Green Marine
OSD-IMT Presents New Design, the IMT972 SOV
Based on the outcome of four years of extensive discussions with wind farm developers, operators and maintenance companies, OSD-IMT has developed innovative new design of offshore wind farm service operation vessel, the IMT972 SOV. The design fulfills the operational demands of the wind farm mainten
Intesa Sanpaolo and VEI Capital Invest in RINA S.p.A.
Intesa Sanpaolo – through the Merchant Banking Management of its Corporate and Investment Banking Division – and VEI Capital – investment company of Palladio Finanziaria in the Private Equity Mid-Cap segment – have agreed to buy a stake in RINA S.p.A., parent company of the RINA Group. The initial 2
McDermott to Operate Hartlepool Spoolbase
McDermott International, Inc., through one of its subsidiaries, has signed an option agreement with PD Ports which gives it the exclusive right to operate a spoolbase to serve projects in the North Sea. McDermott expects to have the facility available for projects in early 2015. Located in Hartlepoo
EU Sets Up Sustainable Fishing Model
Operating rules for European Maritime and Fisheries Fund (EMFF) aid to help fishermen to comply with new Common Fisheries Policy (CFP) requirements were endorsed by the Parliament on Wednesday. EMFF aid will help fishermen to observe the discard ban, e.g. by buying more selective fishing gear, but w
WireCo Takes Majority Stake in Dutch Endenburg
WireCo WorldGroup Inc. (WireCo), producer and marketer of specialty steel wire ropes and high performance synthetic ropes, has acquired the majority of assets of Endenburg B.V. (Gouda), a Netherlands based company. As part of the agreement, WireCo will establish a crane rope distribution center at t
Maritime Training Centre Opened in Amsterdam
After MAAP in the Philippines and Jaheziya in Abu Dhabi, MTC Amsterdam is the third center to become accredited with the support of MTC International. MTC International globally supports safety training centers and their clients, mainly active in offshore, shipping and renewable energy. Centers prof
Hapag-Lloyd and CSAV Join Forces
Hapag-Lloyd AG and Compañía Sud Americana de Vapores (CSAV) have signed a binding contract on merging CSAV’s entire container business with Hapag-Lloyd. Following the integration, the new Hapag-Lloyd will rank among the four largest liner shipping companies in the world, with some 200 vessels with t
OneSubsea Orders AOG Equipment
Airborne Oil & Gas (AOG) has secured an order for multiple flexible risers and jumpers from OneSubsea™. Applying the Thermoplastic Composite Pipe (TCP) concept, the flexible risers and jumpers will be used for acid stimulation, injecting stimulation fluids into subsea wells. The smooth bore TCP conc
MEPs Reject to Monitor NOx Emissions from Shipping
Today MEPs voted to reject a proposal to monitor nitrogen oxides (NOx) emissions from shipping, which is set to overtake all land-based sources by 2020. Transport & Environment says EU governments must not waste this unique opportunity to monitor two of the most harmful air pollutants, NOx and sulph
Denmark Ratifies Wreck-Removal Convention
The Nairobi International Convention on the Removal of Wrecks will enter into force on 14 April 2015 following the deposit, on 14 April 2014, of an instrument of ratification by Denmark, with the International Maritime Organization (IMO). Among several provisions, the convention will place financial
Antwerp Port Readies 96-Hectare Opel Site for Investors
Antwerp Port Authority is about to purchase location of the former General Motors production plant, the Opel site. The Port Authority plans to develop the entire 96-hectare site so as to attract manufacturing industry in the heart of this vast maritime complex. Both the size of the site and its loca
Saipem Nets Two FPSO Contracts Worth Over $4 Bln
Saipem has been awarded two contracts in Angola by Total, for a combined total of more than $4 billion. The main contract is worth more than $3 billion, and is an EPCI for the engineering, procurement, installation and commissioning of two converted turret-moored Floating Production Storage and Offl
Efficiency Improvements Pay Off for Maersk Line
Maersk Line has published its Sustainability Progress Update for 2013, showing a 3.8 million tonnes CO2 reduction in a year where the business grew 4.1%. “2013 was a good year for Maersk Line – financially as well as in terms of our sustainability performance” says Søren Skou, CEO of Maersk Line. “O
HMAS Darwin Performs Medical Evacuation of Sick French Fisherman
While patrolling in the Indian Ocean off the coast of Africa, Royal Australian Navy ship HMAS Darwin provided emergency medical assistance for a heart attack victim on a French fishing vessel. The French Fishing Vessel (FV) Cape Saint Vincent called for assistance late on the night of the 10th of Ap