Evergreen Line together with MOL will launch a new all-water service linking major Asian ports to key destinations on the U.S. East Coast via the Suez Canal. The new service will commence in June 2012. The new Asia-U.S. East Coast Service 3 (AUE3) will add more direct calls to Evergreen’s service ne
Tata Communications, a leading provider of The New World of Communications, and Seaborn Networks, the developer and operator of the first direct submarine cable between the United States and Sao Paulo, Brazil, announce Tata Communications’ intent to become an anchor tenant customer on Seaborn Networ
ACCIONA Group ended 1Q 2012 with EBITDA of 328 million euro, 6.5% up on same period of last year’s figure. Net attributable profit was down 49%, to 29 million euro, mainly as a result of ACCIONA Energy. Revenues saw a 9.5% rise, coming to 1,591 million euro. The rise in Group’s EBITDA stemmed mainly
ACCIONA Group ended 1Q 2012 with EBITDA of 328 million euro, 6.5% up on same period of last year’s figure. Net attributable profit was down 49%, to 29 million euro, mainly as a result of ACCIONA Energy. Revenues saw a 9.5% rise, coming to 1,591 million euro. The rise in Group’s EBITDA stemmed mainly
NOPSEMA, Australia’s national independent regulator for offshore petroleum health and safety, well integrity and environmental management, today released the latest health and safety performance report for Australia’s offshore petroleum industry. The report contains data of inspections, investigatio
The province is proposing its commitment to an open and transparent review of the Maritime Link project by Nova Scotia’s regulator become law. Legislation introduced on May 9, by Energy Minister Charlie Parker would make it certain that the Maritime Link will be reviewed by the Utility and Review Bo
With just one more cruise visit left to officially bring the 2011/12 cruise season to an end, Ports of Auckland says it has been a record season capped by winning the “Most Efficient Terminal Operation” award in the international Cruise Insight 2011 Awards. “Servicing 97 visits from 30 cruise ships
The Board of Directors of Prysmian S.p.A. has approved the Group’s consolidated results for the first quarter of 2012 (which are not subject to audit). ” The integration with Draka has led to a significant growth in size – comments CEO Valerio Battista -, allowing sales to be better distributed geog
Subsea 7 S.A. announced results for the first quarter 2012 which ended on 31 March 2012. Jean Cahuzac, Chief Executive Officer, said: “I am pleased with our results. We have delivered a good first quarter in line with our expectations. We have also continued to improve the quality of our backlog. Th
DSM and Lankhorst Ropes cooperation delivers breakthrough technology for deepwater permanent moorings. DSM, producer of Dyneema, the world’s strongest fiber, has introduced DM20, a new fiber designed for the production of incredibly strong ropes that provide unrivalled strength, stiffness and durabi
Stone Energy Corporation has acquired Anadarko’s 25% working interest in the five block deep water Pompano field in Mississippi Canyon, a 22% working interest in Mississippi Canyon Block 29, and a 10% working interest in portions of MC 72. The purchase price under the agreement is $67 million in cas
On May 7 Petrobras signed an agreement for the conversion of four VLCC (Very Large Crude Carrier) vessels into the hulls of the future P-74, P-75, P-76, and P-77 platforms that will operate in the Transfer of Rights Agreement areas, in the Santos Basin pre-salt. The contract has a total value of US$
The Board of Directors of Prysmian S.p.A. has approved the Group’s consolidated results for the first quarter of 2012 (which are not subject to audit). ” The integration with Draka has led to a significant growth in size – comments CEO Valerio Battista -, allowing sales to be better distributed geog
Brazil’s oil company Petrobras on Monday signed an agreement for the conversion of four VLCC (Very Large Crude Carrier) vessels into the hulls of the future P-74, P-75, P-76, and P-77 Floating Production Storage and Offloading (FPSO) vessels, which will operate in the Santos Basin pre-salt. The tota
