Sakhalin Energy has become the first and the only Russian company who was chosen by the United Nations to join the new platform for Corporate Sustainability Leadership – Global Compact LEAD, launched within the frames of the UN Global Compact. Sakhalin Energy has made a historic commitment to adopt
The Supreme Court has removed the last remaining legal hurdle to the P14.5-billion investment by San Miguel Corp. (SMC) and Harbour Centre… By Mary Ann Ll. Reyes (abs-cbnnews) [mappress] Source: abs-cbnnews, February 4, 2011;
Tidewater Inc. announced today third quarter net earnings for the period ended December 31, 2010, of $34.4 million, or $0.67 per common share, on revenues of $271.8 million. For the same quarter last year, net earnings were $59.9 million, or $1.16 per common share, on revenues of $286.5 million. The
On 20 December 2010, Trianel Windkraftwerk Borkum GmbH & Co KG (“TWB”) activated an order with Norddeutsche Seekabelwerke GmbH (“NSW”) to deliver and install 65 km of medium-voltage submarine cables for the first construction phase of the Trianel Borkum West II offshore wind farm. The order is worth
Research and Markets has announced the addition of Frost & Sullivan’s new report “Chinese Wind Market” to their offering. This study covers the state of the Chinese Wind Market, examining Chinese wind resources, pricing, technology, legislation, end-users, value chain, industry challenges and driver
Havila Saturn KS where subsidiaries of Havila Shipping owns 85% has decided to sell the Anchor Handler Tug Supply vessel Havila Saturn, Havila Saturn is a Havyard 842 design vessel and was delivered to the company in February 2008. The price confirms the market values. The sale will give a considera
Nomad Building Solutions Limited advises that it has received a liquidated damages claim for $4.25 million in line with the maximum allowable under the contract from the Thiess Decmil Kentz Joint Venture (TDKJV). The claim relates to delays in delivery on components in a contract awarded to Nomad Mo
Ensco has entered into a 950-day drilling contract with Petroleo Brasileiro (Petrobras) for ‘ENSCO 7500’, a fifth generation ultra-deepwater semisubmersible drilling rig that has operated for more than 10 years in the major offshore markets of Australia and the US Gulf of Mexico. Following upgrades
Twizzle is the yard’s first yacht completely styled, inside and out, by the talented team of Redman, Whiteley Dixon – with interior décor from Todhunter Earle Associates. Naval architecture by Dubois Naval Architects represents another long-anticipated first for the yard; and she is also Royal Huism
In February 2010 Seajacks entered into a contract with GustoMSC to provide the Basic Design Package for two purpose built wind farm installation vessels. In June 2010 Seajacks entered into a contract with Lamprell shipyard to build these new vessels and Seajacks will take delivery of the first new-b
In February 2010 Seajacks entered into a contract with GustoMSC to provide the Basic Design Package for two purpose built wind farm installation vessels. In June 2010 Seajacks entered into a contract with Lamprell shipyard to build these new vessels and Seajacks will take delivery of the first new-b
Diamond Offshore Drilling has exercised its option to build a second ultra-deepwater drillship with Hyundai Heavy Industries with delivery scheduled for the fourth quarter of 2013. Total cost, including commissioning, spares and project management, is expected to be approximately US$590 million and
The race to source from the Chinese market may have a new player in Hainan Cruise Enterprises, according to sources familiar with the matter. After being laid up following legal proceedings as Delphin Kreuzfahrten went bankrupt, Hainan has reportedly taken delivery of the Delphin Voyager (ex- Orient
BIMCO, the International Chamber of Shipping, INTERCARGO, INTERTANKO and the International Transport Workers’ Federation have expressed their outrage that Somali pirates have executed, apparently in cold blood, a seafarer on the merchant ship ‘Beluga Nomination’ which had been attacked and hijacked
