Business & Finance
UK: Lloyd’s Register Publishes New EGTS Guide
Lloyd’s Register has published a new guide, Understanding Exhaust Gas Treatment Systems, to give shipowners and operators an overview of the related technology and emerging regulations they need to make sound business decisions. The technical teams at Lloyd’s Register worked closely with industry an
ICS Calls for Resumption of OECD Shipbuilding Talks (France)
At the Organisation for Economic Co-operation and Development (OECD) in Paris today (Thursday 21 June) the International Chamber of Shipping (ICS) will call on governments to resume negotiations on a new global agreement to eliminate market distorting measures from shipbuilding. Speaking to governme
Statoil and Rosneft Agree to Jointly Bid for Exploration Licenses in Norwegian Barents Sea
Statoil and Rosneft signed agreements on joint bidding for exploration licenses in the Norwegian Barents Sea and on Joint Technical Evaluation covering two Russian onshore assets. This concludes the first implementation agreements envisaged in the strategic cooperation that the two companies entered
Statoil, Rosneft to Jointly Bid for Norwegian Barents Sea Licenses
Statoil and Rosneft today signed agreements on joint bidding for exploration licenses in the Norwegian Barents Sea and on Joint Technical Evaluation covering two Russian onshore assets. This concludes the first implementation agreements envisaged in the strategic cooperation that the two companies e
MODEC FPSO Orders Riser Pull-in Package from IHC Winches (The Netherlands)
IHC Winches, part of IHC Merwede, has signed a contract for the design and manufacture of a riser pull-in spread to be placed on a MODEC Floating Production Storage & Offloading vessel (FPSO). The delivery of the riser pull-in spread is scheduled for Q1 2013. Part of this system will be built in Bra
Maersk Line’s Triple-E Class Joins the World’s Top 100 Sustainable Solutions (Brazil)
Maersk Line’s Triple-E class joins the ranks of the world’s top 100 sustainable solutions. The Sustainia100 award was announced at Rio+20. At the United Nations Conference on Sustainable Development (UNCSD), Maersk Line’s Triple-E class was chosen for a prestigious list of innovative solutions that
Concordia Maritime Orders Two Tankers from GSI (China)
Concordia Maritime has signed a contract with Guangzhou Shipbuilding International (GSI), China for the delivery of two chemical parcel tankers of approx. 50,000 dwt at the end of 2014/beginning of 2015. The investment amounts to around SEK 550 million and the intention is to employ the vessels in t
Sweden: Vattenfall to Invest EUR 4.2 Billion in Offshore Wind Projects
Vattenfall will invest a quarter of its planned EUR 16.6 billion into European offshore wind projects through the 2012-2016 period. Probably, the most of the EUR 4.2 billion amount will be invested in offshore wind sector in Germany and the UK, the Windpower Monthly news site informs. While waiting
Australian O&G Experts Tackle Deep Water Challenges at ITF Regional Technology Conference
ITF, the technology facilitator for the global oil and gas industry, will host a Regional Technology Conference in Perth, Australia on 25 June, where key industry players will take the next steps to unlock solutions for remote deepwater oil and gas assets. More than 60 senior figures from specialist
Denmark Simplifies Registration Process
Merchant ships can now register preliminarily in the Danish DAS and DIS shipping registers on the basis of a copy of the deletion certificate from the ship’s previous register. This meets a request from the business for quicker registration of loans. From June 20 2012, a preliminary registration wit
WPA, ST Marine Join Forces on e-SEAMatic Development (Singapore)
The Karmøy division of Westcon Power & Automation AS (WPA) has found new ways to build the best automation system in the shipping industry. It has now signed an agreement with the shipbuilding giant ST Marine in Singapore, which will be involved in the development of the e-SEAMatic automation system
Australia: Offshore Industry Experts to Discuss Technology Challenges at ITF Conference
ITF, the technology facilitator for the global oil and gas industry, will host a Regional Technology Conference in Perth, Australia on 25 June, where key industry players will take the next steps to unlock solutions for remote deepwater oil and gas assets. More than 60 senior figures from specialist
Statnett, National Grid Develop Interconnector Between Norway and UK
Statnett and National Grid have signed an agreement to confirm their plans to develop an electricity interconnector between Norway and the UK with a goal to have it operational by 2020. The North Sea Network (NSN) project is a key to further development of the North-European power grid, and of high
France: IHO Celebrates World Hydrography Day
The International Hydrographic Organization (IHO) celebrates this year’s World Hydrography Day on 21st June 2012. The theme for 2012 is “International Hydrographic Cooperation – supporting safe navigation”. International cooperation lies at the heart of the IHO. The Organization draws its expertise