Business & Finance
USA: AMSC Superconductor Wire for European Maritime Project
AMSC, a global solutions provider serving wind and grid leaders, yesterday announced that it has been chosen as the high temperature superconductor (HTS) wire provider for Europe’s POSE2IDON – or Power Optimised Ship for Environment with Electric Innovation Designs Onboard – Project. Funded by the E
Iran: IOEC Receives Certificate to Construct Jack-up Drilling Rigs
IOEC becomes the first Iranian company to apply for building the infrastructure necessary to construct jack-up drilling rigs and gains property ownership rights and a certificate from GL, Germany. Announcing the above, Dr.Ali Taheri stated that with regard to the urgent need of such rigs in the coun
Caley’s Davits for Japanese Fisheries Patrol Vessels
Offshore handling systems specialist, Caley Ocean Systems has supplied davits for four Japanese Fisheries patrol vessels. The davits will allow the rapid deployment and retrieval of a range of high speed workboats, even in Sea State 6 conditions, during patrol operations. The all-weather Caley davit
Swiber Incorporates New Vessel-Owning and Chartering Subsidiary in Singapore
The Board of Directors of Swiber Holdings Limited and together with its subsidiaries announces that the Company has incorporated a new wholly-owned subsidiary known as “Swiber Atlantis Pte. Ltd.” in Singapore with the initial issued and paid up share capital of US$10,000.00. SAPL will be principally
Pacnet Appoints New CEO (Singapore)
Pacnet yesterday announced that the company’s Board of Directors has appointed Carl J. Grivner as Chief Executive Officer, effective 23 July 2012. Mr Grivner brings to Pacnet 23 years of executive and leadership experience, including 12 years of Chief Executive Officer experience in XO Communication
Nautilus Minerals Continues Attempts to Resolve PNG Issue
Nautilus Minerals Inc. announces that in addition to preparing its response to the Notice of Arbitration received from the Independent State of Papua New Guinea (the “State”), it continues to attempt to work with the State in an effort to resolve matters amicably. Nautilus and the state have agreed
Port of Melbourne Reaffirms Expansion Plans (Australia)
Premier Ted Baillieu and Minister for Ports Denis Napthine announced trade figures at the Port of Melbourne surged in the 2011-12 financial year with a 9.1 per cent overall increase at Australasia’s busiest container and general cargo port. Mr Baillieu said in the 2011-12 financial year total port t
Energy Minister Becomes Keynote Speaker at Oil & Gas UK Awards
UK Energy Minister, Charles Hendry MP, has been announced as the keynote speaker at the UK oil and gas industry’s annual showcase awards ceremony. Mr Hendry will address around 600 attendees at the Oil & Gas UK Awards on 8 November and present each of the winners with their prizes on the night. The
Swiber Holdings Incorporates New Singapore Subsidiary
The Board of Directors of Swiber Holdings Limited and together with its subsidiaries announces that the Company has incorporated a new wholly-owned subsidiary known as “Swiber Atlantis Pte. Ltd.” (“SAPL”) in Singapore with the initial issued and paid up share capital of US$10,000.00. SAPL will be pr
UK: FIND Maps Launches Cost Effective Online Marine Data Feeds
FIND Maps, in association with OceanWise, has announced the launch of its innovative MarineFIND online data services. FIND Maps is currently the only supplier of OceanWise Marine data via TMS and WMS/WFS feeds. Development of these new services allows users of marine GIS data and charts to access da
Aker Solutions Acquires Two Subsea Companies (Norway)
Aker Solutions has acquired the Norwegian companies Subsea House and SSH Engineering and plans to further expand and recruit 50-100 people in Stokke, located in the Vestfold county of Norway. The transaction value is undisclosed. Subsea House and SSH Engineering, currently owned by Subsea Holding, e
Swiber Incorporates New Subsidiary in Singapore
The Board of Directors of Swiber Holdings Limited and together with its subsidiaries announces that the Company has incorporated a new wholly-owned subsidiary known as “Swiber Atlantis Pte. Ltd.” (“SAPL”) in Singapore with the initial issued and paid up share capital of US$10,000.00. SAPL will be pr
Norway: Aker Solutions Acquires Two Subsea Companies
Aker Solutions has acquired the Norwegian companies Subsea House and SSH Engineering and plans to further expand and recruit 50-100 people in Stokke, located in the Vestfold county of Norway. The transaction value is undisclosed. Subsea House and SSH Engineering, currently owned by Subsea Holding, e
ABS Endows Chair in Ocean Engineering at University of California (USA)
ABS, the leading provider of classification services to the global maritime industry, has established the American Bureau of Shipping Endowed Chair in Ocean Engineering in the Department of Mechanical Engineering at the University of California at Berkeley (UC Berkeley). Professor Ronald W. Yeung ha