Business & Finance
UK: SeaZone Takes Part in Audit by BSI Management Systems
Leading marine data solution provider SeaZone has recently been part of an audit by BSI Management Systems (UK). The Quality Management System (QMS) adhered to by SeaZone has been certified as compliant with the requirements of the international standard ISO 9001:2008 by BSI Management Systems (UK).
UK: Gardline Inks Charter Contract with Red7Marine for DP Reel
Gardline Geosciences Limited announced that it has signed a contract with Red7Marine for the long term charter of the 91 m, DP2 vessel DP Reel. The addition of the DP Reel increases Gardline’s geotechnical fleet to 7 units, of which 3 are based in European waters. This vessel will undertake borehole
Fastwave’s OceanStar Commissioned at Several Monitoring Sites Off Australia
Port Hedland is a key export location for Australian iron ore exports. BHP Billiton is undertaking development of a 100-million-tonne-a-year outer harbour expansion at the port. GHD, a global engineering and environmental services firm, commissioned the system in order to provide marine water qualit
Good Times Ahead, Says Vantage Drilling CEO (USA)
Vantage Drilling, an offshore drilling contractor headquartered at Cayman Islands, reports a net loss of $1.2 million or ($0.00) per diluted share for the three months ended March 31, 2012 as compared to a net loss of $18.7 million or ($0.06) per diluted share for the three months ended March 31, 20
ICTSI’s Poland Subsidiary Signs Credit Agreement for Terminal Modernization
Baltic Container Terminal (BCT), International Container Terminal Services, Inc.’s (ICTSI) subsidiary in Poland, recently entered into a credit facility agreement for US$46.5 million with Bank Pekao S.A for the modernization of the terminal in Gdynia. The facility consists of a 10-year capital expen
MOL Contributes to Debate on Pricing Fluctuations (UK)
There are usually very good reasons for shippers receiving significant variations in price quotes from different shipping lines, says Adrian Jones, MOL’s UK Managing Director. Speaking at the ‘Saving logistics costs’ seminar at the Multimodal Exhibition in Birmingham, Mr Jones was called on to give
VIDEO: Providence Encouraged by Barryroe Wireline Logging (Ireland)
Providence Resources P.l.c., (“Providence”) the Irish oil and gas exploration and production company, whose shares are quoted in London (AIM) and Dublin (ESM), has provided a technical update on the Barryroe oil discovery in the North Celtic Sea Basin, offshore Ireland. Providence (80%) operates Bar
UK: Gardline Charters DP Reel from Red7Marine
Gardline Geosciences Limited announces that it has signed a contract with Red7Marine for the long term charter of the 91 m, DP2 vessel DP Reel. The addition of the DP Reel increases Gardline’s geotechnical fleet to 7 units, of which 3 are based in European waters. This vessel will undertake borehole
G E Shipping Delivers VLCC ‘Vasant J Sheth’ to Buyers (India)
The Great Eastern Shipping Company Ltd. (G E Shipping) took delivery of its 318,000 dwt Very Large Crude Carrier (VLCC) “Vasant J Sheth” from Hyundai Heavy Industries Ltd, (HHI) South Korea yesterday and subsequently delivered the vessel to its new buyers. This is the last vessel out of the 3 VLCCs
ICTSI Croatia to Get New Equipment for Terminal
Adriatic Gate Container Terminal j.s.c. in Rijeka, Croatia recently signed an agreement with Shangai Zhenhua Heavy Industries Co. Ltd. for the delivery of new equipment for the terminal. These equipment include two post Panamax quay cranes, eight rubber tired gantries and rail mounted gantries. Deli
The Netherlands: Interesting Challenges in Offshore Wind Energy Sector
Offshore Energy Exhibition & Conference brings you a series of columns in which prominent industry representatives share their views on key developments in the offshore oil, gas and energy markets. This column is written by Johan van Wijland, Managing Director of Van Oord Offshore Wind Projects. In
Ireland: Providence’s Seismic Inversion Study Shows Significant Barryroe Reservoir Potential
Providence Resources P.l.c., the Irish oil and gas exploration and production company, whose shares are quoted in London (AIM) and Dublin (ESM), provides a technical update on the Barryroe oil discovery in the North Celtic Sea Basin, offshore Ireland. Providence (80%) operates Barryroe on behalf of
Germany: Hapag-Lloyd Increases Revenue in Q1 2012
Revenue up 8% at EUR 1.6 billion / Transport volume up 11% at over 1.3 million TEU / Soaring bunker prices depress earnings in Q1, which is always weak season for shipping Despite the persistently challenging environment in the industry, Hapag-Lloyd further increased its transport volume and revenue
CGGVeritas Reveals Positive First Quarter Results (France)
CGGVeritas announced its non-audited first quarter 2012 consolidated results. All comparisons are made on a year-on-year basis unless stated otherwise. Effective January 1, 2012, CGGVeritas changed the presentation currency of its consolidated financial statements from the euro to the U.S. dollar to