Business & Finance
UK: OMM’s Met Mast Design Can Reduce Offshore Costs and Environmental Impact
Offshore Marine Management (OMM) has developed a new meteorological mast (‘met mast’) concept which can reduce costs for offshore wind developers and have a lesser impact on the environment. The new met mast design by OMM removes the need for specific front end engineering as a number of different v
Singapore: Fender Load Monitoring System by Trelleborg Marine
Trelleborg Marine Systems, a leading manufacturer of docking, mooring and berthing equipment, has received patent pending status on a system for monitoring the load on marine fenders. The new system is designed to help avoid disputes and the costly downtime associated with insurance claims. The mari
Sweden: Koole Maritiem Executes Salvage of 6,000 ton Stranded Floating Dry Dock
The floating dry dock, 165 x 35 meter in dimension, broke loose from its mooring at the southern quay of Oresund DryDocks premises in Landskrona on the 27th of November 2011. The dock drifted in an eastern direction towards bay of Lundåkra, due to the high sea water level occurring at that day it pa
Norway: Valiant Buys Rocksource’s NCS Assets
Valiant Petroleum plc has entered into an Asset Purchase Agreement with Rocksource ASA (“Rocksource”) to take stakes in substantially all of Rocksource’s licenses on the Norwegian Continental Shelf (“NCS”) for a total post-tax effect consideration of NOK 104 million (18.13 million U.S. dollars) The
UK: Kongsberg Delivers Another EM2040 Dual Head to MMT Group
MMT Group announces its second ownership of a Kongsberg EM2040D. The EM2040 dual head 0.4 degrees system will be delivered to NetSurvey part of MMT Group in the beginning of April. This is the first highly developed multibeam echo sounder to combine all of the advanced features of deepwater echo sou
Denmark: DEXAWAVE Receives Grant to Build Its Wave Energy Converter
DEXAWAVE, the Danish wave energy generator developer, has received a DKK 10 million grant. The funding secured from the Danish state investment fund Vækstfonden will be used to build a full-scale prototype of its pontoon-based wave energy converter. The DEXAWAVE wave energy converter has a simple co
China: COSCO Delivers Two Bulk Carriers
COSCO (Dalian) Shipyard Co., Ltd (COSCO Dalian), the largest shipyard in COSCO Shipyard Group, has delivered a bulk carrier of 92.500 DWT, “OCEAN EMERALD”, to its Asian buyer. The delivery documents were signed by and between COSCO Dalian and the buyer on March 15th 2012. The bulk carrier measures 2
Somalia: Range Resources to Conduct Seismic Survey Offshore Puntland
Range Resources Limited to announce that it has entered into an Agreement with the Puntland Government with respect to obtaining a 100% working interest in the highly prospective Nugaal Basin Offshore Block. The Block is an extension of the onshore Nugaal Region which has the potential for deltaic d
Germany: RWE Dea Earnings Rise 83 pct on High Prices
“Above all, the reasons for this substantial improvement in earnings are the high level of crude oil and gas prices, as well as the increase in our production,” explained Chief Executive Officer Thomas Rappuhn
UMG Solution to Help Map Qatar’s Coastal Waters
Unique Maritime Group, one of the world’s leading integrated turnkey subsea and offshore solution providers, today announced the supply of a full package of survey equipment for a new hydrographic survey vessel, with purpose of conducting a detailed mapping of Qatar’s coastal waters. The package inc
Range Resources to Start Seismic Survey Offshore Puntland, Somalia
Range Resources Limited announces that it has entered into an Agreement with the Puntland Government with respect to obtaining a 100% working interest in the highly prospective Nugaal Basin Offshore Block . The Block is an extension of the onshore Nugaal Region which has the potential for deltaic de
UK: DPS Offshore Increases Investment in RESON SeaBat Technology
RESON A/S announce that Forum Subsea Technologies’ equipment rental business line, DPS Offshore – has increased their investment in RESON SeaBat technology. By adding to the number of SeaBat systems available and upgrading their existing SeaBat systems, Forum Subsea Technologies is proud to provide
USA: Sonardyne Retrieves Its Pressure Inverted Echo Sounder from Hawaii
Sonardyne International has retrieved its first Pressure Inverted Echo Sounder (PIES) off the coast of Hawaii. This new long life sensor logging node is designed to accurately measure the average sound velocity through a column of water from the seabed to the sea surface. The information gathered wi
Hamburg Sud and Alianca Reconfigure Their North Europe – East Coast South America Service
In response to changing market conditions, Hamburg Süd and Aliança have decided to restructure their service between North Europe and East Coast South America. The new service configuration will operate with seven 7,100 TEU “Santa” class vessels. These vessels are purpose-built for this trade and fe