Business & Finance
UK: BMT ARGOSS Increases Exposure with PC REMBRANDT V5
BMT ARGOSS, a subsidiary of BMT Group Ltd, has today announced that pilot organisations around the world including Peel Ports Medway in the UK and Kiel Canal Pilots in Germany, are investing in the latest version of its marine manoeuvring simulator, PC REMBRANDT V5, to further enhance port navigatio
Seatronics Opens New Office in Brazil
Global marine equipment rental and sales specialist, Seatronics, an Acteon company, is continuing its three-year expansion plan by opening a new office in Macaé, Rio de Janeiro, Brazil. With established bases in Aberdeen, UK; Abu Dhabi, UAE; Houston and Louisiana, USA; Perth, Australia; and Singapor
Norway: AF Group Signs LoI to Acquire Shares in 5D Group
AF Group has signed a letter of intent to purchase 90 percent of the shares in 5D Group AS. The agreement is conditioned by a due diligence and an approval by the board of directors of AF Gruppen ASA. 5D Group is a supplier to the offshore industry, mainly within engineering, electrical and instrume
Forland Shipping Selects Kongsberg Evotec’s E-LARS for New Subsea Vessel
Kongsberg Evotec, a wholly owned subsidiary of Kongsberg Maritime, has been selected to supply its sophisticated new Launch and Recovery System (E-LARS) for Remote Operated Vehicles (ROV), for installation on a new Forland Shipping AS subsea vessel currently under contruction at Havyard Leirvik, Nor
Kongsberg Evotec to Equip Forland’s Vessel with E-LARS
Kongsberg Evotec, a wholly owned subsidiary of Kongsberg Maritime, has been selected to supply its sophisticated new Launch and Recovery System (E-LARS) for Remote Operated Vehicles (ROV), for installation on a new Forland Shipping AS subsea vessel currently under contruction at Havyard Leirvik, Nor
Energy Minister Pushes for Scotland to Become Offshore Wind Hub
In an interview for Bloomberg, Scotland’s Energy Minister Fergus Ewing announced intention of reducing corporate tax levied by the UK with an aim of bringing more investors in the oil and gas industry and laying foundations for fast-tracked development of offshore wind power. “The budget was difficu
Saudi Arabia: NSCSA Launches Its New Brand Bahri
The National Shipping Company of Saudi Arabia (NSCSA), the leading provider of Marine transportation services, is marking its evolution into a global force by launching its new brand, Bahri, at a prestigious event at the Ritz-Carlton, Riyadh, Saudi Arabia on April 15. From the NSCSA’s humble beginni
Pacific Fibre Secures Fifth Foundation Customer
Pacific Fibre announced that they have secured a fifth foundation customer taking total sales to US$ 200 million. “We are pleased to have secured another significant sale to a U.S. customer, further de-risking the Pacific Fibre business for investors.” said Pacific Fibre co-founder and Chairman Sam
The Netherlands: Chevron’s Well Gets Tight Hole Designation
Xtract Energy today announced that the P2-10 well is currently being drilled by Chevron using the Noble Byron Welliver jack-up drilling rig and is now designated as “tight hole” in order to protect their proprietary technology being used to drill the well . “Tight hole” designation means that inform
Germany: CTA Handles Its First 13,000 TEU Ship
At the weekend, a container ship with a carrying capacity of 13,000 standard containers (TEU) was handled at Hamburger Hafen und Logistik AG’s (HHLA) Container Terminal Altenwerder (CTA) for the first time. The Hyundai Together, owned by the South Korean shipping company Hyundai, will operate on Loo
New Danish Energy Agreement Makes Denmark Safe Investment
The Danish government has stepped up its green energy targets. That makes Denmark an even more obvious destination for wind energy investments, says Denmark’s Minister for Trade and Investment Pia Olsen Dyhr. She hosts an investor seminar on Monday at EWEA 2012 and will be available for a press Q/A
New Danish Energy Agreement Makes Denmark Safe Investment
The Danish government has stepped up its green energy targets. That makes Denmark an even more obvious destination for wind energy investments, says Denmark’s Minister for Trade and Investment Pia Olsen Dyhr. She hosts an investor seminar on Monday at EWEA 2012 and will be available for a press Q/A
Japan: FURUNO to Launch New ECDIS Models
FURUNO’s new ECDIS (model names FMD-3200 and FMD-3300) will be ready for launch very shortly. The FMD-3200 (with 19” LCD) and FMD-3300 (with 23.1” LCD) deliver great enhancement in terms of user interface as well as functionality. Fully complying with the performance standard of ECDIS stipulated in
Canada: Atlantis Resources Tests Tidal Turbine in Bay of Fundy
Atlantis Resources Corporation, a world-leading tidal technology and project development company will test one of the world’s largest tidal turbines in the Bay of Fundy’s aggressive marine environment. Atlantis was one of five respondents to a request for proposal issued by the province last fall fo