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Business & Finance

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The Netherlands: Veka-Group Introduces New LNG Tankers
Business & Finance

The Netherlands: Veka-Group Introduces New LNG Tankers

Veka-Group has developed three new LNG tankers, which can also be used as bunker ships. Two tankers are destined for short sea trips and/or coastal services. The third tanker, a LNG inland waterway bunker ship, is the first of its type in the world. The tanker sails almost completely on the ‘boil of

about 14 years ago
USA: Weeks Marine to Christen Cutter Suction Dredger CR McCaskill
Business & Finance

USA: Weeks Marine to Christen Cutter Suction Dredger CR McCaskill

Weeks Marine Inc. (WMI), an ENR top 100 construction contractor with extensive dredging and coastal restoration experience in the Gulf of Mexico will christen a new $41 million ocean-going hydraulic cutter suction dredge, the CR McCaskill, on July 16, 2012 at the company’s Houma Marine Yard, 1135 Lo

about 14 years ago
Breagh Development Costs Rise More, Sterling Says (UK)
Business & Finance

Breagh Development Costs Rise More, Sterling Says (UK)

Sterling Resources Ltd. has provided an update regarding the anticipated start of first production and the latest development cost for the Breagh gas field. The review of the remaining work required at the Teesside Gas Processing Plant (“TGPP”), where Breagh gas is to be processed, is still ongoing.

about 14 years ago
Sweden: SKF Signs USD Multi-Million Agreement for Wind Industry
Business & Finance

Sweden: SKF Signs USD Multi-Million Agreement for Wind Industry

SKF has signed a three-year supply agreement, worth around SEK 1 billion (around USD 142 million) for the new generation SKF Nautilus bearing, with a major wind turbine manufacturer. The new multi-megawatt turbine that will utilize the new bearing is intended for both onshore and offshore installati

about 14 years ago
Canadian Govt to Fund Urgent Repairs and Improvements at Digby Harbour
Business & Finance

Canadian Govt to Fund Urgent Repairs and Improvements at Digby Harbour

Greg Kerr, Member of Parliament for West Nova, announced yesterday that the Government of Canada will provide additional funding to the Digby Harbour Port Association to allow all urgent repairs and improvements at the Digby Harbour to start, including the construction of a breakwater. “The Digby Ha

about 14 years ago
UK: Echoscope Helps Develop Renewable Energy
Business & Finance

UK: Echoscope Helps Develop Renewable Energy

The Echoscope® has been used during the development of advanced underwater kite technology from the company Minesto. Taking advantage of the unique geometry of the viewing volume, it has been possible to visualise current-driven hydrofoils in three dimensions as they move through the water flow. Thi

about 14 years ago
U.A.E: STATS Appoints New Regional Director for MENA
Business & Finance

U.A.E: STATS Appoints New Regional Director for MENA

Pipeline engineering company, STATS Group, has appointed Angus Bowie as Regional Director for the Middle East North Africa (MENA) in a move which heralds a major expansion in the region. Mr Bowie was previously Technical Director and has relocated from Aberdeen to Abu Dhabi where he will oversee the

about 14 years ago
Malaysia: PTP Kicks Off Modernization Plan Worth USD 442 Mln
Business & Finance

Malaysia: PTP Kicks Off Modernization Plan Worth USD 442 Mln

Malaysia’s Port of Tanjung Pelepas (PTP) is investing MYR 1.4 billion (US$442 million) over the next three years in a modernization plan designed to meet the docking requirements of mega-container vessels. PTP chairman Datuk Mohd Shaik Osman said the port is investing in new cranes, electrifying exi

about 14 years ago
STATS Names Director for MENA Region
Business & Finance

STATS Names Director for MENA Region

Pipeline engineering company based in Aberdeen,UK, STATS Group, has appointed Angus Bowie as Regional Director for the Middle East North Africa (MENA) in a move which heralds a major expansion in the region. Bowie was previously Technical Director and has relocated from Aberdeen to Abu Dhabi where h

about 14 years ago
USA: Crowley Maritime Receives Recognition for Operational Safety
Business & Finance

USA: Crowley Maritime Receives Recognition for Operational Safety

The Chamber of Shipping of America (CSA) recently recognized Crowley Maritime Corporation’s commitment to operational safety by presenting 67 vessels with 2011 Jones F. Devlin Awards for safety during the CSA Annual Safety Awards Luncheon in New Orleans, La. Crowley nearly doubled its number of vess

about 14 years ago
HMS Echo Discovers Underwater Mountain in the Red Sea
Business & Finance

HMS Echo Discovers Underwater Mountain in the Red Sea

Survey ship HMS Echo has discovered an underwater mountain the size of the Rock of Gibraltar has she sailed through poorly-mapped waters in the Red Sea. The ship came across the huge feature while searching for volcanoes on the seabed – and also located a WW2 wreck off the Libyan coast as her 19-mon

about 14 years ago
Apply Nemo Opens New Offices (Norway)
Business & Finance

Apply Nemo Opens New Offices (Norway)

Apply ‘s Centre Of Excellence within Subsea Apply Nemo, has today head office at Lysaker outside Oslo and a branch office in Perth (AUS) 2012. Due to the increased volume of work and to be able to take part of the fast growing subsea industry the management team in Apply has decided to establish a [

about 14 years ago
Hawaiian Telcom Acquires Wavecom Solutions (USA)
Business & Finance

Hawaiian Telcom Acquires Wavecom Solutions (USA)

Hawaiian Telcom Holdco, Hawaii’s leader in integrated communications solutions, announced that its Hawaiian Telcom, Inc. subsidiary has signed a definitive agreement to acquire Wavecom Solutions Corporation’s competitive local exchange carrier (CLEC) business. The stock purchase transaction is value

about 14 years ago
Noble’s New Drillship Enters Three-Year Contract in GoM
Business & Finance

Noble’s New Drillship Enters Three-Year Contract in GoM

Noble Corporation announced that the Company has entered into a three-year term drilling contract with Anadarko Petroleum Corporation for the Noble Bob Douglas, one of Noble’s new ultra-deepwater drillships currently under construction at the Hyundai Heavy Industries Co. Ltd. (HHI) shipyard in Ulsan

about 14 years ago
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