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Business & Finance

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FN Diving Conducts Underwater Propeller Repair in Rotterdam, The Netherlands
Business & Finance

FN Diving Conducts Underwater Propeller Repair in Rotterdam, The Netherlands

After the owners of a Container Vessel consulted FN Diving regarding heavy vibrations of the propeller which suddenly occurred during sailing, one of the teams attended the vessel for a thorough underwater inspection during ship operations in Rotterdam. The inspection of the propeller revealed a def

about 14 years ago
Cargotec: New Container Ship Concept Cuts Emissions and Increases Efficiency
Business & Finance

Cargotec: New Container Ship Concept Cuts Emissions and Increases Efficiency

A new container ship design featuring LNG-fuelled propulsion, optimised hull and efficient cargo handling demonstrates that vessels can be both environment-friendly and economic to operate. “The earlier we are consulted during the design of a container ship, the greater the benefits for all concerne

about 14 years ago
MCT to Share Its Plans for Brough Ness Tidal Project in Kirkwall, UK
Business & Finance

MCT to Share Its Plans for Brough Ness Tidal Project in Kirkwall, UK

Siemens’ Marine Current Turbines will be at Kirkwall Town Hall on Thursday (29th November, 3.00pm to 8.00pm) to share its outline plans for its Brough Ness tidal project. MCT is one of a number of tidal and wave energy developers who will be exhibiting at the event. The event, an opportunity for Orc

about 14 years ago
Franklin Heads to Palma Mallorca, Spain
Business & Finance

Franklin Heads to Palma Mallorca, Spain

MMT´s survey vessel Franklin is leaving a cold Scandinavia and is heading towards the Mediterranean. Franklin´s Master Ulf Segersäll comments the journey: “Franklin is leaving Hirtshals, to what we hope a warmer and more humid climate, Palma Mallorca. Last time we checked, it was unbelievable 9 degr

about 14 years ago
OGX Buys Interest in Santos Basin Offshore Block from Petrobras
Business & Finance

OGX Buys Interest in Santos Basin Offshore Block from Petrobras

OGX Petróleo e Gás Participações S.A., Brazil’s largest private oil and natural gas exploration company, has entered into an agreement with Petrobras to acquire a 40% participating interest in Block BS-4, located in the Santos Basin. The purchase and sale is subject to National Petroleum, Natural Ga

about 14 years ago
UAE: GAC to Provide PirateFence Vessel Protection Technology
Business & Finance

UAE: GAC to Provide PirateFence Vessel Protection Technology

GAC Maritime Security has entered into a strategic partnership with Mobile Defense Systems LLC to provide PirateFence anti-grapple razor wire to protect vessels from attacks by sea criminals. This marks the latest addition to GAC Maritime Security’s expanding portfolio of protective solutions for ve

about 14 years ago
USA: Hudson River Dredging Resumes in Spring 2013
Business & Finance

USA: Hudson River Dredging Resumes in Spring 2013

Phase 2 of the Hudson River dredging program began on May 9 and ended in mid-November 2012. Approximately 663,000 cubic yards of PCB-contaminated sediment was removed during this time. Since Phase 1, which began on May 15, 2009, approximately 1,309,000 cubic yards have been removed. Phase 2 of this

about 14 years ago
TGS Starts Extension of 3D Multi-Client Survey Offshore Angola
Business & Finance

TGS Starts Extension of 3D Multi-Client Survey Offshore Angola

TGS has commenced an extension to the offshore Angola 3D multi-client survey. The extension, covering 4,064 km2 over blocks 36 and 37, will add to the original survey of 12,500 km2 which has completed acquisition. “We are very pleased to continue our relationship with Sonangol and to support oil and

about 14 years ago
Hyundai Heavy Develops New Independent LNG Storage Tank (South Korea)
Business & Finance

Hyundai Heavy Develops New Independent LNG Storage Tank (South Korea)

Hyundai Heavy Industries (HHI), the world’s biggest shipbuilder, announced today that it has developed an independent liquefied natural gas storage tank model, Lobe-Bundle Tank. Hyundai Heavy’s newly-developed LNG storage tank won Approval in Principle from the Japanese classification society Nippon

about 14 years ago
The Netherlands: Boskalis Holds 29 Pct Stake in Dockwise
Business & Finance

The Netherlands: Boskalis Holds 29 Pct Stake in Dockwise

Following a press release issued yesterday regarding an intended offer for Dockwise Ltd., Royal Boskalis Westminster N.V. announces that it has acquired approximately 11.5 million shares in Dockwise in the course of trading. This shareholding represents 29% of the shares in Dockwise. As previously a

about 14 years ago
Subsea 7 Bags USD 360 Mln Shell Contract Extension
Business & Finance

Subsea 7 Bags USD 360 Mln Shell Contract Extension

Subsea 7 S.A. announced the extension of both of its Underwater Services Contracts (USC) by Shell Upstream International Europe. The extension of both contracts will commence in 2014 and continue until at least 2016. The extension in aggregate is worth approximately $360 million. Under these contrac

about 14 years ago
Shell Extends Underwater Services Contracts with Subsea 7
Business & Finance

Shell Extends Underwater Services Contracts with Subsea 7

Subsea 7 S.A. announced today the extension of both of its Underwater Services Contracts (USC) by Shell Upstream International Europe. The extension of both contracts will start in 2014 and continue until at least 2016. The extension in aggregate is worth approximately $360 million. Under these cont

about 14 years ago
Boskalis Now Owns 29 Pct Shares in Dockwise
Business & Finance

Boskalis Now Owns 29 Pct Shares in Dockwise

Following a press release issued yesterday morning regarding an intended offer for Dockwise Ltd., Royal Boskalis Westminster N.V. announces that it has acquired approximately 11.5 million shares in Dockwise in the course of trading today. This shareholding represents 29% of the shares in Dockwise. A

about 14 years ago
USA: Technip to Begin Construction of Heidelberg Spar
Business & Finance

USA: Technip to Begin Construction of Heidelberg Spar

Technip received instructions from Anadarko Petroleum Corporation to begin the engineering, construction and transport of a 23,000-ton Truss Spar hull for their Heidelberg field development. This field is located in the US Gulf of Mexico, at a water depth of 1,620 meters (5,310 feet). The Letter of

about 14 years ago
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