Business & Finance
Norway: Atlantic Offshore Expands Its Fleet
Kleven Maritime has signed a contract with Atlantic Offshore on the delivery of two platform supply vessels (PSV) at a total value of around NOK 700 million( USD 117 million). The vessels are to be built at Kleven Maritime’s shipyard Myklebust Verft. The contract also includes an option for a furthe
USA: Texas Instruments Sponsors IEEE Medal Award
Texas Instruments Incorporated announced that G. Clifford Carter, an engineer whose pioneering contributions to determining and using coherence and time-delay estimation have had lasting impact on the field of signal processing including sonar detection, classification and localization, was honored
RGI Supports Norway-UK-Germany Interconnectors Project
The Renewables-Grid-Initiative (RGI) welcomes the official announcement of the development of two interconnectors from Norway to the UK and from Norway to Germany by the Transmission System Operators (TSOs) National Grid, TenneT and Statnett. The interconnectors will contribute to a higher share and
Spain: TERCAT’s New Muelle Prat Terminal Begins Testing Phase
Terminal Catalunya (TERCAT), a member of the Hutchison Port Holdings Group, has announced the first vessel call at its new terminal Muelle Prat, signifying the start of the testing phase which will cover all equipment and IT systems. The unloading of containers from the Mediterranean Shipping Compan
Noreq Wins Major Contract for WODS Offshore Wind Farm, UK
Noreq’s Danish subsidiary, NoreqActa, has been awarded the contract for 108 pieces WTPC’s (Wind Turbine Platform Cranes) to be placed on the West of Duddon Sands (WODS) offshore wind farm. The West of Duddon Sands wind farm is a joint venture between Scottish Power Renewables and Danish company DONG
Polarcus in Board Restructuring (UAE)
Polarcus’ Board of Directors yesterday accepted the resignation of Carl-Peter Zickerman as a Director of the Company. With the previously announced delivery of the 3D seismic vessel, POLARCUS ADIRA, on 21 June 2012 marking the completion of the Company’s eight vessel building program, Polarcus has e
South Korea: Samsung Heavy Industries Delivers Stena Supreme
On Friday, June 29 the Suezmax tanker Stena Supreme was delivered from Samsung Heavy Industries in Geoje, South Korea. The Stena Supreme is a crude oil tanker and with a length of 274 m, it is the largest vessel in Concordia Maritime’s fleet. The vessel, representing an investment of around SEK 500
Mermaid Maritime Board Forms Executive Committee (Thailand)
Mermaid Maritime Public Company Limited advises that its Board of Directors have resolved to form an Executive Committee (“Excom”) comprising four members of the Board, namely, Mr. Prasert Bunsumpun, Mr. Chalermchai Mahagitsiri, M.L. Chandchutha Chandratat and Mr. Joseph Chia. Mr. Prasert Bunsumpun,
ATR Group Acquires Underwater Engineering Services (UK)
Global-leading oil and gas equipment services specialist ATR Group has completed its first strategic acquisition following its recent MBO supported by NBGI Private Equity. The acquisition of Underwater Engineering Services (“UES”) strengthens ATR’s existing subsea capabilities and demonstrates the G
Denmark: Maritime Law Committee Submits New Report
On 18 April 2012, the Maritime Law Committee submitted its report on contracts for the carriage of goods wholly or partly by sea (the Rotterdam rules). The report was submitted to the Minister for Business and Growth in May 2012. The report concerns the United Nations Convention on Contracts for the
McDermott Orders Pipeline Coatings for Ichthys Project (Australia)
ShawCor Ltd.’s pipecoating division, Bredero Shaw, has received a contract with a value in excess of US$100 million from McDermott Australia Pty. Ltd. to provide pipeline coatings and related products and services for the flowlines and tie-in spools for the Ichthys LNG Project. This is the second co
InterMoor Software Provides Overview of Gulf of Mexico Offshore Structures
InterMoor, an Acteon company, has launched MoorVision, an innovative software system that provides clear, up-to-date photos of the infrastructure in any defined area in the Gulf of Mexico (GoM) using Google Earth™. The first step for drilling with a moored mobile offshore drilling unit (MODU) in the
Atlantic Offshore’s ERRV Vessel to Work at Total’s Martin Linge Field (Norway)
Atlantic Offshore has been awarded a four-year contract with the oil- and gas-company TOTAL in the North Sea. The company will from 2014 operate a new ERRV, providing for of up to 300 people, in the field of Martin Linge, North West of Stavanger. The agreement is initially for four years and initiat
ISS Announces New Regional Operations Team For Europe and North Africa
Inchcape Shipping Services, the world’s leading maritime services provider, has announced its new regional team for Europe and North Africa following the creation of its new operations division. Reflecting ISS’ transition from eight regional profit centres within two hemispheres to four world region