Business & Finance
Turkish Shipyard Sefine Puts Into Operation Special Vessel ‘Zaher I’
On April 23, 2012 Turkish shipyard Sefine (Yalova) put into operation special vessel for livestock transportation with deadweight is of 6772 tons. The Vessel named Zaher I, of project LSC04, was designed by the Marine Engineering Bureau. The vessel is assigned for transportation of livestock (about
EnerMech Supplies Valves for McDermott’s Project Offshore Saudi Arabia
Mechanical engineering company, EnerMech, has been awarded a valves management project by McDermott Arabia Company Limited (MACL) in support of its work on behalf of Khafji Joint Operations (KJO). Khafji Ratawi Water Injection Facilities project includes engineering, procurement, fabrication and ins
Sweden: Floatel – New Bond Issue for New Build Program
Floatel International Ltd is contemplating the issuance of up to a USD 200 million equivalent bond issue in the Norwegian bond market. The proceeds from the bond issue will be used to finance the Company’s new build program for accommodation vessels at Keppel FELS Limited, Singapore. Floatel Interna
China: COSL’s HYSY720 Marks Major Achievement in 3D Seismic Data Collection
Recently, the accumulated 3D seismic data collection volume of HYSY720, a seismic vessel fleet of China Oilfield Services Limited （“COSL”）, has surpassed the 10,000 km2 level to reach 10,010.415 km2. This marks another major achievement for HYSY720 following the previous record-breaking performance
Greece: Vizada, SRH Marine Electronics to Equip Danaos Shipping Fleet
Vizada, the leading provider of global satellite-based mobility services recently acquired by Astrium, and Vizada Elite Partner SRH Marine Electronics S.A. have signed a 24-month agreement with Danaos Shipping Co. Ltd to equip the company’s fleet of vessels with a full broadband communications syste
Partrac Exhibits at RenewableUK Event
A marine data acquisition company, Partrac announces that it will be exhibiting at the RenewableUK Global Offshore Wind Conference and Exhibition on the 13th and 14th June in London ExCel within the Scottish Pavillion. Partrac has the expertise in providing oceanography, marine geosciences and envir
Australia: Bass Gets New Offshore Acreage
Bass Strait Oil Company Ltd announces that the Commonwealth Victoria Offshore Petroleum Joint Authority has just granted the Company the 2011 Australian Acreage Release block V11-5 which will be known as Vic/P68. The area lies in the northeastern part of the Gippsland Basin, and covers parts of the
USA: SeeByte Confirms Delivery of SeeTrack Military to EdgeTech
SeeByte, the global leader in creating smart software technology for unmanned systems, has announced that an order for fifteen software licences of SeeTrack Military has been confirmed through EdgeTech. The purchase comes in support of the Littoral Mine Countermeasure SONAR (LMCS) system from EdgeTe
Seychelles Gets Submarine Fibre-Optic Cable Link
Alcatel is about to launch submarine fibre-optic cable project which will link Seychelles to the rest of the world, IPP Media reports. The cable will be laid down from Msasani Beach, Dar es Salaam, to the Seychelles. Seychelles Minister for Natural Resources and Tourism Peter Sinon said that the fib
UAE: Jebel Ali Port Wins Shipping Port of the Year Award
The outstanding leadership of DP World’s flagship Jebel Ali Port has been recognised with the winning of the prestigious Shipping Port of the Year Award at the annual Supply Chain and Transport Awards (SCATA) 2012 . The award, Jebel Ali’s fourth in six years, was received on behalf of DP World by Mo
Ireland: Development of Wave Energy Making Technology
The fact that Ireland is one of the countries that has the best waves is not a secret, but how to make use of those waves in terms of making energy? TheJournal.ie reports that this has been a crucial question for many years now and Ireland has invested a vast amount of money and time […]
Western Marine Splashes Danish RORO Passenger Ferry
Western Marine Shipyard has launched ISEF JORD, a Danish RORO Passenger Ferry, on 5 May 2012. The ship will be owned by Danish ferry operator Hundested Rorvig Faergefart. This newbuilding project is under the French classification society Bureau Veritas (BV). Western Marine went into agreement with
Norway: DNV Enters Strategic Partnership with StormGeo
DNV has, as part of a strategic partnership with StormGeo, acquired the right to purchase 22,7 % of StormGeo’s shares through a mutually convertible capital issue. The core focus of StormGeo will remain within the fields of oil exploration, renewable energy as well as shipping, media and aviation. F
Norway: DNV Enters Strategic Partnership with StormGeo
DNV has, as part of a strategic partnership with StormGeo, acquired the right to purchase 22,7 % of StormGeo’s shares through a mutually convertible capital issue. The core focus of StormGeo will remain within the fields of oil exploration, renewable energy as well as shipping, media and aviation. F