Cargotec’s MacGREGOR business area providing marine cargo handling and offshore solutions, has during November received significant offshore equipment orders. The equipment will be delivered during 2009–2010 and the value of the orders exceeds EUR 50 million.
Port officials are sounding out potential investors to help fund a $120 million project to deepen a berth at the Seagirt Marine Terminal – a project they say is needed to accommodate bigger ships passing through a to-be-widened Panama Canal. The Maryland Port Administration said it needs to add a 50
Gulf Craft, the Middle East’s largest boat and yacht manufacturer, is delivering its top-of-the-range super yacht the Majesty 130. Following successful completion of sea trials, the largest super yacht built in the Middle East is currently on its way to Australia.
Genco Shipping & Trading Limited today announced that it has taken delivery of the Genco Charger, a 2005-built Handysize vessel, and the Genco Challenger, a 2003-built Handysize vessel, on December 14, 2007. The Company also announced it has taken delivery of the Genco Warrior, a 2005-built Supramax
As a result of the continued very heated situation in the shipbuilding industry, and continued high loading in the Finnish operations, the delivery program for ferries in Finland has been further revised. Several of the projects will be delivered some weeks or months later than planned. As when the
Global Oceanic Carriers Limited a global provider of marine transportation services for dry bulk cargoes, announces today that it has taken delivery of the M/V ‘GO Star’, a Handymax bulk carrier, which the Company had previously agreed to acquire for USD 38.3 million.
Technip has been awarded by the National Gas Company of Trinidad and Tobago Limited (NGC) a services contract for two pipelines to be installed offshore the islands of Trinidad and Tobago, in the Caribbean Sea. Technip’s operating center in Houston (Texas) will execute the contract.
Britain’s Fisheries Minister, Jonathan Shaw, goes to Brussels this week for the annual round of haggling over fish quotas. His stated goal is to allow more cod to be landed from the North Sea.
The Brazilian oil company Petrobras have selected an Aker Kvaerner design for the hull of their new semisubmersible production platform to be located offshore Brazil, at the Marlim Sul deep water field development. The design is a copy of the P-51 semisubmersible platform, developed by Aker Kvaerner
Wärtsilä engine cylinder lubricating system retrofits for 21 vessels will cut lubricating oil consumption and engine operating costs. Wärtsilä won an order in November 2007 from the German shipowner Reederei Claus-Peter Offen for retrofitting 21 ships with the Retrofit Pulse Lubricating System. The
Specialist Dutch refit yard Balk has embarked on two new projects. The 40.28-metre Royal Huisman sailing yacht Anakena will have a comprehensive overhaul of its propulsion system and hydraulics. And the 34-metre motoryacht Cornelia, launched by RMK Marine in Turkey in 2006, will have major work carr
BP yesterday announced that natural gas production from the Cashima field, offshore Trinidad, started on December 15, 2007. This followed the first gas production from the nearby Mango field on November 17. The Cashima development comprises the Cashima field, discovered in 2001, and the North East Q
Chevron Corporation today announced that its main Chinese subsidiary has signed a 30-year production-sharing contract with China National Petroleum Corporation (CNPC) for the joint development of the Chuandongbei natural gas area in central China. Chevron will take over the role of operator and hold
Glenn Bourke has resigned from his position as CEO of the race. Bourke, 47, has taken the decision, a very difficult one he said, for family reasons. He has held the position since November 2002 and helped establish the Volvo as the world’s leading offshore ocean race. Bourke will relocate from Engl
