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Business & Finance

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Germany: SAM Electronics Systems for Viking Grace
Business & Finance

Germany: SAM Electronics Systems for Viking Grace

SAM Electronics, an L-3 company, has equipped Viking Line’s new 57,000-gt passenger ferry, Viking Grace, with a NACOS Platinum integrated navigation control system together with a Valmatic Platinum integrated automation system from its associate company, L-3 Valmarine. Built by STX Finland at its Tu

about 13 years ago
USA: Martin Midstream Partners Acquires Talen’s Marine & Fuel
Business & Finance

USA: Martin Midstream Partners Acquires Talen’s Marine & Fuel

Martin Resource Management Corporation (“MRMC”), owner of the general partner of Martin Midstream Partners L.P. (“MMLP”), announced today the acquisition by MMLP of all of the outstanding membership interests in Talen’s Marine & Fuel, LLC (“Talen’s”), effective December 31, 2012. Simultaneous with t

about 13 years ago
Strainstall Undertakes Offshore Wind Vessel Monitoring Trial (UK)
Business & Finance

Strainstall Undertakes Offshore Wind Vessel Monitoring Trial (UK)

Strainstall Marine have undertaken a vessel motion monitoring trial on a transfer vessel operating at an offshore wind-farm off the UK’s east coast. Strainstall’s new Vessel Motion Monitoring System™ (VMMS™) provides accurate motion monitoring for wind turbine transfer vessels to improve safety duri

about 13 years ago
USA: FMC Technologies’ Subsea Equipment for LLOG’s Delta House Project
Business & Finance

USA: FMC Technologies’ Subsea Equipment for LLOG’s Delta House Project

FMC Technologies, Inc. announced that it has received a subsea equipment order from LLOG Exploration Company, LLC (LLOG Exploration) for their Delta House project. The order has an estimated value of $114 million in revenue. The project is located in the Gulf of Mexico Mississippi Canyon area in wat

about 13 years ago
UK: 20th Armourstone Users Group Meeting Set for February 7
Business & Finance

UK: 20th Armourstone Users Group Meeting Set for February 7

The 20th Armourstone Users Group meeting is taking place on Thursday 7 February 2013 and will be held at HR Wallingford’s conference facilities in Oxfordshire. This meeting offers the opportunity for the exchange of news and views about the use of armourstone for coastal defences and breakwaters in

about 13 years ago
USA: 61st UNB-OMG/UNH-CCOM Multibeam Sonar Training Course Announced
Business & Finance

USA: 61st UNB-OMG/UNH-CCOM Multibeam Sonar Training Course Announced

61st UNB-OMG / UNH-CCOM Multibeam Sonar Training Course will take place in New Orleans, from January 7 to 12, 2013. This course will provide an overview of: – The technology and problems associated with shallow water multibeam surveys; – Processing and visualisation techniques designed to address th

about 13 years ago
MEYER WERFT Completes New Eco-Friendly LNG Tanker Ordered by Anthony Veder
Business & Finance

MEYER WERFT Completes New Eco-Friendly LNG Tanker Ordered by Anthony Veder

MEYER WERFT completed today its new Liquefied Natural Gas (LNG) tanker, the CORAL ENERGY, for the Dutch owner Anthony Veder, based in Rotterdam. It is the first ship of a new gas tanker type which is equipped with an eco-friendly dual-fuel engine. The tanker is operated with natural gas bringing the

about 13 years ago
USA: 61st UNB-OMG/UNH-CCOM Multibeam Sonar Training Course Approaches
Business & Finance

USA: 61st UNB-OMG/UNH-CCOM Multibeam Sonar Training Course Approaches

61st UNB-OMG / UNH-CCOM Multibeam Sonar Training Course will take place in New Orleans, from January 7 to 12, 2013. This course will provide an overview of: – The technology and problems associated with shallow water multibeam surveys; – Processing and visualisation techniques designed to address th

about 13 years ago
Siem Offshore Sells MRSV ‘Seven Sisters’ to Subsea 7
Business & Finance

Siem Offshore Sells MRSV ‘Seven Sisters’ to Subsea 7

Siem Offshore has sold the Multi Role Service Vessel (MRSV) Seven Sisters to Subsea 7. The prize is USD 84 million. The vessel is scheduled for delivery in March 2013. The sales proceeds will be allocated to repayment of mortgage debt of approximately USD 38 million and to fund equity investments in

about 13 years ago
Siem Sells ‘Seven Sisters’ to Subsea 7 (Norway)
Business & Finance

Siem Sells ‘Seven Sisters’ to Subsea 7 (Norway)

Siem Offshore, a Norway-based owner of offshore support vessels, has sold the Multi Role Service Vessel (MRSV) Seven Sisters to Subsea 7 for $84 million. The vessel is scheduled for delivery in March 2013. The sales proceeds will be allocated to repayment of mortgage debt of approximately USD 38 mil

about 13 years ago
Siem Offshore Sells MRSV Seven Sisters to Subsea 7 (UK)
Business & Finance

Siem Offshore Sells MRSV Seven Sisters to Subsea 7 (UK)

Siem Offshore has sold the Multi Role Service Vessel (MRSV) Seven Sisters to Subsea 7. The prize is USD 84 million. The vessel is scheduled for delivery in March 2013. The sales proceeds will be allocated to repayment of mortgage debt of approximately USD 38 million and to fund equity investments in

about 13 years ago
China Rongsheng Heavy Industries Delivers Eighth VLOC
Business & Finance

China Rongsheng Heavy Industries Delivers Eighth VLOC

China Rongsheng Heavy Industries Group Holdings Limited announced today the delivery of their eighth 380,000 DWT class Very Large Ore Carrier (“VLOC”). With further enhancements in their overall shipbuilding process, the Group continues to deliver more shipbuilding products in line with low-carbon a

about 13 years ago
Sri Lanka: Colombo Dockyard Carries Out Modifications on Two OSVs
Business & Finance

Sri Lanka: Colombo Dockyard Carries Out Modifications on Two OSVs

Colombo Dockyard was the ideal option for NAUTILUS MARINE ACQUISITION CORP / VEGA OFFSHORE the joint owners of Offshore Support vessels SK Line 71&72,who were looking out to carry out charter requested modifications to the brand new deliveries. The two 1678 GRT OSV’s built in FUJIAN FUNING SHIPBUILD

about 13 years ago
Miclyn Express Offshore Ends Iranian Operations
Business & Finance

Miclyn Express Offshore Ends Iranian Operations

Miclyn Express Offshore Limited has informed that it has ceased operations in Iran. The Company’s last three vessels and crew operating in the region ceased operations by the end of 2012 calendar year and were safely withdrawn over the course of the past week. The Company has said it has been consid

about 13 years ago
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