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Business & Finance

The Netherlands: IHC Merwede Launches CSD SHANTI SAGAR XVI
Business & Finance

The Netherlands: IHC Merwede Launches CSD SHANTI SAGAR XVI

The naming and launch ceremony for the 13,000kW stationary cutter suction dredger, SHANTI SAGAR XVI, took place on 6 December 2011 at the IHC Merwede shipyard in Sliedrecht, The Netherlands. IHC Merwede is building the ship for Mundra Port Special Economic Zone Ltd., which is part of the Adani Group

about 15 years ago
Total Buys GDF Suez’s Stake in Elgin/Franklin Fields, Offshore UK
Business & Finance

Total Buys GDF Suez’s Stake in Elgin/Franklin Fields, Offshore UK

French oil giant Total, operator of the Elgin/Franklin fields in the British sector of the North Sea, announces the purchase of GDF SUEZ’s share in the two fields for an enterprise value of €590 million. This participation is held through a 22.5% interest in the company Elgin Franklin Oil & Gas (EFO

about 15 years ago
UK: Nautronix Secures Order from Noble Energy for their NASeBOP System
Business & Finance

UK: Nautronix Secures Order from Noble Energy for their NASeBOP System

Nautronix have been awarded an order worth around $4m from a well known American BOP supplier to supply their NASeBOP (Nautronix Emergency BOP Acoustic Control System) to be used on the four new ultra-deepwater drillships for Noble Corporation. This order comes just after their recent success in sec

about 15 years ago
The Netherlands: IHC Merwede Announces Successful Naming and Launch Ceremony for Shanti Sagar XVI
Business & Finance

The Netherlands: IHC Merwede Announces Successful Naming and Launch Ceremony for Shanti Sagar XVI

The naming and launch ceremony for the 13,000kW stationary cutter suction dredger, SHANTI SAGAR XVI, took place on 6 December 2011 at the IHC Merwede shipyard in Sliedrecht, The Netherlands. IHC Merwede is building the ship for Mundra Port Special Economic Zone Ltd., which is part of the Adani Group

about 15 years ago
Sweden: Concordia Maritim Wins ‘Best Annual Report’ Award
Business & Finance

Sweden: Concordia Maritim Wins ‘Best Annual Report’ Award

Today, Concordia Maritime, which is active in tanker shipping, was awarded the prize for “Best Annual Report” in Nasdaq OMX’s annual competition. The award was presented at a ceremony at FinForum in Stockholm. “Someone said that our annual report could function as a textbook in shipping and I think

about 15 years ago

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Croatia: Brodosplit Starts Construction of Luxury Passengers Yacht
Business & Finance

Croatia: Brodosplit Starts Construction of Luxury Passengers Yacht

On December 5th 2011, in Brodosplit shipyard the keel was laid for luxury passengers yacht that BSO is building for Laplain Management Ltd, headquarted in British Virgin Islands. The 60-metre vessel will be able to host 70 passengers on shorter relations on three decks and two luxurious saloons, whi

about 15 years ago
Hydroid Opens Registration for REMUS 100 AUV Training in UK
Business & Finance

Hydroid Opens Registration for REMUS 100 AUV Training in UK

Hydroid, Inc., a subsidiary of Kongsberg Maritime, the leading manufacturer of Autonomous Underwater Vehicles (AUVs), will hold an Open Enrollment Training session during the week of March 5-9, 2012, at the National Oceanographic Centre in Southampton, UK. Training will focus on basic operations and

about 15 years ago
China: Self Unloading Vessel Built for Coeclerici Completes Sea Trials
Business & Finance

China: Self Unloading Vessel Built for Coeclerici Completes Sea Trials

On 27th Nov. 2011, after a 4-day sea-trial, Hantong accomplished various testing programs for 55.000 DWT Self Unloading Vessel (HT081), and all inspections met the requirements of ship owners and the Class. The vessel is built for COECLERICI and Class approved by RINA. The steel cutting ceremony for

about 15 years ago
USA: SEA CON Presents Overview of Fiber Optic Connectors and their Use Undersea
Business & Finance

USA: SEA CON Presents Overview of Fiber Optic Connectors and their Use Undersea

Matt Christiansen presented overview of Fiber Optic connectors and their use undersea. Why use Fiber Optics? The introduction of fiber optics into subsea cables has allowed the realization of much greater rates of data communications with higher signal to noise ratios than was possible with electric

15 minutes read
Japan to Buy 70 pct of LNG from Ichthys Project
Business & Finance

Japan to Buy 70 pct of LNG from Ichthys Project

Ichthys Partners INPEX and TOTAL said that the total volume of 8.4 million tonnes per annum (mtpa) of LNG from the Ichthys Project is to be sold, with approximately 70% of the Ichthys LNG to be delivered to Japan. Ichthys LNG Pty Ltd, a company jointly owned by INPEX and TOTAL and the seller of [&he

about 15 years ago

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Nigeria: AVEON Offshore to Construct Vital Components for TOTAL’s LQ Platform
Business & Finance

Nigeria: AVEON Offshore to Construct Vital Components for TOTAL’s LQ Platform

AVEON Offshore Limited, has recently secured a contract from Eiffel Nigeria Ltd, the Nigerian subsidiary of EIFFAGE Construction Metallique for the fabrication of some major components of the LQ Platform for the TOTAL Exploration & Production Nigeria Limited OFON Phase II Project. Total Exploration

about 15 years ago
China: Winland Ocean Shipping, Viterra Sign USD 2.2 Million Shipping Contract
Business & Finance

China: Winland Ocean Shipping, Viterra Sign USD 2.2 Million Shipping Contract

Winland Ocean Shipping Corp., a global shipping company, today announced Fon Tai Shipping Co., Limited, a subsidiary of the Company, and Viterra Asia Pte Ltd. Singapore have entered a USD 2.2 million shipping contract to transport 53,300 MT yellow peas from Canada to India. M/V Fon Tai will carry th

about 15 years ago
Australia: Scientists Discover Two Sunken Islands, Part of Former Supercontinent Gondwana
Business & Finance

Australia: Scientists Discover Two Sunken Islands, Part of Former Supercontinent Gondwana

As a developer of systems that allow us to look into the hidden secrets of the oceans, Kongsberg Maritime has played its part in many amazing discoveries over the years. Scientists all over the world use our hydroacoustic technology to get a clear view on what is happening below the waves. Some proj

about 15 years ago
Greece: Diana Shipping Enters Into Time Charter Contract for MV Leto
Business & Finance

Greece: Diana Shipping Enters Into Time Charter Contract for MV Leto

Diana Shipping Inc., a global shipping company specializing in the ownership and operation of dry bulk vessels, today announced that it has entered into a time charter contract with EDF Trading Ltd., London, for one of its Panamax dry bulk carriers, the m/v “Vathy” to be renamed “Leto”, at a gross c

about 15 years ago