Business & Finance
Forum Energy Technologies Successfully Tests BOP-AT in Africa
Houston based Forum Energy Technologies, Inc. announced today the successful testing of its subsea Blowout Preventer Actuation Tool (BOP-AT) on a live well off the coast of West Africa at a water depth of over 1000 meters. The tool closes the blow out preventer remotely using only the power provided
Fairmount Alpine Performs Towing of Ocean Whittington Rig from Brazil to USA
Fairmount Marine’s tug Fairmount Alpine has towed the rig Ocean Whittington from offshore Belem, Brazil, to offshore Galveston, US. For this job Fairmount Marine was contracted by the rigs owner, Diamond Offshore Drilling, for which Fairmount has performed a series of towages in recent years. Ocean
Spain: DSIT Shows Sonar and Acoustic Solutions at UDT
DSIT Solutions Ltd., a subsidiary of Acorn Energy, Inc., announced that it will be exhibiting the company’s underwater security systems and other sonar and acoustic solutions at the Undersea Defence Technologies (UDT) Conference and Exhibition in Alicante, Spain (May 29 – 31, 2012). The company view
Perseus Telecom Selects Ciena’s Equipment for Trans-Atlantic Trading Network
Ciena® Corporation, the network specialist, announced that Perseus Telecom, a global provider of connectivity, has selected Ciena’s equipment, software and services to build an end-to-end, ultra low-latency network between the U.S. and Europe. Combining metro networks in the global financial hubs of
Australia: GLHI’s Propulsion Solution for Impending Environmental Legislation
Some two weeks since Gamma Light & Heavy Industries Ltd released information about their TGPS propulsion system CEO Douglas G. Bruce says the response from the worldwide maritime industry has been overwhelming. “It’s apparent that the industry is very motivated when it comes to addressing looming en
Fairmount Tows Diamond Offshore’s Rig from Brazil to USA
Fairmount Marine’s tug Fairmount Alpine has towed the rig Ocean Whittington from offshore Belem, Brazil, to offshore Galveston, US. For this job Fairmount Marine was contracted by the rig’s owner, Diamond Offshore Drilling, for which Fairmount has performed a series of towages in recent years. Ocean
Sonardyne Installs Integrated Intruder Detection System on Middle-Eastern Facility
Maritime security company, Sonardyne International Ltd, has successfully completed the installation of an integrated intruder detection system for an undisclosed strategic waterside installation in the Middle East. The previously unannounced contract was awarded to Sonardyne in late 2011 and include
Germany: Siemens to Equip Maersk Triple-E Class with Eco-Friendly Propulsion
The Siemens Drive Technologies Division has been awarded a contract worth tens of millions of Euros from Daewoo Shipbuilding and Marine Engineering (DSME) to implement eco-friendly propulsion and power generation system in container ships which will comprehensively reduce transit costs and provide i
The Netherlands: Periplus’ IMS Receives ISO 9001, OHSAS 18001 Certifications
Periplus announced that its Integrated Management System (IMS) is now certified to ISO 9001 and OHSAS 18001 standards. The final audit was performed by Bureau Veritas in March 2012. The IMS bundles the Quality Management System and Health & Safety Management System. It is used and operated on a dail
CAMAC, Kenya Pen Four PSCs
CAMAC Energy Inc. (NYSE Amex: CAK) today announced that it has signed Production Sharing Contracts (“PSCs”) with the government of The Republic of Kenya for previously awarded exploration Blocks L1B, located onshore in the Lamu Basin, and L16, located in the Lamu Basin transition zone. Block L16 is
PTSC M&C Bags USD 113 Million Contract in Vietnam
PTSC Mechanical and Construction Joint Stock Company (PTSC M&C) has won a major detailed engineering, procurement, construction, installation, hook-up and commissioning contract valuing $ 113 million in Vietnam. The contract has been awarded by Lam Son Joint Operating Company, a joint operating comp
USA: Deep Down Releases First Quarter Results
Deep Down, Inc. yesterday reported a net loss of $0.3 million for the first quarter of 2012, an improvement of $1.5 million over the same period in 2011. For the first quarter of 2012, Deep Down reported a net loss of $0.3 million (including $0.1 million in equity in net loss of joint venture), or [
Latvia: BachmannHR Chooses CrewInspector Crewing Software
CrewInspector an online ship crew management system provider has been chosen by BachmannHR Group Ltd to integrate crewing process across the group of companies. Crewing software allows employees to maintain crew data, prepare crew employment contracts and share data easily with rest of the teams res
Groot Ship Design Signs Unique Contract in Malaysia
Yesterday at Kuala Lumpur (Malaysia) a unique contract was signed between Groot Ship Design from Leek (the Netherlands), Sundong shipyard (Korea) and owner PBHH/BH livestock Vessel SDN BHD (Malaysia) for the design and delivery of two types of livestock carriers. Of each type the Korean yard will bu