In fiscal 2012, Siemens achieved a seven percent gain in revenue and a strong profit. Income from continuing operations was €5.2 billion and thus in line with expectations. New orders declined ten percent year-over-year. “A strong fourth quarter enabled us to fulfill our expectations for fiscal 2012
The Ulupinar Series of compact ASD tugs has proven to be a very successful part of Sanmar’s portfolio, with 14 vessels in service; the first one delivered in 2007. After five years, the Sanmar board decided that some updates were needed and Robert Allan Ltd. was contracted to provide an updated desi
Cal Dive International, Inc. reported third quarter 2012 financial results and implementation of a company restructuring plan that includes cost saving measures and the placing of certain non-core assets up for sale. Third Quarter 2012 Results The Company reported a third quarter 2012 loss of $15.9
A half-acre field at Gas Works Park in Seattle will close until next spring for a project to add a layer of soil, upgrade irrigation and drainage, and establish a new lawn. The project is part of a larger plan being developed to clean up contaminated sediment at the bottom of Lake Union along the [&
QGOG Constellation S.A. (“QGOG Constellation”) announces that today the Laguna Star, a new ultra-deepwater drillship, arrived in Brazil. The unit will be operated by its subsidiary, Queiroz Galvão Óleo e Gás (“QGOG”), in water depths of up to 10,000 feet and well depths of up to 40,000 feet. It is e
APM Terminals has become a Charter Member of the Campbell Institute of the U.S.-based National Safety Council. “We see our membership in this internationally known safety advocate as a very natural extension of our own dedication to Safety Culture throughout the APM Terminals Global Terminal Network
Doedijns International, through a US subsidiary, supported by its shareholder IK Investment Partners (IK), has acquired the assets of Logan Industries International Corp. (Logan), an integrated engineering and manufacturing company based in Houston, Texas, which focuses on heavy hydraulic equipment
Greece-based Paragon Shipping Inc., a global shipping transportation company specializing in drybulk cargoes, yesterday announced that it has reached an agreement with Zhejiang Ouhua Shipbuilding Co., Ltd to postpone the delivery dates of the Company’s vessels under construction and to change the ap
Congressman Visclosky joined local officials and representatives from the U.S. Army Corps of Engineers (USACE) to commemorate the start of the dredging of the Indiana Harbor Ship Canal on Monday, October 29th. The Indiana Harbor Ship Canal is a federal navigable waterway, maintained by USACE and las
EMAS, the operating brand of Ezra Holdings, a leading global offshore contractor and provider of integrated offshore solutions to the oil and gas (O&G) industry, today celebrates its 20th Anniversary in the global offshore industry. This year has been an important year for EMAS as it begins to see f
Energy and sustainability advisory company DNV KEMA, the energy arm of DNV, has appointed the former President of Sweco Norway to the post of Scandinavia regional manager. Vibecke Hverven joins DNV KEMA on 1 December with more than seven years of experience as President of Sweco Norge, a leading mul
Energy and sustainability advisory company DNV KEMA, the energy arm of DNV, has appointed the former President of Sweco Norway to the post of Scandinavia regional manager. Vibecke Hverven joins DNV KEMA on 1 December with more than seven years of experience as President of Sweco Norge, a leading mul
The U.S. Army Corps of Engineers is hosting a Regulatory permitting workshop Nov. 27 from 6 to 9 p.m. at the Coos Bay Public Library, 525 Anderson Ave., Coos Bay, Ore. Corps of Engineers regulatory experts will share tips and answer questions related to the Regulatory permitting process to include p
Hallin Marine, a Superior Energy Services company, announces that its SOV Windermere subsea operations vessel is providing offshore support services in the Maleo gas field off Madura, East Java. Operating on behalf of a major Indonesian oil company, the Windermere is engaged in a wide range of platf
