Business & Finance
UK: Port of Felixstowe Receives New Cranes
The UK’s Secretary of State for Transport, the Rt Hon Justine Greening MP, has visited the Port of Felixstowe, the country’s largest container port, to see it take delivery of its latest consignment of new cranes. Whilst at the port, the Secretary of State met with senior management of the port, bef
UAE: TGS to Charter Seismic Vessel Polarcus Amani
Polarcus Limited, a Dubai-based marine geophysical company, has signed a Letter of Intent with TGS-NOPEC Geophysical Company ASA (TGS) for the charter of the 12 – 14 streamer 3D seismic vessel POLARCUS AMANI. The charter, of minimum 5 months duration and subject to the execution of a service contrac
Norway: Eidesvik Offshore 3Q EBITDA Up
Eidesvik Offshore ASA’ operating result before depreciation (EBITDA) for 3rd quarter 2011 is MNOK 117,8 compared to MNOK 113,3 for the same period last year. Operating income is MNOK 255,7 compared to MNOK 254,7 for the same period last year. Operating result before depreciation (EBITDA) for the fir
UAE: TWMA Stregthens its Footprint in MENA Region
TWMA, a provider of complete waste management technologies and services to the global oil and gas industry has today appointed Danny Murray to the newly created position of business development manager for the Middle East and North Africa (MENA). This move comes as TWMA announces its plans to set up
USA: Crowley Announces Launch of New Tugs
Crowley Maritime Corp. announces the recent launch the Ocean Wave, the first of four Ocean Class tugboats under construction at Bollinger Shipyards in Amelia, La. The Ocean Wave and Ocean Wind are classed as Dynamic Positioning 1 (DP1) tugboats and are twin-screw, steel-hulled tugs with an overall l
PGS to Start Seismic Survey at Corentyne Licence, Offshore Guyana
CGX Energy Inc. has awarded a 1,160 square kilometre 3D marine seismic contract to a subsidiary of Petroleum Geo-Services (PGS). PGS’s Ramform Challenger will undertake the five week contract at CGX’s fully owned Corentyne PPL, offshore Guyana, commencing mid-December. PGS is a leading geophysical s
ITF Launches Second South Asia Week of Action
The International Transport Workers’ Federation (ITF) today launches a second week of action targeting vessels at ports in India. Volunteer teams of seafarers, dockers and ITF inspectors will target ships calling at the ports of Mumbai, Kandla, New Mangalore, Paradip, Visakhapatnam, Kolkata and Hald
Singapore: Cathelco to Supply FSRU and AHTS Vessels with Water Desalinators
Overseas sales of Cathelco Seafresh reverse osmosis desalinators continue to gain momentum with the announcement of orders for two projects in Singapore. Cathelco Seafresh are supplying reverse osmosis desalinators for the Khannur, an LNG carrier owned by Golar LNG of Norway which is being converted
UAE: DP World Announces Expansion of Jebel Ali Port
DP World has announced its intention to expand flagship port Jebel Ali in the UAE by creating an additional 4 million TEU capacity, resulting in total capacity at Jebel Ali reaching 19 million TEU by 2014. DP World will be investing around $850 million over three years adapting 1,860 metres of quays
Adira Farms Out 25 pct of Interest in Yitzhak License Offshore Israel
Adira Energy Ltd. has entered into a series of agreements to farm-out part of its interest in the Yitzhak license (the “License”) to strengthen its operating and business profile in the License and to reduce its working interest from 85% to 60%. Adira has entered into a Farm-out Agreement with the A
Brazil’s Belov Orders Saab Seaeye ROVs
Brazilian-based underwater operator, Belov Engenharia, has switched to Saab Seaeye ROVs for work on Brazilian offshore fields. It is the first purchase of Saab Seaeye vehicles by Belov, founded in 1981 and a key provider of services across civil, harbour and offshore operations. General Manager, And
USA: RLC Names CFO and VP Business Development
RLC, the largest privately-held helicopter operator in the Gulf of Mexico, today announced key appointments in finance and business development. Joan McCarthy has been named CFO, bringing the company extensive expertise in management and accounting including more than 15 years of experience in the o
USA: Crowley Launches First Ocean Class Tug Boat
Crowley Maritime Corp. announces the recent launch the Ocean Wave, the first of four Ocean Class tugboats under construction at Bollinger Shipyards in Amelia, La. The Ocean Wave and Ocean Wind are classed as Dynamic Positioning 1 (DP1) tugboats and are twin-screw, steel-hulled tugs with an overall l
Singapore: Cathelco Provides Desalinators for West Java FSRU Project
Overseas sales of Cathelco Seafresh reverse osmosis desalinators continue to gain momentum with the announcement of orders for two projects in Singapore. Cathelco Seafresh are supplying reverse osmosis desalinators for the Khannur, an LNG carrier owned by Golar LNG of Norway which is being converted