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Business & Finance

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UK: AJ Woods Engineering Secures GBP 2.28 Million for New Jobs
Business & Finance

UK: AJ Woods Engineering Secures GBP 2.28 Million for New Jobs

An engineering firm has secured £2.28million to deliver new jobs for Harwich and respond to significant opportunities in the offshore wind sector. AJ Woods Engineering, which is based in the town, is to receive the money from the ‘Growing Places Fund’ following a successful bid to the South East Loc

about 13 years ago
The Netherlands: Vripack Designs Heavy Duty Ribbon Offshore
Business & Finance

The Netherlands: Vripack Designs Heavy Duty Ribbon Offshore

Vripack, together with Ribbon Yachts, is designing a 43ft supply vessel together with Ribbon Yachts in the Netherlands. And by looking at the correct proportions between line and surface, one can easily see that the design of the agile and modern Ribbon 45 SC is the foundation for the sturdy Ribbon

about 13 years ago
CMA CGM MARCO POLO Joins UK Ship Register
Business & Finance

CMA CGM MARCO POLO Joins UK Ship Register

The CMA CGM MARCO POLO its the first in a series of three new 16,000 TEU container ships, for the CMA CGM group on the Asia-Europe lines. Built by Daewoo Shipbuilding & Marine Engineering Co Ltd, it is almost a quarter of a mile long and it is the worlds biggest container ship. The new […]

about 13 years ago
USA: GBI Research Releases New Report on Demand for Semisubmersibles and Drillships
Business & Finance

USA: GBI Research Releases New Report on Demand for Semisubmersibles and Drillships

GBI Research, a leading business intelligence provider, has released its latest research, “Deepwater Activity Statistics – New Discoveries Worldwide Driving Deepwater E&P Activity and Demand for Semisubmersibles and Drillships”. The study, which is an offering from the company’s Energy Research Grou

about 13 years ago
Tullow: Oil Production Starts at Jubilee Phase 1A (Ghana)
Business & Finance

Tullow: Oil Production Starts at Jubilee Phase 1A (Ghana)

Tullow Oil plc (Tullow) announces today that in Ghana, West Africa, Jubilee Phase 1A production has commenced and the Okure-1 exploration well has encountered low net to gross oil bearing reservoir in a secondary objective. In Guyana, South America, Tullow has let its interest in the Georgetown Lice

about 13 years ago
Thai Oil Hires NYK’s VLCC Tateyama
Business & Finance

Thai Oil Hires NYK’s VLCC Tateyama

NYK and an affiliate of Thai Oil Public Co. Ltd. (Thai Oil) have agreed to terms on a long-term contract for the charter of the very large crude-oil carrier (VLCC) Tateyama (built: 2002; DWT: about 300,000 tonnes) to shuttle oil primarily from the Arabian Sea to Thailand. The contract, which is for

about 13 years ago
Svitzer to Remove Fuel Oil from Sunken Baltic Ace
Business & Finance

Svitzer to Remove Fuel Oil from Sunken Baltic Ace

The oil removal operation from the sunken Baltic Ace will be performed by marine salvage and response company Svitzer, based in the Netherlands. Baltic Ace, a car carrier built in 2007 which sank on December 5th in the North Sea after collision with containership Corvus J, was carrying about 466 ton

about 13 years ago
Svitzer Wins Contract to Remove Oil from Sunken Baltic Ace
Business & Finance

Svitzer Wins Contract to Remove Oil from Sunken Baltic Ace

Danish company Svitzer with its salvage headquarters based in The Netherlands, reports it has been awarded the contract for the removal of oil from the car carrier Baltic Ace. The 2007 built vessel sank in the North Sea following a collision with a container vessel on December 5. Five crew members o

about 13 years ago
UAE: Jebel Ali Port – Star of “The Gateway” Programme
Business & Finance

UAE: Jebel Ali Port – Star of “The Gateway” Programme

DP World’s flagship Jebel Ali port is the star of CNN International’s well-regarded “The Gateway” programme this month, with the first episode of a four part series aired on 6th December. Hosted by high profile CNN anchor Becky Anderson, the programme goes behind the scenes to show how Jebel Ali por

about 13 years ago
Cecon Signs Sales and Purchase Agreement with Development Canada
Business & Finance

Cecon Signs Sales and Purchase Agreement with Development Canada

Cecon ASA and Development Canada Inc (EDC) have signed a Sales and Purchase Agreement to acquire the rights in the USD 200 million EDC financing received by Cecon ASA February 2009. The agreement covers the loan principal of USD 200.000.000 and all accrued unpaid interest up until execution of the a

about 13 years ago
UK: Coretrax Moves to New Purpose Built Premises
Business & Finance

UK: Coretrax Moves to New Purpose Built Premises

Aberdeen-based oilfield services firm, Coretrax, has moved to a new purpose built HQ with an investment of £2.4million into the office and workshop space. Formed in 2008, the company had outgrown its previous offices in Altens, Aberdeen. The firm moved last month to accommodate its range of wellbore

about 13 years ago
Solstad Charters CSV Normand Tonjer for Gwynt y Mor Offshore Wind Farm, UK
Business & Finance

Solstad Charters CSV Normand Tonjer for Gwynt y Mor Offshore Wind Farm, UK

Solstad Offshore ASA (SOFF) has been awarded a contract with Gwynt Y Mor Offshore Wind Farm ltd (60% RWE Innogy GmbH, 30% Stadwerke München Gmbh and 10% Siemens AG) for the CSV “Normand Tonjer”. The duration of the contract is approx. 17 months firm with additional options. The new contract will com

about 13 years ago
Aker Solutions, Shell Ink 5-Year Agreement for Delivery of Subsea Umbilicals
Business & Finance

Aker Solutions, Shell Ink 5-Year Agreement for Delivery of Subsea Umbilicals

Aker Solutions, a Norway-based oilfield services provider, has signed a frame agreement with Shell for the delivery of subsea umbilicals and cables globally. The size of the frame agreement is dependent on call-offs and the number of projects that Shell decides to execute. However, Aker Solutions es

about 13 years ago
The Netherlands: Imtech Marine Teams Up with Navarino
Business & Finance

The Netherlands: Imtech Marine Teams Up with Navarino

Leading global maritime company Imtech Marine (Rotterdam) and satellite communications specialist Navarino (Piraeus) have announced a partnership. Imtech Marine has become global supplier of Infinity, an advanced maritime bandwidth management and optimisation solution that can be used onboard ships

about 13 years ago
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