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Statoil Replaces Navion Saga with Europa (Norway)
Business & Finance

Statoil Replaces Navion Saga with Europa (Norway)

Statoil Petroleum AS (Statoil) has received consent to use Navion Europa Floating Storage & Offloading Unit as a replacement for Navion Saga on the Volve field while Navion Saga undergoes main classification along shore. The Volve oil field was developed using a jack-up process and drilling facility

about 14 years ago
Cargotec Secures Order for Siwertell Ship Unloader from Denmark
Business & Finance

Cargotec Secures Order for Siwertell Ship Unloader from Denmark

Cargotec has secured an order for a Siwertell ship unloader from Denmark’s leading power company, Dong Energy; it will ensure a high-capacity unloading of wood pellets and coal for one of the most efficient power stations of its kind. The order is booked into the first quarter order intake. Dong Ene

about 14 years ago
Rolls-Royce Strengthens Its Position in the Mediterranean Market
Business & Finance

Rolls-Royce Strengthens Its Position in the Mediterranean Market

Rolls-Royce, the global power systems company, has signed an £18 million contract with Italian shipyard Rosetti Marino S.p.A for the design and delivery of an integrated power & propulsion and equipment system for an anchor handling vessel. The vessel will be built for Augusta Offshore S.p.A and is

about 14 years ago
Tritech Expands Global Reach with New Office in North America
Business & Finance

Tritech Expands Global Reach with New Office in North America

Underwater technology specialist Tritech is expanding its global reach with a new office in Houston, Texas. Tritech North America will focus on developing new opportunities in the North American region and establishing closer working relationships with its OEM partners and customers. Opening in the

about 14 years ago
USA: South Carolina Ports Authority Board Approves Investment Plan
Business & Finance

USA: South Carolina Ports Authority Board Approves Investment Plan

South Carolina Ports Authority (SCPA) Board approved the most aggressive investment plan in the agency’s history, reports abcnews4.com. The Board approved the SCPA’s budget for the 2013 fiscal year, which starts July 1. “This aggressive investment plan for our ports mirrors the significant investmen

about 14 years ago
USA: FMT Industries to Build Six Tank Barges
Business & Finance

USA: FMT Industries to Build Six Tank Barges

FMT Industries, LLC—one of the several companies within the Florida Marine Group (Florida Marine)—has signed a contract with Trinity Offshore, LLC (now known as TY Offshore) to build an additional six 297’6” x 54’ x 12’, 30,000 barrel tank barges. FMT placed its original order for four 30,000 barrel

about 14 years ago
Rolls-Royce to Equip Anchor Handler for Augusta Offshore (Italy)
Business & Finance

Rolls-Royce to Equip Anchor Handler for Augusta Offshore (Italy)

Rolls-Royce, the global power systems company, has signed an £18 million (USD 28.3 million) contract with Italian shipyard Rosetti Marino S.p.A for the design and delivery of an integrated power & propulsion and equipment system for an anchor handling vessel. The vessel will be built for Augusta Off

about 14 years ago
Greece: Paragon Shipping Charters Out MV Precious Seas
Business & Finance

Greece: Paragon Shipping Charters Out MV Precious Seas

Paragon Shipping Inc. announced yesterday that it has taken delivery of the M/V Precious Seas, a 37,205 dwt Handysize vessel, from the Zhejiang Ouhua Shipbuilding Co. in China. The vessel has been chartered out to Cargill International S.A. for a period of 23 to 26 months at a gross daily rate of $1

about 14 years ago
Norway: Statoil Deputy Chair and Board Member Resigns
Business & Finance

Norway: Statoil Deputy Chair and Board Member Resigns

Marit Arnstad has informed that she will resign from her position as deputy chair and member of the board of directors in Statoil ASA with immediate effect. The nomination committee in Statoil will start its search for a new board member, and the corporate assembly will make a by-election when the n

about 14 years ago
Rialto Encounters Oil and Gas Zones at Gazelle ST-2 Well, Offshore Ivory Coast
Business & Finance

Rialto Encounters Oil and Gas Zones at Gazelle ST-2 Well, Offshore Ivory Coast

Rialto Energy Limited has provided an update on drilling operations at the Gazelle-P3 ST2 Well, offshore Côte D’Ivoire as at 06:00hrs, 19 June 2012 (GMT). “Since the last report we are pleased to announce that the well was successfully drilled into the planned Albian target to a total depth of 2959m

about 14 years ago
CSL Orders Two New Bulkers from Chinese Shipyard
Business & Finance

CSL Orders Two New Bulkers from Chinese Shipyard

Canada Steamship Lines (“CSL”), a division of the CSL Group, announced today a firm order for two new gearless bulk vessels, bringing to six the number of “Trillium Class” ships to be built as part of its major fleet expansion program for the Great Lakes market. The two new vessels will be built at

about 14 years ago
Mermaid Maritime Appoints New Board Members (Thailand)
Business & Finance

Mermaid Maritime Appoints New Board Members (Thailand)

Mermaid Maritime Public Company Limited announced the appointment of Mr. Prasert Bunsumpun as its new Chairman of the Board of Directors, as well as the appointments of Mr. Chalermchai Mahagitsiri, Mr. Joseph Chia, Mr. Ng Cher Yan and Mr. Joachim Toh as new Directors. The appointments of Mr. Prasert

about 14 years ago
Norway: Technip Lands Bøyla Field Development Contract
Business & Finance

Norway: Technip Lands Bøyla Field Development Contract

Technip was awarded by Marathon Oil Norge AS an engineering, procurement, installation and commissioning contract, worth above €300 million, for the Bøyla field development in the North Sea, located about 225 kilometers West of Stavanger, Norway, at a water depth of 120 meters. The contract includes

about 14 years ago
Germany: Eco Friendly BallastMasterultraV from GEA Westfalia Separator
Business & Finance

Germany: Eco Friendly BallastMasterultraV from GEA Westfalia Separator

Today, more than an estimated ten billion tons of ballast water are in transit on board of ships on the world’s oceans at all times. Including the microorganisms and living beings that as “stowaways” easily overcome the normally insurmountable barriers of the oceans. The International Maritime Organ

about 14 years ago
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