Business & Finance
The Netherlands: New Website Damen Dredging Launched
As of May, the new website of Damen Dredging Equipment has gone live. The new website reflects the innovative approach of Damen as a fore runner in the industry. The website shows the company’s full range of dredging gear, and its navigation has been designed to be fast, simple and user-friendly. Th
Teekay in Anglo – Eastern Deal
Teekay is to farm out fifty of its tankers to third party ship management in a tie-up with Hong Kong’s Anglo-Eastern The pact will be one of the world’s biggest deals between an independent ship management company and a shipowner. Anglo-Eastern and Teekay confirmed the tie-up in notices sent in the
Mustang Marine Joins Forces with Milford Haven Ship Repairers (UK)
Mustang Marine announced the merger of Mustang Marine (Wales) Ltd with Milford Haven Ship Repairers (MHSR). Currently the trading name for Milford Haven Port Authority, MHSR is to be rebranded under the Mustang Marine (Wales) Ltd name and will operate from the existing two sites, the dry dock facili
Bergen Group Gets Cranes Order from OSX (Brazil)
Bergen Group Dreggen has been awarded a new contract with the EPC contractor Techint Engenharia e Construção SA in Brazil. The contract has an estimated value of NOK 60-70 million, and comprises delivery of a total of 4 offshore lattice boom cranes for two fixed wellhead platforms being constructed
Eni Awarded Interest in East Sepinggan Offshore Block (Indonesia)
In the 1st Indonesian International Bid Round 2012, Eni has been awarded the East Sepinggan block with a 100% participating interest. The block, located in the offshore East Kalimantan, about 170 kilometers south east of the Bontang LNG processing facility, covers an area of 2,913 square kilometers
ESE Installs Sonardyne’s Sentinel IDS on Saudi Arabian Facility
ESE, a security systems integrator based in Saudi Arabia has been awarded a contract for the installation of a Sonardyne Sentinel Intruder Detection Sonar (IDS) for the protection of an undisclosed key energy asset. The order also includes a specialised deployment system and a sonar head designed fo
China: Jiaolong Submersible to Set New Diving Record
China’s manned submersible Jiaolong will attempt a 7,000-meter dive in the Mariana Trench, stated the State Oceanic Administration. This year the submersible managed to reach 5,188 meters below the sea during its deepest dive in the Pacific Ocean. Head of the State Oceanic Administration, Liu Cigui,
Finland: Nord Stream Starts Joining of Two Pipeline’s Sections
Nord Stream started today the first of two all-important underwater tie-ins of its second gas pipeline through the Baltic Sea. In this complex two-week-long offshore operation, two of the pipeline’s three sections will be joined together 80 metres underwater inside a hyperbaric welding habitat on th
Finland: Nord Stream Starts Subsea Welding Operations to Join Two Pipeline’s Sections
Nord Stream started today the first of two all-important underwater tie-ins of its second gas pipeline through the Baltic Sea. In this complex two-week-long offshore operation, two of the pipeline’s three sections will be joined together 80 metres underwater inside a hyperbaric welding habitat on th
Bermuda: Frontline 2012 Raises USD 120 Million for Vessel Purchases
Frontline 2012 Ltd. announce that it has completed a private placement of 56,000,000 new ordinary shares of USD 2.00 par value at a subscription price of USD 3.75, raising USD 210 million in gross proceeds to the Company (the “Private Placement”). Frontline 2012 has concluded an agreement to acquire
Spain: DCNS Presents Its Underwater Innovations at UDT
The 2012 edition of the annual UDT Europe show – a leading forum for the international undersea defence community – will be held in Alicante, Spain, from 29 to 31 May. DCNS specialists will present papers and displays on some of the Group’s latest technologies. A consistent innovator thanks to its R
China to Develop Deep-Sea Mining Technology by 2030
Industrial deep-sea mining in China can begin as early as 2030, stated the former head of the State Oceanic Administration. China Daily quoted Sun Zhihui as saying: “With the improvement in deep-sea technology, metal resources under the ocean can be explored and mined within 20 years.” China was amo
Germany: gmec 2012 – Strategies for Better Environment
What strategies, programmes and technologies can the maritime industry adopt to continue with success its progress towards better environmental performance? Answers will be provided by gmec, global maritime environmental congress, to be held at the Hamburg Fair site on 3 and 4 September 2012 on the
Angola: First Subsea Completes Mooring of PSVM FPSO
Subsea mooring connector specialist, First Subsea, has successfully completed the mooring of the PSVM (Plutao, Saturno, Venus and Marte) FPSO in 2,000 meters (6,562 feet) of water, in the BP Block 31 ultra deepwater development, offshore Angola. The external turret-moored FPSO has 12 mooring lines,