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Business & Finance

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JV Canada’s Arctic SAGE Team to Bid for Design of CCG​’s New Icebreaker
Business & Finance

JV Canada’s Arctic SAGE Team to Bid for Design of CCG​’s New Icebreaker

One of Canada’s most storied naval architecture firms, Robert Allan Ltd., and Canada’s leading arctic and offshore engineering firm, Ausenco Sandwell, today announced they have formed a joint venture—Canada’s Arctic SAGE Team—to bid for the design of the Canadian Coast Guard​​’s new flagship icebrea

about 15 years ago
Aquamarine Power Secures GBP 3.4m Loan (UK)
Business & Finance

Aquamarine Power Secures GBP 3.4m Loan (UK)

Aquamarine Power, the pioneering wave energy company, has agreed a £3.4 million loan with Barclays Corporate in a deal that marks an important milestone for investment in the marine energy sector. The groundbreaking transaction is the first time a UK marine energy project has succeeded in securing b

about 15 years ago
Brazilian Mining Giant Vale Says Not Affected by COSCO Lease Disputes
Business & Finance

Brazilian Mining Giant Vale Says Not Affected by COSCO Lease Disputes

Brazilian mining giant Vale said it did not experience any lease dispute with shipping conglomerate China COSCO Holdings Co Ltd’s… By Silvia Antonioli(Reuters) [mappress] Source: Reuters, September 5, 2011.

about 15 years ago
Green Energy Policies Mean ‘More Pain Than Gain’, Says Dr John Constable (UK)
Business & Finance

Green Energy Policies Mean ‘More Pain Than Gain’, Says Dr John Constable (UK)

Green energy policies mean ‘more pain than gain’ for the UK, according to a new Civitas report ‘Green Mirage’ by Dr John Constable, director… (environmentalresearchweb) [mappress] Source: environmentalresearchweb, September 05, 2011

about 15 years ago
MSI Working for Maersk Oil, Offshore Angola
Business & Finance

MSI Working for Maersk Oil, Offshore Angola

MSI announced that it has successfully completed mobilisation of a current mooring, as well as a metocean buoy, for Maersk Oil Angola in Block 16 offshore Angola in approximately 1,200m water depth. The primary objective of the project is to collect site specific current, wave and meteorological dat

about 15 years ago
Norway: Dr. Vince Cable, Secretary of State for Business, Innovation and Skills, Visits Aker Solutions
Business & Finance

Norway: Dr. Vince Cable, Secretary of State for Business, Innovation and Skills, Visits Aker Solutions

Dr Vince Cable, Secretary of State for Business, Innovation and Skills, has visited Aker Solutions to find out more about the company’s grow… (SubseaUK) [mappress] Source: SubseaUK, Sptember 05, 2011;

about 15 years ago
China: Yuexin Shipyard Launches 32m ASD TUG
Business & Finance

China: Yuexin Shipyard Launches 32m ASD TUG

At 12:00am on 31th August 2011, a launching ceremony of 32M ASD TUG YX3132 which applies the design of ROBERT ALLAN LTD, was held in Yuexin Shipyard. The vessel measures 32m in length with a moulded breath of 5.36m and a moulded draft of 7.2m. Maximum draught is 5.81m. It can carry 205 m 3 […

about 15 years ago
China’s Oceanic Agency Not Satisfied with ConocoPhillips’ Work on Bohai Bay Oil Spill
Business & Finance

China’s Oceanic Agency Not Satisfied with ConocoPhillips’ Work on Bohai Bay Oil Spill

China’s oceanic agency has ordered ConocoPhillips China to do more to prevent and clean up offshore spills in the Bohai Bay that have raised… (seattletimes) [mappress] Source: seattletimes, Sptember 05, 2011;

about 15 years ago
USA: Halliburton Diverting Attention from Its Role in Macondo Incident, BP Says
Business & Finance

USA: Halliburton Diverting Attention from Its Role in Macondo Incident, BP Says

“BP is aware of the claims filed against the company on 1 September 2011 by Halliburton. The company is now reviewing the contents of the claims and until this is complete cannot comment in detail.”, Bp said on its website. ” However, BP believes this lawsuit is the latest attempt by Halliburton to

about 15 years ago
Mainstream Renewable Power Expects Profit by End of Next Year (China)
Business & Finance

Mainstream Renewable Power Expects Profit by End of Next Year (China)

Mainstream Renewable Power, the fast-growing green energy firm founded by Eddie O’Connor, is targeting a valuation of €1bn when it floats… By Nick Webb (independent) [mappress] Source: independent, September 05, 2011

about 15 years ago
SubC Control Makes Media Center Available (Canada)
Business & Finance

SubC Control Makes Media Center Available (Canada)

After a long development cycle, SubC Control media center is finally ready for real-world demanding applications. It has proven itself on a recently completed job with Subsea 7 in Newfoundland, Canada. In this application it was used to stream live video from one vessel to another. They have also up

about 15 years ago
DP World’s Terminal in Vietnam Gets Security Management System Certification
Business & Finance

DP World’s Terminal in Vietnam Gets Security Management System Certification

As part of its commitment to implement independently audited international supply chain security standards across its entire portfolio of terminals, global marine terminal operator DP World announced, September 4, that its Saigon Premier Container Terminal (SPCT) in Ho Chi Minh City, Vietnam, has su

about 15 years ago
Oman: Mawarid Mining Plans to Acquire Stake in Nautilus Minerals
Business & Finance

Oman: Mawarid Mining Plans to Acquire Stake in Nautilus Minerals

Oman’s biggest private mining firm, Mawarid Mining Company, a subsidiary of MB Holdings Company LLC, plans to acquire a stake in Canadian mi… (omanobserver) [mappress] Source: Oman Observer, Sptember 05, 2011;

about 15 years ago
Wave Hub off Hayle Set for Use Year After Installation (UK)
Business & Finance

Wave Hub off Hayle Set for Use Year After Installation (UK)

A £42m system designed to carry electricity from wave energy machines off Cornwall to the mainland has yet to be used, a year after installation. The wave hub, 10 miles off Hayle, is designed to allow companies to test their wave energy devices. Only one of the five wave energy companies originally

about 15 years ago
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