Business & Finance
Canada: DP World Vancouver to Operate Port of Nanaimo’s Cargo Terminals
DP World Vancouver and the Nanaimo Port Authority have signed a three year agreement that awards DP World Vancouver the right to operate the Port of Nanaimo’s facilities, including the general cargo Duke Point facility and Assembly Wharf. The two parties are looking at diversifying and pursuing comm
USA: Harvey Gulf Selects ABS to Class its New Dual Fueled OSVs
Harvey Gulf International Marine has selected ABS as the class society for its two new dual fueled LNG-powered offshore supply vessels (OSVs) being constructed at Trinity Offshore LLC. The vessels will be among the first to be classed under the ABS Guide for Propulsion and Auxiliary Systems for Gas
UK: Caley Starts Construction of Turntable Cable Installation System for Blue Offshore
Offshore handling systems specialist, Caley Ocean Systems has begun assembly and construction of the world’s largest, turntable cable installation system for subsea construction contractor, Blue Offshore NV, at the former Swan Hunter shipyard facilities at Wallsend, Newcastle-upon-Tyne (UK). Designe
Dhiraagu Begins Submarine Cable Laying Operations Across Maldives
Dhiraagu, the Maldives business of Cable & Wireless Communications, has commenced laying a new fibre optic submarine cable network system which will run from the north to the south of the island nation. The Dhiraagu Domestic Submarine Cable Network (DDSCN) is a 1253 km length fibre optic submarine c
Jinhai Delivers first VLCC to Norwegian Shipowner
Jinhai Heavy Industry has completed the construction of the VLCC designed to consume less bunker fuel for higher energy efficiency. Chinese shipbuilder’s first 320,000 dwt VLCC will be delivered to a Norwegian shipowner. The shipyard has been given further seven orders for the similar-sized oil tank
China: COSCO (Nantong) Shipyard Secures USD 220 Million Shipbuilding Contract
The Board of Directors of COSCO Corporation (Singapore) Limited announces that COSCO (Nantong) Shipyard Co. Ltd., a subsidiary of the Company’s 51% owned subsidiary, COSCO Shipyard Group Co. Ltd., has secured a contract valued over USD 220 million from an Asian company to build two Self Propelled Pi
China: COSCO Nan Tong to Build Two Pipelay Heavylift Offshore Construction Vessels
COSCO (Nan tong) Shipyard Co. Ltd.,has secured a contract valued over USD220 million from an Asian company to build two (2) Self Propelled Pipelay Heavylift Offshore Construction Vessels. The vessels are scheduled for delivery in the fourth quarter of 2013 and the first quarter of 2014 respectively.
China: COSCO Nantong Wins Contract to Build Two Offshore Construction Vessels
The Board of Directors of COSCO Corporation (Singapore) announces that COSCO (Nantong) Shipyard Co. Ltd., a subsidiary of the Company’s 51% owned subsidiary, COSCO Shipyard Group Co. Ltd., has secured a contract valued over USD220 million from an Asian company to build two (2) Self Propelled Pipelay
Kuwait Oil Tanker to Grant USD 556 Million Contract for Five Tankers to DSME
The state-owned Kuwait Petroleum Corp. has given approval to Kuwait Oil Tanker Co. to grant contracts worth $556 million to South Korea’s Daewoo Shipbuilding & Marine Engineering Co. (042660) for five crude-oil tankers, reports Bloomberg. The tankers are deemed to be part of Kuwait Oil Tanker’s plan
DECC Awards North Sea Energy with New Blocks in UK North Sea
North Sea Energy Inc. announces that it has been notified by the UK Department of Energy and Climate Change (DECC) that it, together with its partners, has been awarded three new blocks in the UK North Sea in the 26th Seaward Licensing Round, namely the Norfolk prospect – block 12/16b (20% interest)
Wan Hai Lines, Sinotrans Container Lines Launch New North China to Taiwan Service
Wan Hai Lines and Sinotrans Container Lines announces that they will jointly launch a new North China to Taiwan service commencing on January 4th , 2012. The New Joint service, known as NCT II, consists of 2 x 1,200 TEU vessels with one operated by WHL and one by SNL. The service will run […]
Brazil: Petrobras Extends Contract for FPSO Marlim Sul
SBM Offshore, a Dutch-based global group of companies selling and renting systems and services to the offshore oil and gas industry has received an extension of 26 months for the lease and operating contract of the FPSO Marlim Sul from Petrobras. This extension will begin in April 2012, at the end o
GAC India Opens New Office in Pipavav
GAC India has opened a new office in Pipavav to cater to the needs of the growing number of vessels calling at the port and principals using it as a base for operations in the Mumbai High oil field, off the country’s west coast. With this expansion, GAC has a total of 27 offices in […]
USA: Oceaneering Announces Participation at Goldman Sachs Global Energy Conference
Oceaneering International, Inc. announced that M. Kevin McEvoy, President and Chief Executive Officer, will be a participant on the Oilfield Services Panel, Outlook for Subsea Equipment Market, at the Goldman Sachs Global Energy Conference in Miami, FL on Wednesday, January 11, 2012. The conference