On July 9, 2010 Estaleiro Promar S.A. signed eight contracts to build LPG Carriers for Transpetro, the shipping arm of the Brazilian oil giant Petrobras. The contracts amounts $536m, comprising the construction of two different types of LPG Carriers: fully pressurized with cargo capacity of 7.000 m3
Ithaca Energy has secured further cash for its North Sea projects. Ithaca has arranged for a new US $140 million of finance – a “facility agreement” with the Bank of Scotland with a loan period of up to five years.
UTEC Survey Australia Pty. Ltd. (Perth) is completing a five-month bathymetric survey campaign for the Port Hedland Port Authority’s channel and harbour capital dredging campaign. The hydrographic survey work, which is expected to be finalised by mid-July, is being carried out offshore Port Hedland
Wärtsilä, the marine industry’s leading ship power systems integrator, has signed a major contract with the A.P. Moller Maersk Group (APMM), one of the world’s largest shipping companies. The order covers the installation of Wärtsilä Slow Steaming Upgrade Kits to 34 more of the company’s large conta
Brunei has called on the ASEAN states to tackle over-fishing, in an effort to strengthen fisheries and diversify its own economy, at the Meeting of the ASEAN Sectoral Working Group on Fisheries (ASWGFi) on June 25. “Brunei Darussalam is a small regional player in fisheries and aquaculture production
Illegal sand dredging has caused severe erosion to the banks of Tien River, threatening the lives, farmland and houses of hundreds of … [mappress] Source: vietnamnews, July 13, 2010;
The three ram capping stack was installed on the Deep Water Horizon LMRP at 7 p.m. CDT. The stack completes the installation of the new sealing cap. Following installation of the capping stack and in line with the procedure approved by the National Incident Commander and Unified Area Command, the we
Irish shipbuilder Safehaven Marine has launched the first of their new GRP Windfarm Catamaran Wildcat 53s, named ‘Island Tiger’.The hull… [mappress] Source: bairdmaritime, July 13, 2010;
Frans van Seumeren has purchased a stake in Barge Master Holding bv. Van Seumeren explains: “Barge Master develops and produces motion compensated platforms for offshore lifting operations. This company can help solve the age-old problem of sea-induced motions during offshore installation work. I ha
Apache Corporation announced that David Carmony has been promoted to be vice president – Environmental, Health and Safety (EH&S). “Apache has always had a strong safety culture,” said G. Steven Farris, Apache’s chairman and chief executive officer. “David will work with me and our regional operating
The Tanzania International Container Terminal Services (TICTS) has received new equipment expected to greatly enhance the company’s cargo… [mappress] Source: thecitizen, July 13, 2010;
Sevan Drilling AS, a wholly owned subsidiary of Sevan Marine ASA, has signed a mandate letter and term sheet with DVB Group Merchant Bank (Asia) Pte Ltd and NIBC Bank N.V. for the arrangement of a USD 530 million limited recourse secured term loan facility. The facility will replace the existing deb
Wind investments are rising, especially in Sweden, Greece, Ireland and some Eastern countries. Offshore opportunities are particularly significant, while re-powering is starting to develop. Trends in growth of the wind energy sector in Europe are optimistic. After the slowdown in 2009, spilling over
An offshore wind power project in New York state seems imminent, local officials said Monday — but not in Niagara County if they have… [mappress] Source: niagara-gazette, July 13, 2010;
