Business & Finance
UK: GEOSHIPS Extends Fleet Following Successful Year for First Vessel
SeaHold GEOSHIPS Ltd, a marine and subsea services shipping company, has taken delivery of its second multi-purpose support vessel (MPSV) on a contract valued at over £30 million, following a successful year for its current vessel, the Stril Explorer. Formed in 2003, Aberdeen-based GEOSHIPS will man
Living Oceans Foundation Conducts Underwater Survey of Jamaica’s Pedro Bank
Recently the Khaled bin Sultan Living Oceans Foundation conducted the most extensive underwater survey to date of Pedro Bank, Jamaica. The Foundation worked in collaboration with The Nature Conservancy, the University of West Indies, The Department of Fisheries and the National Environment and Plann
Italy: Novacavi Develops Bespoke Heavy Armoured Composite Tow Cable
Novacavi has recently developed a bespoke composite tow cable with a very special heavy armour and breaking strength higher than 1000kN to be used in fishery sector. Due to its peculiar application, this cable has to be specifically designed with an overall protection made of compacted smooth grease
UK: Cosalt Offshore Honored for Promoting Safety
Cosalt Offshore, a provider of lifting, tooling and maritime services to the oil and gas industry, has been recognised by the British Safety Council for its dedication to improving health and safety in the workplace. Cosalt Offshore attained a merit level award after receiving a near perfect 59 poin
France: Damen Brest Shipyard Secures Order from Bourbon Offshore
On Wednesday 11th April 2012, Director André Hollander and Sales Manager Theo Kloosterman proudly announced the first shiprepair order of Damen Shiprepair Brest (France) by sounding the bell in the traditional way. It is the first vessel is booked under the new management and comes in the second wee
Denmark: Semco Maritime Plans to Double Turnover by 2015
A large number of incoming orders helped to ensure Semco Maritime A/S a significant growth in 2011. The turnover was increased by 40 per cent to 1.76 billion DKK, which is the largest ever. The operating profit was 38 million DKK against 18 million DKK the year before.
Australia: Wheatstone Partners Sell LNG to Chubu
Apache Corporation today announced that an Apache Australian subsidiary and its partners have agreed to sell liquefied natural gas (LNG) from the Chevron-operated Wheatstone Project in Western Australia to Chubu Electric Power Company Incorporated (Chubu). The Wheatstone partners and Chubu signed a
Azerbaijan: Shah Deniz Stage 2 Project FEED Begins
The Shah Deniz consortium has reached an important milestone and approved the decision to commence Front End Engineering and Design (FEED) on the estimated $25 billion Shah Deniz Stage 2 project. This was officially announced in Baku during the meeting between the President of the Republic of Azerba
Norway: Offshore Vessel Simulator Gets Seismic Streamer Deck
A cutting-edge new system, designed to train engineers and crew in seismic streamer deck handling has been installed at Vestfold University College in Norway. The Seismic Streamer Deck Operation Trainer was developed as part of Kongsberg Maritime’s leading Offshore Vessel Simulator, in co-operation
UK: Dana Petroleum Starts Platypus Appraisal Drilling
The Platypus gas field, located in Blocks 48/1a and 48/1c, lies just 18km north north west of the West Sole gas field and 15km west south west of the Babbage gas field.
Singapore: Bibby Offshore Announces Charter Agreement with Solstad
Subsea installation contractor Bibby Offshore has announced a three-year bareboat charter agreement with Solstad Offshore Asia Pacific Ltd for the NOR Spring, a DP2 (Dynamic Positioning) Anchor Handling Support Vessel (AHSV). The deal has been struck by Bibby Offshore’s Singapore operation, Bibby Of
France: Damen’s Brest Shipyard Secures Shiprepair Order from Bourbon Offshore
On Wednesday 11th April 2012, Director André Hollander and Sales Manager Theo Kloosterman proudly announced the first shiprepair order of Damen Shiprepair Brest (France) by sounding the bell in the traditional way. It is the first vessel is booked under the new management and comes in the second wee
Danish Maritime Authority – Boat Drills Must be Safe in Every Respect
In March a serious accident occurred during a MOB-boat drill on board ANNA MAERSK. The Danish Maritime Accident Investigation Branch is investigating the accident. At this stage nothing precise can be said about the causes and the contributing factors. The Danish Maritime Authority point out that bo
UK: SeaHold GEOSHIPS Accepts Delivery of Stril Explorer Vessel
SeaHold GEOSHIPS Ltd, a marine and subsea services shipping company, has taken delivery of its second multi-purpose support vessel (MPSV) on a contract valued at over £30 million, following a successful year for its current vessel, the Stril Explorer. Formed in 2003, Aberdeen-based GEOSHIPS will man