Business & Finance
WSS Signs First Safety Service Agreement in Japan with Victoria Ship Management
Wilhelmsen Ships Service (WSS) has signed its first fleet Safety Service Agreement with a Japanese principal. The two-year agreement includes 25 panamax and capesize bulk carriers and 18 product carriers on behalf of Tokyo-based Victoria Ship Management. The WSS Safety Service Agreement provides a s
Swiber Incorporates New Subsidiary in Mexico
The Board of Directors of Swiber Holdings Limited and together with its subsidiaries announces that Swiber Offshore Construction Pte Ltd and Kreuz Engineering Ltd, direct and indirect subsidiaries of the Company, have incorporated a new wholly owned subsidiary in Mexico, known as Swiber Offshore Mex
Swiber Establishes Mexican Subsidiary
Swiber Offshore Construction Pte Ltd (“SOC”) and Kreuz Engineering Ltd (“KEL”), subsidiaries of Singapore-based Swiber Holdings Limited , have incorporated a new wholly owned subsidiary in Mexico, known as Swiber Offshore Mexico SA DE CV (“SOM”). The initial issued share capital of SOM is 50,000.00
USA: Prysmian to Present New O&G Cable Business at OTC
Prysmian Group, world leader in the energy and telecom cable systems industry, will showcase at OTC 2012 in Houston, TX (USA) from April 30th to May 3rd, booth # 4753. The participation in the event represents the first official presence of the Prysmian Group, after the recent merger between Prysmia
AET Takes Delivery of First Eco-Design Suezmax Tankers (South Korea)
Recognising the ever increasing demand for more fuel efficient and environmentally friendly vessels, leading tanker owner/operator, AET, has taken delivery of the first of four “eco-design” Suezmax tankers. These are the first Suezmax vessels to be owned by the company. Built by Samsung Heavy Indust
Lankhorst Factory in Brazil Begins Production
In 2011 the Royal Lankhorst Euronete Group signed a contract to supply Petroleo Brasileiro SA (Petrobras) with approximately 11,000 tons of deepwater mooring ropes with a value of around US$ 75 million. The largest contract ever awarded to produce deepwater mooring ropes for oil and gas platforms in
U.S. Macondo Incident Investigators Learn from UK
A key US investigation into the Macondo disaster in the Gulf of Mexico in 2010 could take into account learning and lessons from the UK. Investigators from the US Chemical Safety and Hazard Investigation Board (CSB) visited the UK on a fact-finding mission to gain further understanding of the UK oil
3rd Serial Tanker of Project 2734 for BFC Launched (Russia)
St. Petersburg-based shipyard Baltiysky Zavod yesterday, April 26, held a launching and christening ceremony for the third vessel of a series of four non-self propelled oil tankers of Project 2734, ordered by Baltic Fuel Company (BFC). The vessel was named “Mira.” The RUB 400 million turn-key contra
USA: Cable Systems Specialist Prysmian Exhibits OTC 2012
Prysmian Group, a provider of energy and telecom cable systems, will showcase at OTC 2012 in Houston, TX (USA) from April 30th to May 3rd, booth # 4753. The participation in the event represents the first official presence of the Prysmian Group, after the recent merger between Prysmian and Draka. Th
Russia: Pella Shipyard Conducts Mooring Trials for Navy Tugs
Pella Shipyard, the leading company in Russian tug building market, is conducting the mooring trials for tug No 621 of project 16609 and tug No 502 of project PE-65. Both tugs are being built for the Russian Navy. The first tug of project 16609 is an Azimuth tug intended for harbor, coastal and offs
ASEAN Explorer Starts Subsea Cable Repair Work Off Sri Lanka
Yesterday Dhiraagu announced that the submarine cable repair ship ASEAN Explorer reached the cable damage point approximately 26km off Sri Lanka and that the engineers have started the repair work. Engineers from SLT and Dhiraagu are also on board the repair ship. The ship has located the damaged pa
The Netherlands: Samskip Acquires Two Container Vessels
Samskip has acquired the container vessels Arnarfell and Helgafell, both of which have been employed by the company on the route between Iceland and Europe since early 2005. Samskip has been chartering the vessels since they were delivered, as new builds, seven years ago. From the beginning they hav
BGP to Conduct Seismic Survey Offshore Madagascar
China’s geophysical service company BGP recently signed a contract for a Multi Client 2D & 3D offshore seismic survey with the Office of National Mines and Strategic Industries of Madagascar (“OMNIS”). Under the agreement, BGP will acquire, process, market and license the seismic as well as gravity
Norstec to Help Realise North Sea Potential
Modus Seabed Intervention, one of the North East’s leading subsea specialist companies, believes membership of a new industry partnership will bring even greater success in the North Sea renewable energy market. Provisionally known as Norstec, the partnership is a global network of businesses aimed