Business & Finance
Singapore: Ezion Holdings Secures Charter for Its Liftboat
The Board of Directors of Ezion Holdings Limited announced that the Group has secured a charter contract with a value of approximately USD 65.7 million over a 4 year period to provide a Liftboat to be used by a state-linked power generation enterprise in China. The Liftboat is expected to be deploye
Saudi Aramco Ready to Spud its First Deepwater Well in Red Sea
Saudi Arabia’s state run oil giant, Saudi Aramco, has decided that the company is ready for deepwater exploration in the Red Sea.
USA: BlueView Technologies Includes New Software with Imaging Sonar Shipments
BlueView Technologies, the world leader in compact acoustic imaging and measurement technology, is now including its new ProViewer Plus operating software with all 2D Multibeam Imaging Sonar shipments. ProViewer Plus features the industry’s most advanced target tracking capabilities through exclusiv
Japan: KHI Delivers New Bulk Carrier to “K” Line Bulk Shipping
Kawasaki Heavy Industries, Ltd. has recently delivered the Britain Bay bulk carrier for “K” Line Bulk Shipping (UK) Limited at Sakaide Works. This 197-meter-long vessel (Kawasaki hull No. 1689) is the 11th state-of-the-art bulk carrier with a capacity of 58,000 DWT to be developed by Kawasaki. The v
Australia: Tap Provides Tallaganda Drilling Update
Australia’s Tap Oil Limited has provided an update on the Tallaganda-1 exploration well in permit WA-351-P in the Carnarvon Basin
WOC Encourages Vessels Transiting North Pacific to Send Debris Information to NOAA
Information from vessels transiting between Japan and North America is critical to tracking the debris from the tsunami that devastated Japan on March 11, 2011. Ships are encouraged to submit observations and photos of marine debris – as well as reports of „no debris observed‟ “NOAA is leading effor
Fincantieri Plans To Extend Al Fattan Ship Yard in Abu Dhabi, UAE
Fincantieri, the Italian shipbuilders, is going to extend the Al Fattan ship yard in Abu Dhabi as part of Etihad Ship Building (ESB), its new joint venture in the UAE, reports The National. “Etihad Ship Building is set to become our main logistical hub in an area which is of strategic importance for
Malaysia: Petronas Hires Tender Rig from SapuraCrest
Malaysia’s oil and gas company PETRONAS Carigali Sdn Bhd on February 22 sent a Letter of Intent to SapuraCrest’s subsidiary Petcon for the provision of a tender rig known as T-9. The one-year long contract is valued at approximately USD54 Million including a mobilisation fee. The Tioman T-9, jointly
Norway: ANDRITZ Increases Stake in Hammerfest Strøm
International technology Group ANDRITZ increased its stake in Hammerfest Strøm AS from 33.3% to 55.4%. The other major shareholders are the local Norwegian utility company Hammerfest Energi and the Spanish utility company Iberdrola. The company will operate under the name of ANDRITZ HYDRO Hammerfest
Japan: MOL and MES Conduct Gas Injection Demonstration Run
Mitsui O.S.K. Lines, Ltd. (MOL) said that Mitsui Engineering & Shipbuilding Co., Ltd. (MES) and MOL will conduct gas injection demonstration run utilizing a temporarily modified electrically-controlled type slow speed diesel engine. The engine is designed, manufactured and delivered to a shipyard wi
Norway: T-Rex Disappoints
Danish Maersk Oil has finished drilling the T-Rex prospect offshore Norway. The well, drilled in Production Licence 431 in the Norwegian Sea, discovered hydrocarbons but not in commercial quantities. The well found thinner than expected oil-bearing sands of reservoir quality at two intervals in the
UK Companies See Tidal Energy Development Potential in Philippines
There are several sites at Philippines that investors from UK find interesting for tidal energy ventures. Nautricity is a Scotland-based firm which develops technical solutions to generate electricity from current flows which occur naturally in the world’s oceans, seas, and estuaries. The company ha
OPDR Revamps Its Portugal and Spain Services
Hamburg, 5th March 2012. As part of its ongoing growth strategy and effective 7th March 2012, the Short Sea Shipping & Logistics provider Oldenburg-Portugiesische Dampfschiffs-Rhederei (OPDR) will revamp its Portugal and Spain services. The launch of the PANG (Portugal, Andalusia & Galicia) and CISS
MMF Steering Group Announces MMF50 (UK)
The next Marine Measurement Forum (MMF) will be number 50 in the series. To celebrate this milestone, the MMF Steering Group has announced that MMF50 will take place on Tuesday 12th June 2012 in the prestigious Princess Royal Gallery at the National Museum of the Royal Navy in the Historic Dockyard