Business & Finance
Korean Register of Shipping Becomes First Asian Body to Verify Clean Shipping Index
The Korean Register of Shipping (KR) – an IACS member classification society – has become the first Asian organisation to be accredited as a verification body by the Clean Shipping Index. The Clean Shipping Index is an online tool enabling cargo owners to make informed, sustainable choices when sele
South Korea: Eco-Friendly Marine Engines from Hyundai Heavy
Hyundai Heavy Industries, the world’s biggest shipbuilder and a leading marine engine manufacturer, today announced it started exporting the eco-friendly gas engine Hyundai HiMSEN H35/40GV after completing test runs on June 18. The new gas engine runs on liquefied natural gas rather than heavy crude
South Korea: Hyundai Heavy Exports Eco-Friendly Engines
Hyundai Heavy Industries, the world’s biggest shipbuilder and a leading marine engine manufacturer, today announced it started exporting the eco-friendly gas engine Hyundai HiMSEN H35/40GV after completing test runs on June 18. The new gas engine runs on liquefied natural gas rather than heavy crude
Croatia: Uljanik Shipyard Launches Ferry ‘Balaken’
Croatian-based Uljanik shipyard on June 15th 2012 successfully carried out the launching ceremony of the second ferry named Balaken (yard No.499) which is being built for the Azerbaijan State Caspian Sea Shipping Company. The launching ceremony was conducted at the Uljanik ‘s Slipway No.1. The first
Salamander Spuds Bualuang Far East-1 Well, Offshore Thailand
Salamander Energy plc announces the spud of the Bualuang Far East-1 (“FE-1”) exploration well in Block B8/38, Gulf of Thailand. The Bualuang Far East prospect is located approximately 7km to the northeast and up-dip of the Bualuang oil field. The FE-1 well will be drilled to a total vertical depth o
Kongsberg Oil and Gas Technologies Opens New Office in Australia
Kongsberg Oil & Gas Technologies (KOGT), a wholly-owned subsidiary of Kongsberg Gruppen ASA, has established a new office in Perth, Australia. The new office, which was officially opened on 14th June 2012, will provide sales and technical support to customers across Australasia. “The growing number
Kongsberg Oil & Gas Technologies Opens New Office in Australia
Kongsberg Oil & Gas Technologies (KOGT), a wholly-owned subsidiary of Kongsberg Gruppen ASA, has established a new office in Perth, Australia. The new office, which was officially opened on 14th June 2012, will provide sales and technical support to customers across Australasia. “The growing number
Otto Marine’s ‘SOC Endeavor’ Secures Chartering Contract in the Persian Gulf
Otto Marine Limited, a leading offshore marine company which specializes in building complex offshore support vessels, ship chartering and offers specialized offshore services, announced that it has secured a ship chartering contract for a firm 180 days, with an option to extend for 3×1 month + 3×1
Kongsberg Oil & Gas Technologies Opens New Office in Perth, Australia
Kongsberg Oil & Gas Technologies (KOGT), a wholly-owned subsidiary of Kongsberg Gruppen ASA, has established a new office in Perth, Australia. The new office, which was officially opened on 14th June 2012, will provide sales and technical support to customers across Australasia. “The growing number
Noble, K-Line Form Joint Venture (USA)
Noble Chartering Inc (NCI), the dry bulk chartering arm of commodity trader Noble Group, and Kawasaki Kisen Kaisha, Ltd (“K” Line) announce the signing of an agreement to commercially operate several Cape Size Bulk Carriers. A new company (K Noble Hong Kong Ltd.) will run the joint venture which wil
Beach Energy Commences 2D Seismic Survey in Tanzania
Beach Energy Limited has commenced 2D seismic acquisition over its Lake Tanganyika South concession in Tanzania. The 2D seismic is being undertaken by Fugro Oceansismica and is expected to take approximately two months to acquire and seven months to process and interpret. To undertake the seismic, a
Otto Marine Secures Contract for SOC Endeavour Vessel in Persian Gulf
Singapore’s Otto Marine Limited has secured a ship chartering contract for a firm 180 days, with option to extend for 3 x 1 month + 3 x 1 yearfor its newly built 75 meters Work Maintenance Vessel. The contract is expected to generate approximately US$7.6 million for the minimum scheduled period of t
Shipowners Stress Their Role in Delivering Green Growth (Brazil)
On Saturday 16 June, in Rio de Janeiro, at a high level ‘Oceans Day’ event during the United Nations ‘Rio+20′ Summit on Sustainable Development, the International Chamber of Shipping (ICS) presented the views of the world’s merchant shipowners on delivering green growth. On behalf of ICS, the princi
Norway: New Dock Arrives at Kleven’s Myklebust Verft
Kleven Maritime, a technology-focused shipbuilding company whose primary activities include the fitting out and delivery of specialised vessels, announced on Saturday that the new dock arrived at Myklebust Verft. With the new, larger dock, the yard can now offer docking facilities also for large off