Bridge, the AIM and Oslo Axess listed oil and gas exploration and production company, has completed the acquisition of a 1.55% working interest in the producing Boa field from OMV (U.K.) Limited for an adjusted consideration of $18.1m (the “transaction”) with an effective date of 1 January 2012. The
The U.S. Army Corps of Engineers, Galveston District, awarded a contract in the amount of $2,351,700 to Manson Construction Co. for maintenance dredging of the Corpus Christi and Houston/Galveston entrance channels. The contractor will perform the work with the trailing suction hopper dredge “Baypor
The M/V Algobay, which is owned by Algoma Central Corporation, was renamed in honour of Radcliffe R. Latimer in a rededication ceremony in Port Colborne yesterday. The self-unloading bulk carrier, which transports commodities such as grain, coal, iron ore and gypsum to ports around the Great Lakes,
Lamprell, a leading provider of diversified engineering and contracting services to the onshore and offshore oil & gas and renewable energy industries, announces that Nigel McCue is standing down as Chief Executive and as a director of the Company. Peter Whitbread, former Chief Executive who was wit
The United Kingdom will soon be home to a very special Italian-built dredger designed by a British dredger operator specialising in marina dredging. The vessel, to be constructed by Italy’s leading dredger manufacturer, Italdraghe SpA (San Giovanni, Italy) and designed by Goodchild Marine Services L
While incidents of piracy decline off the Horn of Africa, an inestimable number of seafarers continue to bear the psychological impact of captivity by pirates. To describe their condition and to advise the maritime industry on how to care for affected individuals, the Seamen’s Church Institute (SCI)
Modus Seabed Intervention has endorsed the vision set out by the new norstec alliance to maximise the potential for offshore wind developments in the North Sea. The Darlington-based company became one of the first supply chain companies to join the network of 20 international businesses when the all
Inchcape Shipping Services (ISS), the world’s leading maritime services provider, has announced the appointment of Malcolm Tulip as Senior Vice President for Global Operational Excellence. The new position will involve Malcolm leading cross-company strategic initiatives, cultural change and continuo
Great Lakes Dredge & Dock Corporation announced Jonathan Berger, Chief Executive Officer, will be presenting at the Deutsche Bank 20th Annual Leveraged Finance Conference in Scottsdale, AZ on Thursday, October 11, 2012. The presentation is scheduled to begin at 10:05 a.m. (M.S.T.)/1:05 p.m. (E.D.T).
Executives from APM Terminals Callao and the Minister of Transport and Communications of Peru, Mr. Carlos Paredes were on hand to start the demolition of Patio Guadalupe – an old, abandoned train station to pave the way for a port modernization project vital to Peru’s economic growth. In the words o
Far Solitaire (UT 754 WP) has today Thursday 4 October been delivered from STX OSV Langsten to Farstad Supply AS, a wholly owned subsidiary of Farstad Shipping ASA. The vessel will commence a term charter contract with Statoil with a firm period of 3 months and further 3 monthly options. The long te
Hemisphere GPS introduces the Vector VS330™ and Vector VS131™ GPS compass products that provide high performance heading, position, heave, and attitude data. The new Vector products are designed for professional marine applications such as hydrographic and bathymetric surveys, dredging, oil platform
On Sept. 26, Managing GM Xu Lirong was invited to attend the construction commencement ceremony at Qin Huang Dao for the 76.000 DWT bulk carriers to be delivered to Shen Hua CS shipping company. The 76 K class vessels, to be built by CSIC’s Shanhaiguan Shipbuilding Heaving Industry Company Ltd, will
Dr Hideo Nishida, of the Japan Hydrographic Association, has been presented with the United Kingdom Hydrographic Office’s (UKHO) Alexander Dalrymple Award at a ceremony in London. Dr Nishida was honoured for his outstanding contribution to Hydrography over a long and illustrious career with the Japa