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FPSO Sevan Hummingbird motions in adverse weather conditions confirmed
News

FPSO Sevan Hummingbird motions in adverse weather conditions confirmed

A low pressure passing the Central North Sea and the Chestnut field in the last few days exposed the FPSO Sevan Hummingbird to a storm with a severity close to a one-year storm. Significant wave heights of up to 8-8.5 meter were reported, with typical maximum wave heights of up to 15-16 meter. The a

about 18 years ago
ABG Shipyard to raise $200m via QIP
News

ABG Shipyard to raise $200m via QIP

ABG Shipyard has posted a net profit at Rs 47 crore in Q3 FY08 as against Rs 29.3 crore in the same period last year. The company has posted net sales at Rs 274 crore in the period under review as compared to Rs 177.58 crore in the corresponding period last year.

about 18 years ago
S.Korea’s Hyundai Mipo wins $301 mln ship orders
News

S.Korea’s Hyundai Mipo wins $301 mln ship orders

South Korea’s Hyundai Mipo Dockyard Co Ltd said on Monday it had won ship orders totalling 283.7 billion won ($301.3 million) for product carriers.

about 18 years ago
Whale shark caught in cargo ship’s rear
News

Whale shark caught in cargo ship’s rear

A dead whale shark was found caught in the rear part of an international cargo vessel that arrived at the Cebu International Port (CIP) here early morning Monday. Quarantine officials of the Bureau of Fisheries and Aquatic Resources (BFAR) found the dead whale shark caught in the “icebreaker” of the

about 18 years ago
Lundin completes exploration well 12/17b-1 completed, UK
News

Lundin completes exploration well 12/17b-1 completed, UK

Lundin Petroleum AB announces that the well 12/17b-1 on the Ridgewood prospect reached Total Depth at 1,731 meters (5,678 ft). The well is located in block 12/17b, production licence P1301, in the Moray Firth area of the United Kingdom Continental Shelf (UKCS). The well was drilled using the Transoc

about 18 years ago
Wärtsilä appoints Atte Palomäki Group Vice President
News

Wärtsilä appoints Atte Palomäki Group Vice President

Mr Atte Palomäki (42) M.Sc. (pol.) has been appointed Group Vice President, Corporate Communications, as of March 1, 2008. In this new position Mr. Palomäki becomes a member of the Wärtsilä Board of Management and reports to Mr Ole Johansson, President and CEO. With this appointment Wärtsilä aims to

about 18 years ago
North Sea cargo ship stabilised
News

North Sea cargo ship stabilised

A Dutch cargo ship, which began listing in high winds 90 miles north east of Aberdeen, has stabilised. The crew of the 3,000-tonne Nordgard, which was heading for Grangemouth, raised the alarm after some of its cargo of timber came loose.

about 18 years ago
Sailors missing after boat sinks
News

Sailors missing after boat sinks

Six people have been reported missing after a French fishing vessel sank about 50 miles (80km) off Cornwall. Falmouth Coastguards are helping to coordinate a rescue operation with French emergency services. A helicopter from RNAS Culdrose is assisting.

about 18 years ago
Engine repairs free ice trawler
News

Engine repairs free ice trawler

A British trawler stuck in Antarctic ice for more than a week has been repaired and is set to resume fishing once its engine warms up, crew say. A US air force plane was called in to drop a piston to the Argos Georgia, with an icebreaker due to deliver extra parts shortly.

about 18 years ago
Nexus Secures Tanker and Early Stage Project Finance for Crux Liquids Project
News

Nexus Secures Tanker and Early Stage Project Finance for Crux Liquids Project

Nexus Energy Limited is pleased to advise that it has secured a tanker and early stage project finance for the Crux liquids project. Vanguard Oil and Gas International Ltd has entered into an agreement to purchase the M. V. ‘Ishwari’ crude oil tanker for deployment as a Floating Production Storage a

about 18 years ago
Austal Completes Trials on World’s Fastest Diesel Ferry
News

Austal Completes Trials on World’s Fastest Diesel Ferry

Austal’s 65 metre Auto Express catamaran ferry ‘Shinas’, built for the Sultanate of Oman, has achieved a record service speed of 52 knots during sea trials, making it the fastest diesel-powered vehicle-passenger ferry currently in commercial service. The vessel’s confirmed service speed of 52 knots

about 18 years ago
Management change in Aker Yards
News

Management change in Aker Yards

Mr Leif Borge, CFO, has accepted a position as CFO in Aker Kvaerner ASA and will for that reason leave Aker Yards at the end of his notice period. Recruitment of his successor has been initiated. Mr Borge has been CFO of Aker Yards since 2002.

about 18 years ago
Customs ship heading south
News

Customs ship heading south

The search for Japan’s whaling fleet in the Antarctic is escalating, with two anti-whaling groups now engaged in the hunt and the Australian Government’s ship Oceanic Viking about to head south.

about 18 years ago
Stranded ship’s engines up and running
News

Stranded ship’s engines up and running

The wait is over for the 25 crew members of a British fishing trawler who have been stranded in the Ross Sea off Antarctica since just before Christmas. The Argos Georgia suffered failure in its main engine on December 23 and was left adrift and surrounded by ice.

about 18 years ago
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