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Business & Finance

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UK: Fairfield Energy Reports Oil Sheen in Osprey Field
Business & Finance

UK: Fairfield Energy Reports Oil Sheen in Osprey Field

Fairfield Energy Limited confirms that, following the hydrocarbon sheen reported in the vicinity of the Osprey subsea manifold last Tuesday (10th July), an ROV survey has now successfully identified the source of the subsea leak less than 5 days after the initial reports of the sheen. Fairfield Ener

about 14 years ago
Container Vessel MSC Flaminia on Fire in Mid Atlantic
Business & Finance

Container Vessel MSC Flaminia on Fire in Mid Atlantic

MCA reports, Saturday (July 14 201), that the crew on board a container vessel were forced to abandon their ship after an explosion and subsequent fire in a cargo hold mid Atlantic. Crew on board a container vessel were forced to abandon their ship after an explosion and subsequent fire in a cargo h

about 14 years ago
Bluefin Robotics Completes Knifefish Design Review (USA)
Business & Finance

Bluefin Robotics Completes Knifefish Design Review (USA)

Bluefin Robotics, a leading provider of Unmanned Underwater Vehicle (UUV) solutions for US Navy Programs of Record recently announced that the company has successfully completed the Preliminary Design Review for Knifefish, the Surface Mine Countermeasure Unmanned Underwater Vehicle (SMCM UUV). In No

about 14 years ago
GPS Jupiter to Drill Hammamet West-3 Well Offshore Tunisia
Business & Finance

GPS Jupiter to Drill Hammamet West-3 Well Offshore Tunisia

Dragon Oil plc, an international oil and gas exploration, development and production company, announces that Cooper Energy Limited (“Cooper Energy”), on behalf of the Bargou Joint Venture, has entered into a legally binding Letter of Intent with Grup Servicii Petroliere SA (GSP) with respect to the

about 14 years ago
Shipping’s Environmental Impact Well Regulated Says ICS (USA)
Business & Finance

Shipping’s Environmental Impact Well Regulated Says ICS (USA)

There is no shortfall in governance so far as the international regulation of shipping is concerned, which responsibly utilises the excellent facility that the sea provides for international transport – about 90% of world trade is carried by sea. This is the view of the International Chamber of Ship

about 14 years ago
Carnegie Wave Signs Agreements with Australian Department of Defence
Business & Finance

Carnegie Wave Signs Agreements with Australian Department of Defence

Wave energy developer, Carnegie Wave Energy Limited, announced the signing of key agreements with the Australian Department of Defence unveiled today by the Australian Prime Minister, the Honourable Julia Gillard, and the Federal Member for Brand, the Honourable Gary Gray, at Carnegie’s Wave Energy

about 14 years ago
Navig8 to Start LR1 Pool (Singapore)
Business & Finance

Navig8 to Start LR1 Pool (Singapore)

Navig8 has moved to increase the scope of Pool services offered, entering into an agreement involving 4 x LR1 Newbuildings from Sungdong Shipyard to join the existing LR1, Navig8 Honor (built 2011). With the addition of the new LR1 Pool, Navig8 now operates 10 Pools out of offices in Singapore/Londo

about 14 years ago
NOAA to Preserve Fishing Opportunities (USA)
Business & Finance

NOAA to Preserve Fishing Opportunities (USA)

NOAA recently announced that it will adjust the 2012 Georges Bank yellowtail flounder quotas for both commercial scallop and… [mappress] Source: NOAA, July 16, 2012

about 14 years ago
The Netherlands: Westmark BV’s P-trap Anti-Boarding Device to Fend-Off Pirates
Business & Finance

The Netherlands: Westmark BV’s P-trap Anti-Boarding Device to Fend-Off Pirates

New technology to deter pirates is a key topic for discussion at this year’s SMM conference in Hamburg. Westmark BV’s patented P-trap anti-boarding device is now providing ship-owners with a non-lethal barrier to harden vessels against pirate attacks. The P-trap will be displayed to the public at th

about 14 years ago
Oceana: Cabrera Habitats Are Still Unprotected (Spain)
Business & Finance

Oceana: Cabrera Habitats Are Still Unprotected (Spain)

According to the Mediterranean Regulation, the Barcelona Convention, the Habitats Directive, and the Spanish National Parks Law, the habitats around Cabrera should be already protected. Oceana believes that the Government is breaching various national and international regulations by failing to enla

about 14 years ago
UK: Climate Change Policies Expensive and Damaging for Industry, Study Shows
Business & Finance

UK: Climate Change Policies Expensive and Damaging for Industry, Study Shows

The Renewable Energy Foundation (REF) has welcomed the Department of Business Innovation and Skills (BIS) study showing that the UK’s climate change policies are expensive relative to other major economies and damaging for UK industry. REF has consistently argued since its creation in 2004 that UK’s

about 14 years ago
Dockwise Seeks Fairstar Management Suspension (The Netherlands)
Business & Finance

Dockwise Seeks Fairstar Management Suspension (The Netherlands)

Dockwise, a Breda based heavy-lift /marine transportation company, on Friday announced it had requested the Enterprise Chamber of the Amsterdam Appellate Court to schedule a date to hear a request for the immediate suspension of the management of Fairstar Heavy Transport N.V. The company, which has

about 14 years ago
ExxonMobil Sells 15 Pct Stake in Aasta Hansteen Field to OMV (Norway)
Business & Finance

ExxonMobil Sells 15 Pct Stake in Aasta Hansteen Field to OMV (Norway)

On July 12, OMV signed an agreement to acquire a 15% stake in the Aasta Hansteen field (formerly Luva, Production Licence 218/218 B) from ExxonMobil and an increase of its share by 6.15% in the Norwegian Sea Gas Infrastructure (NSGI) project. The deal is subject to approval by the Ministry of Petrol

about 14 years ago
Jaya Secures Order for Two AHTSVs (Singapore)
Business & Finance

Jaya Secures Order for Two AHTSVs (Singapore)

Jaya Holdings Limited, an Offshore Energy Services provider,has secured ship building contracts of approximately US$84 million to deliver a 5,150 bhp Anchor Handling Tug and Supply Vessel (“AHTSV”) and a 16,000 bhp AHTSV. The 16,000 bhp AHTSV, one of the largest vessels to be built by JAYA, is const

about 14 years ago
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