Business & Finance
Germany: Synapsis Receives First INS Type Approval
Synapsis Bridge Control, the new generation of the Raytheon Anschütz bridge system, is the world’s first navigation system which has been type approved according to IMO’s new Performance Standards for Integrated Navigation Systems (INS). In an official ceremony, the nominated body Germanischer Lloyd
Norway: Simek Shipyard to Launch New PSV NB 126
A newbuild Platform Supply Vessel of UT 755 LC design (NB 126), which is currently being built at Simek shipyard is almost ready for the sea-launching. The mounting of the propellers and the rudder are completed. The hull will be painted during this week. Block 5, the superstructure, will be assembl
USA: AWT, Transas Marine Announce Integration of On-Board Routing and Navigation Systems
Applied Weather Technology, Inc. (AWT) and Transas Marine today announced an integration of two key on-board tools – AWT’s BonVoyage System (BVS), the world’s most popular on-board weather routing system, with Transas’ market-leading Electronic Chart Display Navigation System (ECDIS) – to help Capta
Ithaca in Takeover Talks (UK)
Ithaca Energy, a North Sea focused oil and gas exploration, development and production company, announced on March 1, 2012, that it had received unsolicited interest from a number of third parties. The company, with offices in Canada and UK, also advised that the Board of Ithaca concluded that it wa
Multi-Purpose Tug Husky Completes Work at Sheringham Shoal Offshore Windfarm
The twin-screw tug Husky, owned by Island Shipping is en route from Norfolk to her home port of Wicklow following over 300 days of successful charter on Sheringham Shoal Offshore Windfarm. The multi-purpose, shallow draft tug has provided logistical support to and from the offshore windfarm. The oth
Turkish Shipyard Sefine Puts Into Operation Special Vessel ‘Zaher I’
On April 23, 2012 Turkish shipyard Sefine (Yalova) put into operation special vessel for livestock transportation with deadweight is of 6772 tons. The Vessel named Zaher I, of project LSC04, was designed by the Marine Engineering Bureau. The vessel is assigned for transportation of livestock (about
Sweden: Floatel – New Bond Issue for New Build Program
Floatel International Ltd is contemplating the issuance of up to a USD 200 million equivalent bond issue in the Norwegian bond market. The proceeds from the bond issue will be used to finance the Company’s new build program for accommodation vessels at Keppel FELS Limited, Singapore. Floatel Interna
Greece: Vizada, SRH Marine Electronics to Equip Danaos Shipping Fleet
Vizada, the leading provider of global satellite-based mobility services recently acquired by Astrium, and Vizada Elite Partner SRH Marine Electronics S.A. have signed a 24-month agreement with Danaos Shipping Co. Ltd to equip the company’s fleet of vessels with a full broadband communications syste
Partrac Exhibits at RenewableUK Event
A marine data acquisition company, Partrac announces that it will be exhibiting at the RenewableUK Global Offshore Wind Conference and Exhibition on the 13th and 14th June in London ExCel within the Scottish Pavillion. Partrac has the expertise in providing oceanography, marine geosciences and envir
Ireland: Development of Wave Energy Making Technology
The fact that Ireland is one of the countries that has the best waves is not a secret, but how to make use of those waves in terms of making energy? TheJournal.ie reports that this has been a crucial question for many years now and Ireland has invested a vast amount of money and time […]
Western Marine Splashes Danish RORO Passenger Ferry
Western Marine Shipyard has launched ISEF JORD, a Danish RORO Passenger Ferry, on 5 May 2012. The ship will be owned by Danish ferry operator Hundested Rorvig Faergefart. This newbuilding project is under the French classification society Bureau Veritas (BV). Western Marine went into agreement with
Norway: DNV Enters Strategic Partnership with StormGeo
DNV has, as part of a strategic partnership with StormGeo, acquired the right to purchase 22,7 % of StormGeo’s shares through a mutually convertible capital issue. The core focus of StormGeo will remain within the fields of oil exploration, renewable energy as well as shipping, media and aviation. F
Norway: DNV Enters Strategic Partnership with StormGeo
DNV has, as part of a strategic partnership with StormGeo, acquired the right to purchase 22,7 % of StormGeo’s shares through a mutually convertible capital issue. The core focus of StormGeo will remain within the fields of oil exploration, renewable energy as well as shipping, media and aviation. F
UK: Total Conducts Further Operations on Stopping Elgin Gas Leak
An important advancement in stopping the leak on the G4 well on the Elgin complex was made on 4 May when the semi-submersible drilling rig, the West Phoenix, moved within the current exclusion zone ready to position itself directly alongside the complex. This dynamically positioned rig will be the m