Business & Finance
Sweden: Vattenfall’s Q1 Profit Up 92 pct
Vattenfall announced the results for the first quarter 2012. ”During the quarter we successfully concluded our divestment programme of our noncore assets. In January we received a combined total of SEK 21 billion for the sale of operations in Belgium, Finland and Poland. We have thereby been able to
Lundin Petroleum: Johan Sverdrup Appraisal Successful (Norway)
Swedish oil and gas exploration an production company, Lundin Petroleum today says the sidetrack 16/2-11A of the appraisal well 16/2-11 has confirmed good quality in Upper and Middle Jurassic reservoir. The well was drilled some 3.3 km southwest of the discovery well 16/2-6 and 760 metres north east
The Netherlands: Heesen Yachts Launches MY Lady Petra
Heesen Yachts on Saturday April 28th 2012 christened its new yacht the MY Lady Petra (YN 15747 ). Launched at the facility in Oss this new vessel is the eighth in Heesen’s award-winning 47metre class. This project, which began when the contract was signed back in 2010, is very special for the Compan
Halliburton, Gazprom Pen Strategic Cooperation Agreement
US based Halliburton has signed a Strategic Cooperation Agreement with Russia’s Gazprom International for the development and implementation of new oil and gas technologies in global exploration and production projects. The agreement sets the framework for the ongoing exchange of information related
Belgium: TOC to Address Changes in Container Vessel Size
New approaches and technologies to manage the next big step-change in container vessel sizes, call exchanges and carrier service expectations at ports and terminals worldwide will be a major focus of attention at the upcoming TOC Container Supply Chain Europe 2012 conference and exhibition, taking p
Dolphin Exercises Option to Charter 3D Seismic Vessel Sanco Sword
Dolphin has exercised the option and signed a long term time-charter on the 3D seismic vessel Sanco Sword from Sanco Shipping AS, for an initial 5 year firm period with options to extend for additional 3 times 2 years. The Vessel is the second purpose built high capacity 3D seismic vessel to be deli
Russia: LUKOIL, Saipem Ink Caspian Sea Pipeline Construction Deal
Russias’ LUKOIL subsidiary and Saipem SPA from Italy signed a contract this week to construct subsea pipelines for transportation of oil and natural gas from the Northern Caspian fields. The scope of work includes laying of two pipelines on the seabed to connect the riser block located at the Vladim
Norway: Dolphin to Charter Sanco Shipping’s 3D Vessel Sanco Sword
Dolphin has exercised the option and signed a long term time-charter on the 3D seismic vessel Sanco Sword from Sanco Shipping AS, for an initial 5 year firm period with options to extend for additional 3 times 2 years. The Vessel is the second purpose built high capacity 3D seismic vessel to be deli
OTC 2012: Dockwise Vanguard Wins Spotlight on New Technology Award
Dutch Dockwise Ltd has engineered the most innovative semi-submersible heavy-lift vessel in history and redefined the limits of heavy marine transport with the design of the Dockwise Vanguard. Additionally, the Dockwise Vanguard has opened a new market for offshore dry-docking. Dockwise Ltd Vice Pre
UK: Planners Recommend Green Port Hull Project for Approval
Siemens and Associated British Ports’ (ABP) plans for a £210m wind turbine facility at Green Port Hull have been recommended for outline approval by planners, subject to conditions. The project, which is expected to create 700 jobs and complete in 2014, involves the demolition of existing buildings
Alu Marine Delivers Pilot Boat to The Pilots of the Seine (France)
Recently, Alu Marine successfully delivered a new pilot boat to The Pilots of the Seine (Rouen, France). The mission of the Maritime Pilots consists in guiding ships which carry 80% of goods worldwide, in the confined waters of ports of France and abroad. They contribute to the safety, environmental
South Boats’ Vessel ‘Caernarfon Bay’ to Operate in German North Sea
South Boats Special Projects Ltd. announced the launch and commissioning of its 57th offshore wind farm crew transfer vessel, ‘Caernarfon Bay’. The vessel is the first of the South Catamaran 19m WFSV designs to be delivered and features a host of developments. Built for Turbine Transfers Ltd. the ve
Norway: Sanco Orders Another Seismic Vessel from Kleven
Sanco Shipping AS has declared an option for a second seismic vessel to be built at Kleven Maritime’s yard Myklebust Verft in Norway. The vessel, to be named Sanco Sword, is to be delivered in Q1 2014. Its sister vessel Sanco Swift will be delivered from Myklebust Verft in July 2013. Kleven Maritime
Sweden: APM Terminals – Productivity is Battleground for Ports in the Future
At the conference “Future Ports” held in Stockholm 25th-26th April, APM Terminals’ Head of Project Implementation, Soren Sjostrand Jakobsen, told delegates that increasing productivity to meet customer demand is critical for container terminals. “Our customers are building bigger and bigger ships an