Business & Finance
UK: Pole Star Selects SkyWave IsatData Pro for Ship Security Alert System Upgrade
Pole Star Space Applications Ltd, the leading provider of fleet management, ship security and asset monitoring systems, has released an upgrade to its DSAS Ship Security Alert System, featuring new hardware from SkyWave Mobile Communications. The upgraded DSAS is designed to provide continuity of se
Ivory Coast: Rialto Encounters ‘Encouraging’ Oil Shows at Gazelle Well
Rialto Energy Limited an oil and gas exploration and production company, has discovered hydrocabons at its Gazelle-P3 ST well offshore Côte d’Ivoire. The well has been drilled to a depth of 3161m MDRT (2584m TVDSS). The well has encountered encouraging oil and gas shows, which will be evaluated by w
FMC Wins Offshore Loading Arm Systems Contract for Prelude FLNG in Australia
FMC Technologies, Inc. announced yesterday that it has signed an agreement with Technip France, on behalf of the Technip Samsung Consortium (TSC), to supply offshore loading arm systems as part of the Shell Prelude Floating Liquefied Natural Gas (FLNG) Project. FMC’s scope of supply includes seven o
Norway: GC Rieber Shipping Announces Increased Revenues in 1Q Results
The result for the first quarter of 2012 shows a significant improvement compared to last year, but is affected by losses in an associated company. “We are focusing on how to exploit attractive market trends going forward,” says GC Rieber Shipping’s CEO Irene W. Basili at the presentation of the gro
South Korea: DSME Cuts Steel for World’s Largest Container Ship
On 12th May, the Crown Prince and Princess of Denmark visited DSME’s Okpo shipyard to attend the steel cutting ceremony for Hull No. 4250. Hull No. 4250 will be the world’s biggest 18, 270 TEU containership and was ordered last year by Denmark based A.P. Moller- Maersk. Mr. Jaeho Ko, the President &
No Hydrocarbons at Thistle 1 Well, Offshore Australia
Origin Energy, an Australian integrated energy company focused on gas and oil exploration and production, advises that the Thistle 1 exploration well, which spudded on 03:30 hours EDT on Thursday 19 April 2012, has reached a total depth of 2,265mRT. The well is being drilled using the semi-submersib
‘Green Makes Sense’ Says WMS President at EXPO 2012 (South Korea)
Dag Schjerven, president and CEO Wilhelmsen Maritime Services (WMS), addressed the need for the international maritime industry to adopt a green shipping ethos at yesterday’s EXPO 2012 in Korea. “Some have criticised the IMO for acting too slowly and it has been suggested local regulation might be m
The Netherlands: Shipdock Harlingen Provides Repair for Tranship’s Vigilant Vessel
In the opening months of 2012, Shipdock Harlingen was commissioned for an interesting and difficult job by Tranship BV from the Netherlands. The company was commissioned to provide repair job for Tranship‘s Vigilant vessel, formerly a fisheries inspection vessel, which was purchased and added to the
Germany: Ahrenkiel Shipmanagement Gets Energy-Efficiency Certificate
The container ship AS Scotia already meets the requirements of the Ship Energy Efficiency Management Plan (SEEMP), which will become compulsory as of 1 January 2013. The SEEMP has been adopted by the IMO as a mechanism for vessels to improve their operational energy efficiency, thereby lowering CO2
USA: AWC Project Reaches Milestone Thanks to Department of Interior
Continuing its significant momentum supporting offshore wind energy and transmission, the Department of Interior declared there to be no competitive interest for the use of certain areas of the U.S. Outer Continental Shelf (OCS) to construct an offshore transmission system being proposed by the Atla
Greece: Navios Holdings Receives Newbuild Kamsarmax Vessel
Navios Maritime Holdings Inc. (“Navios Holdings”), a large, global, vertically integrated seaborne shipping and logistics company, announced that the Navios Avior, a new building Kamsarmax vessel of 81,355 dwt, was delivered yesterday from a South Korean shipyard to Navios Holdings’ owned fleet. The
New Deepwater Blocks for BP Offshore Trinidad
BP has signed two production sharing contracts with the Government of the Republic of Trinidad and Tobago. The two deep water exploration blocks are located approximately 300 kilometres from the North East coast of Trinidad. BP was awarded blocks 23(a) and TTDAA 14 in the 2010/2011 deepwater competi
Norway: Seabrokers to Build New Oceaneering Headquarters
Seabrokers Eiendom AS and Oceaneering AS signed a Letter of Intent regarding the new Headquarters for Oceaneering It will be a comprehensive building project, with a total area of 32.000 m², consisting of both office building and workshop/storage. All areas being constructed and adapted in accordanc
Norway: STX OSV Reports Robust Order Intake for First Quarter 2012
STX OSV Holdings Limited, a major global designer and shipbuilder of offshore and specialized vessels headquartered in Norway, reports robust order intake for the first quarter ended 31 March 2012 (“1Q 2012”) amounting to NOK 2.34 billion. As at 31 March 2012, STX OSV’s total order book of 53 vessel