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Business & Finance

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USA: Clock Continues to Tick on Effective Shutdown of Mississippi River
Business & Finance

USA: Clock Continues to Tick on Effective Shutdown of Mississippi River

In response to the December 6 letter from Assistant Secretary of the Army (Civil Works) Jo-Ellen Darcy to Senator Richard Durbin providing an analysis of the impact of additional Missouri River releases to sustain navigation traffic on the Mississippi River, The American Waterways Operators (AWO) an

about 13 years ago
USA: OceanServer Equips Iver2 AUV with EdgeTech 2205 Side Scan Sonar
Business & Finance

USA: OceanServer Equips Iver2 AUV with EdgeTech 2205 Side Scan Sonar

OceanServer Technology continues to deliver superior AUV based acoustic imaging with the qualification and release of the new EdgeTech 2205 high resolution side scan sonar. The 2205, designed specifically for use on AUVs, represents EdgeTech’s latest generation of electronics, transducers and softwa

about 13 years ago
Senator Calls for New Meeting Between Corps and Industry Leaders (USA)
Business & Finance

Senator Calls for New Meeting Between Corps and Industry Leaders (USA)

U.S. Senator Dick Durbin (D-IL) announced that he will convene a meeting of stakeholders – including Senators from states bordering the Mississippi River, state and local officials and representatives from industries such as agriculture and shipping – for a briefing from the Army Corps of Engineers

about 13 years ago
Ingalls Shipbuilding Wins Contract on US Navy LPD 17 Program
Business & Finance

Ingalls Shipbuilding Wins Contract on US Navy LPD 17 Program

Huntington Ingalls Industries announced on Friday that its Ingalls Shipbuilding division has been awarded a $54 million cost-plus-fixed-fee contract for life-cycle engineering and support services on the U.S. Navy’s USS San Antonio (LPD 17) class of amphibious transport docks. This is the third of f

about 13 years ago
STX OSV: New Engineering Department in Alesund, Norway
Business & Finance

STX OSV: New Engineering Department in Alesund, Norway

The various sites within STX OSV have for decades built strong technical departments assisting the shipyard organizations with professionalism, skill and enthusiasm enabling the shipbuilding group STX OSV to handle large and complex projects. Professional challenges combined with an opportunity for

about 13 years ago
The Netherlands: Seamar’s Quality System Assessed by DNV
Business & Finance

The Netherlands: Seamar’s Quality System Assessed by DNV

Seamar Services b.v. announced on Thursday that the company has received the ISO9001:2008 certificate for their complete service package, which includes vessel agency services, cargo handling & storage, vessel management and offshore related operations. The certificate indicates that an organization

about 13 years ago
Maersk Line Reaches One Million TEU Milestone in Port of Qingdao, China
Business & Finance

Maersk Line Reaches One Million TEU Milestone in Port of Qingdao, China

15 November marked a significant milestone in the history of Maersk Line in North China, as the carrier was the first ever to reach a throughput of one million TEU in the Port of Qingdao in a single year. The full-year estimate of Maersk Line’s throughput will be around 1.2 million TEU for 2012, whi

about 13 years ago
USA: Ingalls Shipbuilding Delivers Amphibious Transport Dock Arlington
Business & Finance

USA: Ingalls Shipbuilding Delivers Amphibious Transport Dock Arlington

Huntington Ingalls Industries announced on Friday that its Ingalls Shipbuilding division has delivered the amphibious transport dock Arlington (LPD 24) to the U.S. Navy. Arlington is the eighth ship in the LPD 17 class of ships Ingalls has delivered to the Navy. “The delivery of LPD 24 caps an outst

about 13 years ago
Spanish Shipyard LA NAVAL to Build Two PSVs for EDT Offshore
Business & Finance

Spanish Shipyard LA NAVAL to Build Two PSVs for EDT Offshore

LA NAVAL Shipyard has signed the contract for the construction of two Platform Supply Vessels for EDT Offshore in Cyprus. The two Vessels are PX105 design from Ulstein Design & Solutions AS with the ULSTEIN X-BOW®. Since the new bow concept was first launched, it has been in demand, and today over 4

about 13 years ago
Canada: CNOOC Gets Approval for Nexen Acquisition
Business & Finance

Canada: CNOOC Gets Approval for Nexen Acquisition

CNOOC Limited announced that it received notice from Canada’s Minister of Industry that its proposed acquisition of Nexen has been approved by the Minister under the Investment Canada Act. This approval is one of the conditions precedent to the completion of the proposed acquisition. Mr. Wang Yilin,

about 13 years ago
Vantage’s Titanium Explorer Starts U.S. GoM Operations
Business & Finance

Vantage’s Titanium Explorer Starts U.S. GoM Operations

Vantage Drilling Company (“Vantage”) announced that the ultra-deepwater drillship, Titanium Explorer, commenced operations in the U.S. Gulf of Mexico on the morning of December 7th, 2012. The Titanium Explorer is contracted by Petrobras for eight years, and the expected revenues of the contract are

about 13 years ago
Philippines: Dredging Program to Help Workers Affected by “Pablo”
Business & Finance

Philippines: Dredging Program to Help Workers Affected by “Pablo”

Secretary of Labor and Employment Rosalinda Dimapilis-Baldoz ordered on Thursday the release of an initial P5.5-million funding for emergency employment and livelihood of workers who were displaced by typhoon Pablo in Caraga Region and Compostela Valley. “We have to respond immediately to the worker

about 13 years ago
CNOOC Gets Green Light to Buy Nexen (Canada)
Business & Finance

CNOOC Gets Green Light to Buy Nexen (Canada)

CNOOC Limited announced yesterday, December 8, that the company has received notice from Canada’s Minister of Industry that its proposed acquisition of Nexen has been approved by the Minister under the Investment Canada Act. No further approvals are required in Canada. This approval is one of the co

about 13 years ago
USA: Corps Awards Bayport Ship Channel Dredging Contract
Business & Finance

USA: Corps Awards Bayport Ship Channel Dredging Contract

The U.S. Army Corps of Engineers, Galveston District, awarded a contract to Orion Marine Construction Inc. in the amount of $2,988,900 for maintenance dredging of the Bayport Ship Channel in Chambers and Harris counties, Texas. The contractor is required to remove approximately 500,000 cubic yards o

about 13 years ago
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