Business & Finance
Portugal: IMO Authorizes EMSA to Operate LRIT Data Exchange
Operation of the International Data Exchange (IDE) for the Long Range Identification and Tracking of Ships (LRIT) has been successfully transferred to the European Maritime Safety Agency (EMSA) in Lisbon, Portugal. At the 10th session of the Ad Hoc LRIT Group established by IMO (31 October to 3 Nove
Bermuda: Teekay to Acquire FPSO Sevan Piranema
Teekay Offshore GP L.L.C., the general partner of Teekay Offshore Partners L.P. (Teekay Offshore or the Partnership) , announced today that Teekay Corporation (Teekay) and Teekay Offshore intend for Teekay Offshore to acquire the Sevan Piranema (Piranema) floating production, storage and offloading
Denmark: Jotron Consultas to Provide Fleet Management Software for NORDEN
By a thorough and meticulous screening of what the marked had to offer D/S NORDEN A/S selected the Norwegian-based Jotron Consultas AS as their future provider of fleet management software. The two parties have signed an agreement which includes rollout of latest v.4 of the Consultas Fleet Managemen
Bermuda: Teekay to Buy FPSO Sevan Piranema for USD 165 Million
Teekay Offshore GP L.L.C., the general partner of Teekay Offshore Partners L.P. (Teekay Offshore or the Partnership) , announced today that Teekay Corporation (Teekay) and Teekay Offshore intend for Teekay Offshore to acquire the Sevan Piranema (Piranema) floating production, storage and offloading
UK: FoundOcean Expands its Subsea and Offshore Services with the Introduction of MGC Products
FoundOcean has been appointed as an exclusive agent by IEV International Limited (now a wholly-owned subsidiary of IEV Holdings Limited, a company listed on Catalist of the Singapore Exchange) to market their revolutionary Marine Growth Prevention and Control products in European waters. Until now,
China Ming Yang Gross Profit up 7.3 pct YoY
China Ming Yang Wind Power Group Limited (“Ming Yang” or the “Company”), a leading wind turbine manufacturer in China, today announced its unaudited financial results for the second quarter ended June 30, 2011. Second Quarter 2011 Financial Highlights: Total wind turbine generators (“WTGs”) commissi
UAE: Grandweld Shipyard Delivers New Crew Boat
Grandweld Shipyards has commemorated the delivery of the second of three 41M crew boats in a special ceremony held at Grandweld facility in Dubai Maritime City. This marks Grandweld’s seventh delivery in 2011. Global Queen, an advanced version of the 41m crew boat, is the 18th of its type to be buil
UAE: Grandweld Shipyard Launches New Crew Boat
Grandweld Shipyards has commemorated the delivery of the second of three 41M crew boats in a special ceremony held at Grandweld facility in Dubai Maritime City. This marks Grandweld’s seventh delivery in 2011. Global Queen, an advanced version of the 41m crew boat, is the 18th of its type to be buil
Boskalis, SAAM Explore Opportunities for Joint Towage Operation in America
Royal Boskalis Westminster N.V. (Boskalis) announces that discussions are underway with Sudamericana Agencias Aereas y Maritimas S.A. (SAAM) to explore the possibilities and opportunities for a joint towage operation within the American Continent. The intended joint towage operation within the Ameri
Maritime New Zealand Removes More Oil from Rena
Maritime New Zealand says that on Thursday 54 tonnes of heavy fuel oil had been pumped from a submerged tank on board the container ship Ren… (radionz) [mappress] Source: radionz, November 10, 2011; Image: Maritime New Zealand
France: Bourbon Reports 15 pct Increase in 3Q Revenues
BOURBON today announces that in the third quarter of 2011, the company’s revenues totaled 252.2 million euros, up 14% (+20% at constant exchange rate) over the same period in 2010, buoyed by the steady improvement in daily rates and the good performance of shallow water offshore vessels. Compared wi
ACCIONA Appoints New Chief Global Business Development Officer (Spain)
Formerly at Citigroup, Fidel Andueza will be responsible for identifying and developing business and commercial opportunities and will sit on the Management Committee. Fidel Andueza will join ACCIONA as Chief Global Business Development Officer as part of an effort to enhance the Group’s internation
ACCIONA Appoints New Chief Global Business Development Officer (Spain)
Formerly at Citigroup, Fidel Andueza will be responsible for identifying and developing business and commercial opportunities and will sit on the Management Committee. Fidel Andueza will join ACCIONA as Chief Global Business Development Officer as part of an effort to enhance the Group’s internation
UK: FoundOcean Expands its Subsea and Offshore Services with Introduction of Marine Growth Prevention and Control Products
FoundOcean has been appointed as an exclusive agent by IEV International Limited (now a wholly-owned subsidiary of IEV Holdings Limited, a company listed on Catalist of the Singapore Exchange) to market their revolutionary Marine Growth Prevention and Control products in European waters. Until now,