Business & Finance
Chinese Offshore Wind Stagnates
Delays in the first offshore concession projectsin China are most likely to cause postponing of the second bidding round, which was supposed to begin in the first half of this year. The China Daily news portal writes that the second group of concession projects involves building of up to 2 GW of off
Chinese Offshore Wind Stagnates
Delays in the first offshore concession projectsin China are most likely to cause postponing of the second bidding round, which was supposed to begin in the first half of this year. The China Daily news portal writes that the second group of concession projects involves building of up to 2 GW of off
USA: Schlumberger, NOV Complete Wilson Transaction
Schlumberger Limited has completed the sale of its Wilson distribution business to National Oilwell Varco, Inc. Terms of the all-cash transaction, which remains subject to customary closing conditions, including regulatory approval, were not disclosed. Founded in 1921, Wilson is a leading distributo
Petrobras: New Data Confirms Carcara Continuity
Brazil’s Petrobras announces that new data obtained from drilling of well 4-SPS-86B (4-BRSA-971-SPS), which is testing the prospect known as Carcará, reinforces the importance of the good-quality oil discovery in block BM-S-8, located in ultradeep waters in the Santos Basin pre-salt region. It has b
Denmark: Maersk Line Announces Restructuring of Its Centre Organisation
Today, Maersk Line announced that it will restructure its global HQ function (Centre). The new Centre organisation will be presented on 12 June and be initiated immediately thereafter. It is expected that a consequence of the new organisation is a reduction of the number of positions in Centre by ap
Nido, Viking Ink MoA to Develop Three Oil Fields Offshore Philippines
Nido Petroleum Limited , in conjunction with SC 54A Joint Venture partners , has signed a Memorandum of Agreement with Viking Energy Holdings to develop three oil fields in SC 54A, offshore Philippines. The MOA is subject to negotiation and execution of a formal agreement between the parties. It out
USA: Crowley Maritime Wins Company Award for NOAA’s VOS Program
Crowley Maritime Corporation has been selected as a 2011 Company Award winner for the United States National Oceanic and Atmospheric Administration (NOAA)’s Voluntary Observing Ship (VOS) program. The selection was based on Crowley’s 48 vessels providing 204,430 highly accurate and timely weather ob
Germany: GL Holds Container Ship Forum
Germanischer Lloyd (GL) gathered a group of clients together in Hamburg for a Forum to examine the latest developments in container stowage and transport. The Forum, one of many held by GL on a regular basis around the world, looked at how, in a time where the market is especially tight, added flexi
NOAA: USA and Europe Strengthen Scientific Cooperation
Top leaders from NOAA and the European Commission’s Joint Research Centre (JRC) signed a landmark agreement that will further strengthen cooperative… [mappress] Source: NOAA , June 01, 2012; Image: NOAA
Denmark: LM Wind Power CEO Leaves Company
LM Wind Power, the world’s leading wind turbine blade manufacturer, supplier of components and services to the wind industry announced that CEO Roland Sundén is leaving after six years with the company. His successor will be the subject of a future announcement. The senior management team remains co
Huntington Ingalls Secures USD 2.38 Billion U.S. Navy Contract
The U.S. Navy yesterday awarded Huntington Ingalls Industries a $2.38 billion fixed-price-incentive contract for the detail design and construction of the multipurpose amphibious assault ship Tripoli (LHA 7). The ship will be built at the company’s Ingalls Shipbuilding division. “Large-deck amphibio
USA: Bluefin Supplies Phoenix with Bluefin-21 System
Bluefin Robotics, the leading provider of free-flooded, modular Autonomous Underwater Vehicles (AUVs) and related technologies announced that the company has sold a Bluefin-21 system to US-based Phoenix International Holdings (Phoenix), an experienced marine services contractor which provides underw
Delivery Ceremony for Cruise Ship Carnival Breeze (Italy)
At a traditional maritime handover ceremony held yesterday at the Fincantieri shipyard in Monfalcone, Italy, Carnival Cruise Lines took delivery of the new 130,000-ton Carnival Breeze, the 24th vessel in the line’s fleet. Carnival Breeze will depart on its inaugural cruise from Venice this Sunday, J
Voith Presents New Vessel Propulsion Control System in Spain
Voith will display a functional model of the new vessel propulsion control system for Voith Schneider Propellers and Voith Radial Propellers at the ITS (International Tug, Salvage & OSV Convention) in Barcelona from May 28 to June 01, 2012. The new system offers various new electronic control and as