Business & Finance
FMS Makes Two Senior Appointments
First Marine Solutions (FMS), an Aberdeen based mooring services provider, has appointed Darren Rendall and Marc Petty as technical director and marine manager, respectively. This announcement follows the recent contract award to provide mooring equipment for BP within the North Sea. Darren Rendall
NG Endurance Wraps Up Sea Trials
Lindblad Expeditions’ first polar newbuild, designed by Ulstein Design & Solutions, National Geographic (NG) Endurance has completed sea trials carried out over the weekend. The polar vessel is soon to return to the shipyard, Ulstein Verft, for the final construction phase before setting off to expl
National Geographic Endurance Aces Sea Trials
The National Geographic Endurance, a new polar expedition ship, has completed sea trials in Storfjorden, Norway.
PGS to Optimize Fleet with Cognite
Seismic contractor Petroleum Geo-Services (PGS) has entered into an agreement with Cognite to reduce vessel operating costs and improve efficiency. In cooperation with Cognite, PGS has launched two digitalization workstreams aiming at improving fleet performance; refining approaches to optimize fuel
GOGL Refinances USD 284 Mn Loan, Delays Scrubber Installations amid Coronavirus
GOGL refinances USD 284 million loan facility covering 15 vessels.
Transocean books loss, but sees improving longer-term market fundamentals
Transocean has booked a loss for the last quarter of 2019 as its revenues increased. The company has reduced the loss sequentially and year-over-year helped by gain on termination of construction contract, tax items, and disposal of assets
WATCH: Royal IHC Kits Out Seven Vega
The video posted by Royal IHC shows the company hard at work on the Subsea 7 reel lay vessel Seven Vega, marking a milestone that involved the installation of aligner wheel on top of the pipelay ramp. Royal IHC secured a shipbuilding contract in October 2017, following a letter of intent announced i
N-Sea Inks Royal Netherlands Navy Deal
Subsea services specialist N-Sea said it has been awarded a contract by the Royal Netherlands Navy. N-Sea will be working with the Navy on mine countermeasure activity, development and training. The work will carried out in preparation for the implementation of the newbuild mine countermeasures vess
EIB Backs Port of Ystad Development Project
The European Investment Bank (EIB) has signed a SEK 445 million (EUR 41.75 m) loan agreement with the Municipality of Ystad to expand harbor facilities, so that new, larger LNG vessels can access the harbor. The port in the southern-Swedish town is a busy connection point to the Polish Port of Swino
RMEC Beefs Up Test Bay Facilities and Creates New Jobs
Oilfield services firm RMEC has invested a six-figure sum in its on-site test bay facilities to maximise demand for its maintenance services as well as support the recertification of its equipment rental fleet. It has also employed two new support staff taking its total headcount to 43. The firm has
Equinor hires two platform suppliers from Skansi Offshore
Faroe Islands-based offshore vessel operator Skansi Offshore has won two contracts from Norwegian oil major Equinor for two platform supply vessels (PSVs).
Maersk Tema Boarded by Pirates off Guinea, Crew Safe
Maersk Tema boarded by pirates while underway off the coast of West Africa on Friday, February 14.
Thenamaris Lifts Option for 4th LPG Carrier at Hyundai Mipo
Thenamaris has declared an option for the fourth in a series of 38,000 cbm LPG carriers.
PHOTO: TSHD River Thames Out on the Sea Again
Following the completion of successful sea trials, the 2.300m³ trailing suction hopper dredger (TSHD) River Thames went out on the sea again for a series of dredging trials, DEME Group announced today. This compact hopper with a small draught will soon reinforce their fleet and is ideally suited for