Business & Finance
Malaysia: Coastal Group Receives Order for Ten OSVs
Coastal Contracts Bhd announced on July 9 that its wholly-owned subsidiaries, Coastal Offshore (Labuan) Pte Ltd, Thaumas Marine Ltd and Pleasant Engineering Sdn Bhd, have collectively secured contracts for the sale of ten units offshore support vessels (“OSV”) and two units low-end vessels for an ag
ROMAR Invests in R&D and Launches New Swarf Recovery Unit (UK)
Aberdeenshire-based oilfield service company ROMAR International has expanded its product range with the launch of a new swarf recovery unit, as a result of more than doubling investment in research and development (R&D). To ensure it can respond to the future increased demands of the offshore well
Technip Receives LOI for the First Spar Hull in Norwegian Waters
Technip received a Letter of Intent from Statoil for their Aasta Hansteen (previously named Luva) field development, offshore Norway, in approximately 1,300 meters (4,250 feet) of water depth. The project will be led by Technip in a consortium with Hyundai Heavy Industries (HHI). The contract covers
Technip Receives LoI for World’s Largest Spar Hull
French oilfield services provider Technip has received a Letter of Intent for the world’s largest Spar hull for the Aasta Hansteen field development, offshore Norway Technip received a Letter of Intent from Norway’s supermajor Statoil for their Aasta Hansteen (previously named Luva) field developmen
Global Offshore Services Buys AHTSV (The Netherlands)
Global Offshore Services Ltd has informed the Bombay Stock Exchange that its Dutch subsidiary Global Offshore Services B. V. has acquired an Anchor Handling Tug cum Supply Vessel (AHTSV). The vessel is a 60 Ton AHTSV built in August, 2009, having FIFI 1 and DP1 capabilities. The company did not reve
Keppel Wins USD 200 Mln FPSO Topsides Fabrication Contract (Brazil)
Keppel Offshore & Marine Ltd has, through its Brazilian subsidiary Keppel FELS Brasil, been awarded a contract by MODEC and Toyo Offshore Production Systems Pte Ltd (MTOPS), to construct topsides for an FPSO. The contract, estimated at USD 200 million, encompasses the fabrication and integration of
Oceana: EU Votes to Protect Sharks and Rays
Oceana announced that the EU has finally voted in favour of strictly protecting ten threatened species of sharks and rays in the Mediterranean Sea, under the Barcelona Convention. These species, including hammerheads, tope, and shortfin mako, have declined dramatically in numbers – some by as much a
Wartsila Supplies China’s First LNG Powered Tugs
Wärtsilä, the marine industry’s leading solutions and services provider, is to supply the main engines for two environmentally sustainable tugs being built for CNOOC Energy Technology & Services Limited (CETS), a subsidiary of the state-owned China National Offshore Oil Corp. (CNOOC). The vessels ar
Greece: Ariston Navigation Corporation Orders Electric Cranes from Cargotec
A Chinese state-owned shipyard has ordered MacGregor variable frequency drive cranes and folding-type hatch covers for Greek bulk shipping operator Ariston Navigation’s six new generation 35,000 dwt bulkers. The contract is booked into Cargotec’s second quarter order intake. Deliveries are scheduled
FSUE Rosmorport General Director Pays Working Visit to Kaliningrad Seaport, Russia
On July 5 and 6, 2012 the FSUE “Rosmorport” General Director A.V. Lavrishchev and First Deputy Director of Federal Marine and River Fleet Agency S.P. Gorelik made a working visit to the seaport of Kaliningrad. In the framework of the working trip, S.P. Gorelik and A.V. Lavrishchev visited the port i
Saga Sapphire Makes Her Maiden Call to Falmouth, USA
Falmouth Harbour Commissioners (FHC) has welcomed an extra special cruise ship into the port, marking the occasion with an exchange of commemorative plaques. The 600-passenger Saga Sapphire was making her maiden call to Falmouth on June 30, the 14th cruise call of the year so far. FHC chairman David
The Netherlands: Javelin Names First Survey Vessel Guardian
On 22 June 2012, Braveheart Shipping baptized its Javelin 22.22 “Guardian”. Guardian is the first Javelin built and developed by Javelin International by order of Braveheart Shipping. With this ship, especially being used for survey activities, Braveheart is further expanding its fleet and consequen
Sri Lanka Ports, Trade & Logistics Two Day Conference and Exhibition Kicks Off
Sri Lanka Ports, Trade & Logistics two day Conference and Exhibition, launched under the initiative of Hon.Minister of Transport – Kumara Welgama commenced on the 10th July 2012 in Colombo. The conference supported by Sri Lanka Ports Authority (SLPA), is another important annual fixture in the inter
Nord Stream Second Pipeline Operating Permission Granted (Denmark)
Yesterday the Danish Energy Agency granted Nord Stream permission to operate the second of its twin pipelines that will transport natural gas from Russia to Europe. The permit to operate the first pipeline was granted a year ago, in July 2011. The operations permit was granted as Nord Stream has met