Business & Finance
Polarcus Pens East Africa Seismic Survey Deal
Polarcus Limited has been contracted by an undisclosed client for a 3D seismic acquisition project offshore East Africa. The project will commence in February and is expected to run for approximately 45 days. Polarcus is a pure play marine geophysical company with a pioneering environmental agenda,
UK: CTruk Boats Delivers Multi-purpose Catamaran CWind Athenia
CWind, the only British company to be awarded a Siemens vessel charter contract out of a European shortlist, today took delivery of CWind Athenia, a 20-tonne payload, multi-purpose catamaran (MPC). CWind Athenia is the second of the work vessels built by CTruk Boats to fulfil CWind’s Siemens contrac
Norway: Bergen Group Fosen Wins OCV Contract
Bergen Group Fosen has signed a contract with Volstad Maritime AS to build a large high end offshore vessel. The contract has an estimated value of more than NOK 800 million (approx USD 138.7 million), and the ship is scheduled for delivery in Q3 2013. The signed contract is subject to final board a
UK: FlexGel Protects Risers and Umbilicals
Flexlife, an oil and gas industry specialist in subsea project and integrity management has announced the successful first application of its innovative product FlexGel, in a North Sea operation for an oil major. FlexGel, an oil-based product that is non-soluble in water and with a density that can
Norway: Volstad Orders Advanced Offshore Vessel from Bergen
Bergen Group Fosen has signed a contract with Volstad Maritime AS to build a large high end offshore vessel. The contract has an estimated value of more than NOK 800 million, and the ship is scheduled for delivery in Q3 2013. The signed contract is subject to final board approval and financing, whic
Norway: Bergen Group to Build Large OCV for Volstad Maritime
Bergen Group Fosen has signed a contract with Volstad Maritime AS to build a large high end offshore vessel. The contract has an estimated value of more than NOK 800 million (USD 138.7 million), and the ship is scheduled for delivery in Q3 2013. The signed contract is subject to final board approval
GL’s FutureShip Cooperates with Iceland-based Marorka
A cooperation between two leading energy efficiency improvers yields new potential to reduce emissions for shipowners around the world. At a press conference in Singapore, FutureShip announced its cooperation with Iceland-based Marorka. Together, the two companies will integrate each other’s product
France: Bourbon Reports Revenues in Line with its 2015 Leadership Strategy Plan
Bourbon announces revenues for 2011 in line with the objectives of the “BOURBON 2015 Leadership Strategy” plan. “Revenues for 2011 are in line with our strategic plan and, for the first time since our focus on offshore services, topped the symbolic bar of one billion euros. The improvement in the of
UK: Flexlife Completes First Application of FlexGel in North Sea
Flexlife, an oil and gas industry specialist in subsea project and integrity management, has announced the successful first application of its innovative product FlexGel, in a North Sea operation for an oil major. FlexGel, an oil-based product that is non-soluble in water and with a density that can
UK: Yacht Britannia Arrives at South Boats Service Centre
Saturday 4th February saw the arrival in Cowes of the replica of King George V’s J-Class Yacht Britannia, built in Arkhangelsk, Russia. The vessel is a replica of the original which was scuppered off St. Catherine’s Point on 10th July 1936 in accordance with the King’s dying wish that the “boat shou
UK: BlueView Delivers Imaging Sonars to Fugro
BlueView Technologies, a company specializing in compact acoustic imaging and measurement technology, yesterday announced the latest delivery of two (2) P900-130 2D Multibeam Imaging Sonar for Fugro Subsea Services in Aberdeen making a total of six (6) units total delivered to the group over the pas
Denmark: Knud E. Hansen Designs Highly Efficient 50m Trawler
The Danish Naval Design and Marine Consultancy Knud E. Hansen A/S has developed a highly efficient 50 m factory trawler with a focus on operating efficiency and maximised catch processing facilities. The design delivers excellent fuel economy, reduced environmental impact, and the flexibility to be
Norway: Statoil Reports Growth in Fourth Quarter of 2011
Statoil’s fourth quarter 2011 net operating income was NOK 60.7 billion, a 42% increase compared to NOK 42.8 billion in the fourth quarter of 2010. In 2011, net operating income was NOK 211.8 billion compared to NOK 137.3 billion in 2010. “Statoil delivered record financial results, further improved
G6 Alliance Moves Launch of Asia-Europe Service Up to March
Members of the G6 Alliance announced today that their groundbreaking cooperation in Asia-Europe container shipping will begin operation in the first week of March – one month ahead of schedule. “We are eager to roll out our competitive products to benefit customers by offering a comprehensive and in