DP World further strengthened its relationship with India’s premier gateway port, Jawaharlal Nehru Port, yesterday with the ceremonial presentation and formal acceptance of the Letter of Award for the 330 metre new terminal project by DP World Chairman HE Sultan Ahmed Bin Sulayem and port Chairman S
The latest Applied Acoustics’ S-Boom sub-bottom profiling system is making quite an impact at the SEG show in Las Vegas. Its novel design, three boomer plates connected in series on a single catamaran, has already proved hugely successful in Northern European waters so it’s now being introduced to U
Sercel has added SeaPro Design, a new marine survey design software module, to extend the range of capabilities available in SeaPro Nav Suite, its proven marine navigation software portfolio. SeaPro Design is a highly versatile tool for generating everything from simple geometry to complex designs f
Raytheon Company has been awarded a $22.5 million U.S. Navy contract for the Ship Self-Defense System. With this award, Raytheon will continue system development, test and integration, as well as Platform Systems Engineering Agent (PSEA) services and support for fleet-deployed systems. SSDS is an op
Alam Maritim (M) Sdn Bhd, subsidiary of investment holding company Alam Maritim Resources Berhad announced yesterday, on November 5th 2012, that it has secured contract for the provision of one anchor handling tug supply vessel (AHTS) from Carigali Hess Operating Company Sdn Bhd The agreed duration
Alcatel-Lucent has announced the intention to sell its submarine cable business and a unit that supplies telephone systems to big companies, Reuters reported. According to Goldman Sachs analysts, the sale of the two businesses could raise up to 400 million euros. Alcatel-Lucent’s submarine business
Apply has been awarded a contract from Statoil for upgrade of the fire and gas detection systems on the Statfjord B and C platforms in the North Sea. The contract includes upgrade and change-out of control systems, field instrumentation and cables on the platforms. Extended life of offshore installa
Malaysia’s offshore services provider Alam Maritim Resources Berhad yesterday, November 5, announced on the Bursa Malaysia that it has secured a contract from Carigali Hess. The contract, worth USD 7,04 million, is for the provision of one Anchor Handling Tug Supply Vessel (AHTS). The vessel is expe
Ocean Power Technologies, Inc. (OPT), a leading wave energy technology company, announced the formation of an Autonomous PowerBuoy Business Unit within the Company. This new group will target and develop opportunities in the large potential market for OPT’s non-grid-connected PowerBuoys. While OPT c
McDermott International, Inc. yesterday, November 5, reported income of $50.6 million, or $0.21 per diluted share, for the 2012 third quarter. The results of the 2012 third quarter compare to income from continuing operations of $9.8 million, or $0.04 per diluted share, in the corresponding period o
Ocean Power Technologies, Inc. (OPT), a leading wave energy technology company, today announced the formation of an Autonomous PowerBuoy Business Unit within the Company. This new group will target and develop opportunities in the large potential market for OPT’s non-grid-connected PowerBuoys. While
Ocean Power Technologies, Inc. (OPT), a leading wave energy technology company, today announced the formation of an Autonomous PowerBuoy Business Unit within the Company. This new group will target and develop opportunities in the large potential market for OPT’s non-grid-connected PowerBuoys. While
Great Lakes Dredge & Dock Corporation, the largest provider of dredging services in the United States and a major provider of commercial and industrial demolition and remediation services, today reported financial results for the quarter and nine months ended September 30, 2012. Chief Executive Offi
Diana Containerships Inc., a global shipping company specializing in owning and operating containerships, today announced that it has signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement with Neptune Orient Lines Ltd. for the purchase of a 1995-built Panamax container vessel
