News
Awilco Drilling Optimistic About Future (UK)
Awilco Drilling, an Aberdeen based owner of two semi-submersible drilling rigs, is encouraged by high demand and rising dayrates for semi-submersible rigs in UK. The drilling contractor, which owns WilPhoenix and WilHunter rigs, today reported profit after tax for the second quarter 2012 of USD 5.2
The Netherlands Could Fail to Reach Renewable Energy 2020 Target
Under the current policy the share of renewable energy in the Netherlands is set to rise from 4% in 2010 to 7-10% in 2020. Although this is a strong increase, it is not enough to achieve the European target of 14% by 2020. Even with the measures proposed by the Rutte government and the agreements [&
The Netherlands: Imtech Marine Receives Large Orders from FSG
Flensburger Schiffbau-Gesellschaft (FSG) relies even twice on the experience and expertise of Imtech Marine: Two contracts were signed in July for a Ro-Pax ferry for Caledonian Maritime Assets of Scottish Limited (CMAL) and for two offshore vessels for one of the leading seismic companies. Axel Roth
Turkey: ICDAS Port Takes Delivery of Z-Tech 6500 Class Tug
The Z-Tech™ 6500, ICDAS 19 has been successfully delivered to ICDAS Port Operations, by sister company, ICDAS Shipyards. This vessel was conceived, constructed and will be operated entirely in house under the parent company; ICDAS Celik Enerji Tersane ve Ulasim A.S, in Turkey. The Z-Tech™ 6500 is a
Russia: Baltiysky Zavod Shipyard Inks USD 1.2 Bln Icebreaker Contract
On the 23rd of August in Moscow on ROSATOM’s premises the signing of a contract for building of the pilot universal new generation nuclear icebreaker was held. The contract was signed by Director General of Rosatomflot and Acting Director General of Baltiysky Zavod in the presence of First Deputy Di
VIDEO: Greenpeace Climbs Aboard Gazprom’s Arctic Platform
Greenpeace activists have climbed aboard Gazprom-operated Prirazlomnaya offshore ice-resistant stationary platform at Prirazlomnoye field in the Pechora Sea, offshore Russia. The 6 activists from Germany, Finland, USA, Canada, Germany and South Africa are now anchored in place to the Arctic drilling
UK: A&P North East on Right Track
A&P North East recently welcomed a number of clients to their two facilities, one on the Tees near Middlesbrough and one on the Tyne near Newcastle. Among those visiting the Tyne yard were Van Oord, with their vessel Ham 601. Arriving towards the end of July for a short stay the vessel underwent str
The Netherlands: Damen to Launch 15 Stan Pontoons, Crane Barge
Damen is launching 15 Stan Pontoons (SPo) and a newly designed transshipment Crane Barge this week at its Chinese partner yards. Damen will deliver most pontoons to Dutch, UK and Russian clients, withholding a small number for itself in accordance with the company’s philosophy of ensuring short deli
FLEX LNG Posts 2Q Results (UK)
FLEX LNG announced that the Q2 2012 financial report was approved by the Board of Directors on 23 August 2012. In the first quarter the front-end engineering and design work for a potential project in Papua New Guinea was finalised, although subsequently no further progress has been made on this pro
Germany: Cathelco to Launch New Ballast Water Treatment System at SMM
Cathelco will launch its new ballast water treatment system at SMM Hamburg, giving visitors the opportunity to preview the equipment which is planned to enter the market in 2013. The Cathelco BWT system is based on a combination of filtration and UV technology, well established processes which are e
Incat Crowther Announces Launch of Sure Pride (Estonia)
Incat Crowther announces the launch of Sure Pride, a 19.5m Catamaran Wind Farm Service Vessel. Built by BLRT Marketex in Estonia, Sure Pride is the first in a series of four such vessels to be delivered to Sure Wind Marine. Sure Pride is Incat Crowther’s most flexible and capable WFSV yet, with dual
ADIK Successfully Completes SAT for Eight Vessel of LCT Project (Turkey)
ANADOLU Shipyard (ADIK) has successfully completed Sea Acceptance Tests (SAT) for the Eight Vessel of Landing Craft Tank (LCT) project undertaken for Turkish Navy. ADIK has already delivered the first seven vessels of the LCT project (TCG Ç-151; TCG Ç-152; TCG Ç-153; TCG Ç-154; TCG Ç-155; TCG Ç-156;
Premier Reports Record 1H Profit (UK)
Premier Oil, a UK based independent oil and gas exploration and production company has released its half year financial and operational results. The company has reported record profit before tax of US$194.6 million (2011: US$32.5 million) and profit after tax of US$145.8 million (2011: US$88.5 milli
EU Commission Clears LNG Bunkering JV
The European Commission said in a statement it has granted clearance under the EU Merger Regulation to the proposed acquisition of joint control of a newly created joint venture by Marquard & Bahls AG and Linde AG, all of Germany. M&B operates in oil trading, tank-terminal storage, aviation fuelling