Business & Finance
SUNA UV Sensor for Susquehanna Monitoring Site (USA)
The National Oceanic and Atmospheric Administration’s (NOAA) Chesapeake Bay Interpretive Buoy System (CBIBS) is a network of observing platforms that deliver meteorological, oceanographic and water quality data live to the web at hourly intervals. The network has recently come under budgetary pressu
Norway: AGR’s Innovations Nominated in ONS Innovation Awards
Two innovations from AGR are in the running for a prestigious industry award. Both the Managed Pressure Cementing system (MPC®) and (EC-Drill®) Managed Pressure Drilling system from AGR’s Enhanced Drilling Solutions division have been nominated in the ONS 2012 Innovation Awards. The ONS show will be
Sweden: TransAtlantic Lays Off 25 Seafarers and Reflags Four Vessels
TransAtlantic’s business area Industrial Shipping recently announced a cost-cutting plan in order to turn the last quarters’ loss trend. As part of this and in agreement with the Maritime Officers’ Association, TransAtlantic now lays off 25 Swedish seafarers and also reflags four ships to Gibraltar
Blue Water Boats Launches Latest Fibreglass Workboat Bluewater 31 (UK)
Blue Water Boats has just launched their latest fibreglass monohull workboat Bluewater 31 using Scott Bader resins. According to Scott Bader, the new vessel, designed by Henry Millington in collaboration with Blue Water Boats, can be used for either work or pleasure, but was primarily designed to be
RESOLVE Launches Two New Vessels (USA)
RESOLVE Engineering Group, LLC has announced the launch of two of the Naval Architecture and Marine Engineering firm’s latest design and construction support jobs. The American Phoenix, a 616’ x 105’ chemical tanker was built by BAE Systems Southeast Shipyards, Alabama for owner Mid-Ocean Tanker Com
USA: Helix Reports Second Quarter Results, Acquires Discoverer 534 Drillship
Helix Energy Solutions Group, Inc. reported net income of $44.6 million, or $0.42 per diluted share, for the second quarter of 2012 compared with net income of $41.3 million, or $0.39 per diluted share, for the same period in 2011, and net income of $65.7 million, or $0.62 per diluted share, in the
Greece: Navios Acquisition Announces Charters for Four LR1 Product Tankers
Navios Maritime Acquisition Corporation, an owner and operator of tanker vessels, announced today that it has chartered out four newbuilding LR1 product tankers. The four LR1 vessels — Nave Cassiopeia, Nave Cetus, Nave Rigel and Nave Atropos — have been chartered out to a high-quality counterparty f
Norway: Talisman Gets Consent to Use Rowan Stavanger for Drilling on Varg Field
Talisman Energy Norge AS has received consent to use Rowan Stavanger to drill three sidetrack wells on the Varg field. The consent relates to drilling of three sidetracks in wells 15/12-A-3 B, 15/12-A-12 E and 15/12-A-1 B on the Varg field. Water depth at the site is 87 metres and the planned durati
UK: MP for North Somerset Visits Viper Subsea
The Rt Hon Dr Liam Fox, MP for North Somerset, visited the company’s headquarters in Portishead on Friday 13th July 2012 and praised Viper Subsea for its successful export strategy, which has contributed to the company’s rapid expansion and a record current order book value. Dr Liam Fox MP, who depa
Atlantic Offshore Orders Two New Vessels from Zamakona Yards, Spain
Atlantic Offshore have ordered two new vessels, worth €50 million from Zamakona Yards in Bilbao, Spain. Atlantic Offshore is now building six new vessels, at a cost of NOK 1.6 billion. Atlantic Offshore have placed orders for two FSV vessels with bollard pull. Additionally, the company have options
Atlantic Offshore Orders New Vessels from Zamakona Yards (Spain)
Atlantic Offshore have ordered two new vessels, worth €50 million (approx. USD 60.5 million) from Zamakona Yards in Bilbao, Spain. Atlantic Offshore is now building six new vessels, at a cost of NOK 1.6billion (approx. USD 262.6 million). Atlantic Offshore have placed orders for two FSV vessels with
Acta Marine Wins Contracts for Offshore Supply Work in Germany
Acta Marine has been awarded new contracts to provide all supply and support vessels for the Mittelplate Drilling and Production Island. Mittelplate is Germany’s largest oilfield and is located in the Wadden Sea tidelands, a unique and sensitive natural environment. The implementation of the highest
HR Wallingford Receives Funding for Underwater Research Project (UK)
Scientists at HR Wallingford have received research funding for a pilot project aimed at investigating the measurement of cohesive sediment properties using high frequency underwater acoustics. The primary aim of this project is to derive semi-empirical algorithms that can be used to calibrate Doppl
Neptune Names New Chief Operating Officer (Australia)
Neptune Marine Services Limited announces that Mr Vincent Allegre will begin work with Neptune in August 2012 in the role of Chief Operating Officer. Mr Allegre will report to Chief Executive Officer Robin King, and is a key appointment in support of Neptune’s future growth plans. Mr Allegre has mor