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Business & Finance

STX France – Floating Out of New Dredger ‘St Pierre’
Business & Finance

STX France – Floating Out of New Dredger ‘St Pierre’

On March 24th, STX France Lorient yard has floated out the St Pierre trailing suction hopper dredger ordered in July 2010 by STFMO, subsidiary of Sablières de l’Atlantique. Following her keel laying held last September, this floating out is another important milestone in the contract, before her del

about 14 years ago
Final Contract Signing for Subsea Cable Linking Israel and Cyprus
Business & Finance

Final Contract Signing for Subsea Cable Linking Israel and Cyprus

The agreement for the final leg of a Israel-to-Europe submarine power cable has been signed on Friday, the Financial Mirror reported. According to Nasos Ktorides who is the project’s chief executive, the cable will have a capacity to carry 2,000 megawatts across 1,000 kilometres from Israel to Greec

about 14 years ago
France: STX France Lorient Yard Floats Out TSHD “St Pierre”
Business & Finance

France: STX France Lorient Yard Floats Out TSHD “St Pierre”

On March 24th, STX France Lorient yard has floated out the St Pierre trailing suction hopper dredger ordered in July 2010 by STFMO, subsidiary of Sablières de l’Atlantique. Following her keel laying held last September, this floating out is another important milestone in the contract, before her del

about 14 years ago
UK: Ithaca Energy Agrees to Take Over Carna Operatorship
Business & Finance

UK: Ithaca Energy Agrees to Take Over Carna Operatorship

Ithaca Energy Inc. has agreed to take over operatorship and increase its working interest in the Carna discovery, located in the Southern Gas Basin of the UK North Sea. The transaction with Centrica North Sea Gas Limite increases the Company’s working interest in the Carna discovery to a material le

about 14 years ago
The Netherlands: MARIN Inaugurates Unique Depressurised Wave Basin
Business & Finance

The Netherlands: MARIN Inaugurates Unique Depressurised Wave Basin

MARIN’s unique Depressurised Wave Basin (DWB) was officially inaugurated on March 19 by Maxime Verhagen, the Dutch Minister of Economic Affairs, Agriculture and Innovation. Representing the combination of a depressurised towing tank with a wave maker, the DWB creates a world first. The inauguration

about 14 years ago

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UK: WGP Sets Standard for ISO Policy Integration
Business & Finance

UK: WGP Sets Standard for ISO Policy Integration

WGP has continued their flawless pass rate by exceling in their annual BS EN 9001:2008 and BS EN ISO 14001:2004 external audits in recognition of its well maintained and organised Quality and Environmental Management Systems. This achievement stresses company’s commitment to the quality of the servi

about 14 years ago
The Netherlands: MARIN Inaugurates World’s First Depressurised Wave Basin
Business & Finance

The Netherlands: MARIN Inaugurates World’s First Depressurised Wave Basin

MARIN’s unique Depressurised Wave Basin (DWB) was officially inaugurated on March 19 by Maxime Verhagen, the Dutch Minister of Economic Affairs, Agriculture and Innovation. Representing the combination of a depressurised towing tank with a wave maker, the DWB creates a world first. The inauguration

about 14 years ago
Latvian Shipping Company Publishes Chartering Rates of Its Ships
Business & Finance

Latvian Shipping Company Publishes Chartering Rates of Its Ships

For the first time, JSC Latvian Shipping Company (LSC) has published the chartering rates achieved by the LSC fleet. The current management has succeeded in increasing charter rates in 2011 when compared with rates achieved in 2010 under the previous management. Paul Thomas, member of the Management

about 14 years ago
Italy: SMIT Salvage Diving Team Completes Removal of Fuel from Costa Concordia
Business & Finance

Italy: SMIT Salvage Diving Team Completes Removal of Fuel from Costa Concordia

On 24th March SMIT Salvage successfully completed its assignment on the removal of fuel from the Costa Concordia. Over the last couple of days, the SMIT Salvage diving team was transferring HFO from the last settling tank in the engine room. Early this morning, the last tanks were completed, closed

about 14 years ago
UK: BP Starts Drilling at North Uist Prospect
Business & Finance

UK: BP Starts Drilling at North Uist Prospect

The drilling operation will be undertaken by BP Exploration Operating Company Limited using the Stena Carron drilling rig. The other joint venture partners are CIECO Exploration and Production (UK) Limited, Idemitsu Petroleum UK Ltd, Nexen Petroleum U.K. Limited and Faroe Petroleum

about 14 years ago

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Denmark: Mekanord to Provide Gearboxes for Rolls Royce’s New Cargo Vessels
Business & Finance

Denmark: Mekanord to Provide Gearboxes for Rolls Royce’s New Cargo Vessels

Gearboxes from Mekanord form an integral part of propulsion solutions from Rolls Royce for several new vessels. Mekanord is e.g. supplying Rolls Royce with gearboxes for two newly developed, gas powered cargo vessels. The two cargo vessels are based on the award-winning “Environship Concept” from Ro

about 14 years ago
Italy: SMIT Salvage Completes Fuel Removal from Costa Concordia
Business & Finance

Italy: SMIT Salvage Completes Fuel Removal from Costa Concordia

On Saturday morning, CET SMIT Salvage successfully completed its assignment on the removal of fuel from the Costa Concordia. Over the last week, the SMIT Salvage diving team was transferring HFO from the last settling tank in the engine room. The last tanks were completed, closed and sealed off on S

about 14 years ago
Black Sea Fleet Trains Divers for Russian Navy
Business & Finance

Black Sea Fleet Trains Divers for Russian Navy

Black Sea Fleet (BSF) 17-th Diving School based in Sevastopol trains divers for the whole Russian Navy. Having passed theoretical course, cadets started practical dives. Servicemen directed by experienced instructors are practicing submersion at coast-based training range and at sea from a special v

about 14 years ago
France: Pulse Presents Mooring Technology at MCE Deepwater Development
Business & Finance

France: Pulse Presents Mooring Technology at MCE Deepwater Development

Sandip Ukani, operations director of Pulse Structural Monitoring (an Acteon company), will give a presentation on the monitoring of mooring lines at MCE Deepwater Development 2012 in Paris, France, on 26 March. The presentation will describe Pulse’s experience of designing and installing MoorASSURE,

about 14 years ago