Oceanteam Power & Umbilical ASA announced today that it has signed a Letter of Intent with Oceanteam Holding B.V. with the objective to purchase its Joint Venture Operations in Mexico.
Eitzen Maritime Services ASA (EMS) today confirms the acquisition of shareholdings in a number of Indian maritime services companies. On 15 May 2007 EMS announced an agreement on this matter, which was subject to due diligence and final board approval. The final share sale and purchase agreement wer
Technip has been awarded by Fort Hills Energy L.P. a contract for the transformation of heavy oil from the bitumen sands of the Fort Hills Oil Sands project. This services contract includes front-end engineering design, detailed engineering, procurement, construction and project management for the p
A replica Viking ship has set sail for Dublin from the Danish port of Roskilde, in an attempt to recreate the voyages undertaken by early Norsemen. The volunteer crew on the 30m-long (100ft) Sea Stallion from Glendalough are recording their experiences on the journey.
Anders Lewander, skipper of Ericsson’s ‘Nordic’ boat in the 2008-09 race, and his crew aboard their 2005-06 entry, have taken line honours in the Swedish long distance classic – the Gotland Runt, starting and finishing from the picturesque island of Sandhamn on the outer rim of the Stockholm archipe
A hi-tech Ministry of Defence (MoD) patrol boat undergoing trials in Devon may be introduced in other navy bases. The 15m (49ft) customised boat would be used for Royal Navy policing, protection and escort duties at bases in Devonport, Portsmouth and the Clyde.
The first warship to be launched at Portsmouth Naval Base for almost 40 years has been commissioned. HMS Clyde, a 262ft (80-metre) offshore patrol vessel, is due to leave for a five-year deployment in the Falkland Islands in August.
Admiral will present two utterly innovative new planing yachts- one 32 meters and the other 35 meters in length—at next boat shows in Cannes and Monte Carlo. The ‘Festival de la Plaisance’ (Cannes, September 12-17, 2007) will host the new Admiral 32, a planning motor yacht 32mt length, launched in J
Ghanaian registered passenger boat has been rescued off the southern coast of Nigeria with over 200 West Africans on board. The MV Pomah Express left the coastal city of Cotonou in Benin Republic some 11 days ago and was heading for Gabon.
Dredging contractor Royal Boskalis Westminster nv has received a large order from the Russian operation Rosstroy for the final phase in the completion of the storm barrier for St. Petersburg. The value of the contract, that will be implemented in joint venture with the German company Hochtief, is ab
Odense Steel Shipyard Ltd. (Odense Staalskibsværft A/S) has entered into agreement with the Hegemann Group of Companies, Germany regarding the sale of Volkswerft Stralsund GmbH. Conclusion of the sale is subject to documentation of the necessary guarantees by the Hegemann Group of Companies, which i
PRISCO Mizar, the largest crude carrier of PRISCO, was named and blessed on June 28, 2007. PRISCO’s managers, business partners, representatives of charter took part in the Naming Ceremony that was held at the Hyundai Heavy Industries Shipyard in Ulsan (Republic of Korea).
Singapore-based Siba Ships Asia, part of the Italian Siba Ships Group, has taken delivery of another panamax bulker, which has been named Cap Bona. The delivery was completed in Shibushi, Japan, on June 25, 2007. The 74,488 dwt vessel was built in 2006 in Hudong shipyard in China, has a service spee
Dongkuk Steel Group, South Korea’s third largest steel maker, plans to build a US$1-bil steel mill in Dung Quat Economic Zone in the central province of Quang Ngai. The group’s planned 300-hectare mill will manufacture steel bars, sheets and other products for domestic sale.
