TTS Group ASA have today entered into an agreement to sell its drilling equipment business, a part of TTS Energy divison, and relevant subsidiaries, to Cameron International Corporation for USD 270 million, plus a turnover based earn-out model for a three-year period. Offshore Handling (cranes and w
In March a serious accident occurred during a MOB-boat drill on board ANNA MAERSK. The Danish Maritime Accident Investigation Branch is investigating the accident. At this stage nothing precise can be said about the causes and the contributing factors. The Danish Maritime Authority point out that bo
UK Engineering company Houlder’s Turbine Access System® is being showcased at the Department for Business, Innovation and Skills (BIS) today, and for the next fortnight, to highlight its contribution to the UK Marine Industry. Held in association with the UK Marine Industries Alliance ‘Marine Manufa
As reported by Maritime-Executive, the Saga Sapphire liner failed to complete its 16- day journey due to unpredicted engine troubles. The newest ship of the UK based Saga Cruises’ was acquired late last year having been subjected to an extensive, four-month-long overhaul. She was carrying passengers
Danish shipping magnate Maersk McKinney Moller of the conglomerate AP Moller-Maersk Group has died at age 98, the company said on Monday. Ane Mærsk Mc-Kinney Uggla states: “On behalf of the entire family, I wish to express our deep sorrow at the loss of our father, grandfather and great grandfather,
Seawork International, the commercial marine industry exhibition and conference, will open for its 15th year in the ABP Port of Southampton on Tuesday 22 May. This year’s exhibition reflects the impact of accelerating offshore renewable energy development on the commercial marine industry, with new
As regulation slowly and painfully filters down the private maritime security industry, a “proliferation” of new firms from emerging countries is inevitable and British PMSCs will price themselves out of the market, according to Norton Rose partner Philip Roche. The big question, Mr Roche said, is w
Cosalt Offshore, a provider of lifting, tooling and maritime services to the oil and gas industry, has been recognised by the British Safety Council for its dedication to improving health and safety in the workplace. Cosalt Offshore attained a merit level award after receiving a near perfect 59 poin
The Danish Maritime Authority’s annual report for 2011 has just been published. Secretary General of the Danish Maritime Authority Andreas Nordseth says: “2011 was the year when the efforts made by the Danish Maritime Authority for many years to reduce CO2 emissions from ships bore fruit with the IM
A contract has been awarded to Kongsberg Maritime Ltd to conduct underwater noise studies for an offshore renewables project that could eventually lead to 400MW being installed in the Inner Sound of the Pentland Firth. The contract, awarded by MeyGen Limited, will involve Kongsberg Maritime Ltd cond
Statoil is awarding Aker Solutions a contract today for hiring of an entirely new type of rig which represents an important technological advance for the industry. The category B rig will be an important contribution towards increasing recovery from existing fields. Development of technology for inc
P&O Maritime has successfully secured a 37 day charter, which began in February, for the Research Vessel Prince Madog with Osiris Projects. This contract saw the Prince Madog engaging in its first hydrographic survey which utilised the recently installed RESON 7125 multi-beam echo-sounder system. Os
Blue Water Shipping has just been awarded the extremely challenging task of providing logistics for materials and equipment to China and Brazil, where the conversion of the FPSO ” Cidade de Ilhabela” will take place over the next two years. The FPSO is being converted from a tank vessel which is 400
A new direct deep sea service to the Far East for Swedish import and export industry has been announced. The new service will include a weekly call to the Port of Gothenburg, commencing on April 18. Claes Sundmark, Sales Director at the Port of Gothenburg said: “We have worked for several years to a
