The Board of Seadrill, one of the world’s largest drilling contractors, has announced plans to implement a new management structure to ensure continued safe and efficient operations and support its global strategy. Since acquiring Smedvig ASA in 2006 Seadrill has operated its management service comp
The U.S. Army Corps of Engineers Sacramento District awarded five levee construction contracts to small businesses, totaling $16,213,075 for flood risk reduction work along the American River in Sacramento. All five contracts were awarded Sept. 24-30, 2012, to U.S. Small Business Administration 8(a)
Transas-Naval Academy partnership started in 2001 when Transas Marine supplied its Navigational, later Engine Room and GMDSS simulators to the Academy. In July 2012, Transas Marine has signed a contract with the Nikola Vaptsarov Naval Academy for the extension and upgrade of the Transas Navigational
Helix Energy Solutions Group’s newbuild charter ROV support vessel, Grand Canyon, recently completed sea trials and is ready to begin operations in the North Sea. During the sea trials the vessel’s propulsion system, dynamic positioning system and all her cranes were tested. The vessel recently comp
BMT JFA Consultants (BMT), a subsidiary of BMT Group Ltd, the leading international engineering and risk management consultancy, has been commissioned by Pilbara Iron Company Pty Ltd (part of the Rio Tinto Group) to provide specialist dredging consultancy services. The primary objective of this work
After extensive trials by the German Bundeswehr Technical Center for Ships and Naval Weapons (WTD 71) in Eckernfoerde, the Federal Office of Defence Technology & Procurement (BWB) in Koblenz has placed a contract for six REMUS 100 Autonomous Underwater Vehicles manufactured by Hydroid, Inc. (a Kongs
Helix Energy Solutions Group’s newbuild charter ROV support vessel, Grand Canyon, recently completed sea trials and is ready to begin operations in the North Sea. During the sea trials the vessel’s propulsion system, dynamic positioning system and all her cranes were tested. The vessel recently comp
The $1.6 billion redevelopment of the Port of Melbourne reached a major milestone today, with Premier Ted Baillieu officially inviting expressions of interest seeking operators for the new Webb Dock container terminal, automotive terminal and Pre Delivery Inspection (PDI) Hub. “Melbourne is Australi
Today TORM announces that the company has signed Restructuring Agreement with its Banks and time charter partners. “The restructuring agreement secures TORM substantial deferral of bank debt, new liquidity and savings from the restructured time charter book. This will enable TORM to become cash flow
To strengthen its three business areas’ leading position, Cargotec announced in September that it will develop its governance model towards an organisation driven by three business areas Marine, Terminals and Load Handling. The role of Cargotec’s global support functions and corporate functions is p
Private Maritime Security expert Sea Marshals has gained ISO9001:2008 approval in a month which saw the company protect a record number of vessels transiting the Gulf of Aden – up 22% on the previous month. To cope with this increasing demand the company has hired 20 additional qualified ex-military
DNV has developed a new class notation for seismic vessels in consultation with key industry players such as WesternGeco, PGS and Fugro-Geoteam. The need to have enhanced redundancy and proper deck arrangements to ensure continuous operation without loss of speed is the backbone of these new technic
CGX Energy Inc. has entered into an agreement that may lead to the farm-out of 5% of its 25% participating interest in the Georgetown Block to Repsol Exploración S.A. The agreement is subject to Government of Guyana approval. If approved, the revised interest, effective September 1, 2012, in the Geo
Gulftainer, the largest privately owned port operator in the world, is participating in the Terminal Operations Conference & Exhibition Container Supply Chain: Middle East (TOC ME) – the longest-running series of trade events for international shipping, port and terminal communities in the world – w
