Knightsbridge Tankers Limited announced that the VLCC Kensington has been sold to an unrelated third party with expected delivery in November 2012. The Company expects to record a gain of approximately $0.1 million in the fourth quarter having recorded an impairment loss of $13.5 million on this ves
Klaipeda University and “Western Baltija Shipbuilding” signed an agreement on the design and construction of a new research vessel on the 14th of November. “Today is a historic day. A process, which started about four years ago, became a reality today. There are no higher level schools in Lithuania
The Board of Rialto announces the appointment of Robert James Shepherd as Interim CEO of the Company, effective Monday, 26 November 2012. Shepherd has over 20 years of experience in the Oil & Gas industry and brings a wealth of skills to the Company. Rialto also announces that Jeff Schrull, who last
Six months after Ocean Installer opened its UK office in Aberdeen, the Norwegian subsea entrepreneurial company yesterday welcomed the industry to celebrate the company’s considerable achievements so far. Martin Sisley, UK Managing Director of Ocean Installer, opened the celebrations by reflecting o
Dredging and processing operations on the Fox River for the 2012 season started May 14 and concluded on November 12. Some details are as follows: – Estimated volume of sediment dredged – 26,273 cubic yards – Estimated amount of processed sediment produced – 12,328 tons – Estimated amount of sediment
The naming ceremony of the 82,000 DWT Bulk Carrier ”Warsaw”, which was built in New Yangtz Shipyard and converted in Chengxi Shipyard Co., Ltd for SMT Company, was held at the No.5 Berth on Nov.15, 2012. Mr. Anthonius Voorham, owner of SMT, and Mrs. Mary Voorham, Mr Mark Voorham, CEO of SMT, and Mrs
Six months after Ocean Installer opened its UK office in Aberdeen, the Norwegian subsea entrepreneurial company yesterday welcomed the industry to celebrate the company’s considerable achievements so far. Martin Sisley, UK Managing Director of Ocean Installer, opened the celebrations by reflecting o
Klaipeda University and “Western Baltija Shipbuilding” signed an agreement on the design and construction of a new research vessel. “Today is a historic day. A process, which started about four years ago, became a reality today. There are no higher level schools in Lithuania which have constructed a
CEDA has announced updates for the Virtue, Venture and Vision in the Coastal Zone, the conference and exhibition that will take place on 12-13 December 2012 in Abu Dhabi. – Keynote Speaker Mr Amer Al Hammadi, Planning and Infrastructure Executive Director – Abu Dhabi Urban Planning Council is confir
Orenburg hosted the fifth meeting of the Joint Coordinating Committee (JCC) between Gazprom and Petrovietnam State Oil and Gas Corporation as part of the execution of the Strategic Partnership Agreement signed by the companies. The meeting was held by the JCC Co-Chairmen – Vitaly Markelov, Deputy Ch
The offers for the purchase of Peene Shipyard are expected to arrive by the end of November. The Swedish coast guard has concluded a new agreement with the insolvency administrator of P+S WERFTEN, Berthold Brinkmann. This means that both coast guard ships ordered from the Peene shipyard can now be c
The Polar Research Institute of China and MARIC, on October 22nd, signed a detailed design contract of new-building polar scientific research icebreaking vessel project in Beijing. The new-building scientific research icebreaking vessel with bow and stern of bidirectional icebreaking capability and
Gov. Bob McDonnell and Col. Paul Olsen of the U.S. Army Corps of Engineers traveled to Tangier Island in the Chesapeake Bay to announce they have signed an agreement to build a long-awaited seawall and jetty to protect the Island’s endangered harbor. The project will involve both state and federal f
The acquisition of the Phase II of the 2D campaign over the Foz do Amazonas basin in Brazil was completed this week, totaling 6,729 line kilometers. Now Spectrum moves east to the Potigar Basin for another extension of the Equatorial Margin coverage ahead of Brazil’s upcoming 11th license round. The
