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Business & Finance

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Greece: Diana Shipping Announces Time Charter Contract for Its Capesize Dry Bulk Carrier
Business & Finance

Greece: Diana Shipping Announces Time Charter Contract for Its Capesize Dry Bulk Carrier

Diana Shipping Inc., a global shipping company specializing in the transportation of dry bulk cargoes, today announced that it has entered into a time charter contract with Morgan Stanley Capital Group Inc., for one of its Capesize dry bulk carriers, the m/v Boston, at a gross rate of US$14,000 per

about 15 years ago
Norway: Island Offshore Christens New SX121 Vessel
Business & Finance

Norway: Island Offshore Christens New SX121 Vessel

The offshore construction vessel, Island Intervention, of the SX121 design from ULSTEIN was named today. Shipowner Island Offshore has great expectations for the new vessel, which will carry out advanced operations in the Norwegian Sea this autumn. Island Offshore is a world leader within light well

about 15 years ago
Indonesia: Work on Thousand Island Underwater Cable Project to Finish this Year
Business & Finance

Indonesia: Work on Thousand Island Underwater Cable Project to Finish this Year

Underwater Cable Project in Thousand Island Administration Regency keep conducted by Jakarta Provincial Government. It is targeted that unde… (beritajakarta) [mappress] Source: beritajakarta, August 12, 2011;

about 15 years ago
UK: BAM Nuttall Bags Port of Dover Pier Construction Contract
Business & Finance

UK: BAM Nuttall Bags Port of Dover Pier Construction Contract

BAM Nuttall has won contract for Pier construction work at Dover Port. Extension of pier A, Eastern Docks, Installation of fendered monopile and piled deck extension to existing pier to accomodate vessels of greater length. Contract was awarded on 28th July, 2011 in Restricted Tendering Procedure. V

about 15 years ago
Van Oord Contracts Sietas for Commissioning of “Stornes” (Germany)
Business & Finance

Van Oord Contracts Sietas for Commissioning of “Stornes” (Germany)

Van Oord, the renowned, globally operating dredging, marine and offshore contractor from the Netherlands has engaged the Sietas shipyard in Hamburg for the final fitting-out and commissioning of its new flexible fallpipe vessel, “Stornes”. This special offshore vessel was transferred to the port of

about 15 years ago
China: NWS Holdings Disposes of New World First Ferry, Macau
Business & Finance

China: NWS Holdings Disposes of New World First Ferry, Macau

NWS Holdings Limited today announced that New World First Holdings Limited which is jointly owned 50-50 by Chow Tai Fook Enterprises Limited and NWS Holdings has entered into a sale and purchase agreement with Shun Tak – China Travel Shipping Investments Limited (“STCTS”) to dispose of all shares in

about 15 years ago
Fiji: Nautilus Minerals Grants 14 Offshore Expoloration Licences
Business & Finance

Fiji: Nautilus Minerals Grants 14 Offshore Expoloration Licences

Nautilus Minerals Inc has become the first private sector organisation to be granted offshore exploration licences in Fiji. The Fijian Government has granted the company 14 special prospecting licences, covering a total of approximately 60,000 km2. The territory is considered highly prospective, hav

about 15 years ago
Fugro’s Sealion 4 ROV Uncontrollably Roams Through North Sea (UK)
Business & Finance

Fugro’s Sealion 4 ROV Uncontrollably Roams Through North Sea (UK)

Skippers were yesterday warned to watch out for a runaway mini submarine that could be roaming the North Sea at high speed… (dailyrecord) [mappress] Source: dailyrecord, August 12, 2011;

about 15 years ago
African Petroleum Spuds First Well Offshore Liberia
Business & Finance

African Petroleum Spuds First Well Offshore Liberia

African Petroleum Corporation Limited commenced drilling its first exploration well in Liberia on 8 August 2011 with the Maersk Deliverer semi-submersible deepwater drilling rig. The Company has a 100% interest in Blocks LB-08 and LB-09 and is fully funded for a further 5 additional exploration well

about 15 years ago
Bahamas Petroleum CEO Resigns for Personal Reasons
Business & Finance

Bahamas Petroleum CEO Resigns for Personal Reasons

Bahamas Petroleum, the oil and gas exploration company with offshore license permits in The Commonwealth of The Bahamas, announces that Dr Paul Crevello, Chief Executive Officer, has resigned with immediate effect for personal reasons. Following this resignation, Alan Burns, Non-Executive Chairman a

about 15 years ago
Bahamas Petroleum CEO Resigns for Personal Reasons
Business & Finance

Bahamas Petroleum CEO Resigns for Personal Reasons

Bahamas Petroleum, the oil and gas exploration company with offshore license permits in The Commonwealth of The Bahamas, announces that Dr Paul Crevello, Chief Executive Officer, has resigned with immediate effect for personal reasons. Following this resignation, Alan Burns, Non-Executive Chairman a

about 15 years ago
Australia: Protean Energy to Install Its First Wave Energy Conversion Platform North of Geraldton
Business & Finance

Australia: Protean Energy to Install Its First Wave Energy Conversion Platform North of Geraldton

WAVE energy projects are gaining a groundswell of interest, with locally designed technology starting to deliver stable power to the grid… (smh) [mappress] Source: smh, August 12, 2011;

about 15 years ago
UK: World Container Terminal Ownership Ranking
Business & Finance

UK: World Container Terminal Ownership Ranking

In this year’s ‘Global Container Terminal Operators’ annual report, Drewry Maritime Research has introduced an additional ranking of terminal operators which includes SIPG, China Merchants​, Modern Terminals and Ports America in the Top 10. The Drewry World Container Terminal Ownership Ranking has b

about 15 years ago
Norway: Solstad Offshore Signs LOI with Subsea 7 for CSV Normand Oceanic Chartering
Business & Finance

Norway: Solstad Offshore Signs LOI with Subsea 7 for CSV Normand Oceanic Chartering

Solstad Offshore ASA (SOFF) have signed a Letter of Intent (LOI) with Subsea 7 for hire of SOFF’s offshore construction and support vessel (CSV) “Normand Oceanic”. The agreement is for a firm charter period of 3 years with 3 x 1 year option. Commencement is currently expected to be April 2012. The c

about 15 years ago
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