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Business & Finance

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Evergreen Commences New Yangon Feeder Service
Business & Finance

Evergreen Commences New Yangon Feeder Service

In response to increasing market demand for feeder space, Evergreen Line will commence the new Straits-Yangon (Myanmar) service (referred to as SYS) from late August. Evergreen will exchange space with Advance Container Lines (ACL) in its Yangon routes to increase the frequency of feeder connections

about 14 years ago
Italy: TITAN, Micoperi Present Costa Concordia Wreck Removal Plan
Business & Finance

Italy: TITAN, Micoperi Present Costa Concordia Wreck Removal Plan

The Italian-American Consortium, TITAN/Micoperi, presented the detailed engineering and design plan for the removal of the wreck Costa Concordia to representatives from Osservatorio during a regularly scheduled meeting on Monday, August 13, 2012. The presentation confirmed the previously presented a

about 14 years ago
NOAA Office of Coast Survey Names New Director (USA)
Business & Finance

NOAA Office of Coast Survey Names New Director (USA)

Following his promotion from captain to rear admiral, Gerd Glang was named as director of the NOAA Office of Coast Survey and the… [mappress] Source: NOAA , August 15, 2012; Image: NOAA

about 14 years ago
Swiber Revenue Rises 27.1 Pct (Singapore)
Business & Finance

Swiber Revenue Rises 27.1 Pct (Singapore)

Swiber Holdings Limited, a world class integrated construction and support services provider to the offshore oil and gas industry, reported a 66.0 % surge in net profit to US$20.9 million for the three months ended June 30, 2012 (“2Q2012”). This was achieved on the back of a 27.1% increase in revenu

about 14 years ago
Strong Demand for Maersk Drilling Rigs
Business & Finance

Strong Demand for Maersk Drilling Rigs

Several new contracts and an order for a newbuild jack-up in the second quarter of 2012 reinforce Maersk Drilling’s growth strategy and its ambition to become a significant and stable contributor to the A.P. Moller – Maersk Group’s profit. Maersk Drilling’s profit in the second quarter of 2012 was U

about 14 years ago
Unique Maritime to Use Seaflex’s Weights (Australia)
Business & Finance

Unique Maritime to Use Seaflex’s Weights (Australia)

Unique Maritime Group, one of the world’s leading integrated turnkey subsea and offshore solution providers, today announced a project, involving Seaflex WaterLoad Test Weights in Victoria, Australia. Seaflex Ltd is a specialist in marine buoyancy products and water filled test weights. Headquartere

about 14 years ago
Germany: JDR Supplies Subsea Cables for Meerwind Sud/Ost Offshore Wind Farm
Business & Finance

Germany: JDR Supplies Subsea Cables for Meerwind Sud/Ost Offshore Wind Farm

JDR announced the company has been selected by WindMW GmbH as a partner for the Meerwind Sud/Ost Offshore Windfarm. The project will use 80 wind turbines to generate 288 megawatts of electricity and will be located approximately 23km north of the island of Helgoland, with completion planned for 2013

about 14 years ago
Singapore: Jurong to Build Semisubmersible Rig for Diamond Offshore
Business & Finance

Singapore: Jurong to Build Semisubmersible Rig for Diamond Offshore

Diamond Offshore Drilling, Inc. announced that a subsidiary has entered into a contract with Jurong Shipyard of Singapore to build a moored semisubmersible rig with delivery scheduled for the second quarter of 2014. Total cost for the project is expected to be approximately $370 million, including c

about 14 years ago
Diamond Offshore Orders Rig in Singapore
Business & Finance

Diamond Offshore Orders Rig in Singapore

Diamond Offshore Drilling, Inc, a U.S. based drilling contractor, has entered into a contract with Jurong Shipyard of Singapore to build a moored semisubmersible rig with delivery scheduled for the second quarter of 2014. Total cost for the project is expected to be approximately $370 million, inclu

about 14 years ago
ABPmer Moves to New Office (UK)
Business & Finance

ABPmer Moves to New Office (UK)

Leading marine environmental consultancy, ABP Marine Environmental Research Ltd (ABPmer), has moved to the new Quayside Suite on Town Quay. Effective immediately, the company is now operating from Medina Chambers and their previous office in Waterside House has closed its doors. The new office offer

about 14 years ago
Germany: LNG Hybrid Barge to Supply AIDAsol with Electrical Energy
Business & Finance

Germany: LNG Hybrid Barge to Supply AIDAsol with Electrical Energy

In 2013, the AIDAsol will be supplied with electrical energy by an LNG (liquefied natural gas) hybrid barge from Becker Marine Systems while berthed in the port of Hamburg. AIDA Cruises and Becker Marine Systems have jointly developed, with other partners, a pioneering project for an energy-saving a

about 14 years ago
India: Mercator Posts Financial Results for Quarter Ended June 2012
Business & Finance

India: Mercator Posts Financial Results for Quarter Ended June 2012

Mercator Limited announced its un-audited financial results for the quarter ended June 30, 2012. The total consolidated income for the Q1FY13 was Rs. 1095 Cr. against Rs. 799 Cr. during Q1FY12 recording an increase of 37% on YOY basis. The operating profit (PBIDT) at Rs. 182 Cr increased by 18% comp

about 14 years ago
UK: Tritech Develops RAMS™ System for FPSO
Business & Finance

UK: Tritech Develops RAMS™ System for FPSO

Tritech, the underwater technology specialist, has developed its 360° real-time anchor-chain and riser integrity system for Floating Production Storage and Offloading Units (FPSOs) to include a full design service that ensures optimum deployment. A field-proven technology, RAMS™ offers continuous mo

about 14 years ago
Tritech Develops RAMS™ FPSO Technology (UK)
Business & Finance

Tritech Develops RAMS™ FPSO Technology (UK)

Tritech, the underwater technology specialist, has developed its 360° real-time anchor-chain and riser integrity system for Floating Production Storage and Offloading Units (FPSOs) to include a full design service that ensures optimum deployment. A field-proven technology, RAMS™ offers continuous mo

about 14 years ago
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