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Business & Finance

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SubseaEquipmentOperations & MaintenanceGreen MarineFossil EnergyShipbuilding
Kinemetrics to Install Underwater Seismic Stations Off Azerbaijan
Business & Finance

Kinemetrics to Install Underwater Seismic Stations Off Azerbaijan

Representatives of US-based earthquake monitoring company Kinemetrics arrived in Azerbaijan to determine the technical conditions of underwater seismic stations and examine the platforms where the seismic stations will be installed, APA reported. “The earthquake monitoring systems will be installed

about 14 years ago
Pishgaman Installs First Iranian Underwater Cable
Business & Finance

Pishgaman Installs First Iranian Underwater Cable

Pishgaman Cooperatives Group, a privately-owned group of telecommunication companies, launched the first Iranian underwater optical fiber cable, Fars News reports. The cable is 400 kilometers long, and stretches under the Sea of Oman. It was officially launched during a ceremony held on Tuesday. Yaz

about 14 years ago
GL to End Its Certification of Iranian Shipping Vessels (Germany)
Business & Finance

GL to End Its Certification of Iranian Shipping Vessels (Germany)

On Monday, United Against Nuclear Iran (UANI) applauded the German shipping service Germanischer Lloyd (GL) for pledging to end its certification of Iranian shipping vessels, specifically those of the Islamic Republic of Iran Shipping Lines (IRISL) and the National Iranian Tanker Company (NITC). Las

about 14 years ago
Woodside Extends Polarcus Contract (Australia)
Business & Finance

Woodside Extends Polarcus Contract (Australia)

On March 6, 2012, Polarcus received a Letter of Award for a 3D seismic acquisition project offshore Australia. The UAE-based seismic specialist has today announced it has received confirmation of an extension to the previously announced Letter of Award from Woodside. The project extension is expecte

about 14 years ago
Call for Industry to Act upon Maritime Labour Convention
Business & Finance

Call for Industry to Act upon Maritime Labour Convention

On 12 June, the International Labour Organisation announced that Sweden had become the 28th country to ratify the Maritime Labour Convention (MLC) 2006. DNV has further information that Cyprus has submitted its documents of ratification and the ILO has announced that the Russian Duma has adopted the

about 14 years ago
Qatar: Nakilat Assumes Full Management and Operations of VLGCs
Business & Finance

Qatar: Nakilat Assumes Full Management and Operations of VLGCs

Nakilat, Qatar’s premier gas transporter, has assumed full responsibility for the management and operations of its four VLGCs (Very Large Gas Carriers), expanding Nakilat’s critical role in Qatar’s maritime sector by adding in-house ship management and operations to the spectrum of marine services o

about 14 years ago
Visiongain: Spending on Subsea Production Systems to Reach USD 8.89 Bln in 2012
Business & Finance

Visiongain: Spending on Subsea Production Systems to Reach USD 8.89 Bln in 2012

The world has finite hydrocarbon resources and conventional oil reserves are particularly in short supply. Furthermore, conventional oil resources from the Middle East are very much under threat of disruption as embargoes on Iranian oil exports come into full effect at the end of June 2012. However,

about 14 years ago
Otto Marine’s ‘SOC Endeavor’ Secures Chartering Contract in the Persian Gulf
Business & Finance

Otto Marine’s ‘SOC Endeavor’ Secures Chartering Contract in the Persian Gulf

Otto Marine Limited, a leading offshore marine company which specializes in building complex offshore support vessels, ship chartering and offers specialized offshore services, announced that it has secured a ship chartering contract for a firm 180 days, with an option to extend for 3×1 month + 3×1

about 14 years ago
Otto Marine Secures Contract for SOC Endeavour Vessel in Persian Gulf
Business & Finance

Otto Marine Secures Contract for SOC Endeavour Vessel in Persian Gulf

Singapore’s Otto Marine Limited has secured a ship chartering contract for a firm 180 days, with option to extend for 3 x 1 month + 3 x 1 yearfor its newly built 75 meters Work Maintenance Vessel. The contract is expected to generate approximately US$7.6 million for the minimum scheduled period of t

about 14 years ago
Lamprell Announces Delivery of Jack-Up Rig to PEMSA (Mexico)
Business & Finance

Lamprell Announces Delivery of Jack-Up Rig to PEMSA (Mexico)

Lamprell, a provider of specialist engineering services to the international offshore and onshore oil & gas and renewables industries, announced that it has successfully delivered Hull 108. The contract award from Compañía Perforadora Mexico S.A.P.I. DE C.V. (“PEMSA”), a subsidiary of Grupo Mexico,

about 14 years ago
Lamprell Delivers Jack-up Rig to Mexican Client
Business & Finance

Lamprell Delivers Jack-up Rig to Mexican Client

Lamprell, a provider of specialist engineering services to the international offshore and onshore oil & gas and renewables industries, has successfully delivered a jack-up drilling rig to its Mexican client. The contract award from Compañía Perforadora Mexico S.A.P.I. DE C.V. (“PEMSA”), a subsidiary

about 14 years ago
UAE: DP World Completes First Phase of Al Hamriya Port Development Plan
Business & Finance

UAE: DP World Completes First Phase of Al Hamriya Port Development Plan

DP World, UAE Region yesterday (June 12) announced the completion of the first phase of the Al Hamriya port development plans aimed at modernising and upgrading the port to meet customers and fishermen’s growing needs. The first phase officially opened today includes the upgrading of 1 million squar

about 14 years ago
Launching of Qarnen Patrol Vessel Takes Place at Fincantieri Muggiano Shipyard, Italy
Business & Finance

Launching of Qarnen Patrol Vessel Takes Place at Fincantieri Muggiano Shipyard, Italy

On June 8 at Fincantieri Muggiano (La Spezia) shipyard a ceremony was held to mark the launch of the “Qarnen”, a patrol vessel under construction for the United Arab Emirates Navy. Her sister ship, the “Ghantut”, was launched last January. The two vessels – whose names come from an area of the Emira

about 14 years ago
Kongsberg Products for Survey Vessel ‘Al Massah’ (Qatar)
Business & Finance

Kongsberg Products for Survey Vessel ‘Al Massah’ (Qatar)

Unique Maritime Group, one of the leading integrated turnkey subsea and offshore solution providers, has announced the supply of a full package of survey equipment for a new hydrographic survey vessel, with the purpose of conducting a detailed mapping of Qatar’s coastal waters. The package included

about 14 years ago
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