICEX Stock Exchange. The raised funds will be appropriated to finance Gazprom’s current activities. The bond issue has become the most long-term instrument for Gazprom in the local debt […]

  • 5 May 2014
    Business & Finance

    The second of the nineteen sponsons was successfully installed on Costa Concordia wreck on May 2nd. Divers from the Italian company Titan Micoperi’s team have been working to prepare for the next installations, in order to be ready to proceed with the planned operations as soon as the necessary authorizations arrive. Costa Crociere and Titan […]

  • 28 January 2016
    Business & Finance

    The European Commission presented the new EU operational guidelines for ships in need of assistance in the aftermath of the MSC Flaminia accident, which occurred in July of 2012. The EU operational guidelines were drafted to ensure better coordination and exchange of information amongst authorities and industry stakeholders involved in the response to an incident concerning […]

  • 21 March 2014

    Prosperity Investment 2011 Limited, a wholly-owned unit of China COSCO Holdings Company, has signed an agreement with Tianjin Xingang Shipbuilding for the construction of eight bulk carriers. According to media reports, COSCO will allocate USD 312 million for four 40,000 dwt (worth USD 99.2 million) and four 180,000 dwt (worth USD 212.8 million) bulkers. Delivery […]

  • 13 February 2015
    Business & Finance

    The World Ocean Council (WOC) has announced that the 3rd Sustainable Ocean Summit (SOS) will be held on 9-11 November, 2015 in Singapore. The SOS is the only international, multi-sectoral, business event dedicated to “Corporate Ocean Responsibility”. This first SOS to be held in Asia, the 2015 event is being developed in collaboration with stakeholders […]

  • 25 June 2012
    Business & Finance

    Russian shipping company Sovcomflot has placed a USD 1 billion order for construction of four seismographic ships with Russia’s United Shipbuilding Corporation (OSC), RIA Novosti writes citing Deputy General Director of OJSC United Shipbuilding Corporation Roman Trotsenko. Speaking at the St. Petersburg International Economic Forum on Friday, Trotsenko stated that the order represents the biggest […]

  • 26 May 2015
    Business & Finance, Equipment, Operations & Maintenance

    The last of the 48 monopiles was installed on May 23 at the Westermeerwind wind farm, located at the IJsselmeer, the Netherlands. The construction kicked off in March this year, marking the setup of the first monopile, weighting about 250 tons. The 35 meters long foundation piles were delivered from Vlissingen to the project site, located […]

  • 13 August 2007

    The Tordis subsea facility now lies safely on the seabed near the Gullfaks field in the North Sea. Lifting the 1,250-tonne structure on the Tordis field started on Sunday 12 August. During Monday 13 August the Saipem S7000 crane vessel completed the operation and left the Tordis field.

  • 29 August 2014

    The image depicts the process of installing the first offshore wind Suction Bucket Jacket on the DONG Energy Borkum Riffgrund 1 offshore wind farm. The installation has been conducted 37 kilometers off the North West coast of Germany, which is the culmination of an effort to overcome one of the key challenges offshore wind farms will […]

  • 21 July 2014
    Storage

    A wedding was celebrated on the Nordsee Ost offshore wind farm construction site of RWE Innogy: This is what the construction process is called when the foundation is successfully married to the substation platform. As a result the sea-based transformer substation and all its electrical components have now been successfully completed. The journey of the […]

  • 29 November 2013
    Business & Finance

    A large black slab now sits atop Britain’s biggest warship as the huge radar antenna was fitted to the superstructure of HMS Queen Elizabeth. The nation’s future flagship now stands 56 metres (183ft) tall – higher than Nelson’s Column – after the enormous Goliath crane lifted the 8.4-tonne long-range radar into place on top of […]

  • 4 November 2014
    Equipment

    A simple yet innovative new tool is set to make waves in the oil and gas industry after successfully undergoing a commercial trial at award-winning subsea training and trials facility, The Underwater Centre. Commercial divers and ROV pilot technicians recently trialled the ‘Waveblade’ while working in Loch Linnhe, simulating a realistic operational environment. Waveblade, a […]

  • 13 August 2015
    Business & Finance, Equipment, Operations & Maintenance

    The first piece of the Johan Sverdrup development has now been completed and installed on the field in the North Sea. The Heerema Marine Contractors’ crane vessel “Thialf” completed the installation of the 280-tonne pre-drilling template on the Johan Sverdrup field. “We have completed and installed the first piece of one of the largest industrial projects […]

  • 4 July 2008

    Maersk Line is pleased to announce that has today the company has signed an agreement with Daewoo Shipbuilding and Marine Engineering Co. Ltd. in Korea for the delivery of 16 container vessels in 2010-12. The vessels have individual capacities of 7,450 TEU (twenty-foot equivalent unit) and they are equipped with reefer plugs enabling them to […]