Business & Finance
Canadian Robert Allan Inks Cooperative Agreement with Rotortug
Robert Allan Ltd of Vancouver, B.C., and Rotortug (KST) B.V. of Rotterdam, Netherlands announced the initiation of a new strategic alliance for the future development of the Rotor® Tug concept. Under this Agreement Robert Allan Ltd will now act as the exclusive designer for all Rotor® Tugs. The Agre
Rialto Starts Gazelle Sidetrack Drilling Offshore Ivory Coast
Rialto has commenced a sidetrack (the Gazelle-P3 ST2 well) to optimise the recently drilled Gazelle-P3 ST well in order to underpin the oil and gas development of the Gazelle Field. Following planned testing in the Upper Cenomanian-1 reservoir (UC-1), the Gazelle-P3 ST2 well is intended to be suspen
Norway: Moksters Expands Its Fleet
Møksters increases its focus on the subsea market by ordering a new build special designed for ROV work, survey, diving and light construction work. In addition, the vessel will be able to provide services to windmill construction work. It is designed by Multi Maritime AS in Førde and is called MM85
Norway: Simon Møkster Orders Subsea Vessel from Simek
Møksters increases its focus on the subsea market by ordering a new build vessel special designed for ROV work, survey, diving and light construction work. In addition, the vessel will be able to provide services to windmill construction work. It is designed by Multi Maritime AS in Førde and is call
Daewoo International to Build OSV for Swire Pacific (Singapore)
Daewoo International, the trading arm of POSCO, announced on May 25 that it has won a large shipbuilding order in cooperation with Sungjin Geotec, another POSCO affiliate. Under the deal with Swire Pacific Offshore (SPO) of Singapore, Daewoo International will build a $20 million offshore supply ves
Singapore: Daewoo International to Build OSV for Swire Pacific Offshore
Daewoo International, the trading arm of POSCO, announced on May 25 that it won a large shipbuilding order in cooperation with Sungjin Geotec, another POSCO affiliate. Sungjin Geotec specializes in offshore plant equipment and modules for global energy markets. Under the deal with Swire Pacific Offs
BLG Reports Good Financial Results for 2011
BLG is 135 years old. “When you have managed to mold the experience and performance of 135 years into a successful concept for the future, you’re on the right path,” stated BLG’s CEO Detthold Aden at the Annual Shareholder’s Meeting in Bremen on May 31. The present-day BLG LOGISTICS GROUP AG & Co. K
GC Rieber Shipping Orders Subsea Vessel from Ulstein (Norway)
GC Rieber Shipping has today ordered a new high capacity subsea vessel from Ulstein Verft with an option of one additional vessel. The new building, to be delivered in the first quarter of 2014, represents a total investment of approximately NOK 800 million. “The market for this type of vessel is ex
UK: Scottish Power Completes Tidal Turbine Trials
Scottish Power completed preliminary trials of a 30-meter turbine anchored to the seafloor off the Scottish coast. The results show that the turbine produced one megawatt of electricity, which is enough to power 500 homes and businesses. Alan Mortimer, head of innovation at Scottish Power Renewables
Norway: GC Rieber Shipping Orders Subsea Vessel from Ulstein Verft
GC Rieber Shipping has today ordered a new high capacity subsea vessel from Ulstein Verft with an option of one additional vessel. The new building, to be delivered in the first quarter of 2014, represents a total investment of approximately NOK 800 million. “The market for this type of vessel is ex
Liberian Registry Uses Advance Vessel Screening to Cut Detention Rates
The Liberian Registry has introduced a sophisticated programme to screen advance notice of ship arrivals as part of a detention prevention plan to help maintain its independent ranking among the safest and most efficient ship registries in the world. The overall objective is to maintain and strength
Vos Prodect Supplies Cable Protection Systems for Submarine Cable Project in Denmark
Vos Prodect Innovations B.V. has been awarded a contract for the supply of Cable Protection Systems, for a submarine power cable project in Denmark. This supply contract marks a significant milestone in Vos Prodect’s position among the cable protection system suppliers. Total order covers the design
Norway: GC Rieber Shipping Orders New Subsea Vessel from Ulstein
Today ULSTEIN signed a contract for the delivery of a high capacity subsea construction vessel of the SX121 design to GC Rieber Shipping, with an option for a second vessel. The newbuilding will be delivered in the first quarter of 2014 and has a value of approximately NOK 800 million. “GC Rieber Sh
EUROGATE Participates in Transport Logistic China 2012 Exhibition
Europe’s leading shipping company-independent container terminal operator and number one on Germany’s North Sea coast is again flying the flag in China. For the fourth year in succession, EUROGATE is participating at the transport logistic China 2012 trade fair in Shanghai. At the “German Ports” joi