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Business & Finance

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Polarcus Receives LOI for 3D Seismic Offshore Norway
Business & Finance

Polarcus Receives LOI for 3D Seismic Offshore Norway

Polarcus Limited, a seismic specialist headquartered in Dubai’s supersupertall skyscraper, the Almas Tower, has received a Letter of Intent from an undisclosed client for two 3D seismic survey projects offshore Norway. According to the Letter of Intent the program should start in mid-May and is expe

about 14 years ago
Saudi Arabia: NSCSA Announces Termination of VLCC Time Charter Contract
Business & Finance

Saudi Arabia: NSCSA Announces Termination of VLCC Time Charter Contract

The National Shipping Company of Saudi Arabia (NSCSA) announces that RWE Supply & Trading GmbH, which had time-chartered Very Large Crude Carrier (Harad) for three years expiring on 24th April 2013, wanted to terminate the time-charter contract on 21st April 2012 and redeliver the vessel. It was agr

about 14 years ago
Stage Set for World Ports & Trade Summit in Abu Dhabi, UAE
Business & Finance

Stage Set for World Ports & Trade Summit in Abu Dhabi, UAE

The second World Ports & Trade Summit, which will be held under the patronage of H.H. General Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi & Deputy Supreme Commander of the Armed Forces, will take place from April 2 to 4 in Abu Dhabi and includes 3 days of exhibition, high [&hellip

about 14 years ago
Polarcus Takes Delivery of Its New Seismic Vessel from Norway
Business & Finance

Polarcus Takes Delivery of Its New Seismic Vessel from Norway

Polarcus Limited announcde that Polarcus Amani AS, a member of the Polarcus Group, took delivery today, 29 March 2012, of POLARCUS AMANI, the seventh 3D seismic vessel to date to join the Polarcus fleet. The vessel was built at Ulstein Verft in Norway and following a short shakedown will commence th

about 14 years ago
UAE: Polarcus Accepts Delivery of 3D Seismic Vessel
Business & Finance

UAE: Polarcus Accepts Delivery of 3D Seismic Vessel

Polarcus Limited, a seismic specialist headquartered in Dubai’s supersupertall skyscraper, the Almas Tower, today accepted delivery of Polarcus Amani seismic vessel. This is the seventh vessel for 3D seismic acquisition that has entered Polarcus’ fleet, so far. Polarcus Amani was constructed at Ulst

about 14 years ago
U.A.E: Polarcus Takes Delivery of 3D Seismic Vessel Polarcus Amani
Business & Finance

U.A.E: Polarcus Takes Delivery of 3D Seismic Vessel Polarcus Amani

Polarcus Limited announces that Polarcus Amani AS, a member of the Polarcus Group, took delivery today, 29 March 2012, of POLARCUS AMANI, the seventh 3D seismic vessel to date to join the Polarcus fleet. The vessel was built at Ulstein Verft in Norway and following a short shakedown will commence th

about 14 years ago
Saipem Bags USD 700 M Worth of Offshore Jobs in Brazil and Saudi Arabia
Business & Finance

Saipem Bags USD 700 M Worth of Offshore Jobs in Brazil and Saudi Arabia

Saipem has been awarded new E&C Offshore contracts in Brazil and Saudi Arabia, worth approximately $700 million. In Brazil, Saipem has been awarded by Petrobras the EPCI contract for the gas export trunkline Rota Cabiúnas, situated in the Santos Basin Pre-Salt Region, approximately 300 kilometres of

about 14 years ago
Italy’s Saipem Hired by Petrobras and Saudi Aramco
Business & Finance

Italy’s Saipem Hired by Petrobras and Saudi Aramco

Saipem has been awarded new E&C Offshore contracts in Brazil and Saudi Arabia, worth approximately $700 million

about 14 years ago
Denmark: BIMCO Publishes GUARDCON Standard Contract
Business & Finance

Denmark: BIMCO Publishes GUARDCON Standard Contract

BIMCO announced the publication of the GUARDCON standard contract for the employment of security guards on vessels. This brand new contract has been developed to provide ship owners and private maritime security companies (PMSC) with a clearly worded and comprehensive standard contract to govern the

about 14 years ago
U.A.E: Grandweld Establishes New Ship Repair Division in Fujairah
Business & Finance

U.A.E: Grandweld Establishes New Ship Repair Division in Fujairah

Grandweld Shipyards announces that it has established a new Ship Repair division in Fujairah, in order to expand its ship repair facilities, and service capabilities at Fujairah Port and offshore Fujairah. With its latest expansion, Fujairah port has become the second largest bunkering port in the w

about 14 years ago
Mermaid Expands Subsea Services with Opening of New Office in UAE
Business & Finance

Mermaid Expands Subsea Services with Opening of New Office in UAE

Mermaid announces that its wholly owned subsidiary Subtech Ltd. has opened a branch office in Abu Dhabi, United Arab Emirates. Subtech already has offices in Qatar and Saudi Arabia. The purpose of the Branch Office is to continue the expansion of Mermaid’s footprint in the Middle East region by givi

about 14 years ago
Singapore: Express Offshore Solutions Wins Pipe Transport Contracts
Business & Finance

Singapore: Express Offshore Solutions Wins Pipe Transport Contracts

Miclyn Express Offshore’s subsidiary, Express Offshore Solutions (“EOS”), has secured further project and pipe transportation contracts totalling US$14.1 m in revenue. These contracts involve both direct and transhipment transportation of pipes from fabrication yards to installation vessels using ca

about 14 years ago
UAE: FORAN Helps Develop New Jack-Up Barge Crane
Business & Finance

UAE: FORAN Helps Develop New Jack-Up Barge Crane

FORAN has been the CAD/CAM used by Drydocks World – Dubai in the development of the engineering of the new jack-up barge crane, called SEP – SAMRAT. Drydocks World – Dubai, the flagship company from the Dubai World Corporation, is about to complete the production documentation and construction of th

about 14 years ago
Qatar: Official Inauguration of DIMDEX Conference
Business & Finance

Qatar: Official Inauguration of DIMDEX Conference

His Highness Sheikh Tamim Bin Hamad Al Thani, Heir Apparent of Qatar and Deputy Commander-in-Chief of the Qatar Armed Forces officially inaugurated the third Doha International Maritime Defence Exhibition and Conference (DIMDEX 2012). His Highness was greeted by His Excellency Major General Hamad Bi

about 14 years ago
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