Scorpio Tankers announced that it has signed contracts with Hyundai Mipo Dockyard Co. Ltd. of South Korea to construct five 52,000 DWT product tankers for approximately $37.4 million each. These vessels will be the first to be delivered from the Hyundai Group with new propulsion technology including
TrialGraphix, a litigation consulting business unit of Kroll Ontrack specializing in jury consulting, graphic design, presentation technologies and trial preparation solutions, today announced the completion of its animation and graphic presentation work on the BP Deepwater Horizon oil spill. The Na
Odyssey Marine Exploration, Inc. has executed a charter agreement to utilize the Russian Research Vessel Yuzhmorgeologiya to conduct search operations for the SS Gairsoppa. The Gairsoppa was torpedoed by a German U-Boat in February 1941 while enlisted in the service of the United Kingdom Ministry of
Today, Maersk Line CEO, Eivind Kolding, addressed the container shipping and logistics industry as the keynote speaker at the TOC conference in Antwerp, Belgium. His message was clear and simple: If container shipping is to secure its licence to operate in the future, the industry needs to change no
Navis, a part of Cargotec Corporation, the global technology standard for managing the movement of cargo through terminals and DCT Gdansk, SA, today announced that Deep Water Container Terminal (DCT) Gdansk in Poland is implementing Navis SPARCS N4. The terminal operating system (TOS), scheduled to
Tideworks Technology®, Inc., a leading provider of full-service terminal management and planning software solutions, today announced that Luka Koper, the chief port and logistics company of Slovenia, has selected Tideworks to implement its comprehensive suite of terminal operating system (TOS) solut
Statoil Petroleum AS, operator of production licence 050B, is in the process of completing the drilling of wildcat well 34/10-53 A. The well has been drilled about five kilometres west of the Gullfaks Sør field, in the northern part of the North Sea. The well is a sidetrack from wildcat well 34/10-5
For the second time in a week, global marine terminal operator DP World welcomed and simultaneously handled two mega container vessels at its flagship Jebel Ali Port, reinforcing its relentless efforts and capability to continuously meet customers’ demands. The ships, MSC Beatrice and MSC Lauren, sa
Songa Offshore, Cyprus-based offshore drilling company, provides fleet update for May 2011. Songa Venus achieved operating efficiency of 100% during the operational part of the month. The rig completed the program for Total E&P in Australia May 29 and is currently underway to Labuan, Malaysia and is
Songa Offshore, Cyprus-based offshore drilling company, provides fleet update for May 2011. Songa Venus achieved operating efficiency of 100% during the operational part of the month. The rig completed the program for Total E&P in Australia May 29 and is currently underway to Labuan, Malaysia and is
BMT Scientific Marine Services is now in the process of patenting its ROV-serviceable Subsea Strain Sensor Assembly (SSSA). The company submitted application number 61416711 (currently pending with the United States Patent and Trademark Office) to patent its special ROV tool and alignment cage which
Liquid Robotics®, developer of the award-winning Wave Glider® self-powered hybrid sea-surface/underwater robotic vehicle, and cloud-based data service provider, has closed a Series D $22 million financing round led by VantagePoint Capital Partners, the company’s first institutional investor, togethe
Hess Corporation announced today that it has filed a Notice of Discovery with the Minister for Energy of Ghana for the Paradise-1 exploration well in the Deepwater Tano / Cape Three Points license, offshore Ghana. The well encountered an estimated 490 net feet of oil and gas condensate pay over thre
Dale Millward, head of subsea development at piping technology specialist, STATS Group, will speak at the 4th Pipe Tech World Summit in Rome. (June 6-8).The annual Pipe Tech event is attended by global experts in pipeline projects and technology, and features the latest methodology and solutions ava