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Business & Finance

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Croatia: 3. Maj Shipyard Launches Second Vessel for Wisby Tankers
Business & Finance

Croatia: 3. Maj Shipyard Launches Second Vessel for Wisby Tankers

At a ceremony held on June 30 2012, a newbuild tanker was launched from 3. Maj Shipyard’s Slipway No. 2. This is the second vessel in a series of four tankers the shipbuilder 3. Maj has constructed for the Swedish company WISBY TANKERS. The tanker, designed to carry concrete, oil and chemicals, is 1

about 14 years ago
UK: SeaEnergy Announces SERL Sale Details
Business & Finance

UK: SeaEnergy Announces SERL Sale Details

SeaEnergy has announced that, pursuant to the Sale and Purchase Agreement dated 4 June 2011 between the Company and Repsol Nuevas Energias S.A. (“Repsol”), the Retention Amount of £3,000,000 plus interest became due for payment on 28 June 2012. The Company was notified on 27 June 2012, of a warranty

about 14 years ago
USA: Dexter S&G Takes Delivery of DSC Dredge
Business & Finance

USA: Dexter S&G Takes Delivery of DSC Dredge

Last month, Dexter Sand & Gravel of Missouri took delivery of their new 10-inch Wolverine dredge. The company purchased the hydraulic dredge to reach sand deposits below the ground water level. Dexter Sand & Gravel, a subsidiary of Delta Companies, Inc., purchased the dredge for use at a new 100-acr

about 14 years ago
OSX Appoints New CEO (Brazil)
Business & Finance

OSX Appoints New CEO (Brazil)

OSX announces that Mr. Carlos Eduardo Sardenberg Bellot, current Operations, Engineering, Leasing and Developing Officer of OSX assumes the position of CEO of OSX. Mr. Bellot has been an officer (COO) of the Company during the last two years and shall keep his previous position until further deliber

about 14 years ago
Luxembourg: EIB to Finance Northwind Project with EUR 333 Million
Business & Finance

Luxembourg: EIB to Finance Northwind Project with EUR 333 Million

The European Investment Bank (EIB) will grant EUR 333 million to finance the Northwind offshore wind power plant. The financial close, which was announced yesterday, will cover the construction and operation of a 216 MW offshore wind farm to be built on a sandbank located 37 km from the port of Oste

about 14 years ago
Luxembourg: EIB to Finance Northwind Project with EUR 333 Million
Business & Finance

Luxembourg: EIB to Finance Northwind Project with EUR 333 Million

The European Investment Bank (EIB) will grant EUR 333 million to finance the Northwind offshore wind power plant. The financial close, which was announced yesterday, will cover the construction and operation of a 216 MW offshore wind farm to be built on a sandbank located 37 km from the port of Oste

about 14 years ago
New Managing Director for Damen Shiprepair Brest (FR)
Business & Finance

New Managing Director for Damen Shiprepair Brest (FR)

As of mid July 2012, Mr Jos Goris will actively take up the post of managing director for Damen Shiprepair Brest (DSB). Mr Goris succeeds Mr André Hollander, who managed the yard (formerly known as Sobrena) from the moment Damen Shipyards Group took over its operations three months ago. He will rema

about 14 years ago
Colombo Dockyard Launches MPSV Greatship Rachna (Sri Lanka)
Business & Finance

Colombo Dockyard Launches MPSV Greatship Rachna (Sri Lanka)

Greatship Rachna, the second vessel of a series of three Multipurpose Platform Supply Vessels being built by Colombo Dockyard PLC (CDPLC) for Greatship Global Offshore Services Pte Limited of Singapore, was ceremonially launched on 28th June 2012. The ceremonial Launching was performed by Owner’s Re

about 14 years ago
STX to Construct Two PSVs for Island Offshore (Norway)
Business & Finance

STX to Construct Two PSVs for Island Offshore (Norway)

STX OSV Holdings Limited (“STX OSV”), one of the major global designers and shipbuilders of offshore and specialized vessels, announced that it has secured new contracts for the construction of two Platform Supply Vessels (PSV) for Island Offshore. The total value of the contracts amounts to approxi

about 14 years ago
Japan: MOL Inks Contract for Two LNG Carriers with Kansai Electric Power
Business & Finance

Japan: MOL Inks Contract for Two LNG Carriers with Kansai Electric Power

Mitsui O.S.K. Lines, Ltd. (MOL; President: Koichi Muto) today announced the signing of a long-term contract for two new liquefied natural gas (LNG) carriers with Kansai Electric Power Inc. (President: Makoto Yagi). At the same time, MOL concluded contracts to build the ships Kawasaki Heavy Industrie

about 14 years ago
Maasvlakte 2: Seawall Closure Set for July (The Netherlands)
Business & Finance

Maasvlakte 2: Seawall Closure Set for July (The Netherlands)

On 11 July, the high point in the construction of Maasvlakte 2 will occur. Then, at slack water, when the current is at its weakest, the gap in the 11 km long seawall will be closed. From that moment, the Dutch coastline will be changed forever and the new land will be well protected from […]

about 14 years ago
Saipem Signs E&C Offshore Contracts Worth USD 350 Mln
Business & Finance

Saipem Signs E&C Offshore Contracts Worth USD 350 Mln

Saipem has signed new E&C Offshore contracts in West Africa, in Angola and in Nigeria, worth approximately $350 million. In Angola, Saipem, through its jointly controlled company Petromar, won 2 different packages (EPCI 3/ EPCI 4) for the development of the southern part of Mafumeira field, located

about 14 years ago
Nord Stream Completes Tie-Ins of Second Gas Pipeline
Business & Finance

Nord Stream Completes Tie-Ins of Second Gas Pipeline

Nord Stream has successfully completed the second of the two underwater tie-ins of its second gas pipeline through the Baltic Sea on 28 June. The 1,224-kilometre offshore pipeline is now complete and will be de-watered and dried before being joined to the onshore landfall sections in Russia and Germ

about 14 years ago
VolkerWessels Wins Cabling Contract for German Meerwind Offshore Wind Farm
Business & Finance

VolkerWessels Wins Cabling Contract for German Meerwind Offshore Wind Farm

VolkerWessels subsidiary Visser & Smit Marine Contracting (VSMC) has been awarded a contract from WindMW GmbH for the installation of cables for the Meerwind Offshore Wind Farm which is currently under construction in Germany. The award of the contract consolidates VSMC’s position as market leader i

about 14 years ago
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