Business & Finance
UK: Cove Encourages Shareholders to Accept Shell’s Takeover Bid
Cove Energy, a UK oil and gas company with primary assets in East Africa, yesterday urged its shareholders to accept the $1.8 billion takeover bid from Shell before May 23, the first closing date for the offer from Shell. The board of Cove, having already endorsed the offer, has said it continues to
South Korea: DSME, STX Shipbuilders Select Honeywell’s IAS for New Vessels
Honeywell announced last month that Daewoo Shipbuilding & Marine Engineering (DSME) and STX Offshore & Shipbuilding (STX) will use Honeywell’s Integrated Automation Systems (IAS) in five vessels commissioned by ship owners in Norway, Russia and the United States. The projects are valued at more than
Rupert Marine Presents Luxury Motor Yacht Rupert 80 (Sweden)
Rupert Marines latest design is an 80-foot luxury motor yacht intended for owners of super yachts and other demanding customers and designed in cooperation with world-renowned naval architects and designers, the exterior bears the signature of Ted Mannerfelt. This 80-foot yacht is the first in serie
UK: ICS Publishes Annual Review of Maritime Policy and Regulatory Developments
To coincide with its Annual General Meeting, in Queensland Australia, on 24-25 May, the International Chamber of Shipping (ICS) has published its latest Annual Review of maritime policy and regulatory developments. Copies are being distributed free of charge via ICS’s 36 member national shipowners’
UK: SHOAL Develops Intelligent Robotic Fish for Pollution Detection
SHOAL, the pan-European ICT project, part funded by the EU, has successfully developed and delivered intelligent robotic fish capable of working together to detect and identify pollution in ports and other aquatic areas. Luke Speller, Project Leader of SHOAL and Senior Research Scientist at BMT Grou
Subsea Training Experts to Set Up UK’s First Sub Surface Search and Rescue Unit
Following an increase in flooding in recent years, a Fire and Rescue Service has drafted in experts in subsea training to set up the UK’s first Sub Surface Search and Recovery Unit. Norfolk Fire and Rescue Service, which is part of Norfolk County Council, received funding from the Department for Env
Norway: Captain Praises Ulstein-built ‘Blue Fighter’ Supply Vessel
In recent years, Inge Gjelsten has been Captain on board several newbuilds: “’Blue Fighter’ is the best of them by far,” he states. He is soon to retire, and concludes: “If I were a newly-educated captain planning for a career on a supply vessel in the North Sea, a vessel of this type would be [&hel
UK: SHOAL Develops Robotic Fish for Water Pollution Detection
SHOAL, the pan-European ICT project, part funded by the EU, has successfully developed and delivered intelligent robotic fish capable of working together to detect and identify pollution in ports and other aquatic areas. Luke Speller, Project Leader of SHOAL and Senior Research Scientist at BMT Grou
APL Receives US Coast Guard’s Award for Marine Environmental Protection
Global container carrier APL received the United States’ Coast Guard’s highest award for excellence in marine environmental protection today. The world’s seventh largest container carrier took home the Osprey award – the highest level of recognition within the Rear Admiral William M. Benkert Award,
Qatar: N-KOM – Leading Shipyards for LNG Repairs
With seven LNG carriers drydocked at the facility, Nakilat-Keppel Offshore & Marine (N-KOM) is one of the leading shipyards for LNG repairs, leveraging on Qatar’s position as top LNG exporter. As part of the Erhama Bin Jaber Al Jalahma Shipyard, N-KOM has successfully completed marine, offshore and
Canada: Tidal Power Technology Faces Numerous Challenges
Even though the tidal power technology gives hope, it is still unproven because of many challenges. In a recently released new marine renewable energy strategy, the NDP government states that the tidal power potential exists but that it requires ambitious and costly measures to make use of it. Accor
AGR Wins Well Management Contract Offshore Tunisia
AGR has been awarded a well management contract from international upstream exploration and production company, Cooper Energy Tunisia Bargou (CTEB). This will see AGR perform the planning, execution and post-drilling activities for a one well programme in the Gulf of Hammamet, offshore of Tunisia. S
China: COSCO Shipyard Group Hands Over Three Bulk Carriers
The Board of Directors of COSCO Corporation (Singapore) Limited announced that subsidiaries of the Company’s 51% owned COSCO Shipyard Group Co., Ltd have made the following deliveries:- 1. COSCO (Guangdong) Shipyard Co., Ltd has delivered two bulk carriers of 57000 DWT, “Wuxing 5” and “APJ SHIRIN”,
AGR Lands Well Management Contract Offshore Tunisia
AGR has been awarded a well management contract from international upstream exploration and production company, Cooper Energy Tunisa Bargou (CTEB). This will see AGR perform the planning, execution and post-drilling activities for a one well programme in the Gulf of Hammamet, offshore Tunisia. Sverr