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Business & Finance

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First Europe-based Assessment of Container Freight Rates ‘World Container Index’ Goes Live
Business & Finance

First Europe-based Assessment of Container Freight Rates ‘World Container Index’ Goes Live

The World Container Index, the first Europe-based assessment of container freight rates, has gone live on schedule (on September 1, 2011), ushering in a new era of price discovery and risk management solutions in the container freight market. The first published World Container Index freight rates s

about 15 years ago
China: Yuexin Shipyard Holds Keel-Laying Ceremony for 58.7m AHTS Vessel
Business & Finance

China: Yuexin Shipyard Holds Keel-Laying Ceremony for 58.7m AHTS Vessel

On Sep. 3, 2011, the keel-laying ceremony of Yuexin’s 58.7m AHTS Vessel YX3157 built for MARTENS MARINE Company was held in No.at 1# dock in Yuexin shipyard. YX3157 is built to ABS Class notation which includes Al “OFFSHORE SUPPORT VESSEL, AH, TOWING VESSEL, FIRE FIGHTING VESSEL CLASS 1”, AMS DPS-1.

about 15 years ago
BAE Systems Upgrades Australian Facility to Support Oil and Gas Market Expansion
Business & Finance

BAE Systems Upgrades Australian Facility to Support Oil and Gas Market Expansion

BAE Systems will upgrade its waterfront facilities in Western Australia to deliver new services supporting Australia’s offshore oil and gas operations. The company will invest more than AUD $8 million in its Henderson, WA, facility. Phase one of the upgrade will facilitate an increased range of comm

about 15 years ago
Bolt Technology Announces Record Underwater Robotic Vehicle Sales Orders (USA)
Business & Finance

Bolt Technology Announces Record Underwater Robotic Vehicle Sales Orders (USA)

Bolt Technology Corporation announced that its subsidiary, SeaBotix Inc. of San Diego, California, received record sales orders during August, 2011. The orders are in excess of $3,500,000 and include an initial contract to supply fifteen (15) specialized underwater robotic vehicles to the United Sta

about 15 years ago
UK: Wood Group PSN Bringing 150 New Jobs
Business & Finance

UK: Wood Group PSN Bringing 150 New Jobs

Wood Group PSN, an energy services company, is to bring an engineering jobs boost to Cheshire. The company, headquartered in Aberdeen, plans to increase staff numbers following a string of North Sea contract wins. Wood Group PSN is set to create upwards of 150 jobs, doubling the size of its existing

about 15 years ago
DNV Opens New Office in Jiangsu Province, China
Business & Finance

DNV Opens New Office in Jiangsu Province, China

DNV has opened a new office in Jiangyin, Jiangsu Province. This new development strengthens DNV’s continuous commitment to supporting China’s rapidly developing economy. “The setup of a new office in Jiangyin is in line with our continuous strategy in China– to provide local support to our customers

about 15 years ago
Havyard Expands Management Team with New Appointments (Norway)
Business & Finance

Havyard Expands Management Team with New Appointments (Norway)

1st of September Per-Jan Brekke joined Havyard Group as Public Relations Manager, and the same day Gisle Vinjevoll Thrane started as Sales Manager for Havyard Global Solutions. Per-Jan Brekke is 48 years old and comes from the position as sports editor at the newspaper Drammen Tidende. Per-Jan is or

about 15 years ago
UAE: Technip, NPCC Win USD 500 Million Satah Field Deal
Business & Finance

UAE: Technip, NPCC Win USD 500 Million Satah Field Deal

Technip in consortium with NPCC(1), was awarded by ZADCO(2) an engineering, procurement and construction lump sum contract, worth a total of approximately $500 million (Technip part of the contract: 35%), for the Satah Full Field Development project. This field is located 200 kilometers northwest of

about 15 years ago
Philippines: Galoc Joint Venture Approves FEED and 3D Seismic Survey for Phase II Field Development
Business & Finance

Philippines: Galoc Joint Venture Approves FEED and 3D Seismic Survey for Phase II Field Development

The Galoc Production Company (“GPC”), operator of the Galoc oil field offshore Palawan in the Philippines, advises that the Galoc Joint Venture has approved the commencement of Front End Engineering and Design (FEED) in support of the planned Phase II development of the field and the acquisition of

about 15 years ago
Australia: Clough Signs Ichthys Contract
Business & Finance

Australia: Clough Signs Ichthys Contract

Engineering and construction company Clough Limited today announced the execution of a binding contract between the Ichthys Joint Venture and Clough DORIS Joint Venture, for the Ichthys LNG Project Offshore Integrated Project Management Support Services (IPMS), which has a limitation on spending unt

about 15 years ago
Canada Steamship Lines Doubles New Vessel Order
Business & Finance

Canada Steamship Lines Doubles New Vessel Order

Canada Steamship Lines (CSL) announced today it is exercising its option for the building of two new self-unloading vessels, bringing to four the number of ships on order in its major fleet-renewal program. The Montreal-based Great Lakes-Seaway carrier has two self-unloading Lakers currently under c

about 15 years ago
UK: Viking Moorings Inks Two-Year Agreement with Deep Sea Anchors
Business & Finance

UK: Viking Moorings Inks Two-Year Agreement with Deep Sea Anchors

Viking Moorings, a provider of total mooring solutions to the offshore oil and gas industry, announced that it has signed a two-year agreement with Norwegian company, Deep Sea Anchors (DSA) AS to supply its industry leading deep water ‘torpedo’ anchors to mooring installations worldwide. The announc

about 15 years ago
Fugro Starts Zeus 3D Seismic Survey, Offshore Australia
Business & Finance

Fugro Starts Zeus 3D Seismic Survey, Offshore Australia

MEO Australia Limited advises that Fugro Multi Client Services Pty Ltd commenced acquisition of the Zeus 3D Marine Seismic Survey on 6th September 2011. The 3D survey over WA-361-P is part of a 1,318 km2 multi-client survey to be acquired utilising the ‘M/V Seisquest’. The WA-361-P Joint Venture has

about 15 years ago
The Netherlands: Imtech Scores Increase in Number of Marine Service and Maintenance Contracts
Business & Finance

The Netherlands: Imtech Scores Increase in Number of Marine Service and Maintenance Contracts

Imtech (technical services provider in Europe and on the global marine market) is observing a substantial increase in the number of marine service and maintenance contracts managed by Imtech. Recently Imtech signed a new global partnership agreement for 350 vessels operated by an international ship

about 15 years ago
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