Business & Finance
Russia: Baltic Shipyard Launches Fourth BFC’s Oil Tanker
Baltic Shipyard held an official launching and naming ceremony on June 19, 2012 for the fourth vessel in a series of non-self-propelled oil tankers of 2734 Project, built under order of the group of companies “Baltic Fuel Company” (BFC). The vessel was named “Ksenia”. Construction of the four tanker
Statoil: Global Energy Demand to Increase 40 pct Towards 2040
Today Statoil launches its annual outlook for global economics and energy markets – Energy Perspectives 2012. It foresees significant progress for energy efficiency, but global energy demand is still expected to increase by more than 40 per cent towards 2040. Fossil fuels account for the majority of
Greece: TOP Ships Charters Out M/V “EVIAN”
TOP Ships Inc., an international maritime shipping company that provides transportation services for crude oil, petroleum products, and dry bulk commodities, announced today that it entered into a bareboat agreement to charter out the M/V “EVIAN” up to 15 December 2014 at a daily rate of US$ 7,000.
Kvaerner Verdal Reports Management Changes (Norway)
As part of the development of the jackets business towards operational excellence, Nina Udnes Tronstad steps down from her position as Executive Vice President for the Jackets business area and President of Kvaerner Verdal A/S. Senior Vice President Sverre Myklebust will as of today act in both posi
Gassco Carries Out Modification on Ekofisk-Emden Gas Pipeline
Gassco AS has received consent to carry out modifications on the Ekofisk-Emden gas pipeline in connection with the phase-out of the B-11 compressor facility. Based on studies carried out by Gassco, a decision has been made to route the gas pipeline from Ekofisk to Emden (Norpipe) outside the B-11 co
Management Changes in Kvaerner’s Jackets Division (Norway)
As part of the development of the jackets business towards operational excellence, Nina Udnes Tronstad steps down from her position as Executive Vice President for the Jackets business area and President of Kvaerner Verdal A/S. Senior Vice President Sverre Myklebust will as of today act in both posi
Bermuda Container Line’s Oleander Winner of 2012 Safety at Sea Awards (UK)
On the evening of 14th June the winners of the annual Safety at Sea Awards for 2012 presented by Safety at Sea magazine were announced, and awards presented, at a reception held onboard the WW2 cruiser HMS Belfast in London. There were seven awards given in total covering areas such as equipment, tr
Dockwise Reports New Contracts Worth USD 85 Mln (The Netherlands)
The Netherlands based heavylift and transportation specialist, Dockwise Ltd., today announces near USD 85 million backlog additions in new contracts, bringing total for this quarter to approximately USD 102 million. Dockwise was awarded fifteen short term contracts, mainly for execution in Q2 and Q3
BOURBON Establishes New Financing (France)
To support its growth and finance its investment program for new vessels, BOURBON announces the establishment of new financing for a total of 420 million euros. The financing takes the form of a new Club Deal for a total of 240 million euros with a syndicate of 8 French banks on one hand and on [&he
Norway: DOF ASA Makes Board Changes
Britt Mjellem has today informed the Chairman that she is resigning as Board member of DOF ASA. Britt Mjellem resigns at her own request, given that she will assume a leading position in a competing company. The company thanks Britt for her efforts and contributions as a Board member for several yea
The Netherlands: Amels Shipyard Hosts Christening of SEA RHAPSODY Superyacht
The new 65-metre SEA RHAPSODY was christened at the Amels shipyard in Vlissingen, Holland, on Friday 20 April 2012. The Dutch superyacht builder delivered SEA RHAPSODY on time and the owners are looking forward to starting their yachting season in the Mediterranean as planned. More than 600 people w
Russia: MMC Norilsk Nickel Improves Cargo Transportation Efficiency
OJSC MMC Norilsk Nickel announces that the Company’s cargo transportation efficiency has improved. Fleet modernization and further optimization of container transportation with respect to cargoes shipped from Dudinka made it possible to improve performance specifications of the vessels and reduce ha
UK: Coastline Surveys Names New Hydrographic Services Division Manager
Coastline Surveys announces the appointment of Andrew Johnson as Hydrographic Services Division Manager. Andy has amassed a wealth of experience during his professional 25 year career in the marine industry worldwide. Andy has particular talents and enthusiasm in team building, business development
Norway: TTS to Deliver Subsea Crane to Olympic Shipping AS
Through its fully owned subsidiary TTS Offshore Handling Equipment AS, Bergen-Norway, TTS Group ASA has been awarded the first of two options. The called option is worth between 65 – 70 MNOK. The contract with Kleven relates to new build no. 362 for delivery to Olympic Shipping AS. TTS will deliver