On 22nd August 2012, COSCO International announced 2012 interim results, and held 2012 interim results press conference and analyst meeting. Mr. Ye Weilong, Chairman of COSCO International, Mr. Zhang Liang, Vice Chairman of COSCO International, Mr. Xu Zhengjun, Managing Director of COSCO Internation
On August 15, 2012 Yaroslavl Shipyard (Private Joint Stock Management Company “VP FINSUDPROM”) put into operation seagoing diving vessel “Rybinsk” (building No is of 204) of SDS08 project for state customer. Vessel was built for FSUC State Maritime Salvage Department under the order of Federal Agenc
On Saturday August 18, 2012, the Greater Houston Port Bureau honored Jerry Nagel, chairman of the board of Rickmers-Linie (America), as the 2012 Maritime Person of the Year. Three speakers shared their experiences with Jerry Nagel throughout the years. Gerhard Janssen, Director Marketing & Sales at
The Statnett Group reports profit after tax of NOK 187 million in the second quarter of 2012. The corresponding figure for the same period in 2011 was NOK 126 million. Profit after tax for the first half of 2012 was NOK 452 million, compared to NOK 520 million for the first half of 2011. Profit [&he
The U.S. Army Corps of Engineers, Vicksburg District, recently awarded phase 2 of the Steele Bayou Channel Relocation to Tri-County Contractors, Inc. of Jackson, Mississippi. The work is part of the flood control efforts in the Yazoo River Basin and will consist of constructing the Steele Bayou chan
Reef Subsea has announced that it is set to fully rebrand and align its companies in Norway-namely Technocean and Scanmudring-Rotech Subsea – to position itself as a dynamic and integrated contractor in the subsea market. Coupled with an extension of its geographical footprint, the Group is well pos
AGR Group (AGR) announced that it will be exhibiting to its clients and partners at the AGR stands at this years’ ONS2012. The stand at the hall H will be dedicated to their two innovations MPC and EC-Drill. These technologies of their EDS division are also nominated for this years’ ONS Innovations
Ramboll’s revenue grew by 11% to DKK 3.9 billion during the first six months of 2012. Operating profit before goodwill amortisation (EBITA) was DKK 231 million, which was 63% higher than the same period last year. Ramboll achieved all-time high revenue of DKK 3,886 million during the first six month
Statoil has on behalf of all exploration and production licenses awarded a four-year contract for electric wireline logging services on the Norwegian continental shelf (NCS) to Schlumberger. “High quality logging services is fundamental to characterise reservoirs in the exploration and production ph
A huge car carrier which has dominated the skyline at Falmouth Docks during August left the port, signaling the end of another successful ship repair contract for A&P Falmouth. M/V Autosky, which is capable of carrying 2,080 cars and commercial vehicles, has been in dock since August 2 for a range o
SeaRobotics Corporation announces that it has partnered up with a private equity group to fund the expansion of the company’s core business. According to ocean-news.com, the expansion includes the production of Unmanned Surface Vessels (USVs), the commercialization of the Robotic Hull Cleaning syste
Executives from Caterpillar Inc. and leaders from the state of Texas celebrated the grand opening of Caterpillar’s state-of-the-art hydraulic excavator facility in Victoria, Texas. The new, 1.1 million-square-foot operation represents a $200 million investment by Caterpillar to increase excavator ca
A&P North East recently welcomed a number of clients to their two facilities, one on the Tees near Middlesbrough and one on the Tyne near Newcastle. Among those visiting the Tyne yard were Van Oord, with their vessel Ham 601. Arriving towards the end of July for a short stay the vessel underwent str
A report on wind energy mergers and acquisitions (M&A) and venture capital (VC) funding has been issued by Mercom Capital Group, saying that M&A and VC funding decreased in the second quarter (Q2) of 2012, although the large-scale project funding turned in a strong quarter. The large-scale wind powe
