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Business & Finance

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Russia: Novorossiysk Commercial Sea Port Announces Crane Upgrade
Business & Finance

Russia: Novorossiysk Commercial Sea Port Announces Crane Upgrade

Novorossiysk Commercial Sea Port Group (“NCSP Group” or the “Group”) announces that on 6 August 2012 its Board of Directors has approved leasing contracts for seven new cranes. The two LIEBHERR LHM 550 mobile harbour cranes have a lifting capacity of 124 tones and are planned to be used for containe

about 14 years ago
GulfMark Orders Two Platform Supply Vessels from BAE Systems (USA)
Business & Finance

GulfMark Orders Two Platform Supply Vessels from BAE Systems (USA)

GulfMark Americas, Inc. has selected BAE Systems’ shipyard in Mobile, Alabama to build two new platform supply vessels that will serve offshore drilling operations. The contract reflects continued growth in U.S. commercial shipbuilding for BAE Systems and a major step forward in the company’s suppor

about 14 years ago
USA: GulfMark Orders Two PSV Vessels from BAE Systems
Business & Finance

USA: GulfMark Orders Two PSV Vessels from BAE Systems

GulfMark Americas, Inc. has selected BAE Systems’ shipyard in Mobile, Alabama to build two new platform supply vessels that will serve offshore drilling operations. The contract reflects continued growth in U.S. commercial shipbuilding for BAE Systems and a major step forward in the company’s suppor

about 14 years ago
IHC Merwede to Showcase Its Innovative Vessels at SMM (Germany)
Business & Finance

IHC Merwede to Showcase Its Innovative Vessels at SMM (Germany)

As a global market leader for dredging and wet mining vessels and equipment, and a reliable supplier of custom-built ships and products for offshore construction, IHC Merwede will be among the leading exhibitors at SMM 2012. The biennial international trade fair for Shipbuilding, Machinery & Marine

about 14 years ago
Germany: IHC Merwede to Exhibit at SMM 2012
Business & Finance

Germany: IHC Merwede to Exhibit at SMM 2012

As a global market leader for dredging and wet mining vessels and equipment, and a reliable supplier of custom-built ships and products for offshore construction, IHC Merwede will be among the leading exhibitors at SMM 2012. The biennial international trade fair for Shipbuilding, Machinery & Marine

about 14 years ago
Germany: Tognum to Develop More Environmentally Friendly Engines for Ships
Business & Finance

Germany: Tognum to Develop More Environmentally Friendly Engines for Ships

KfW IPEX-Bank is participating with EUR 50 million in the financing of a research project by Tognum AG, one of the leading suppliers of propulsion and power generation systems. The remainder of the EUR 400 million project is financed by Tognum itself and by the European Investment Bank (EIB). The fu

about 14 years ago
Germany: IHC Merwede to Exhibit at SMM 2012
Business & Finance

Germany: IHC Merwede to Exhibit at SMM 2012

As a global market leader for dredging and wet mining vessels and equipment, and a reliable supplier of custom-built ships and products for offshore construction, IHC Merwede will be among the leading exhibitors at SMM 2012. The biennial international trade fair for Shipbuilding, Machinery & Marine

about 14 years ago
National Oilwell Varco to Buy Robbins & Myers for USD 2.5 Bln (USA)
Business & Finance

National Oilwell Varco to Buy Robbins & Myers for USD 2.5 Bln (USA)

National Oilwell Varco, Inc. and Robbins & Myers have entered into an agreement under which National Oilwell Varco will acquire Robbins & Myers, Inc. (NYSE:RBN) in an all cash transaction that values Robbins & Myers at approximately $2.5 billion. Under the agreement, Robbins & Myers’ shareholders wi

about 14 years ago
Saipem Bags Drilling Contract Offshore Gabon
Business & Finance

Saipem Bags Drilling Contract Offshore Gabon

Panoro Energy ASA, the independent oil and gas company with assets in West Africa and Brazil, has announced that the operator has secured the use of a semi-submersible drilling unit, to drill the Tortue prospect on the Dussafu Marin Permit, offshore Gabon. The drilling unit, the Scarabeo 3, is owned

about 14 years ago
Government of Panama Approves Canal Toll Increase
Business & Finance

Government of Panama Approves Canal Toll Increase

Following the recommendation from the Board of Directors of the Panama Canal Authority (ACP), the Cabinet Council of the Government of the Republic of Panama approved yesterday the proposal to restructure the Panama Canal’s pricing system. “The new tolls structure was conceived in accordance with th

about 14 years ago
DNV’s Students Present Arctic Oil Spill Response System
Business & Finance

DNV’s Students Present Arctic Oil Spill Response System

DNV’s summer students yesterday presented the results of seven weeks of intense and targeted work to develop a realistic and suitable concept for a year-round Arctic oil spill response system, including requirements for people, vessels and equipment. DNV’s summer project is an annual programme organ

about 14 years ago
New Decree Allows CYGAM to Get Back to Work Offshore Italy
Business & Finance

New Decree Allows CYGAM to Get Back to Work Offshore Italy

CYGAM Energy Inc. , an emerging oil and gas company with interests in Tunisia and Italy, has announced the following update regarding the current drilling moratorium offshore Italy. The Italian government published Legislative Decree 83/2012 (the “Decree”) on June 26, 2012 in the Italian Official Ga

about 14 years ago
Germany: Windreich Welcomes Change in Ownership Fuhrländer
Business & Finance

Germany: Windreich Welcomes Change in Ownership Fuhrländer

Dipl.-Wirt.-Ing. (FH) Willi Balz, Windreich AG, is the second largest shareholder of Fuhrländer AG with headquarters in Liebenscheid (Siegerland), and welcomes the change of ownership of Germany’s oldest wind turbine manufacturer and emphasis: The new owner structure ensures the future of the tradit

about 14 years ago
Papua New Guinea: Nautilus Gets 20-Year Mining Licence
Business & Finance

Papua New Guinea: Nautilus Gets 20-Year Mining Licence

Canadian firm Nautilus Minerals has been awarded a 20-year licence by Papua New Guinea’s Government to begin deep sea mining within the Solwara 1 project. As The Guardian reports, Nautilus will mine an area of 1.6km beneath the Bismarck Sea, 50km off the coast of the PNG island of New Britain. The l

about 14 years ago
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