Business & Finance
Cathelco Designs Special Box Cooler Anti-fouling Systems for Rio Tinto Tugs, Australia
Cathelco have designed special box cooler anti-fouling systems for two tugs which are used by Rio Tinto to berth iron ore carrying vessels in the port of Dampier, Australia. The Pilbara Vulcan and Pilbara Neptune both experienced problems with bio-fouling which caused their box coolers to overheat.
Norway: Keppel Buys Stake in Offshore Wind Turbine Foundation Designer OWEC Tower
KV Ventus B.V., a wholly-owned subsidiary of Keppel Corporation Ltd. (Keppel) has entered into a share purchase and subscription agreement and shareholders’ agreement to acquire a 49.9% stake in offshore wind turbine foundation designer OWEC Tower (AS) for about NOK 61 million. OWEC Tower, headquar
Norway: Technip Retains OCV North Sea Giant
Technip Norge AS have declared an option to the existing contract for the 2012-season on the OCV “NORTH SEA GIANT” and will now retain the vessel until end 2013. The vessel will be employed on a number of large subsea construction projects in the North Sea during 2012, including flex-lay duties on G
Norway: Technip Retains ‘North Sea Giant’ Vessel
Technip Norge AS have declared an option to the existing contract for the 2012-season on the OCV “NORTH SEA GIANT” and will now retain the vessel until end 2013. The vessel will be employed on a number of large subsea construction projects in the North Sea during 2012, including flex-lay duties on G
Norway: North Sea Giant Stays with Technip
Technip Norge AS have declared an option to the existing contract for the 2012-season on the OCV “NORTH SEA GIANT” and will now retain the vessel until end 2013. The vessel will be employed on a number of large subsea construction projects in the North Sea during 2012, including flex-lay duties on G
Vietnam: Hyundai Vinashin Shipyard Launches New Bulk Carrier
On 03 January 2012, Hyundai Vinashin Shipyard held Launching Ceremony of 82.000 DWT Bulk Carrier under attendance of representatives of Owner and KR . This is the first vessel in a series of the 3 in the contract, signed between HVS and the shipowner – Hi Investment & security Co., Ltd (Panama) and
USA: BlueView, Deep Ocean Engineering Bolster Cooperation
BlueView Technologies, a company that specializes in compact acoustic imaging and measurement technology, and Deep Ocean Engineering, a well established brand with over 600 sophisticated Remotely Operated Vehicles (ROVs) in the field, signed a Systems Integrator Agreement that enables Deep Ocean Eng
USA: BlueView Inks Systems Integrator Agreement with Deep Ocean Engineering
BlueView Technologies, the world leader in compact acoustic imaging and measurement technology, and Deep Ocean Engineering, a well established brand with over 600 sophisticated Remotely Operated Vehicles (ROVs) in the field, worldwide signed a Systems Integrator Agreement that enables Deep Ocean Eng
Bermuda: SFL Announces Closing of Charter Amendments with Frontline
Ship Finance International Limited, today announced that it has successfully completed the previously announced amendments to the chartering agreements with Frontline Ltd. Ship Finance has agreed to temporarily reduce the charter rates by $6,500 per day per vessel from 2012 through 2015, and thereaf
Putin: Speed Up South Stream Execution (Russia)
Alexey Miller, Chairman of the Gazprom Management Committee reported recently to Vladimir Putin, Prime Minister of the Russian Federation on the negotiations with Ukraine in the gas sector and, in this regard, on the South Stream project implementation. According to Alexey Miller, Ukrainian partners
GSP Prince Conducts Survey Services for South Stream Project
GSP Prince provides survey services & support for the South Stream project. The operations performed from GSP Prince covered by now about a half of the 900-kilometer long route with most of the South Stream pipeline route lying at depths of over 2 kilometers. A record reduction in time has been achi
GSP Prince Provides Survey Services for South Stream Project
GSP Prince provides survey services & support for the South Stream project. The operations performed from GSP Prince covered by now about a half of the 900-kilometer long route with most of the South Stream pipeline route lying at depths of over 2 kilometers. A record reduction in time has been achi
GSP Prince Conducts Deep Sea Survey for South Stream Project
GSP Prince, owned by Romania-based Grup Servicii Petroliere provides survey services & support for the South Stream project. The operations performed from GSP Prince covered by now about a half of the 900-kilometer long route with most of the South Stream pipeline route lying at depths of over 2 kil
Companies Plan to Invest GBP 2.5 Billion into UK Renewable Energy Projects
Chris Huhne revealed more evidence of the economic benefits of renewable energy as he reaffirmed the coalition’s commitment to meeting EU renewable energy targets. This came as the UK published an update on progress to source 15% of all energy from renewable sources by 2020. Latest research from DEC