Business & Finance
Babcock Begins Second Assembly Cycle on UK’s QE Class Aircraft Carrier
A further milestone has been reached in the assembly of the first of the UK’s new Queen Elizabeth Class aircraft carriers by Babcock at Rosyth, where the massive Super Block 03 (SB03) has been moved 90 metres north to meet Lower Block 02 (LB02) in a major hydraulic skidding operation, as part of Ass
Ultrabulk Orders New ECO-Designed Handysize Bulker (Denmark)
Ultrabulk has placed an order with a major Japanese ship yard for the construction and delivery of one new generation super ECO-designed handysize bulker of 38,000tdw size for delivery in 2014, with Ultrabulk’s option to extend the order with one additional vessel. The vessel(s) will be equipped wit
Hydrex Teams Provide Underwater Operations
In a period of only ten days Hydrex diver/technician teams have flown all over the planet to perform a wide range of underwater operations on five different continents. The services offered ranged from routine inspections and maintenance work all the way through to highly technical major repairs. Am
Oil & Gas UK CEO: Britain’s Offshore Oil and Gas Industry is Well Worth Supporting
Oil & Gas UK’s 2012 Economic Report, published today (5 July), highlights how constructive engagement between the Government and industry on the stewardship of the UK’s oil and gas resource over the last twelve months has succeeded in promoting investment and increasing the reserves planned for reco
Germany: EnBW to Create Financial Headroom for Offshore Wind Expansion
EnBW Energie Baden-Württemberg AG (EnBW) has successfully performed the capital increase adopted by resolution on 14 June 2012. In total, 26,598,504 new no-par value bearer shares were purchased at a subscription price of € 30.90 each in return for cash contributions. Gross issue proceeds thus amoun
UK: Hutton’s Merges to Advance Offshore Supply Chain
Hutton’s, the UK’s leading ship supplier, is to merge with Harbour Chandlery Marine Services (HCMS) and in that way advance its offshore industry supply chain. Harbour Chandlery Marine Services is a Norfolk-based specialist supplier of commercial services to the offshore industry. The company will n
Norway: Aalesund Data AS Awarded Contract with Farstad ASA
Farstad Shipping ASA has as of June 2012, granted a contract to Aalesund Data AS for the delivery of Itrust Bandwidth Optimizer (IBO) solution onboard its fleet of over 50 ships. Aalesund Data AS has worked closely with Farstad ASA in the process of testing and customization of the IBO solution for
All Production on the NCS Stops on Monday!
Statoil is preparing to shut down production on the Norwegian continental shelf (NCS) following a notice of lockout. The Norwegian Oil Industry Association (OLF) announced today that a lockout will be imposed on all members of Industry Energy (Industri Energi), the Organisation of Energy Personnel (
Second Amphibious Ship LHD Launched at Navantia Shipyard, Spain
Minister for Defence Stephen Smith and Minister for Defence Materiel Jason Clare today announced the launch of the second Landing Helicopter Dock (LHD) at the Navantia shipyard in Spain. The launch represented a major milestone in the shipbuilding process and was attended by the Chief of Navy, Vice
Scottish Water Solutions Project Shows Good Results
The citizens from Shapinsay, Scotland, will receive clearer, fresher water supplies thanks to a subsea pipeline project, Trenchless International reports. This £3.1 million Scottish Water Solutions project included drilling of a 300 mm diameter hole under the seabed over a distance of 2 km. This is
NSF Charters Vladimir Ignatyuk to Support U.S. Research Stations in Antarctica
The National Science Foundation (NSF) announced on July 3 that it will exercise an option for chartering the diesel icebreaker Vladimir Ignatyuk from Russia’s Murmansk Shipping Company. The Ignatyuk will again create a channel through the sea ice of Antarctica’s McMurdo Sound needed to resupply and
Dockwise Now Holds 93.63 pct of Fairstar Shares (The Netherlands)
Dockwise, a marine transport services provider headquartered in Breda, The Netherlands, has announced that, through its wholly-owned subsidiary Dockwise White Marlin B.V., Dockwise now controls 93.63% of the outstanding shares of Fairstar Heavy Transport N.V. (“Fairstar”). Following various trades y
VOSCF Installs GBS Offshore Sakhalin Island (Russia)
This week VOSCF, a joint venture between Sovcomflot and Van Oord, successfully installed a Gravity Based Structure (GBS) for the offshore platform Berkut in the Arkutun Dagi field offshore Sakhalin Island. The GBS was designed and constructed by Kvaerner in the Russian mainland port of Vostochny in
Chapman Freeborn Gains FPAL Accreditation for Oil and Gas Industry Services (UK)
Chapman Freeborn Airchartering has joined the FPAL community – an industry-governed supplier management system for the oil and gas industry. Following the successful completion of the application process, the global aircraft charter specialist is now fully registered as an FPAL supplier – making its