Business & Finance
UK: Viper Subsea, Velocious Work Together to Reach Worldwide Exposure
UK-based Viper Subsea has signed a new collaboration agreement with Perth based Velocious. The agreement enables both companies, each of whom are already globally recognised as providers of high quality subsea solutions, to expand their offerings to overseas markets and collaborate on product supply
Ukrainian Shipyard Constructs Suction Anchors for Saipem
Kherson Shipyard has Successfully Completed the Construction of Offshore Structures for Italian Saipem Company. Recently PJSC Kherson Shipyard completed the construction of 6 pcs. offshore Structures of Suction Anchors (Hull No.18027) for Italian Offshore Saipem Company, designed to secure the under
France: Funds Available for Offshore Wind Developers, Says Green Giraffe
Offshore wind farm developers will be able to fund their projects despite the reduction in support from banks, Green Giraffe Energy Bankers said to Bloomberg. The financing will come from utilities and third parties. “Funding, whether debt finance, equity or other hybrid forms, is there for good pro
Viper Subsea Inks Collaboration Agreement with Australian Velocious
Viper Subsea has signed a new collaboration agreement with Perth based Velocious. The agreement enables both companies, each of whom are already globally recognised as providers of high quality subsea solutions, to expand their offerings to overseas markets and collaborate on product supply and proj
France: Tehnip’s First Quarter Results in Line with Expectations, Says CEO
Technip announces that its Board of Directors approved the unaudited first quarter 2012 consolidated accounts on Apr. 24. Thierry Pilenko, Chairman and CEO, commented: “Our first quarter performance was very much in line with our expectations, which enables us to reiterate our 2012 financial objecti
UK: HMS Echo’s AB Sally Owen Wins Award for Achievements in Hydrographic Training
HMS Echo’s AB Sally Owen has been awarded a prestigious award for her excellence in hydrographic and meteorological training. The junior rating received the Navy’s premier award for her achievements in hydrographic and meteorological training: the Hambone Trophy. The trophy is a model sextant – ofte
Denmark: Daily Maersk – Six Months of Reliable Service
Daily Maersk, Maersk Line’s revolutionary service promising absolute reliability on the Asia – North Europe trade has now been running for six months – serving over 900 customers and shipping more than 93,500 containers. The service has delivered average reliability of 97% over the last six months,
BSF Ship Donuzlav Participates in International Hydrographic Conference in Monaco
Black Sea Fleet (BSF) hydrographic ship Donuzlav together with Russian delegation headed by Alexander Shemetov, Chief of Navigation and Oceanography Dept at Russian Defense Ministry, arrived in Monaco to take part in the 18-th International Hydrographic Conference, Rus Navy reports. During the cruis
BSF Hydrographic Ship Donuzlav Takes Part in International Hydrographic Conference in Monaco
Black Sea Fleet (BSF) hydrographic ship Donuzlav together with Russian delegation headed by Alexander Shemetov, Chief of Navigation and Oceanography Dept at Russian Defense Ministry, arrived in Monaco to take part in the 18-th International Hydrographic Conference, Russian Navy reports. During the c
Finland: Wartsila Extends Its Offering in Low-Speed X-Generation Engine Series
Wärtsilä, extends its offering in the low-speed X-generation engine series with the new Wärtsilä X92 engine, to the upper end of its portfolio with a bore of 920 mm. The new engine, extremely efficient in terms of fuel consumption and emissions, will serve the market for large and ultra-large contai
Shell’s 1Q Earnings Reach USD 7.7 bln
Shell’s first quarter 2012 earnings increased from year-ago levels, through a combination of improved operating performance, increased upstream volumes and strong oil prices.
Germany: Two Companies from Erck Rickmers Group Join United Nations Global Compact
The Hamburg-based ship managers E.R. Schiffahrt and E.R. Offshore have joined the United Nations Global Compact. By signing up to the initiative, they pledge to align social, ecological and economic aspects and publish their activities in an annual progress report. This voluntary commitment to respo
Kherson Constructs Six Suction Anchors for Saipem (Ukraine)
On March 30, 2012 PJSC Kherson Shipyard before time completed the construction of 6 pcs. offshore Structures of Suction Anchors (Hull No.18027) for Italian Offshore Saipem Company, designed to secure the underwater pipeline in the Caspian Region. The overall dimensions of each structure are as follo
UK: The Shipowners’ Club Publishes ‘Fishing Vessel Safety’ Handbook
Mutual insurance provider The Shipowners’ Club, has produced a comprehensive handbook ‘Fishing vessel safety’ highlighting areas in which crew members can become more safety aware, while assisting crew and owners alike to recognise potential dangers and operating hazards. Fishing is the most dangero