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Business & Finance

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Naming Ceremony for Greek’s Bulk Carrier Takes Place at Dalian Shipyard
Business & Finance

Naming Ceremony for Greek’s Bulk Carrier Takes Place at Dalian Shipyard

The second 80,000DWT bulk carrier N225, being built for the Greek owner Chartworld Shipping Corporation, was named DIANE by godmother Ms. Ingrid Papadakis in COSCO Dalian Shipyard on August 8. Mr. Antonis Stamos Faraklas, CEO of Chartworld Shipping Corp, Mr. Gong Libing, Party Secretary of COSCO Dal

about 15 years ago
Norway: Dolphin Geophysical Secures 3D Seismic Contract Extension for Polar Duke
Business & Finance

Norway: Dolphin Geophysical Secures 3D Seismic Contract Extension for Polar Duke

Dolphin Geophysical and TGS have entered into an agreement for the M/V Polar Duke to acquire 1,500 sq. km of 3D seismic data in the Barents Sea. The award follows successful Barents Sea operation to date for TGS. The extension will meet the increased demand for seismic data in the region. Dolphin Gr

about 15 years ago
USA: NOAA Demonstrates Success of Multibeam Sonar in Mapping Deep-Sea Gas Seeps
Business & Finance

USA: NOAA Demonstrates Success of Multibeam Sonar in Mapping Deep-Sea Gas Seeps

Multibeam sonar, an echo sounding technology commonly used to map the seafloor, can also be used to map and detect gaseous seeps in the water column, according to scientists testing the technology on board NOAA Ship Okeanos Explorer last week in the Gulf of Mexico. Unlike other types of sonar, multi

about 15 years ago
Greece: Globus Maritime Adds Dry Bulk Carrier MV ‘Sun Globe’ to Its Fleet
Business & Finance

Greece: Globus Maritime Adds Dry Bulk Carrier MV ‘Sun Globe’ to Its Fleet

Globus Maritime Limited, a dry bulk shipping company, announced that it has taken delivery of the M/V “Sun Globe”, a 2007-built Supramax dry bulk carrier it acquired for a purchase price of $30.3 million, which the Company had previously announced in March 2011. The M/V “Sun Globe” was built at the

about 15 years ago
Earthquake Strikes Off Alaska’s Aleutian Islands (USA)
Business & Finance

Earthquake Strikes Off Alaska’s Aleutian Islands (USA)

A powerful earthquake measuring 6.1 on the Richter Scale has struck off Alaska’s remote Aleutian Islands on Wednesday morning, according to… RTT News [mappress] Source: RTT News, September 15, 2011;

about 15 years ago
Norway: Spectrum Acquires 2D Marine Multi-Client Library from CGGVeritas. Doubles it Portfolio
Business & Finance

Norway: Spectrum Acquires 2D Marine Multi-Client Library from CGGVeritas. Doubles it Portfolio

Spectrum has completed the purchase of the Marine 2D Multi-Client library of CGGVeritas effectively doubling their Multi-Client portfolio. This conclusion follows endorsement by the Board Members and shareholders of both companies and the completion of a US$40 million transaction. The combined size

about 15 years ago
USA: Horizon Lines Gets Award for Service Excellence and Environmental Sustainability
Business & Finance

USA: Horizon Lines Gets Award for Service Excellence and Environmental Sustainability

Horizon Lines, Inc., has been awarded the 2011 Quest for Quality Award from Logistics Management magazine and named a top Green Supply Chain Partner from Inbound Logistics magazine. For nearly three decades, Logistics Management’s Quest for Quality award has been regarded in the transportation and l

about 15 years ago
Norway: Spectrum Completes Purchase of 2D Marine Multi-Client Library from CGGVeritas
Business & Finance

Norway: Spectrum Completes Purchase of 2D Marine Multi-Client Library from CGGVeritas

Spectrum has completed the purchase of the Marine 2D Multi-Client library of CGGVeritas effectively doubling their Multi-Client portfolio. This conclusion follows endorsement by the Board Members and shareholders of both companies and the completion of a US$40 million transaction. The combined size

about 15 years ago
UAE: ADPC Starts Construction of Two New 32 m Escort Tugboats
Business & Finance

UAE: ADPC Starts Construction of Two New 32 m Escort Tugboats

ADPC has celebrated the keel laying ceremony for two new 32 metre escort tugboats specially designed for marine services at the new Khalifa Port. The new escort tugboats will be manufactured by Grandweld, a UAE-based shipbuilding, ship repair and conversion specialist, which was chosen after a close

about 15 years ago
The Netherlands: IHC Merwede Rents Out First IHC Beaver Dredger
Business & Finance

The Netherlands: IHC Merwede Rents Out First IHC Beaver Dredger

IHC Merwede has entered the international rental market with its standard IHC Beaver® dredgers and DMC work boats. The company has identified a demand in the market for vessels and equipment that may only be used for a relatively short period of time. In August, the first dredger – an IHC Beaver® 40

about 15 years ago
RLC, Gulf of Mexico Helicopter Operator Appoints New CEO
Business & Finance

RLC, Gulf of Mexico Helicopter Operator Appoints New CEO

Today RLC, the largest privately-held helicopter operator in the Gulf of Mexico, announced the appointment of Dru Milke as CEO of RLC. Milke brings RLC a wealth of domestic and international management experience and a proven track record in both the offshore rotorcraft services and oil and gas indu

about 15 years ago
Tocardo Plans to Deploy Tidal Turbines in Tay Estuary (UK)
Business & Finance

Tocardo Plans to Deploy Tidal Turbines in Tay Estuary (UK)

Tocardo BV is in negotiations with Marine Scotland over siting 20 turbines in the Tay estuary… (thecourier) [mappress] Source: thecourier, September 15, 2011;

about 15 years ago
Germany: Nordic Yards Brings BorWin Platform to Dock
Business & Finance

Germany: Nordic Yards Brings BorWin Platform to Dock

Today, Nordic Yards, manufacturer of technologically sophisticated and innovative special ships and maritime structures, brought BorWin beta to dock. It is the first self-erecting offshore transformer platform to be built in Germany. The power converter, which will contain accommodation units in add

about 15 years ago
Norway: Statoil, Partners to Invest USD 1.9 Billion in Troll A
Business & Finance

Norway: Statoil, Partners to Invest USD 1.9 Billion in Troll A

Statoil and its partners in the Troll licence have decided to invest NOK 11 billion (approximately USD 1.9 Billion) in two new compressors on Troll A. The compressors will enable the production of gas from the field all the way until 2063. The two new compressors form the final phase of the planned

about 15 years ago
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