Business & Finance
Gassco Carries Out Modification on Ekofisk-Emden Gas Pipeline
Gassco AS has received consent to carry out modifications on the Ekofisk-Emden gas pipeline in connection with the phase-out of the B-11 compressor facility. Based on studies carried out by Gassco, a decision has been made to route the gas pipeline from Ekofisk to Emden (Norpipe) outside the B-11 co
Management Changes in Kvaerner’s Jackets Division (Norway)
As part of the development of the jackets business towards operational excellence, Nina Udnes Tronstad steps down from her position as Executive Vice President for the Jackets business area and President of Kvaerner Verdal A/S. Senior Vice President Sverre Myklebust will as of today act in both posi
Bermuda Container Line’s Oleander Winner of 2012 Safety at Sea Awards (UK)
On the evening of 14th June the winners of the annual Safety at Sea Awards for 2012 presented by Safety at Sea magazine were announced, and awards presented, at a reception held onboard the WW2 cruiser HMS Belfast in London. There were seven awards given in total covering areas such as equipment, tr
Dockwise Reports New Contracts Worth USD 85 Mln (The Netherlands)
The Netherlands based heavylift and transportation specialist, Dockwise Ltd., today announces near USD 85 million backlog additions in new contracts, bringing total for this quarter to approximately USD 102 million. Dockwise was awarded fifteen short term contracts, mainly for execution in Q2 and Q3
BOURBON Establishes New Financing (France)
To support its growth and finance its investment program for new vessels, BOURBON announces the establishment of new financing for a total of 420 million euros. The financing takes the form of a new Club Deal for a total of 240 million euros with a syndicate of 8 French banks on one hand and on [&he
Norway: DOF ASA Makes Board Changes
Britt Mjellem has today informed the Chairman that she is resigning as Board member of DOF ASA. Britt Mjellem resigns at her own request, given that she will assume a leading position in a competing company. The company thanks Britt for her efforts and contributions as a Board member for several yea
TSTT to Connect Trinidad and Tobago with Submarine Cable
According to the TeleGeography, TSTT, a majority state-owned telecoms provider, announced that that they will install an independent submarine fibre-optic cable to improve inter-island connectivity and broadband services between the twin islands of Trinidad and Tobago. Additionally the company annou
The Netherlands: Amels Shipyard Hosts Christening of SEA RHAPSODY Superyacht
The new 65-metre SEA RHAPSODY was christened at the Amels shipyard in Vlissingen, Holland, on Friday 20 April 2012. The Dutch superyacht builder delivered SEA RHAPSODY on time and the owners are looking forward to starting their yachting season in the Mediterranean as planned. More than 600 people w
Russia: MMC Norilsk Nickel Improves Cargo Transportation Efficiency
OJSC MMC Norilsk Nickel announces that the Company’s cargo transportation efficiency has improved. Fleet modernization and further optimization of container transportation with respect to cargoes shipped from Dudinka made it possible to improve performance specifications of the vessels and reduce ha
Murphy Oil Names New President and CEO (USA)
The Board of Directors of Murphy Oil, an international oil and gas company that conducts business through various operating subsidiaries, today announced the appointment of Steve Cossé as President and Chief Executive Officer, effectively immediately. David Wood, the Company’s current President, Chi
Japan: MOL’s Partner Maritime Colleges Receive MLIT Accreditation
Mitsui O.S.K. Lines, Ltd. today announced that two of its partner colleges in the Philippines, Bicol Merchant Marine College, Inc. and Holy Cross of Davao College, Inc. have received accreditation under the Institution approval Program of Japan’s Ministry of Land, Infrastructure, Transport and Touri
USA: Maersk Line, Limited Receives Benkert Award
Sustainable business practices are central to “constant care,” the watchword across Maersk worldwide, and last month the U.S. Coast Guard formally recognized Maersk’s commitment to environmental stewardship. Maersk Line, Limited (MLL) received the U.S. Coast Guard’s 2012 Rear Admiral William M. Benk
USA: Statoil Secures 26 New Leases in Gulf of Mexico
Statoil was the high bidder on 26 leases in the first lease sale in the Central Gulf of Mexico since March of 2010. With the addition, Statoil will control more than 350 leases in the Gulf of Mexico, further securing its significant leaseholder position “We are very pleased with today’s outcome,” sa
UK: Coastline Surveys Names New Hydrographic Services Division Manager
Coastline Surveys announces the appointment of Andrew Johnson as Hydrographic Services Division Manager. Andy has amassed a wealth of experience during his professional 25 year career in the marine industry worldwide. Andy has particular talents and enthusiasm in team building, business development