Business & Finance
UK: QinetiQ Re-Commissions Hyperbaric Trials Unit
QinetiQ, who lead the world in the provision of Submarine Escape, Rescue, Abandonment & Survival (SMERAS) Support Services and Diving & Life Support Services, has re-commissioned its Hyperbaric Trials Unit (HTU) following an extensive refit. The HTU joins an array of specialist equipment that forms
UK: Antrim Energy Gets Extension for Fyne FDP Submission
Antrim Energy Inc., Antrim, an international oil and gas exploration and production company headquartered in Calgary, Canada, announced it has been granted an extension for the submission of a Field Development Plan (“FDP”) for the Fyne Field in UK Central North Sea licence P077 Block 21/28a (the “F
Voith’s New VWT ‘Ilan’ Completes Sea Trials (Germany)
Recently, the new Voith Water Tractor (VWT) “Ilan” underwent its official sea trial achieving a speed of 13.5 knots and a bollard pull of 73.5 tons: much to the satisfaction of the operator, the Haifa port authority, which decided in favor of the VWT due to its precise maneuvering capabilities. Each
UK: Antrim Gets Extension for Fyne FDP Deadline
Antrim Energy Inc. Antrim, an international oil and gas exploration and production company headquartered in Calgary, Canada, today announced it has been granted an extension for the submission of a Field Development Plan (“FDP”) for the Fyne Field in UK Central North Sea licence P077 Block 21/28a (t
Germany: FSG Shipyard to Build CMAL’s New Cutting-Edge Ferry
Caledonian Maritime Assets Limited (CMAL) has on 8th June announced that Lloyds Banking Group plc (LBG) will provide financing for a replacement vessel for the Stornoway to Ullapool route and has named Flensburger Schiffbau-Gesellschaft MBH & Co. KG (FSG), Germany as the preferred shipyard for the d
Greece: Box Ships to Acquire Two Post-Panamax Container Vessels
Box Ships Inc., a global shipping company specializing in the seaborne transportation of containers, announced that it has entered into agreements with subsidiaries of Orient Overseas Container Line Ltd. (OOCL) to acquire two 5,344 TEU post-Panamax container vessels, the 1995-build OOCL Hong Kong an
UK: Cairn to Acquire Nautical for USD 644 Million
Cairn and Nautical have reached agreement on the terms of a recommended cash offer to be made by Capricorn (a subsidiary of Cairn) for the entire issued and to be issued share capital of Nautical. Under the terms of the Offer, Nautical Shareholders will be entitled to receive 450 pence in cash for e
Sweden: Pallas Equips Vessels with ‘Green Power Connection’
Pallas Shipping has decided with its customers to connect their vessels to green power when the ships at berth for unloading or loading. The company has already begun this effort and MT Pallas equipped with shore power, and the purchase of green electricity. Green electricity means that Pallas Shipp
UK: Intertek Launches Cable Optimisation Service
Intertek’s Energy and Water consultancy services (formerly Intertek METOC), has launched a cable optimisation service to support planning and operation of array, export and interconnector cables. The unique modelling service will enable developers and utilities to save time and cost during array cab
Norway: Bret Shanahan, New President of Emerson’s Roxar Business
Emerson Process Management has named Bret Shanahan president of its Roxar business unit. Bret has worked for 22 years in engineering, operations, sales, and management in the areas of flow technologies and instrumentation, predominantly within Emerson’s Rosemount business unit. Prior to taking up th
Norway: PSA Inspects Emergency Preparedness for Knarr FPSO
The Petroleum Safety Authority Norway (PSA) conducted an audit of Teekay Petroljarl’s (TKPJ) planning and establishment of emergency preparedness for Knarr FPSO on 29 May 2012. As part of the development of the Knarr field outside western Norway, BG Norge has awarded TKPJ a contract for construction
The Netherlands: APM Terminals Orders Quay Cranes from Cargotec
Cargotec has received a significant order from APM Terminals to supply eight Kalmar super quay (ship-to-shore) cranes and two Kalmar barge quay cranes to the company’s Maasvlakte II expansion project. The order is one of Cargotec’s largest port equipment orders in recent years. The cranes will be de
Cargotec Introduces Its Unique Process Automation Capabilities at TOC Europe
Cargotec introduces its unique process automation capabilities at this year’s TOC Europe exhibition in Antwerp, Belgium, on 12-14 June. Cargotec SmartPort is a collection of pre-integrated process automation solutions from Cargotec, Navis and strategic partners, ensuring the best possible fit for an
UK: Tyne and Wear Marine Conducts Survey with Tritech’s StarFish
Subsea UK reports that Tyne and Wear Marine (TWM) Ltd., a marine and engineering company, used Tritech’s StarFish 990F for the dock wall survey on the Tyne River, Newcastle. The technology was used during port survey and inspection project, and has the latest in advanced CHIRP (Compressed High Inten