Wilhelmsen Ships Service (WSS) is expanding and upgrading its service stations in Shanghai and Guangzhou in direct response to market demand for Fire, Rescue and Safety (FRS) services says Jason Chew, General Manager China. “As demand for professional Fire, Safety and Rescue services in China contin
Odfjell has today signed a ship building contract with Hyundai Mipo Dockyard., Ltd for construction of four chemical tankers of 46,000 DWT design draft with 22 coated cargo tanks. The new ships will have an eco-friendly design with less fuel consumption. Deliveries are scheduled between January and
Greenpeace researchers have discovered abundant corals where Shell hopes to begin Arctic offshore drilling this summer. The discovery raises questions why the Arctic corals are not adequately addressed in the environmental impact statement for Shell’s drilling program. Greenpeace submarine research
Nordic Yards, manufacturer of innovative special ships and major maritime projects, including for the offshore industry, completed the alterations to the Arctic container ship “Talnakh” as scheduled on July 27, 2012. The Russian mining concern Norilsk Nickel had commissioned the shipyard group to ca
Greenpeace submarine research at Shell’s proposed drill site in the Chukchi Sea has collected the first coral specimen from the region. With a Shell vessel nearby, Greenpeace marine biologist and submarine pilot John Hocevar collected two specimens of Gersemia rubiformis coral, also known as sea ras
NewLead Holdings Ltd. yesterday announced that the Company reached a preliminary agreement with Lemissoler Maritime Company W.L.L. (“Lemissoler”) regarding the termination of the sale and leaseback of the four dry bulk vessels previously redelivered to Lemissoler. Under this agreement, Lemissoler wi
Polarcus Limited announces the release of its second quarter 2012 financial statements. 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 more vessels in operation an
Knightsbridge Tankers Limited, yesterday announced that one of its charterers, Hong Xiang Shipping Holding (Hong Kong) Co Limited (“Hong Xiang”), has redelivered the 176,000 dwt Capesize drybulk carrier Golden Zhejiang before final maturity of the charter. The Golden Zhejiang was on charter for a ra
FAR Limited (FAR), an independent Australian Securities Exchange listed oil and gas explorer with high impact assets in West and East Africa has announced quarterly report for the period from 1 April 2012 to 30 June 2012 with the cash balance of $33.7M. FAR also announced the completion of 3D seismi
In most coastal and estuarine settings the seabed elevation (water depth/bathymetry) changes due to the processes of sediment and sediment deposition on a daily basis. More pronounced changes occur when wave energy can penetrate to the seabed during winter storms. Changes in seabed level greater tha
McMoRan Exploration Co. yesterday provided an update on the Davy Jones No. 1 workover currently in progress on South Marsh Island Block 230. As previously reported McMoRan successfully perforated 165 feet of Wilcox sands and on July 13 commenced operations to run production tubing. Prior to removing
Huntington Ingalls Industries announced yesterday that its AMSEC LLC subsidiary has been awarded a contract to provide Total Ship Information Management System (TSIMS) support to the U.S. Navy. The indefinite-delivery/indefinite-quantity, cost-plus-fixed-fee SeaPort Enhanced (SeaPort-e) task order c
Sweedish energy company, Vattenfall, has released second quarter 2012 results. Net sales amounted to SEK 36,703 million (40,443) for the second quarter and SEK 85,697 million (92,311) for the first half of the year. For continuing operations, i.e., excluding divested operations primarily in Belgium,
The Crown Estate has issued a study highlighting the opportunities that exist for suppliers to address the current gap between anticipated demand and currently available supply of export power cables for offshore wind farms. The study identified that current manufacturing capacity does not meet the
