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Business & Finance

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Paris MoU, Tokyo MoU To Begin Joint Concentrated Inspection Campaign
Business & Finance

Paris MoU, Tokyo MoU To Begin Joint Concentrated Inspection Campaign

The 45 Maritime Authorities of the Paris and the Tokyo Memoranda on Port State Control will begin a joint concentrated inspection campaign with the purpose to ensure compliance with structural safety and the Load Line Convention. This inspection campaign will be held for 3 months, ending on 30 Novem

about 15 years ago
APM Terminals Proposes Solutions to Indonesia’s Infrastructure Challenges
Business & Finance

APM Terminals Proposes Solutions to Indonesia’s Infrastructure Challenges

Addressing the Indonesia International Conference- Focus On Indonesian Economy 2011, APM Terminals Asia-Pacific Regional Director of Portfolio Management, Michael Lund Hansen, noted the impressive recent growth of the Indonesian economy, but cautioned on the need for port and inland infrastructure t

about 15 years ago
Nautilus to Explore Black, Aegean and Mediterranean Seas and Atlantic Ocean (USA)
Business & Finance

Nautilus to Explore Black, Aegean and Mediterranean Seas and Atlantic Ocean (USA)

Dan Davis, Luther College visiting assistant professor of classical archaeology, recently began a four-month research expedition aboard the… (luthercollege) [mappress] Source: luthercollege, July 22, 2011;

about 15 years ago
Indonesia: INPEX Transfers 30 pct of Masela Block Interest to Shell
Business & Finance

Indonesia: INPEX Transfers 30 pct of Masela Block Interest to Shell

INPEX CORPORATION (INPEX) announced today that its affiliate INPEX Masela, Ltd. (INPEX Masela) has signed an agreement with Shell Upstream Overseas Services (I) Limited a subsidiary of Royal Dutch Shell plc (“Shell”), to transfer a 30% participating interest in the Masela Block, the Arafura Sea, Ind

about 15 years ago
DP World Expands into Suriname
Business & Finance

DP World Expands into Suriname

Global Marine terminal operator DP World Limited announced today that it has expanded its portfolio to Suriname on the northeast coast of South America, acquiring a controlling interest in both Integra Port Services (‘IPS’), the Company holding a concession for a container and break-bulk terminal wi

about 15 years ago
Emerald Atlantis Limited and TE SubCom to Lay Trans-Atlantic Cable System (USA)
Business & Finance

Emerald Atlantis Limited and TE SubCom to Lay Trans-Atlantic Cable System (USA)

Emerald Atlantis Limited and TE SubCom, a TE Connectivity Ltd. company and an industry pioneer in undersea communications technology announced the finalization of an Instruction to Proceed to build the Emerald Express Trans-Atlantic Cable System. The first phase will provide both low-latency and ult

about 15 years ago
DP World Expands into Suriname
Business & Finance

DP World Expands into Suriname

Global Marine terminal operator DP World Limited announced today that it has expanded its portfolio to Suriname on the northeast coast of South America, acquiring a controlling interest in both Integra Port Services (‘IPS’), the Company holding a concession for a container and break-bulk terminal wi

about 15 years ago
Emerald Atlantis Limited and TE SubCom to Lay Trans-Atlantic Cable System (USA)
Business & Finance

Emerald Atlantis Limited and TE SubCom to Lay Trans-Atlantic Cable System (USA)

Emerald Atlantis Limited and TE SubCom, a TE Connectivity Ltd. company and an industry pioneer in undersea communications technology announced the finalization of an Instruction to Proceed to build the Emerald Express Trans-Atlantic Cable System. The first phase will provide both low-latency and ult

about 15 years ago
Isle of Wight Council Submits GBP 1.2m Bid for Tidal Energy Centre (UK)
Business & Finance

Isle of Wight Council Submits GBP 1.2m Bid for Tidal Energy Centre (UK)

A TIDAL energy centre off the Island’s coastline could go ahead after all, if a new bid for government funding proves successful. Following the rejection of an earlier bid for £20million in regional growth funding, to create a tidal-powered Solent Ocean Energy Centre (SOEC) off the south coast of th

about 15 years ago
Isle of Wight Council Submits GBP 1.2m Bid for Tidal Energy Centre (UK)
Business & Finance

Isle of Wight Council Submits GBP 1.2m Bid for Tidal Energy Centre (UK)

A TIDAL energy centre off the Island’s coastline could go ahead after all, if a new bid for government funding proves successful. Following the rejection of an earlier bid for £20million in regional growth funding, to create a tidal-powered Solent Ocean Energy Centre (SOEC) off the south coast of th

about 15 years ago
Spanish Navy’s First BAM Amphibious Action Ship Successfully Completes Sea Trials
Business & Finance

Spanish Navy’s First BAM Amphibious Action Ship Successfully Completes Sea Trials

The first unit of Maritime Action Ship (BAM), “Meteoro”, for the Spanish Navy has successfully finalized the last sea trials, prior to her commissioning on 28th. July. These sea trials have taken place on 17th. and 18th. July, in order to test the perfect performance of the platform and combat syste

about 15 years ago
USA: CB&I Reports Net Income of USD 61.9 Million
Business & Finance

USA: CB&I Reports Net Income of USD 61.9 Million

CB&I today reported net income of $61.9 million, or $0.62 per diluted share, for the second quarter of 2011. Revenue for the quarter was $1.1 billion. New awards for the second quarter totaled $1.2 billion, including a gas processing plant in the northeastern U.S., an engineering contract for an off

about 15 years ago
Chevron: GLCC Technology Boosts Production from Takula Field, Offshore Angola
Business & Finance

Chevron: GLCC Technology Boosts Production from Takula Field, Offshore Angola

For decades, the Takula Field offshore Angola has been one of Chevron’s best producers in southern Africa. But through the innovative modeling and implementation of a gas liquid cylindrical cyclone (GLCC), those results got even better: Oil production rates increased by approximately 2,100 barrels o

about 15 years ago
Vanco Buys Stake in SL-5-11 Offshore Block in Sierra Leone
Business & Finance

Vanco Buys Stake in SL-5-11 Offshore Block in Sierra Leone

Vanco has agreed to acquire from Oranto Petroleum Ltd. a 21% stake in the Petroleum Agreement for SL-5-11 Offshore Block in the Republic of Sierra Leone (West Africa), subject to customary conditions precedent. The Petroleum Agreement for SL-5-11 provides for the drilling of one exploration well bef

about 15 years ago
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