Polarcus Limited, a UAE-based owner of hi-tech seismic fleet has announced second quarter 2012 financial results. The second quarter 2012 was characterized by improved market conditions. This was reflected in the high utilization of 89% in the quarter. Revenues increased largely due to having two mo
On 28 July 2012, Haichuan 3 the first Chinese dual fuel vessel with hybrid power of diesel and LNG proofed by ship classification certification, unveiled its trial voyage at the Ezhou Guangda Shipping Company in Hubei Province. Haichuan 3 was sailing slowly out of the dock of Guangda shipyard and as
The European Marine Energy Centre today (Tuesday, July 31) welcomed the UK’s Energy and Climate Change Minister Greg Barker to its world-leading facilities in Orkney as part of a governmental visit to the region. EMEC – the only accredited wave and tidal test centre for marine renewable energy in th
Based in two North East England locations, an area known for its deep industrial heritage, A&P North East is a company with ship repair and conversion yards on the rivers Tyne and Tees. Part of the A&P Group which also includes A&P Falmouth where ship repair and conversion services have been taking
DHI Group’s research into long-term scour predictions has borne fruit in the form of a specialty tool – WiTuS. With WiTuS, it is now possible to model long-term predictions on scouring around monopile type foundations – structures which form the bases of majority of the current and planned offshore
Cal Dive International, Inc. announced today that it has entered into a 50/50 strategic partnership with Fugro for the long-term charter of the DP2 Toisa Paladin, a 2007 purpose built, DNV classed, diving support vessel. The charter party agreement with Toisa Pte Ltd will be shared equally between C
Houston-based Cal Dive International, Inc. announced today that it has entered into a 50/50 strategic partnership with Fugro for the long-term charter of the DP2 Toisa Paladin, a 2007 purpose built, DNV classed, diving support vessel. The charter party agreement with Toisa Pte Ltd will be shared equ
The North American Emission Control Area (ECA), under the International Convention for the Prevention of Pollution from Ships (MARPOL), comes into effect from 1 August 2012, bringing in stricter controls on emissions of sulphur oxides (SOx), nitrogen oxides (NOx) and particulate matter for ships tra
Karoon Gas Australia Ltd advises that at 06:00 hours (WST) today, troubleshooting of the BOP was being conducted on the sea floor. Since the last report, the BOP and marine riser were pulled from the hole for further testing and repairs on the deck of the rig. Following these repairs the BOP and mar
MISC informs that the monitoring of ‘hot spot’ areas onboard the vessel has been reduced and boundary cooling has stopped, enabling the authorities and industry experts engaged by the company to board the vessel to undertake inspection works. As of this morning, no further slick is seen emitting fro
Based in two North East England locations, an area known for its deep industrial heritage, A&P North East is a company with ship repair and conversion yards on the rivers Tyne and Tees. Part of the A&P Group which also includes A&P Falmouth where ship repair and conversion services have been taking
AMBAU Windservice GmbH, a subsidiary of AMBAU, one of the leading manufacturers of tower and steel foundation structures for offshore and onshore wind turbines, has signed a contract with DOTI to provide repair and maintenance work for its twelve 5 MW offshore wind turbines. The Nordic Market news s
The kick off meeting of the Joint Industry Project (JIP) Wind Jack was held on 19 July. Deltares will carry out this project together with MARIN and with engineering offices, ship builders, ship owners and contractors from The Netherlands, Belgium, Germany and Singapore. Within the Wind Jack Joint I
BP today reported its quarterly results for the second quarter of 2012. Underlying replacement cost profit for the quarter, adjusted for non-operating items and fair value accounting effects, was $3.7 billion, compared with $5.7 billion for the same period in 2011 and $4.8 billion for the first quar
