Business & Finance
Norway: Petrobras Awards DOF Subsea with Skandi Niteroi Pipelaying Vessel Charter Contract
DOF Subsea announces that it has been awarded, in joint venture with Technip, its second flexible pipelay contract by Petrobras. The second ever pipelay vessel built in Brazil, Skandi Niterói has been awarded a four and half year charter and service contract. The vessel will be used for flexible pip
Norway: ConocoPhillips Extends Bourbon Eko Contract with Bourbon Offshore
Upon expiry of Bourbon Eko’s current contract, ConocoPhillips has awarded Bourbon Offshore Norway a new contract, at market levels for medium PSV with Rescue, until end Sept. 2012 + options. The end of this new contract is in line with the delivery of several new builds to the same Charterer. Bourbo
Norway: ConocoPhillips Extends Bourbon Eko Contract with Bourbon Offshore
Upon expiry of Bourbon Eko’s current contract, ConocoPhillips has awarded Bourbon Offshore Norway a new contract, at market levels for medium PSV with Rescue, until end Sept. 2012 + options. The end of this new contract is in line with the delivery of several new builds to the same Charterer. Bourbo
Kongsberg Maritime Simulators for Kazakhstan’s First Maritime Training Centre
Featuring two full mission Kongsberg Maritime Polaris simulators for navigation training and a Kongsberg Maritime Neptune engine room simulator with advanced touch-screen BigView operation, the brand-new Caspian Maritime Training Center LLP (CMTC), the first maritime training facility in Kazakhstan,
Spain: Ocean Group Acquires Tug Boat from Astilleros Armon Shipyard
Spanish builder Astilleros Armón recently delivered one tug boat powered by two MAN 7L27/38 four-stroke engines and is close to delivering another powered by two similar 9L27/38 engines. The vessels are bound for separate companies of the Italian ‘Ocean Group’. The first project involved the constru
Finland: IMO Adopts HELCOMs Proposal to Ban Sewage Discharge from Ships in Baltic Sea
– The Baltic Sea Action Plan milestone makes Baltic the first sea in the world designated by IMO as a Special Area for sewage discharges; – all HELCOM countries active in backing up the proposal; – regulations adopted in record time in July 2011 The HELCOM Maritime Group proposal to ban all sewage d
Denmark: Maersk Posts 1H 2011 Results
Danish shipping and oil group A.P. Møller – Mærsk today announced results for for the first half of 2011. Revenue for the period increased by 9% to USD 29.9bn (USD 27.4bn), primarily due to higher oil prices and container volumes. Profit for the period was 8% higher at USD 2.7bn (USD 2.5bn), positiv
UK: GustoMSC Contracts Seajacks to Provide Basic Design for Two Self-Propelled Jack-Ups
In February 2010 Seajacks entered into a contract with GustoMSC to provide the Basic Design Package for two purpose built wind farm installation vessels. In June 2010 Seajacks entered into a contract with Lamprell shipyard to build these new vessels and Seajacks will take delivery of the first new-b
Scotland: NorWind Installer Provides Vessel for Tidal Energy Foundation Installation
NorWind Installer (NWI) provided the construction vessel “North Sea Giant” owned by North Sea Shipping when BAUER Renewables Ltd., a subsidiary of BAUER Spezialtiefbau GmbH, successfully installed a drilled-in monopile foundation structure for a tidal energy turbine at the offshore test site of the
Scotland: NorWind Installer Provides Vessel for Tidal Energy Foundation Installation
NorWind Installer (NWI) provided the construction vessel “North Sea Giant” owned by North Sea Shipping when BAUER Renewables Ltd., a subsidiary of BAUER Spezialtiefbau GmbH, successfully installed a drilled-in monopile foundation structure for a tidal energy turbine at the offshore test site of the
Denmark: Maersk Increases Revenue in 1H 2011 Due to Higher Oil Prices and Container Volumes
Danish shipping and oil group A.P. Møller – Mærsk today announced results for for the first half of 2011. Revenue for the period increased by 9% to USD 29.9bn (USD 27.4bn), primarily due to higher oil prices and container volumes. Profit for the period was 8% higher at USD 2.7bn (USD 2.5bn), positiv
Dong Energy Sells Stake in Nordkraft Vind to Focus on Offshore Wind Projects (Denmark)
DONG Energy has sold its 50 per cent stake in Nordkraft Vind to Nordkraft Produksjon for NOK 145 million (DKK 138 million). The size of DONG Energy’s portfolio of wind projects in Norway is found no longer to warrant a continued strategic focus on expansion of the Norwegian market. Nordkraft Vind op
Russia: Okskaya Shipyard Launches Sixth Bulk Carrier for Volga Shipping Company
On August 16 the sixth vessel out of 10 multipurpose bulk carriers under RSD-44 project for Volga Shipping Company was launched at Okskaya shipyard (Navashino, Nizhegorodskaya region). Vessel was called “Captain Kadomtsev”. Ten river self-propelled vessels of RSD-44 project are being constructed at
Greece: NewLead Holdings Announces Agreement for Sale of Two Vessels
NewLead Holdings Ltd., an international shipping company owning and operating tankers and dry bulk vessels, today announced that on August 12, 2011, First Business Bank (“FBB”) and NewLead entered into a sale agreement for two vessels, the Newlead Prosperity and the Newlead Spartounta. Pursuant to t