Business & Finance
Australia: Total Reiterates Wish to Increase Ichthys Stake
Total’s president of exploration and production, gas and power Yves-Louis Darricarrère in a media briefing today in Perth, Australia, said that the company was in negotiations with INPEX to increase its stake in the giant Ichthys LNG project, the local website PerthNow reports. According to Darricar
Brazil: BMT Scientific Marine Services Buys Stake in Navcon
Navcon Navegacao e Controle Ltda, a Brazilian specialist in monitoring systems for the offshore oil and gas industry, entered into a formal partnership with BMT Scientific Marine Services Ltda. The company has an advanced R&D background and widespread experience of working offshore Brazil. Navcon’s
USA: Naming Ceremony for Safmarine’s New MPV
The Safmarine Sahara – Safmarine’s second newly-built, owned multi-purpose vessel (MPV) – was officially named on Friday (February 10, 2012) in Savannah, Georgia, USA. The vessel, built at the Wuhu Xinlian Shipyard in China in 2010, is currently deployed on Safmarine’s MPV trade between North Americ
Brazil: BMT Acquires Stake in Navcon
UK’s BMT has acquired a stake in NAVCON Navegação e Controle, a Brazilian company specializing in monitoring systems for the offshore oil and gas industry. Navcon has an advanced R&D background and widespread experience of working offshore Brazil. Navcon’s current oil and gas activities align with t
Greece: Diana Containerships Takes Delivery of MV APL Sardonyx
Diana Containerships Inc., a global shipping company specializing in owning and operating containerships, today announced that the Company took delivery of the Panamax container vessel, m/v “APL Sardonyx”, a 1995-built vessel of approximately 4,750 TEU capacity, on Friday, February 17, 2012. As prev
Germany: PALFINGER WIND Wins New Orders
Based on the high level of orders received in 2011, PALFINGER WIND has further strengthened its position as market leader in offshore wind cranes. Thomas Nitsch, Head of PALFINGER WIND Cranes, says, “Our success in winning orders for several major offshore wind farm projects shows that we are on the
HMCS Victoria Conducts Diving Operations Offshore Canada
Her Majesty’s Canadian Submarine (HMCS) Victoria conducted diving operations in the local waters near Victoria, B.C. Yesterday’s dive was witnessed by General Walt Natynczyk, Chief of the Defence Staff, and Vice-Admiral Paul Maddison, Commander, Royal Canadian Navy. HMCS Victoria is currently at sea
UK: ICAP Shipping Acquires Island Shipbrokers
ICAP Shipping, the shipping arm of ICAP plc, the world’s leading interdealer broker, today announced that it has acquired Island Shipbrokers Pte Ltd, a shipbroking company based in Singapore, from Tim Madley, Allan Spangsberg and Mystic Enterprises Limited. Island Shipbrokers Pte Ltd’s core business
Du Reports Submarine Cable Cut Between Dubai and Oman
Du issues an alert to its customers regarding the possible degradation of internet services as a result of an international submarine cable cut between Dubai and Oman. The cable cut may affect some Internet users who may witness degradation in internet speed as the company expects some slowness espe
Damen Shipyards Constructs Modular Dock for Djibouti
Damen Modular Dock (DMD) 4020 is being constructed, at Damen Shipyards, for – and will be delivered to – Djibouti. Djibouti’s busy port is one of the most important gateways to the African continent and is strategically located at the confluence of the Red Sea and the Indian Ocean. Besides maintenan
UK: Flexlife Awarded ISO/TS 29001 Certification
Flexlife, an oil and gas industry specialist in subsea project and integrity management, has been awarded the ISO/TS 29001 certification for its operations in the UK, the US and Brazil. The internationally recognised standard and technical specification defines the level of quality management system
APM Terminals Doubles Productivity in South America
Since assuming control of the North Terminal on July 1, 2011, now operating as APM Terminals Callao, crane productivity has more than doubled to 26.57 moves per hour per crane and gate turnaround time has decreased by 49% to 28 minutes in the first 29 weeks of operations. To date, APM Terminals has
Australia: Catalyst, Bhagwan Form Partnership for Growth
Catalyst Investment Managers Pty Ltd and Bhagwan Marine Pty Ltd today announced that they have completed a transaction whereby Catalyst has acquired a significant shareholding in Bhagwan Marine and provided capital for future growth of the business. The transaction was led from Catalyst’s recently o
Australia: University’s Researcher Creates Seafloor Map of Coral Sea
James Cook University’s Robin Beaman has produced a new map of Australia’s Coral Sea region that details the reefs, mountains, and canyons that exist under the sea. A marine geologist at JCU’s School of Earth and Environmental Sciences, Dr Beaman’s map covers an area of about one million square kilo