Business & Finance
Statoil Hires Apply Sørco for Works on Troll C Platform (Norway)
Apply Sørco has been awarded the contract by Statoil for the conversion of one of the main generating gas turbines on Troll C to a low NOx turbine. The upgrade is an environmental measure to reduce NOx emissions from the platform. The contract is valued at approximately 270 million NOK and includes
Pike Research’s Report Analyzes Market Opportunities to Harness Marine Technologies
In many ways marine and hydrokinetic power systems offer one of the most promising areas for renewable energy development. Marine and hydrokinetic resources – including ocean waves, tidal streams, river flows, ocean currents, and ocean thermal differences – are abundant, the technology is improving
Singapore: Masterbulk Renews Safety Service Agreement with WSS
Singapore-based Shipowner and operator Masterbulk has renewed its fleet Safety Service Agreement for a period in excess of two years with Wilhelmsen Ships Service (WSS). Josephine Tay, Account Manager WSS Singapore said, “The WSS safety service agreement significantly reduces administration costs fo
DP World Aden Expands ACT’s Capacity (Yemen)
As part of its continued focus on efficiency and commitment to customers, DP World Aden this month received and operated an additional two gantry cranes, bringing up to seven the number of cranes at the Aden Container Terminal (ACT). The two new Liebherrs Super Post Panamax quay cranes with a capaci
Norway: Odfjell Acquires Two Modern Gas Carriers
Odfjell has acquired two modern LPG/Ethylene gas carriers of about 9,000 m3 carrying capacity each from two Singaporean companies controlled by the BLT Group. The vessels, MT Gas Sumbawa and MT Gas Lombok were built at STX Shipbuilding, Korea in 2008. Delivery to Odfjell will take place in August an
Statoil’s Brage Management Needs Improvement, PSA Norway Says
During the period 24-27 April 2012, the Petroleum Safety Authority Norway carried out an audit of electrical systems, instrumented safety systems and fire and explosion protection on the Brage offshore platform. The audit activity was carried out in the form of a meeting with the operations organisa
DMCA Holds Inaugural Workshop for Maritime Industry Partners in Dubai, UAE
Dubai Maritime City Authority (DMCA), the government authority in charge of regulating and supervising all aspects of the maritime sector in Dubai, has held on Monday, June 25, 2012, the first-ever maritime industry workshop in Dubai attended by key maritime industry partners in the emirate. The wor
The Netherlands: Future Begins as APM Terminals Maasvlakte II Progresses
Equipment orders, software programming and initial construction have forged ahead at APM Terminals’ new 2.7 million TEU annual throughput capacity terminal with a brief presentation and inspection tour held today on land recently reclaimed from the sea at the Maasvlakte 2 site at the Port of Rotterd
New AGR Member Brings 33 Years of Experience in Oil And Gas Industry (UK)
AGR, the world’s largest independent well management group, has appointed Bill Fletcher as Vice President of Well Management (UK and West Africa). Previously Operations Manager at Senergy for four years, he succeeds Ian Burdis who has been made AGR’s Executive Vice President for UK, West Africa and
Norway: SIS Completes Installation of Star IPS Across Solstad Offshore’s Fleet
Star Information Systems (SIS), an industry leader in the supply of software and services for technical ship and rig management, has successfully completed the installation of its Star Information & Planning System (Star IPS) across Solstad Offshore’s fleet of 50 high-specification vessels. Solstad,
German Banks Have Limited Ability to Fund Offshore Wind Power
German plans for shifting to renewables can be funded only to 50%, with banks having a limited ability to finance the rest when it comes to resources like offshore wind power. According to Bloomberg’s information based on the report of the HVB Group, UniCreditSpA (UCG)’s German banking unit, referre
German Banks Have Limited Ability to Fund Offshore Wind Power
German plans for shifting to renewables can be funded only to 50%, with banks having a limited ability to finance the rest when it comes to resources like offshore wind power. According to Bloomberg’s information based on the report of the HVB Group, UniCreditSpA (UCG)’s German banking unit, referre
Fassmer Presents New Naval OPV at Conference in Rio de Janeiro, Brazil
Fassmer actively participated in the OPV Latin America conference held in Rio de Janeiro on the 21st and 22nd of May. During the Conference organized by IQPC and the Brazilian Navy, Fassmer presented its new Naval OPV, an 80m offshore patrol vessel design aiming at higher threat scenarios and matchi
Norway: SIS Installs Star IPS on Solstad Offshore’s Vessels
Star Information Systems (SIS), an industry leader in the supply of software and services for technical ship and rig management, has successfully completed the installation of its Star Information & Planning System (Star IPS) across Solstad Offshore’s fleet of 50 high-specification vessels. Solstad,