Imtech (technical services provider in Europe) has signed a contract with Allseas to provide the automation and technical infrastructure on board a new to be built offshore construction vessel named the ‘Pieter Schelte’. This vessel will be the largest offshore construction vessel in the world. The
The 65 nautical mile Coastal Race took all four divisions all the way up the outside of the Maddalena Islands to Lavezzi and the southern tip of Corsica, returning back down the channel and beyond to the islet of Mortoriotto before a final return leg to the finish off Porto Cervo.
Tidewater (NYSE: TDW) today announced the election of James C. Day to its Board of Directors for a term expiring in July 2008. Mr. Day comes to Tidewater with a distinguished and successful career in the oil and gas industry with thirty years of experience. Mr. Day is the retired Chairman of the Boa
On September, 6 in the framework of the fist part of the investment program development realized by National Container Company in the Ilyichevsk container terminal (the Ilyichevsk port, the Ukraine) 2 new container cranes of Postpanamax class produced by Noell Fantuzzi Group will be delivered to the
BAM also said its 21.5 pct stake in dredger Van Oord contributed significantly to its results when compared to the first half of last year.
Husky Energy Inc. announced today a successful public offering in the United States of U.S. $300 million of 6.20 percent, 10-year notes due September 15, 2017 and U.S. $450 million of 6.80 percent, 30-year notes due September 15, 2037. The notes will rank equally with other unsecured indebtedness of
BAE Systems has received a $49 million U.S. Navy contract to develop a system that can rapidly identify and track camouflaged or concealed objects and targets.
Royal Caribbean International and Celebrity Cruises have announced the winners of their coveted environmental awards. For Royal Caribbean, Mariner of the Seas has been selected as the Environmental Ship of the Year, and Brilliance of the Seas as the Environmentally Innovative Ship of the Year. Celeb
Shelter Island will host one of the West Coast’s rare gatherings of mega-yachts, along with a dazzling fashion show and career crewing seminars, during San Diego YachtFest 2007 – a four-day extravaganza set for Sept. 13-16.
Subsea 7, one of the world’s leading subsea engineering and construction companies, today announced that it has signed an exclusive four year agreement with Canyon Offshore Inc.* for the provision of offshore oil and gas trenching services ‘ i-Trench’ .
Wärtsilä Corporation has decided to manufacture Controllable Pitch Propellers (CPP) in India to create an important and sizeable production capacity increase for the CPP business. The new activity will incur an investment of about 5 MEUR. The CPP production in India will be operational end 2008.
Ground-breaking of the new manufacturing plant for Wärtsilä 50DF dual-fuel engines, takes place today with a ceremony at the Yeongam, South Korea site. The project is a joint venture investment between Wärtsilä Corporation and Hyundai Heavy Industries Co. Ltd (HHI), and the new company will be known
The Board of Directors of Total, chaired by Thierry Desmarest, met on September 4, 2007 and approved an interim 2007 dividend of 1 euro per share. This amount is equal to the final dividend paid in May 2007 and represents an increase of 15% compared to the interim dividend paid in November 2006.
Transocean Inc. today announced that its report of drilling rig status and contract information covering the company’s offshore drilling fleet has been updated as of September 4, 2007. Drilling rig status and contract information on Transocean Inc.’s offshore drilling fleet has been condensed into a
