Business & Finance
USA: Researchers Transplant Staghorn Coral to Broward County Reef
In a delicate operation at sea, healthy staghorn coral were transplanted Friday to a threatened reef off the Broward County coast by researchers at Nova Southeastern University’s Oceanographic Center and its internal National Coral Reef Institute (NCRI). “This is the northernmost location on the pla
Russia: Construction of Corvette Gromky Officially Starts
A festive construction-starting ceremony of second serial Project 20380 corvette took place at Amur Shipyard on Feb 17; the ship was christened Gromky and is expected to join Pacific Fleet, city administration of Komsomolsk-on-Amur told Central Navy Portal. The ceremony was attended by Khabarovsk Go
France: DCNS and OpenHydro Win Cleantech 2012 Prize
The Cleantech AFIC (French Private Equity Association) Club and consultants Ernst & Young presented DCNS and OpenHydro with their award for the best investment in an innovative start-up by a major corporate group. This award is made in recognition of the success achieved by the DCNS/OpenHydro partne
Indonesia: Arpeni Plans to Acquire Two Panamax Bulk Carriers
Indonesian listed shipping company, Arpeni Pratama Ocean Line, is going to get two ships this month as part of its effort to boost its fleet, reports The Jakarta Globe. Oentoro Surya, president director of the company, said that the ships would be delivered from China in the next few weeks with the
Norway: PGS Releases Fourth Quarter and Full Year 2011 Results
Petroleum Geo-Services ASA (PGS) released following fourth quarter and preliminary full year 2011 results. Highlights 2011 * Strong EBITDA of $534.8 million * Total MultiClient revenues of $501.8 million, up 28% from 2010, with record late sales of $278.3 million * Continued growth for Data Processi
Norway: Statoil to Use Aker Barents for Well Plugging in Barents Sea
The Petroleum Safety Authority Norway has granted Statoil consent to use Aker Barents for plugging well 7222/11-1 in the Barents Sea. The objective of the operation is to permanently plug exploration well 7222/11-1. The well was temporarily plugged in 2008. The planned activity entails removing the
UK: WilHunter Repaired. Still no Drilling
Further to the stock exchange announcement of 31st January, 2012, when Awilco Drilling PLC reported that the WilHunter rig had incurred technical downtime, the company confirms that the outstanding repair work on the rig was completed on the 31st of January. Drilling activity has not however been ab
Germany: PRO NAUTAS Wins Communication Solution Contract from HHL
GmbH, independent experts in providing maritime electronics solutions to the merchant industry, announced that it was selected by the leading heavy lift shipping company Hansa Heavy Lift (HHL) to provide total ship-to-shore communications and maintenance solutions contract for their 21+ vessels. PRO
New Zealand: Stefan Richardson Joins WASSP as Development Manager
WASSP Ltd has announced the appointment of Stefan Richardson as its Development Manager to oversee the company’s multibeam sonar products. WASSP Ltd CEO Gareth Hodson says Richardson has a tremendous amount of experience and passion around marine technology and holds a BSc 1st Class Hons in Marine N
London Array Consortium to Fund Student (UK)
Students living in, or near to, the parish of Graveney with Goodnestone who are looking to go to university to study a subject related to sustainable development, science or engineering, can now apply to the 2012/13 London Array University Bursary Scheme. The scheme, which forms part of our wider co
UK: BMT Nigel Gee to Design Eight Windfarm Support Vessels
BMT Nigel Gee Ltd, a subsidiary of BMT Group, the leading international maritime design and engineering consultancy, announces that it has won a contract to supply the design for the construction of eight new 20m Windfarm Support Vessels, including options, to be built by Strategic Marine, the Austr
USA: Technip Rings Tubular Bells
Technip has received a lump sum contract by Hess Corporation for the development of the Tubular Bells field, located in the Mississippi Canyon area of the Gulf of Mexico at a water depth of approximately 4,500 feet (1,370 meters). The contract covers the design, engineering, fabrication and subsea i
Greece: Danaos Takes Delivery of Its Largest Vessel
Danaos Corporation, a leading international owner of containerships, announced that on February 16, 2012, it took delivery of its largest vessel in the fleet , the HYUNDAI TOGETHER, expanding its operational fleet to a total of 60 containerships aggregating 304,249 TEU. The HYUNDAI TOGETHER, built a
USA: Hess Hires Technip for Tubular Bells Field Development
Technip was awarded a lump sum contract by Hess Corporation for the development of the Tubular Bells field, located in the Mississippi Canyon area of the Gulf of Mexico at a water depth of approximately 4,500 feet (1,370 meters). The contract covers the design, engineering, fabrication and subsea in