Business & Finance
UK: MCS to Take Delivery of Two Twin Axe Vessels
Maritime Craft Services (Clyde) Ltd is taking delivery of 2 Damen built Twin Axe Bow crew transfer vessels. The MCS SIROCCO will be delivered at Singapore week 2012. This vessel is fitted with a surveyors desk in the w/house, a moon pool and increased cooling system to work in the tropics. This vess
Norway: Utkilen Chooses Ecospeed for Underwater Protection of Its Ice Class Tankers
In order to ensure an underwater hull coating that would protect its vessels against the frequent impact of large pieces of floating dry ice, the Norwegian-based shipping company Utkilen has chosen Ecospeed for underwater protection of two newbuilding ice class chemical/product tankers. The first ve
UK: Energy Minister Awards 46 New Licences to Explore for O&G in North Sea
Energy Minister Charles Hendry set out his hopes for a “prosperous 2012” in the oil and gas sector, as he awarded 46 new licences to explore for hydrocarbons in the North Sea. These awards were made as part of the 26th offshore oil and gas licensing round, which was originally announced in October 2
UK: Energy Minister Awards 46 New Licences for Hydrocarbons Exploration in North Sea
Energy Minister Charles Hendry set out his hopes for a “prosperous 2012” in the oil and gas sector, as he awarded 46 new licences to explore for hydrocarbons in the North Sea. These awards were made as part of the 26th offshore oil and gas licensing round, which was originally announced in October 2
Maersk Line Expands its Asia-Port Said Loop to Turkey
Maersk Line, one of the world’s biggest shipping companies, has widen its weekly Asia-Port Said shuttle AE5 beyond Port Said to Turkey. The company has also adde a call in Guangzhou’s Nansha terminal. The AE5 now has a rotation of Ningbo, Shanghai, Shenzhen-Yantian, Gaungzhou-Nansha, Tanjung Pelepas
Denmark: Knud E. Hansen, ABB Develop New 2000 TEU Container Feeder Vessel
The Danish Naval Design and Marine Consultancy Knud E. Hansen A/S and joint venture partner ABB have developed a highly fuel efficient 2000 TEU Container Feeder Vessel. The vessel’s main dimensions have been optimised for calling in Bangkok, but the design features will deliver great benefits to ope
Russia: Yantar Shipyard Plans to Conduct Mooring Trials for RV Seliger
Yantar Shipyard (PCZ) is planning to conduct mooring trials, ordered by the Russian Ministry of Defense, for Research & Survey Vessel Seliger in January 2012. ‘Seliger’ is a heading vessel of Project 11982 elaborated by the Central Marine Design Bureau ‘Almaz’. Shipyard ‘Yantar’ has signed the Shipb
Russia: Yantar Shipyard to Conduct Mooring Trials for RV Seliger
Yantar Shipyard (PCZ) is planning to conduct mooring trials, ordered by the Russian Ministry of Defense, for Research & Survey Vessel Seliger in January 2012. ‘Seliger’ is a heading vessel of Project 11982 elaborated by the Central Marine Design Bureau ‘Almaz’. Shipyard ‘Yantar’ has signed the Shipb
Norway: Songa Offshore Awards Stock Appreciation Rights to Certain Key Personnel
The board of directors of Songa Offshore SE has decided to award stock appreciation rights (or so-called “synthetic options”) to certain key personnel of the Songa Offshore Group. The number of new stock appreciation rights corresponds to the value of 2,500,000 ordinary shares in the Company. Seen i
Norway: PSA Carries Out Audit on Heimdal and Heimdal Riser Platform
From 3-6 October 2011, the Petroleum Safety Authority Norway (PSA) carried out an audit of management of operation and maintenance on Heimdal and the Heimdal riser platform (HRP). Objective The objective of the activity was to assess aspects of the management of preventive and corrective maintenance
Noreco Completes Sale of Zidane-1 Gas Discovery (Norway)
Norwegian Energy Company (Noreco) has completed the sale of its interest in license PL435 on Haltenbanken, containing the gas discovery Zidane-1, to OMV (Norge) AS. The agreement to sell PL435 was announced in October this year. The price is NOK 180 million with effective date 1 January 2011. Noreco
Greece: TOP Ships Sells MV Pepito
TOP Ships Inc. announces that it has sold the M/V PEPITO, a 75,928 dwt drybulk vessel built in 2001. The sale of the M/V PEPITO will result in a book loss of approximately $25 million. TOP Ships Inc. is an international maritime shipping company that provides transportation services for crude oil, p
Italy: Pershing Yachts to Launch Pershing 82 Superyacht in 2012
Pershing, brand of the Ferretti Group, among the leading international manufacturers of high performance open motor yachts, from 15 to 35 m, will launch a new, highly anticipated project: Pershing 82′, a contemporary reinterpretation of its successful predecessor, Pershing 80′. Once launched, the v
PSA Norway Inspects Teekay’s Knarr FPSO Barrier Management
During the periods 2-3 November and 15-17 November 2011, the Petroleum Safety Authority Norway (PSA) carried out an audit of Teekay Petrojarl’s (TKPJ’s) system for barrier management in connection with the design of Knarr FPSO. The objective of the audit was to follow up to ensure that TKPL has a ma