Business & Finance
APM Terminals Wins Lazaro Cardenas Terminal Bid, Mexico
The port authority of Lazaro Cardenas has announced APM Terminals as the winner of its deepwater container terminal bid (TEC2), designed to attract private investment and operational efficiencies to the port. The award represents a 32 year concession of a greenfield site for the design, financing,
Marintec China Proves its Leading Position as Gateway to Asian Maritime Industry
Marintec China 2011, organised by UBM and the Shanghai Society of Naval Architects and Marine Engineers, was a tremendous success over the four days of the show. The exhibition was 40% larger than in 2009, and took up six exhibition halls (W1 – W5 and N1) in Shanghai New International Expo Centre (S
China: CNOOC to Establish Environmental Protection Foundation
China National Offshore Oil Corporation(“CNOOC”), has submitted a registration application to Ministry of Civil Affairs of the People’s Republic of China for establishment of “CNOOC Marine Environmental and Ecological Protection Public Welfare Foundation” (“The Foundation”). The Foundation was launc
Gas Natural Unloads First LNG Cargo at Montoir Terminal, France
Gas Natural Europe, a subsidiary of GAS NATURAL FENOSA, supplier of natural gas in France, has made its first LNG unloading at the regasification plant of Montoir in Brittany, operated by Elengy (a GDF Suez subsidiary) in order to consolidate and enhance its presence in the French market. The energ
UK: GeoAcoustics Changes Name to Kongsberg Geoacoustics
Following an August board decision Kongsberg announces that Great Yarmouth, U.K. based GeoAcoustics will officially change its name to Kongsberg Geoacoustics Pte on January 03, 2012 and that its Singapore based Asia Pacific sales & support hub will change to Kongsberg Geoacoustics Pte Ltd. These nam
PSA Norway Checks Statoil’s Valemon Jacket
On 7 and 8 December 2011, the Petroleum Safety Authority Norway (PSA) carried out an audit of Statoil in connection with the engineering of load-bearing structures on Valemon’s jacket. The objective was, through spot checks, to ensure the engineering of the load-bearing structures is taking place p
Singapore: Keppel Secures New Shipbuilding Contracts
Keppel Offshore & Marine Ltd (Keppel O&M) through its subsidiaries, Keppel Singmarine Pte Ltd (Keppel Singmarine) and Keppel Verolme BV (Keppel Verolme), has secured contracts totaling S$150 million from international customers. Keppel Singmarine, the specialised shipbuilding division of Keppel O&M,
The Netherlands: Keppel to Refurbish Scarabeo 6 Rig
Keppel Verolme in the Netherlands will undertake the upgrade and maintenance of the semisubmersible drilling rig, Scarabeo 6. The rig is expected to arrive at the yard in 2Q 2012 for a period of six months. Work on the rig includes upgrading its drilling capabilities to a water depth of 1,200 metres
Marintec China Proves its Leading Position as Gateway to Asian Maritime Industry
Marintec China 2011, organised by UBM and the Shanghai Society of Naval Architects and Marine Engineers, was a tremendous success over the four days of the show (29 November – 2 December 2011). The exhibition was 40% larger than in 2009, and took up six exhibition halls (W1 – W5 and N1) in Shanghai
PNE Sells Gode Wind II to Brancor Capital Partners (Germany)
The wind farm project developer, PNE WIND AG is selling its shares in PNE Gode Wind II GmbH, in which the offshore wind farm project “Gode Wind II” is being developed, to HYSSING Vermögensverwaltungsgesellschaft mbH, which is held by the Danish Brancor Capital Partners APS. The agreed purchase price
China: Jiangsu Shipyard Delivers New Bulk Carrier Ming Zhou 55
On the Dec. 25th 2011, the leading ship of 47.500 DWT bulk carrier “Ming Zhou 55” for Ningbo Marine Company Ltd (SH 600798 NMCL) was successfully named and delivered at Shanghai Changxing Island by China Shipping Industry (Jiangsu) Co. Ltd (CIC Jiangsu). General manager Mr. Wu Chengye of China Shipp
USA: Moffat & Nichol to Complete Study of State’s Three Deep Water Ports
The Office of Policy and Management – working with the Department of Economic and Community Development, the Department of Transportation, the Department of Energy and Environmental Protection, and local officials – announced that it has selected leading global port and harbor advisor Moffat & Nicho
Vietnam: Pha Rung Shipyard Hands Over Vessel Inlaco Express
Pha Rung Shipyard Co Ltd, under the Viet Nam Shipbuilding Industry Corporation (Vinashin), yesterday handed over a 34,000-tonne cargo ship and a 13,000-tonne oil-chemical tanker to their owners in the northern port city of Hai Phong. The ship, designed by CarlBro A/S Denmark and Shanghai Hengar Ship
Turkey Grants Permit for Construction and Operation of South Stream Gas Pipeline
Yesterday in Moscow the Turkish party officially handed a note by the Turkish Ministry of Foreign Affairs regarding the South Stream project at a meeting between Vladimir Putin, Prime Minister of the Russian Federation and Taner Yildiz, Minister of Energy and Natural Resources of the Republic of Tur