Business & Finance
UK: Veripos Appoints EAME Division Manager
Aberdeen-based Veripos, the leading supplier of GNSS positioning services to the world offshore industry, has appointed Angus Scott as Regional Manager of its Europe, Africa and Middle East (EAME) division. Reporting to company Managing Director Walter Steedman, he will be responsible for continued
Norway: Vacon Signs Contract to Deliver AC Drives for AXTech Winches
AC drives manufacturer Vacon will deliver liquid-cooled AC drives with a total power of 2.7 MW for active heave-compensated winches onboard a Norwegian-built IMR ship. The delivery will take place in March 2012. Vacon and Norwegian winch manufacturer AXTech signed a contract for 17 liquid-cooled 690
Denmark: DONG Energy 9 Months EBITDA Up Year-on-Year
The Board of Directors of DONG Energy has today approved the interim financial report for the first nine months of 2011 with the following outlook and key performance indicators compared with the first nine months of 2010: — EBITDA was DKK 11.7 billion, up from DKK 10.6 billion in the first nine mon
Germany: ISA, Egg & Dart to Build New Explorer 58 m Superyacht
Italian yacht builder ISA and German design firm Egg & Dart join forces on a relatively new design, an Explorer 58-meter superyacht called “Ranger”. Egg & Dart are actually handling both the exterior and interior designs while ISA will build the vessel. The 58M Ranger is an Explorer styled yacht but
Norway: Atla Represents Det Norske’s Debut in Field Development
Today, the plan for development and operation (PDO) of Atla was approved by the Ministry of Petroleum and Energy. This will be the first field development Det norske participates in. It represents Det norske´s debut, and the first out of many to come over the next few years. The plan for development
DONG Energy EBITDA Up to USD 2.2 Billion (Denmark)
The Board of Directors of DONG Energy has today approved the interim financial report for the first nine months of 2011 with the following outlook and key performance indicators compared with the first nine months of 2010: EBITDA was DKK 11.7 billion, up from DKK 10.6 billion in the first nine month
Norway: Det Norske Debuts in Field Development
Today, the plan for development and operation (PDO) of Atla was approved by the Ministry of Petroleum and Energy. This will be the first field development Det norske participates in. It represents Det norske´s debut, and the first out of many to come over the next few years. The plan for development
Denmark: Clipper Partner Urges Shipowners to Join Forces in Piracy Battle
Clipper Group partner Per Gullestrup says the nationality of seafarers taken hostage in piracy attacks has had a marked impact on the international response to the crisis. Some 94% of crew members taken hostage so far by Somali pirates have come from developing countries, he adds. “I can guarantee t
The Netherlands: RESON to Present New Specialised SeaBat 7101-FLOW at EUROPORT
From 8th to 11th November, 2011, RESON, a market leader in underwater acoustic sensors, state-of-the-art echo sounders, multibeam sonar systems, transducers, hydrophones, and PDS2000 software, will be exhibiting at EUROPORT 2011, at Ahoy in Rotterdam. RESON will be exhibiting their new specialised S
The Netherlands: MAN Rollo, Bodewes Binnenvaart Collaborate on LNG Propulsion Project
Never before has an inland tanker been built, powered by 100% LNG (Liquefied Natural Gas) propulsion. Currently three different projects have been filed for approval by the European Commission. One of such projects is the result of a collaboration between Bodewes Binnenvaart B.V. (part of DAMEN Ship
UK: SeeByte Announces Partnership Agreement with VideoRay
SeeByte, the global leader in creating smart software technology for unmanned systems, and VideoRay the world leader in Inspection Class-ROV technology, have announced their decision to enter a partnership with the aim of developing solutions to improve value to their customers. The decision follows
UK: Siemens Increases Stake in Tidal Energy Company Marine Current Turbines
British tidal energy company, Marine Current Turbines Ltd, announces that Siemens is increasing its share in the company to 45%. “With this increase in its stake, Siemens is strengthening its activities in ocean power generation. We will actively shape the commercialization process of innovative mar
Siemens Increases its Stake in Marine Current Turbines to 45 pct (UK)
British tidal energy company, Marine Current Turbines Ltd, today announces that Siemens is increasing its share in the company to 45%. “With this increase in its stake, Siemens is strengthening its activities in ocean power generation. We will actively shape the commercialization process of innovati
Siemens Increases its Stake in Marine Current Turbines to 45 pct (UK)
British tidal energy company, Marine Current Turbines Ltd, today announces that Siemens is increasing its share in the company to 45%. “With this increase in its stake, Siemens is strengthening its activities in ocean power generation. We will actively shape the commercialization process of innovati