Arab Steel reported that Zamil Offshore Services Company has achieved SAR 2 billion of shipbuilding returns during the past 2 years. The company accepts shipbuilding investment volume to reach SAR 40 billion during the next 10 years.
A court to mainly try suspected pirates has opened in the Kenyan port of Mombasa, funded by international donors. Pirates based in neighbouring Somalia have made the Gulf of Aden one of the world’s most dangerous shipping lanes.
SBM Offshore NV is pleased to announce that it has successfully completed the refinancing and expansion of its existing revolving credit facility of US$ 500 million to a new US$ 750 million facility. The targeted syndication to a select group of banks found very strong interest and led to a substant
Otto Marine Limited, a leading offshore marine Group which specializes in building complex offshore support vessels, ship chartering and offer specialized offshore services had expanded to the US market with Otto Marine’s wholly owned subsidiary, Surf Subsea Pte Ltd taking a 19.2% stake in the US ba
The Mepa board yesterday approved an extension to the Terminal 2 quay at the Freeport. [mappress] Source: independent, June 25, 2010;
Planning permission for Hayle’s £220 million harbour redevelopment scheme could finally be granted within weeks – more than a year after it was awarded in principle. Talks to resolve the outstanding legal agreements have gathered pace since the Government and Cornwall Council each pledged £5m toward
The Danish Energy Agency has awarded DONG Energy the concession to build the next major offshore windfarm in Denmark off the Danish island of Anholt in the Kattegat. The construction of the windfarm will represent a total investment of approximately DKK 10 billion.
Port expansion, channel deepening, as well as the demand of improved coastal engineering and management is driving massive dredging… [mappress] Source: IQPC, June 25, 2010
Samsung Heavy Industries won orders for 5 158,000 t SUEZMAX-class oil tankers during Posidonia 2010, the world’s largest ship fair held in Athens, Greece. Samsung Heavy Industries focused on attracting shippers and winning contracts at Posidonia 2010, the ship fair that was held starting on June 5,
BP today provided an update on developments in the response to the MC252 oil well incident in the Gulf of Mexico. Subsea Source Control and Containment Two systems continue to collect oil and gas flowing from the Deepwater Horizon’s failed blow-out preventer (BOP) and transport them to vessels on th
Tideland’s SB‐2200 and SB‐138 polyethylene buoys complete with MLED‐140 marine lanterns fitted with the high performance MaxiHALO‐60 LED Flasher ‐ along with mooring equipment have been deployed in the new LNG port at Soyo in the north of Angola to mark the newly dredged access channel and turning c
A 2 billion US$ vessels new building program to renew the old and obsolete continental offshore fleet and meet demand in deepwater “With this plan covering 2011 to 2015, BOURBON wants to achieve leadership under the flag of excellence” ” says Jacques de Chateauvieux, Chairman & Chief Executive Offic
Total announces that its subsidiary, Total Exploration & Production Nigeria Ltd, in association with Conoil Producing Limited, has discovered hydrocarbons in the central portion of the Oil Mining Lease OML 136, offshore Western Nigeria. The Agge-3B.T1 well aimed at exploring an undrilled compartment
On Thursday 24 June, at 18h30 the Cutter Suction dredger ‘Fernão de Magalhães’ was launched at Uljanik Brodogradiliste d.d. shipyard in Pula (Croatia). The godmother of the ship is Ms. Marie Vyncke, daughter of Mrs. Katia De Sadeleer, niece of Jan Pieter De Nul and Dirk De Nul, directors of the comp
