IBERDROLA today placed a €600 million issue of 4-year eurobonds maturing in January 2016, thereby reopening the Spanish market for private debt as conditions improve following the summer volatility. The operation, placed among 300 investors from 15 countries, was well oversubscribed with demand tota
Leighton Holdings Limited today announced that its subsidiary Leighton Offshore had been awarded a major contract by Iraq’s South Oil Company. The US$518 million contract forms part of the Crude Oil Export Facility Reconstruction Project (the “Sea Line Project”), which is financed and supported thro
Mitsubishi Heavy Industries, Ltd has developed a new bulk carrier which will enable reductions in CO2 emissions by about 25% compared with conventional averaged bulk carriers. As the first commercial application of the new design, MHI will provide its conceptual design and green technologies to thre
Leighton Holdings Limited today announced that its subsidiary Leighton Offshore had been awarded a major contract by Iraq’s South Oil Company. The US$518 million contract forms part of the Crude Oil Export Facility Reconstruction Project (the “Sea Line Project”), which is financed and supported thro
Aberdeen Harbour Board has been recognised for its major contribution to the North-east economy as it received the Lifetime Achievement Award at this year’s Northern Star Business Awards. The accolade was presented to Aberdeen Harbour Board chairman, Chris Lloyd and chief executive Colin Parker, by
Leighton Offshore today announced the award of an additional Single Point Mooring (SPM) contract by Iraq’s South Oil Company (SOC). The SPM contract worth US $79.85m is in addition to the $799m Phase 1 Iraq Crude Oil Export Expansion Project (ICOEEP) scope currently underway. The work will be undert
Fairstar Heavy Transport N.V. (FAIR) released its third quarter results to the market. During the quarter Fairstar was awarded over USD 40 million in new contracts for marine transportation services in the next two years. Fairstar now has contracts in place totalling over USD 220 million in total va
Dockwise Ltd. today announces its second project for the new-build vessel Dockwise Vanguard. Directly following the transportation of the Jack & St. Malo platform to the Gulf of Mexico in 2013, the Dockwise Vanguard will return to Korea to load and transport the Goliat floating, production, storage
Dockwise Ltd. today announces its second project for the new-build vessel Dockwise Vanguard. Directly following the transportation of the Jack & St. Malo platform to the Gulf of Mexico in 2013, the Dockwise Vanguard will return to Korea to load and transport the Goliat floating, production, storage
Diamond S Shipping announced today that it has completed the acquisition of 30 medium-range product tankers and related charters from Cido Shipping of Hong Kong. The product tankers, built between 2007 and 2010, are under long-term charters with a number of global shipping companies, including A.P.
NOAA’s National Centers for Coastal Ocean Science has awarded $998,703 to the University of Miami to investigate how the deep coral reefs of Pulley Ridge may replenish key fish species and other organisms in the downstream reefs of the Florida Keys National Marine Sanctuary and Tortugas Ecological P
Archer Daniels Midland Company has placed an order with Japan’s Sumitomo Corporation for the construction of three new post-Panamax dry-bulk oceangoing vessels, which will increase the size of ADM’s oceangoing fleet to 11 vessels. The post-Panamax dry-bulk carriers will have a deadweight of approxi
Navingo BV, organizer of Offshore Energy 2011, looks back at a very successful edition of Offshore Energy in the Amsterdam RAI. 5121 unique visitors1 (compared to 4026 in 2010) with over 30 nationalities from all over the world, like Belgium, Germany, France, Spain, Denmark, Italy, the United States
Navingo BV, organizer of Offshore Energy 2011, looks back at a very successful edition of Offshore Energy in the Amsterdam RAI. 5121 unique visitors1 (compared to 4026 in 2010) with over 30 nationalities from all over the world, like Belgium, Germany, France, Spain, Denmark, Italy, the United States
