DFDS confirmed yesterday that negotiations between DFDS and the German shipyard P+S Werften GmbH, Stralsund, concerning the construction of two freight ships (ro-ro) are ongoing. The offered price of the two newbuildings is EUR 84m. DFDS had cancelled its previous contracts with P+S Werften for the
The Queensland Government is seeking registrations of interest to participate in the first stage of potential development of new export coal terminal capacity at the Port of Abbot Point. Acting Premier Jeff Seeney said the Newman Government was committed to improving the coordination of infrastructu
Songa Offshore SE yesterday finalised the formal handover of Songa Eclipse to Seadrill in line with the Memorandum of Agreement from November 2012. As previously reported, Songa’s net proceeds from the sale is USD 590 million. After repayment of debt, the net cash effect from the sale proceeds will
In an effort to prevent petroleum contamination from leaching into Bellingham Bay, crews will clean up a small section of shoreline along the Whatcom Waterway near downtown Bellingham. Crews are moving equipment and supplies into position this week and plan to work nights starting Jan. 7, 2013, when
PD Ports has successfully installed a new terminal operating system at Teesport. The new system, which was built by Navis, a software development company specialising in terminal operating systems, was introduced to further improve efficiency for customers, as well as the speed and agility of operat
PD Ports has successfully installed a new Terminal Operating System (TOS) at Teesport. The new system, which was built by Navis, a software development company specialising in terminal operating systems, was introduced to further improve efficiency for customers, as well as the speed and agility of
Petrobras has discovered a new post-salt oil reservoir in the ultra-deep waters of the Campos Basin. The discovery was made at well 4-MLS-105D-RJS, informally known as Mandarim and located in the Marlim Sul field at a water depth of 1,874 meters, 126 km off the coast of Rio de Janeiro state. The acc
Dredging is underway in the Mississippi Sound to return the Port of Gulfport’s shipping channel to its federally authorized depth of 36 feet. The U.S. Army Corps of Engineers, which is charged with maintaining the channel, has $2.4 million budgeted for dredging, and this will likely only be enough t
TOTE, Inc. announced on December 4, 2012, it has committed to the construction of two new state-of-the-art container ships for the Puerto Rico trade, with options for three more vessels for additional domestic service. The agreement with General Dynamics NASSCO represents a major technological miles
Subsea 7 S.A. announced the award of a contract valued at approximately US$300 million from Dana Petroleum, for the provision of subsea EPIC services in support of their Western Isles development project. The contract scope includes the engineering, procurement, construction and installation of two
Huntington Ingalls Industries announced yesterday that its AMSEC LLC subsidiary has been awarded a contract by the U.S. Navy’s Space and Naval Warfare Systems Command (SPAWAR). The contract is in support of design, acquisition, production, integration, testing, installation and configuration managem
Five packages of work valued at $2.3 million for key studies to support the development of the Port of Hastings have been awarded following a rigorous tender process. Minister for Ports Denis Napthine said the tenders received a significant response from the Victorian infrastructure development indu
U.S. Senator Mary L. Landrieu, D-La., released the following statement regarding the record $1.4 billion Transocean settlement for its role in the Deepwater Horizon disaster. Transocean will pay $400 million in criminal fines – with $300 million of that going to the Gulf Coast – and $1 billion in Cl
Transocean Ltd. today announced that it has reached an agreement with the U.S. Department of Justice to resolve certain outstanding civil and potential criminal claims against the company arising from the April 20, 2010, accident involving the Deepwater Horizon in the Gulf of Mexico. As part of this
