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Business & Finance

Greece: Navios Partners Purchases Capesize Vessel with Eight Year Charter
Business & Finance

Greece: Navios Partners Purchases Capesize Vessel with Eight Year Charter

Navios Maritime Partners L.P. (Navios Partners), an owner and operator of dry cargo vessels, announced yesterday that it has purchased from Navios Maritime Holdings Inc. the Navios Buena Ventura, a 2010 South-Korean-built Capesize vessel of 179,259 dwt for $67.5 million cash consideration of which $

about 14 years ago
UK: Wyre Tidal Energy to Fight Gas Storage Company
Business & Finance

UK: Wyre Tidal Energy to Fight Gas Storage Company

The company that is planning to construct a tidal barrage on the River Wyre estuary says they are ready to fight gas storage company. Namely, the Wyre Tidal Energy has been established to promote and deliver the construction of a tidal barrage across the Wyre Estuary to produce renewable electricity

about 14 years ago
Kongsberg to Supply Simulators for South Tyneside College (UK)
Business & Finance

Kongsberg to Supply Simulators for South Tyneside College (UK)

Kongsberg Maritime has been chosen to supply a suite of upgraded navigation, engine room and Vessel Traffic Service (VTS) simulator hardware and software for an extensive facilities upgrade to the School of Simulation & Senior Marine at South Tyneside College. The upgrade project is being carried ou

about 14 years ago
UK: Peel Ports Records Strong Barge Service Growth
Business & Finance

UK: Peel Ports Records Strong Barge Service Growth

Peel Ports has boosted capability on its Liverpool-Manchester barge service, and port infrastructure at its Irlam Container Terminal, through the introduction of a new coaster vessel and investments in a new harbour mobile crane. The arrival of the 160 TEU vessel Monica and a 40 tonne Liebherr mobil

about 14 years ago
UK’s Rolls Royce to Power Largest Ever Construction Vessel
Business & Finance

UK’s Rolls Royce to Power Largest Ever Construction Vessel

The Pieter Schelte features a unique design concept with a displacement at full load of nearly 900,000 tonnes. It is capable of lifting 48,000 tonnes and the pipelay tension capacity will be 2,000 tonnes, doubling the capacity of the world’s current largest pipelay vessel, Allseas’ Solitaire.

about 14 years ago

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UK: Sonardyne’s Director Presents at 50th MMF
Business & Finance

UK: Sonardyne’s Director Presents at 50th MMF

This month saw the 50th Marine Measurement Forum (MMF) take place at Portsmouth Historic Dockyard on Tuesday 12th June where Sonardyne International Ltd’s Engineering Director, Simon Partridge, was invited to present. Held within the prestigious Princess Royal Gallery at the National Museum of the R

about 14 years ago
UK’s Rolls-Royce to Power World’s Largest Construction Vessel
Business & Finance

UK’s Rolls-Royce to Power World’s Largest Construction Vessel

Rolls-Royce, the global power systems company, has delivered 13 large azimuth thrusters to the world’s largest construction vessel, currently being built at Daewoo Shipbuilding & Marine Engineering, South Korea for Swiss ship owner and operator Allseas Group. The contract is worth around £18 million

about 14 years ago
Deepsea Bergen Rig Stays with Statoil for Five More Years (Norway)
Business & Finance

Deepsea Bergen Rig Stays with Statoil for Five More Years (Norway)

Statoil has informed Odfjell Drilling that it is exercising the option for maximum duration of the new drilling contract, which means that Deepsea Bergen will be drilling on the Norwegian continental shelf for another five years. This autumn, the rig will be modified for drilling production wells on

about 14 years ago
UK: Eni, Oil States Industries to Use Plexus’ POS-GRIP Technology
Business & Finance

UK: Eni, Oil States Industries to Use Plexus’ POS-GRIP Technology

Plexus Holdings PLC, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP® method of wellhead engineering, announces that Eni S.p.A, the Italian oil and gas major, and Oil States Industries Inc. a subsidiary of Oil States International Inc., a leading USA ma

about 14 years ago
Norway: Another Five Years for Deepsea Bergen
Business & Finance

Norway: Another Five Years for Deepsea Bergen

Statoil has informed Odfjell Drilling that it is exercising the option for maximum duration of the new drilling contract, which means that Deepsea Bergen will be drilling on the Norwegian continental shelf for another five years. This autumn, the rig will be modified for drilling production wells on

about 14 years ago

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More Work for Aibel on Norne Vessel (Norway)
Business & Finance

More Work for Aibel on Norne Vessel (Norway)

Aibel is to carry out even more work on the Norne vessel in connection with the fast-track development of the Skuld field. Statoil has exercised several options in the contract at a total value for Aibel of around NOK 150 million (USD 25 million) . “The contract will be extended by eleven months and

about 14 years ago
Greece: Navios Maritime Holdings Sells Navios Buena Ventura
Business & Finance

Greece: Navios Maritime Holdings Sells Navios Buena Ventura

Navios Maritime Holdings Inc., a global, vertically integrated seaborne shipping and logistics company, announced yesterday that it has sold the Navios Buena Ventura, a 2010-built Capesize vessel of 179,259 dwt, to Navios Maritime Partners L.P. for a $67.5 million cash consideration. Navios Holdings

about 14 years ago
UK: Gardline Equips Its Survey Vessels with Sonardyne’s Latest Acoustic Technology
Business & Finance

UK: Gardline Equips Its Survey Vessels with Sonardyne’s Latest Acoustic Technology

Leading marine contractor Gardline Geosurvey has selected Sonardyne International’s Ranger 2 USBL tracking system as part of a multi vessel upgrade programme. By equipping its survey vessels with Sonardyne’s latest generation acoustic technology platform, Gardline will now benefit from Ranger 2’s ab

about 14 years ago
Subsea 7 to Supply Pipeline Bundle for UK North Sea Project
Business & Finance

Subsea 7 to Supply Pipeline Bundle for UK North Sea Project

Steph McNeill, Subsea 7’s Vice President, UK and Canada said: “We are pleased to be awarded this major pipeline project with this client, which builds upon our unique bundle technology.”

about 14 years ago