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Business & Finance

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IMO: Statement of Concern Regarding Iron Fertilization Incident Off Canada
Business & Finance

IMO: Statement of Concern Regarding Iron Fertilization Incident Off Canada

Parties to the international treaties which regulate the dumping of wastes and other matter at sea have issued a statement of concern regarding the deliberate ocean fertilization activity that was recently reported to have been carried out in July of 2012 in waters off the west coast of Canada. The

about 14 years ago
CRP Congratulates Namibian Marine Phosphate on Getting Mining Licence
Business & Finance

CRP Congratulates Namibian Marine Phosphate on Getting Mining Licence

Chatham Rock Phosphate congratulated Namibian Marine Phosphate on news it has received a mining licence from that country’s Ministry of Trade and Industry. “It’s an exciting global milestone for the industry,” CRP chief executive Chris Castle said. “We hope to be in a similar position within a few m

about 14 years ago
Bahri, Saudi Aramco Execute Transaction Agreements for Merger of Vela’s Fleet
Business & Finance

Bahri, Saudi Aramco Execute Transaction Agreements for Merger of Vela’s Fleet

The National Shipping Company of Saudi Arabia (“Bahri”) announces today that Bahri, the Saudi Arabian Oil Company (“Saudi Aramco”) and Vela International Marine Limited (“Vela”), a wholly owned subsidiary of Saudi Aramco, have executed definitive and legally binding agreements (the “Transaction Agre

about 14 years ago
France: CGGVeritas Reports Third Quarter Results
Business & Finance

France: CGGVeritas Reports Third Quarter Results

CGGVeritas announced its non-audited third quarter 2012 consolidated1 results. All comparisons are made on a year-on-year basis unless stated otherwise. Third quarter results – Revenue totaled $855 million, up 7% – Operating income increased by 17% to $114 million, a 13% margin – Services operating

about 14 years ago
MacDermid Offshore Solutions Bags Ichthys Contract
Business & Finance

MacDermid Offshore Solutions Bags Ichthys Contract

MacDermid Offshore Solutions Australia has been awarded a contract for the supply of subsea hydraulic control fluids to the INPEX-operated Ichthys LNG Project in the Browse Basin offshore Western Australia. Support for the project will come from MacDermid’s technical support centre in Western Austra

about 14 years ago
EPA Completes Grants Cleanup System (USA)
Business & Finance

EPA Completes Grants Cleanup System (USA)

Environmental Protection Agency (EPA) and the New Mexico Environment Department marked the completion of a new system to address contamination from a plume of chemicals in Grants, New Mexico. The chemicals, called chlorinated solvents, are believed to have come from a dry-cleaning business. The cont

about 14 years ago
Oman: NFC Orders New ROPAX Catamarans for Shannah-Masirah Route
Business & Finance

Oman: NFC Orders New ROPAX Catamarans for Shannah-Masirah Route

The signing of the shipbuilding contract for two ROPAX Catamarans for Shannah Masirah run was unveiled and announced, few days ago, by National Ferries Company’s Chairman, Mr. Mehdi Al Abduwani. Mr. Mehdi informed the press that the shipbuilding contract was a by-product of an International Tender t

about 14 years ago
UAE: Great Future for Khalifa Port
Business & Finance

UAE: Great Future for Khalifa Port

ADPC hosted nearly twenty different stakeholder bodies in October as part of its powerful plan to update partners on the developments at Khalifa Port since the commencement of commercial operations at the container terminal on 1st September. The ADPC initiative has been widely welcomed by key player

about 14 years ago
Singapore: Keppel Shipyard Enters Term Sheet Agreement for LNG Conversion
Business & Finance

Singapore: Keppel Shipyard Enters Term Sheet Agreement for LNG Conversion

Keppel Shipyard Ltd (Keppel Shipyard) has entered into a term sheet agreement with Golar LNG Ltd (Golar LNG), to work together on the conversion of up to three LNG vessels into Floating LNG (FLNG) vessels worth US$600m. This term sheet agreement requires Keppel Shipyard to start with a Front-End Eng

about 14 years ago
Germany: PNE WIND’s EBIT Increases to EUR 24.9 Million
Business & Finance

Germany: PNE WIND’s EBIT Increases to EUR 24.9 Million

The wind farm project developer, PNE WIND AG, achieved an excellent result for the first nine months of the 2012 financial year. During this period, the company realised a turnover amounting to EUR 80.9 million (previous year: EUR 33.1 million). The EBIT increased very significantly to EUR 24.9 mill

about 14 years ago
USA: Corps Begins St. Maries’ Levee System Repairs
Business & Finance

USA: Corps Begins St. Maries’ Levee System Repairs

The first steps toward repairing the St. Maries, Idaho, levee system kickoff this week when U.S. Army Corps of Engineers’ officials begin work to repair about 1,810 total feet of levee damage at three sites along the St. Joe River’s left bank. The $2.6 million federally-funded project is split into

about 14 years ago
USA: Wave Glider Transmits Real Time Weather Data Through Hurricane Sandy
Business & Finance

USA: Wave Glider Transmits Real Time Weather Data Through Hurricane Sandy

Liquid Robotics®, an ocean data service provider and developer of the Wave Glider®, the first wave powered autonomous marine robot, reports one of their Wave Gliders named Mercury battled through Hurricane Sandy and successfully piloted through winds up to 70 knots, all the while transmitting weathe

about 14 years ago
New Zealand: CRP Congratulates Namibian Phosphate Company
Business & Finance

New Zealand: CRP Congratulates Namibian Phosphate Company

Chatham Rock Phosphate today congratulated Namibian Marine Phosphate on news it has received a mining licence from that country’s Ministry of Trade and Industry. “It’s an exciting global milestone for the industry,” CRP chief executive Chris Castle said. “We hope to be in a similar position within a

about 14 years ago
BMT Secures Quad 204 FPSO Job (UK)
Business & Finance

BMT Secures Quad 204 FPSO Job (UK)

Page Europa has awarded a contract to BMT Scientific Marine Services Inc (BMT) to provide an Integrated Marine Monitoring System (IMMS) for the new Quad 204 FPSO that will replace BP’s Schiehallion FPSO operating West of the Shetland Islands. The IMMS will provide real-time data on the local meteoro

about 14 years ago
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