MHF, a leading provider of packaging, transportation, logistics and technical services of environmentally sensitive materials, recently announced that it is expanding locations for the transfer of hard and soft-sided packaging from trucks to railcars. MHF is well known in the hazardous and radioacti
Osiris Marine Services announce successful completion of diving works on the Lincs Offshore Wind Farm. Supporting offshore foundations market leader MT Højgaard with Diving, ROV, Confined space and tower climbing services continuously for 18 months, Osiris Marine Services played a significant role i
OSIL announced the launch of a Vessel Motion Monitoring System (VMMS), a system designed to monitor motion of a vessel in order to increase safety of transfers during offshore wind farm operations. With a second generation 6 DoF (Degrees of Freedom) motion sensor, the Vessel Motion Monitoring System
Aberdeen-based subsea installation contractor Bibby Offshore has announced it will increase staff numbers by a further 60 as it takes over ownership of the Dive Support Vessel (DSV) Toisa Polaris. The vessel came under the control of Bibby Offshore in January 2012 on a two-year time charter with opt
Aberdeen-based subsea installation contractor Bibby Offshore has announced it will increase staff numbers by a further 60 as it takes over ownership of the Dive Support Vessel (DSV) Toisa Polaris. The vessel came under the control of Bibby Offshore in January 2012 on a two-year time charter with opt
Navios Maritime Acquisition Corporation, an owner and operator of tanker vessels, announced that the Nave Cetus, a new building LR1 product tanker vessel of 74,581 dwt, was delivered on October 30, 2012 from a South Korean shipyard. Nave Cetus has been chartered out to a high quality counterparty fo
Globe Telecom recently confirmed that it has successfully interconnected Boracay through fiber optics, effectively boosting the connections and strengthening the network coverage of the internationally-renowned island. This was accomplished through the Boracay Submarine Cable System, a two-kilometer
Earnings before interest, tax, depreciation and amortisation (EBITDA) amounted to NOK 109 million, including a net positive effect of NOK 42 million from the sale of EPC Center in Houston. Excluding the effect from the sale, the EBITDA margin was 2.8 percent in the quarter. The order backlog amounte
We live in a time of constant change and change is very much the topic of the 2nd Annual IMarEST Founders’ Lecture, in association with ClassNK, being given by Dr Martin Stopford, President, Clarkson Research, on Tuesday 20 November 2012. “Dr Stopford is taking the question ‘Can shipping meet the ch
Det norske oljeselskap ASA reports an increase in contingent resources in the third quarter due to the Geitungen discovery, which now constitutes part of the Johan Sverdrup discovery. The Ivar Aasen project made good progress in the quarter, and Plan for Development and Operation (PDO) will be submi
Summary of meetings with key players in the EU Commission and the Norwegian delegation for the EU on 20 September was one of the topics at the Safety Forum’s meeting in Brussels on 21 September. In addition, mutual information and updates were provided as regards on-going issues, and the Safety Foru
Wave energy’s great potential to surge in the UK’s and Scottish energy mix gave Pelamis Wave Power Ltd. a push to discuss partnership with a number of companies in order to expand its business. Founder and director of the wave energy developer, Richard Yemm, told Bloomberg that the company is prepar
Leading classification society ABS has signed a Memoranda of Understanding (MOUs) with several Korean entities to advance local research and development (R&D) efforts. On 19 October 2012, ABS President and CEO Christopher J. Wiernicki signed an MOU with the Korea Gas Corporation (KOGAS) to join in i
Trident Energy, the independent developer of generator solutions for the offshore renewable energy industry, today announces the close of a funding round with new investors and existing shareholders. The new investment comes from the Low Carbon Innovation Fund (LCIF) and members of the London Busine
