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Business & Finance

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McDermott’s DSV Hired for Repair Job Offshore UAE
Business & Finance

McDermott’s DSV Hired for Repair Job Offshore UAE

McDermott International, Inc. said that its Dive Support Vessel Thebaud Sea (“DSV”) was recently mobilized for an Emergency Pipeline Repair intervention offshore the United Arab Emirates. This is the third time in recent months that the DSV has been fast-tracked to carry out an emergency response. T

about 12 years ago
McDermott Mobilizes Thebaud Sea for Emergency Pipeline Repair (UAE)
Business & Finance

McDermott Mobilizes Thebaud Sea for Emergency Pipeline Repair (UAE)

McDermott International, Inc. announced that the Dive Support Vessel Thebaud Sea (“DSV”) was recently mobilized for an Emergency Pipeline Repair intervention offshore the United Arab Emirates. This is the third time in recent months that the DSV has been fast-tracked to carry out an emergency respon

about 12 years ago
SGO to Search for Unexploded Ordnance on Sunken Iraqi Oil Tanker
Business & Finance

SGO to Search for Unexploded Ordnance on Sunken Iraqi Oil Tanker

Sterling Global Operations (SGO) has been chosen to provide surface – supplied divers for unexploded ordnance search and removal and salvage operations for the sunken 82,000-ton VLCC (Very Large Crude Carrier) Amuriyah, an Iraqi tanker sunk near Bubiyan Island off the coast of Kuwait in Jan. 1991 du

about 12 years ago
SGO to Provide Divers for VLCC Amuriyah Salvage Operations
Business & Finance

SGO to Provide Divers for VLCC Amuriyah Salvage Operations

Sterling Global Operations (SGO) has been chosen to provide surface – supplied divers for unexploded ordnance search and removal and salvage operations for the sunken 82,000-ton VLCC Amuriyah, an Iraqi tanker sunk near Bubiyan Island off the coast of Kuwait in Jan. 1991 during Operation Desert Storm

about 12 years ago
UAE: Imtech Marine’s New Training Center Becomes Operational
Business & Finance

UAE: Imtech Marine’s New Training Center Becomes Operational

Imtech Marine has expanded its training facilities in the Middle East with a new Training Centre in Sharjah, United Arab Emirates. The training centre, hosted by Imtech Marine’s company Radio Holland Middle East, has started with a type specific ECDIS Training Course for Navigators and Masters to me

about 12 years ago
Boskalis Achieves Record Net Profit of EUR 366 M
Business & Finance

Boskalis Achieves Record Net Profit of EUR 366 M

Royal Boskalis Westminster N.V. achieved revenue of EUR 3.5 billion in 2013 (2012: EUR 3.1 billion). Net profit rose sharply to EUR 366 million (2012: EUR 249 million), partly due to a number of extraordinary items amounting to EUR 97 million post tax. Boskalis intends to distribute a dividend of EU

about 12 years ago
Van Oord Nabs EUR 500 M Land Reclamation Contract (Kuwait)
Business & Finance

Van Oord Nabs EUR 500 M Land Reclamation Contract (Kuwait)

Van Oord has been awarded a land reclamation project in Kuwait. The client is the Kuwait National Petroleum Company (KNPC) and the contract value amounts to approximately EUR 500 million. The project involves the reclamation of land in a ‘sabkha area’ (a salt plain near the coast) for the constructi

about 12 years ago
Van Oord Delivers Strong 2013 Results
Business & Finance

Van Oord Delivers Strong 2013 Results

Van Oord had a better business result in 2013 than in 2012. The year closed with an almost equal turnover of EUR 1,641 million (2012: EUR 1,676 million). At EUR 130 million, the net profit was considerably higher than in 2012 (EUR 98 million), and the company’s order portfolio was similar to the pre

about 12 years ago
Keppel orders cranes from TTS Group
Business & Finance

Keppel orders cranes from TTS Group

The 200 tonne Leg Encircling Crane is based on the design principles of the TTS NMF in-house developed 900 tonne heavy lift offshore crane, which was installed on board the jack-up vessel Aeolus

about 12 years ago
UAE: ADPC’s Maritime Training Center Reports Significant Growth for 2013
Business & Finance

UAE: ADPC’s Maritime Training Center Reports Significant Growth for 2013

The Maritime Training Center of Abu Dhabi Ports Company (ADPC) saw significant growth in 2013. The overall number of course participants rose by 41%, from 192 in 2012 to 271 in 2013. Besides the Channel Familiarisation Course, one of the main programs of the training center, five additional courses

about 12 years ago
DNV GL to Provide QMS Re-Certification for Drydocks World and Maritime World
Business & Finance

DNV GL to Provide QMS Re-Certification for Drydocks World and Maritime World

Drydocks World and Maritime World have reached an agreement with DNV GL and appointed the Classification Society to provide re-certification services for its Quality Management Systems (QMS). DNV GL will be reviewing and auditing Drydocks World & Maritime World Quality Management Systems as per the

about 12 years ago
CHEC Bags Hel Port Dredging Contract (Saudi Arabia)
Business & Finance

CHEC Bags Hel Port Dredging Contract (Saudi Arabia)

China Harbour Engineering Company Ltd. (CHEC) won the bid for Hel Port (the original Zavall Port) expansion phase IV project. The contract amount is over USD 200 million and the time limit for the completion is 31 months. The works will include construction of four new berths with a length of 1058 m

about 12 years ago
Drydocks hires DNV GL to improve efficiency
Business & Finance

Drydocks hires DNV GL to improve efficiency

Drydocks World and Maritime World, a provider of maritime and offshore services to the shipping, oil, gas and energy sectors, today announced that it has reached an agreement with DNV GL and appointed the Classification Society to provide re-certification services for its Quality Management Systems.

about 12 years ago
Tamar partners, Sorek IPP to sign $750M gas sales deal
Business & Finance

Tamar partners, Sorek IPP to sign $750M gas sales deal

Partners in the Tamar offshore field in Israel are expected to enter into a $750 million gas sales agreement with Sorek IPP.

about 12 years ago
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