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Business & Finance

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UK: Tritech Launches 4000m Gemini Imaging Sonar at Subsea 2011
Business & Finance

UK: Tritech Launches 4000m Gemini Imaging Sonar at Subsea 2011

Following the success of the shallow-water real-time imaging sonar, Gemini 720i, Tritech has launched a deep-rated version of the popular sonar, Gemini 720id. Available now in 300m and 4000m versions, Gemini is a forward-looking sonar which utilises an array of transducers to provide a 120º field of

about 15 years ago
Norway: Bergen Group Reports Increased Order Book and Strengthened Profit Margin in Q4 2010
Business & Finance

Norway: Bergen Group Reports Increased Order Book and Strengthened Profit Margin in Q4 2010

Bergen Group announced a strong boost in the group’s order book during Q4 2010. At the same time, the profit margin is considerably improved compared with the previous quarter. “The general outlook for the group’s market areas are considered positive in both short and long term”, says CEO Pål Engebr

about 15 years ago
The Netherlands: Fairstar Announces 2010 4Q Results and Fleet Utilization Update
Business & Finance

The Netherlands: Fairstar Announces 2010 4Q Results and Fleet Utilization Update

Fairstar Heavy Transport NV (FAIR) announced today an EBITDA loss of USD 2.7 million for the Fourth Quarter of 2010. Fleet utilization of FJORD and FJELL for the quarter was 32%, the lowest level ever experienced by Fairstar since the FJORD and FJELL went into service in 2008 and 2009 respectively.

about 15 years ago
BMT Recognised Amongst Top 100 Fastest Growing Companies in Europe (UK)
Business & Finance

BMT Recognised Amongst Top 100 Fastest Growing Companies in Europe (UK)

BMT Group Ltd, the leading international maritime design, engineering and risk management consultancy, has been recognised for its outstanding achievements in generating sustainable growth and jobs by Europe’s 500, a non-profit organisation which promotes entrepreneurship. Former German Chancellor,

about 15 years ago
Finland: Wartsila Appoints Bjorn Rosengren President and CEO as of 1 September 2011
Business & Finance

Finland: Wartsila Appoints Bjorn Rosengren President and CEO as of 1 September 2011

Wärtsilä’s Board of Directors has appointed Mr Björn Rosengren M.Sc. (Tech.), born 1959, as the new President and CEO of Wärtsilä Corporation. He will assume the position on 1 September 2011, succeeding Mr Ole Johansson, who will retire. Currently Mr Rosengren works as Senior Executive Vice Presiden

about 15 years ago
Finland: Wartsila Appoints Bjorn Rosengren President and CEO as of 1 September 2011
Business & Finance

Finland: Wartsila Appoints Bjorn Rosengren President and CEO as of 1 September 2011

Wärtsilä Corporation Changes in management 10 February 2011 at 9.30 a.m. EET Wärtsilä’s Board of Directors has appointed Mr Björn Rosengren M.Sc. (Tech.), born 1959, as the new President and CEO of Wärtsilä Corporation. He will assume the position on 1 September 2011, succeeding Mr Ole Johansson, wh

about 15 years ago
Norway: Statoil Secures Transocean Leader Rig on a 3-Year Contract Worth $427 Million
Business & Finance

Norway: Statoil Secures Transocean Leader Rig on a 3-Year Contract Worth $427 Million

Transocean Ltd. announced that its high-specification semisubmersible rig Transocean Leader has been awarded a three-year contract by a subsidiary of Statoil ASA for operations in Norway. The contract, which has a one-year extension option, is expected to commence in direct continuation of the rig’s

about 15 years ago
UAE: Steel Cutting Ceremony for Newbuild Polarcus’ Vessel
Business & Finance

UAE: Steel Cutting Ceremony for Newbuild Polarcus’ Vessel

Polarcus Limited announced that the official steel cutting ceremony of newbuild NB292 took place on 07 February 2011. Vessel NB292 is the first of two newbuilds ordered from Ulstein Verft AS of Norway and announced by Polarcus on 18 November 2010. The vessels are being built to the ULSTEIN SX134 des

about 15 years ago
IRF Meeting to Be Held in Stavanger, The Norwegian Oil Capital
Business & Finance

IRF Meeting to Be Held in Stavanger, The Norwegian Oil Capital

Safety regulators from all over the world will be meeting in Stavanger this autumn to review follow-up activities in the wake of the Deepwater Horizon disaster. The International Regulators’ Forum (IRF) conference in Vancouver last autumn resolved to hold an extraordinary session during 2011 to upda

about 15 years ago
Residents Share Their Views on £400-Million Marine Energy Park Plan in Killingholme (UK)
Business & Finance

Residents Share Their Views on £400-Million Marine Energy Park Plan in Killingholme (UK)

DOZENS of residents shared their views on plans to build a £400-million Marine Energy Park to serve the offshore wind industry in… (thisisgrimsby) [mappress] Source: thisisgrimsby, February 09, 2011

about 15 years ago
HARWICH Faces Competition From Two Other Sites for Gamesa’s Base (UK)
Business & Finance

HARWICH Faces Competition From Two Other Sites for Gamesa’s Base (UK)

HARWICH faces competition from two other UK locations in the contest to be chosen by Spanish company Gamesa as a manufacturing base for wind… (edp24) [mappress] Source: edp24, February 09, 2011

about 15 years ago
Norway: Bergen Group Wins Offshore Cranes Contract
Business & Finance

Norway: Bergen Group Wins Offshore Cranes Contract

Bergen Group Dreggen AS, a subsidiary of Bergen Group ASA, has been awarded a new contract for the delivery of two large crane units to a European customer. Total order value is NOK 35-40 million, and the delivery is expected to be completed in Q3 2011. These orders confirm a strong international po

about 15 years ago
UK: Enermech Secures $16 Million Crane Project for Total
Business & Finance

UK: Enermech Secures $16 Million Crane Project for Total

Mechanical engineering group EnerMech has been awarded a five year contract to provide a range of crane services for TOTAL E&P UK Limited. The contract is worth an estimated £10 million and covers the Elgin, Franklin, Alwyn and Dunbar platforms in the North Sea and TOTAL’s onshore crane requirements

about 15 years ago
UK: CSL Strengthens Project Delivery Capability with Appointment of Projects Manager
Business & Finance

UK: CSL Strengthens Project Delivery Capability with Appointment of Projects Manager

CSL, the Aberdeen-headquartered project management and engineering company announces that Charlie Hughes(photo) is joining the company in the new role of Projects Manager. Charlie has a strong background in Pre-Commissioning and Project Management from his recent career in Acergy that will reinforce

about 15 years ago
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