Business & Finance
London Array Awards Three-year Bursary (UK)
The London Array University Bursary for the academic year 2011/2012 has been awarded to Thomas Gray from Rodmarsham. Thomas attended Borden Grammar School in Sittingbourne and has taken up a place at Surrey University to study Electronic Engineering. Richard Rigg, London Array’s Project Director, sa
Demag Cranes Launches International Dry Bulk Competence Centre Banbury, UK
Demag Cranes has announced (on November 14) the launch of its International Dry Bulk Competence Centre with the aim of further expanding the company’s activities in this sector. The centre is located in Banbury, United Kingdom, and will offer customers a complete bulk-handling product family ranging
Chevron Successfully Responds to Oil Seeps Offshore Brazil
Chevron Corporation last night reiterated that its efforts to respond to oil seeps and a subsequent sheen near the Chevron- operated Frade project, offshore Brazil have been successful. Since receiving approval from the Brazilian National Agency of Petroleum (ANP) late Sunday, Chevron Brazil immedia
Demag Cranes Launches International Dry Bulk Competence Centre in Banbury, UK
Demag Cranes has announced the launch of its International Dry Bulk Competence Centre with the aim of further expanding the company’s activities in this sector. The centre is located in Banbury, United Kingdom, and will offer customers a complete bulk-handling product family ranging from mobile harb
UK: Reef Subsea Charters Two New-Built DP2 Subsea Construction Vessels from Neptune
Reef Subsea AS announced that they have signed two five-year charter agreements for two newly-built dynamically positioned subsea construction vessels – Neptune Despina and Neptune Larissa – from Neptune Offshore AS. Simultaneously Neptune Subsea AS, the ship owning company of the vessels, welcomes
The Netherlands: Saltwater Engineering Designs New Chase Vessels for Rederij Groen
In the past months Saltwater Engineering designed and engineered two new generation chase vessels for Rederij Groen. In addition to the technical aspects Saltwater also managed the tender process, which was concluded at the Europoort exhibition by awarding the build of both vessels to Maaskant Shipy
The Netherlands: WesternGeco to Hire New Chase Vessels from Rederij Groen
In the past months Saltwater Engineering designed and engineered two new generation chase vessels for Rederij Groen. In addition to the technical aspects Saltwater also managed the tender process, which was concluded at the Europoort exhibition by awarding the build of both vessels to Maaskant Shipy
Belgium: Ackermans & van Haaren Announces 2011 Third Quarter Results
Interim report on the current state of affairs of the main group companies – Third quarter 2011: CONTRACTING, DREDGING AND CONCESSIONS DEME (AvH 50%) achieved in the third quarter 2011 again a continued high activity level, in line with the first half of the year. Thanks to an additional contract in
Greece: Star Bulk Receives its Newbuild Capesize Vessel
Star Bulk Carriers Corp., a global shipping company focusing on the transportation of drybulk cargoes, today announced that it has taken delivery of the Star Polaris, a 179,546 dwt Capesize newbuilding. The Star Polaris is the second vessel delivered to the Company from HHIC-Phil Inc., a subsidiary
Norway: Island Offshore Charters Two Recently Christened Vessels
Island Offshore, a provider of high quality solutions for the offshore oil industry based on a fleet of advanced high quality service and subsea service vessels, recently secured a 7 year contract from Schlumberger. The contract is for two of its recently christened vessels, Island Centurion and Isl
Equatorial Guinea: Noble Energy to Replicate Aseng Success at Alen Project
Noble Energy today reported that it achieved first production at Aseng project offshore Equatorial Guinea in less than three years from sanction, while delivering a world-class project seven months ahead of schedule, 13 percent below budget, and with an excellent safety record. Transferring the lear
India: G E Shipping Signs Contract to Sell MR Jag Pratap Product Carrier
The Great Eastern Shipping Co Ltd. (G E Shipping) has signed a contract to sell “Jag Pratap”, a Medium Range (MR) product carrier. The 1995 built vessel of about 45,600dwt will be delivered to the buyers in Q3 FY2012. The Company’s current fleet stands at 35 vessels, comprising of 25 tankers (9 crud
Norway: OceanSaver Appoints Houtan Houshangi as Interim CEO
OceanSaver, a leading global provider of class-approved, high capacity ballast water treatment (BWT) systems, today appointed Houtan Houshangi as interim Chief Executive Officer, effective immediately. Houshangi replaces Stein Foss who successfully developed and commercialized OceanSaver BWT system
IHC Merwede Sets Sight on Future Expansion (The Netherlands)
A decision has been made to maintain the current shareholder structure at IHC Merwede. The IHC Merwede Supervisory Board – in addition to all of the current shareholders – is comfortable with the financial strength of the company for the next year. With the support of JP Morgan and Rabobank M&A, IHC