Business & Finance
Singapore: Sembawang Shipyard Secures Conversion Contract from Equinox Offshore
Sembcorp Marine’s subsidiary Sembawang Shipyard has secured a US$140 million contract from Equinox Offshore Accommodation Limited to convert a ropax vessel to a DP2 Accommodation and Repair Vessel (ARV). Sembawang Shipyard has been awarded this milestone specialised contract based on the shipyard’s
Hamburg Sud and Partners to Upgrade Transatlantic Service
In collaboration with Hamburg Süd and ZIM, Grand Alliance members Hapag-Lloyd, NYK and OOCL have decided to upgrade their tonnage deployed in the Transatlantic Service between Europe and North America East Coast. As from March 2012 instead of four 3,700 TEU vessels, four 5,400 TEU ships are then to
Brazil: STX OSV Launches New PSV for Deep Sea Supply
Deep Sea Supply announces that its newbuilding was launched Monday 14 November 2011 at STX OSV Niterol in Brazil. Godmother, Maria Chambriard, all employees of Deep Sea Supply’s Brazil office including spouses and children, colleagues from Singapore and Norway and invited guests from Brazilian shipp
Greece: Diana Containerships Signs MoU for Purchase of Two Panamax Container Vessels
Diana Containerships Inc., a global shipping company specializing in owning and operating containerships, today announced that it has signed two Memoranda of Agreement with Reederei Santa Containerschiffe GmbH & Co. KG for the purchase of two Panamax container vessels, MV “Cap San Marco” and MV “Cap
Swedish Offshore Wind Farm Project for Jan De Nul Group
Jan De Nul Group has been awarded a project for the design, the construction and the installation of 16 concrete foundations for an offshore wind farm in the Swedish part of the Baltic Sea, by order of E.ON (Sweden). Jan De Nul Group already started the design of the foundations of the 3MW wind turb
China: Zhuhai MSA Reports Gas Leak from Subsea Pipeline. CNOOC Shuts Production
China’s oil and gas titan ,CNOOC Limited, announced that its subsidiary Zhuhai Hengqin gas processing terminal today received notification from Zhuhai Maritime Safety Administration (“Zhuhai MSA”) that a leakage was found in the nearby subsea gas pipeline of the Zhuhai Terminal. After the incident o
Tangiers Petroleum Hires Polarcus Samur for Seismic Shoot Offshore Morocco
Tangiers Petroleum Limited has taken the opportunity to accelerate its Moroccan exploration program. The Company has reached agreement with Polarcus Samur Ltd to immediately commence an approximate 677 km2 3D seismic acquisition programme within its Tarfaya Block. This campaign will further delineat
Israel: Leviathan Holds More Gas Than Previously Estimated
Noble Energy, Inc. today announced results from its Leviathan appraisal well in the Amit license offshore Israel. The successful Leviathan #3 well, located more than three miles east of the original Leviathan discovery, encountered approximately 290 net feet of natural gas pay in multiple intervals.
CMIT Receives first Ultra Large Container Ship to Call in Vietnam
On 19th December 2011, Cai Mep International Terminal (CMIT) welcomed the CMA CGM LAPEROUSE to the Cai Mep – Thi Vai Port Complex in Ba Ria – Vung Tau Province. Belonging to CMA CGM, the world’s third largest container shipping company, and with a nominal capacity of 13,830 TEU and DWT of 157,092, C
China: CNOOC Finds Leakage in Zhuhai Terminal’s Subsea Pipeline
CNOOC Limited announced, its subsidiary Zhuhai Hengqin gas processing terminal received notification from Zhuhai Maritime Safety Administration that a leakage was found in the nearby subsea gas pipeline of the Zhuhai Terminal. After the incident occurred, CNOOC Limited Shenzhen Branch immediately la
Germany: Aker Wirth Equips Tungsten Explorer Drillship with Mud Pump
German based, Aker Wirth has on December 15th delivered its the 250th mud pump in the TPK 2200 series. Following its successful trial run, the jubilee pump is now on its way to Korea. It will be installed there as one of four pumps in the “Tungsten Explorer” drillship from Vantage Drilling being bui
Qatar: TE SubCom and Gulf Bridge International Complete Works on GBI Cable System
Gulf Bridge International (GBI), the Middle East’s first privately owned submarine cable operator, and TE SubCom, a TE Connectivity Ltd. Company and an industry pioneer in undersea communications technology, announced the completion of works of the GBI cable system segments within the Gulf, the Gulf
Northern Offshore Hires Fairstar to Transport Drilling Rig from Malta to Northern Europe
Fairstar Heavy Transport N.V. (FAIR) has been awarded a contract by Northern Offshore to transport the jack-up drilling rig ENERGY EXERTER from Malta to Northern Europe in January 2012. The Fairstar open stern, semi-submersible vessel FJELL is expected to load the ENERGY EXERTER in early January and
Fred. Olsen Energy Not to Declare Option for 2nd Drillship from HHI, South Korea
Reference is made to notice to Oslo Stock Exchange dated 17th October 2011 regarding an option for a second drillship at Hyundai Heavy Industries Co. Ltd. A wholly owned subsidiary of Fred. Olsen Energy ASA has decided not to declare the option for a second drillship. On October 17, a wholly owned s