Acta Marine has recently upgraded the functionality of its Ultra Shallow Support Vessel “Coastal Enterprise” with Dynamic Positioning. This system allows the Coastal Enterprise to automatically maintain its position and heading by using only its own propellers and thrusters. Coastal Enterprise is th
Leading international classification society Bureau Veritas has slashed the reporting time for a Condition Assessment Programme report from three months to one month, and at the same time improved the accessibility and usability of the report. The dramatic shortening of time for the CAP programme re
The Board of Directors of Tsakos Energy Navigation Limited (or the “Company”) has declared a quarterly dividend of $0.15 per share of common stock outstanding. The record date is August 4, the payment date is August 10 and the shares will trade ex-dividend on August 2. D. John Stavropoulos stated, “
I.M. Skaugen SE today announced that the pre-tax result for 2Q was positive USD 0.4 mill compared to negative USD 4.5 mill for 2Q2010. The pre-tax result was a negative USD 4.1 mill for the first half of 2011 (1H11) compared to a negative USD 8.6 mill for the 1H10. The result of the 1H11 […]
Wärtsilä has recently been awarded a series of orders to supply propulsion solutions for dredger vessels to be built in China and the Netherlands. Since dredging applications are typically very demanding, the high reliability of the Wärtsilä solutions was a key element in the award of all three proj
STORNES, a flexible fall pipe vessel built by Yantai CIMC Raffles Offshore Co., Ltd (hereinafter referred to as “CIMC Raffles”) for the Dutch company Van Oord Marine Services BV was successfully delivered in Yantai, China. STORNES is the world’s fifth flexible fall pipe vessel. It features high tech
DOF Subsea Norway AS has been awarded the contract for Goliat FPSO Marine Installation Activities. The value of the contract is approximately 300 MNOK. The contract duration is from July 2011 to December 2013 DOF has been selected as preferred partner after a thorough evaluation of both technical an
The liquefied natural gas carrier „Arctic Voyager‟ berthed Tuesday, July 5, early in the morning at Gate terminal. The „Arctic Voyager‟ is the second LNG carrier that delivers its commissioning cargo for the project after the arrival of the „British Trader‟ earlier in June. The „Arctic Voyager‟ is a
GSP has became in 2009 the contractor and project manager for the offshore services package includding the pipeline installation along the Russian continental shelf of the Black Sea, between Dzhubga-Lazarevskoe-Soci as well as for the pipeline tie-in with the Russia – Turkey inter continental pipeli
Damen Shipyards have delivered the ASD tugs ‘Karloo’ and ‘Kalarka’ to Half Tide Marine Pty Ltd of Australia. The tugs were built to the highly successful ASD Tug 3111 design, which in common with most Damen vessels, has been the subject of constant research and improvement. Including ‘Karloo’ and ‘K
Philip Hagyard, Senior Vice President of LNG/GTL Business Unit at Technip will present Floating LNG, the company’s strong expertise in this area and answer questions from the financial community during a conference call in English starting at 4:00 p.m. CET on Tuesday, July 5, 2011. The slide present
The DEME Group and its offshore specialist TIDEWAY announced press conference that will take place on the occasion of the naming of the new mega trailing suction hopper dredger “Congo River” (hopper capacity 30,000 m3) and the DP2 fallpipe vessel “Flintstone, a unique vessel that will perform accura
Wärtsilä has been awarded a five-year technical management contract, based on Dynamic Maintenance Planning, covering six LNG carriers. The contract has been placed by the operator of the vessels, Ceres LNG Services Ltd, a Greek ship management company and a major marine service provider in LNG shipp
A building site in the heart of the city of Rotterdam challenged the currently available dredging tools. Contractor Martens & van Oord needed to remove clay but was hindered by the presence of piles. Damen Dredging Equipment made a special cutter head meeting the tight schedule. The project concerne
