Business & Finance
Portugal: IMO Authorizes EMSA to Operate LRIT Data Exchange
Operation of the International Data Exchange (IDE) for the Long Range Identification and Tracking of Ships (LRIT) has been successfully transferred to the European Maritime Safety Agency (EMSA) in Lisbon, Portugal. At the 10th session of the Ad Hoc LRIT Group established by IMO (31 October to 3 Nove
Denmark: Jotron Consultas to Provide Fleet Management Software for NORDEN
By a thorough and meticulous screening of what the marked had to offer D/S NORDEN A/S selected the Norwegian-based Jotron Consultas AS as their future provider of fleet management software. The two parties have signed an agreement which includes rollout of latest v.4 of the Consultas Fleet Managemen
Bermuda: Teekay to Buy FPSO Sevan Piranema for USD 165 Million
Teekay Offshore GP L.L.C., the general partner of Teekay Offshore Partners L.P. (Teekay Offshore or the Partnership) , announced today that Teekay Corporation (Teekay) and Teekay Offshore intend for Teekay Offshore to acquire the Sevan Piranema (Piranema) floating production, storage and offloading
UK: FoundOcean Expands its Subsea and Offshore Services with the Introduction of MGC Products
FoundOcean has been appointed as an exclusive agent by IEV International Limited (now a wholly-owned subsidiary of IEV Holdings Limited, a company listed on Catalist of the Singapore Exchange) to market their revolutionary Marine Growth Prevention and Control products in European waters. Until now,
Boskalis, SAAM Explore Opportunities for Joint Towage Operation in America
Royal Boskalis Westminster N.V. (Boskalis) announces that discussions are underway with Sudamericana Agencias Aereas y Maritimas S.A. (SAAM) to explore the possibilities and opportunities for a joint towage operation within the American Continent. The intended joint towage operation within the Ameri
France: Bourbon Reports 15 pct Increase in 3Q Revenues
BOURBON today announces that in the third quarter of 2011, the company’s revenues totaled 252.2 million euros, up 14% (+20% at constant exchange rate) over the same period in 2010, buoyed by the steady improvement in daily rates and the good performance of shallow water offshore vessels. Compared wi
ACCIONA Appoints New Chief Global Business Development Officer (Spain)
Formerly at Citigroup, Fidel Andueza will be responsible for identifying and developing business and commercial opportunities and will sit on the Management Committee. Fidel Andueza will join ACCIONA as Chief Global Business Development Officer as part of an effort to enhance the Group’s internation
ACCIONA Appoints New Chief Global Business Development Officer (Spain)
Formerly at Citigroup, Fidel Andueza will be responsible for identifying and developing business and commercial opportunities and will sit on the Management Committee. Fidel Andueza will join ACCIONA as Chief Global Business Development Officer as part of an effort to enhance the Group’s internation
UK: FoundOcean Expands its Subsea and Offshore Services with Introduction of Marine Growth Prevention and Control Products
FoundOcean has been appointed as an exclusive agent by IEV International Limited (now a wholly-owned subsidiary of IEV Holdings Limited, a company listed on Catalist of the Singapore Exchange) to market their revolutionary Marine Growth Prevention and Control products in European waters. Until now,
UK: Dron & Dickson Optimistic about Future
Dron & Dickson, specialist in design, supply and maintenance of hazardous area electrical equipment, has reported growth in 2010/11 of more than 14.5% with turnover rising to £27.6 million from £24.1million. Pre-tax profits of just under £1million were recorded in the 12 months to the end of May, co
Dron & Dickson Reports Growth in 2010/11 of 14.5 pct (UK)
Dron & Dickson, specialist in design, supply and maintenance of hazardous area electrical equipment, has reported growth in 2010/11 of more than 14.5% with turnover rising to £27.6 million from £24.1million. Pre-tax profits of just under £1million were recorded in the 12 months to the end of May, co
Italy: RINA Acquires D’Appolonia Engineering Consultancy
International classification society RINA has taken control of the D’Appolonia Group, a global engineering consultancy headquartered in Genoa. The acquisition of an 80 per cent holding in D’Appolonia SPA significantly strengthens RINA’s global engineering consultancy and takes RINA’s projected 2012
Eight Foreign Ships Under Detention in UK Ports During September 2011
The Maritime & Coastguard Agency (MCA) announced today that 8 foreign flagged ships were under detention in UK ports during September 2011 after failing Port State Control (PSC) inspection. Latest monthly figures show that there were 4 new detentions of foreign flagged ships in UK ports during Septe
PSA Norway Releases Report on Activities and Challenges in Far North
Technological and operational issues which must be overcome for Norwegian petroleum operations above the Arctic Circle have now been assembled in a single document. The report on Technology and operational challenges for the high north has been commissioned by the Petroleum Safety Authority Norway