Business & Finance
The Netherlands: IHC Merwede Wins Award for Extremely Innovative Maritime Product
IHC Merwede has won the HME Maritime Innovation Award with its IHC Spud Guard® at the sixth annual Maritime Awards Gala. This Award is presented to the manufacturer of an extremely innovative product, which is relevant to the maritime sector and has sufficient sales and export potential. According t
USA: Dril-Quip Releases Third Quarter Results
Dril-Quip, Inc. announced net income of $23.3 million, or $0.58 per diluted share for the three months ended September 30, 2011, versus net income of $27.7 million, or $0.69 per diluted share for the third quarter of 2010. Total revenues were $155.0 million during the quarter ended September 30, 201
USA: Mexus Provides Submarine Cable Operations Update
Mexus Gold U.S., a gold, silver, and copper exploration company focused on projects in the Western United States and Northern Mexico announces updates of its operations. Submarine Cable Operations The Mexus tug and barge arrived in Washington State on October 31, 2011. Mexus sales representative, Po
IADC Provides Dredging in Figures 2010 (The Netherlands)
Annual review of the global dredging market is provided by IADC as a service to all who are involved in dredging and maritime related industries and as part of its role to inform the public and other interested parties. The present review focuses on the situation in 2010 and was published in October
USA: GLDD to Present at Two Important Conferences
Great Lakes Dredge & Dock Corporation has announced Jonathan W. Berger, Chief Executive Officer, will be presenting at the Stephens Fall Investment Conference in New York on Tuesday, November 15, 2011. The presentation is scheduled to begin at 11:00 a.m. (ET). Katie Hayes, Treasurer and Director of
The Netherlands: IHC Merwede Receives HME Maritime Innovation Award
IHC Merwede has won the HME Maritime Innovation Award with its IHC Spud Guard® at the sixth annual Maritime Awards Gala. This Award is presented to the manufacturer of an extremely innovative product, which is relevant to the maritime sector and has sufficient sales and export potential. According t
The Netherlands: RESON to Present New SeaBat 7101-FLOW at EUROPORT 2011
From 8th to 11th November, 2011, RESON, a market leader in underwater acoustic sensors, state-of-the-art echo sounders, multibeam sonar systems, transducers, hydrophones, and PDS2000 software, will be exhibiting at EUROPORT 2011, at Ahoy in Rotterdam. RESON will be exhibiting their new specialised S
UK: SMart Wind Secures Grid Capacity for Second GW from Hornsea Offshore Wind Zone
The SMart Wind consortium, led by Mainstream Renewable Power and the Project and Structured Finance unit of Siemens Financial Services, has secured grid capacity for the second gigawatt (GW) of its 4GW Hornsea offshore wind development off the Yorkshire coast. This second grid connection for the off
UK: Salvage and Marine Operations Team Invites Tenders for Vessel Charter and Marine Services
The Salvage and Marine Operations Team invites tenders for vessel charter and marine Services. The Ministry has a requirement for the provision of chartering support and associated services for a 5 year period. The Salvage and Marine Operations (S&MO) Team is a key element of the MOD’s worldwide mar
UK: Veripos Appoints Angus Scott as Regional Manager
Aberdeen-based Veripos, the leading supplier of GNSS positioning services to the world offshore industry, has appointed Angus Scott as Regional Manager of its Europe, Africa and Middle East (EAME) division. Reporting to company Managing Director Walter Steedman, he will be responsible for continued
UK: Veripos Appoints EAME Division Manager
Aberdeen-based Veripos, the leading supplier of GNSS positioning services to the world offshore industry, has appointed Angus Scott as Regional Manager of its Europe, Africa and Middle East (EAME) division. Reporting to company Managing Director Walter Steedman, he will be responsible for continued
Norway: Vacon Signs Contract to Deliver AC Drives for AXTech Winches
AC drives manufacturer Vacon will deliver liquid-cooled AC drives with a total power of 2.7 MW for active heave-compensated winches onboard a Norwegian-built IMR ship. The delivery will take place in March 2012. Vacon and Norwegian winch manufacturer AXTech signed a contract for 17 liquid-cooled 690
China: ASD Tug POSH HUMILITY Finishes Sea Trials
On Oct.25th, 2011, the 32m ASD TUG named POSH HUMILITY (Hull No.YX3112) built by Yuexin Shipbuilding Company for Posh finished a successful sea trial. The speed reaches 12.34 knots and the ahead bollard pull reaches 64.5 T as well as the astern reaches 62.7 T. Applying the design of ROBERT ALLAN LTD
Denmark: DONG Energy 9 Months EBITDA Up Year-on-Year
The Board of Directors of DONG Energy has today approved the interim financial report for the first nine months of 2011 with the following outlook and key performance indicators compared with the first nine months of 2010: — EBITDA was DKK 11.7 billion, up from DKK 10.6 billion in the first nine mon