Business & Finance
USA: BSEE Director Hosts BOP Forum
BSEE Director Jim Watson hosted an offshore energy safety forum that brought together federal decision-makers, industry, academia, and other stakeholders to discuss additional steps that BSEE and the industry can take to continue to improve the reliability and safety of blowout preventers (BOPs). Du
Cyprus: BSM Opens New Maritime Training Centre
The inauguration of the new premises for the Maritime Training Centre took place on Friday, 18th May, 2012, Limassol, Cyprus with the blessing of the Bishop of Limassol Athanasios and in the presence of municipal and state officials. BSM, known in Cyprus until recently as Hanseatic, was established
Japan: Marubeni, INCJ Complete Acquisition of Seajacks
Marubeni Corporation (Marubeni) and Innovation Network of Japan (INCJ) have jointly completed a deal after closing the financing for the acquisition of Seajacks International Ltd. (Seajacks), whose purchase had been agreed upon with Riverstone Holdings LLC. The finance was provided through a syndica
PEMA Delivers Flat Panel Line for Baku Shipyard in Azerbaijan
Pemamek Oy Ltd has agreed on design, construction and delivery of a flat panel line for Baku Shipyard LLC from Azerbaijan. After commissioning in early 2013, Baku Shipyard will operate a latest-technology flat panel line for ship panel fabrication in their new facility. The scope of the delivery is
UK: CTruk Boats Bags Five Orders at Seawork 2012
CTruk Boats, innovative UK shipyard on the east coast, has secured five new orders at Seawork 2012. The company will build the first CVenture40, which offers year-round utilisation for owner-operators, and four 19m multi-purpose catamarans (MPC). Andy White, Chairman of CTruk Boats, said, “These ord
Spain: Craig Group Launches Final ERRV Grampian Defiance
The last in the series of new D class Emergency Response and Rescue Vessels (ERRVs), commissioned by Craig Group in a £35million investment programme, has been launched. The Grampian Defiance, the last of four new-build emergency rescue and response vessels (ERRVs) which will be managed by Craig Gro
US Regulators Require Live Drill of MWCC’s Capping Stack
As part of the Obama administration’s ongoing efforts to strengthen the oil and gas industry’s ability to respond in the event of a deepwater blowout and ensure that offshore oil and gas production can continue to expand safely and responsibly, Secretary of the Interior Ken Salazar charged the Marin
Japan: Marubeni and INCJ Complete Acquisition of Seajacks
Marubeni Corporation (Marubeni) and Innovation Network of Japan (INCJ) have jointly completed a deal after closing the financing for the acquisition of Seajacks International Ltd. (Seajacks), whose purchase had been agreed upon with Riverstone Holdings LLC. The finance was provided through a syndica
Japan: Marubeni and INCJ Complete Acquisition of Seajacks
Marubeni Corporation (Marubeni) and Innovation Network of Japan (INCJ) have jointly completed a deal after closing the financing for the acquisition of Seajacks International Ltd. (Seajacks), whose purchase had been agreed upon with Riverstone Holdings LLC. The finance was provided through a syndica
Norway: Höegh LNG Extends Charter for LNG Carrier Norman Lady
Höegh LNG has through its 50/50 joint venture company Methane Carriers Ltd. signed an agreement with Gas Natural Aprovisionamientos SDG (Gas Natural) for an extension of the time charter for the 87,000 m(3) LNG carrier Norman Lady at improved commercial terms. The agreement is for further trading fo
Craig’s Latest Emergency Response Vessel Launched in Spain
Craig Group celebrates completion of £35million investment programme with launch of Grampian Defiance. The last in the series of new D class Emergency Response and Rescue Vessels (ERRVs), commissioned by Craig Group in a £35million investment programme, has been launched. The Grampian Defiance, the
International Chamber of Shipping Elects New Chairman
At its Annual General Meeting in Port Douglas, Queensland, today (25 May), the International Chamber of Shipping (ICS) elected a new Chairman, Mr Masamichi Morooka (Japan). ICS is the principal international trade association for shipowners, with a membership comprising national shipowners’ associat
Craig Group Launches Last in Series of New D Class ERR Vessels in Spain
Craig Group celebrates completion of £35million investment programme with launch of Grampian Defiance The last in the series of new D class Emergency Response and Rescue Vessels (ERRVs), commissioned by Craig Group in a £35million investment programme, has been launched. The Grampian Defiance, the l
UK: Scotrenewables Completes 4 Day Deployment of SR250
Continuing on from the successful grid connection last month, Scotrenewables Tidal Power Ltd. has forged ahead with their testing plan and have just completed a 4 day deployment of the SR250. Using the locally owned multi-cat ‘MV Orcadia’, the device was towed to site on Thursday morning and connect