Business & Finance
Philippines Pushes for Maritime Education Improvements
In order to sustain its current status as the premier provider of quality seafarers worldwide, the Philippine’s Commission on Higher Education is pushing for an upgrade in maritime education. According to Capt. Hernando Eusebio, this push for educational and training improvement is needed to create
Trinidad: ShawCor Provides Concrete Weight Coatings for Technip’s Pipeline Project
ShawCor Ltd. announced its pipecoating division, Bredero Shaw, has received a significant contract from Technip USA, to provide Concrete Weight Coatings, anode installation and other related services for a Latin American pipeline project. The project will consist of approximately 100 km of 36” pipe
Greece: Star Bulk Redeploys Vessel Star Sigma
Star Bulk Carriers Corp., a global shipping company focusing on the transportation of dry bulk cargoes, announced that the vessel Star Sigma, which was time chartered to Pacific Bulk Shipping Ltd. of Hong Kong until October 2013 at a gross daily rate of $38,000, was redelivered to the Company. Pacif
Bermuda: Knightsbridge Amends Time Charter for VLCC Hampstead
Knightsbridge Tankers Limited has amended the time charter with Frontline Ltd. for the VLCC Hampstead. The time charter hire has been reduced from $37,750 per day to $27,050 per day for the remaining period of the charter commencing January 1, 2012. The expected redelivery date is April 22, 2012. T
China: CMHI Delivers Huahailong Heavy Lift Vessel
On Jan. 9, 2012, China Merchants Heavy Industry (Shenzhen) Co., Ltd. held the delivery ceremony of HUAHAILONG 30,000 dwt Semi-submersible Heavy Lift Vessel which was built for Guangzhou Salvage Bureau of the Ministry of Communications on the Mazhou Island yard. The vessel is a semi-submersible heavy
China: CMHI Delivers Semi-submersible Heavy Lift Vessel HUAHAILONG
On Jan. 9, 2012, China Merchants Heavy Industry (Shenzhen) Co., Ltd. held the Delivery Ceremony of HUAHAILONG 30,000 dwt Semi-submersible Heavy Lift Vessel which is built for Guangzhou Salvage Bureau of the Ministry of Communications on the Mazhou Island yard. The vessel is semi-submersible heavy li
UK: Coastline Surveys Welcomes New Members to its Team
In line with their Strategic plan and in response to the diverse commercial demands of the business, the Coastline head count continues to increase. Coastline Surveys Ltd have carefully selected the following personnel for their expertise and the ability to complement the already strong team, who un
REpower Acquires PowerBlades from SGL Rotec (Germany)
Effective from December 31, 2011, REpower Systems SE has acquired by purchase the remaining 49% stake in PowerBlades GmbH from SGL Rotec GmbH & Co. KG, a majority company of SGL Group. PowerBlades, headquartered in Bremerhaven, was founded in 2007 as a joint venture for the production of rotor blade
SapuraAcergy Secures USD 100 Million Subsea Construction Contract Offshore Vietnam
SapuraAcergy Sdn Bhd, a Kuala Lumpur based engineering and construction contractor for the regional offshore oil & gas industry has been awarded a contract for a subsea construction project, offshore Vietnam. The scope of work requires the installation of: 28km of 12” diameter pipeline, a 28km umbil
SapuraAcergy Wins Contract for Subsea Construction Project Offshore Vietnam
Subsea 7 S.A. announced that SapuraAcergy Sdn Bhd (SASB) has been awarded a contract for a subsea construction project, offshore Vietnam. The scope of work requires the installation of: 28km of 12” diameter pipeline, a 28km umbilical, PLETs and SSIV Structures, spools and pre-commissioning. The valu
Norway: RXT Wins Kvitebjorn Field Survey Gig
The multi-component seismic company Reservoir Exploration Technology ASA (RXT) has received an contract award for an Ocean Bottom Seismic (OBC) survey for the Kvitebjørn Field in Norway for Statoil. The main objective is to improve structural interpretation and achieve better illumination of fault p
China: CMHI Launches New Trailing Suction Hopper Dredger TONGHENG
TONGHENG, the 11000m3 trailing suction hopper dredger being constructed by CMHI, was successfully launched on December 26. Guests from CCCC, Tianjin Dredging Corporation, MARIC and CCS Shenzhen Branch presented at the ceremony. Emceed by Mr. Tu Fengqing, the Deputy Managing Director of CMHI, Mr. Zhu
Australia: Turbine Transfers Orders Fourth WFSV from Austal
Building on its initial success in the renewable energy market, Austal has confirmed a contract for a fourth wind farm support vessel for Turbine Transfers Limited. The order is the first for a new Austal design which will enable safer and more efficient offshore wind turbine service. Welcoming the
USA: NOAA Scientists Estimate Gulf Oil Spill Rate
By combining detailed chemical measurements in the deep ocean, in the oil slick, and in the air, NOAA scientists and academic colleagues have independently estimated how fast gases and oil were leaking during the 2010 Deepwater Horizon oil spill in the Gulf of Mexico. The new chemistry-based spill r