Business & Finance
The New World Alliance to Launch New Trans-Atlantic Service
The New World Alliance (TNWA) – APL Co. Pte Ltd (APL), Hyundai Merchant Marine (HMM) and Mitsui OSK Lines (MOL) today announced the launch of a new Trans-Atlantic service connecting Europe and the UK with the US East Coast and Panama. The Americas Europe Express (AEE) service is TNWA’s third dedicat
RWE Raises GBP 600 Million for Offshore Wind Expansion (Germany)
RWE is taking advantage of the favourable conditions for German companies on the international capital market by issuing a GBP bond with a volume of 600 million GBP and a term of 22 years. The maturity date is 31 January 2034. Placed via RWE Finance B.V., the bond was significantly oversubscribed. T
Singapore’s EMAS/AMC Extends Contract for Boa Sub C Offshore Construction Vessel
Boa Group has recently been awarded a 3 year firm contract + option for the Offshore Construction Vessel “Boa Sub C” from Singapore based EMAS/AMC. The contract is for subsea construction installations and is due to commence in July 2012, in direct continuation from current contract agreement. “Boa
Norway: DOF Inks New Contract for PSV Skandi Waveney
DOF has signed a new contract for Skandi Waveney with Peterson Den Helder B.V. for operations in Dutch sector. The contract duration is 1 year firm with 2 x 1 year options. The contract will commence in January 2012. Skandi Waveney is a medium sized PSV built in 2001. Platform supply vessel (PSV) is
Damen Shipyards to Deliver Three Tugboats to INEA, Venezuela
Damen Shipyards will shortly deliver three tugboats to INEA (Instituto Nacional de los Espacios Acuaticos, the Venezuelan Aquatic Authority). This repeat-order follows a previous order for two Damen Stan Tugs purchased by INEA in 2009. The tugs will be used in the Venezuelan ports of Puerto Cabello
Norway: AGR Wins Total Well Management Contract from Statoil
AGR confirms it has been awarded a frame agreement which includes the possibility for Total Well Management services with Statoil worth approximately 100 – 130 million NOK per year (17-21 MUSD/year). The contract period is for two years with the possibility for an additional two plus two years exten
AGR to Support Statoil’s Drilling Ops in Norway and Abroad
AGR confirms it has been awarded a frame agreement which includes the possibility for Total Well Management services with Statoil worth approximately 100 – 130 million NOK per year (17-21 million USD per year). The contract period is for two years with the possibility for an additional two plus two
UK: South Boats Launches New Wind Farm Vessel ‘Porth Cadlan’
This South Catamaran 16m vessel is the fifth of a five boat order from Turbine Transfers Ltd. for the 16m to be delivered. This vessel compliments the twenty six wind farm vessels already built or in build for Turbine Transfers Ltd. by South Boats. The ‘Porth Cadlan’ has an LOA of 16.8m, Beam of 6.3
10 Blocks for Lundin Offshore Norway
Lundin Petroleum has been awarded 10 exploration licence interests in the 2011 Norwegian Licensing Round, (Awards in Predefined Areas, APA). Minister of Petroleum and Energy Ola Borten Moe described APA 2011 as the most extensive licensing round ever undertaken on the Norwegian continental shelf. T
UK: Osiris Projects at Oceanology International 2012
Osiris Projects are confirmed to exhibit at Oceanology International 2012 at ExCeL, London. The company will be showcasing their expertise within the field of ultra-high resolution shallow water survey and, subject to work schedules, demonstrating their 27.5m semi-SWATH specialist coastal survey ves
UK: UKHO Delivers Another Successful International Training Course
The UKHO has once again successfully delivered another of its internationally accredited marine cartography courses to six overseas hydrographic officers. The six delegates from Bangladesh, Indonesia, Mexico, Oman, Pakistan and Philippines completed the 15 week marine cartography course in December,
Valiant Petroleum Gets its First Operatorship on Norwegian Continental Shelf
Valiant Petroleum plc has been awarded operatorship and a 50% interest in License PL 617, Block 2/9 on the Norwegian Continental Shelf as part of the APA 2011 Licensing Round. The other partners are Premier Oil Norge AS (35%) and Bridge Energy Norge AS (15%). The award represents Valiant’s first ope
UK: Osiris Projects to Participate at Oceanology International 2012
Osiris Projects are confirmed to exhibit at Oceanology International 2012 at ExCeL, London. The company will be showcasing their expertise within the field of ultra-high resolution shallow water survey and, subject to work schedules, demonstrating their 27.5m semi-SWATH specialist coastal survey ves
Greece: Diana Shipping Takes Delivery of Dry Bulk Carrier Leto
Diana Shipping Inc., announced that the Company has taken delivery of the m/v “Leto”, (formerly “Vathy”), a 81,297 dwt Panamax dry bulk carrier built in 2010. As previously announced, the Leto is chartered to EDF Trading Ltd., London, at a gross charter rate of US$12,900 per day, minus a 5% commissi