Business & Finance
Singapore: FSL Announces Redelivery of Remaining Two Chemical Tankers from BLT
SL Trust Management Pte. Ltd. announces that, as of 10 March 2012, the remaining two 19,900 dwt stainless steel chemical tankers, previously leased to the subsidiaries of Berlian Laju Tanker Tbk, have been redelivered to FSL Trust. The chemical tankers namely ‘Pujawati’ and ‘Prita Dewi’ will be rena
The Netherlands: Groningen Shipyard Launches Sea-River Vessels for Wijnne Barends
Groningen Shipyard launched successfully number 3 from the series Sea-River vessels for Wijnne Barends, MV LADY ALEXANDRA. The vessel is the third in a series of 4 vessels. Because the design and performance of vessel and shipyard is so succesful Wijnne Barends and Groningen Shipyard are negotiating
Singapore: Ezra Raises USD 96 mln through Share Placement
Ezra Holdings Limited , a leading global offshore contractor and provider of integrated offshore solutions to the oil and gas (O&G) industry, took decisive steps to fortify its balance sheet in anticipation for increased subsea demand. Ezra successfully placed out 110 million new shares at S$1.10 ea
Bermuda: Golden Ocean Plans to Expand Its Fleet
Golden Ocean, a dry bulk shipping company based in Bermuda, is planning to take advantage of its strong financial position and present market situation in order to expand its fleet, Reuters reports. The company currently owns six Capesize, five Kamsarmax and five Panamax vessels, which brings total
China’s Jiaolong Submersible Set for 7km Dive
Yan Kai, the chief engineer of China’s manned deep-sea submersible research vessel Jiaolong, confirmed that the craft will reach a depth of 7,000 meters below sea level this summer, thereby meeting its design goals. The submersible has successfully completed all of its previous trial runs, carrying
Switzerland: ABB to Power Up Two New AIDA Cruise Ships
ABB, the leading power and automation technology group, has won an order worth $60 million to provide complete power and propulsion systems for two new cruise ships to be built by Mitsubishi Heavy Industries, Ltd. at their shipyard in Nagasaki, Japan, for German cruise line operator AIDA. ABB’s deli
Ireland: Sea Fibre Networks Names Carol Browne as Head of Sales
Sea Fibre Networks, owner and operator of Europe’s most advanced subsea telecoms network CeltixConnect, announced the appointment of Carol Browne to the position of Head of Sales. Carol has over 10 years of sales experience, all of which is in the telecoms and technology sectors. She will oversee al
UK: Marine South East to Hold Series of Offshore Wind Farm Logistics Events
Marine South East is to run a series of events between April and June to inform local businesses of the opportunities that exist to supply products and services to Offshore Wind Farms being developed off the South Coast. The first of these events is scheduled for Thursday 12th April 2012 at Northbro
UK: Marine South East to Hold Series of Offshore Wind Farm Logistics Events
Marine South East is to run a series of events between April and June to inform local businesses of the opportunities that exist to supply products and services to Offshore Wind Farms being developed off the South Coast. The first of these events is scheduled for Thursday 12th April 2012 at Northbro
USA: Scientists Employ AUV Duo to Pinpoint Plankton in Monterey Bay
Tiny animals called zooplankton swarm like insects in the coastal waters of the ocean. They provide dinner for a host of larger animals, ranging from fish to whales. But these microscopic organisms also challenge the scientists who study them because they are constantly drifting with the movement of
Poland: Shipkits Starts Construction of New Hopper Dredger for Boskalis
The new hopper dredger with 4500 m3 hold, the second from a series of 3 for Boskalis, is now under construction at Shipkits’ yard in Poland. The completion of the finished hull will be done by D.W. den Herder Maritiem B.V. Project Manager is Klaas Beuckens. Shipkits’ scope of work consists in buildi
Norway: Volstad Maritime Repeats Order for AHC Offshore Cranes from Cargotec
Following on from an order in April last year, Cargotec has won a contract for two active heave-compensated (AHC) offshore cranes from the privately-owned Norwegian specialist operator, Volstad Maritime. The two cranes, a 250-tonne MacGregor AHC subsea crane and a 15-tonne MacGregor AHC offshore cra
Norway: Cargotec Secures Two Crane Orders from Volstad
Following on from an order in April last year, Cargotec has won a contract for two active heave-compensated (AHC) offshore cranes from the privately-owned Norwegian specialist operator, Volstad Maritime. The two cranes, a 250-tonne MacGregor AHC subsea crane and a 15-tonne MacGregor AHC offshore cra
RWE Dea Buys Stake in PL 418, Offshore Norway
RWE Dea Norge AS, a wholly-owned subsidiary of the German upstream company RWE Dea, has entered into an agreement with Wintershall Norge ASA to acquire 10 percent equity in production license (PL) 418 in the North Sea. RWE Dea is thereby further strengthening its position in the northern North Sea,