Business & Finance
Handal to Provide Crane Services to Petronas (Malaysia)
Malaysia-based Handal Offshore Services Sdn Bhd has received a Letter of Award from PETRONAS Carigali Sdn Bhd for the provision of integrated crane services . The approximate value of the contract is approximately USD 40 million. The contract is for duration of five years commencing in June 2012. Ha
UK: Xodus Group Appoints Head of Advanced Engineering
International energy consultancy Xodus Group has appointed Dr Mark Hutchinson into the new position of Head of Advanced Engineering to promote technical engineering excellence on global energy projects. Dr Hutchinson brings a wealth of experience, particularly in renewable energy projects. Chartered
UK: Western Isles to Get New Cutting-Edge Ferry
The Western Isles are set to benefit from a new £41.8 million cutting-edge ferry, Transport Minister Keith Brown announced on June 8. The superior designed new vessel which is being commissioned by Caledonian Maritime Assets Ltd (CMAL) will: Be faster, quieter and more reliable than current vessels
New Zealand Calls Oil Companies to Bid for 23 New Blocks
The New Zealand government on Friday launched the annual tender process to attract gas and oil exploration interest in 2012, the Ministry of Economic Development has announced. “By 15 October 2012, the government expects to receive work programme bids from reputable companies interested in investing
Dutch Martrade Announces Sale of PSV Shelf Express
Martrade B.V. of Sliedrecht, The Netherlands announced the sale of PSV Shelf Express to Danish interests. The vessel was kept in a warm lay-up in Italy and was maintained at high standards. She’s now proceeding under own power to a Danish shipyard for rebuilding to Offshore Support Vessel. The Shelf
UK: Marine Building Handed Over to Plymouth University
Regional director of construction company Leadbitter, Rob Bradley, handed over the new Marine Building to the Plymouth University vice-chancellor, Professor Wendy Purcell. The Marine Building is worth GBP 19 million and has the most advanced wave tank testing equipment and an innovation centre for m
Vroon Sells Shelf Express PSV to Danish Client
Dutch shipowner Vroon has sold its Platform Supply Vessel Shelf Express to a Danish customer. The vessel, Length Overall 61.62 m, was kept in a warm lay-up in Italy and was maintained at high standards. The Platform Supply Vessel will undergo a conversion into an Offshore Support Vessel in a Danish
Malaysia: Yinson, PTSC Enter USD 516.11 Mln Consortium Agreement
On June 11, 2012 Yinson Holdings Berhad, seated in Malaysia, announced that it had entered into a MYR1.65bn ($516.11m) worth consortium agreement with Petrovietnam Technical Services Corporation (“PTSC”). The agreement relates to execution and performance of the engineering, procurement, constructio
Bermuda: ITCL – Notice of Non-Binding Charter Termination for MT Phoenix Voyager
Independent Tankers Corporation Limited announces that Chevron Transport Corporation has given nine months non-binding notice of termination for the bareboat charter for the VLCC Phoenix Voyager. Six months binding notice of termination has to be given by Chevron in September 2012 for the terminatio
USA: Scientists to Present Wave Energy Options
Belinda Batten, the director of the Northwest National Marine Renewable Energy Center will hold a free public presentation about wave energy development offshore West Coast, reports the Gazette Times. Namely, scientists are working with businesses, communities and policy makers to consider wave ener
Expo 2012: French SeaOrbiter Represents New Way of Ocean Exploring (South Korea)
The centerpiece of this years’ Frances’ pavilion at Expo 2012 in Yeosu, South Korea, is the SeaOrbiter ocean-going laboratory that could be exploring the seas as soon as late next year, reported CNN. For almost 12 years SeaOrbiter, part submarine, part research vessel, has been a mere concept of Fre
Norway: AX-S System Onboard Havyard Designed Vessel ‘Havila Phoenix’
There are great things happening aboard the vessel “Havila Phoenix” nowadays. During the last two years there have been installations and tests of a whole new system likely to revolutionise the offshore light well intervention market. The vessel, a Havyard 858 design, is designed and constructed by
USA: NRL’s Photovoltaic Cells Tap Underwater Solar Energy
Scientists at the U.S. Naval Research Laboratory, Electronics Science and Technology Division, dive into underwater photovoltaic research to develop high bandgap solar cells capable of producing sufficient power to operate electronic sensor systems at depths of 9 meters. Underwater autonomous system
UAE: ADPC Shares Insights at 5th Global Logistics and SCM Strategy Summit
As part of its continuous commitment to support industry related events, Abu Dhabi Ports Company (ADPC) presented delegates of the 5th Global Logistics & SCM Strategy Summit, held in Dubai recently, with an opportunity to visit both the Taweelah Visitor Centre and the Port Island in a tour specifica