Business & Finance
Sweden: EDA-R Landing Craft Project Receives New Jets
The first delivery of the French EDA-R landing craft project equipped with the new MJP 650 CSUI jets was successfully completed and the vessel was recently handed over to the French Navy. The jet installation is unique in the respect that a pair of Waterjets is controlled via a single steering and r
Norway: Hagland Shipping Expands Fleet
Hagland Shipping based in Haugesund, Norway will during 2nd quarter this year take over 2 new dry cargo ships of 4750 dwt from the Indian yard Chowgule & Co. Private Ltd. in Goa. The ships are of well-known Dutch design and part of a series of some 20 ships built by the same yard for […]
Ireland: Sea Fibre Networks Inks Fibre Contract with Colt
Sea Fibre Networks, owner and operator of Europe’s most advanced subsea telecoms network, CeltixConnect, announced a major fibre contract with Colt, Europe’s leading information delivery platform. Colt’s customers will be enabled with the lowest latency solution connecting Ireland to the UK with onw
Ireland: Arklow Marine Prepares to Launch First 20m WFSV
On Thursday 12th January, 2012 the first 20 metre Wind Farm Service Vessel will be launched in Arklow. “Gardian 8″ has been commissioned to service the offshore renewable industry in the U.K. Sea trials will take place in Arklow next week and the official launch will be on Tuesday 24th January, 2012
Norway: Hoegh Enters into Charter Agreement for LNG Libra
Höegh LNG has entered into an agreement for the LNG carrier “LNG Libra” for shipping services to the North West Shelf project in Australia. The six month charter is expected to commence in July 2012, following the delivery of the vessel from its previous owner to Höegh LNG. The EBITDA contribution f
Kongsberg Supports Spanish Hydrographic Institute in Expanding its Survey Capabilities
Kongsberg Maritime will support the Spanish Hydrographic Institute in expanding its survey capabilities during the first part of 2012 following official equipment acceptance, which took place 20th December 2011. The leading instrument developer will supply its sophisticated EM2040 1ºx1º multibeam wi
Wintershall Gets Drilling Permit for Wildcat in Norwegian Sea
The Norwegian Petroleum Directorate (NPD) has granted a drilling permit for wellbore 6407/1-5, cf. Section 8 of the Resource Management Regulations. Well 6407/1-5 S will be drilled from the Borgland Dolphin drilling facility at position 64°59’20.14”north and 07°00’17.24”east after completing the dri
Greece: Diana Containerships Acquires Two Panamax Container Vessels
Diana Containerships Inc., a global shipping company specializing in owning and operating containerships, announced that it has signed today two Memoranda of Agreement with APL (Bermuda) Ltd. for the purchase of two Panamax container vessels, the m/v “APL Sardonyx” and the m/v “APL Spinel”. The m/v
Maroc Telecom Lays Submarine Cable Between Morocco and Spain
Maroc Telecom begins implementation of a high speed fibre-optic submarine cable connecting Morocco and Spain. The cable known as ‘Loukkos’ should be available for service in March this year. Alcatel Submarine Networks and CanaLink are supplying the cable which will link Asilah in Morocco along with
Domino-1: Romania’s First Deepwater Exploration Well
ExxonMobil’s Romanian subsidiary together with Petrom has started exploration drilling on Domino-1, the first deepwater exploration well in the Romanian sector of the Black Sea. The Domino-1 well is located in the Neptun Block, 170 kilometers offshore in water about 1,000 meters deep and will be dr
Claxton Supplies Subsea Drilling Riser Package to Norwegian Costumer
Claxton Engineering Services Ltd, an Acteon company, is supplying a Norwegian client with a complete subsea drilling riser package enhanced by services and equipment drawn from around the Acteon Group. The 7000-psi, 24-in. riser will be used to drill one well and two completion wells in 135 m of wat
GAC Group Expands Its European Operations
The GAC Group has further expanded its Nordic ship agency, liner agency and project logistics network with the acquisition of all the shipping subsidiaries of the Lehmann Nordic Group (LN), one of the region’s oldest transportation groups. The move brings to the GAC team more than 45 staff at 5 offi
Acteon Companies Supply Subsea Drilling Riser to Norwegian Client
Claxton Engineering Services Ltd, an Acteon company, is supplying a Norwegian client with a complete subsea drilling riser package enhanced by services and equipment drawn from around the Acteon Group. The 7000-psi, 24-in. riser will be used to drill one well and two completion wells in 135 m of wat
Greece: StealthGas Announces Sale of Vessel and Update on Chartering Arrangements
STEALTHGAS INC., a ship-owning company serving primarily the liquified petroleum gas (LPG) sector of the international shipping industry, announced today the sale of one vessel and an update on chartering arrangements. Sale of Vessel The Company has entered into an agreement to sell the smallest ves