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Business & Finance

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EMGS: Boa Galatea Starts New Contract in Brazil
Business & Finance

EMGS: Boa Galatea Starts New Contract in Brazil

EMGS, a Norwegian provider of electromagnetic (EM) technology, has announced that its Boa Galatea vessel has completed the 3D EM data acquisition under the one-year contract in Brazil. The company has informed that the vessel has already been hired for a new 3D EM data acquisition project in Brazil

about 14 years ago
Damen to Deliver 12 Tugs for the Booming Brazilian Market
Business & Finance

Damen to Deliver 12 Tugs for the Booming Brazilian Market

Damen Shipyards Group and Wilson Sons (Brazil) have signed a contract for ten Damen ASD Tugs 2411 and two ASD Tugs of the new 3212-type, destined for the booming Brazilian market. The vessels will be built at the Wilson Sons shipyard in Guarujá, São Paulo and will go into service for Wilson Sons sub

about 14 years ago
CRP: Water Turbidity Model Shows Encouraging Results (New Zealand)
Business & Finance

CRP: Water Turbidity Model Shows Encouraging Results (New Zealand)

Highly sophisticated computer models of the turbidity from material disturbed during extraction of rock phosphate nodules by Chatham Rock Phosphate have shown encouraging results. The modelling work is being undertaken by Dutch applied research organisation Deltares using complex modelling technique

about 14 years ago
BBC Chartering Increases Service Frequency to WCSA
Business & Finance

BBC Chartering Increases Service Frequency to WCSA

The leading provider of multipurpose and heavy lift shipping services, German based BBC Chartering, allocates more shipping capacity to its ‘Andino Express Line’, a liner service that was launched in 2005 connecting Houston with the West Coast of South America. This connection ever since plays a maj

about 14 years ago
China: COSCO Nantong Delivers ‘SEA INSTALLER’
Business & Finance

China: COSCO Nantong Delivers ‘SEA INSTALLER’

The Board of Directors of COSCO Corporation (Singapore) Limited announces that COSCO (Nantong) Shipyard Co., Ltd, a subsidiary of the Company’s 51% owned COSCO Shipyard Group Co., Ltd, has delivered one windmill turbine installation vessel (WTIV) “SEA INSTALLER” to its European buyer. The delivery d

about 14 years ago
Norwegian Car Carriers Extends Charter Contract for ‘NOCC Puebla’
Business & Finance

Norwegian Car Carriers Extends Charter Contract for ‘NOCC Puebla’

Norwegian Car Carriers ASA has extended the current time charter contract for the 100% owned car carrier “NOCC Puebla” for a duration of about 6 months with commencement in mid December 2012. The concluded time charter rate is in line with the rate on the current charter and will generate an EBITDA

about 14 years ago
UK: Tocardo Attends 6th Annual Tidal Energy Summit and Awards Ceremony
Business & Finance

UK: Tocardo Attends 6th Annual Tidal Energy Summit and Awards Ceremony

Tocardo will be present at the 6th annual Tidal Energy Summit and Awards Ceremony which will take place on November 28 and 29 in The Grange Tower Bridge Hotel in London. Tocardo is currently the only company in the world commercially marketing mass-produced water turbines. Based in The Netherlands,

about 14 years ago
SeeByte Solutions Announces Participation at EXPONAVAL in Chile
Business & Finance

SeeByte Solutions Announces Participation at EXPONAVAL in Chile

SeeByte, the global leader in creating smart software for unmanned maritime systems, has announced its participation in the 8th International Maritime and Naval exhibition and conference for Latin America, EXPONAVAL 2012. EXPONAVAL 2012 in Puerto Valparaíso, Chile, will focus on the topic: “Navy cha

about 14 years ago
China: COSCO Delivers Wind Turbine Installation Vessel
Business & Finance

China: COSCO Delivers Wind Turbine Installation Vessel

The Board of Directors of COSCO Corporation (Singapore) Limited announces that COSCO (Nantong) Shipyard Co., Ltd, a subsidiary of the Company’s 51% owned COSCO Shipyard Group Co., Ltd, has delivered one windmill turbine installation vessel (WTIV) “SEA INSTALLER” to its European buyer. The delivery d

about 14 years ago
Ofgem Annouces Tender for Offshore Transmission Assets (UK)
Business & Finance

Ofgem Annouces Tender for Offshore Transmission Assets (UK)

Building on an already established regime for the awarding of offshore transmission licences in which over £2 billion of assets have been tendered for, Ofgem is now running a further tender competition for the transmission assets that connect the West of Duddon Sands wind farm to the onshore grid. T

about 14 years ago
Malaysia: Nam Cheong Announces Sale of Four AHTS Vessels
Business & Finance

Malaysia: Nam Cheong Announces Sale of Four AHTS Vessels

Nam Cheong Limited, SGX Main Board-listed leading global offshore marine player and Malaysia’s largest Offshore Support Vessel (“OSV”) builder, today announced that it has sold four Anchor Handling Towing Supply (“AHTS”) vessels worth a total of US$45.13 million, bringing the total number of vessels

about 14 years ago
Carbon Trust to Conduct Offshore Wind Cable Study (UK)
Business & Finance

Carbon Trust to Conduct Offshore Wind Cable Study (UK)

Carbon Trust is planning to conduct the offshore wind cable study. A significant number of UK offshore wind farms have experienced difficulties associated with the installation and burial of intra-array cables. In 2011, the OWA commissioned a study to develop recommendations for optimised cable inst

about 14 years ago
Husky Hires Seadrill’s Newbuild Rig for Operations in Canada and Greenland
Business & Finance

Husky Hires Seadrill’s Newbuild Rig for Operations in Canada and Greenland

Seadrill has received a Letter of Award from Husky Oil Operations Limited for a new five-year contract for the newbuild harsh environment semi-submersible rig West Mira for operations in Canada and Greenland. Total estimated revenue potential for the contract, including mobilization and performance

about 14 years ago
ECO-Assistant Receives Lloyd’s List Asia Award (Singapore)
Business & Finance

ECO-Assistant Receives Lloyd’s List Asia Award (Singapore)

The trim optimisation software tool ECO-Assistant, has won the Environment Award at the Lloyd’s List Asia Awards 2012. Developed by FutureShip, the maritime consulting arm of classification society Germanischer Lloyd (GL), the award celebrated ECO-Assistant’s instant effect in reducing the fuel cons

about 14 years ago
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