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Business & Finance

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ADOC awards $310M contract for Hail field development
Business & Finance

ADOC awards $310M contract for Hail field development

Japanese oil company with assets in the UAE, Abu Dhabi Oil Company Limited (ADOC), has awarded Técnicas Reunidas a new contract for the Early Production Facilities in the Hail field, offshore Abu Dhabi. The field is situated on the Mubarraz Island and its surroundings in the vicinity of Abu Dhabi. T

about 11 years ago
Study: Half of OSV Crews Would Rather Compromise Safety than Say ‘No’ to Clients
Business & Finance

Study: Half of OSV Crews Would Rather Compromise Safety than Say ‘No’ to Clients

Some 50% of crews working on offshore support vessels are willing to compromise safety rather than say ‘no’ to clients or senior management, a report on workboat and OSV safety commissioned by operations and maintenance management software specialist Helm Operations finds. The independent report sum

about 11 years ago
Study: Half of OSV Crews Would Rather Compromise Safety than Say ‘No’ to Clients
Business & Finance

Study: Half of OSV Crews Would Rather Compromise Safety than Say ‘No’ to Clients

Some 50% of crews working on offshore support vessels are willing to compromise safety rather than say ‘no’ to clients or senior management, a report on workboat and OSV safety commissioned by operations and maintenance management software specialist Helm Operations finds. The independent report sum

about 11 years ago
OPITO Unveils Global Oil and Gas Safety Awards Finalists
Business & Finance

OPITO Unveils Global Oil and Gas Safety Awards Finalists

OPITO has revealed the shortlist of finalists for its Annual Global Oil and Gas Workforce Safety Awards. McDermott in Dubai, INSTEP/PETRONAS in Malaysia and OSRL in the UK are vying for the Employer of the Year title. The winners will be announced at the OPITO Safety and Competency Conference (OSCC)

about 11 years ago
First contract for SESV GMS Scirocco
Business & Finance

First contract for SESV GMS Scirocco

Gulf Marine Services, a provider of self-propelled self-elevating support vessels (SESVs) serving the offshore oil, gas and renewable energy sectors, has announced that the newly-built GMS Scirocco has been completed and has been awarded its first contract. GMS says the vessel will start a four-mont

about 11 years ago
Vard to Build Two OSCVs for Topaz
Business & Finance

Vard to Build Two OSCVs for Topaz

Vard has secured new contracts for the design and construction of two Offshore Subsea Construction Vessels (OSCV) for a new customer, Dubai-based Topaz Energy and Marine (Topaz). Developed for crane operations and light subsea construction with intervention duties, the vessels will be of VARD 3 08 d

about 11 years ago
Readers’ Picks of the Week (Sep. 21st – 25th)
Business & Finance

Readers’ Picks of the Week (Sep. 21st – 25th)

Höegh Autoliners Confirms Weapons Found on Its Ship Norwegian shipping company Hegh Autoliners has confirmed that its vessel Hegh Transporter which is currently berthed at Mombasa Kenya carried a consignment of United Nat… Read More Cocaine Found on board German Boxship The Mexican navy found some 1

about 11 years ago
Readers’ Picks of the Week (Sep. 21st – 25th)
Business & Finance

Readers’ Picks of the Week (Sep. 21st – 25th)

Höegh Autoliners Confirms Weapons Found on Its Ship Norwegian shipping company Hegh Autoliners has confirmed that its vessel Hegh Transporter which is currently berthed at Mombasa Kenya carried a consignment of United Nat… Read More Cocaine Found on board German Boxship The Mexican navy found some 1

about 11 years ago
Low Idle Boxship Fleet Masks Global Overcapacity Issues
Business & Finance

Low Idle Boxship Fleet Masks Global Overcapacity Issues

This year’s idle container ship fleet of above 500 TEUs has fallen to the lowest level recorded since 2011 but there is still a significant amount of hidden excess capacity, according to Alphaliner. The 500 TEU+ idle container ship fleet averaged only 310,000 TEUs for the first nine months of 2015,

about 11 years ago
Low Idle Boxship Fleet Masks Global Overcapacity Issues
Business & Finance

Low Idle Boxship Fleet Masks Global Overcapacity Issues

This year’s idle container ship fleet of above 500 TEUs has fallen to the lowest level recorded since 2011 but there is still a significant amount of hidden excess capacity, according to Alphaliner. The 500 TEU+ idle container ship fleet averaged only 310,000 TEUs for the first nine months of 2015,

about 11 years ago
IMO: Bauxite Liquefaction Sank Bulk Jupiter
Business & Finance

IMO: Bauxite Liquefaction Sank Bulk Jupiter

The International Maritime Organization (IMO) has warned of the possible dangers of liquefaction associated with carriage of bauxite, following consideration of findings from the investigation into the loss of the 2006-built bulk carrier Bulk Jupiter in January 2015. The Bahama-flagged Bulk Jupiter

about 11 years ago
IMO: Bauxite Liquefaction Sank Bulk Jupiter
Business & Finance

IMO: Bauxite Liquefaction Sank Bulk Jupiter

The International Maritime Organization (IMO) has warned of the possible dangers of liquefaction associated with carriage of bauxite, following consideration of findings from the investigation into the loss of the 2006-built bulk carrier Bulk Jupiter in January 2015. The Bahama-flagged Bulk Jupiter

about 11 years ago
Readers’ Picks of the Week (14-18th Sept)
Business & Finance

Readers’ Picks of the Week (14-18th Sept)

Dynagas Seals Yamal LNG Charter Deal for Nine LNG Carriers Owner of LNG carriers Dynagas Holding Ltd Dynagas has entered into long term time charter agreements for five ARC7 and four ARC4 liquefied natural gas carriers for the Ya… Read More Global Maritime Investments Files for Chapter 11 Global Mar

about 11 years ago
Readers’ Picks of the Week (14-18th Sept)
Business & Finance

Readers’ Picks of the Week (14-18th Sept)

Dynagas Seals Yamal LNG Charter Deal for Nine LNG Carriers Owner of LNG carriers Dynagas Holding Ltd Dynagas has entered into long term time charter agreements for five ARC7 and four ARC4 liquefied natural gas carriers for the Ya… Read More Global Maritime Investments Files for Chapter 11 Global Mar

about 11 years ago
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