Marine solutions company, Offshore Marine Management (OMM) has recently been awarded a three (3) year survey frame agreement from TenneT Offshore GmbH. The Survey & Subsea department of OMM will fully support the agreement, which commences with immediate effect, from their Cambridge Operations offic
The first of four Crowley Maritime Corporation ocean class tugboats, Ocean Wave, completed its inaugural project earlier this month by removing a grounded containership from the northern coast of Cuba. The job is additionally significant because it utilized many of Crowley’s unique capabilities, equ
TGS reports net revenues of USD 245 million in Q3 2012, compared to USD 136 million in Q1 2011, a 53% increase. This is the highest quarterly revenue figure in the Company’s history. Net late sales totaled USD 139 million, up 53% from Q3 2011. TGS’ operating profit (EBIT) was USD 101.3 million (41%
Dockwise subsidiary Fairstar Heavy Transport N.V. today announces the commissioning of a new Type 1 Vessel to be named White Marlin and the christening of its most recent new-build vessel, Finesse. On acquiring Fairstar Heavy Transport N.V. in July 2012, Dockwise took charge of a set of vessel devel
Xiangyu Dredging Holdings Limitedis has announced that the wholly owned subsidiary, Jiangsu Xingyu Port Construction Company Limited reached an additional contract to provide reclamation dredging services in connection with the reclamation project at Long Port Development Area of Longkou City, Shand
Egypt’s National Institute of Oceanology and Fisheries (NIOF) has chosen a Tiger ROV from Saab Seaeye as their preferred vehicle to undertake a range of studies in the Mediterranean. The NIOF chose the Tiger over other makes of ROV as it can handle the strong currents of the Mediterranean and dive t
The Board of Directors of DONG Energy has today approved the interim financial report for the first nine months of 2012 with the following outlook and financial highlights compared with the first nine months of 2011: EBITDA for the first nine months of 2012 was DKK 6.7 billion compared with DKK 11.7
SeaBird Exploration Plc (“SeaBird”) announces that the company has secured a continuous campaign for the Voyager Explorer that will keep the vessel occupied until May 2013. The campaign consists of 8 back-to-back contracts in the Asia Pacific region and has a total value in excess of USD 30 million.
Great Lakes Dredge & Dock Corporation announced that it will release its financial results for the three and nine months ended September 30, 2012 on Tuesday, November 6, 2012 at 7:00 a.m. C.S.T. A conference call with the Company will be held the same day at 9:00 a.m. C.S.T. Great Lakes Dredge & Doc
Statoil has exercised a two-year contract option with Aker Solutions for provision of mechanical wireline services on Statoil operated fields and mobile drilling units on the Norwegian continental shelf. The initial three-year contract period started in 2009. Statoil has now exercised the first of t
Washington Trust’s Commercial & Industrial Lending Group has provided $7.5 million in both short- term and permanent financing to Quonset Development Corporation of North Kingstown, RI for a dredging project to increase the channel depth and expand shipping capabilities at the Port of Davisville in
Statoil has exercised a two-year contract option with Aker Solutions for provision of mechanical wireline services on Statoil operated fields and mobile drilling units on the Norwegian continental shelf. The initial three-year contract period started in 2009. Statoil has now exercised the first of t
Partrac participated at last week’s Dredging 2012 conference and exhibition in San Diego, California. Dr. Kevin Black presented Partrac’s unique dual signature tracer particle tracking technique in a presentation entitled, “Everything Goes Somewhere: Tracking the Movement of Dredged Sediments in Por
In October, Cargotec received a large order to deliver MacGregor RoRo cargo access equipment for four 45,000 dwt container/RoRo vessels for Italian container shipping specialist, Ignazio Messina & C. S.p.A. The ships will be built at the STX Jinhae shipyard in Korea and the MacGregor RoRo equipment
