Business & Finance
USA: Kirby Corporation Buys Three Coastwise Tank Barges and Tug Units
Kirby Corporation yesterday announced the purchase of the coastwise tank barge fleet of Seaboats, Inc. and affiliated companies consisting of three 80,000 barrel coastwise tank barge and tug units for $42.3 million in cash. The three coastwise tank barge and tug units currently operate along the Eas
Bourbon Establishes Russian Affiliate
BOURBON opens a new affiliate in Saint Petersburg, Bourbon Baltic, which will provide clients with first-class ship management resources. It complements BOURBON’s current operations in Sakhalin. Global leader in offshore oil and gas marine services, BOURBON opens Bourbon Baltic, an affiliate based i
Fugro Inks Contract with Wilson Sons to Build DP-2 ROV Support Vessel in Brazil
Fugro Brasil has signed a contract with Wilson Sons to build a DP-2 ROV Support Vessel in Brazil. The vessel´s total length is 83 meter with a main deck space of 520 square meter, gross tonnage of 4,400 ton, and accommodation for in total 60 persons. The vessel will be built at Wilson Sons´ shipyard
Fugro Brasil Orders ROV Support Vessel
Fugro Brasil has signed a contract with Wilson Sons to build a DP-2 ROV Support Vessel in Brazil. The vessel´s total length is 83 meter with a main deck space of 520 square meter, gross tonnage of 4,400 ton, and accommodation for in total 60 persons. The vessel will be built at Wilson Sons´ shipyard
The Netherlands: Damen Shipyards to Build Four PSVs for WWS
The Dutch shipbuilder, Damen Shipyards Group, has agreed with Norwegian shipowner World Wide Supply (WWS) to build 4 Platform Supply Vessels of the design “Damen PSV 3300 CD”. The vessels will be delivered from Damen`s shipyard in Romania from June to December 2013 and has a contract value of € 95 m
Newly Formed WWS Orders Four Damen Design PSVs (The Netherlands)
Newly founded offshore support company World Wide Support (WWS) has ordered four PSV 3300 CD’s with Damen Shipyards. The PSV 3300 CD, built according to Damen’s E3 principles, is a newly designed platform supply vessel for servicing oil and gas rigs worldwide and is specifically designed to perform
BP, Cameron Settle Legal Issues Over Deepwater Horizon Incident
BP today announced that it has reached agreement with Cameron International Corporation (“Cameron”), the designer and manufacturer of the Deepwater Horizon blowout preventer, to settle all claims between the companies related to the Deepwater Horizon accident and spill. BP and Cameron have concluded
Almi Tankers SA Takes Delivery of its Eco-Friendly Vessel from DSME, South Korea
Almi Tankers S.A, the expansion-minded Greek wet-market operator, yesterday took delivery of its first of 10 Suezmax tankers during a ceremony at Daewoo Shipbuilding and Marine Engineering’s (DSME) main shipyard in Okpo, Korea. The 157,787 dwt Almi Horizon is the first of seven tankers being built b
Denmark: Maersk Line Introduces Standard Bunker Adjustment Factor
Maersk Line is replacing the existing Bunker Adjustment Factor (BAF) by its new Standard Bunker Adjustment Factor (SBF). The changes will be introduced on January 1, 2012 and they will relate to all trades except the Pacific trade between Asia and North America. According to John Nielsen, Head of Ch
USA: Kosmos Energy Names New COO
Kosmos Energy announced today that Darrell McKenna has been named as Chief Operating Officer. In this role, McKenna will be responsible for the Company’s global drilling, development, and production functions, as well as Kosmos’ health, environment, and safety programs, beginning January 3, 2012. Pr
Norway: EMGS and Schlumberger Sign EM Industry Agreement
EMGS and Schlumberger have announced the intention to enter into a cooperative agreement effective from 3 January 2012 in which the parties will offer to the industry their respective expertise in the marine electromagnetic related fields of processing, advanced modelling and earth model building. S
UK: Environment Secretary Appoints James Cross as Chief Executive of MMO
Environment Secretary Caroline Spelman has appointed James Cross as Chief Executive of the Marine Management Organisation (MMO). James Cross has been with the MMO for almost two years, most recently as Acting Chief Executive and previously as MMO Director of Operations. The appointment was made afte
Sweden: FMV Purchases Two Additional REMUS 100 AUVs from Hydroid
The Swedish Defence Materiel Administration (FMV) has purchased two Autonomous Underwater Vehicles (AUVs) from Hydroid, Inc., a subsidiary of Kongsberg Maritime and the leading manufacturer of AUVs. The REMUS 100 AUVs will be used to support Sweden’s mine countermeasures program, especially in harbo
Norway: EMGS, Schlumberger Teaming Up in EM Sector
EMGS and Schlumberger have announced the intention to enter into a cooperative agreement effective from 3 January 2012 in which the parties will offer to the industry their respective expertise in the marine electromagnetic related fields of processing, advanced modelling and earth model building. S