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Business & Finance

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South Korea: DSME Orders GE’s Propulsion Systems for 23 New LNG Ships
Business & Finance

South Korea: DSME Orders GE’s Propulsion Systems for 23 New LNG Ships

Reinforcing its role as a major supplier of electric propulsion technology for liquefied natural gas (LNG) ships, GE’s Power Conversion business recently received a series of new orders from South Korean companies Daewoo Shipbuilding & Marine Engineering and Hyundai Heavy Industries. The GE equipmen

about 14 years ago
Maersk Group: Changes in HR Organisation (Denmark)
Business & Finance

Maersk Group: Changes in HR Organisation (Denmark)

Senior Vice President for Group HR Bill Allen has decided to leave the A.P. Moller – Maersk Group and return to the USA after seven years in Denmark. His successor will be Lucien Alziari, whom brings a strong track record from major global companies, such as Avon and PepsiCo. “The past seven years w

about 14 years ago
Shell Extends Contract for KS Energy’s Accommodation Unit (UK)
Business & Finance

Shell Extends Contract for KS Energy’s Accommodation Unit (UK)

Singapore’s KS Energy Limited has announced that its subsidiary, Atlantic Rotterdam Limited, will continue its existing bareboat charter contract worth up to EUR 3 million for its jack-up offshore accommodation rig Atlantic Rotterdam for another 6 months. This is an extension to the contract signed

about 14 years ago
Sri Lanka Well Placed to Become New Maritime Centre, Says ClassNK Chairman
Business & Finance

Sri Lanka Well Placed to Become New Maritime Centre, Says ClassNK Chairman

The island’s location, big port construction projects and plans to expand its hub role, makes it well-placed to emerge as a new maritime centre like Singapore and Dubai, said Noboru Ueda, chairman and president of ClassNK. The Tokyo-based ship classification society Nippon Kaiji Kyokai, better known

about 14 years ago
North Sea Activity Spurs Major Traffic Rise at Aberdeen Harbour (UK)
Business & Finance

North Sea Activity Spurs Major Traffic Rise at Aberdeen Harbour (UK)

Aberdeen Harbour has recorded significant increases in traffic in the first six months of the year, as activity within the energy sector generally and the North Sea in particular continues to rise. Continued growth in the oil and gas sector was reflected in the increase in support vessels that used

about 14 years ago
GeoGlobal Stuck at Myra-1 Well (Israel)
Business & Finance

GeoGlobal Stuck at Myra-1 Well (Israel)

GeoGlobal Resources Inc. yesterday announced as the Operator of the Myra-1 well, that there has been a stuck pipe incident while drilling the well which could not be released. “As we could no longer continue the drilling according to the original plan, after consultation with the partners, we decide

about 14 years ago
Germany: BARD Reaches Agreement on Social Plan for CSC
Business & Finance

Germany: BARD Reaches Agreement on Social Plan for CSC

A mutually acceptable solution has been achieved over a balance of interests and a new social plan amid constructive negotiations between the management and the union of Cuxhaven Steel Construction CSC. The operational tasks of the CSC for the BARD Offshore 1 will be completed by 31 October 2012. Th

about 14 years ago
Germany: BARD Reaches Agreement on Social Plan for CSC
Business & Finance

Germany: BARD Reaches Agreement on Social Plan for CSC

A mutually acceptable solution has been achieved over a balance of interests and a new social plan amid constructive negotiations between the management and the union of Cuxhaven Steel Construction CSC. The operational tasks of the CSC for the BARD Offshore 1 will be completed by 31 October 2012. Th

about 14 years ago
Fenner Acquires Norwegian Seals
Business & Finance

Fenner Acquires Norwegian Seals

Fenner announces that its wholly owned subsidiary, Fenner Norway AS, has exchanged contracts to purchase 100% of the share capital of Norwegian Seals, a privately owned group of companies with operations in Norway and the UK. Norwegian Seals manufactures and distributes performance critical seals in

about 14 years ago
Proserv Secures Two Subsea Contracts in UK North Sea
Business & Finance

Proserv Secures Two Subsea Contracts in UK North Sea

Global-leading energy production technology services company Proserv has recently secured two major contract wins worth in excess of £6 million, underpinning the company’s fast-evolving international footprint. The multi-million pound deals with two of the North Sea’s most foremost oil and gas opera

about 14 years ago
BOEM: Deepwater Wind’s Proposed Transmission Project Moves Ahead (USA)
Business & Finance

BOEM: Deepwater Wind’s Proposed Transmission Project Moves Ahead (USA)

The Bureau of Ocean Energy Management announced a determination of no competitive interest for the construction of a transmission system between the Rhode Island coastline and Block Island, an important step in evaluating the transmission project proposed by Deepwater Wind that would deliver electri

about 14 years ago
Aberdeen Harbour Filled with Offshore Support Vessels (UK)
Business & Finance

Aberdeen Harbour Filled with Offshore Support Vessels (UK)

Aberdeen Harbour has recorded significant increases in traffic in the first six months of the year, as activity within the energy sector generally and the North Sea in particular continues to rise. Continued growth in the oil and gas sector was reflected in the increase in support vessels that used

about 14 years ago
Poland: PRS to Help Shipowners in Fulfilling BWT Control Requirements
Business & Finance

Poland: PRS to Help Shipowners in Fulfilling BWT Control Requirements

Polski Rejestr Statków offers assistance for shipowners in fulfillment by their ships of the requirements for the management and control of ship’s ballast water and sediments. The Convention will enter into force 12 months after its ratification by at least 30 States representing 35 per cent of worl

about 14 years ago
Subsea Firm ROVOP Receives Funding Boost (UK)
Business & Finance

Subsea Firm ROVOP Receives Funding Boost (UK)

A rapidly evolving and award winning new subsea business has secured £60,000 in public sector funding to support its business growth and expansion overseas. The cash boost from Scottish Enterprise and Scottish Development International will help ROVOP, based in Westhill, Aberdeenshire, to both explo

about 14 years ago
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