Business & Finance
Norway: iSURVEY Invests in Sonardyne’s SPRINT System
Norwegian survey and positioning specialists, iSURVEY Group AS, has chosen to invest in a SPRINT (Subsea Precision Reference Inertial Navigation Technology) system from Sonardyne International to support its ROV surveys and deep water marine construction activities. The purchase follows trials of th
SINOPACIFIC Promotes Ultimate Fuel-Saving Bulk Carriers in Athens, Greece
On May 29, before launch of the Posidonia 2012 in Greece, leading shipbuilding enterprise SINOPACIFIC Shipbuilding Group held an introductory meeting and social gathering in Athens. It highlighted the promotion of the CROWN 63, CROWN MHI 82 and CROWN 121 ultimate fuel-saving and environment friendly
Pacific Drilling Receives LoA for Pacific Sharav Drillship
Pacific Drilling S.A., a fast growing company dedicated to becoming the preferred ultra-deepwater drilling contractor, has received a letter of award for the Pacific Sharav drillship, revealed the company’s CEO Chris Becket. CEO Chris Beckett commented on the increasing demand for ultra-deepwater un
New Hydrographic Survey Vessel Set Sail for Mumbai (India)
The first catamaran hydrographic survey vessel, Makar, constructed by the Alock Ashdown (Gujarat) Limited set sail for Mumbai on its maiden voyage from Ghogha in Gujarat. AAGL received the order by winning the competitive tender, involving public sector as well as private sector shipyards, issued by
UK: MPI’s New Installation Vessels Receive Award
Earlier in the year MPI Offshore Limited was presented with the Inaugural Offshore Renewables Award at the Annual Offshore Support Journal Awards event held in London. The company was given the award for its new generation of wind turbine installation vessels. MPI Offshore’s new generation of offsho
DOF Subsea Receives New Contracts for Its CSVs (Norway)
DOF Subsea announced that it has secured new contracts for its vessels. Fugro has extended the contract on the construction vessel Skandi Carla until July 2017. The Skandi Carla is capable of conducting ROV operations down to 2,500m and it has excellent work platform for intervention, repair and mai
Norway: DOF Subsea Gets New Contracts
Fugro has extended the contract on the construction vessel Skandi Carla until July 2017. DOF Subsea Asia Pacific has entered into contracts in Malaysia and Australia where the vessels Skandi Singapore and Geobay will be utilized. The total value of the new contracts are about USD 65 million. [mappre
Swedish MMT Performs Hydrographic Surveys in Project MONALISA
MMT (Sweden) has been awarded parts of two separate hydrographic survey contracts for the EU financed project MONALISA for the Swedish Maritime Administration (SMA) and the Finnish Transport Agency (FTA). MONALISA is a Motorways of the Sea project which aims at giving a concrete contribution to effi
USA: Revenue from Smart Grid Renewables Integration to Reach USD 4 Billion
Smart grid technologies are often portrayed as being vital to efforts to increase renewable energy production, yet this aspect of the smart grid is the least developed. While there are multiple companies currently active in this market, their efforts have largely been relegated to PowerPoint present
U.S. Army Corps of Engineers to Christen Its Newest Vessel MV Clinton
The U.S. Army Corps of Engineers, Rock Island District, invites the public and media to join the Mayor of Clinton and the Corps for a christening ceremony of its newest vessel, the Motor Vessel Clinton, on June 1 at 2 p.m., at the Clinton Marina, 511 Riverview Drive, Clinton, Iowa. The new vessel is
Finland: MMT Conducts Hydrographic Surveys for MONALISA Project
MMT (Sweden) has been awarded parts of two separate hydrographic survey contracts for the EU financed project MONALISA for the Swedish Maritime Administration (SMA) and the Finnish Transport Agency (FTA). MONALISA is a Motorways of the Sea project which aims at giving a concrete contribution to effi
Shipowners to Benefit from Energy Management Strategy Using ISO 50001
With the focus on rising fuel prices, Lloyd’s Register provides an effective energy management approach that will help owners identify suitable options and opportunities when choosing technologies, operational parameters and fuel types. Increasing energy prices, the patchwork of emissions regulation
CGX Secures Funds for Guyana-Suriname Basin Exploration
Canada’s Pacific Rubiales Energy Corp has agreed to purchase 85,714,285 units of CGX Energy Inc. (“CGX”) at a price of C$0.35 per unit for an aggregate investment of C$30 million. At the same time, the Company has entered into a technical services agreement with CGX whereby Pacific Rubiales will pro
Stena Line Expands on Baltic Sea
Stena Line acquires five ferry routes between Sweden and Germany to Latvia. The three routes, Travemünde to Ventspils and Liepaja as well as the route Nynäshamn-Ventspils have been acquired from Scandlines GmbH. Moreover, Stena Line has acquired Scandlines GmbH’s vessels and operation on the routes