Oceanteam Shipping ASA has concluded a bareboat charter agreement with a subsidiary of McDermott for CSV North Ocean 102. The CSV North Ocean 102 bareboat charter has a firm period lasting until 1 August 2015, plus 2 x 1 year options. Oceanteam Shipping ASA owns 50 % of CSV North Ocean 102. The agre
MODEC, Inc. announced the award of a Tower Yoke Mooring System by Höegh LNG to MODEC’s subsidiary, SOFEC Inc. The Tower Yoke will provide a permanent mooring for the FSRU, 20 km offshore, south east Sumatra, in a water depth of 23 meters. The system includes a Swivel Stack assembly and riser piping
As part of the ongoing conversations with the shipping industry, a Panama Canal Authority (ACP) delegation headed by Administrator Jorge L. Quijano met with the International Chamber of Shipping (ICS), a global organization that looks after the interests of ship owners and operators, and the Interna
Oceanteam Shipping ASA has concluded a bareboat charter agreement with a subsidiary of McDermott for CSV North Ocean 102. The CSV North Ocean 102 bareboat charter has a firm period lasting until 1 August 2015, plus 2 x 1 year options. Oceanteam Shipping ASA owns 50 % of CSV North Ocean 102. The agre
Norway’s seismic acquisition specialist TGS announces that it has signed a Letter of Intent with Dolphin Geophysical AS to charter the 16 streamer new build vessel, M/V Sanco Swift, for 3D multi-client projects in Europe during the 2013 summer season. The charter will begin in July and last for appr
With reference to the press release of 26 November 2012 in which Boskalis announced its intention to make an offer for Dockwise, Boskalis today reconfirms its intention to make an all cash voluntary public offer for all the issued and outstanding ordinary shares (the Shares) of Dockwise (the Offer).
The Charleston County Park and Recreation Commission (CCPRC) is seeking bids for Folly Beach County Park Renourishment Stabilization Project. Project is contingent on permit approval. Work to include the provision of labor, materials, equipment, and services required to complete beach nourishment st
TGS announces that it has signed a Letter of Intent with Dolphin Geophysical AS to charter the 16 streamer new build vessel, M/V Sanco Swift, for 3D multi-client projects in Europe during the 2013 summer season. The charter will begin in July and last for approximately three months. The details of t
The Dubai Department of Tourism and Commerce Marketing (DTCM) celebrated the maiden call of Costa Atlantica to Dubai on the 13th December 2012, reaffirming Europe’s number one cruise company’s commitment to the region for the seventh consecutive year. The cruise line has deployed two ships, the Cost
WTR proposes to mine and export 407,000 tonnes per annum of ilmenite and 44,000 tonnes of zircon rich concentrate from the Ranobe Mine to a new port site near Toliara (Tuléar). To date, BMT has completed a Port Options Study, the Pre-Feasibility Study (PFS) for the marine works, and concept engineer
P/F Atlantic Petroleum (“Atlantic”) announces that it, through its fully owned subsidiary Volantis Exploration Limited, has entered into a definitive agreement to acquire a 25% non-operated working interest from Iona Energy Company (UK) Limited (“Iona”) in the Orlando and Kells fields. Atlantic Petr
Ocean Power Technologies, Inc. (“OPT” or “the Company”) announced financial results for its fiscal 2013 second quarter and the six months ended October 31, 2012. Highlights OPT reported an operating loss of $9.2 million for the six months ended October 31, 2012, relatively unchanged from the compara
On December 13, two key wholly owned subsidiary companies of NYK — NYK-Hinode Line Ltd. and NYK Global Bulk Corporation – agreed to begin preparations to merge. Hinode has been in business for over a century and transports a variety of cargo, such as plant and heavy equipment, by taking advantage of
Leading ballast water treatment (BWT) system specialist OceanSaver has taken the strategic decision to establish a base in the world’s number one shipbuilding centre, South Korea. The Norwegian company has expanded rapidly since opening its doors in Drammen, near Oslo, in 2003, forging a strong repu
