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Business & Finance

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Singapore: McDermott Inks Contract for Construction of Deepwater S-Lay Vessel
Business & Finance

Singapore: McDermott Inks Contract for Construction of Deepwater S-Lay Vessel

McDermott International, Inc. (“McDermott”) announced that one of its subsidiaries has signed a contract for the design and construction of a new high-spec, highly capable dynamically-positioned combination S-Lay vessel with a 2,000-ton crane. The vessel, tentatively named Derrick Lay Vessel 2000 (“

about 13 years ago
Deltares: Present Dike Standards Must Focus More on Piping (The Netherlands)
Business & Finance

Deltares: Present Dike Standards Must Focus More on Piping (The Netherlands)

Dike design needs to focus more on the subsoil structure and variations over the entire length of a dike. The soil structure determines the risk of piping and varies more than is assumed in the present standards. This may represent a risk for the dike, but it can also be used to make local dike [&he

about 13 years ago
USA: McDermott Signs Contract for Derrick Lay Vessel 2000
Business & Finance

USA: McDermott Signs Contract for Derrick Lay Vessel 2000

McDermott International, Inc. announced that one of its subsidiaries has signed a contract for the design and construction of a new high-spec, highly capable dynamically-positioned combination S-Lay vessel with a 2,000-ton crane. The vessel, tentatively named Derrick Lay Vessel 2000 (“DLV2000”), wil

about 13 years ago
Chevron Makes Two Discoveries Offshore Western Australia
Business & Finance

Chevron Makes Two Discoveries Offshore Western Australia

Chevron Corporation announced further drilling success by its Australian subsidiary in the Exmouth Plateau area of the Carnarvon Basin, a premier hydrocarbon basin. The Pinhoe-1 exploration discovery well encountered approximately 197 feet (60 meters) of net gas pay in the Barrow and Mungaroo Sands.

about 13 years ago
Governor: Shutdown of Florida Ports Is Not an Option (USA)
Business & Finance

Governor: Shutdown of Florida Ports Is Not an Option (USA)

Governor Rick Scott held a press conference call with Florida port leaders to discuss the importance of Florida’s ports during the ongoing negotiations between the International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX) regarding their contract, which is set to

about 13 years ago
Chevron Makes Two Gas Discoveries Offshore W. Australia
Business & Finance

Chevron Makes Two Gas Discoveries Offshore W. Australia

Chevron Corporation today announced further drilling success by its Australian subsidiary in the Exmouth Plateau area of the Carnarvon Basin, a premier hydrocarbon basin. The Pinhoe-1 exploration discovery well encountered approximately 197 feet (60 meters) of net gas pay in the Barrow and Mungaroo

about 13 years ago
China: Hantong Shipyard Launches New Bulk Carrier Built for Eagle
Business & Finance

China: Hantong Shipyard Launches New Bulk Carrier Built for Eagle

Hantong shipyard has successfully launched another 57.000 DWT Bulk carrier (Yard No. HT099), built for Eagle, on December 15th 2012. Vice general manager – Mr. Zheng Xishan together with the representatives of the ship-owner and the class attend the ceremony. Hantong shipyard is experienced in optim

about 13 years ago
Keppel Wins Three New Contracts Worth $343 Mln, Singapore
Business & Finance

Keppel Wins Three New Contracts Worth $343 Mln, Singapore

Keppel Offshore & Marine Ltd’s (Keppel O&M) subsidiaries have secured three new contracts – worth a combined value of S$420 million (USD 343 mln) – to bring the group’s total order wins for 2012 to S$9.9 billion (USD 8.1 bln). Mr Tong Chong Heong, Chief Executive Officer of Keppel O&M, said, “With t

about 13 years ago
Three New Contracts for Keppel (Singapore)
Business & Finance

Three New Contracts for Keppel (Singapore)

Keppel Offshore & Marine Ltd’s (Keppel O&M) subsidiaries have secured three new contracts – worth a combined value of S$420 million – to bring the group’s total order wins for 2012 to S$9.9 billion. Mr Tong Chong Heong, Chief Executive Officer of Keppel O&M, said, “With the strong confidence and sup

about 13 years ago
Keppel Secures Three Contracts Worth $343 Mln (Singapore)
Business & Finance

Keppel Secures Three Contracts Worth $343 Mln (Singapore)

Singapore’s Keppel Offshore & Marine Ltd’s (Keppel O&M) subsidiaries have secured three new contracts – worth a combined value of S$420 million (USD 343 million) – to bring the group’s total order wins for 2012 to S$9.9 billion (USD 8.1 billion). Tong Chong Heong, Chief Executive Officer of Keppel O

about 13 years ago
South Korea’s DSME Confirms USD 1.76 Bln Mariner Topside Award
Business & Finance

South Korea’s DSME Confirms USD 1.76 Bln Mariner Topside Award

South Korea’s Daewoo Shipbuilding and Marine Engineering in a filing with the Korea Exchange confirmed it has secured an order for the construction of a topside for a platform to be installed in the UK sector of the North Sea. The order, valued at approximately USD 1.76 billion, comes from the Norwe

about 13 years ago
APM Terminals Apapa Named Best Terminal Operator of the Year in Nigeria
Business & Finance

APM Terminals Apapa Named Best Terminal Operator of the Year in Nigeria

APM Terminals Apapa was named the winner of the 2012 Terminal Operator Award by the Maritime Reporters’ Association of Nigeria at their annual Maritime Excellence Awards ceremony. APM Terminals Apapa, which assumed operational control of the facility in 2006, is now the busiest container terminal in

about 13 years ago
Malaysia: Nam Cheong Sells Three OSVs
Business & Finance

Malaysia: Nam Cheong Sells Three OSVs

Nam Cheong Limited, a global offshore marine player and Malaysia’s largest Offshore Support Vessel (“OSV”) builder, announced that it has sold one Platform Supply Vessel (“PSV”) and two Anchor Handling Towing Supply (“AHTS”) vessels worth a total of US$56.4 million, bringing the total number of vess

about 13 years ago
CMA CGM MARCO POLO Calls at Malta Freeport
Business & Finance

CMA CGM MARCO POLO Calls at Malta Freeport

CMA CGM MARCO POLO, the world’s largest containership berthed yesterday morning at Malta Freeport’s Terminal Two North Quay. With a carrying capacity of 16,000 TEUs, CMA CGM MARCO POLO has exceptional dimensions, a length of 396 metres, a width of 54 metres, and a draft of 16 metres and is equipped

about 13 years ago
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