Business & Finance
SAL Transports Biggest Stinger Ramps from Rotterdam to Singapore
SAL was awarded to transport the largest stinger ramps ever built from Rotterdam to Singapore. MV “Annette” carried out this challenging shipment in April 2012. For the oversized cargo with a unit weight of up to 880 mtons and dimensions of up to 42.50 × 15.10 × 18.00 m, SAL’s engineering department
Mexican SIGSA Buys Chiroptera System
The Mexican geographic information systems and surveying company Sistemas de Información Geográfica, S.A. de C.V. has purchased an airborne LiDAR system Chiroptera. SIGSA expands its offer to its customers by now integrating bathymetry surveying into its product offering. The Swedish LiDAR manufactu
Norway: GC Rieber Shipping Offers to Acquire Outstanding Shares in Armada Seismic
GC Rieber Shipping ASA, through its wholly owned subsidiary Polar Ship Invest IV AS, has offered to acquire all outstanding shares in Armada Seismic ASA not currently owned by Polar. Armada was founded in 2010 with the purpose of acquiring two high-end 3D vessels from Factorias Vulcano in Spain. At
NYK to Launch New Thailand-Vietnam-Canton Service
Nippon Yusen Kaisha (NYK) and Regional Container Lines (RCL) will launch a new joint service, the Thailand–Vietnam–Canton (TVC) service, from the middle of May. the Company’s current joint service with Vinalines Container Shipping Company, the Thailand–Vietnam–Singapore (TVS) service, will be termin
Norway: Kvaerner Invests in New Goliath Crane to Support Edvard Grieg Project
Kvaerner is preparing for a significant growth in its home market and invests approximately NOK 250 million (USD 43 million) in upgrades of its facilities at Stord. The major investments will be increased lifting and trailing capacity, including a new Goliath gantry crane. “We have won some major co
Bumi Armada Enters Five-Year Charter Contract in Mexico
Malaysia-based international offshore oil field services provider, Bumi Armada Berhad, announced that its subsidiary, Bumi Armada Navigation Sdn Bhd, has signed a five-year charter and operations contract with a Mexican company, Tecnologias Relacionadas con Energia y Servicios Especializados S.A. de
USA: VideoRay Appoints New Business Development Manager
Mark W. Fleming has been appointed to the newly created position as VideoRay LLC’s Business Development Manager for Military and Government sales. He will be responsible for building on VideoRay’s extensive network of underwater solutions for Ship Hull Pier / Dock Inspection and Response. VideoRay R
UAE: DMCA, UNSSA Discuss Potential Joint Initiatives
Dubai Maritime City Authority (DMCA), the government entity in-charge of regulating and supervising all aspects of the maritime sector in Dubai, recently received a delegation from the UAE National Ship Suppliers Association (UNSSA), led by Saeed Malek, President of UNSSA and Vice President of the I
Bumi Armada Secures 5-Year Charter in Mexico
Malaysia-based international offshore oil field services provider, Bumi Armada Berhad, has secured a five-year charter and operations contract for its accommodation workboat, Armada Firman 3. The contract award comes from a Mexican company, Tecnologias Relacionadas con Energia y Servicios Especializ
Norway: Petroleum Geo-Services Reports Increase in Revenues
Petroleum Geo-Services ASA (PGS) has announced results for first quarter of 2012 with the following highlights: – Revenues of $365.0 million, up 51% from Q1 2011 – EBITDA of $145.7 million, up 100% from Q1 2011 – EBIT of $35.8 million, up $33.3 million from Q1 2011 – Total MultiClient revenues of $1
Germany: EnBW Revenues Up 1.4 pct
Thanks to the stable development of the operating business, EnBW Energie Baden-Württemberg AG generated overall pleasing results in the first quarter of the current fiscal year 2012 despite the ongoing difficult environment. For example, EnBW’s revenue in the first three months of the year increased
UK: Enventi Completes Analysis of Cable Installation in Offshore Wind Industry
Enventi announces the completion of its comprehensive investigation into power cable installation in the offshore wind industry which forms part of the company’s strategic move into the design of offshore wind farm infrastructure. Enventi’s General Manager, Scott Macknocher commented on the findings
Greece: Danaos Takes Delivery of Its New Containership
Danaos Corporation announced that on May 3, 2012 it took delivery of one more newly built containership, the HYUNDAI SMART, expanding its operational fleet to a total of 62 containerships aggregating 336,849 TEU. The HYUNDAI SMART, built at Hyundai Samho Heavy Industries Co. Ltd, has a carrying capa
UK: WilPhoenix Stays with Premier Until 2014
UK-based drilling contractor Awilco Drilling PLC announces today that it has signed the contract with Premier Oil UK Limited for the provision of WilPhoenix semi-submersible offshore drilling rig for a term drilling program. The program will start in direct continuation from the previous Premier con