Business & Finance
UK: Trelleborg Marine Systems Support Grain LNG in Accommodating Large Vessels
As vessel sizes steadily increase, so too do the pressures exerted on port infrastructure. However, a recent report indicates that many commercial ports don’t have adequate infrastructure in place to manage the increase in vessel sizes coming through their terminals. Richard Hepworth, Managing direc
Ulstein Delivers New PSV ‘CBO Pacifico’ to Brazil
The ULSTEIN designed platform supply vessel ‘CBO Pacifico’ left the Estaleiro Alianca shipyard on May 10th 2012. The newbuild went straight into contract for Petrobras. The vessel is the second of the PX106 design delivered to CBO this year. “The finish and quality of these vessels are impeccable. W
Norway Day at World Expo in South Korea
HRH Crown Prince Haakon of Norway and Norway’s Minister of Trade and Industry Trond Giske today attended Norway Day celebrations at the World Expo in Korea. Norway’s participation in the World Expo is a partnership between the Norwegian authorities and four private sponsors – Det Norske Veritas (DNV
The Netherlands: Launching of New Multi-Functional TSHD ‘Contender’
Recently, a new multi-functional TSHD was launched. The hopper dredger, named “Contender” has been fitted out with Damen dredging gear. Abeko Shipping, the owner of the “Contender” chose for a refit of an existing vessel. Thus the conquest of the dredging market could be done swiftly, as the “Conten
Norway: AGR Lands Reservoir Services Contract from RWE Dea
AGR has been awarded a frame agreement with RWE Dea to provide reservoir services. As a result of recent exploration successes, E&P firm RWE Dea is looking to AGR’s Reservoir Management for the provision of subsurface services during exploration, interpretation, early field development and increased
UK: Rolls-Royce Equipment for Iceman AHTS
Rolls-Royce, the global power systems company, has been awarded a £15 million contract by STX OSV to supply an extensive deck equipment package for an advanced anchor handling vessel to be operated by Iceman AS. The package, which is designed to improve operational safety, will include a new anchor
Rolls-Royce Wins Deck Equipment Order from STX OSV (Norway)
Rolls-Royce, the global power systems company, has been awarded a £15 million contract by STX OSV to supply an extensive deck equipment package for an advanced anchor handling vessel to be operated by Iceman AS. The package, which is designed to improve operational safety, will include a new anchor
Norway: RWE Dea Awards Reservoir Services Agreement to AGR
AGR has been awarded a frame agreement with RWE Dea to provide reservoir services. As a result of recent exploration successes, E&P firm RWE Dea is looking to AGR’s Reservoir Management for the provision of subsurface services during exploration, interpretation, early field development and increased
Norway: Seadrill Bullish on Outlook for Drilling Services
Seadrill, one of the largest drilling contractors in the world reported consolidated revenues for the first quarter of 2012 of US$1,050 million as compared to US$1,059 million in the fourth quarter 2011. The company, that boasts with a versatile fleet of 63 units that comprises drillships, jack-up r
Atlantic Offshore Orders PSV from Simek (Norway)
Simek yard in Flekkefjord has been commissioned to deliver a PSV for Atlantic Offshore. The new vessel, which will be delivered in April 2013, ensures continued employment of up to 60 employees at the yard. Atlantic Offshore operates 26 vessels and large parts of the business is related to the North
UK: Nexans Supplies Submarine Cables for West of Duddon Sands Wind Farm
Dong Energy, Fredericia (Denmark) and Nexans Deutschland have signed a contract for the delivery and installation of medium-voltage submarine cables for the West of Duddon Sands wind farm. The order for the wind farm located 15 kilometres west of Walney Island comprises 122 kilometres of submarine c
Norway: Statnett Releases First Quarter Results
The Statnett Group reports profit after tax of NOK 265 million for the first quarter of 2012. The corresponding figure for the same period in 2011 was NOK 394 million. The reduction was due to downward adjustment of tariffs for 2012 and lower congestion revenues in the period. In the first quarter o
Turkey: ADIK Shipyard Launches Eight LCT Vessel
The Eight vessel of the LCT (Landing Craft Tank) Project undertaken by ANADOLU (ADIK) Shipyard on the Contract signed with SSM in 2009 (Turkish Undersecretariat of Defense Industries) NB 230 / Ç-158 was succesfully launched on May 11th 2012. ANADOLU Shgipyard has delivered the First vessel of the pr
Cyprus: Songa Offshore – Fleet Status Update for April
Songa Offshore has provided its fleet status update for April 2012: Songa Venus achieved an operating efficiency of 100% during the month. The rig continues to operate for Petronas Carigali in Malaysia. Songa Mercur achieved an operating efficiency of 100% during the month. The rig continued to oper