Business & Finance
UK: Lerwick Harbour’s New Deep-Water Facility Supports Major Subsea Project
An additional deep-water facility at Lerwick Harbour has been brought into operation ahead of schedule to support a major subsea project in the North Sea. Work was accelerated on an 80-metre section of the quay under development at Greenhead to make it available for use by Technip, a world leader in
Cargotec Secures Repeat MacGregor RoRo Equipment Contracts from UK
For two new Scottish ferries, where operational efficiency is everything, Cargotec will deliver a complete MacGregor RoRo cargo access outfit to ensure fast port turnaround times. In January, Cargotec received a contract from Ferguson Shipbuilders in Scotland to deliver MacGregor RoRo cargo access e
UK: IMarEST Appoints 110th President
Malcolm Vincent BSc (Hons), MSc, CEng, FIMarEST, FIMechE, FIOD has been appointed the 110th President of the Institute of Marine Engineering, Science and Technology (IMarEST) at its AGM today (8 March). Andreas Chrysostomou has been appointed President Elect. Malcolm Vincent takes over the reins of
The Netherlands: Ballast Nedam Profit Up 28,57 pct
Ballast Nedam has performed well, certainly considering the bleak market conditions, increasing competition and price pressure. This situation will persist in the coming years. The operating profit achieved of € 19 million was in line with the forecast issued in March last year of between € 15 milli
UK: Caley Showcases Oceanographic Handling Systems at Oceanology 2012
Marine handling systems specialist, Caley Ocean Systems is presenting the oceanographic handling expertise being deployed on the new oceanographic research vessel for the Geological Survey of India (GSI), and the Woods Holes Oceanographic Institution’s (WHOI) new R/V Atlantis research vessel, to han
UK: No Commercial Volumes at Bluebell Prospect, COPL Says
Drilling in the Bluebell prospect that spans Blocks 15/24c and 15/25f failed to encounter any commercial volumes of hydrocarbons.
UK: Tritech’s StarFish Sonar Sets Standard in Search & Rescue Missions
StarFish Seabed Imaging Systems, the shallow water, sidescan sonar system from Tritech, is proving to be the standard Search and Rescue (SAR) tool. StarFish has been successful in a SAR operation for body recovery. Where other sonars have failed to locate the missing person, StarFish 990F’s high res
The Netherlands: Van Oord Records Increased Turnover in Difficult Year
Van Oord’s turnover in 2011 was EUR 1,715 million (2010 EUR 1,578 million) and was evenly attributable to activities performed by Van Oord’s divisions and areas. The net profit for 2011 amounted to EUR 118 million (2010: EUR 165 million, including an extraordinary tax gain of EUR 40 million). CEO Pi
UK: Seatronics Increases Rental Pool with Sonardyne 6G Technology
Market leading offshore equipment rental company, Seatronics, an Acteon Company has increased its commitment to Sonardyne’s sixth generation technology platform – 6G – with a major order for subsea acoustic positioning hardware. The equipment will be added to Seatronic’s equipment pool in Aberdeen f
Germany: Sanmar Delivers MT TORSTEN to Schramm Group
M/T TORSTEN is a powerful handy-sized multipurpose anchor-handling and assistance tug with a large flat deck area. Its main scope of service is providing assistance at any offshore and nearshore construction sites, as well as anchor-handling and aiding cable-laying vessels. Sanmar has been involved
The Netherlands: Van Oord on Right Track
Van Oord’s turnover in 2011 was EUR 1,715 million (2010 EUR 1,578 million) and was evenly attributable to activities performed by Van Oord’s divisions and areas. The net profit for 2011 amounted to EUR 118 million (2010: EUR 165 million, including an extraordinary tax gain of EUR 40 million). CEO Pi
France: BOURBON Reports Improvement in Performance and Results
“The market upturn in 2011 has resulted in early signs of an improvement in BOURBON’s performance and results,” Christian Lefèvre, Chief Executive Officer of BOURBON announced. “EBITDA was up 24.6% compared with the previous year. This market upturn is more apparent in the deepwater offshore segment
France: Bright Future Ahead for European Wind Market
European Wind Commission announced a report which says that the European wind market is currently stalled but a bright future lies ahead. “The European Union market is wavering between the flagging onshore market and the logistics, technology and industrial preparations for the huge, offshore wind e
France: Bright Future Ahead for European Wind Market
European Wind Commission announced a report which says that the European wind market is currently stalled but a bright future lies ahead. “The European Union market is wavering between the flagging onshore market and the logistics, technology and industrial preparations for the huge, offshore wind e