Business & Finance
Monaco: Scorpio Tankers Announces Newbuilding, Sales and Charter Agreements
Scorpio Tankers Inc. announced today that it has signed a contract with Hyundai Mipo Dockyard Co., Ltd. of South Korea to construct a 52,000 DWT MR product tanker, entered into agreements to sell three of its Handymax vessels, and agreed to time charter-in two MR product tankers. Newbuilding Vessel
USA: Bluefin and The Columbia Group to Invest in Proteus Submersible Vehicle
Bluefin Robotics, a subsidiary of Battelle, is joining with The Columbia Group to invest in the next generation large submersible vehicle. Bluefin is a leader in design and manufacture of Unmanned Underwater Vehicles (UUVs) and related technology. Battelle has a long history of meeting the technolog
UK: IMO – Polar Code Guidelines and Standards Under Construction
The International Maritime Organization (IMO) is developing a mandatory Polar Code in order to set standards for ship construction and operation in polar waters, according to INTERTANKO’s Technical Director, Dragos Rauta, who was at IMO this week. The Polar Code will be based on an existing set of I
Dutch OSD Seal 10 PSV Design Contracts
Offshore Ship Designers (OSD), headquartered in The Netherlands has secured ten new design contracts for large diesel-electric Platform Supply Vessels for two major offshore operators building at three shipyards in Brazil, Japan and Spain. Swire Pacific Offshore Operations (Pte) Limited has ordered
Norway: Technip Wins Contract for Åsgard Subsea Compression Project
In connection with the development of the world’s first seabed gas compression facility on the Åsgard field, Technip Norway has been awarded the contract for the marine operations of the project. The contract is valued at NOK 1,2 billion. Åsgard seabed gas compression is expected to increase recover
Norway: Technip to Install Subsea Compression System on Asgard
Technip has been awarded by Statoil a contract, valued above €150million (198.5 million U.S. dollars), for the major Åsgard Subsea Compression project located in the Norwegian Sea, 40 kilometers East of the Åsgard field, at a water depth of 340 meters. The contract covers the installation of the sub
Ministers Appoint Chair of HIE (UK)
Professor Lorne Crerar has been appointed by Ministers as Chair of Highlands and Islands Enterprise (HIE). Lorne is a founding partner and Chairman of Scottish commercial law firm Harper Macleod LLP, which has offices in Glasgow, Edinburgh and Inverness and has held the part-time Chair of Banking La
The Netherlands: Maasvlakte Gets First Waiting Berth for Small Container Ships
Last Friday, the first waiting berth for short sea and feeder vessels went into use on the Maasvlakte. It involves the former Tor Line berth, which the Port of Rotterdam Authority has made suitable for small container vessels. The waiting berth was used straight away by the 137-metre “Öland”, owned
USA: Great Lakes Reports 2011 Results
Great Lakes Dredge & Dock Corporation, the largest provider of dredging services in the United States and a major provider of commercial and industrial demolition and remediation services, today reported financial results for the quarter and year ended December 31, 2011. Commentary Chief Executive O
USA: Anadarko Appoints New President and CEO
Anadarko Petroleum Corporation today announced its Board of Directors has promoted Al Walker, the company’s President and Chief Operating Officer, to the position of President and CEO. Jim Hackett, who was named Anadarko’s CEO in December of 2003, will continue serving the company in the newly creat
UK: Offshore Ship Designers Seals Ten New PSV Orders
Offshore Ship Designers has sealed ten new design contracts for large diesel-electric Platform Supply Vessels for two major offshore operators building at three shipyards in Brazil, Japan and Spain. Swire Pacific Offshore Operations (Pte) Limited has ordered four IMT-997 Platform Supply Vessels to b
Norway: GMC Yard Carries Out Modification on AMC Connector
The AMC Connector is known as the largest and most advanced cable- and pipe-laying vessel for deep ocean operations. The vessel will be docked at GMC Yard in Buøy outside Stavanger until March 11th 2012. The 156-meter long multi-purpose vessel, AMC Connector, is an advanced ship with a high cargo ca
Norway: GMC Yard to Modify AMC Connector
The AMC Connector is known as the largest and most advanced cable- and pipe-laying vessel for deep ocean operations. The vessel will be docked at GMC Yard in Buøy outside Stavanger until March 11th 2012. The 156-meter long multi-purpose vessel, AMC Connector, is an advanced ship with a high cargo ca
USA: SubConn Develops New Connector Series
Demands placed on underwater connectors have increased as underwater technology projects combine increasing numbers of sensors and each sensor requires multiple connections. Often connectors need to combine power and signal – power to supply the sensors and signals for information. SubConn Inc. has