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Business & Finance

USA: Army Corps Keeps Commerce Moving Along Texas Coast
Business & Finance

USA: Army Corps Keeps Commerce Moving Along Texas Coast

On any given day, ships carrying cargo from Mexico to China pull into one of the 28 ports along the Texas coast to deliver imported goods ranging from coffee to cars – a maritime industry that generates $135 billion in economic value to the state and creates nearly one million jobs. With Texas ports

about 14 years ago
Indonesia: PIP Semarang Introduces DP and INS Simulator Training
Business & Finance

Indonesia: PIP Semarang Introduces DP and INS Simulator Training

On 20 January 2012, Capt. Bobby R Mamahit, Head of Transportation HRD Agency, Ministry of Transportation, Republic of Indonesia, opened a glorious ceremony of Integrated Navigation System Building launch. This building is owned by PIP Semarang (Semarang Merchant Marine Polytechnic), one of the state

about 14 years ago
Nigeria: Chevron Starts Drilling Relief Well to Seal Burning Funiwa
Business & Finance

Nigeria: Chevron Starts Drilling Relief Well to Seal Burning Funiwa

Chevron Nigeria Limited has begun the process of drilling a relief well to seal the Funiwa 1A natural gas well. The relief well is being drilled to extinguish a fire that began Jan. 16 when Chevron reported the fire outbreak aboard the K.S. Endeavor, a drilling rig offshore Nigeria operated by FODE

about 14 years ago
Australia: CSV Southern Ocean Stays with Fugro Until 2016
Business & Finance

Australia: CSV Southern Ocean Stays with Fugro Until 2016

A Norwegian offshore shipping company Oceanteam Shipping ASA has secured an extension of a bareboat charter with Fugro TS Marine Australia for the CSV Southern Ocean until end 2015. The original charter with the Fugro’s subsea services division in Australia expired end 2013. The companies did not re

about 14 years ago
The Netherlands: N-Seatec Announces Delivery of Another Subsea Lifting Magnet
Business & Finance

The Netherlands: N-Seatec Announces Delivery of Another Subsea Lifting Magnet

N-Seatec announces that based on their standard Subsea lifting magnet principle another unit is ready to be delivered to an offshore operator. This specific unit is designed to lift a maximum load of 500kg and can be remotely activated by an ROV. Magnet activation will be achieved by a hydraulic act

about 14 years ago

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Hydroid to Hold REMUS 100 AUV Training in UK
Business & Finance

Hydroid to Hold REMUS 100 AUV Training in UK

Hydroid, Inc., a subsidiary of Kongsberg Maritime, the leading manufacturer of Autonomous Underwater Vehicles (AUVs), will hold an Open Enrollment Training session during the week of March 5-9, 2012, at the National Oceanographic Centre in Southampton, UK. Seats are still available. Training will fo

about 14 years ago
UAE’s Dragon Oil Getting Ready for Bowleven Takeover Bid
Business & Finance

UAE’s Dragon Oil Getting Ready for Bowleven Takeover Bid

Bowleven, a West Africa focused oil and gas company, based in Edinburgh saw its shares rise some 70% driven by speculation of a possible takeover by Dragon Oil. The shares rose to 133.67 pence at 12:18 GMT, which represents a five month high. Dubai based, Dragon Oil released a statement in which it

about 14 years ago
Oceanteam Shipping Extends Charter for CSV Southern Ocean in Australia
Business & Finance

Oceanteam Shipping Extends Charter for CSV Southern Ocean in Australia

Oceanteam Shipping ASA confirms the extension of a bareboat charter with Fugro TS Marine Australia for the CSV Southern Ocean until end 2015. The original charter expired end 2013. CSV Southern Ocean is a large construction support vessel jointly owned between Bourbon Offshore Norway AS and Oceantea

about 14 years ago
Australia: Fugro TS Marine Extends Charter for CSV Southern Ocean
Business & Finance

Australia: Fugro TS Marine Extends Charter for CSV Southern Ocean

Oceanteam Shipping ASA confirms the extension of a bareboat charter with Fugro TS Marine Australia for the CSV Southern Ocean until end 2015. The original charter expired end 2013. CSV Southern Ocean is a large construction support vessel jointly owned between Bourbon Offshore Norway AS and Oceantea

about 14 years ago
UK: Coldharbour Marine Secures BWT Retrofit Contract for VLCC
Business & Finance

UK: Coldharbour Marine Secures BWT Retrofit Contract for VLCC

Coldharbour Marine Limited, based in Alfreton in the United Kingdom, has secured an order to retrofit its ballast water treatment system on board a VLCC with the expected completion set for late March or early April. The company will be responsible for both delivery and installation of the system. T

about 14 years ago

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CMA CGM Announces Reshuffling of its Asia-West Med Services
Business & Finance

CMA CGM Announces Reshuffling of its Asia-West Med Services

CMA CGM announces the reshuffling of its services on the Asia-West Mediterranean trade in partnership with Maersk Line (ML). As from early April 2012, the new CMA CGM Asia – West Med network will be covered by the following loops: New MEX 1 A service jointly operated by CMA CGM and Maersk Line with

about 14 years ago
Finland: Viking Line Chooses Name for Its New Vessel
Business & Finance

Finland: Viking Line Chooses Name for Its New Vessel

Viking Line’s new vessel, with the working name NB 1376, will be called the M/S Viking Grace. The vessel, which begins service in January 2013 on the Turku (Finland) – Åland Islands (Finland) – Stockholm (Sweden) route, will officially receive its name during a christening ceremony that will take pl

about 14 years ago
Drilling Kicks Off at Eugene Island (USA)
Business & Finance

Drilling Kicks Off at Eugene Island (USA)

Leni Gas & Oil plc today confirms the start of drilling operations with the Ocean Columbia jack-up rig at the Eugene Island Field in the US Gulf of Mexico. Further to the brief delay announced on 7 February which said that the the rig’s legs were stuck on the seafloor, the rig has now been […

about 14 years ago
Russia: Sovcomflot’s SEVP Wins Award for Achievements in Science and Technology in 2011
Business & Finance

Russia: Sovcomflot’s SEVP Wins Award for Achievements in Science and Technology in 2011

On 6 February 2012 the Government of the Russian Federation announced the winners of “The Prize for Achievements in Science and Technology in 2011”. SCF Group records that Mr. Sergey Popravko, Member of the Sovcomflot Executive Board and Senior Executive Vice-President, has been awarded one of these

about 14 years ago