Cargotec’s MacGREGOR business area providing marine cargo handling and offshore solutions, has received an order for ship cranes and hatch covers, which will be delivered for 10 general cargo ships. The ships will be built at a Chinese shipyard for German shipowner Herman Buss. The value of the orde
Eitzen Chemical ASA announced today that it has declared an option to build two additional vessels with Jinse Shipbuilding Co. Ltd. in Korea. The vessels are coated 13,000 dwt chemical carriers and will be delivered in 2008. The price is USD 24.0 mill. per vessel. This brings the series from Jinse t
Sevan Marine ASA, on behalf of one of its subsidiaries, has signed a mandate with a leading financial institution to arrange construction financing of USD 150 million and a 5 year term loan of USD 300 million (post delivery) for the FPSO Sevan Voyageur.
Three men have died after an accident on a gas rig standby vessel in the North Sea, the boat’s operators say. Vroon Offshore Services said they died on the Viking Islay in the BP Amethyst gas field off the East Yorkshire coast.
The Department of Homeland Security (DHS) has awarded General Dynamics (NYSE: GD) a contract to provide technical and program management support services to the U.S. Coast Guard Incident Response Team (CIRT). The award has a maximum potential value of $10.5 million over 52 months if all options are
Tidewater Inc. (NYSE:TDW) announced today that Bruce D. Lundstrom has joined Tidewater as Senior Vice President, General Counsel and Secretary. Mr. Lundstrom, who will report to Chairman, President and CEO Dean Taylor, will be responsible for the Legal, Insurance and Human Relations/Benefits staffs
Nautilus Minerals Inc. (“Nautilus”) (TSX & AIM: NUS) announces that it has received high-grade Copper (“Cu”) and Gold (“Au”) assays over significant widths from this year’s drilling program at its Solwara 1 prospect located in the territorial waters of Papua New Guinea
COSCO Corporation has secured shipbuilding contracts worth US$724 million or S$1.1 billion to build 16 bulk carriers for German, Taiwanese and Greek shipowners.
A Polish yacht which went missing on its way to Aberdeen carrying seven crew has been found off the Orkney islands. A search was launched for the Syrenka, when it failed to arrive in Aberdeen on Saturday after leaving Iceland.
New Zealand Prime Minister Helen Clark has officially opened the New Zealand Oil & Gas managed Tui Area Oil Project. The ceremony coincided with the first shipment of approximately 300000 barrels of Tui crude oil being loaded aboard a tanker and shipped to its Australian buyer.
Total announces that the Snøhvit gas field, in the Barents Sea, has started production. Total holds an 18.4% interest in this project, which is operated by Statoil (33.53%). The partners are Petoro (30%), Gaz de France (12%), Hess (3.26%) and RWE-DEA (2.81%). Natural gas produced offshore in a 310-3
A Nato task force of ships from six nations has been conducting operations off the coast of Somalia, where there has been a upsurge in piracy this year. The ships – from Denmark, Portugal, the Netherlands, Canada, Germany and the US – are on the first circumnavigation of Africa by a Nato naval group
BRAZIL: The hull of the P-53 floating production, storage and offloading vessel (FPSO) was berthed to the QUIP’s Quay in the Port of Rio Grande on Sept. 20, two and a half weeks after arriving off the coast of Rio Grande in the state Rio Grande do Sul, Brazil, on Sept. 4.
CKYH Alliance is to restructure the PNW butterfly service jointly operated by COSCON and HANJIN Shipping by adding port of call at the Port of Prince Rupert, British Columbia, Canada, in its South loop section effective end October when the port starts operation.
