Business & Finance
India: Cochin Shipyard Delivers PSV to Norwegian Owner
Cochin Shipyard recently delivered a Platform Supply Vessel “Brage Trader” to M/s Brage Supplier K S, Norway. This is the fourth of a series of the high technology offshore vessel that have been constructed and delivered by CSL this financial year. The vessel is of PSV 09 CD type designed by STX OSV
USA: WHOI Team Brings New View of Titanic to World
Newly released images of the Titanic wreck site provide the first unrestricted view of the world’s most notable maritime heritage site. These new images add to the already unprecedented collection of images published in the April 2012 issue of National Geographic Magazine. For the first time the pub
Poland: Lotos Petrobaltic Calls for Baltic Beta Service Works Bids
Lotos Petrobaltic, an oil company that has an exclusive concession for the exploration and production of hydrocarbon fields in the Polish Offshore Economic Zone, has called for bids for service works on its jack-up platform. The contract is for service works on Baltic Beta jack-up platform to streng
Japan: Fuji Heavy Assigns Wind Turbine Generator System Business to Hitachi
Hitachi Ltd. and Fuji Heavy Industries, Ltd. have reached a basic agreement on the assignment of FHI’s wind turbine generator system business to Hitachi. Towards the completion of assignment, which is planned for July 1, 2012, Hitachi and FHI will discuss the specific terms of the future agreement.
Norway: SOFF Sells 50 pct in CSV Normand Oceanic to Subsea 7
Solstad Offshore ASA (SOFF), a Norway-based shipping company focused primarily on offshore oil & gas industry, has entered into an agreement with Subsea 7, under which Subsea 7 will acquire 50% of the CSV “Normand Oceanic” through purchase of shares in a single purpose company to be incorporated. “N
UK: Subsea 7 Buys 50 Pct Ownership in CSV Normand Oceanic, Extends Charter for Vessel
Solstad Offshore ASA (SOFF) has entered into an agreement with Subsea 7 International Contracting Limited (Subsea 7), where by Subsea 7 will aquire 50% of the CSV “Normand Oceanic” through purchase of shares in a single purpose company to be incorporated. “Normand Oceanic” was delivered to SOFF from
Norway: Solstad Offshore Extends Charter Contract for CSV ‘Normand Oceanic’
Solstad Offshore ASA (SOFF) has entered into an agreement with Subsea 7 International Contracting Limited (Subsea 7), whereby Subsea 7 will aquire 50% of the CSV “Normand Oceanic” through purchase of shares in a single purpose company to be incorporated. “Normand Oceanic” was delivered to SOFF from
Sweden: RORO Exhibition – The Time for Change is Now
The European Commission’s (EC) proposals to cut shipping fuel sulphur content on short sea routes in northern European waters come into effect from 2015, but how far advanced are ro-ro operators in adopting the changes? With energy consumption, emissions and environmental regulation all high on the
Australia: Neptune Marine’s Director Retires
Neptune Marine Services Ltd notes that effective from today, due to an increased workload in his private investments and commitments, Mr Rob Scott has announced his retirement from the board of Neptune. Neptune’s Chairman Mr Ross Kennan stated, “We are all very grateful for Rob’s significant contrib
France: Vallourec Launches PREON, New System for Offshore Wind Turbine Anchoring
Vallourec, world leader in premium tubular solutions, presents its patented PREON® marine tubes system designed to anchor offshore wind turbines to the seabed. Developed by Vallourec’s R&D teams, this solution will mean that offshore wind turbine foundations can be installed with less effort, noise
Norway Calls for APA 2012 Applications
The Ministry of Petroleum and Energy Norway has announced the annual licencing round for mature areas on the continental shelf, comprising the predefined areas with blocks in the North Sea, the Norwegian Sea and the Barents Sea. The aim is to award new production licences in the announced areas in e
Sweden: DNV Announces Acquisition of Vattenfall’s Shares in STRI
Today, DNV acquires Vattenfall’s shares in STRI to expand its presence in the power transmission sector. “The purchase of 12.5% shares in STRI (Swedish Transmission Research Institute) is a natural step in our drive to support both the electrification of the oil and gas industry, as well as the inte
Germany: MS&D and SMM 2012 Under One Roof
The worldwide networking of economic relations continues to grow with enormous dynamism. The security of shipping routes and ports is essential for this global development, which has made shipbuilding and shipping key industries in global logistics. SMM, the world’s leading maritime industry fair, i
DeepOcean Group Wins Trenching Job for COOEC in China
CTC Marine Projects, Ltd., a subsidiary of DeepOcean Group Holding AS, announced the award of a major trenching contract for COOEC on the Liwan 3-1 Project in China located 350 kilometres offshore Shenzhen, China. CTC will be responsible for the trenching of approximately 174 kilometres of 30-inch p