Business & Finance
South Korea: Atlantic Bulk Carriers Takes Delivery of New Vessel MV Desert Victory
Atlantic Bulk Carriers Management Ltd, ship operator of Handymax, Supermax and Panamax size bulk carriers, on November 17, 2011 takes delivery of the latest addition to its fleet, M/V Desert Victory. Mr. George Filinis and Mr. Markos Charatsis, Atlantic Bulk Carriers’ Senior Captain and Chief Engine
Kosmos Energy Successfully Appraises Teak Discovery Offshore Ghana
Kosmos Energy announced that the Teak-3A appraisal well has confirmed a northern extension of the Teak discovery on the West Cape Three Points Block offshore Ghana. The Teak-3A well is located approximately 4 kilometers (2.5 miles) north of Teak-1 and was designed to test the potential structural an
Q3 Trading Update: Royal Boskalis Westminster N.V. Maintains Full Year Outlook (The Netherlands)
The third quarter at Royal Boskalis Westminster N.V. was in line with the 2011 first half, putting Boskalis on track to close the year in line with expectations with a net profit of € 230-250 million. Revenue in the third quarter was slightly higher than in the first two quarters of the year. At the
Chevron Plugging Offshore Brazil Well with Cement
Chevron Corporation yesterday said on its website that cementing operations were taking place as part of its well plugging activities on an appraisal well located near its Frade field offshore Brazil. Chevron also confirmed that “there has never been any oil flow from the wellhead and current monito
Great Lakes Wins USD 57 Million East Hidd Land Reclamation Project in Bahrain
Great Lakes Dredge & Dock Corporation, the largest provider of dredging services in the United States and a major provider of commercial and industrial demolition and remediation services, announced the award of the $57 million East Hidd Housing Project in Bahrain. Great Lakes will reclaim 618 acres
Singapore Shipping Corporation Looks to Acquire More Vessels
Singapore Shipping Corporation (SSC) is looking to acquire more vessels for long-term charters to expand its business following a 49% plunge… (Seatrade-Asia) [mappress] Source: Seatrade-Asia, November 17, 2011
“K” Line Enhances its West India Service
KAWASAKI KISEN KAISHA, LTD. (“K” Line) is enhancing its West India service with the introduction of a new Kwangyang/Kaohsiung – West India Express (FIX) service starting November 30, 2011 from Kwangyang as a slot operator. By introducing this new service, “K” Line will be able to provide direct serv
USA: Atwood Falcon Gets ‘Floater Rig of the Year’ Award by Shell
ATWOOD OCEANICS, INC. announced that the semisubmersible drilling rig Atwood Falcon, owned by an Atwood subsidiary, was awarded the “Floater Rig of the Year” by Shell recognizing it as the best performing floating rig for Shell worldwide in 2011. Atwood President and CEO Rob Saltiel and Atwood Falco
UK: BAE Systems Secures Five Year Services Contract
BAE Systems has won a five year contract to provide information services vital to the successful operation of the entire surface fleet for… (SSA) [mappress] Source: SSA, November 17, 2011; Image: RoyalNavy
Ireland: Transas Marine Launches New Version of FleetViewOnline
In today’s world economy, fleet management becomes more and more essential where information is a key. In response to this, Transas Marine introduces a new version of its fleet SSAS and tracking service FleetViewOnline 3.11. FleetViewOnline 3.11 offers its users three alternatives for electronic cha
UK: InterManager Calls for Crew and Environment Protection
Modern corporate social responsibility should include measures to care for crew as well as the environment, says InterManager Secretary General Captain Kuba Szymanski. Discussing corporate social responsibility (CSR) at this year’s InterManager Annual General Meeting, Capt. Szymanski said: “People t
USA: Atwood Falcon Wins Floater Rig of the Year Award from Shell
ATWOOD OCEANICS, INC. reported today the semisubmersible drilling rig Atwood Falcon, owned by an Atwood subsidiary, was awarded the “Floater Rig of the Year” by Shell recognizing it as the best performing floating rig for Shell worldwide in 2011. Atwood President and CEO Rob Saltiel and Atwood Falco
South Korean DSME Orders Safety Systems from Rockwell Automation
Daewoo Shipbuilding & Marine Engineering (DSME), a South Korean shipbuilder established in 1973 in South Korea, has awarded a $6 million+ order to Rockwell Automation and its Global Solutions team to provide emergency shutdown, fire and gas safety systems, and engineering services for four new DSME
UK: SNC-Lavalin Takes Part in Statoil’s Mariner Offshore Project
SNC-Lavalin announces that it has been awarded a contract by Statoil UK to carry out front-end engineering for its approximately 20,000 tonne substructure for the Mariner offshore development in the North Sea. Andy Mackintosh, Executive Vice-President, SNC-Lavalin Group Inc. commented: “We’re very p